Overview
What is United States Maritime Resource Center Inc?
United States Maritime Resource Center Inc, located at 344 Aquidneck Avenue, Middletown, Rhode Island, is a nonprofit organization dedicated to enhancing navigation safety and marine environmental stewardship. The center achieves this mission through conducting complex research projects on seaports, marine terminals, and navigable waterways using modeling and simulation. Furthermore, it offers a variety of maritime education and training programs, preparing competent mariners for their roles at sea. These activities contribute significantly to risk mitigation in marine operations, ensuring a strong and vibrant maritime sector. The center's team comprises 11 individuals, all working tirelessly to uphold these objectives.
Official website here: www.usmrc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall Score: 66%, earning a Two-Star out of Four Star rating.
The United States Maritime Resource Center Inc has received a rating of "Needs Improvement" with an overall score of 66%, which indicates that while there are some positive aspects, significant areas require attention. The organization has a strong program expense ratio of 73.54%, suggesting that a substantial portion of its resources is being directed towards its mission-driven programs. Additionally, it has successfully established policies for conflict of interest, whistleblowing, and document retention, which enhances its governance framework.
However, the organization faces notable challenges, particularly regarding its board structure and financial transparency. With only 33% of board members being independent and the absence of financial statements, there are concerns about the governance and oversight of its financial practices. These weaknesses have contributed to its lower scores in accountability and finance, keeping it within the two-star category. Overall, while the organization demonstrates a commitment to its programs, addressing governance issues will be crucial for improving its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is United States Maritime Resource Center Inc legitimate?
United States Maritime Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Maritime Resource Center 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: $350,878
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,606
For more financial information, click here
Official website here: www.usmrc.org
What is the mission statement of United States Maritime Resource Center Inc?
The United States Maritime Resource Center Inc's mission is centered around conducting research, education, and outreach. Their primary objective is to enhance navigation safety, mitigate risks in marine operations, and foster a robust and thriving maritime sector while promoting marine environmental stewardship. They achieve this through complex seaport, marine terminal, and navigable waterway research projects utilizing modeling and simulation, as well as various maritime education and training programs. These activities collectively contribute to navigation safety, risk reduction, and marine environmental preservation within the maritime sector.
Official website here: www.usmrc.org
Who is the CEO of United States Maritime Resource Center Inc?
Brian T Holden is the President of United States Maritime Resource Center Inc.
Official website here: www.usmrc.org
What is the revenue of United States Maritime Resource Center Inc?
United States Maritime Resource Center Inc's revenue in 2022 was $1,377,620.
Official website here: www.usmrc.org
Who are the executives of United States Maritime Resource Center Inc and what are their salaries?
The average compensation at United States Maritime Resource Center Inc during 2022 was $35,680. There are 11 employees at United States Maritime Resource Center Inc.
Here are 5 key members and their salaries:
- Compensation: $149,554
- Related: $0
- Other: $36,289
- Compensation: $112,912
- Related: $0
- Other: $5,960
- Compensation: $44,387
- Related: $0
- Other: $1,776
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.usmrc.org
Where can I find the form 990 for United States Maritime Resource Center Inc?
United States Maritime Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usmrc.org
Learn more at the official website: www.usmrc.org
Mission Statement of United States Maritime Resource Center Inc
The United States Maritime Resource Center Inc is dedicated to conducting research, education, and outreach with the primary goal of enhancing navigation safety, minimizing risks in marine operations, and promoting a robust and thriving maritime sector. Additionally, the organization is committed to fostering marine environmental stewardship. Through a series of complex seaport, marine terminal, and navigable waterway research projects utilizing modeling and simulation, as well as a wide array of maritime education and training programs, the Center prepares competent mariners to excel at sea. Collectively, these activities contribute to the advancement of navigation safety, risk mitigation, and marine environmental stewardship within the maritime sector.
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Impact
July, 2024
United States Maritime Resource Center Inc conducts research, education, and outreach to advance navigation safety and mitigate risks in marine operations. By conducting complex seaport, marine terminal, and navigable waterway research projects using modeling and simulation, the organization contributes to navigation safety, risk mitigation, and marine environmental stewardship in the maritime sector. Additionally, through their maritime education and training programs, they prepare competent mariners to serve at sea, further enhancing safety and competence within the industry. Overall, their activities have a positive impact on promoting a strong and vibrant maritime sector while emphasizing marine environmental stewardship.
This information is meant to be a general summary of United States Maritime Resource Center 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: $1,370,446
- Gross Receipts: $1,377,620
Assets and Liabilities:
- Total Assets: $650,908
- Total Liabilities: $300,496
- Net Assets: $350,412
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government contracts
Revenue
$865,547
Marine operations researc
Revenue
$34,570
Mariner training
Revenue
$470,329
Organization Details
Founding Year
1981
Phone
(401) 849-0222Principal Officer
Brian T Holden
Main Address
344 Aquidneck Avenue, Middletown, RI, 02842
Website
www.usmrc.orgNTEE Category
Code: Q43Z - International
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