Overview
What is Marine Insurance Seminars Inc?
Marine Insurance Seminars Inc, a nonprofit organization, has been a significant player in the marine and energy insurance and legal industries for over five decades. Based in Weatherford, Texas, it is primarily known for organizing the annual Houston Marine & Energy Insurance Conference (HMEIC). This event, held in the global energy hub and a vital shipping port, attracts top professionals from around the globe. The conference offers valuable networking opportunities, educational sessions, and keynote speeches, catering to a diverse array of marine and energy industry professionals. Beyond organizing the conference, Marine Insurance Seminars Inc's mission is to promote education in the marine and energy insurance and law fields. They achieve this by offering continuing education for professionals and supporting colleges and universities that are developing the future marine and energy professionals. In essence, they serve as a bridge between the industry and academia, fostering growth and knowledge in their respective sectors.
Official website here: www.houstonmeic.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 76%, Three-Star out of Four Star rating.
Marine Insurance Seminars Inc has received a Three-Star rating, indicating a moderate level of performance in terms of accountability and finance. The organization scored particularly well in areas such as having a fully independent board and no material diversion of assets, which are crucial indicators of good governance. The high program expense ratio of 93.91% suggests that the majority of funds are directed towards its mission-related activities.
However, there are notable limitations in the organization's policies, as they lack a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These shortcomings in governance policies may raise concerns regarding the overall transparency and ethical standards of the organization. Despite this, the charity's commitment to accountability is reflected in its strong fiscal management and robust independent board structure.
This AI summary has been generated from information found on Charity Navigator.
Is Marine Insurance Seminars Inc legitimate?
Marine Insurance Seminars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Insurance Seminars 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:
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For more financial information, click here
Official website here: www.houstonmeic.com
What is the mission statement of Marine Insurance Seminars Inc?
Marine Insurance Seminars Inc is an organization dedicated to providing education and promoting learning in the specialized fields of marine and energy insurance and law. They achieve this by offering ongoing education for professionals and supporting educational institutions that are training the future marine and energy insurance professionals. The organization is also known for sponsoring the Houston Marine & Energy Insurance Conference, which focuses on marine and energy insurance and admiralty law. Furthermore, Marine Insurance Seminars contributes to colleges and universities that are educating and developing the professionals of the marine and energy insurance and law sectors, ensuring a knowledgeable workforce for the future.
Official website here: www.houstonmeic.com
Who is the CEO of Marine Insurance Seminars Inc?
Steven Weiss is the Chairperson of Marine Insurance Seminars Inc.
Official website here: www.houstonmeic.com
What is the revenue of Marine Insurance Seminars Inc?
Marine Insurance Seminars Inc's revenue in 2022 was $377,800.
Official website here: www.houstonmeic.com
Who are the executives of Marine Insurance Seminars Inc and what are their salaries?
There 25 volunteers at Marine Insurance Seminars Inc.
Here are 10 key members and their salaries:
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Official website here: www.houstonmeic.com
Where can I find the form 990 for Marine Insurance Seminars Inc?
Marine Insurance Seminars Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houstonmeic.com
Learn more at the official website: www.houstonmeic.com
Mission Statement of Marine Insurance Seminars Inc
Marine Insurance Seminars Inc, a dedicated organization, is focused on imparting knowledge in the realms of marine and energy insurance and law. Through various educational initiatives, they endeavor to equip professionals with the necessary skills and understanding in these fields.
Their primary mission is twofold: first, to organize the Houston Marine & Energy Insurance Conference (HMEIC), a platform that fosters educational opportunities in marine and energy insurance and admiralty law. Second, they support colleges and universities that are instrumental in nurturing the marine and energy insurance and law professionals of the future. In essence, Marine Insurance Seminars Inc acts as a catalyst, bridging the gap between academic institutions and the professional world.
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Impact
June, 2024
Marine Insurance Seminars Inc's impact lies in providing essential education in the fields of marine and energy insurance and law. Through their flagship event, the Houston Marine & Energy Insurance Conference (HMEIC), they have brought together top talent from the global marine and energy insurance and admiralty law industries for over 50 years. This conference serves as a crucial networking platform, offers continuing education opportunities, and features keynote speeches that attract a diverse range of industry professionals. By supporting colleges and universities in educating and developing future professionals in these fields, Marine Insurance Seminars Inc plays a vital role in shaping the future of marine and energy insurance and law.
This information is meant to be a general summary of Marine Insurance Seminars 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.
- Investment Income: $28
- Program Service Revenue: $377,772
- Gross Receipts: $377,800
Assets and Liabilities:
- Total Assets: $217,310
- Total Liabilities: $10,956
- Net Assets: $206,354
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Seminar Fees
Revenue
$377,772
Organization Details
Founding Year
1990
Phone
(832) 530-7981Principal Officer
Steven Weiss
Main Address
c/o S Weiss 1308 Crown Valley Dr, Weatherford, TX, 76087
Website
www.houstonmeic.comNTEE Category
Code: C99 - Environment
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