Overview
What is American Maritime Officers Master Operating Trust Fund?
The American Maritime Officers Master Operating Trust Fund serves as a central hub for designated employer contributions and an administrative body for specific entities, including six Employee Retirement Income Security Act (ERISA) plans and two non-profit organizations. Its primary mission is to facilitate and implement the terms of the collective bargaining agreement between U.S. flag merchant fleet carriers and the American Maritime Officers Union. The trust fund, with a total of 195 employees, operates from Dania Beach, Florida, and acts as a central clearinghouse for collecting and reporting revenues and expenses for these entities on their respective annual tax forms (Form 990).
Official website here: www.amoplans.com
Is American Maritime Officers Master Operating Trust Fund legitimate?
American Maritime Officers Master Operating Trust Fund is a legitimate nonprofit organization registered as a 501(c)(5) entity. American Maritime Officers Master Operating Trust Fund 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: $49,268
For more financial information, click here
Official website here: www.amoplans.com
What is the mission statement of American Maritime Officers Master Operating Trust Fund?
The American Maritime Officers Master Operating Trust Fund was established with the purpose of facilitating and implementing the terms of the collective bargaining agreement between U.S. Flag Merchant Fleet carriers and the American Maritime Officers Union. The trust acts as a central clearinghouse for designated employer contributions and serves as a central administrative body for certain AMO entities, including six ERISA plans and two non-profits. Revenues collected for these entities are reported separately on their respective tax forms, as are their expenses.
Official website here: www.amoplans.com
Who is the CEO of American Maritime Officers Master Operating Trust Fund?
John Macuski is the Director Of Finance of American Maritime Officers Master Operating Trust Fund.
Official website here: www.amoplans.com
What is the revenue of American Maritime Officers Master Operating Trust Fund?
American Maritime Officers Master Operating Trust Fund's revenue in 2022 was $195,761.
Official website here: www.amoplans.com
Who are the executives of American Maritime Officers Master Operating Trust Fund and what are their salaries?
The average compensation at American Maritime Officers Master Operating Trust Fund during 2022 was $253. There are 195 employees at American Maritime Officers Master Operating Trust Fund.
Here are 7 key members and their salaries:
- Compensation: $9,758
- Related: $0
- Other: $3,497
- Compensation: $1,708
- Related: $0
- Other: $1,316
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.amoplans.com
Where can I find the form 990 for American Maritime Officers Master Operating Trust Fund?
American Maritime Officers Master Operating Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amoplans.com
Learn more at the official website: www.amoplans.com
Mission Statement of American Maritime Officers Master Operating Trust Fund
The American Maritime Officers Master Operating Trust Fund serves a unique role, acting as a central clearinghouse for designated contributions from U.S. Flag Merchant Fleet carriers. This nonprofit organization was established to facilitate and implement the terms of the collective bargaining agreement between these carriers and the American Maritime Officers Union. As a central administrative body for certain AMO entities, which include six ERISA plans and two non-profits, the Trust Fund collects revenues and reports them on their respective Form 990s. The Trust Fund's expenses are also reported in these forms, ensuring transparency and accountability in its operations. In essence, the American Maritime Officers Master Operating Trust Fund plays a pivotal role in managing and distributing funds according to the collective bargaining agreement between the employers and the union, thereby supporting the interests of the American Maritime Officers.
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Impact
October, 2024
The American Maritime Officers Master Operating Trust Fund plays a crucial role in supporting the collective bargaining agreement between U.S. flag merchant fleet carriers and the American Maritime Officers Union. It functions as a central clearinghouse for employer contributions, ensuring that funds flow efficiently to support various employee benefits and administrative functions. By effectively managing designated employer contributions, the Trust Fund facilitates the execution of essential agreements that impact maritime workers' employment conditions and benefits.
The Trust Fund also serves as a central administrative body for several entities, including six ERISA plans and two additional organizations. This centralized approach allows for streamlined operations and accountability, with clear reporting of revenues and expenses, which enhances transparency and fiscal responsibility. Overall, its impact extends to improving job security and financial well-being for maritime officers while fostering a stable maritime workforce.
This information is meant to be a general summary of American Maritime Officers Master Operating Trust Fund. 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: $602
- Program Service Revenue: $195,153
- Gross Receipts: $196,006
Assets and Liabilities:
- Total Assets: $3,596,844
- Total Liabilities: $3,596,844
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTIONS
Revenue
$168,081
EQUIPMENT USAGE
Revenue
$27,072
Organization Details
Founding Year
2004
Phone
(954) 920-4247Principal Officer
John Macuski
Main Address
2 WEST DIXIE HIGHWAY, DANIA BEACH, FL, 330044312
Website
www.amoplans.comNTEE Category
Code: J40 - Employment
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