Rhode Island Marine Trade Association

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

EIN: 050309513 ✦ Newport, RI ✦ Designated as a 501(c)(6)

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Overview

What is Rhode Island Marine Trade Association?

The Rhode Island Marine Trade Association (RIMTA) is a nonprofit organization situated in Newport, Rhode Island. Its primary mission is to foster growth in the state's marine industry by means of advocacy, education, promotion, and strategic positioning. By representing various sectors of the recreational boating industry within Rhode Island, RIMTA aims to establish the Ocean State as a global leader in the marine sector. Matt Leduc leads this organization, which works tirelessly to achieve its objectives and contribute positively to the marine industry in Rhode Island.


Official website here: www.rimta.org

Is Rhode Island Marine Trade Association legitimate?

Rhode Island Marine Trade Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rhode Island Marine Trade Association 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: $283,789

For more financial information, click here


Official website here: www.rimta.org

What is the mission statement of Rhode Island Marine Trade Association?

The Rhode Island Marine Trade Association's mission is to foster the growth of Rhode Island's marine trades sector. This is achieved through various strategies, including advocacy, education, promotion, and positioning the state as a global leader in the marine industry. The association represents the recreational boating industry within Rhode Island and is committed to advancing its growth and development. Its activities aim to enhance the marine trades industry, ultimately contributing to the state's economic growth and development.


Official website here: www.rimta.org

Who is the CEO of Rhode Island Marine Trade Association?

Matt Leduc is the President of Rhode Island Marine Trade Association.


Official website here: www.rimta.org

What is the revenue of Rhode Island Marine Trade Association?

Rhode Island Marine Trade Association's revenue in 2022 was $762,276.


Official website here: www.rimta.org

Who are the executives of Rhode Island Marine Trade Association and what are their salaries?

The average compensation at Rhode Island Marine Trade Association during 2022 was $70,947. There are 4 employees at Rhode Island Marine Trade Association.


Here are 17 key members and their salaries:


Holly Ashton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cromwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Frechette (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Goetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Harden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Hoxsie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Jewell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ned Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Leblanc (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Leduc (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mariani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Peck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Piffard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Reagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tregenza (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Tyska (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rimta.org

Where can I find the form 990 for Rhode Island Marine Trade Association?

Rhode Island Marine Trade Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rimta.org

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

Mission Statement of Rhode Island Marine Trade Association

The Rhode Island Marine Trade Association, abbreviated as RIMTA, is committed to fostering the growth of Rhode Island's marine trades. This nonprofit organization achieves this goal through various strategies, including advocacy, education, promotion, and positioning. By representing the recreational boating industry within its home state, RIMTA strives to elevate Rhode Island as a global leader in the marine industry. The association is dedicated to supporting all aspects of this industry, working tirelessly to ensure its continued growth and success. Matt Leduc leads this mission, based in Newport, RI.

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Impact




October, 2024

The Rhode Island Marine Trade Association (RIMTA) significantly impacts the marine trades sector by advocating for the interests of the recreational boating industry within the state. By focusing on education, promotion, and strategic positioning, RIMTA enhances the visibility and competitiveness of Rhode Island's marine industry on a global scale. This not only fosters economic growth in the region but also creates a network of interrelated businesses contributing to community improvement and sustainability. Through various initiatives and partnerships, RIMTA plays a crucial role in ensuring that Rhode Island is recognized as a leader in the marine trades, attracting investment and tourism while supporting job creation in the sector.




This information is meant to be a general summary of Rhode Island Marine Trade Association. 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
$762,276 (2022)
Expenses
$758,767 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $170
  • Program Service Revenue: $52,596
  • Gross Receipts: $762,276

Assets and Liabilities:

  • Total Assets: $280,490
  • Total Liabilities: $82,927
  • Net Assets: $197,563

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP SERVICES

Revenue

$52,596

SPONSORSHIP

Organization Details

Founding Year

2001

Principal Officer

Matt Leduc

Main Address

513 BROADWAY SUITE 320, NEWPORT, RI, 02840

NTEE Category

Code: S41 - Community improvement

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