Nonprofit · EIN 23-7025807
MA MARITIME ACADEMY FOUNDATION INC
Tax-exempt · BUZZARDS BAY, MA 02532
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,300,957 | $4,247,201 | $7,053,756 | $77,850,041 | $63,698 | $77,786,343 |
| June 30, 2024 | 990 | $14,533,512 | $6,639,486 | $7,894,026 | $71,033,076 | $300,489 | $70,732,587 |
| June 30, 2023 | 990 | $12,570,673 | $1,718,023 | $10,852,650 | $56,074,263 | $391,486 | $55,682,777 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,919,207
- of which government grants
- $555,555
- Program service revenue
- $0
- Investment income
- $6,123,364
- Net gain from sales of assets
- $1,593,790
- Net income from fundraising events
- $258,386
- Other revenue
- $258,386
Expenses
- Grants and similar amounts paid
- $3,960,853
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $18,581
- Depreciation
- $16,053
- Program services (functional)
- $3,960,853
- Management and general (functional)
- $286,348
Balance sheet and other
- Total assets, start of year
- $71,033,076
- Total assets, end of year
- $77,850,041
- Total liabilities, end of year
- $63,698
- Net assets, end of year
- $77,786,343
- Land, buildings and equipment
- $3,650,928
- Publicly traded securities
- $55,698,733
- Net assets without donor restrictions
- $26,900,242
- Net assets with donor restrictions
- $50,886,101
- Gross receipts
- $25,687,141
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1968
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ELIZABETH B SIMMONS | VP OF EXTERNAL AFFAIRS Officer | 1 | $0 | $188,267 | $79,072 |
| BRENDAN P O'CONNOR | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM L WALKER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID S SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES R SANISLOW | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT L DELHOME | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAPT BRIAN J FOURNIER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOHN J GALLAGHER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PENNIE HARE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENNIS HOUSTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAPT WILLIAM C KELLEY JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GERHARD E KURZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAPT PETER J LAWRENCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALAN MCKIM | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID F MIK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS M RICCIARDI | BOARD MEMBER Trustee or director | 1 | $0 |
| BRUCE S ROSENBLATT | BOARD MEMBER Trustee or director | 1 | $0 |
| J PAUL SACCONE | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL D TUSIANI | BOARD MEMBER Trustee or director | 1 | $0 |
| GEOFFREY C WILKINSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN D POOR | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFFREY F HAMEL | BOARD MEMBER Trustee or director | 1 | $0 |
| CAPT MARTIN E CONROY JR | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN F ISBERG | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN F TOBIN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ELIZABETH SIMMONS | VP OF EXTERNAL AFFAIRS Trustee or director | 1 | $0 | $178,883 |
| brendan po'connor | chair Trustee or director, Officer | 1 | $0 | $0 |
| william L walker | vice chair Trustee or director, Officer | 1 | $0 | $0 |
| david ssmith | treasurer Trustee or director, Officer | 1 | $0 | $0 |
| james r sanislow | secretary Trustee or director, Officer | 1 | $0 | $0 |
| capt martin econroy | board member Trustee or director | 1 | $0 | $0 |
| walter j czernyjr | board member Trustee or director | 1 | $0 | $0 |
| robert delhome | board member Trustee or director | 1 | $0 | $0 |
| william dicroce | board member Trustee or director | 1 | $0 | $0 |
| CAPT brian fournier | board member Trustee or director | 1 | $0 | $0 |
| john gallagher | board member Trustee or director | 1 | $0 | $0 |
| Timothy Griffin | board member Trustee or director | 1 | $0 | $0 |
| penelope hare | board member Trustee or director | 1 | $0 | $0 |
| dennis houston | board member Trustee or director | 1 | $0 | $0 |
| william kelley jr | board member Trustee or director | 1 | $0 | $0 |
| gerhard kurz | board member Trustee or director | 1 | $0 | $0 |
| peter lawrence | board member Trustee or director | 1 | $0 | $0 |
| richard lyall | board member Trustee or director | 1 | $0 | $0 |
| alan mckim | board member Trustee or director | 1 | $0 | $0 |
| DAVID MIK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| louis ricciardi | board member Trustee or director | 1 | $0 | $0 |
| Bruce Rosenblatt | board member Trustee or director | 1 | $0 | $0 |
| paul saccone | board member Trustee or director | 1 | $0 | $0 |
| MICHAEL TUSIANI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| geoffrey wilkinson | board member Trustee or director | 1 | $0 | $0 |
| jonathan DPoor | board member Trustee or director | 1 | $0 | $0 |
| jeffrey fhamel | board member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ELIZABETH SIMMONS | VICE PRESIDENT OF EXTERNAL AFFAIRS Trustee or director | 1 | $0 | $175,238 |
| BRENDAN O'CONNOR | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM WALKER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JAMES SANISLOW | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MARTIN CONROY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WALTER CZERNY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT DELHOME | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM DICROCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN FOURNIER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN GALLAGHER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM GARDNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TIMOTHY GRIFFIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PENELOPE HARE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DENNIS HOUSTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM KELLEY JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GERHARD KURZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PETER LAWRENCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD LYALL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN MCKIM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID MIK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LOUIS RICCIARDI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRUCE ROSENBLATT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAUL SACCONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL TUSIANI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GEOFFREY WILKINSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 ACADEMY DR, BUZZARDS BAY, MA 02532-3405
- In care of
- % ROSE-MARIE CASS
- Principal officer (990 for 2024)
- Elizabeth Simmons, 101 Academy Drive, Buzzards Bay, MA 025321803
- Signed the 990
- Elizabeth Simmons, VP OF EXT AFFAIRS
- Phone
- (508) 830-5099
- Website
- WWW.MARITIME.EDU
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
TO PROVIDE SCHOLORSHIPS AND CONTRIBUTIONS IN SUPPORT OF MASSACHUSETTS MARITIME ACADEMY.
Program accomplishments
- SCHOLARSHIPS AWARDED TO ACADEMY STUDENTS AND EXPENSES RELATED TO RECEIVING AND ACCOUNTING FOR DONATIONS.Expenses $3,960,853 · grants $3,960,853
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7025807
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1969
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42I)
- Assets (IRS master file)
- $77,850,041
- Income (IRS master file)
- $25,687,141
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,300,957 | $4,247,201 | $77,850,041 | XML |
| 990 | June 2024 | $14,533,512 | $6,639,486 | $71,033,076 | XML |
| 990 | June 2023 | $12,570,673 | $1,718,023 | $56,074,263 | XML |
| 990 | June 2022 | $7,083,053 | $1,459,370 | $42,100,464 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 23-7025807).
Questions about MA MARITIME ACADEMY FOUNDATION INC
- What is the EIN of MA MARITIME ACADEMY FOUNDATION INC?
- The employer identification number (EIN) of MA MARITIME ACADEMY FOUNDATION INC is 23-7025807.
- Is MA MARITIME ACADEMY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to MA MARITIME ACADEMY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MA MARITIME ACADEMY FOUNDATION 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 MA MARITIME ACADEMY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MA MARITIME ACADEMY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MA MARITIME ACADEMY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Elizabeth Simmons.
- Who are the officers and directors of MA MARITIME ACADEMY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
- How much revenue does MA MARITIME ACADEMY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,300,957, expenses of $4,247,201 and total assets of $77,850,041 at year end.
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