Overview
What is Maryland Watermen's Association Inc?
Maryland Watermen's Association Inc, based in Annapolis, Maryland, serves as a not-for-profit trade association. Its primary mission is to advocate for and support the livelihoods of individuals working on Maryland's waters. This association is deeply connected to the Chesapeake Bay, aiming to benefit all who find beauty and utility in this natural resource. The organization hosts an annual trade show, attracting commercial fishermen, government agencies, educators, scientists, and other stakeholders. The event features displays, events, competitions, and educational seminars on industry-related issues. With a team of four dedicated individuals, Maryland Watermen's Association Inc plays a significant role in fostering a strong, sustainable marine community in Maryland.
Is Maryland Watermen's Association Inc legitimate?
Maryland Watermen's Association Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Maryland Watermen's Association 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,000
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What is the mission statement of Maryland Watermen's Association Inc?
The Maryland Watermen's Association Inc is a not-for-profit trade organization, dedicated to advocating for individuals who earn their living from Maryland's waters, specifically the Chesapeake Bay. Its mission is to safeguard the interests of these workers and all who derive beauty and benefit from the bay. The association works to promote various activities and events, such as the annual East Coast Commercial Fishermen Trade Show and Aquaculture Exposition, which attracts a wide range of participants including commercial fishermen, government agencies, educators, and scientists. The goal is to foster a supportive community and facilitate discussions on industry issues, education, and conservation efforts for the betterment of the marine environment and its inhabitants.
What is the revenue of Maryland Watermen's Association Inc?
Maryland Watermen's Association Inc's revenue in 2024 was $246,203.
Who are the executives of Maryland Watermen's Association Inc and what are their salaries?
The average compensation at Maryland Watermen's Association Inc during 2024 was $16,500. There are 4 employees and 6 volunteers at Maryland Watermen's Association Inc.
Here are 4 key members and their salaries:
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Maryland Watermen's Association Inc?
Maryland Watermen's Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Maryland Watermen's Association Inc
The Maryland Watermen's Association Inc, functioning as a not-for-profit trade association, is devoted to advocating for the people who make their livelihood from the waters of Maryland. This organization is deeply committed to the interests of all who derive beauty and benefit from the state's Chesapeake Bay. Its mission is to support and protect the well-being of these individuals, ensuring that they can continue to thrive in their coastal communities. The association serves as a platform for various stakeholders, including commercial fishermen, charter boat captains, government agencies, educators, scientists, and environmental organizations, fostering a collaborative environment that promotes the sustainability of the fishing industry and the preservation of the Chesapeake Bay.
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Impact
October, 2024
The Maryland Watermen's Association Inc significantly influences the livelihood of those working in Maryland's waters by advocating for the interests of commercial fishermen, charter boat captains, and others connected to the Chesapeake Bay. Their efforts ensure that the economic benefits and beauty of the Bay are preserved and respected.
One of the key initiatives is the annual East Coast Commercial Fishermen Trade Show and Aquaculture Exposition, a vital platform for knowledge exchange. This event fosters connections among industry professionals, recreational fishermen, educators, and government agencies. Through displays, events, competitions, and educational seminars, participants engage with critical industry issues.
The association plays a crucial role in raising awareness about the challenges faced by watermen while promoting sustainable practices to ensure the long-term health of the Bay. By bringing together various stakeholders, the Maryland Watermen's Association Inc contributes significantly to the vitality of Maryland's maritime economy and the stewardship of its natural resources.
This information is meant to be a general summary of Maryland Watermen's Association 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 2024.
- Investment Income: $13
- Program Service Revenue: $166,706
- Gross Receipts: $246,203
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRADE SHOW
Revenue
$140,611
GAZETTE
Revenue
$26,095
Organization Details
Founding Year
1973
Principal Officer
Robert Brown
NTEE Category
Code: N67 - Recreation
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