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Marine Retailers Association Of America Educational Foundation

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

EIN: 201473560 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Marine Retailers Association Of America Educational Foundation?

The Marine Retailers Association of America Educational Foundation is a nonprofit organization committed to fostering growth in the recreational marine industry. Their primary objective is to offer financial aid for education, training, and professional development within this sector. The foundation supports students studying in the technical aspect of the recreational marine industry, granting scholarships and allocating funds for future marine education. Notably, recipients of the Kevin Lodder Scholarship participate in the Spader Business Management program. In essence, the Marine Retailers Association of America Educational Foundation plays a vital role in nurturing the next generation of professionals in the recreational marine industry.

Is Marine Retailers Association Of America Educational Foundation legitimate?

Marine Retailers Association Of America Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Retailers Association Of America Educational Foundation 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.

What is the mission statement of Marine Retailers Association Of America Educational Foundation?

The Marine Retailers Association of America Educational Foundation is committed to promoting the growth of the recreational marine industry by providing financial assistance for education, training, and professional development. This is achieved through offering scholarships to students in the technical field of the recreational marine industry and funding for future marine industry education. The foundation's most recognized scholarship, the Kevin Lodder Scholarship, supports students attending the Spader Business Management program. In essence, the foundation aims to foster the development of skilled professionals and contribute to the advancement of the recreational marine industry.

Who is the CEO of Marine Retailers Association Of America Educational Foundation?

Jeff Siems is the President of Marine Retailers Association Of America Educational Foundation.

What is the revenue of Marine Retailers Association Of America Educational Foundation?

Marine Retailers Association Of America Educational Foundation's revenue in 2022 was $84,862.

Who are the executives of Marine Retailers Association Of America Educational Foundation and what are their salaries?


Here are 4 key members and their salaries:


Jeff Siems (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Lodder (Baord Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Greenwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Marine Retailers Association Of America Educational Foundation?

Marine Retailers Association Of America Educational Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Marine Retailers Association Of America Educational Foundation

The Marine Retailers Association of America Educational Foundation is committed to supporting the growth of the recreational marine industry. Their primary mission is to provide financial assistance for education, training, and professional development in this field. The foundation is dedicated to this cause, believing that investing in the next generation of professionals will contribute to the industry's long-term success. To achieve this goal, they offer technical scholarships to students pursuing education in the technical aspect of the recreational marine industry. Furthermore, they provide funds for future marine industry education. One notable scholarship is the Kevin Lodder Scholarship, which enables its recipients to attend the Spader Business Management program. By investing in education and training, the Marine Retailers Association of America Educational Foundation aims to foster a skilled workforce and contribute to the overall strength and vitality of the recreational marine industry.

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Impact




October, 2024

The Marine Retailers Association of America Educational Foundation significantly impacts the recreational marine industry by fostering education, training, and professional development. By offering financial support in the form of technical scholarships, the foundation enables students to pursue training in vital areas of the marine trades. This support not only helps individuals gain essential skills but also contributes to the overall growth and sustainability of the industry.

The Kevin Lodder Scholarship highlights the foundation's commitment to excellence, as recipients are granted the opportunity to attend the Spader Business Management program, equipping them with the knowledge and leadership skills necessary to thrive in the marine sector. Through these initiatives, the foundation enhances the workforce's competency, ensuring that the recreational marine trades continue to evolve and meet industry demands. Ultimately, its efforts lead to a stronger, more skilled workforce poised to drive innovation and growth within the recreational marine industry.




This information is meant to be a general summary of Marine Retailers Association Of America Educational Foundation. 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
$84,862 (2022)
Expenses
$124,969 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $151,354

Assets and Liabilities:

  • Total Assets: $111,894
  • Total Liabilities: $75
  • Net Assets: $111,819

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Organization Details

Principal Officer

Jeff Siems

Main Address

8401 73RD AVE N 71, MINNEAPOLIS, MN, 55428

NTEE Category

Code: B82 - Education

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