Shipbuilders Council Of America
- Assets
- $462.3k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 54-1854827
Organization Overview
Shipbuilders Council Of America is located in Washington, DC. The organization was established in 1997. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shipbuilders Council Of America 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 12/2022, Shipbuilders Council Of America generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 1.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MONITORING REGULATORY DEVELOPMENT AFFECTING THE ASSOCIATION, PROVIDING PUBLICATIONS TO MEMBERS AND INFORMING MEMBERS REGARDING REGULATORY DEVELOPMENTS AT ANNUAL MEETINGS, TRAINING MEMBERS ON SAFETY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORING REGULATORY DEVELOPMENTS AFFECTING THE INDUSTRY IN ORDER TO INFORM IT'S ASSESSED MEMBERS AND ALLIED COMPANIES OF NEW DEVELOPMENTS.
CONDUCT 3 GENERAL MEMBERSHIP MEETINGS TO PROVIDE IT'S MEMBERS THE OPPORTUNITY TO EXCHANGE INFORMATION REGARDING ISSUES AFFECTING THE INDUSTRY.
MONITORING LEGISLATIVE DEVELOPMENTS AFFECTING THE INDUSTRY IN ORDER TO INFORM ALLIED MEMBERS AND ALLIED COMPANIES OF NEW DEVELOPMENTS.
PROVIDE IT'S MEMBERS WITH REGULAR PUBLICATIONS INCLUDING THE SCA WEEKLY REPORT TO KEEP THEM INFORMED ON ALL IMPORTANT MATTERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Bordelon Chairman | OfficerTrustee | 1 | $0 |
Bill Crow Board Member | Trustee | 1 | $0 |
Brad Moyer Board Member | Trustee | 1 | $0 |
Kari Wilkinson Board Member | Trustee | 1 | $0 |
Brian D'isernia Board Member | Trustee | 1 | $0 |
Bruce Rosenblatt Industry Partner, Chair Emeritus | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adams And Reese Llp Mgmt Fees & Legal | 12/30/21 | $850,000 |
Shjj Consulting Ship Repair Consulting | 12/30/21 | $120,000 |
Nahigian Strategies Marketing And Public Relations | 12/30/21 | $102,000 |
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 | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $1,477,099 |
| Investment income | $107 |
| 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 | $1,514,041 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $872,909 |
| Fees for services: Legal | $195 |
| Fees for services: Accounting | $16,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150,000 |
| Advertising and promotion | $93,500 |
| Office expenses | $10,709 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $402,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,463 |
| All other expenses | $0 |
| Total functional expenses | $1,659,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,837 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $79,135 |
| 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 | $81,446 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $68,814 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,106 |
| Total assets | $462,338 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $124,235 |
| 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 | $0 |
| Total liabilities | $124,235 |
| Net assets without donor restrictions | $338,103 |
| 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 | $462,338 |