Overview
What is Boston Shipping Association Inc?
Boston Shipping Association Inc is a nonprofit organization based in Charlestown, Massachusetts, with a focus on fostering harmonious relationships within the maritime industry in Boston and its vicinity. The association serves as a platform for entities such as ship owners, shipping agents, customs house brokers, freight forwarders, charterers, and stevedores, aiming to facilitate negotiations and labor agreements between employers and employees. It also strives to improve working conditions in the shipping industry and encourage sound business relationships. Additionally, Boston Shipping Association Inc works towards promoting maritime trade through the Port of Boston and collaborates with federal, state, and local government, public, and private entities to support maritime-related initiatives. With a workforce of 5 individuals, the association carries out various activities in accordance with Chapter 180 of the General Laws.
Is Boston Shipping Association Inc legitimate?
Boston Shipping Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Boston Shipping Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $552,157
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What is the mission statement of Boston Shipping Association Inc?
The Boston Shipping Association Inc's mission is centered around fostering harmonious relationships within the maritime industry. Its purpose is to facilitate amicable interactions between various parties involved, such as ship owners, shipping agents, customs house brokers, and others. The association aims to negotiate and implement labor agreements between employers and employees, improving working conditions within the shipping industry. Furthermore, it promotes sound business relationships between its members and employees, and encourages the growth of maritime trade. The organization also engages with federal, state, and local governments, as well as other entities, to advance the maritime sector as a whole. Additionally, it carries out activities that are lawfully permitted under relevant legislation.
Who is the CEO of Boston Shipping Association Inc?
Dennis Miniscalco is the President of Boston Shipping Association Inc.
What is the revenue of Boston Shipping Association Inc?
Boston Shipping Association Inc's revenue in 2022 was $1,446,565.
Who are the executives of Boston Shipping Association Inc and what are their salaries?
The average compensation at Boston Shipping Association Inc during 2022 was $110,431. There are 5 employees at Boston Shipping Association Inc.
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- Compensation: $118,594
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Where can I find the form 990 for Boston Shipping Association Inc?
Boston Shipping Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boston Shipping Association Inc
Boston Shipping Association Inc, with a focus on fostering harmonious relationships, aims to serve various parties engaged in Boston's maritime interests. The association's purpose is twofold: firstly, it seeks to promote friendly and harmonious interactions between ship owners, shipping agents, customs house brokers, freight forwarders, charterers, contracting stevedores, and other entities involved in or affiliated with the maritime sector in Boston and its vicinity. Secondly, Boston Shipping Association Inc plays a crucial role in negotiating and implementing labor agreements between employers and employees within the maritime industry.
The association also strives to improve working conditions in the shipping industry and encourages sound business relationships between its members and employees. By promoting the growth of maritime trade through the Port of Boston, Boston Shipping Association Inc contributes to the overall success of the maritime sector. Furthermore, the organization actively engages with federal, state, and local governments, as well as public and private entities, to advocate for the interests of the maritime state. In line with its mission, Boston Shipping Association Inc carries out various activities lawfully permitted under Chapter 180 of the General Laws and amendments thereto.
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Impact
October, 2024
Boston Shipping Association Inc plays a crucial role in fostering collaboration within the maritime sector of Boston. By encouraging harmonious relations among ship owners, shipping agents, customs house brokers, freight forwarders, charterers, and stevedores, the association creates a cohesive network that enhances the efficiency and effectiveness of maritime operations.
One of its primary impacts is the facilitation of labor agreements, which helps establish fair working conditions. This focus on improving the work environment not only benefits employees but also contributes to a more stable and productive workforce in the shipping industry.
Additionally, the association actively promotes the growth of maritime trade through the Port of Boston, attracting business and enhancing the region's economic vitality. By cooperating with federal, state, and local governments, as well as public and private entities, it supports the development of the area as a significant maritime state.
Overall, Boston Shipping Association Inc significantly contributes to the maritime community, strengthening relationships, advocating for better practices, and promoting economic growth in the shipping sector.
This information is meant to be a general summary of Boston Shipping Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $519
- Program Service Revenue: $953,777
- Gross Receipts: $1,446,565
Assets and Liabilities:
- Total Assets: $1,876,036
- Total Liabilities: $181,798
- Net Assets: $1,694,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT INCOME
Revenue
$947,998
MEMBERSHIP DUES
Revenue
$5,779
Organization Details
Founding Year
1946
Phone
(617) 242-3303Principal Officer
Dennis Miniscalco
Main Address
197 8TH STREET 775, CHARLESTOWN, MA, 021294208
NTEE Category
Code: Y40 - Mutual benefit
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