Passenger Vessel Foundation Inc

Organization Overview

Passenger Vessel Foundation Inc is located in Stoddard, WI. The organization was established in 1996. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Passenger Vessel Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Passenger Vessel Foundation Inc generated $66.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.8%) each year. All expenses for the organization totaled $25.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS BEGUN TO INSURE THAT THE PASSENGER VESSEL INDUSTRY CONTINUED WITH ITS DEDICATION TO CONTINUE FURTHERING EDUCATION AND DEVELOPMENT OF SAFETY RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS ARE AWARDED FOR EDUCATIONAL ASSISTANCE, RESEARCH, TRAINING OR THE IMPROVEMENT OF SAFETY WITHIN THE MARITIME INDUSTRY, PARTICULARLY WHERE THESE APPLY TO THE US DOMESTIC PASSENGER VESSEL INDUSTRY.TO CONDUCT AND DISSEMINATE RESEARCH AND EDUCATIONAL STUDIES AND MAKE RECOMMENDATIONS ON QUESTIONS OF COMMON INTEREST TO THE US-FLAGGED PASSENGER VESSEL INDUSTRY.TO PROVIDE EDUCATION TO IMPROVE AND DEVELOP THE CAPABILITIES OF THOSE PERSONS WHO HAVE AN INTEREST IN THE US-FLAGGED PASSENGER VESSEL INDUSTRY.TO PROVIDE EDUCATIONAL SCHOLARSHIPS FOR INDIVIDUALS WHO SUPPORT THE INTERESTS AND OBJECTIVES OF THE US-FLAGGED PASSENGER VESSEL INDUSTRY.TO DEVELOP PROGRAMS OF PUBLIC AWARENESS THAT ADDRESS THE ISSUES OF CONCERN TO THE INDUSTRY, INCLUDING BUT NOT LIMITED TO ENVIRONMENTAL, BUSINESS, AND MARITIME ISSUES.


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Board, Officers & Key Employees

Name (title)Compensation
Frederick Hall
Trustee
$0
Jenny Gezella
Trustee
$0
Patrick Murphy
Trustee
$0
Troy Manthey
Trustee
$0
Erik Bombard
Trustee
$0
Robert Mcmahon Jr
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$32,431
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$16,633
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$49,064
Total Program Service Revenue$0
Investment income $16,895
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $596
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,555

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