Boston Marine Society

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042139204 ✦ Boston, MA ✦ Designated as a 501(c)(4)

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Overview

What is Boston Marine Society?

Boston Marine Society is a nonprofit organization situated in Boston, Massachusetts, with a specific address provided. Their primary focus lies in promoting knowledge of the coast and providing assistance to individuals and families in need. They achieve this mission by granting scholarships and memorial funds to maritime academies and institutions associated with coastal education and preservation. Furthermore, they financially aid in the education and training of maritime academy students, alleviating any financial burdens they may face. With a team of two dedicated employees, Boston Marine Society contributes to the maritime community by fostering learning and supporting those seeking a career in this field.


Official website here: www.bostonmarinesociety.org

Is Boston Marine Society legitimate?

Boston Marine Society is a legitimate nonprofit organization registered as a 501(c)(4) entity. Boston Marine Society 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: $99,894

For more financial information, click here


Official website here: www.bostonmarinesociety.org

What is the mission statement of Boston Marine Society?

The Boston Marine Society works towards three primary objectives. Firstly, it aimsto promote understanding of the coast and its surroundings. Secondly, it strives to alleviate poverty among its members and their families. Lastly, it financially supports maritime academy students in their education and training. The society accomplishes this through various means, including providing scholarships and memorial funds to maritime academies and organizations related to coast education and preservation.


Official website here: www.bostonmarinesociety.org

Who is the CEO of Boston Marine Society?

Captain Charles G Giffor is the Principal Officer of Boston Marine Society.


Official website here: www.bostonmarinesociety.org

What is the revenue of Boston Marine Society?

Boston Marine Society's revenue in 2022 was $913,011.


Official website here: www.bostonmarinesociety.org

Who are the executives of Boston Marine Society and what are their salaries?

The average compensation at Boston Marine Society during 2022 was $49,947. There are 2 employees at Boston Marine Society.


Here are 18 key members and their salaries:


Captain Peter J Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Stefan J Palmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Bruce F Porter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Andrew Triandafilou (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Michael R Burns Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Robert A Kolofsky (Trustee Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Jay C Burgess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Jeffrey J Havlicek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain A Ross Pope (Trustee Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Carl A Pottey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain David L Hagner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain John N Healey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Richard R Cunio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Martin E Conroy Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain Charles G Gifford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Captain John F Mulderig (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha R Bagley Esq (Assistant Secretary/Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa V Walsh (Executive Director)
  • Compensation: $118,657
  • Related: $0
  • Other: $0


Official website here: www.bostonmarinesociety.org

Where can I find the form 990 for Boston Marine Society?

Boston Marine Society's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bostonmarinesociety.org

Learn more at the official website: www.bostonmarinesociety.org

Mission Statement of Boston Marine Society

Boston Marine Society, a nonprofit organization, is dedicated to promoting knowledge about the coast, alleviating poverty among its members and their families, and providing financial assistance for the education and training of maritime academy students. This mission is accomplished through various means, including granting scholarships and memorial funds to maritime academies and institutions associated with the preservation and education of the coast. The society aims to support individuals pursuing careers in the maritime industry, thereby contributing to the preservation of coastal knowledge and resources.

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Impact




October, 2024

The Boston Marine Society plays a significant role in enhancing coastal knowledge and supporting maritime education. By promoting awareness and understanding of coastal environments, the Society fosters a deeper appreciation for the rich maritime heritage of the region.

Additionally, it assists members and their families who face financial hardships, ensuring that those involved in the maritime community receive necessary support during challenging times. The Society’s commitment to education is evident in its scholarships and memorial funds, which provide financial assistance to students pursuing studies at maritime academies. This help not only alleviates the burden of educational costs but also invests in the future of maritime professions, promoting skilled leadership and stewardship of coastal resources. Through these initiatives, the Boston Marine Society contributes to the preservation and sustainability of the coast while strengthening the maritime community in Boston.




This information is meant to be a general summary of Boston Marine Society. 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.

Revenue
$913,011 (2022)
Expenses
$789,699 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $867,961
  • Gross Receipts: $9,185,115

Assets and Liabilities:

  • Total Assets: $22,733,633
  • Total Liabilities: $349,932
  • Net Assets: $22,383,701

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Organization Details

Founding Year

1754

Principal Officer

Captain Charles G Giffor

Main Address

100 1ST AVE 102, BOSTON, MA, 02129

NTEE Category

Code: P60 - Human services

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