Nonprofit · EIN 13-4962540
AMERICAN INSTITUTE OF MARINE UNDERWRITERS
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,429,919 | $1,520,578 | -$90,659 | $1,077,495 | $0 | $1,077,495 |
| December 31, 2023 | 990 | $1,426,055 | $1,735,952 | -$309,897 | $1,168,154 | $0 | $1,168,154 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,217,638
- Investment income
- $56,607
- Other revenue
- $155,674
Expenses
- Grants and similar amounts paid
- $6,000
- Compensation of officers, directors and key employees
- $341,390
- Other salaries and wages
- $245,141
- Salaries, compensation and benefits (total)
- $643,570
- Professional fundraising fees
- $0
- Legal fees
- $168,852
- Accounting fees
- $20,035
- Occupancy
- $110,742
- Travel
- $85,456
- Depreciation
- $10,183
Balance sheet and other
- Total assets, start of year
- $1,168,154
- Total assets, end of year
- $1,077,495
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,077,495
- Land, buildings and equipment
- $1,308
- Net assets without donor restrictions
- $1,077,495
- Gross receipts
- $1,429,919
- Employees
- 3
- Volunteers
- 289
- Year formed
- 1898
- State of legal domicile
- NY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN MIKLUS | PRESIDENT Officer | 40 | $284,600 | $56,790 |
| EILEEN MONREALE | EDUCATION SPECIALIST Highest-paid employee | 40 | $139,629 | $11,746 |
| ELVIRA RODIN | OFFICE MANAGER Highest-paid employee | 40 | $111,900 | $9,765 |
| TONY COWIE | CHAIR (THRU NOV 2024) Trustee or director, Officer | 2 | $0 | $0 |
| SEAN DALTON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KAREN GRISWOLD | DIRECTOR OF FINANCES Trustee or director, Officer | 2 | $0 | $0 |
| ANDREA WILLI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANDREW D'ALESSIO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANNE MARIE ELDER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BEN WYATT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BILL LANG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRIAN CADIGAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRIAN MURPHY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CURT BROWDER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID CALLAGHAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
36 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS LEWIS | DIRECTOR Trustee or director | 0.5 | $0 |
| DREW A FELDMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| EDWIN BALDWIN | DIRECTOR Trustee or director | 0.5 | $0 |
| ERIC TIMM | DIRECTOR Trustee or director | 0.5 | $0 |
| GAVIN SPENCER | DIRECTOR Trustee or director | 0.5 | $0 |
| GORDON LEWIS | DIRECTOR Trustee or director | 0.5 | $0 |
| JAMES THIELEBEULE | DIRECTOR Trustee or director | 0.5 | $0 |
| JAMIE NAWOJCHIK | DIRECTOR Trustee or director | 0.5 | $0 |
| JEFFREY KAUFMANN | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN BARNWELL | DIRECTOR (THRU JULY 2024) Trustee or director | 0.5 | $0 |
| JUDY COOKE | DIRECTOR (THRU OCT 2024) Trustee or director | 0.5 | $0 |
| KAREN L GRISWOLD | DIRECTOR Trustee or director | 0.5 | $0 |
| KEN STROGER | DIRECTOR Trustee or director | 0.5 | $0 |
| KRISTEN HUNTER | DIRECTOR (THRU FEB 2024) Trustee or director | 0.5 | $0 |
| LOU GEHRIG | DIRECTOR Trustee or director | 0.5 | $0 |
| MAURICE L LEE | DIRECTOR Trustee or director | 0.5 | $0 |
| MICHAEL CSORBA | DIRECTOR (THRU DEC 2024) Trustee or director | 0.5 | $0 |
| MICHAEL KEELY | DIRECTOR Trustee or director | 0.5 | $0 |
| MICHAEL PAOLILLO | DIRECTOR Trustee or director | 0.5 | $0 |
| MICHAEL SAPIENZA | DIRECTOR Trustee or director | 0.5 | $0 |
| RALPH SALCE | DIRECTOR Trustee or director | 0.5 | $0 |
| RICH SOJA | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT COPP | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT J SCHAUER | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT KERSHIS | DIRECTOR Trustee or director | 0.5 | $0 |
| ROY HORNBECK | DIRECTOR Trustee or director | 0.5 | $0 |
| RYAN CHEFALAS | DIRECTOR Trustee or director | 0.5 | $0 |
| SCOTT BEEBE | DIRECTOR (THRU FEB 2024) Trustee or director | 0.5 | $0 |
| SCOTT JOHNSON | DIRECTOR (THRU JUNE 2024) Trustee or director | 0.5 | $0 |
| SEAN DOLLAHON | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHEN BIDWELL | DIRECTOR Trustee or director | 0.5 | $0 |
| STEVE VIVIAN | DIRECTOR Trustee or director | 0.5 | $0 |
| TIM DRUCKER | DIRECTOR Trustee or director | 0.5 | $0 |
| TONY PLUTINO | DIRECTOR Trustee or director | 0.5 | $0 |
| VERONICA LOPEZ | DIRECTOR Trustee or director | 0.5 | $0 |
| WESLEY ZELIFF | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 47 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN MIKLUS | PRESIDENT Officer | 40 | $274,622 | $55,307 |
| EILEEN MONREALE | EDUCATION SPECIALIST Highest-paid employee | 40 | $133,863 | $11,714 |
| ELVIRA RODIN | OFFICE MANAGER Highest-paid employee | 40 | $107,700 | $7,701 |
| TONY COWIE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SEAN DALTON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KAREN GRISWOLD | DIRECTOR OF FINANCES Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL NUKK | DIRECTOR (THRU OCT 2023) Trustee or director | 0.5 | $0 | $0 |
| JOHN BARNWELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RICH SOJA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL SAPIENZA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DENNIS LEWIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS NASSO | DIRECTOR (THRU DEC 2023) Trustee or director | 0.5 | $0 | $0 |
| LOU GEHRIG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEPHEN BIDWELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANNE MARIE ELDER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROBERT COPP | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVE VIVIAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRIAN MURPHY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KRISTEN HUNTER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ERIC TIMM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RYAN CHEFALAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DREW A FELDMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CURT BROWDER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| WESLEY ZELIFF | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL PAOLILLO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL PELLERIN | DIRECTOR (THRU JAN 2023) Trustee or director | 0.5 | $0 | $0 |
| ROY HORNBECK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL CSORBA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TONY PLUTINO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EDWIN BALDWIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROBERT KERSHIS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| VERONICA LOPEZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SCOTT JOHNSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL KEELY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JEFFREY KAUFMANN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANDREW SHAW | DIRECTOR (THRU JUN 2023) Trustee or director | 0.5 | $0 | $0 |
| MAURICE L LEE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SEAN DOLLAHON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROBERT J SCHAUER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID CALLAGHAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES THIELEBEULE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BILL LANG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANDREA WILLI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SCOTT BEEBE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RALPH SALCE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JUDY COOKE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMIE NAWOJCHIK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14 WALL STREET, NEW YORK, NY 10005-2101
- Principal officer (990 for 2024)
- JOHN MIKLUS, 14 WALL STREET, NEW YORK, NY 100052101
- Signed the 990
- JOHN MIKLUS, PRESIDENT
- Phone
- (212) 233-0550
- Website
- WWW.AIMU.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THE AMERICAN INSTITUTE OF MARINE UNDERWRITERS ("AIMU") HAS OVER 100 YEARS OF SERVICE AS THE TRADE ASSOCIATION REPRESENTING THE UNITED STATES OCEAN MARINE INSURANCE INDUSTRY AS AN ADVOCATE, EDUCATOR AND INFORMATION CENTER. AIMU PROVIDES AN ACTIVE PROGRAM OF SUPPORT SERVICES TO ASSIST THE U.S. MARINE INSURANCE INDUSTRY IN PROVIDING ITS GLOBAL CUSTOMERS WITH A LEVEL OF PERFORMANCE UNSURPASSED IN THE WORLD. ITS WORLDWIDE NETWORK OF SURVEYORS (CORRESPONDENTS) AIDS ITS MEMBERS IN HANDLING CLAIMS WITH SPEED AND EFFICIENCY. AIMU PUBLISHES A WEEKLY BULLETIN, WHICH PROVIDES ITS MEMBERS WITH CURRENT INFORMATION ON MARITIME MATTERS, MEDIA REPORTS, LEGISLATION AND COURT DECISIONS. THROUGH ITS EDUCATIONAL PROGRAMS, AIMU FOSTERS THE HIGHEST STANDARDS OF PROFESSIONALISM, STIMULATES CREATIVITY AND INNOVATION AND ENHANCES THE INDUSTRY'S TRADITIONAL COMMITMENT TO SERVICE.
Program accomplishments
- AIMU GATHERS AND DISSEMINATES INFORMATION REGARDING OCEAN MARINE INSURANCE TO ITS MEMBERS WHILE PROMOTING, PROTECTING, AND ADVANCING THEIR VIEWS AND INTERESTS THROUGH COMMITTEE WORK. AIMU PROVIDES A FORUM FOR DISCUSSION AND DISSEMINATION OF SPECIFIC MATTERS OF MUTUAL INTEREST.THREE LARGEST AIMU EVENTS IN 2024:MARINE INSURANCE ISSUES SEMINAR - MAY 15:THE NUMBER OF ATTENDEES IS 126. THIS WAS THE LUNCHEON HONORING WOMEN IN MARINE INSURANCE LEADERSHIP AND PROVIDING AN OPPORTUNITY TO NETWORK AND HEAR FROM FEMALE LEADERS IN THE INDUSTRY.FOUR PANELISTS, DYNAMIC AND WELL-RESPECTED LEADERS IN THE MARINE INSURANCE INDUSTRY, SHARED THEIR PERSONAL JOURNEYS AND DISCUSSED OBSTACLES, AS WELL AS VEHICLES, FOR EMPOWERMENT. THEY PROVIDED THEIR VIEW OF THE MARINE INSURANCE INDUSTRY IN THE NEXT 3-5 YEARS, AND OFFERED IDEAS FOR MANAGING WORK-LIFE BALANCE, REDUCING STRESS, NETWORKING, AND BUILDING A SUPPORTIVE COMMUNITY. AIMU ANNUAL DINNER - NOVEMBER 6:THE NUMBER OF ATTENDEES 576. AIMU MEMBERS CELEBRATED THE AIMU 126TH ANNIVERSARY WITH A GALA DINNER EVENT HELD AT PIER SIXTY IN NEW YORK CITY, PRECEDED BY AN ANNUAL GENERAL MEETING THAT SAME MORNING HELD AT AON MEETING EVENT SPACE ATTENDED BY JUST OVER 150 MEMBERS. THE ANNUAL DINNER IS MORE OF A SOCIAL AND NETWORKING EVENT, WHILE THE ANNUAL GENERAL MEETING IS A RECAP AND LOOK FORWARD ON THE ACTIVITIES OF AIMU DURING THE YEAR.AIMU MARINE INSURANCE DAY SEMINAR - OCTOBER 3:THE NUMBER OF ATTENDEES WAS 133. THIS ANNUAL ONE-DAY FALL SEMINAR INCLUDES PRESENTATIONS ON VARIOUS TOPICS RELEVANT TO THE MARINE INSURANCE INDUSTRY. IT HAS EDUCATIONAL VALUE AS WELL AS PROVIDING A NETWORKING OPPORTUNITY FOR AIMU MEMBERS AND WAS HELD AT BARUCH COLLEGE IN NEW YORK CITY.
- AIMU HOLDS COURSES, SEMINARS, LECTURE SERIES, AUTHORS TECHNICAL PAPERS AND MAY OCCASIONALLY INVITE GUEST INSTRUCTORS FOR A WIDE RANGE OF MARINE INSURANCE RELATED TOPICS SUCH AS GENERAL OCEAN MARINE INSURANCE, CARGO INSURANCE, PROTECTION & INDEMNITY AND MARINE LIABILITY INSURANCE, YACHT INSURANCE, HULL INSURANCE, OFFSHORE ENERGY INSURANCE, AND OCEAN MARINE CLAIMS.
- AIMU RUNS A COMMUNICATIONS PROGRAM WHICH PROVIDES AND DISTRIBUTES PUBLICATIONS INCLUDING A WEEKLY BULLETIN. AIMU ALSO GENERATES AN ANNUAL REPORT ON OPERATING RESULTS AND STATISTICS BY LINE OF BUSINESS. ADDITIONALLY, THROUGH ARTICLES, SPEECHES, INTERVIEWS AND PRESS RELEASES, AIMU RESPONDS PUBLICLY TO MARINE INSURANCE RELATED ISSUES.
- OTHER PROGRAM SERVICES INCLUDE:- CONFERENCES - AIMU ORGANIZES CONFERENCES WHERE MEMBERS CAN DISCUSS CURRENT MARINE MARITIME DEVELOPMENTS AND ISSUES.- CORRESPONDENTS - AIMU MAINTAINS AND MONITORS A WORLDWIDE NETWORK OF CARGO SURVEYORS, WHO SOMETIMES ACT AS CLAIMS SETTLING AGENTS.- FORMS AND CLAUSES - AIMU DRAFTS FORMS AND CLAUSES WHICH MAY BE USED ON A VOLUNTARY BASIS BY MARINE INSURERS.- IUMI - AIMU ADMINISTERS RELATIONS AND IS AN ACTIVE MEMBER OF IUMI, WHICH ALSO INCLUDES PARTICIPATION AT THE ANNUAL CONFERENCE.- LEGAL OPINIONS - AIMU PROVIDES ACCESS TO LEGAL OPINIONS ON COURT DECISIONS AND REGULATIONS THAT IMPACT THE MARINE INSURANCE INDUSTRY. - LEGISLATION - AIMU MONITORS, REPORTS AND ACTS UPON FEDERAL, STATE AND INTERNATIONAL LEGISLATION AND REGULATIONS IMPACTING MARINE INSURANCE.- INDUSTRY RELATIONS - AIMU MAINTAINS AND FOSTERS RELATIONSHIPS WITH OTHER MARINE INDUSTRY GROUPS INCLUDING IMUA, MLA, ASSOC OF AVERAGE ADJUSTERS, MICA, U.S. COAST GUARD, AND MARAD.- RECOGNITION - AIMU AWARDS ANNUALLY THE CONTRIBUTIONS OF ITS MEMBERS AND OTHER FROM THE MARINE INSURANCE WORLD.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-4962540
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1918
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,077,495
- Income (IRS master file)
- $1,429,919
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,429,919 | $1,520,578 | $1,077,495 | XML |
| 990 | December 2023 | $1,426,055 | $1,735,952 | $1,168,154 | XML |
| 990 | December 2022 | $2,602,943 | $2,394,105 | $1,478,051 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-4962540).
Questions about AMERICAN INSTITUTE OF MARINE UNDERWRITERS
- What is the EIN of AMERICAN INSTITUTE OF MARINE UNDERWRITERS?
- The employer identification number (EIN) of AMERICAN INSTITUTE OF MARINE UNDERWRITERS is 13-4962540.
- Is AMERICAN INSTITUTE OF MARINE UNDERWRITERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1918.
- Are donations to AMERICAN INSTITUTE OF MARINE UNDERWRITERS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN INSTITUTE OF MARINE UNDERWRITERS 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 AMERICAN INSTITUTE OF MARINE UNDERWRITERS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN INSTITUTE OF MARINE UNDERWRITERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN INSTITUTE OF MARINE UNDERWRITERS?
- The 990 for the year ended December 31, 2024 names JOHN MIKLUS.
- Who are the officers and directors of AMERICAN INSTITUTE OF MARINE UNDERWRITERS?
- The 990 for the year ended December 31, 2024 lists 51 people; 3 received compensation from the organization, the highest $284,600 (JOHN MIKLUS, PRESIDENT).
- How much revenue does AMERICAN INSTITUTE OF MARINE UNDERWRITERS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,429,919, expenses of $1,520,578 and total assets of $1,077,495 at year end.
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