Nonprofit · EIN 05-0309513
RHODE ISLAND MARINE TRADE ASSOCIATION INC
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $735,695 | $793,205 | -$57,510 | $302,677 | $187,853 | $114,824 |
| September 30, 2024 | 990 | $776,358 | $810,936 | -$34,578 | $355,692 | $182,842 | $172,850 |
| September 30, 2023 | 990 | $891,786 | $888,438 | $3,348 | $251,691 | $44,648 | $207,043 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $610,370
- of which government grants
- $426,867
- Program service revenue
- $122,733
- Investment income
- $2,592
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $125,622
- Other salaries and wages
- $175,680
- Salaries, compensation and benefits (total)
- $343,993
- Professional fundraising fees
- $0
- Accounting fees
- $2,536
- Occupancy
- $20,611
- Travel
- $6,285
Balance sheet and other
- Total assets, start of year
- $355,692
- Total assets, end of year
- $302,677
- Total liabilities, end of year
- $187,853
- Net assets, end of year
- $114,824
- Net assets without donor restrictions
- $114,824
- Gross receipts
- $735,695
- Employees
- 3
- Volunteers
- 18
- Year formed
- 2001
- State of legal domicile
- RI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN DURSI | EXECUTIVE DIRECTOR (UNTIL 8/9/25) Trustee or director, Officer | 40 | $114,346 |
| FORREST WILLIAMS | EXECUTIVE DIRECTOR (AS OF 8/9/25) Trustee or director, Officer | 40 | $0 |
| RAYMOND LEBLANC | CHAIRPERSON Trustee or director, Officer | 0.25 | $0 |
| WHITNEY JONES | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| JOSEPH MARIANI | VICE PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| JAY FRECHETTE | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| PAUL HARDEN | TREASURER Trustee or director, Officer | 0.25 | $0 |
| ANDREW TYSKA | DIRECTOR Trustee or director | 0.25 | $0 |
| BENJAMIN SORKIN | DIRECTOR Trustee or director | 0.25 | $0 |
| WILLIAM KENYON | DIRECTOR Trustee or director | 0.25 | $0 |
| FORREST HOXSIE | DIRECTOR Trustee or director | 0.25 | $0 |
| RICHARD CROMWELL | DIRECTOR Trustee or director | 0.25 | $0 |
| ERIC GOETZ | DIRECTOR Trustee or director | 0.25 | $0 |
| HOLLY DUFFY | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN TREGENZA | DIRECTOR Trustee or director | 0.25 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN LYONS | DIRECTOR Trustee or director | 0.25 | $0 |
| JONATHAN MENDES | DIRECTOR Trustee or director | 0.25 | $0 |
| MICHAEL HARRINGTON | DIRECTOR Trustee or director | 0.25 | $0 |
| SAMUEL MOORE | DIRECTOR Trustee or director | 0.25 | $0 |
| SUSAN DALY | DIRECTOR Trustee or director | 0.25 | $0 |
| MATTHEW LEDUC | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended September 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN DURSI | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $112,058 |
| MATTHEW LEDUC | CHAIRPERSON Trustee or director, Officer | 0.25 | $0 |
| RAYMOND LEBLANC | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| WHITNEY JONES | VICE PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| JAY FRECHETTE | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| PAUL HARDEN | TREASURER Trustee or director, Officer | 0.25 | $0 |
| ANDREW TYSKA | DIRECTOR Trustee or director | 0.25 | $0 |
| BENJAMIN SORKIN | DIRECTOR Trustee or director | 0.25 | $0 |
| WILLIAM KENYON | DIRECTOR Trustee or director | 0.25 | $0 |
| FORREST HOXSIE | DIRECTOR Trustee or director | 0.25 | $0 |
| RICHARD CROMWELL | DIRECTOR Trustee or director | 0.25 | $0 |
| ERIC GOETZ | DIRECTOR Trustee or director | 0.25 | $0 |
| HOLLY DUFFY | DIRECTOR Trustee or director | 0.25 | $0 |
| JOSPH MARIANI | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN TREGENZA | DIRECTOR Trustee or director | 0.25 | $0 |
| JONANTHAN LYONS | DIRECTOR Trustee or director | 0.25 | $0 |
| JONATHAN MENDES | DIRECTOR Trustee or director | 0.25 | $0 |
| MICHAEL HARRINGTON | DIRECTOR Trustee or director | 0.25 | $0 |
| SAMUEL MOORE | DIRECTOR Trustee or director | 0.25 | $0 |
| SUSAN DALY | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CROMWELL | DIRECTOR Trustee or director | – | $0 |
| JAY FRECHETTE | SECRETARY Trustee or director | – | $0 |
| ERIC GOETZ | DIRECTOR Trustee or director | – | $0 |
| PAUL HARDEN | TREASURER Trustee or director, Officer | – | $0 |
| MICHAEL HARRINGTON | DIRECTOR Trustee or director | – | $0 |
| DEAN HOXSIE | DIRECTOR Trustee or director | – | $0 |
| NED JONES | DIRECTOR Trustee or director | – | $0 |
| BILL KENYON | DIRECTOR Trustee or director | – | $0 |
| RAY LEBLANC | PRESIDENT Trustee or director | – | $0 |
| MATT LEDUC | DIRECTOR Trustee or director | – | $0 |
| JOE MARIANI | DIRECTOR Trustee or director | – | $0 |
| BEN SORKIN | DIRECTOR Trustee or director | – | $0 |
| JOHN TREGENZA | CHAIRMAN Trustee or director, Officer | – | $0 |
| ANDY TYSKA | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 513 BROADWAY 320, NEWPORT, RI 02840-1471
- Principal officer (990 for 2024)
- MARK KRAVATZ, 513 BROADWAY 320, NEWPORT, RI 02840
- Signed the 990
- MARK KRAVATZ, EXECUTIVE DIRECTOR
- Phone
- (401) 396-9619
- Website
- HTTPS://RIMTA.ORG/
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
RIMTA'S MISSION IS TO CHAMPION THE RHODE ISLAND MARINE INDUSTRY THROUGH ADVOCACY, EDUCATION, ENVIRONMENTAL STEWARDSHIP, INNOVATION AND PROMOTION.
Program accomplishments
- MEMBER SERVICES MEMBER SERVICES INCLUDES MEMBER EVENTS THAT ARE HOSTED DURING THE YEAR, INCLUDING AN ANNUAL MEETING AND SPECIAL EVENTS, SUCH AS AN ENVIRONMENTAL CONFERENCE. EVENTS ARE USED AS MEMBER ENGAGEMENT OPPORTUNITIES FOR BUSINESS-TO-BUSINESS NETWORKING, EDUCATION, AND CELEBRATION. MEMBER SERVICES ALSO INCLUDES SHRINK WRAP RECYCLING, WHICH IS A STATEWIDE SHRINK WRAP RECYCLING PROGRAM TO PROVIDE AN ENVIRONMENTALLY FRIENDLY ALTERNATIVE FOR PLASTIC WASTE FOR ITS MEMBERS THAT IS COORDINATED BY THE ASSOCIATION. THE ASSOCIATION ALSO PROVIDES FEE FOR SERVICE CONSULTING TO THE INDUSTRY RELATED TO WORKFORCE DEVELOPMENT, PROJECT MANAGEMENT, AND FIBERGLASS BOAT RECYCLING.SEE CONTINUATION ON SCHEDULE OTRAINING AND EDUCATION THE ASSOCIATION COORDINATES TRAINING AND INDUSTRY EXPOSURE PROGRAMS FOR YOUTH AND NEW WORKERS. THE ASSOCIATION ALSO COORDINATES AND AWARDS INCUMBENT WORKER TRAINING FUNDS TO ITS MEMBERSHIP VIA A GRANT FROM THE STATE OF RHODE ISLAND. RIMTA FUTURE IS A YOUNG LEADERS GROUP SUPPORTED BY RIMTA. OTHER PROGRAMS THE ASSOCIATION ALSO PROVIDES OTHER PROGRAMS IN SUPPORT OF ITS MISSION. INCLUDED IN OTHER PROGRAMS IS COSTS INCURRED BY THE ASSOCIATION FOR A LOBBYIST FOR INSTATE REPRESENTATION AT THE STATE HOUSE.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 05-0309513
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1966
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $302,677
- Income (IRS master file)
- $735,695
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $735,695 | $793,205 | $302,677 | XML |
| 990 | September 2024 | $776,358 | $810,936 | $355,692 | XML |
| 990 | September 2023 | $891,786 | $888,438 | $251,691 | XML |
| 990 | September 2022 | $762,276 | $758,767 | $280,490 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0309513).
Questions about RHODE ISLAND MARINE TRADE ASSOCIATION INC
- What is the EIN of RHODE ISLAND MARINE TRADE ASSOCIATION INC?
- The employer identification number (EIN) of RHODE ISLAND MARINE TRADE ASSOCIATION INC is 05-0309513.
- Is RHODE ISLAND MARINE TRADE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1966.
- Are donations to RHODE ISLAND MARINE TRADE ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RHODE ISLAND MARINE TRADE ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RHODE ISLAND MARINE TRADE ASSOCIATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RHODE ISLAND MARINE TRADE ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of RHODE ISLAND MARINE TRADE ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 names MARK KRAVATZ.
- Who are the officers and directors of RHODE ISLAND MARINE TRADE ASSOCIATION INC?
- The 990 for the year ended September 30, 2025 lists 21 people; 1 received compensation from the organization, the highest $114,346 (BRIAN DURSI, EXECUTIVE DIRECTOR (UNTIL 8/9/25)).
- How much revenue does RHODE ISLAND MARINE TRADE ASSOCIATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $735,695, expenses of $793,205 and total assets of $302,677 at year end.
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