Civic Intelligence

Worldscale Association (Nyc) Inc

EIN 13-2726793 • 501(c)6 • New York, NY

View Organization Page

Profile

The mission of the Organization is to analyze shipping costs and publish its findings for subscribing members of the shipping cost industry.

Refreshing map…

15 Maiden Lane 505New York, NY 10038

www.worldscale-usa.com

Siviq Scores

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

Liabilities / Assets

81st percentile

0.45x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

0.95x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

52nd percentile

5.1%

Higher net margin than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

85th percentile

$281,500

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

54th percentile

6.5%

Faster asset growth than 54% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$3,858,278

Down $20,171 (-0.5%) from 2023

Liabilities

Up

$1,826,358

Up $75,233 (+4.3%) from 2023

Net Assets

Down

$2,031,920

Down $95,404 (-4.5%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin52nd percentile

Revenue

Up

$1,675,422

Up $248,296 (+17%) from 2023

Expenses

Down

$1,807,952

Down $14,853 (-0.8%) from 2023

Net Income

Up

-$132,530

Up $263,149 (+67%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $5,224,041Liabilities 2011: $1,104,073Net Assets 2011: $4,119,9682011Assets 2012: $5,591,307Liabilities 2012: $1,124,325Net Assets 2012: $4,466,9822012Assets 2013: $5,901,381Liabilities 2013: $1,152,031Net Assets 2013: $4,749,3502013Assets 2014: $6,212,640Liabilities 2014: $1,369,334Net Assets 2014: $4,843,3062014Assets 2015: $5,999,938Liabilities 2015: $1,164,667Net Assets 2015: $4,835,2712015Assets 2016: $5,806,862Liabilities 2016: $1,205,589Net Assets 2016: $4,601,2732016Assets 2017: $5,649,353Liabilities 2017: $1,214,857Net Assets 2017: $4,434,4962017Assets 2018: $5,083,293Liabilities 2018: $1,397,767Net Assets 2018: $3,685,5262018Assets 2019: $4,888,014Liabilities 2019: $1,275,531Net Assets 2019: $3,612,4832019Assets 2020: $4,635,181Liabilities 2020: $1,221,245Net Assets 2020: $3,413,9362020Assets 2021: $4,064,845Liabilities 2021: $1,006,285Net Assets 2021: $3,058,5602021Assets 2022: $4,101,775Liabilities 2022: $1,783,118Net Assets 2022: $2,318,6572022Assets 2023: $3,878,449Liabilities 2023: $1,751,125Net Assets 2023: $2,127,3242023Assets 2024: $3,858,278Liabilities 2024: $1,826,358Net Assets 2024: $2,031,9202024

Highlighted filing

2024

Assets$3,858,278
Liabilities$1,826,358
Net Assets$2,031,920
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $991,0972011Expenses 2012: $1,036,5702012Revenue 2013: $1,391,998Expenses 2013: $1,084,870Net Income 2013: $307,1282013Revenue 2014: $1,347,651Expenses 2014: $1,248,295Net Income 2014: $99,3562014Revenue 2015: $1,444,547Expenses 2015: $1,277,073Net Income 2015: $167,4742015Revenue 2016: $1,415,204Expenses 2016: $1,790,595Net Income 2016: -$375,3912016Revenue 2017: $1,640,856Expenses 2017: $1,762,018Net Income 2017: -$121,1622017Revenue 2018: $1,241,359Expenses 2018: $1,795,917Net Income 2018: -$554,5582018Revenue 2019: $1,342,623Expenses 2019: $1,905,764Net Income 2019: -$563,1412019Revenue 2020: $1,521,744Expenses 2020: $1,805,654Net Income 2020: -$283,9102020Revenue 2021: $1,511,407Expenses 2021: $1,781,247Net Income 2021: -$269,8402021Revenue 2022: $1,283,281Expenses 2022: $1,706,048Net Income 2022: -$422,7672022Revenue 2023: $1,427,126Expenses 2023: $1,822,805Net Income 2023: -$395,6792023Revenue 2024: $1,675,422Expenses 2024: $1,807,952Net Income 2024: -$132,5302024

Highlighted filing

2024

Revenue$1,675,422
Expenses$1,807,952
Net Income-$132,530
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,858,278
Liabilities
$1,826,358
Net assets
$2,031,920
Revenue
$1,675,422
Expenses
$1,807,952
Net income
-$132,530
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$1.83$2.03$1.68$1.81$0.13
2023Detailed filing. Detailed filing data is available for this year.$3.88$1.75$2.13$1.43$1.82$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.10$1.78$2.32$1.28$1.71$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$1.01$3.06$1.51$1.78$0.27
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$1.22$3.41$1.52$1.81$0.28
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$1.28$3.61$1.34$1.91$0.56
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.08$1.40$3.69$1.24$1.80$0.55
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.65$1.21$4.43$1.64$1.76$0.12
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$1.21$4.60$1.42$1.79$0.38
2015Detailed filing. Detailed filing data is available for this year.$6.00$1.16$4.84$1.44$1.28$0.17
2014Detailed filing. Detailed filing data is available for this year.$6.21$1.37$4.84$1.35$1.25$0.10
2013Detailed filing. Detailed filing data is available for this year.$5.90$1.15$4.75$1.39$1.08$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$1.12$4.47$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$1.10$4.12$0.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 25, 2025
Return Version
2024v5.1
Gross Receipts
$2,909,361
Mission and Program Overview

Mission

The mission of the organization is to analyze shipping costs and publish its findings for subscribing members of the shipping industry.

To analyze shipping costs and publish its findings for subscribing members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,360,221$2,628,589▲ $268,368
Cash and Non-Interest-Bearing Accounts$465,380$460,700▼ $4,680
Savings and Temporary Cash Investments$500,000$300,871▼ $199,129
Prepaid Expenses and Deferred Charges$29,304$24,649▼ $4,655
Land, Buildings, and Equipment, Net$10,004$3,337▼ $6,667
Total Assets$3,878,449$3,858,278▼ $20,171
Other Assets Total$513,540$440,132▼ $73,408
Liabilities
Deferred Revenue$1,138,065$1,312,141▲ $174,076
Other Liabilities$496,590$426,483▼ $70,107
Accounts Payable and Accrued Expenses$116,470$87,734▼ $28,736
Total Liabilities$1,751,125$1,826,358▲ $75,233
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,127,324$2,031,920▼ $95,404
Total Net Assets Fund Balance$2,127,324$2,031,920▼ $95,404
Total Liabilities and Net Assets / Fund Balance$3,878,449$3,858,278▼ $20,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,337$32,232$35,569
Other Assets Org$409,494--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas CummingExecutive DirectorFT$177,104$125,404$302,508
Elenor McgortyOperations DirectorFT$117,103$99,374$216,477
Famatta FreemanManager of Rates & SystemsFT$114,946$29,032$143,978
Basil G MavroleonChairman/president-$5,000-$5,000
Bruce SullivanVice Chairman/vice-president-$5,000-$5,000
Christoper C YoungTreasurer-$5,000-$5,000
Peter Howard-johnson JrSecretary-$5,000-$5,000
Clare SchmidtDirector-$5,000-$5,000
John StichterDirector-$5,000-$5,000
Neil MulhernDirector-$5,000-$5,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,557,020
Investment Income
$118,002
Other Revenue
$400
Change in Net Assets
$-132,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,231,427
Other Expenses$542,775
Grants and Similar Amounts Paid$33,750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$478,793
Current Officers, Directors, Trustees, and Key Employees---$404,908
Other Employee Benefits---$210,859
Other Expenses---$101,802
Occupancy---$93,470
Pension Plan Contributions---$74,200
Payroll Taxes---$62,667
Insurance---$55,601
Office Expenses---$54,097
Grants to Domestic Orgs---$33,750
Fees for Services Accounting---$22,229
Fees for Service Investment Mgmnt Fees---$16,402
Travel---$8,616
Fees for Services Other---$7,865
Depreciation Depletion---$6,667
Fees for Services Legal---$5,660
Conferences and Meetings---$2,857
Total Functional Expenses$0$0$0$1,807,952
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Coast Guard FoundationStonington, CT501(c)(3)General Support$10,000
Maritime AquariumNorwalk, CT501(c)(3)General Support$7,500
Cma Education FoundationStamford, CT501(c)(3)General Support$5,000
Seamans Church InstituteNew York, NY501(c)(3)General Support$5,000
North Amercian Maritime Ministry Associations (namma)Reading, MA501(c)(3)General Support$2,500
North American Marine Environment Protection AssociationWeston, CT501(c)(3)General Support$1,250
Suny Maritime FoundationBronx, NY501(c)(3)General Support$1,250
United States Merchant Marine Acadamy Alumni AssociationKings Point, NY501(c)(3)General Support$1,250
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$426,483
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The corporation has one class of members. Membership is limited to persons holding responsible positions in firms involved in the business of chartering tanker vessels, and who are committed to upholding the worldscale system as a fair and impartial schedule of costs without showing favoritism to any segment of the industry.”

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

“The members elect the directors at the annual meeting.”

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

“After approval by management and the board chairman, the completed form 990 is distributed to all board members prior to filing.”

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

“Worldscale provides an annual conflict of interest policy/disclosure agreement to the board members and officers for signature. All potential or actual conflicts of interest are dealt with accordingly.”

Form 990, Part VI, Section B, Line 15

“The executive director's and operations director's salaries are determined and approved by the entire board, based on comparability data. Discussions and approvals are appropriately documented. There are no other key employees.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Worldscale Association (nyc) Inc
EIN
13-2726793
Phone
2124222786
Address
15 MAIDEN LANE 505, NEW YORK, NY 10038

Signing Officer

Name
Thomas Cumming
Title
Executive Director
Phone
2124222786
Signed
2025-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Cumming
Formed
1972
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
0

Preparer

Firm
Presti & Naegele LLC
Address
225 WEST 35TH STREET 5TH FLOOR, NEW YORK, NY 10001
Preparer
Annemarie Aguanno CPA
Phone
2127360055
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board reviews the compilation annually every year.”

Raw XML AppendixShowing 400 of 486 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0116470
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt087734
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ANALYZE SHIPPING COSTS AND PUBLISH ITS FINDINGS FOR SUBSCRIBING MEMBERS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS CUMMING
IRS990/BooksInCareOfDetail/PhoneNum02124222786
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015 MAIDEN LANE 505
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010038
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0465380
IRS990/CashNonInterestBearingGrp/EOYAmt0460700
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0404908
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt02857
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt033750
IRS990/CYInvestmentIncomeAmt0118002
IRS990/CYOtherExpensesAmt0542775
IRS990/CYOtherRevenueAmt0400
IRS990/CYProgramServiceRevenueAmt01557020
IRS990/CYRevenuesLessExpensesAmt0-132530
IRS990/CYSalariesCompEmpBnftPaidAmt01231427
IRS990/CYTotalExpensesAmt01807952
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01675422
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01138065
IRS990/DeferredRevenueGrp/EOYAmt01312141
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt06667
IRS990/Desc0WORLDSCALE ASSOCIATION (NYC), INC. PROVIDES A SERVICE TO THE MARITIME SECTOR OF THE OIL INDUSTRY BY CALCULATING INTERNATIONAL FREIGHT RATES BASED ON THE STIPULATED WORLDSCALE FORMULA. THE ORGANIZATON PROVIDES THESE NOMINAL FREIGHT RATES AS A STANDARD OF REFERENCE TO THOSE SUBSCRIBING TO THE SERVICE OF THE ASSOCIATON BY UPLOADING THE CALCULATED RATES TO ITS WEBSITE. WORLDSCALE ASSOCIATION (NYC) CURRENTLY HAS APPROXIMATELY 200 PAID SUBSCRIBERS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt022229
IRS990/FeesForServicesLegalGrp/TotalAmt05660
IRS990/FeesForServicesOtherGrp/TotalAmt07865
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt016402
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt770404
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt864374
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt929032
IRS990/Form990PartVIISectionAGrp/PersonNm0BASIL G MAVROLEON
IRS990/Form990PartVIISectionAGrp/PersonNm1BRUCE SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRISTOPER C YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm3PETER HOWARD-JOHNSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm4CLARE SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN STICHTER
IRS990/Form990PartVIISectionAGrp/PersonNm6NEIL MULHERN
IRS990/Form990PartVIISectionAGrp/PersonNm7THOMAS CUMMING
IRS990/Form990PartVIISectionAGrp/PersonNm8ELENOR MCGORTY
IRS990/Form990PartVIISectionAGrp/PersonNm9FAMATTA FREEMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt35000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt45000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt55000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt65000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7232104
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8152103
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9114946
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN/VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8OPERATIONS DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9MANAGER OF RATES & SYSTEMS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt026410
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/TotalAmt033750
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01260349
IRS990/GrossReceiptsAmt02909361
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt055601
IRS990/InvestmentIncomeGrp/ExclusionAmt091592
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt091592
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02360221
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02628589
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032232
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010004
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03337
IRS990/LandBldgEquipCostOrOtherBssAmt035569
IRS990/LegalDomicileStateCd0DE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01233939
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO ANALYZE SHIPPING COSTS AND UPLOAD ITS FINDINGS FOR SUBSCRIBING MEMBERS OF THE SHIPPING INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02127324
IRS990/NetAssetsOrFundBalancesEOYAmt02031920
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt026410
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt026410
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt037126
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02127324
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02031920
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt093470
IRS990/OfficeExpensesGrp/TotalAmt054097
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0513540
IRS990/OtherAssetsTotalGrp/EOYAmt0440132
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0210859
IRS990/OtherExpensesGrp/Desc0PRODUCTION COSTS
IRS990/OtherExpensesGrp/Desc1LICENSING FEES
IRS990/OtherExpensesGrp/TotalAmt0167509
IRS990/OtherExpensesGrp/TotalAmt1101802
IRS990/OtherLiabilitiesGrp/BOYAmt0496590
IRS990/OtherLiabilitiesGrp/EOYAmt0426483
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0400
IRS990/OtherRevenueTotalAmt0400
IRS990/OtherSalariesAndWagesGrp/TotalAmt0478793
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt062667
IRS990/PensionPlanContributionsGrp/TotalAmt074200
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029304
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024649
IRS990/PrincipalOfficerNm0THOMAS CUMMING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SUBSCRIPTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01557020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01557020
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt036365
IRS990/PYInvestmentIncomeAmt03240
IRS990/PYOtherExpensesAmt0510079
IRS990/PYOtherRevenueAmt0403
IRS990/PYProgramServiceRevenueAmt01423783
IRS990/PYRevenuesLessExpensesAmt0-395379
IRS990/PYSalariesCompEmpBnftPaidAmt01276361
IRS990/PYTotalExpensesAmt01822805
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01427426
IRS990/ReconcilationRevenueExpnssAmt0-132530
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0500000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300871
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03337
IRS990ScheduleD/BuildingsGrp/DepreciationAmt032232
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt035569
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012256
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt118382
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2409494
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OPERATING LEASE RIGHT OF USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0426483
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03337
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0440132
IRS990ScheduleD/TotalLiabilityAmt0426483
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01250
IRS990ScheduleI/RecipientTable/CashGrantAmt11250
IRS990ScheduleI/RecipientTable/CashGrantAmt21250
IRS990ScheduleI/RecipientTable/CashGrantAmt32500
IRS990ScheduleI/RecipientTable/CashGrantAmt45000
IRS990ScheduleI/RecipientTable/CashGrantAmt55000
IRS990ScheduleI/RecipientTable/CashGrantAmt67500
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SUNY MARITIME FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UNITED STATES MERCHANT MARINE ACADAMY ALUMNI ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NORTH AMERICAN MARINE ENVIRONMENT PROTECTION ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3NORTH AMERCIAN MARITIME MINISTRY ASSOCIATIONS (NAMMA)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CMA EDUCATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5SEAMANS CHURCH INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6MARITIME AQUARIUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7COAST GUARD FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0473560167
IRS990ScheduleI/RecipientTable/RecipientEIN1116037948
IRS990ScheduleI/RecipientTable/RecipientEIN2371552329
IRS990ScheduleI/RecipientTable/RecipientEIN3237065131
IRS990ScheduleI/RecipientTable/RecipientEIN4275437946
IRS990ScheduleI/RecipientTable/RecipientEIN5135562356
IRS990ScheduleI/RecipientTable/RecipientEIN6061062912
IRS990ScheduleI/RecipientTable/RecipientEIN7042899862
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06 PENNYFIELD AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1300 STEAMBOAT ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt221 DAVIS HILL ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3123 HAVEN STREET PO BOX 160
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4100 FIRST STAMFORD PLACE SUITE 600
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt550 BROADWAY FLOOR 26
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt610 NORTH WATER STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7354 TAUGWONK ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BRONX
IRS990ScheduleI/RecipientTable/USAddress/CityNm1KINGS POINT
IRS990ScheduleI/RecipientTable/USAddress/CityNm2WESTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm3READING
IRS990ScheduleI/RecipientTable/USAddress/CityNm4STAMFORD
IRS990ScheduleI/RecipientTable/USAddress/CityNm5NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm6NORWALK
IRS990ScheduleI/RecipientTable/USAddress/CityNm7STONINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7CT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010465
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd111024
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd206883
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd301867
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd406902
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd510004
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd606584
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd706378
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WORLDSCALE ONLY PROVIDES FUNDING FOR 501(C)(3) OR 501(C)(6) ORGANIZATIONS THAT PROVIDE A SERVICE TO THE MARINE INDUSTRY. WHEN POSSIBLE, WE REQUEST THAT FUNDS BE USED FOR TEACHING AND/OR STUDY PROGRAMS FOR THE YOUNG.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt08
IRS990ScheduleI/TotalOtherOrgCnt08
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0177104
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1117103
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount055000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount135000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt018000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt112000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt052404
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt152374
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS CUMMING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ELENOR MCGORTY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1OPERATIONS DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0302508
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1216477
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ONE CLASS OF MEMBERS. MEMBERSHIP IS LIMITED TO PERSONS HOLDING RESPONSIBLE POSITIONS IN FIRMS INVOLVED IN THE BUSINESS OF CHARTERING TANKER VESSELS, AND WHO ARE COMMITTED TO UPHOLDING THE WORLDSCALE SYSTEM AS A FAIR AND IMPARTIAL SCHEDULE OF COSTS WITHOUT SHOWING FAVORITISM TO ANY SEGMENT OF THE INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS ELECT THE DIRECTORS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AFTER APPROVAL BY MANAGEMENT AND THE BOARD CHAIRMAN, THE COMPLETED FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • $1M-$5M nonprofits