Overview
What is National Marine Lenders Association?
The National Marine Lenders Association, situated in Wilmette, Illinois, is a nonprofit organization that plays a significant role in the boating industry. Its primary mission is to promote lending for the purchase of boats and related equipment. To achieve this, the association offers valuable information to aid in boating loan programs, serving as a bridge between bankers and consumers in this sector. As of the provided data, the association has benefited 119 members.
Official website here: www.marinelenders.org
Is National Marine Lenders Association legitimate?
National Marine Lenders Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Marine Lenders 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.
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Official website here: www.marinelenders.org
What is the mission statement of National Marine Lenders Association?
The National Marine Lenders Association's mission is centered around promoting lending activities and providing pertinent information to individuals within the boating industry. Their primary objective is to facilitate boat purchases and related equipment acquisitions for consumers by offering loan programs. The association serves as a bridge between bankers and consumers in the boating sector, providing a platform for obtaining necessary information. As of their records, over 119 members have benefited from their services.
Official website here: www.marinelenders.org
What is the revenue of National Marine Lenders Association?
National Marine Lenders Association's revenue in 2024 was $371,193.
Official website here: www.marinelenders.org
Who are the executives of National Marine Lenders Association and what are their salaries?
There 11 volunteers at National Marine Lenders Association.
Here are 12 key members and their salaries:
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Official website here: www.marinelenders.org
Where can I find the form 990 for National Marine Lenders Association?
National Marine Lenders Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.marinelenders.org
Learn more at the official website: www.marinelenders.org
Mission Statement of National Marine Lenders Association
The National Marine Lenders Association, as a nonprofit organization, is dedicated to fostering lending practices and disseminating pertinent information within the boating industry. By promoting lending, the association aids consumers in securing loans for the acquisition of boats and related equipment. In addition to this, the National Marine Lenders Association serves as a valuable intermediary between bankers and consumers in the boating sector, offering a platform for obtaining information that can be instrumental in the development of boating loan programs. With a membership of 119 individuals, the organization plays a significant role in facilitating communication and knowledge exchange within the boating industry.
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Impact
October, 2024
The National Marine Lenders Association significantly impacts the boating industry by promoting lending for boat purchases and related equipment. By facilitating access to financial resources, they empower consumers to make informed decisions regarding boating loans. The Association serves as a vital liaison between bankers and consumers, ensuring that individuals in the boating sector have the necessary information and support to navigate loan programs effectively. With 119 members benefiting from its initiatives, the organization enhances community engagement and contributes to the overall growth of the boating industry.
This information is meant to be a general summary of National Marine Lenders 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $9,420
- Program Service Revenue: $361,773
- Gross Receipts: $371,193
Assets and Liabilities:
- Total Assets: $362,836
- Total Liabilities: $0
- Net Assets: $362,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE INCOME
Revenue
$248,423
MEMBERSHIP DUES
Revenue
$75,415
WORKSHOP INCOME
Revenue
$33,067
ANNUAL REPORT
Revenue
$4,868
Organization Details
Founding Year
1979
Principal Officer
John Haymond
Website
www.marinelenders.orgNTEE Category
Code: S41 - Community improvement
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