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Nonprofiteer
← NATIONAL MARINE MANUFACTURERS ASSOCIATION INC

Form 990 for tax year 2024

Filed by NATIONAL MARINE MANUFACTURERS ASSOCIATION INC.

Totals

Total revenue
$50,353,040
Total expenses
$48,180,748
Contributions and grants received
$0
Grants paid
$920,982
Program service revenue
$48,067,426
Investment income
$2,285,614
Other revenue
$0
Total assets, end of year
$59,309,301
Total liabilities, end of year
$24,362,533
Net assets or fund balances, end of year
$34,946,768
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 $27,089,961 · related or exempt $27,089,961

  • 2b · Program service revenue: DISCOVER BOATING INITIATIVE

    total $7,777,909 · related or exempt $7,777,909

  • 2c · Program service revenue: CORE FUNDING

    total $6,088,689 · related or exempt $6,088,689

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $4,763,485 · related or exempt $4,763,485

  • 2e · Program service revenue: MEMBER SERVICES REVENUE

    total $2,347,382 · related or exempt $2,347,382

  • 3 · Investment income

    total $1,387,510 · excluded $1,387,510

  • 7a · Gross sales of assets other than inventory

    securities $7,669,848 · other assets $750,000

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

    securities $7,521,744 · other assets $0

  • 7c · Gain or loss

    securities $148,104 · other assets $750,000

  • 7d · Net gain or loss

    total $898,104 · excluded $898,104

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $689,721

  • 3 · Grants to foreign organizations and individuals

    total $231,261

  • 5 · Compensation of officers, directors and key employees

    total $5,667,095

  • 7 · Other salaries and wages

    total $8,981,316

  • 8 · Pension plan contributions

    total $870,033

  • 9 · Other employee benefits

    total $1,273,729

  • 10 · Payroll taxes

    total $911,956

  • 11a · Fees: management

    total $2,694,018

  • 11b · Fees: legal

    total $653,331

  • 11c · Fees: accounting

    total $78,018

  • 11d · Fees: lobbying

    total $284,371

  • 11f · Fees: investment management

    total $188,283

  • 11g · Fees: other

    total $2,190,441

  • 12 · Advertising and promotion

    total $7,817,784

  • 13 · Office expenses

    total $139,495

  • 14 · Information technology

    total $1,450,770

  • 16 · Occupancy

    total $644,713

  • 17 · Travel

    total $1,634,843

  • 19 · Conferences, conventions and meetings

    total $395,992

  • 22 · Depreciation, depletion and amortization

    total $251,926

  • 23 · Insurance

    total $381,400

  • 24a · Other expenses: OTHER BOAT SHOW EXPENSE

    total $9,483,336

  • 24b · Other expenses: ENGINEERING STANDARDS

    total $456,483

  • 24c · Other expenses: ALL OTHER EXPENSES

    total $439,202

  • 24d · Other expenses: REFERENCE MATERIAL

    total $310,593

  • 24e · All other expenses

    total $60,638

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $710 · end of year $709

  • 2 · Savings and temporary cash investments

    beginning of year $18,150,859 · end of year $18,837,170

  • 4 · Accounts receivable

    beginning of year $539,804 · end of year $835,698

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,818,854 · end of year $2,081,852

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

    $2,856,427

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

    $1,709,877

  • 10c · Land, buildings and equipment, net

    beginning of year $82,170 · end of year $1,146,550

  • 11 · Investments: publicly traded securities

    beginning of year $29,821,706 · end of year $32,092,370

  • 12 · Investments: other securities

    beginning of year $455,042 · end of year $188,156

  • 15 · Other assets

    beginning of year $4,636,089 · end of year $4,126,796

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,700,386 · end of year $5,264,427

  • 19 · Deferred revenue

    beginning of year $12,827,651 · end of year $13,410,538

  • 25 · Other liabilities

    beginning of year $6,365,273 · end of year $5,687,568

  • 27 · Net assets without donor restrictions

    beginning of year $31,611,924 · end of year $34,946,768

Mission and programs · 2024

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 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ben Speciale

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Aine Denari

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Ben Duke

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Craig Clawson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Bill Yeargin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ann Baldree

    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

  • 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

  • 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

  • Rob Parmentier

    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

  • Thomas Slikkers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tommy Hancock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Francis Kurt Hugelmeyer

    PRESIDENT

    Total calculated
    $902,906
    From this org
    $876,512
    From related orgs
    $0
    Other
    $26,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $684,762
    Bonus
    $168,750
    Other
    $23,000
    Deferred
    $15,250
    Nontaxable benefits
    $11,144
    Filer's total
    $902,906

  • Craig Boskey

    SR VP AND CFO

    Total calculated
    $443,873
    From this org
    $418,588
    From related orgs
    $0
    Other
    $25,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,867
    Bonus
    $49,721
    Other
    $23,000
    Deferred
    $15,250
    Nontaxable benefits
    $10,035
    Filer's total
    $443,873

  • Robyn Boerstling

    CHIEF ADVOCACY OFFICER & SVP OF GOVERNMENT RELATIO

    Total calculated
    $467,635
    From this org
    $464,246
    From related orgs
    $0
    Other
    $3,389
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $404,246
    Bonus
    $60,000
    Other
    $0
    Deferred
    $3,000
    Nontaxable benefits
    $389
    Filer's total
    $467,635

  • Robert Newsome Chief Admin

    OFFICER, SR VP, OPERATIONS

    Total calculated
    $380,347
    From this org
    $360,381
    From related orgs
    $0
    Other
    $19,966
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,339
    Bonus
    $48,042
    Other
    $0
    Deferred
    $11,500
    Nontaxable benefits
    $8,466
    Filer's total
    $380,347

  • Ellen Bradley Chief Brand

    OFFICER, SR VP, MARKETING

    Total calculated
    $377,859
    From this org
    $355,919
    From related orgs
    $0
    Other
    $21,940
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,721
    Bonus
    $48,198
    Other
    $0
    Deferred
    $11,500
    Nontaxable benefits
    $10,440
    Filer's total
    $377,859

  • Jennifer Thompson

    SR VP, NMMA SHOWS

    Total calculated
    $321,165
    From this org
    $305,921
    From related orgs
    $0
    Other
    $15,244
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,530
    Bonus
    $38,391
    Other
    $0
    Deferred
    $11,500
    Nontaxable benefits
    $3,744
    Filer's total
    $321,165

  • John McKnight

    SR VP, ENVIRONMENTAL

    Total calculated
    $315,796
    From this org
    $305,226
    From related orgs
    $0
    Other
    $10,570
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $220,626
    Bonus
    $61,600
    Other
    $23,000
    Deferred
    $1,221
    Nontaxable benefits
    $9,349
    Filer's total
    $315,796

  • Kevin Maurice Williams

    VP OF NORTH AMERICAN MARKE

    Total calculated
    $268,335
    From this org
    $251,981
    From related orgs
    $0
    Other
    $16,354
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,725
    Bonus
    $27,256
    Other
    $0
    Deferred
    $12,610
    Nontaxable benefits
    $3,744
    Filer's total
    $268,335

  • Glenda Sandoval

    VP, ACCTING, FIN. AND CONT

    Total calculated
    $266,948
    From this org
    $236,692
    From related orgs
    $0
    Other
    $30,256
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,909
    Bonus
    $26,783
    Other
    $0
    Deferred
    $15,250
    Nontaxable benefits
    $15,006
    Filer's total
    $266,948

  • Jonathan Pritko

    VP OF NORTHEAST SHOWS

    Total calculated
    $254,427
    From this org
    $238,635
    From related orgs
    $0
    Other
    $15,792
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,488
    Bonus
    $26,147
    Other
    $0
    Deferred
    $12,048
    Nontaxable benefits
    $3,744
    Filer's total
    $254,427

  • Beth Luther

    VP, PEOPLE & CULTURE

    Total calculated
    $234,402
    From this org
    $216,159
    From related orgs
    $0
    Other
    $18,243
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,627
    Bonus
    $23,532
    Other
    $0
    Deferred
    $14,499
    Nontaxable benefits
    $3,744
    Filer's total
    $234,402

  • Mildred Robinson

    VP, BUSINESS INTELLIGENCE

    Total calculated
    $213,685
    From this org
    $200,685
    From related orgs
    $0
    Other
    $13,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,685
    Bonus
    $0
    Other
    $0
    Deferred
    $12,562
    Nontaxable benefits
    $438
    Filer's total
    $213,685

  • Darren Envall

    VP OF MIDWEST BOAT & SPORT

    Total calculated
    $213,593
    From this org
    $201,992
    From related orgs
    $0
    Other
    $11,601
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,081
    Bonus
    $21,911
    Other
    $0
    Deferred
    $7,857
    Nontaxable benefits
    $3,744
    Filer's total
    $213,593

  • Marie-France MacKinnon

    EXECUTIVE DIRECTOR, NMMA C

    Total calculated
    $274,126
    From this org
    $270,826
    From related orgs
    $0
    Other
    $3,300
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,963
    Bonus
    $43,863
    Other
    $0
    Deferred
    $3,300
    Nontaxable benefits
    $0
    Filer's total
    $274,126

  • Jeffrey Wasil

    VP, ENVIRONMENTAL COMPLIANCE & MARINE TECH

    Total calculated
    $215,636
    From this org
    $203,086
    From related orgs
    $0
    Other
    $12,550
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,897
    Bonus
    $19,189
    Other
    $0
    Deferred
    $4,550
    Nontaxable benefits
    $8,000
    Filer's total
    $215,636

  • Lauren Rosenblatt

    SR. SALES MANAGER

    Total calculated
    $271,793
    From this org
    $255,699
    From related orgs
    $0
    Other
    $16,094
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $96,055
    Bonus
    $159,644
    Other
    $0
    Deferred
    $11,500
    Nontaxable benefits
    $4,594
    Filer's total
    $271,793

  • John Marcinek

    DIRECTOR, INTEGRATED MARKETING

    Total calculated
    $244,568
    From this org
    $218,358
    From related orgs
    $0
    Other
    $26,210
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $90,640
    Bonus
    $127,718
    Other
    $0
    Deferred
    $15,250
    Nontaxable benefits
    $10,960
    Filer's total
    $244,568

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 · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 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
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
2024
Filed
15 June 2026
IRS schema version
2024v5.5
Source object
202601959349301045

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