2024-07-31T12:14:33-04:00 2023-12-31 232749044 BEE BERGVALL & CO PO BOX 754 WARRINGTON PA 189760754 990 2023-01-01 230972080 MARITIME EXCHANGE FOR THE DELAWARE RIVER AND BAY INC MARI 2159252615 240-242 CHERRY STREET PHILADELPHIA PA 191061906 LISA HIMBER PRESIDENT 2159252615 2024-07-31 true false CYNTHIA BERGVALL CPA P00133440 2153432727 2024-07-31 2023 2024-08-08 14:25:15Z LISA HIMBER 240-242 CHERRY STREET PHILADELPHIA PA 191061906 2972152 false X WWW.MARITIMEDELRIV.COM X 1882 PA DEDICATED TO PROMOTING AND ENCOURAGING COMMERCE ON THE DELAWARE RIVER AND BAY THROUGH A GOVERNMENT AFFAIRS PROGRAM AND A COMPREHENSIVE ON-LINE SUITE OF MARITIME INFORMATION SERVICES, THE EXCHANGE ENSURES OUR MEMBERS ARE OPERATING IN THE MOST POSITIVE ECONOMIC CLIMATE POSSIBLE. 38 37 19 42 83124 164169 250000 2279424 2287814 201979 231116 40348 42417 2685920 2811347 0 0 1294947 1440205 0 0 905073 858003 2200020 2298208 485900 513139 8701644 9949944 654595 493597 8047049 9456347 X DEDICATED TO PROMOTING AND ENCOURAGING COMMERCE ON THE DELAWARE RIVER AND BAY THROUGH A GOVERNMENT AFFAIRS PROGRAM AND A COMPREHENSIVE ON-LINE SUITE OF MARITIME INFORMATION SERVICES, THE EXCHANGE ENSURES OUR MEMBERS ARE OPERATING IN THE MOST POSITIVE ECONOMIC CLIMATE POSSIBLE. false false 1218709 2287814 DEVELOP/OPERATE MARITIME COMMUNICATIONS 1218709 false false false true false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 13 0 true 19 true true true false false false false false false false X 38 37 false false false false true true false true true false false true true true true true true true true false X KIMBERLEY ZUMBADO 2159252615 240-242 CHERRY STREET PHILADELPHIA PA 19106 LISA HIMBER PRESIDENT 40.00 X X 216134 0 25380 JOHN T REYNOLDS CHAIRMAN 1.00 X X 0 0 0 UWE SCHULZ VICE CHAIRMA 1.00 X X 0 0 0 BOB DEGEN SECRETARY 1.00 X 0 0 0 ROBERT A HERB TREASURER 1.00 X X 0 0 0 WILLIAM ANDERSON BOARD MEMBER 1.00 X 0 0 0 EUGENE R BAILEY BOARD MEMBER 1.00 X 0 0 0 JOHN C BRENNAN BOARD MEMBER 1.00 X 0 0 0 BRIAN CASAL BOARD MEMBER 1.00 X 0 0 0 SEAN CLANCY BOARD MEMBER 1.00 X 0 0 0 STEVE CLARK BOARD MEMBER 1.00 X 0 0 0 LYNN COINTOT BOARD MEMBER 1.00 X 0 0 0 DOMENIC COLELLA BOARD MEMBER 1.00 X 0 0 0 THOMAS J COOK BOARD MEMBER 1.00 X 0 0 0 DAVID K CUFF BOARD MEMBER 1.00 X 0 0 0 MICHAEL CURETON BOARD MEMBER 1.00 X 0 0 0 RICHARD DEDONATO BOARD MEMBER 1.00 X 0 0 0 JOHN J DEEMER BOARD MEMBER 1.00 X 0 0 0 RICHARD E DEGENNARO BOARD MEMBER 1.00 X 0 0 0 PATRICK T DOLAN BOARD MEMBER 1.00 X 0 0 0 JOHN ERCOLANI BOARD MEMBER 1.00 X 0 0 0 JOSEPH C HARE USNR RET BOARD MEMBER 1.00 X 0 0 0 NATHAN HAUSER BOARD MEMBER 1.00 X 0 0 0 EDWARD HAZZOURI ESQ BOARD MEMBER 1.00 X 0 0 0 MICHAEL J HOLT BOARD MEMBER 1.00 X 0 0 0 JAMES LYONS BOARD MEMBER 1.00 X 0 0 0 MARTIN MASCUILLI BOARD MEMBER 1.00 X 0 0 0 EUGENE MATTIONI ESQ BOARD MEMBER 1.00 X 0 0 0 DAVE MONK BOARD MEMBER 1.00 X 0 0 0 WILLIAM J MORAN BOARD MEMBER 1.00 X 0 0 0 GEORGE C MURPHY BOARD MEMBER 1.00 X 0 0 0 ROBERT W PALAIMA BOARD MEMBER 1.00 X 0 0 0 MICHAEL REAGOSO III BOARD MEMBER 1.00 X 0 0 0 LISA REEVES ESQ BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER ROWLAND BOARD MEMBER 1.00 X 0 0 0 ANDREW SAPORITO BOARD MEMBER 1.00 X 0 0 0 JEFFREY THEOBALD BOARD MEMBER 1.00 X 0 0 0 KUBILAY ULUCAN BOARD MEMBER 1.00 X 0 0 0 RICHARD E VENUTI BOARD MEMBER 1.00 X 0 0 0 216134 25380 1 false true false 250000 250000 SHIP COMMUNICATIONS CHARGE 812900 1355808 1355808 PORT SERVICE PROGRAM REVENUE 812900 359252 359252 TRACS USAGE FEE 812900 342111 342111 PORT DIRECTORY/BEACON 812900 83124 83124 DUES - REVENUE 511190 80325 80325 67194 67194 2287814 231116 231116 167081 160805 6276 6276 6276 MISCELLANEOUS REVENUE 900099 36141 36141 36141 2811347 2240831 83124 237392 278269 960583 14598 97862 88893 45146 77700 20000 32359 3424 227987 92536 71383 15813 30265 84614 72954 GIFTS/CONTRIBUTIONS 29989 DUES AND SUBSCRIPTIONS 22973 REPAIR AND MAINTENANCE 10940 PUBLICATION PRODUCTION 9114 10806 2298208 0 0 0 186863 261846 268564 279391 415533 330444 97278 191074 3479749 2461614 1086397 1018135 6595748 7692896 51261 149500 26658 8701644 9949944 152535 262558 430782 183811 71278 47228 654595 493597 X 8047049 9456347 8047049 9456347 8701644 9949944 513139 896159 X false true X true false false false false 80325 48 48 2410 -2362 90700 90700 1656340 1235524 420816 522399 161871 360528 1210310 1064219 146091 1018135 OPERATING LEASE LIABILITY 28364 SECURITY DEPOSIT FROM TENANT 18864 47228 3848311 896159 896159 2952152 20000 -160805 -140805 2811347 2439013 160805 160805 2278208 20000 20000 2298208 SCHEDULE D, PAGE 4, PART XI, LINE 4B DIRECT/INDIRECT RENTAL EXPENSE NETTED AGAINST INCOME -160,805 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT/INDIRECT RENTAL EXPENSE 160,805 X X X false false false LISA HIMBER PRESIDENT 216134 7953 17427 241514 FORM 990 - ORGANIZATION'S MISSION DEDICATED TO PROMOTING AND ENCOURAGING COMMERCE ON THE DELAWARE RIVER AND BAY THROUGH A GOVERNMENT AFFAIRS PROGRAM AND A COMPREHENSIVE ON-LINE SUITE OF MARITIME INFORMATION SERVICES, THE EXCHANGE ENSURES OUR MEMBERS ARE OPERATING IN THE MOST POSITIVE ECONOMIC CLIMATE POSSIBLE. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS THAT ELECT THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION WILL FIRST OBTAIN APPROVAL OF THE FINANCE COMMITTEE CHAIRMAN AND THEN PRESENT IT TO THE GOVERNING BODY AT A REGULARLY-SCHEDULED MEETING PRIOR TO FILING THE TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 12C EMPLOYEES AND BOARD MEMBERS RECEIVE AN ANNUAL UPDATE AND NEW EMPLOYEES ARE PROVIDED WITH A COPY OF THE POLICY UPON HIRING. FORM 990, PAGE 6, PART VI, LINE 15A ON AN ANNUAL BASIS, GENERALLY IN OCTOBER, THE FINANCE AND EXECUTIVE COMMITTEES ARE RESPONSIBLE TO CONDUCT A FORMAL REVIEW OF THE MARITIME EXCHANGE BUDGET FOR THE UPCOMING YEAR. THE BUDGET IS PREPARED BY THE PRESIDENT IN CONJUNCTION WITH SENIOR ORGANIZATION MANAGEMENT, AND INCLUDED IN THIS BUDGET IS A PROPOSED SALARY LINE ITEM COVERING BOTH EXECUTIVE AND NON-EXECUTIVE STAFF. IF APPROPRIATE AND FEASIBLE, THE BUDGET WILL INCLUDE A PROPOSED INCREASE OF A CERTAIN PERCENTAGE WHICH CAN BE USED FOR MERIT AND/OR COST OF LIVING INCREASES FOR STAFF. POTENTIAL SALARY ADJUSTMENTS ARE REVIEWED AND DISCUSSED WITH BOTH COMMITTEES IN CONJUNCTION WITH OTHER BUDGET CONSIDERATIONS. WHEN THE TWO COMMITTEES ARE SATISFIED, THE PROPOSED BUDGET IS PRESENTED TO THE FULL BOARD OF DIRECTORS FOR ITS REVIEW AND DELIBERATION, GENERALLY IN NOVEMBER. EITHER OF THE TWO COMMITTEES OR THE BOARD MAY ELECT TO APPROVE THE BUDGET AS PRESENTED OR SUGGEST ADDITIONAL MODIFICATIONS. BY APPROVING THE BUDGET EACH YEAR, THE BOARD IS ESTABLISHING THE MAXIMUM ALLOWABLE COMPENSATION WHICH CAN BE PAID TO EXCHANGE STAFF. ANY DEVIATIONS ABOVE THAT AMOUNT WOULD REQUIRE A SEPARATE BOARD REVIEW/APPROVAL PROCESS. THE EXECUTIVE COMMITTEE, SERVING AS A COMPENSATION COMMITTEE, CONSIDERS SALARY ADJUSTMENTS FOR THE PRESIDENT. THE EVALUATIONS ARE BASED ON OVERALL PERFORMANCE OF THE ORGANIZATION, COMPARABLE COMPENSATION REVIEWS OF OTHER ORGANIZATIONS, AS WELL AS RELEVANT BUDGET CONSIDERATIONS. THE EXECUTIVE COMMITTEE NOTIFIES THE PRESIDENT OF ITS FINAL DECISION, AND ADJUSTMENTS ARE MADE AS DIRECTED. FORM 990, PAGE 6, PART VI, LINE 15B SAME PROCESS AS DESCRIBED IN PART VI, 15A FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST