Skip to content
Nonprofiteer
← MARINE INDUSTRIES ASSOCIATION OF PALM BEACH COUNTY INC

Form 990 for tax year 2022

Filed by MARINE INDUSTRIES ASSOCIATION OF PALM BEACH COUNTY INC.

Totals

Total revenue
$1,628,732
Total expenses
$1,057,091
Contributions and grants received
$0
Grants paid
$213,917
Program service revenue
$1,597,685
Investment income
$23,113
Other revenue
$7,934
Total assets, end of year
$3,480,782
Total liabilities, end of year
$3,165
Net assets or fund balances, end of year
$3,477,617
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

    total $1,324,934 · related or exempt $1,324,934

  • 2b · Program service revenue: OTHER PROGRAMS

    total $135,459 · related or exempt $135,459

  • 2c · Program service revenue: BOAT PARADE

    total $83,731 · related or exempt $83,731

  • 2d · Program service revenue: MEMBER DUES

    total $43,288 · related or exempt $43,288

  • 2e · Program service revenue: MEETING INCOME

    total $9,484 · related or exempt $9,484

  • 2f · All other program service revenue

    total $789 · unrelated business $789

  • 3 · Investment income

    total $23,113 · excluded $23,113

  • 7a · Gross sales of assets other than inventory

    securities $240,000

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

    securities $240,000

  • 7c · Gain or loss

    securities $0

  • 7d · Net gain or loss

    total $0

  • 11a · Other revenue: OTHER REVENUE

    total $7,934 · related or exempt $7,934

  • 11e · Other revenue, total

    $7,934

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $213,917

  • 5 · Compensation of officers, directors and key employees

    total $91,131

  • 7 · Other salaries and wages

    total $96,937

  • 9 · Other employee benefits

    total $1,401

  • 10 · Payroll taxes

    total $28,099

  • 11b · Fees: legal

    total $92

  • 11c · Fees: accounting

    total $2,990

  • 11g · Fees: other

    total $3,712

  • 12 · Advertising and promotion

    total $20,075

  • 13 · Office expenses

    total $7,555

  • 14 · Information technology

    total $14,730

  • 16 · Occupancy

    total $41,715

  • 17 · Travel

    total $697

  • 19 · Conferences, conventions and meetings

    total $35,818

  • 23 · Insurance

    total $10,267

  • 24a · Other expenses: DIRECTORY

    total $11,438

  • 24b · Other expenses: OTHER PROGRAM COSTS

    total $126,240

  • 24c · Other expenses: LEGISLATIVE EFFORTS

    total $111,799

  • 24d · Other expenses: BOAT SHOW-MARKETING

    total $96,305

  • 24e · All other expenses

    total $142,173

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,849 · end of year $25,326

  • 2 · Savings and temporary cash investments

    beginning of year $2,912,636 · end of year $3,387,683

  • 4 · Accounts receivable

    beginning of year $1,600 · end of year $65,116

  • 9 · Prepaid expenses and deferred charges

    end of year $2,657

  • 19 · Deferred revenue

    beginning of year $12,829 · end of year $3,165

  • 27 · Net assets without donor restrictions

    beginning of year $2,923,256 · end of year $3,477,617

Mission and programs · 2022

Mission

THE MARINE INDUSTRIES ASSOCIATION OF PALM BEACH COUNTY, INC. IS A NOT-FOR-PROFIT ORGANIZATION CREATED TO PROMOTE AND PROTECT THE SOUND GROWTH OF THE MARINE INDUSTRY IN PALM BEACH COUNTY FOR THE BENEFIT AND EDUCATION OF ITS MEMBERS, THE COMMUNITY, AND THE ENVIRONMENT.

Activities or mission (Part I)

THE VOICE OF PALM BEACH COUNTY'S BOATING COMMUNITY

  • BOAT SHOW: THE PALM BEACH INTERNATIONAL BOAT SHOW, WHICH TAKES PLACE ALONG FLAGLER DRIVE IN DOWNTOWN WEST PALM BEACH, IS ONE OF THE TOP FIVE LARGEST BOAT SHOWS IN THE U.S. WITH A STATEWIDE ECONOMIC IMPACT OF $1.05 BILLION. THE SHOW FEATURES MORE THAN $1.2 BILLION WORTH OF YACHTS AND ACCESSORIES, INCLUDING HUNDREDS OF BOATS RANGING FROM 8-FOOT INFLATABLES TO SUPER YACHTS NEARLY 300 FEET IN LENGTH.

  • BOAT PARADE: THE PALM BEACH HOLIDAY BOAT PARADE AND TOY DRIVE IS A PREMIER EVENT OF THE MIAPBC AND GIFT TO THE COMMUNITY, WHICH COLLECTS MORE THAN 10,000 TOYS FOR LOCAL FAMILIES EACH YEAR. THE PARADE OF DOZENS OF DECORATED BOATS, LED BY A TRAVELING FIREWORKS DISPLAY, NAVIGATES UP THE INTRACOASTAL WATERWAY FROM NORTH PALM BEACH TO THE JUPITER INLET LIGHTHOUSE THE FIRST SATURDAY OF DECEMBER EACH YEAR.

  • LEGISLATIVE AND REGULATORY ADVOCACY: PROVIDING A VOICE FOR THE INDUSTRYMIAPBC CAREFULLY MONITORS, COMMENTS, SUPPORTS OR CHALLENGES GOVERNMENT REGULATIONS OR LEGISLATION THAT IT HAS DETERMINED MAY HAVE AN IMPACT ON PALM BEACH COUNTY'S MARINE INDUSTRY ON THE LOCAL, STATE AND NATIONAL LEVELS. IN ADDITION TO ACTIVISM ON THE LOCAL LEVEL IN PALM BEACH COUNTY, OUR LEGISLATIVE COMMITTEE, BOARD OF DIRECTORS AND GOVERNMENT RELATIONS REPRESENTATIVES IN TALLAHASSEE AND IN WASHINGTON D.C. ARE FOCUSED ON A WIDE VARIETY OF ISSUES TO ENSURE THAT MARINE BUSINESSES ARE PROTECTED, OR CAN BENEFIT FROM GOVERNMENTAL POLICIES OR ACTIONS.

As filed on the 2022 return.

Listed in Part VII

  • Austin Burkett

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Ray Graziotto

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Janet Zimmerman

    SEC/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • George Gentile

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tamra Fitzgerald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tino Garcia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bill Gould

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Mueller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Charlie Nicklaus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Kennedy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alyssa Freeman

    EXECUTIVE DIRECTOR

    Total calculated
    $93,697
    From this org
    $91,131
    From related orgs
    $0
    Other
    $2,566
    Hours/week
    40

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
10 August 2023
IRS schema version
2022v5.0
Source object
202332359349300808

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.