Overview
What is Washington Maritime Blue?
Washington Maritime Blue is a nonprofit organization based in Seattle, Washington, with a mission to foster collaboration within the maritime sector and the public. Their primary goal is to develop and support sustainable maritime businesses, technology, and practices that contribute to ecological health, thriving communities, and economic growth, collectively known as the Blue Economy. Through a cluster organization, they work closely with businesses, government entities, academic and research institutions, ports, labor groups, economic and workforce development, and community-based organizations. Their strategy is to accelerate the Blue Economy as a leader in maritime clean tech innovation and best management practices, aiming to support a growing maritime economy in all sectors with increased living-wage jobs, a healthy environment, and resilient communities. The organization, with a team of 12 dedicated individuals, strives to promote a sustainable future for the Washington maritime industry, operating under Section 501(c)(6) of the Internal Revenue Code of 1986.
Official website here: www.maritimeblue.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Washington Maritime Blue has achieved a Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in its operations. The organization excels in its financial health, with a notable program expense ratio of 79.64% and a strong score of 88 in accountability and finance. The independent board, consisting entirely of 17 members, enhances the organization’s credibility and governance.
In terms of community engagement, Washington Maritime Blue received a perfect score of 100 in culture and community. The organization demonstrates an effective feedback system, with full marks in both collecting and utilizing community feedback. Additionally, it has implemented strong equity strategies, evidenced by its comprehensive data collection and policy development.
While the organization displays many strengths, it also shows a working capital ratio of 0.28 years, which may indicate potential liquidity concerns. Nonetheless, the absence of loans to or from officers and a solid audit and oversight committee further reinforce the organization's strong financial practices. Overall, Washington Maritime Blue stands out for its commitment to accountability, community involvement, and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Maritime Blue legitimate?
Washington Maritime Blue is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Maritime Blue 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: $0
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Other Salaries and Wages: $1,070,827
For more financial information, click here
Official website here: www.maritimeblue.org
What is the mission statement of Washington Maritime Blue?
The mission of Washington Maritime Blue is to drive the growth of the Blue Economy by fostering innovation in maritime clean technology and sustainable practices. This is achieved through collaboration with various stakeholders, including public entities, businesses, academic institutions, ports, labor groups, and community organizations. The goal is to create a more competitive and sustainable maritime industry that contributes to ecological health, thriving communities, and economic growth, while also promoting job creation with a focus on living-wage employment. The organization aims to accomplish this by serving as a cluster organization that works in partnership with its partners to develop and support maritime business, technology, and practices that prioritize a sustainable future.
Official website here: www.maritimeblue.org
Who is the CEO of Washington Maritime Blue?
Joshua Berger is the Board Member of Washington Maritime Blue.
Official website here: www.maritimeblue.org
What is the revenue of Washington Maritime Blue?
Washington Maritime Blue's revenue in 2022 was $2,195,226.
Official website here: www.maritimeblue.org
Who are the executives of Washington Maritime Blue and what are their salaries?
The average compensation at Washington Maritime Blue during 2022 was $89,236. There are 12 employees at Washington Maritime Blue.
Here are 18 key members and their salaries:
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Official website here: www.maritimeblue.org
Where can I find the form 990 for Washington Maritime Blue?
Washington Maritime Blue's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maritimeblue.org
Learn more at the official website: www.maritimeblue.org
Mission Statement of Washington Maritime Blue
Washington Maritime Blue, a strategic organization, is dedicated to propelling the Blue Economy as a global leader in maritime clean technology and sustainable practices. By collaborating with various stakeholders such as public entities, maritime businesses, academic institutions, ports, labor groups, and community organizations, they aim to foster innovation and best management practices within the maritime sector. This collaborative approach is designed to stimulate growth across all sectors, creating an abundance of living-wage jobs, preserving environmental health, and strengthening resilient communities. The ultimate goal is to establish Washington as a beacon for a thriving, sustainable, and competitive maritime industry, contributing significantly to the Blue Economy. The organization operates as a cluster entity, working in tandem with businesses, governments, and community organizations to develop and support maritime technology and practices that promote a sustainable future, benefiting both ecological health and community prosperity.
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Impact
June, 2024
Washington Maritime Blue's impact includes accelerating the Blue Economy by fostering maritime clean tech innovation and best management practices. This initiative aims to support a growing maritime economy across all sectors, creating more living-wage jobs, ensuring a healthy environment, and building resilient communities. By partnering with various stakeholders such as public entities, maritime businesses, academic institutions, ports, labor groups, and community organizations, Washington Maritime Blue is driving progress towards a sustainable future that prioritizes ecological health, thriving communities, and economic growth in the Blue Economy.
This information is meant to be a general summary of Washington Maritime Blue. 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.
- Gross Receipts: $2,195,226
Assets and Liabilities:
- Total Assets: $523,019
- Total Liabilities: $432,558
- Net Assets: $90,461
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Organization Details
Founding Year
2018
Phone
(206) 747-0563Principal Officer
Joshua Berger
Main Address
1900 W Nickerson St Ste 301, Seattle, WA, 98119
Website
www.maritimeblue.orgNTEE Category
Code: C02 - Environment
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