Civic Intelligence

Rhode Island Marine Trade

EIN 05-0309513 • 501(c)6 • Newport, RI

Profile

Represents all aspects of the recreational boating industry in its home state of rhode island. Rimta is dedicated to growing rhode island's marine trades through advocacy, education, promotion and positioning the ocean state as a worldwide leader in the marine industry.

513 Broadway 320Newport, RI 02840

www.rimta.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.51x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.24x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

27th percentile

-4.5%

Higher net margin than 27% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

41%

Faster asset growth than 92% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

13th percentile

-13%

Faster revenue growth than 13% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$355,692

Up $104,001 (+41%) from 2023

Liabilities

Up

$182,842

Up $138,194 (+310%) from 2023

Net Assets

Down

$172,850

Down $34,193 (-17%) from 2023

Revenue

Down

$776,358

Down $115,428 (-13%) from 2023

Expenses

Down

$810,936

Down $77,502 (-8.7%) from 2023

Net Income

Down

-$34,578

Down $37,926 (-1133%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $284,870Liabilities 2011: $18,789Net Assets 2011: $266,0812011Assets 2012: $262,446Liabilities 2012: $3,655Net Assets 2012: $258,7912012Assets 2013: $258,311Liabilities 2013: $7,135Net Assets 2013: $251,1762013Assets 2014: $296,409Liabilities 2014: $71,650Net Assets 2014: $224,7592014Assets 2015: $351,376Liabilities 2015: $179,560Net Assets 2015: $171,8162015Assets 2016: $308,823Liabilities 2016: $146,057Net Assets 2016: $162,7662016Assets 2017: $473,209Liabilities 2017: $281,213Net Assets 2017: $191,9962017Assets 2018: $318,079Liabilities 2018: $116,745Net Assets 2018: $201,3342018Assets 2019: $310,647Liabilities 2019: $91,817Net Assets 2019: $218,8302019Assets 2020: $316,432Liabilities 2020: $104,424Net Assets 2020: $212,0082020Assets 2021: $284,726Liabilities 2021: $80,442Net Assets 2021: $204,2842021Assets 2022: $280,490Liabilities 2022: $82,927Net Assets 2022: $197,5632022Assets 2023: $251,691Liabilities 2023: $44,648Net Assets 2023: $207,0432023Assets 2024: $355,692Liabilities 2024: $182,842Net Assets 2024: $172,8502024

Highlighted filing

2024

Assets$355,692
Liabilities$182,842
Net Assets$172,850

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $170,9582011Revenue 2012: $345,500Expenses 2012: $352,790Net Income 2012: -$7,2902012Revenue 2013: $330,904Expenses 2013: $338,519Net Income 2013: -$7,6152013Revenue 2014: $789,766Expenses 2014: $816,183Net Income 2014: -$26,4172014Revenue 2015: $1,011,995Expenses 2015: $1,024,327Net Income 2015: -$12,3322015Revenue 2016: $1,331,327Expenses 2016: $1,340,377Net Income 2016: -$9,0502016Revenue 2017: $1,444,737Expenses 2017: $1,415,506Net Income 2017: $29,2312017Revenue 2018: $1,290,622Expenses 2018: $1,281,284Net Income 2018: $9,3382018Revenue 2019: $1,111,956Expenses 2019: $1,094,460Net Income 2019: $17,4962019Revenue 2020: $887,929Expenses 2020: $894,751Net Income 2020: -$6,8222020Revenue 2021: $1,180,549Expenses 2021: $1,187,904Net Income 2021: -$7,3552021Revenue 2022: $762,276Expenses 2022: $758,767Net Income 2022: $3,5092022Revenue 2023: $891,786Expenses 2023: $888,438Net Income 2023: $3,3482023Revenue 2024: $776,358Expenses 2024: $810,936Net Income 2024: -$34,5782024

Highlighted filing

2024

Revenue$776,358
Expenses$810,936
Net Income-$34,578

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.18$0.17$0.78$0.81$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.04$0.21$0.89$0.89$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.08$0.20$0.76$0.76$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.08$0.20$1.18$1.19$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.10$0.21$0.89$0.89$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.31$0.09$0.22$1.11$1.09$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.12$0.20$1.29$1.28$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.28$0.19$1.44$1.42$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.15$0.16$1.33$1.34$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.18$0.17$1.01$1.02$0.01
2014Summary only. Only limited summary data is available for this year.$0.30$0.07$0.22$0.79$0.82$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.25$0.33$0.34$0.01
2012Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$0.35$0.35$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.02$0.27$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jun 3, 2025
Return Version
2023v6.0
Gross Receipts
$776,358
Mission and Program Overview

Mission

Rhode island marine trade association (rimta), a nonprofit private association, represents all aspects of the recreational boating industry in its home state of rhode island. Rimta is dedicated to growing rhode island's marine trades through, advocacy, education, promotion and positioning the ocean state as a worldwide leader in the marine industry.

Vision is to position rhode island marine industry as leaders in our community and our economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$156,035$196,470▲ $40,435
Savings and Temporary Cash Investments-$50,000-
Cash and Non-Interest-Bearing Accounts$81,756$49,951▼ $31,805
Prepaid Expenses and Deferred Charges$6,229$6,728▲ $499
Intangible Assets$5,155--
Inventories for Sale or Use$2,516$2,516→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$251,691$355,692▲ $104,001
Other Assets Total$0$50,027▲ $50,027
Liabilities
Accounts Payable and Accrued Expenses-$104,456-
Other Liabilities$44,648$51,316▲ $6,668
Deferred Revenue-$27,070-
Total Liabilities$44,648$182,842▲ $138,194
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$207,043$172,850▼ $34,193
Total Net Assets Fund Balance$207,043$172,850▼ $34,193
Total Liabilities and Net Assets / Fund Balance$251,691$355,692▲ $104,001

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$5,478$5,478
Other Assets Org$50,027--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brian DursiExecutive DirectorFT$112,058$112,058

Board Members and Trustees

NameTitle
Matthew LeducChairperson
Raymond LeblancPresident
Whitney JonesVice President
Andrew TyskaDirector
Benjamin SorkinDirector
Eric GoetzDirector
Forrest HoxsieDirector
Holly DuffyDirector
John TregenzaDirector
Jonanthan LyonsDirector
Jonathan MendesDirector
Josph MarianiDirector
Michael HarringtonDirector
Richard CromwellDirector
Samuel MooreDirector
Susan DalyDirector
William KenyonDirector
Jay FrechetteSecretary
Paul HardenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$676,465
Program Service Revenue
$99,787
Investment Income
$106
Other Revenue
$0
All Other Contributions
$110,402
Change in Net Assets
$-34,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$477,262
Salaries, Compensation, and Employee Benefits$333,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$175,997
Current Officers, Directors, Trustees, and Key Employees---$115,904
Fees for Services Lobbying---$40,000
Payroll Taxes---$28,366
Occupancy---$19,473
Other Employee Benefits---$13,407
Insurance---$10,265
Office Expenses---$8,683
Fees for Services Other---$7,042
Advertising---$5,083
Other Expenses---$3,041
Conferences and Meetings---$1,387
Total Functional Expenses$0$0$0$810,936
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$40,000
Total Nondeductible Lobbying and Political Cost$40,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Operating$51,316
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The executive committee shall comprise the president, the vice president, the treasurer, the secretary, and the immediate past president (ex-officio) of the association. The executive committee shall meet prior to the board of director meetings, or as needed, to review the day-to-day operations of the association and to ensure that the policies as established by the board of directors are being properly implemented.

Form 990, Part VI, Section A, Line 6

The association in a business member organization.

Form 990, Part VI, Section A, Line 7A

At the annual meeting the members of the association shall receive an action report of officers and committees, elect the officers and directors for the ensuing year, and shall further transact such other business as may properly come before the meeting.

Form 990, Part VI, Section B, Line 11B

The board receives a copy of form 990 and reviews it prior to filing.

Form 990, Part VI, Section B, Line 12C

Executive director monitors, reviews and signs the conflict of interest policy on an annual basis.

Form 990, Part VI, Section B, Line 15A

Compensation process for top official national and local peer executive director salaries are compared using public data available on 990's. The board of directors review and approve the annual budget as well as the executive director performance and establishes the position's salary. The executive director salary is determined by the executive committee and listed in the annual budget for approval by the entire board. Executive director salary is reviewed by the board treasurer in late july, then executive committee in early august and then approved by the entire board in mid to late august of each year. The decision is documented in the board minutes at the passing of the board vote on the entire budget. Discussion takes place prior to the vote. This process was last completed in 2024.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rhode Island Marine Trade Association
EIN
05-0309513
Phone
4013969619
Address
513 BROADWAY 320, NEWPORT, RI 02840

Signing Officer

Name
Brian Dursi
Title
Executive Director
Phone
4013969619
Signed
2025-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Dursi
Formed
2001
Legal Domicile
Ri
Voting Board Members
20
Independent Board Members
19
Employees
3
Volunteers
19

Preparer

Firm
Cliftonlarsonallen Llp
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169
Preparer
Danielle Nihill
Phone
7819821001
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0MEMBER 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.TRAINING 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.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0566063
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0776358
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt010265
IRS990/IntangibleAssetsGrp/BOYAmt05155
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02516
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02516
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0106
IRS990/InvestmentInJointVentureInd00
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IRS990/LandBldgEquipCostOrOtherBssAmt05478
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RIMTA'S MISSION IS TO CHAMPION THE RHODE ISLAND MARINE INDUSTRY THROUGH ADVOCACY, EDUCATION, ENVIRONMENTAL STEWARDSHIP, INNOVATION AND PROMOTION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0207043
IRS990/NetAssetsOrFundBalancesEOYAmt0172850
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0207043
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0172850
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt019473
IRS990/OfficeExpensesGrp/TotalAmt08683
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt050027
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013407
IRS990/OtherExpensesGrp/Desc0EVENTS AND TRAINING
IRS990/OtherExpensesGrp/Desc1BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/TotalAmt0377427
IRS990/OtherExpensesGrp/TotalAmt14861
IRS990/OtherExpensesGrp/TotalAmt23041
IRS990/OtherLiabilitiesGrp/BOYAmt044648
IRS990/OtherLiabilitiesGrp/EOYAmt051316
IRS990/OtherSalariesAndWagesGrp/TotalAmt0175997
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt028366
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06229
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06728
IRS990/PrincipalOfficerNm0BRIAN DURSI
IRS990/PriorPeriodAdjustmentsAmt0385
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP SERVICES
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt131049
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt131049
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0146
IRS990/PYOtherExpensesAmt0575260
IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt03348
IRS990/PYSalariesCompEmpBnftPaidAmt0313178
IRS990/PYTotalExpensesAmt0888438
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0891786
IRS990/ReconcilationRevenueExpnssAmt0-34578
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPERATING RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05478
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051316
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY - OPERATING
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IRS990ScheduleD/TotalLiabilityAmt051316
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE SHALL COMPRISE THE PRESIDENT, THE VICE PRESIDENT, THE TREASURER, THE SECRETARY, AND THE IMMEDIATE PAST PRESIDENT (EX-OFFICIO) OF THE ASSOCIATION. THE EXECUTIVE COMMITTEE SHALL MEET PRIOR TO THE BOARD OF DIRECTOR MEETINGS, OR AS NEEDED, TO REVIEW THE DAY-TO-DAY OPERATIONS OF THE ASSOCIATION AND TO ENSURE THAT THE POLICIES AS ESTABLISHED BY THE BOARD OF DIRECTORS ARE BEING PROPERLY IMPLEMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IN A BUSINESS MEMBER ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE ANNUAL MEETING THE MEMBERS OF THE ASSOCIATION SHALL RECEIVE AN ACTION REPORT OF OFFICERS AND COMMITTEES, ELECT THE OFFICERS AND DIRECTORS FOR THE ENSUING YEAR, AND SHALL FURTHER TRANSACT SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD RECEIVES A COPY OF FORM 990 AND REVIEWS IT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR MONITORS, REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION PROCESS FOR TOP OFFICIAL NATIONAL AND LOCAL PEER EXECUTIVE DIRECTOR SALARIES ARE COMPARED USING PUBLIC DATA AVAILABLE ON 990'S. THE BOARD OF DIRECTORS REVIEW AND APPROVE THE ANNUAL BUDGET AS WELL AS THE EXECUTIVE DIRECTOR PERFORMANCE AND ESTABLISHES THE POSITION'S SALARY. THE EXECUTIVE DIRECTOR SALARY IS DETERMINED BY THE EXECUTIVE COMMITTEE AND LISTED IN THE ANNUAL BUDGET FOR APPROVAL BY THE ENTIRE BOARD. EXECUTIVE DIRECTOR SALARY IS REVIEWED BY THE BOARD TREASURER IN LATE JULY, THEN EXECUTIVE COMMITTEE IN EARLY AUGUST AND THEN APPROVED BY THE ENTIRE BOARD IN MID TO LATE AUGUST OF EACH YEAR. THE DECISION IS DOCUMENTED IN THE BOARD MINUTES AT THE PASSING OF THE BOARD VOTE ON THE ENTIRE BUDGET. DISCUSSION TAKES PLACE PRIOR TO THE VOTE. THIS PROCESS WAS LAST COMPLETED IN 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0RHODE ISLAND MARINE TRADE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RIMTA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0823979153
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ENHANCING RHODE ISLAND MARINE TRADE INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0513 BROADWAY SUITE 320
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEWPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002840
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

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