Ballast Water Equipment Manufacturers Association
- Assets
- $57.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 82-4290306
Organization Overview
Ballast Water Equipment Manufacturers Association is located in Alexandria, VA. The organization was established in 2019. 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. Ballast Water Equipment Manufacturers Association 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, Ballast Water Equipment Manufacturers Association generated $81.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $62.3k during the year ending 12/2021. While expenses have increased by 15.0% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcie Merksamer Secretary General | 20 | $52,656 | |
Efi Tsolaki President | 10 | $0 | |
Birgir Nilsen Treasurer | 10 | $0 | |
Steve Candito Secretary | 10 | $0 | |
Rasmus Folso Director | 10 | $0 | |
Matt Granitto Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $81,460 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,460 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,656 |
| Professional fees and other payments to independent contractors | $6,064 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,617 |
| Total expenses | $62,337 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,788 |
| Other assets | $0 |
| Total assets | $57,903 |
| Total liabilities | $3,768 |
| Net assets or fund balances | $54,135 |
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