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← NATIONAL MARINE MANUFACTURERS ASSOCIATION INC

Form 990 for tax year 2023

Filed by NATIONAL MARINE MANUFACTURERS ASSOCIATION INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 10 June 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$51,692,678
Total expenses
$47,543,244
Contributions and grants received
$0
Grants paid
$923,525
Program service revenue
$50,170,183
Investment income
$1,522,495
Other revenue
$0
Total assets, end of year
$55,505,234
Total liabilities, end of year
$23,893,310
Net assets or fund balances, end of year
$31,611,924
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: BOAT SHOW REVENUE

    total $26,613,585 · related or exempt $26,613,585

  • 2b · Program service revenue: DISCOVER BOATING INITIATIVE

    total $9,369,508 · related or exempt $9,369,508

  • 2c · Program service revenue: CORE FUNDING

    total $7,002,601 · related or exempt $7,002,601

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $4,851,817 · related or exempt $4,851,817

  • 2e · Program service revenue: MEMBER SERVICES

    total $2,332,672 · related or exempt $2,332,672

  • 3 · Investment income

    total $1,565,528 · excluded $1,565,528

  • 7a · Gross sales of assets other than inventory

    securities $8,876,832

  • 7b · Less cost or other basis and sales expenses

    securities $8,919,865

  • 7c · Gain or loss

    securities -$43,033

  • 7d · Net gain or loss

    total -$43,033 · excluded -$43,033

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $866,620

  • 3 · Grants to foreign organizations and individuals

    total $56,905

  • 5 · Compensation of officers, directors and key employees

    total $5,837,611

  • 7 · Other salaries and wages

    total $7,900,150

  • 8 · Pension plan contributions

    total $879,346

  • 9 · Other employee benefits

    total $1,530,328

  • 10 · Payroll taxes

    total $815,087

  • 11a · Fees: management

    total $2,494,294

  • 11b · Fees: legal

    total $714,148

  • 11c · Fees: accounting

    total $80,262

  • 11d · Fees: lobbying

    total $258,538

  • 11f · Fees: investment management

    total $151,700

  • 11g · Fees: other

    total $1,895,689

  • 12 · Advertising and promotion

    total $8,021,483

  • 13 · Office expenses

    total $140,633

  • 14 · Information technology

    total $1,619,839

  • 16 · Occupancy

    total $597,658

  • 17 · Travel

    total $1,541,623

  • 19 · Conferences, conventions and meetings

    total $330,431

  • 22 · Depreciation, depletion and amortization

    total $105,948

  • 23 · Insurance

    total $405,905

  • 24a · Other expenses: OTHER BOAT SHOW EXPENSE

    total $9,891,031

  • 24b · Other expenses: ENGINEERING STANDARDS

    total $551,852

  • 24c · Other expenses: ALL OTHER EXPENSE

    total $533,371

  • 24d · Other expenses: REFERENCE MATERIAL

    total $278,949

  • 24e · All other expenses

    total $43,843

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $658 · end of year $710

  • 2 · Savings and temporary cash investments

    beginning of year $18,825,569 · end of year $18,150,859

  • 4 · Accounts receivable

    beginning of year $1,539,325 · end of year $539,804

  • 8 · Inventories for sale or use

    beginning of year $97,389 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,322,897 · end of year $1,818,854

  • 10a · Land, buildings and equipment: cost or other basis

    $1,540,120

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,457,950

  • 10c · Land, buildings and equipment, net

    beginning of year $63,537 · end of year $82,170

  • 11 · Investments: publicly traded securities

    beginning of year $17,687,369 · end of year $29,821,706

  • 12 · Investments: other securities

    beginning of year $2,631,712 · end of year $455,042

  • 15 · Other assets

    beginning of year $4,720,434 · end of year $4,636,089

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,990,192 · end of year $4,700,386

  • 19 · Deferred revenue

    beginning of year $12,855,720 · end of year $12,827,651

  • 25 · Other liabilities

    beginning of year $6,047,352 · end of year $6,365,273

  • 27 · Net assets without donor restrictions

    beginning of year $23,995,626 · end of year $31,611,924

Mission and programs · 2023

Mission

TO ENSURE THE GROWTH AND SUCCESS OF THE RECREATIONAL BOATING INDUSTRY.

  • DISCOVER BOATING CONSUMER MARKETING CAMPAIGN AND BOAT SHOWS: CONTINUOUSLY IDENTIFY GROWTH OPPORTUNITIES WITHIN THE RECREATIONAL MARINE INDUSTRY TO EXPAND THE MARKET FOR BOATING, AND CHAMPION THOSE OPPORTUNITIES THROUGH CONSUMER COMMUNICATIONS, TARGETED MARKETING PROGRAMS, AND BY DEVELOPING INDUSTRY EDUCATION AND RESOURCES. PRODUCE BOAT AND SPORT SHOWS IN KEY NORTH AMERICAN MARKETS TO PROVIDE QUALITY SALES VENUES FOR EXHIBITORS AND CONSUMERS.

  • ADVOCACY: REPRESENTS THE INDUSTRY ON PUBLIC POLICY ISSUES, ADVOCATING AT STATE AND FEDERAL LEVELS TO PROTECT THE INTERESTS OF THE MARINE INDUSTRY AND THE USERS OF PRODUCTS.

  • CERTIFICATION: MAINTAINS BOAT, TRAILER AND OIL CERTIFICATION PROGRAMS TO PROMOTE SAFETY AND HELP MANUFACTURERS PRODUCE QUALITY PRODUCTS.

  • OTHER: COLLECTS, ANALYZES AND DISTRIBUTES INDUSTRY, ECONOMIC AND MARKET DATA; PROMOTES RECREATIONAL BOATING THROUGH CONSUMER OUTREACH; PROVIDE INFORMATION/REPRESENT THE INDUSTRY'S INTERESTS TO THE MEDIA AND OTHER PUBLIC ENTITIES; WORKS TO CREATE OPPORTUNITIES OVERSEAS; OFFERS INFORMATION AND SERVICES TO HELP MEMBERS EXPAND INTO THE GLOBAL MARKETPLACE; ASSISTS THE INDUSTRY IN CONTINUOUSLY IMPROVING CUSTOMER SATISFACTION WITH THE PURCHASE, DELIVERY, PRODUCT, USE AND AFTER-SALE EXPERIENCES THROUGH CSI (CONSUMER SATISFACTION INDEX).

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bill Yeargin

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Craig Clawson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Aine Denari

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Ben Speciale

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Ann Baldree

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ben Duke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bernard Guy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Boehman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Braitmayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fredrik Hogberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Greg Lentine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gus Blakely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jason Blackburn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Neber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Buelow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Livingston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Swick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Josie Tucci

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Carlan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kris Carroll

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark McKinney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matt Peat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matt Wood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Lindberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rick Tinker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rob Parmentier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert Oswell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ron Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Scott Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Heese

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Tilders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thomas Slikkers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tommy Hancock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Francis Kurt Hugelmeyer

    PRESIDENT

    Total calculated
    $871,923
    From this org
    $831,231
    From related orgs
    $0
    Other
    $40,692
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $626,168
    Bonus
    $161,070
    Other
    $43,993
    Deferred
    $30,250
    Nontaxable benefits
    $10,442
    Filer's total
    $871,923

  • Craig Boskey

    SR VP AND CFO

    Total calculated
    $443,639
    From this org
    $403,037
    From related orgs
    $0
    Other
    $40,602
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $306,830
    Bonus
    $48,039
    Other
    $48,168
    Deferred
    $30,250
    Nontaxable benefits
    $10,352
    Filer's total
    $443,639

  • Ellen Bradley Chief Brand

    OFFICER, SR VP, MARKETING & COMM.

    Total calculated
    $368,990
    From this org
    $332,794
    From related orgs
    $0
    Other
    $36,196
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,029
    Bonus
    $45,045
    Other
    $720
    Deferred
    $26,500
    Nontaxable benefits
    $9,696
    Filer's total
    $368,990

  • Robert Newsome Chief Admin

    OFFICER, SR VP, OPERATIONS

    Total calculated
    $357,868
    From this org
    $323,733
    From related orgs
    $0
    Other
    $34,135
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,425
    Bonus
    $42,588
    Other
    $720
    Deferred
    $26,500
    Nontaxable benefits
    $7,635
    Filer's total
    $357,868

  • John McKnight

    SR VP, ENVIRONMENTAL

    Total calculated
    $348,417
    From this org
    $308,326
    From related orgs
    $0
    Other
    $40,091
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,448
    Bonus
    $35,710
    Other
    $48,168
    Deferred
    $28,206
    Nontaxable benefits
    $11,885
    Filer's total
    $348,417

  • Jennifer Thompson

    SR VP, NMMA SHOWS

    Total calculated
    $323,115
    From this org
    $294,084
    From related orgs
    $0
    Other
    $29,031
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $254,319
    Bonus
    $39,045
    Other
    $720
    Deferred
    $25,551
    Nontaxable benefits
    $3,480
    Filer's total
    $323,115

  • Tillie Fowler

    SR VP, GOVT. RELATIONS

    Total calculated
    $305,466
    From this org
    $284,745
    From related orgs
    $0
    Other
    $20,721
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $114,427
    Bonus
    $0
    Other
    $170,318
    Deferred
    $18,894
    Nontaxable benefits
    $1,827
    Filer's total
    $305,466

  • Kevin Maurice Williams

    VP OF NORTH AMERICAN MARKETING

    Total calculated
    $279,799
    From this org
    $252,059
    From related orgs
    $0
    Other
    $27,740
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,820
    Bonus
    $36,208
    Other
    $3,031
    Deferred
    $24,260
    Nontaxable benefits
    $3,480
    Filer's total
    $279,799

  • Mildred Robinson

    VP, BUSINESS INTELLIGENCE

    Total calculated
    $263,551
    From this org
    $244,190
    From related orgs
    $0
    Other
    $19,361
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $214,522
    Bonus
    $26,400
    Other
    $3,268
    Deferred
    $18,883
    Nontaxable benefits
    $478
    Filer's total
    $263,551

  • Glenda Sandoval

    VP, ACCTING, FIN. AND CONTROLLER

    Total calculated
    $251,513
    From this org
    $211,616
    From related orgs
    $0
    Other
    $39,897
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,299
    Bonus
    $24,348
    Other
    $969
    Deferred
    $25,707
    Nontaxable benefits
    $14,190
    Filer's total
    $251,513

  • Jonathan Pritko

    VP OF NORTHEAST SHOWS

    Total calculated
    $251,021
    From this org
    $225,283
    From related orgs
    $0
    Other
    $25,738
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,631
    Bonus
    $24,667
    Other
    $985
    Deferred
    $22,258
    Nontaxable benefits
    $3,480
    Filer's total
    $251,021

  • Lewis Webb

    VP, TECHNOLOGY

    Total calculated
    $222,156
    From this org
    $200,236
    From related orgs
    $0
    Other
    $21,920
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,317
    Bonus
    $28,540
    Other
    $379
    Deferred
    $9,187
    Nontaxable benefits
    $12,733
    Filer's total
    $222,156

  • Caroline Anne Holden Hoyt

    VP, GOVERNMENT RELATIONS

    Total calculated
    $213,335
    From this org
    $192,333
    From related orgs
    $0
    Other
    $21,002
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,660
    Bonus
    $17,378
    Other
    $295
    Deferred
    $17,202
    Nontaxable benefits
    $3,800
    Filer's total
    $213,335

  • Beth Luther

    VP, PEOPLE & CULTURE

    Total calculated
    $203,662
    From this org
    $189,847
    From related orgs
    $0
    Other
    $13,815
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,549
    Bonus
    $22,200
    Other
    $3,098
    Deferred
    $10,915
    Nontaxable benefits
    $2,900
    Filer's total
    $203,662

  • David Dickerson

    VP, STATE GOVERNMENT RELATIONS

    Total calculated
    $208,878
    From this org
    $179,275
    From related orgs
    $0
    Other
    $29,603
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,542
    Bonus
    $19,351
    Other
    $4,382
    Deferred
    $16,637
    Nontaxable benefits
    $12,966
    Filer's total
    $208,878

  • Kelly Rooney

    VP, NORTH AMERICAN PR & COMM.

    Total calculated
    $205,975
    From this org
    $168,709
    From related orgs
    $0
    Other
    $37,266
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,196
    Bonus
    $29,196
    Other
    $317
    Deferred
    $19,570
    Nontaxable benefits
    $17,696
    Filer's total
    $205,975

  • Scott Berry

    VP, ENGINEERING STANDARDS

    Total calculated
    $202,878
    From this org
    $174,359
    From related orgs
    $0
    Other
    $28,519
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,134
    Bonus
    $16,884
    Other
    $341
    Deferred
    $18,823
    Nontaxable benefits
    $9,696
    Filer's total
    $202,878

  • Darren Envall

    VP OF MIDWEST BOAT & SPORTSHOWS

    Total calculated
    $193,379
    From this org
    $173,694
    From related orgs
    $0
    Other
    $19,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,291
    Bonus
    $18,668
    Other
    $735
    Deferred
    $16,205
    Nontaxable benefits
    $3,480
    Filer's total
    $193,379

  • Alisdair Martin

    VP OF STRATEGY & SALES

    Total calculated
    $191,732
    From this org
    $167,605
    From related orgs
    $0
    Other
    $24,127
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $90,723
    Bonus
    $0
    Other
    $76,882
    Deferred
    $16,692
    Nontaxable benefits
    $7,435
    Filer's total
    $191,732

  • Marie-France MacKinnon

    EXECUTIVE DIRECTOR, NMMA CANADA

    Total calculated
    $178,196
    From this org
    $176,108
    From related orgs
    $0
    Other
    $2,088
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,983
    Bonus
    $31,125
    Other
    $0
    Deferred
    $2,088
    Nontaxable benefits
    $0
    Filer's total
    $178,196

  • Nick Ligammari

    VP, OPERATIONS

    Total calculated
    $163,619
    From this org
    $151,360
    From related orgs
    $0
    Other
    $12,259
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,720
    Bonus
    $18,750
    Other
    $890
    Deferred
    $8,604
    Nontaxable benefits
    $3,655
    Filer's total
    $163,619

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4A AND 4B:
NMMA HAS A 401 (K) PLAN THAT COVERS SUBSTANTIALLY ALL FULL TIME EMPLOYEES. NMMA MATCHES 50% OF EMPLOYEES' CONTRIBUTIONS OF ELIGIBLE COMPENSATION SUBJECT TO INTERNAL REVENUE SERVICE LIMITS. NMMA HAS A PROFIT-SHARING PLAN IN THE FORM OF ADDITIONAL 401(K) CONTRIBUTIONS. THIS IS DISCRETIONARY, SUBJECT TO BOARD APPROVAL AT THE END OF THE FISCAL YEAR AND MAY RELATE TO THE OVERALL FINANCIAL PERFORMANCE OF THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • IBEX LLC

    TRADE SHOW · IL · 50% owned

Provenance

Return type
form_990
Tax year
2023
Filed
10 June 2025
IRS schema version
2023v6.0
Source object
202521969349302572

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