Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
30 people listed on the 990; $3.3M paid to officers and key staff.
John Butler’s $538K as Former President and CEO is at the 97th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| John W Butler | — | $625,000 | — | $595,833 | — | — |
| John W Butler | — | — | $625,000 | — | $558,408 | $558,560 |
| John Butler | $538,294 | — | — | — | — | — |
| Tim Wickmann | — | — | — | — | $233,333 | $410,000 |
| Bryan Wood-Thomas | $409,183 | $304,392 | — | — | — | — |
| Joseph Kramek | $388,750 | $249,583 | $225,000 | $185,000 | — | — |
| Lars Kjaer | $358,258 | $318,429 | — | — | — | — |
| Anna Larsson | $340,000 | $182,236 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Advocates for the liner shipping industry in policy and industry discussions.
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Liner shipping regulation and geopolitical disruptions & supply chain impacts - see schedule o
Maritime Safety and Security Issues
See schedule o
Environmental Issues
See schedule o
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By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $11.1M | $10.5M |
| InvestmentsLn 11–13 | $0 | $0 |
| Land, buildings, equipmentLn 10c | $0 | $0 |
| Total assetsLn 16 | $12.7M | $12.1M |
| LiabilitiesLn 26 | $9.5M | $9.9M |
| Net assetsLn 32 | $3.1M | $2.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $1.6M | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $3.2M | |||
| Pension plan contributionsLn 8 | $210K | |||
| Other employee benefitsLn 9 | $163K | |||
| Payroll taxesLn 10 | $135K | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $2.3M | |||
| Accounting feesLn 11c | $69K | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $594K | |||
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $410K | |||
| Information technologyLn 14 | $155K | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $417K | |||
| TravelLn 17 | $887K | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $0 | |||
| Other expenses (24a–d)Ln 24 | $101K | |||
| Total functional expensesLn 25 | $10.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $8.9M | $8.4M | $506K | $3.1M | 990 PDF |
| FY2023 | $8.4M | $8.5M | −$58K | $2.6M | 990 PDF |
| FY2022 | $7.4M | $6.8M | $552K | $2.7M | 990 PDF |
| FY2021 | $5.1M | $4.7M | $432K | $2.1M | 990 PDF |
| FY2020 | $5.1M | $4.3M | $793K | $1.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $9,356,195 across 9 lines filed
Part IX · Statement of functional expenses $10,256,686 across 30 lines filed
Part X · Balance sheet $12,146,122 assets, 24 lines filed
Part XI · Reconciliation of net assets $2,220,912 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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