Ocean Tourism Coalition
- Assets
- $147.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 03/2001
- Data as of
- 06/2023
- EIN
- 99-0318113
Organization Overview
Ocean Tourism Coalition is located in Honolulu, HI. The organization was established in 2001. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Ocean Tourism Coalition 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 06/2023, Ocean Tourism Coalition generated $61.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $45.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
REPRESENTS THE INTEREST OF THE OCEAN TOURISM INDUSTRY INCLUDING DIVE BOATS, SNORKEL TOURS, BOATING EXCURSIONS AND THEIR INTERACTION WITH STATE AND LOCAL REGULATORY AUTHORITIES AS WELL AS THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Coon President | 0.3 | $0 | |
Teri Leicher Vice Preside | 0.01 | $0 | |
Mendy Dant Secretary | 0.01 | $0 | |
Phil Kasper Asst. Secret | 0.01 | $0 | |
Timothy Lyons Cae Executive Di | 0.1 | $0 | |
Kevin Millett Treasurer | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,090 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,045 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,135 |
| 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 | $43,979 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $338 |
| Other expenses | $1,093 |
| Total expenses | $45,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,324 |
| Other assets | $0 |
| Total assets | $147,324 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,324 |