Radio Technical Commission For Maritime Services
- Assets
- $520.2k
- Revenue
- $387.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Arlington, VA
- Founding
- 02/1952
- Data as of
- 09/2023
- EIN
- 53-0207351
Organization Overview
Radio Technical Commission For Maritime Services is located in Arlington, VA. The organization was established in 1952. 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. As of 09/2023, Radio Technical Commission For Maritime Services employed 2 individuals. This organization is the central organization for a national or regional group of organizations. Radio Technical Commission For Maritime Services 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 09/2023, Radio Technical Commission For Maritime Services generated $387.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $400.0k during the year ending 09/2023. While expenses have increased by 3.6% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER THE EXPANSION AND DISSEMINATION OF CURRENT KNOWLEDGE ABOUT MARITIME TELECOMMUNICATIONS AND TO IMPROVE THE TECHNICAL QUALITY AND THE PRACTICAL APPLICATIONS OF MARITIME TELECOMMUNICATIONS FOR THE BENEFIT OF ALL CONCERNED IN THE PRIVATE AND PUBLIC SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND TECHNICAL PROGRAM - FROM RTCM TO MEMBERS CONCERNING MARITIME RADIO COMMUNICATION AND RADIO NAVIGATION REGULATORY AND TECHNICAL INFORMATION.
GENERAL ASSEMBLY MEETINGS - TO PROVIDE INFORMATION TO MEMBERS.
CONTRACTS - TECHNICAL AND ADMINISTRATIVE SUPPORT FOR THE NATIONAL GLOBAL MARITIME DISTRESS AND SAFETY SYSTEM TASK FORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Hoffman Chair | OfficerTrustee | 6 | $0 |
John Fuechsel Secretary | OfficerTrustee | 8 | $0 |
Carl Andren Treasurer | OfficerTrustee | 5 | $0 |
Johnny Schultz Director | Trustee | 1 | $0 |
Roberto Capua Director | Trustee | 4 | $0 |
Kendall Ferguson Director | Trustee | 1 | $0 |
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 | $270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270 |
| Total Program Service Revenue | $385,097 |
| Investment income | $2,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $387,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $91,611 |
| Compensation of current officers, directors, key employees. | $4,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,015 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,985 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,721 |
| Advertising and promotion | $0 |
| Office expenses | $1,042 |
| Information technology | $2,459 |
| Royalties | $0 |
| Occupancy | $26,640 |
| Travel | $23,644 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,175 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $776 |
| Insurance | $7,599 |
| All other expenses | $0 |
| Total functional expenses | $399,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,470 |
| Savings and temporary cash investments | $100,643 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,193 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,977 |
| Investments—publicly traded securities | $242,266 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,643 |
| Total assets | $520,192 |
| Accounts payable and accrued expenses | $5,791 |
| Grants payable | $0 |
| Deferred revenue | $124,494 |
| 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 | $24,199 |
| Total liabilities | $154,484 |
| Net assets without donor restrictions | $365,708 |
| 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 | $520,192 |