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Massachusetts Maritime Academy Foundation Inc

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

EIN: 237025807 ✦ Buzzards bay, MA ✦ Designated as a 501(c)(3)

Overview

What is Massachusetts Maritime Academy Foundation Inc?

Massachusetts Maritime Academy Foundation Inc is a charitable organization situated at 101 Academy Drive, Buzzards Bay, MA 02532. Its primary mission is to improve the academic standing and overall quality of life for the cadets at the Massachusetts Maritime Academy. They achieve this by raising and managing private funds, aiming to boost the leadership skills of their graduates. Significantly, the foundation provides scholarships and financial aid to students, thereby contributing to their educational journey.


Official website here: www.maritime.edu

Is Massachusetts Maritime Academy Foundation Inc legitimate?

Massachusetts Maritime Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Maritime Academy Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.maritime.edu

What is the mission statement of Massachusetts Maritime Academy Foundation Inc?

The Massachusetts Maritime Academy Foundation's mission is focused on enhancing the academic standing and quality of life of its cadets. To achieve this, the foundation raises and manages private funds to support the mission of the Massachusetts Maritime Academy. The primary objective of the foundation is to provide scholarships and financial contributions to students attending the academy. The foundation also handles expenses related to receiving and accounting for donations.


Official website here: www.maritime.edu

Who is the CEO of Massachusetts Maritime Academy Foundation Inc?

Elizabeth Simmons is the Chair of Massachusetts Maritime Academy Foundation Inc.


Official website here: www.maritime.edu

What is the revenue of Massachusetts Maritime Academy Foundation Inc?

Massachusetts Maritime Academy Foundation Inc's revenue in 2022 was $7,083,053.


Official website here: www.maritime.edu

Who are the executives of Massachusetts Maritime Academy Foundation Inc and what are their salaries?

Here are 29 key members and their salaries:

    Elizabeth Simmons (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $175,850
  • Other: $0

    • Brendan O'Connor (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Walker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Sanislow (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Smith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Dicroce (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Fournier (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Gallagher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Gardner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Penelope Hare (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Houston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Kelly Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerhard Kurz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Lawrence (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Lyall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Mckim (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Delhome (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Ricciardi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Saccone Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Wilkinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Conroy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Czerny (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Griffin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Rosenblatt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Delmolina (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Waters (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francis X Mcdonald (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Mcauliffe (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter J Seward (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.maritime.edu

    Where can I find the form 990 for Massachusetts Maritime Academy Foundation Inc?

    The Massachusetts Maritime Academy Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.maritime.edu

    Learn more at the official website: www.maritime.edu

    Mission Statement of Massachusetts Maritime Academy Foundation Inc

    The Massachusetts Maritime Academy Foundation's mission is centered around promoting the well-being and academic excellence of its cadets. This nonprofit organization strives to achieve this goal by raising and managing private funds, aiming to enhance the leadership qualities of its graduates. At the heart of its mission is the provision of scholarships to students attending the Massachusetts Maritime Academy. Furthermore, the foundation manages expenses related to the receipt and accounting of donations, ensuring that these funds are utilized effectively in support of the academy's mission.

    Impact

    This information is meant to be a general summary of Massachusetts Maritime Academy Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Massachusetts Maritime Academy Foundation Inc plays a crucial role in supporting the mission of the Massachusetts Maritime Academy by enhancing the academic posture and quality of life of the regiment of cadets. Through the generation and management of private funds, the foundation awards scholarships to academy students, ensuring they have the financial support needed to excel in their education and training. By providing this support, the foundation helps to cultivate preeminent leadership qualifications in the academy's graduates, ultimately contributing to the development of skilled maritime professionals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,733,343
  • Program Service Revenue: $0
  • Gross Receipts: $20,086,062

    • Assets and Liabilities:
  • Total Assets: $42,100,464
  • Total Liabilities: $253,474
  • Net Assets: $41,846,990
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Elizabeth Simmons

    Main Address

    101 ACADEMY DRIVE, BUZZARDS BAY, MA, 025321803

    NTEE Category

    Code: B42I - Education

    If you are a representative of Massachusetts Maritime Academy Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.