Marine Trawler Owners Association Inc is located in Towson, MD. The organization was established in 1997. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Trawler Owners Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Marine Trawler Owners Association Inc generated $123.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $104.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MTOA CONDUCTED 6 RENDEZVOUS FOR THE BENEFIT OF ITS MEMBERS. IT HELD VARIOUS SEMINARS ON BOATING SAFETY, LOCAL ATTRACTIONS WHERE THE EVENTS WERE HELD AND ECOLOGY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jonathon Katzen Secretary | 10 | $0 | |
Mary Barringer President | 10 | $0 | |
Chuck Bartlett Board | 2 | $0 | |
Cj Higginbotham Board | 2 | $0 | |
John Esch Treasurer | 10 | $0 | |
Donald W Conner Board | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $35,647 |
Membership dues | $83,696 |
Investment income | $13 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,300 |
Total Revenue | $123,135 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $43,718 |
Other expenses | $60,806 |
Total expenses | $104,524 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $203,103 |
Other assets | $0 |
Total assets | $203,103 |
Total liabilities | $3,402 |
Net assets or fund balances | $199,701 |
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