Northwest Maritime Advisory Services FY2023 filing

Not tax-deductible

Seattle, WA501(c)(6)Mutual / membership EIN 91-1125021Revenue $1.4M in FY2023

On file with the IRS100 W Harrison St Ste S560, 98119-4162 · Seattle, WATax-exempt since Jul 1983

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Monitoring, coordinating, communicating, assisting and reporting data for vessels associations in the Maritime industry

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$111K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $23K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$75K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+4% vs prior year
Spent
$1.5M
To programs
0%
Net assets
$694K
By yearFY2020–FY2024
Revenue
$1.4M
FY2023▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.3M
FY2023$1.4M
FY2024$1.6M
Expenses
$1.5M
FY2023▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.2M
FY2022$1.2M
FY2023$1.5M
FY2024$1.7M
Net assets
$694K
FY2023▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$476K
FY2021$685K
FY2022$797K
FY2023$694K
FY2024$612K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990; $111K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$102,126Pt VII · Sec A
$9,000Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer/Sec
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Patrick J Gallagher$130,971$102,126$61,692$18,230—
Cynthia E Reed$127,809————
John E Veentjer————$124,012
John Veentjer—$9,000$2,250$59,963—

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.

See Northwest Maritime Advisory Services executive salaries →

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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 15aYes

Programs and updates

Monitors, coordinates, and reports maritime industry vessel data for associations.

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3 programs · in their own filed words · FY2023
01

Vessel reporting and monitoring services, collect, exchange, and disseminate information vital to coordinating the arrival and departure of waterborne commerce in western washington.

Pt IX · col B
02

Telephone, radio, and teletype communications services to improve the coordination of information exchanged between ship and shore.

Pt IX · col B
03

Dissemination of reports, statistics, and vessel information to association members THROUGH0UT the country.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$12K
Money outPt IX
$1.5M
Ln 25
Owns and owesPt X
$694K
net assets · Ln 32
Cash and savingsLn 1–2$574K
Total assetsLn 16$769K
LiabilitiesLn 26$75K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$12K
Gains on assetsLn 7$0
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$157K
SavingsLn 2$417K
Cash and savings togetherLn 1–2$574K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$13K
Other assetsLn 15$0
Total assetsLn 16$769K
LiabilitiesLn 26$75K
Net assetsLn 32$694K
OperationsPt I, VI
EmployeesI 512
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$608K$574K
InvestmentsLn 11–13$100K$0
Land, buildings, equipmentLn 10c$14K$13K
Total assetsLn 16$869K$769K
LiabilitiesLn 26$72K$75K
Net assetsLn 32$797K$694K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
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$111K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$732K
Pension plan contributionsLn 8$49K
Other employee benefitsLn 9$130K
Payroll taxesLn 10$69K
Management feesLn 11a$3K
Legal feesLn 11b$0
Accounting feesLn 11c$46K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$14K
Office expensesLn 13$14K
Information technologyLn 14$83K
RoyaltiesLn 15$0
OccupancyLn 16$99K
TravelLn 17$22K
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$3K
InsuranceLn 23$15K
Other expenses (24a–d)Ln 24$98K
All other expensesLn 24e$11K
Total functional expensesLn 25$1.5M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.6M$1.7M−$82K$612K 990 PDF
FY2023 Viewing $1.4M$1.5M−$104K$694K 990 PDF
FY2022 $1.3M$1.2M$113K$797K 990 PDF
FY2021 $1.2M$1.2M$66K$685K 990 PDF
FY2020 $1.2M$1.3M−$108K$476K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,394,781 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,352,979$1,390,892
I-10 Investment incomePrior year $1,375$11,706
I-11 Other revenuePrior year −$9,109−$7,817
I-12 Total revenuePrior year $1,345,245$1,394,781
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $889,647$1,091,377
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $342,881$407,019
I-18 Total expensesPrior year $1,232,528$1,498,396
I-19 Revenue less expensesPrior year $112,717−$103,615
Part VI · Governance 10 of 10 board members independent, 3 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,394,781 across 8 lines filed
Lines not itemized here account for $41,346 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,349,546$1,349,546
VIII-3 Investment incomeRelated to mission $11,706$11,706
VIII-5 Royalties$0
VIII-6 Net rental income or lossUnrelated business −$7,817−$7,817
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,402,598 · Unrelated business −$7,817$1,394,781
Part IX · Statement of functional expenses $1,498,396 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$111,126
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$732,433
IX-8 Pension plan contributions$49,038
IX-9 Other employee benefits$130,070
IX-10 Payroll taxes$68,710
IX-11a Management fees$3,000
IX-11b Legal fees$0
IX-11c Accounting fees$45,544
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$13,941
IX-13 Office expenses$14,168
IX-14 Information technology$83,027
IX-15 Royalties$0
IX-16 Occupancy$99,150
IX-17 Travel$22,090
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$2,636
IX-23 Insurance$14,826
IX-24 Other expenses (24a–d)$97,515
IX-24e All other expenses$11,122
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,498,396
Part X · Balance sheet $768,673 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $301,095$157,164
X-2 Savings and temporary cash investmentsStart of year $306,475$416,961
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $121,685$168,449
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $5,770$13,013
X-10c Land, buildings and equipment, netStart of year $14,363$13,086
X-11 Publicly traded securitiesStart of year $100,108$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $869,496$768,673
X-17 Accounts payable and accrued expensesStart of year $72,195$74,987
X-26 Total liabilitiesStart of year $72,195$74,987
X-32 Total net assets or fund balancesStart of year $797,301$693,686
X-33 Total liabilities and net assetsStart of year $869,496$768,673
Part XI · Reconciliation of net assets $693,686 net assets at year end
XI-1 Total revenue$1,394,781
XI-2 Total expenses$1,498,396
XI-3 Revenue less expenses−$103,615
XI-4 Net assets at start of year$797,301
XI-10 Net assets at end of year$693,686

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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