Overview
What is Virginia Maritime Association?
The Virginia Maritime Association, located at 236 East Plume Street, Norfolk, VA, serves as a nonprofit organization with a mission to support and promote commercial shipping activities in Virginia's ports. Established with over 500 members, this association works diligently to protect and encourage the interests of the maritime industry. With a team of nine dedicated individuals, the Virginia Maritime Association offers various services to its members, aiming to ensure the continued growth and success of commercial shipping in the region.
Official website here: www.portofhamptonroads.com
Is Virginia Maritime Association legitimate?
Virginia Maritime Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Maritime 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $740,982
Professional Fundraising Fees: $0
Other Salaries and Wages: $402,538
For more financial information, click here
Official website here: www.portofhamptonroads.com
What is the mission statement of Virginia Maritime Association?
The Virginia Maritime Association's mission is centered around advocating for and safeguarding the interests of commercial shipping operations within various ports. Their primary objective is to foster and encourage growth in this sector. To accomplish this, they offer informational and supportive services to their over 500 members. The association serves as a platform that promotes the development and protection of commercial shipping, thereby contributing to the overall maritime industry.
Official website here: www.portofhamptonroads.com
What is the revenue of Virginia Maritime Association?
Virginia Maritime Association's revenue in 2023 was $2,490,508.
Official website here: www.portofhamptonroads.com
Who are the executives of Virginia Maritime Association and what are their salaries?
The average compensation at Virginia Maritime Association during 2023 was $103,956. There are 11 employees and 39 volunteers at Virginia Maritime Association.
Here are 48 key members and their salaries:
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- Related: $530,916
- Other: $115,522
- Compensation: $342,754
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- Other: $108,243
- Compensation: $212,964
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- Other: $7,936
- Compensation: $185,264
- Related: $0
- Other: $3,598
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- Related: $169,547
- Other: $7,000
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- Related: $129,567
- Other: $5,600
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- Related: $102,025
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Official website here: www.portofhamptonroads.com
Where can I find the form 990 for Virginia Maritime Association?
Virginia Maritime Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.portofhamptonroads.com
Learn more at the official website: www.portofhamptonroads.com
Mission Statement of Virginia Maritime Association
The Virginia Maritime Association, as a nonprofit organization, is committed to advocating for and safeguarding the interests of commercial shipping in the ports of Virginia. Its primary mission is to promote, shield, and foster these interests, aiming to contribute positively to the maritime sector within the specified ports. To achieve this goal, the association provides essential information and support services to its over 500 members, thereby playing a vital role in the maritime industry's growth and development.
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Impact
October, 2024
The Virginia Maritime Association plays a crucial role in fostering the interests of commercial shipping in the ports of Virginia. By providing valuable information and support services to over 500 members, the organization helps stimulate economic growth and enhance the competitive standing of Virginia's ports. Its efforts promote collaboration among stakeholders, ensuring that the maritime industry remains vibrant and responsive to market needs.
Through advocacy and education, the Virginia Maritime Association encourages investment in infrastructure and navigational improvements, which are vital for maintaining efficient shipping operations. The association also serves as a platform for networking and knowledge exchange, enabling members to stay informed about industry trends, regulations, and best practices. By aligning the interests of various stakeholders, the organization strengthens the overall maritime community, contributing to a robust economy in the region.
This information is meant to be a general summary of Virginia Maritime 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 2023.
- Investment Income: $6
- Program Service Revenue: $759,525
- Gross Receipts: $2,490,508
Assets and Liabilities:
- Total Assets: $2,447,151
- Total Liabilities: $2,293,752
- Net Assets: $153,399
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$599,600
BALLAST REPORTS
Revenue
$83,625
CERTIFICATES OF ORGIN
Revenue
$31,500
EVENTS
Revenue
$9,637
ALL OTHER
Revenue
$35,163
Organization Details
Founding Year
1920
Principal Officer
David White
Website
www.portofhamptonroads.comNTEE Category
Code: S41 - Community improvement
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