American Waterways Operators Inc
- Assets
- $15.5m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 32
- Location
- Arlington, VA
- Founding
- 05/1945
- Data as of
- 12/2023
- EIN
- 53-0173915
Organization Overview
American Waterways Operators Inc is located in Arlington, VA. The organization was established in 1945. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, American Waterways Operators Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Waterways Operators Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, American Waterways Operators Inc generated $7.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $7.3m during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Waterways Operators Inc has awarded 46 individual grants totaling $1,553,584. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NATIONAL TRADE ASSOCIATION OF THE TUGBOAT, TOWBOAT AND BARGE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY - AWO SERVES AS THE LEADING NATIONAL ADVOCATE FOR THE TUGBOAT, TOWBOAT AND BARGE INDUSTRY WITH THE U.S. CONGRESS, ADMINISTRATION, FEDERAL AGENCIES, AND STATE GOVERNMENTS. AWO PROMOTES THE INDUSTRY'S VALUE TO THE NATION AS A DRIVER OF THE U.S. ECONOMY THAT PROVIDES FAMILY-WAGE JOBS AND MOVES THE NATION'S FREIGHT SAFELY WHILE REDUCING AIR AND WATER POLLUTION, RELIEVING TRAFFIC CONGESTION, AND PROTECTING HOMELAND SECURITY. AWO STAFF AND MEMBERS ADVOCATE FOR SOUND LEGISLATION, REGULATION AND PUBLIC POLICY THAT ENABLES THE INDUSTRY TO CONTINUE TO PROVIDE JOBS AND MOVE THE NATION'S COMMERCE SAFELY, SUSTAINABLY AND EFFICIENTLY.
MEMBERSHIP MEETINGS - AWO CONDUCTS MEETINGS AT THE NATIONAL AND REGIONAL LEVELS TO EDUCATE MEMBERS ON PUBLIC POLICY ISSUES FACING THE TUGBOAT, TOWBOAT, AND BARGE INDUSTRY AND PROMOTES SAFETY, SECURITY AND ENVIRONMENTAL STEWARDSHIP. IN 2023, AWO HELD TWO IN-PERSON BOARD MEETINGS/NATIONAL CONVENTIONS, THREE IN-PERSON ANNUAL REGIONAL MEETINGS AND TWO IN-PERSON SAFETY MEETINGS. ATTENDANCE AT THESE EVENTS RANGED FROM 55-175 MEMBERS. AWO ALSO HELD A SERIES OF SMALLER HYBRID REGIONAL ROUNDTABLE GATHERINGS THROUGHOUT THE SUMMER.
SAFETY AND ENVIRONMENTAL SUSTAINABILITY - AWO SUPPORTS MEMBERS IN BUILDING THE COMPETENCIES, BEST PRACTICES AND CAPACITY TO OPERATE AT THE HIGHEST STANDARDS OF SAFETY, SUSTAINABILITY, EFFICIENCY AND INNOVATION. TO THAT END, AWO SETS SAFETY MANAGEMENT SYSTEM STANDARDS; PROVIDE FORUMS FOR SAFETY PROFESSIONALS; CREATES AND DISTRIBUTES MARINE SAFETY COMMUNICATIONS; DEVELOPS SAFETY AND SUSTAINABILITY TOOLS AND RESOURCES; SUPPORTS COMPLIANCE WITH SAFETY AND SECURITY REGULATIONS; AND ENGAGES AND ADVOCATES THROUGH SAFETY PARTNERSHIPS WITH PUBLIC AND PRIVATE SECTOR ENTITIES.
PUBLIC AFFAIRS AND COMMUNICATIONS - AWO GENERATES PROMOTIONAL MATERIALS AND MEDIA COVERAGE TO HELP RAISE AWARENESS OF THE TUGBOAT, TOWBOAT AND BARGE INDUSTRY'S CONTRIBUTIONS TO THE U.S. ECONOMY, SECURITY, AND ENVIRONMENT AMONG POLICYMAKERS AND THE GENERAL PUBLIC AND CRAFTS COMMUNICATIONS TO INFORM THE AWO MEMBERSHIP OF PUBLIC POLICY DEVELOPMENTS AND ENCOURAGE MEMBER ENGAGEMENT IN AWO'S WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Todd Immd. Past Chair (as Of 5/23) | OfficerTrustee | 5 | $0 |
Rick Iuliucci Chairman (as Of 5/23) | OfficerTrustee | 5 | $0 |
Kelly Teichman Vice Chairman (as Of 5/23) | OfficerTrustee | 5 | $0 |
Brian Hughes Treasurer | OfficerTrustee | 5 | $0 |
Aaron Halcomb Director | Trustee | 1 | $0 |
Adam Binsfeld Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hurner Government Relations & Advocacy Carb Lobbying - State Of California | 12/30/23 | $135,592 |
American Maritime Partnership Maritime Industry Advocacy | 12/30/23 | $104,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,346,732 |
| Investment income | $210,947 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,564 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,577,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $184,526 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,832,350 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,279,286 |
| Pension plan accruals and contributions | $197,299 |
| Other employee benefits | $297,937 |
| Payroll taxes | $244,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,508 |
| Fees for services: Accounting | $31,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,218 |
| Fees for services: Other | $74,402 |
| Advertising and promotion | $0 |
| Office expenses | $102,137 |
| Information technology | $167,525 |
| Royalties | $0 |
| Occupancy | $506,021 |
| Travel | $174,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $542,844 |
| Interest | $733 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $161,105 |
| Insurance | $49,047 |
| All other expenses | $30,723 |
| Total functional expenses | $7,315,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,916,436 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125,126 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $211,091 |
| Net Land, buildings, and equipment | $838,919 |
| Investments—publicly traded securities | $6,599,472 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,828,011 |
| Total assets | $15,519,055 |
| Accounts payable and accrued expenses | $249,640 |
| Grants payable | $0 |
| Deferred revenue | $136,346 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,638,348 |
| Total liabilities | $9,024,334 |
| Net assets without donor restrictions | $6,494,721 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,519,055 |
Grants Awarded
Over the last fiscal year, American Waterways Operators Inc has awarded $181,526 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN MARITIME PARTNERSHIP PURPOSE: PROGRAM SUPPORT | $104,000 |
COALITION TO PROTECT THE MISSOURI RIVER PURPOSE: PROGRAM SUPPORT | $12,000 |
FLORIDA MARITIME PARTNERSHIP PURPOSE: PROGRAM SUPPORT | $20,000 |
CONGRESSIONAL BLACK CAUCUS INSTITUTE PURPOSE: PROGRAM SUPPORT | $14,875 |
PACIFIC MERCHANT SHIPPING ASOCIATION PURPOSE: PROGRAM SUPPORT | $5,565 |
NCSL FOUNDATION PURPOSE: PROGRAM SUPPORT | $15,000 |