American Great Lakes Ports Association Inc is located in Washington, DC. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Great Lakes Ports Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, American Great Lakes Ports Association Inc generated $738.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $428.9k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF, AND IMPROVE BUSINESS CONDITIONS OF, MEMBER SEAPORT ORGANIZATIONS IN THE GREAT LAKES REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED PUBLIC POLICIES AT THE STATE AND FEDERAL LEVEL TO ENHANCE MARITIME COMMERCE ON THE GREAT LAKES. ORGANIZED AND HOSTED AN ANNUAL CONFERENCE IN MILWAUKEE AND A WASHINGTON "FLY-IN".
MANAGED A BINATIONAL EFFORT TO FUND AND CONDUCT A COMPREHENSIVE ECONOMIC IMPACT STUDY OF THE GREAT LAKES ST. LAWRENCE SEAWAY NAVIGATION SYSTEM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Fisher Executive Di | Trustee | 35 | $229,200 |
Will Friedman Director | Trustee | $0 | |
Dean Haen Director | Trustee | $0 | |
Paul Lamarre Vice Preside | Officer | $0 | |
Erik Varela Director | Trustee | $0 | |
Vanta Coda President | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $738,900 |
Investment income | $44 |
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 | $738,944 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $229,200 |
Fees for services: Legal | $4,100 |
Fees for services: Accounting | $5,895 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $143,750 |
Advertising and promotion | $5,650 |
Office expenses | $1,937 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $11,025 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $23,488 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,056 |
All other expenses | $0 |
Total functional expenses | $428,866 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,235 |
Savings and temporary cash investments | $383,766 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $388,001 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $388,001 |
Total liabilities and net assets/fund balances | $388,001 |