Ship Repair Association Of Hawaii is located in Honolulu, HI. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ship Repair Association Of Hawaii 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 12/2021, Ship Repair Association Of Hawaii generated $500.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (41.1%) each year. All expenses for the organization totaled $4.2k during the year ending 12/2021. 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
PROVIDED ADVERTISING ABOUT THE HI SHIP REPAIR INDUSTRY TO INCREASE PUBLIC AWARENESS OF THE CAPABILITIES & QUALITY OF SERVICES BEING PROVIDED BY THE MEMBERS OF THE ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Iain Wood President | 2 | $0 | |
Bruce Smith Vice President | 2 | $0 | |
Craig Fitzgerald Secretary/treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $500 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $500 |
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 | $319 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $129 |
Other expenses | $3,792 |
Total expenses | $4,240 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $29,911 |
Other assets | $0 |
Total assets | $29,911 |
Total liabilities | $319 |
Net assets or fund balances | $29,592 |