Overview
What is Cutwater Maritime Educational Services Inc?
Cutwater Maritime Educational Services Inc is a nonprofit organization that specializes in maritime training, catering to professionals in the field. Their mission is to equip merchant marine officers and other maritime experts with technical and engineering credentials that meet industry standards. This is achieved through a collaborative program with Calhoon Meba Engineering School. Cutwater Maritime Educational Services provides training opportunities for those who are unable to attend the Calhoon Meba Engineering School, ensuring they maintain or obtain recognized credentials essential for commercial organizations, state ports authorities, and maritime classification societies.
Official website here: www.mebaplans.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Cutwater Maritime Educational Services Inc has received an 81% rating from Charity Navigator, which translates to a Three-Star rating. This score is derived entirely from its Accountability & Finance metrics, indicating a strong performance in these areas. The high score suggests that the organization maintains good financial practices and transparency, which is essential for donor trust and effective operation.
The organization boasts a fully independent board, achieving a perfect score in that category. Additionally, it has demonstrated meticulous financial oversight through its Audit and Oversight Committee. With a program expense ratio of 95.73%, it indicates a commitment to using the majority of its resources for its educational mission, reflecting positively on its operational efficiency and focus on mission-driven activities.
While the rating highlights many strengths, it is crucial for potential donors to remain aware that this score solely reflects financial accountability and does not provide insights into the effectiveness of specific programs or overall impact. Potential supporters may want to consider additional factors, such as program outcomes or community feedback, when evaluating the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Cutwater Maritime Educational Services Inc legitimate?
Cutwater Maritime Educational Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cutwater Maritime Educational Services Inc 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: $154,281
For more financial information, click here
Official website here: www.mebaplans.org
What is the mission statement of Cutwater Maritime Educational Services Inc?
Cutwater Maritime Educational Services Inc is committed to providing maritime training for professional individuals, specifically merchant marine officers and other maritime experts. Their mission is to offer training programs that lead to or maintain technical and engineering credentials, which are recognized by commercial organizations, state ports authorities, and maritime classification societies. The institution aims to equip these professionals with the skills necessary to meet industry standards, ensuring they remain competent in their roles. In collaboration with Calhoon Meba Engineering School, Cutwater Maritime Educational Services offers a comprehensive program, catering to maritime professionals who are ineligible to attend the Calhoon Meba Engineering School.
Official website here: www.mebaplans.org
Who is the CEO of Cutwater Maritime Educational Services Inc?
Adam Vokac is the Principal Officer of Cutwater Maritime Educational Services Inc.
Official website here: www.mebaplans.org
What is the revenue of Cutwater Maritime Educational Services Inc?
Cutwater Maritime Educational Services Inc's revenue in 2022 was $744,445.
Official website here: www.mebaplans.org
Who are the executives of Cutwater Maritime Educational Services Inc and what are their salaries?
There 4 volunteers at Cutwater Maritime Educational Services Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $196,169
- Other: $58,406
Official website here: www.mebaplans.org
Where can I find the form 990 for Cutwater Maritime Educational Services Inc?
Cutwater Maritime Educational Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mebaplans.org
Learn more at the official website: www.mebaplans.org
Mission Statement of Cutwater Maritime Educational Services Inc
Cutwater Maritime Educational Services Inc is dedicated to providing maritime training to professionals, with a specific focus on merchant marine officers and other experts in the field. The organization's mission is to offer a program that leads to or maintains technical and engineering credentials that are recognized by commercial organizations, state ports authorities, and maritime classification societies. By doing so, Cutwater Maritime Educational Services aims to equip these professionals with the skills and qualifications necessary to meet industry standards, ensuring they remain competitive and up-to-date in their respective fields.
In collaboration with Calhoon Meba Engineering School, Cutwater Maritime Educational Services provides a comprehensive training program. This partnership allows the institution to offer high-quality education and practical experience, ensuring that its graduates have the knowledge and skills required to excel in the maritime industry. By providing this training, Cutwater Maritime Educational Services is playing a crucial role in ensuring the continued safety and efficiency of commercial maritime operations.
In essence, Cutwater Maritime Educational Services Inc is a vital resource for maritime professionals seeking to advance their careers or maintain their existing qualifications. By offering a program that meets industry standards and is recognized by commercial organizations, state ports authorities, and maritime classification societies, the organization is helping to ensure that the maritime industry remains safe, efficient, and competitive.
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Impact
October, 2024
Cutwater Maritime Educational Services Inc has a significant impact on the maritime industry by equipping professionals with essential training and credentials. By providing targeted maritime education, it enhances the skills of merchant marine officers and other maritime professionals, ensuring they meet the technical and engineering standards set by commercial organizations, state port authorities, and maritime classification societies.
Through its collaboration with the Calhoon Meba Engineering School, Cutwater offers specialized programs that cater to those maritime professionals who are otherwise ineligible for this prestigious institution. This accessibility fosters a more skilled workforce, ultimately contributing to the safety, efficiency, and competitiveness of the maritime sector. The organization plays a crucial role in sustaining high standards in maritime education and workforce development, helping to prepare individuals for the challenges of modern maritime operations.
This information is meant to be a general summary of Cutwater Maritime Educational Services Inc. 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.
- Program Service Revenue: $475,252
- Gross Receipts: $744,445
Assets and Liabilities:
- Total Assets: $207,901
- Total Liabilities: $5,272,489
- Net Assets: -$5,064,588
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$475,252
Organization Details
Founding Year
2010
Phone
(410) 547-9111Principal Officer
Adam Vokac
Main Address
1007 EASTERN AVENUE, BALTIMORE, MD, 212024345
Website
www.mebaplans.orgNTEE Category
Code: B90 - Education
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