Mm&p Maritime Advancement Training Ed & Safety Program
- Assets
- $12.2m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 128
- Location
- Linthicum Heights, MD
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 13-2577386
Organization Overview
Mm&p Maritime Advancement Training Ed & Safety Program is located in Linthicum Heights, MD. The organization was established in 1990. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Mm&p Maritime Advancement Training Ed & Safety Program employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mm&p Maritime Advancement Training Ed & Safety Program is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mm&p Maritime Advancement Training Ed & Safety Program generated $5.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $8.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUED EDUCATION AND CERTIFICATION OF THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES, AND PILOTS MEMBERS, INDEPENDENT MARITIME MEMBERS, PILOT GROUPS, AND OTHER SHIPPING COMPANY EMPLOYEES WHO ARE MARITIME MEMBERS.
Describe the Organization's Program Activity:
ACADEMIC CENTER- TUTITION AND RELATED SERVICES:THE ACADEMIC DIVISION OF THE MARITIME INSTITUTE, LOCATED IN LINTHICUM HEIGHTS, MD, PROVIDES HIGH QUALITY CONTINUING EDUCATION AND RE-CERTIFICATIONS FOR THE MARITIME INDUSTRY. IN ADDITION TO TRAINING THE MEMBERS OF THE IOMM&P, THE INSTITUTE TRAINS MANY MEMBERS IN THE U.S. MILITARY, FOREIGN GOVERNMENTS, U.S. SHIPPING COMPANIES, PILOT ORGANIZATIONS, INDEPENDENT MARINERS, TUG AND BARGE COMPANIES, ETC. THE MARITIME INSTITUTE OF TECHNOLOGY ALSO PROVIDES GROUND-BREAKING RESEARCH AND DEVELOPMENT FOR THE GOVERNMENT AND PRIVATE INDUSTRY. THE INSTITUTE IS ALSO CERTIFIED BY THE MARYLAND HIGHER EDUCATION COMMISSION AS A SCHOOL OF HIGHER LEARNING.
PACIFIC MARITIME (PMI):THE PACIFIC MARITIME INSTITUTE, LOCATED IN SEATTLE, WA, PROVIDES THE SAME HIGH LEVEL OF CONTINUING EDUCATION AND RE-CERTIFICATIONS TO OUR SEATTLE AREA IOMM&P MEMBERS, AND MEMBERS IN THE U.S. MILITARY, SHIPPING COMPANIES, PILOT ORGANIZATIONS, ETC. AS THAT OF OUR MARYLAND CAMPUS. THE PMI IS ALSO HEAVILY INVOLVED IN GROUND-BREAKING RESEACH, DEVELOPMENT, AND MODELING FOR THE MARITIME INDUSTRY. ADDITIONALLY, PMI IS A CERTIFIED VOCATIONAL SCHOOL IN THE STATE OF WASHINGTON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Glen Paine Executive Director | Officer | 40 | $179,037 |
Mr Eric Friend President | Officer | 40 | $138,481 |
Ms Elizabeth Semonavick Controller | Officer | 40 | $122,570 |
Mr Robert Becker Employee | 40 | $121,205 | |
Mr Patrick Mccullough Administrator | Officer | 0.5 | $2,505 |
Mr Ken Ryan Trust Dept. Manager | Officer | 0.5 | $2,079 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rf Warder Inc Construction Services | 12/30/21 | $141,469 |
Flik International Corp Food Service | 12/30/21 | $1,690,846 |
My Cleaning Services Cleaning Service | 12/30/21 | $544,034 |
Wartsila Voyage Americas Inc It Services | 12/30/21 | $211,838 |
Port Of Seattle Rental Service | 12/30/21 | $386,949 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,200,082 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,238 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,210,320 |
| Total Program Service Revenue | $3,330,914 |
| Investment income | $1,855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,959,385 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $585,224 |
| Compensation of current officers, directors, key employees. | $35,113 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,588,626 |
| Pension plan accruals and contributions | $284,130 |
| Other employee benefits | $534,551 |
| Payroll taxes | $280,878 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $241,141 |
| Fees for services: Accounting | $58,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $871,251 |
| Advertising and promotion | $83,403 |
| Office expenses | $149,629 |
| Information technology | $179,464 |
| Royalties | $0 |
| Occupancy | $1,108,752 |
| Travel | $140,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,220 |
| Interest | $244,957 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $904,285 |
| Insurance | $194,324 |
| All other expenses | -$1,250,814 |
| Total functional expenses | $7,954,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $809,552 |
| Savings and temporary cash investments | $1,028,988 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $729,894 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,056 |
| Prepaid expenses and deferred charges | $461,312 |
| Net Land, buildings, and equipment | $8,904,534 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $223,240 |
| Other assets | $94 |
| Total assets | $12,191,670 |
| Accounts payable and accrued expenses | $1,615,578 |
| Grants payable | $0 |
| Deferred revenue | $320,135 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,187,367 |
| Unsecured mortgages and notes payable | $148,718 |
| Other liabilities | $0 |
| Total liabilities | $8,271,798 |
| Net assets without donor restrictions | $3,919,872 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,191,670 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mm&p Maritime Advancement Training Ed & Safety Program has recieved totaling $108,400.
| Awarding Organization | Amount |
|---|---|
Anne Arundel Economic Development Corporation Annapolis, MD PURPOSE: COVID RELIEF - HOTEL RELIEF (HRG) | $108,400 |