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Marine Exchange Of Alaska Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 920173630 ✦ Juneau, AK ✦ Designated as a 501(c)(6)

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Overview

What is Marine Exchange Of Alaska Inc?

Marine Exchange of Alaska Inc is a nonprofit organization based in Juneau, Alaska. Their primary mission is to ensure safe, secure, and environmentally responsible maritime operations across the state. To accomplish this, they operate over 100 Automatic Identification System (AIS) receivers and a satellite tracking system, extending from Barrow to Adak and south to Ketchikan. This system monitors a wide range of vessels, including tankers, cruise ships, fishing vessels, and small passenger boats, to promote efficient maritime operations. The organization plays a crucial role in maintaining compliance with waste discharge regulations and speed restrictions to minimize whale strikes. In addition, they assist the Coast Guard in responding to maritime emergencies and oil spill responses. They also coordinate security measures and efficiently dispatch pilots, agents, and marine facility personnel. In essence, Marine Exchange of Alaska Inc serves as a vital communication and service hub for the Alaska maritime community, providing information and resources to support safe, secure, and efficient maritime operations.


Official website here: www.mxak.org

Is Marine Exchange Of Alaska Inc legitimate?

Marine Exchange Of Alaska Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Marine Exchange Of Alaska 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: $408,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,029,281

For more financial information, click here


Official website here: www.mxak.org

What is the mission statement of Marine Exchange Of Alaska Inc?

The Marine Exchange of Alaska's mission is to enhance the safety, security, efficiency, and environmental responsibility of maritime operations. To achieve this, they provide information, communications, and services that aid in the smooth running of maritime activities. They operate over 100 Automatic Identification System receivers and a satellite tracking system, which monitors various types of vessels to ensure compliance with regulations and minimize risks such as whale strikes and oil spills. The system also supports the Coast Guard in responding to maritime emergencies and coordinating security measures, as well as the efficient dispatch of pilots, agents, and marine facility personnel.


Official website here: www.mxak.org

Who is the CEO of Marine Exchange Of Alaska Inc?

Stephen White is the Executive Di of Marine Exchange Of Alaska Inc.


Official website here: www.mxak.org

What is the revenue of Marine Exchange Of Alaska Inc?

Marine Exchange Of Alaska Inc's revenue in 2022 was $6,395,554.


Official website here: www.mxak.org

Who are the executives of Marine Exchange Of Alaska Inc and what are their salaries?

The average compensation at Marine Exchange Of Alaska Inc during 2022 was $76,168. There are 32 employees at Marine Exchange Of Alaska Inc.


Here are 21 key members and their salaries:


Stephen White (Executive Di)
  • Compensation: $160,000
  • Related: $0
  • Other: $21,000
John Hollingsworth (Chief Operat)
  • Compensation: $140,000
  • Related: $0
  • Other: $18,000
Kenneth Phillips (Compliance M)
  • Compensation: $125,024
  • Related: $0
  • Other: $16,502
Edwin Mayer Iii (Engineering)
  • Compensation: $115,440
  • Related: $0
  • Other: $28,962
Shawn Mauldin (Chief Soluti)
  • Compensation: $110,968
  • Related: $0
  • Other: $16,097
Kristin Cadigan Mcadoo (Finance Mana)
  • Compensation: $106,748
  • Related: $0
  • Other: $15,675
Nicholas Hatch (Field Ops Su)
  • Compensation: $102,926
  • Related: $0
  • Other: $15,293
Christopher F Coutu (Asst Dir/Gen)
  • Compensation: $60,577
  • Related: $0
  • Other: $8,510
Matt York (Deputy Direc)
  • Compensation: $15,413
  • Related: $0
  • Other: $2,118
Hans H Antonsen (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael O'Hara (Board Vice P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Hawkins (Board Sect/T)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Austin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Blanchard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawson Brigham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bal Dreyfuss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Froehlich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Olson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Reid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vic Scheibert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Whittlesy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mxak.org

Where can I find the form 990 for Marine Exchange Of Alaska Inc?

Marine Exchange Of Alaska Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mxak.org

Learn more at the official website: www.mxak.org

Mission Statement of Marine Exchange Of Alaska Inc

The Marine Exchange of Alaska, a notable organization, is committed to ensuring the safety, security, efficiency, and environmental responsibility of maritime operations. To achieve this, the Marine Exchange of Alaska provides essential information, communications, and services to the Alaska maritime community.

One of the key ways they fulfill this mission is through their extensive network of Automatic Identification System (AIS) receivers, numbering over 100 across Alaska. These systems monitor a wide variety of vessels, including tankers, container ships, cruise ships, ferries, tugs, barges, fishing vessels, and small passenger vessels. This monitoring aids in maintaining safe, secure, and environmentally responsible maritime operations.

The Marine Exchange of Alaska's system is not limited to Alaska's coastline. It extends from Barrow in the north to Adak in the west and south to Ketchikan. This broad coverage allows for the tracking of a diverse maritime community, contributing to the overall safety and efficiency of operations. The system has been utilized in various capacities, such as monitoring cruise ship compliance with waste discharge regulations and speed restrictions to minimize whale strikes, the Coast Guard's response to maritime emergencies, oil spill responses, coordination of security measures, and the efficient dispatch of pilots, agents, and marine facility personnel.

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Impact




June, 2024

Marine Exchange Of Alaska Inc's impact can be seen in the significant support it provides to the Alaska maritime community. By operating over 100 AIS receivers and a satellite tracking system that spans a vast area in Alaska, the organization plays a crucial role in tracking various vessels to ensure safe, secure, efficient, and environmentally responsible maritime operations.

Specifically, the Marine Exchange's system has been instrumental in monitoring cruise ship compliance with waste discharge regulations, enforcing speed restrictions to minimize whale strikes, aiding the Coast Guard in responding to maritime emergencies, facilitating oil spill responses, coordinating security measures, and efficiently dispatching pilots, agents, and marine facility personnel.

Through its innovative technology and services, the Marine Exchange Of Alaska Inc directly contributes to enhancing maritime safety, security, and environmental protection in the region, making a positive impact on the Alaska maritime industry and the surrounding ecosystems.




This information is meant to be a general summary of Marine Exchange Of Alaska 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.

Revenue
$6,395,554 (2022)
Expenses
$5,207,974 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $114,368
  • Program Service Revenue: $6,121,970
  • Gross Receipts: $6,403,204

Assets and Liabilities:

  • Total Assets: $9,347,051
  • Total Liabilities: $424,431
  • Net Assets: $8,922,620

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MARINE VESSEL TRACKING

Revenue

$4,569,151

SEA TRAFFIC PROG SERVICES

Revenue

$655,465

SAFETY/COMPLIANCE SERVICES

Revenue

$606,495

MEMBERSHIP FEES

Revenue

$290,859

Organization Details

Founding Year

2000

Principal Officer

Stephen White

Main Address

1050 HARBOR WAY, JUNEAU, AK, 99801

NTEE Category

Code: C20 - Environment

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