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Society Of Maritime Arbitratorsinc

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

EIN: 136163523 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Society Of Maritime Arbitratorsinc?

The Society of Maritime Arbitratorsinc is a nonprofit organization devoted to enlightening both the public and professionals in the maritime sector about alternative dispute resolution (ADR) procedures in this industry. Its primary mission is to promote awareness of substantial Maritime law and incentivize the utilization of ADR for settling commercial disputes that emerge within the maritime industry. By doing so, the Society aims to contribute to a more amicable and efficient resolution of conflicts in this specialized field.


Official website here: www.smany.org

Is Society Of Maritime Arbitratorsinc legitimate?

Society Of Maritime Arbitratorsinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society Of Maritime Arbitratorsinc submitted a form 990EZ, 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.


Official website here: www.smany.org

What is the mission statement of Society Of Maritime Arbitratorsinc?

The Society of Maritime Arbitratorsinc is committed to enlightening both the public and professionals within the maritime industry about the processes of Alternative Dispute Resolution (ADR) in their field. Furthermore, they strive to promote understanding of the intricacies of Maritime law. Their mission also includes advocating for the utilization of ADR as a means to resolve commercial disputes that arise in the maritime sector.


Official website here: www.smany.org

Who is the CEO of Society Of Maritime Arbitratorsinc?

Leroy Lambert is the President of Society Of Maritime Arbitratorsinc.


Official website here: www.smany.org

What is the revenue of Society Of Maritime Arbitratorsinc?

Society Of Maritime Arbitratorsinc's revenue in 2023 was $118,031.


Official website here: www.smany.org

Who are the executives of Society Of Maritime Arbitratorsinc and what are their salaries?


Here are 4 key members and their salaries:


George J Tsimis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James J Warfield (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert C Meehan (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leroy Lambert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.smany.org

Where can I find the form 990EZ for Society Of Maritime Arbitratorsinc?

Society Of Maritime Arbitratorsinc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.smany.org

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

Mission Statement of Society Of Maritime Arbitratorsinc

The Society of Maritime Arbitrators, Inc., is an organization dedicated to enlightening both the public and professionals in the maritime industry about the intricacies of alternative dispute resolution (ADR) processes specifically within this sector. Their primary objective is to promote understanding of the substantive maritime law that underpins these procedures. Furthermore, the Society encourages the adoption of ADR methods as a means of resolving the commercial disputes that frequently arise in the maritime industry. By doing so, they aim to foster a more efficient and harmonious resolution of conflicts within this field.

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Impact




October, 2024

The Society of Maritime Arbitrators, Inc. plays a crucial role in the maritime industry by promoting awareness and understanding of alternative dispute resolution (ADR) processes. Through education and outreach, it helps stakeholders navigate the complexities of maritime law, facilitating smoother conflict resolution and fostering a more efficient commercial environment. By encouraging the adoption of ADR, the organization contributes to minimizing litigation costs and expediting dispute resolution, which is essential in the fast-paced maritime sector. This not only supports individual businesses but also enhances overall industry stability, making maritime operations more effective and reliable.




This information is meant to be a general summary of Society Of Maritime Arbitratorsinc. 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
$118,031 (2023)
Expenses
$153,987 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12
  • Program Service Revenue: $95,169
  • Gross Receipts: $118,031

Assets and Liabilities:

  • Total Assets: $44,673
  • Total Liabilities: $1,876
  • Net Assets: $42,797

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Organization Details

Principal Officer

Leroy Lambert

Main Address

127 WEST 30TH STREET 9TH FLOOR, NEW YORK, NY, 10001

NTEE Category

Code: I51 - Crime

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