Civic Intelligence

National Marine Electronics Association

EIN 51-0137740 • 501(c)6 • Severna Park, MD

Profile

Promote the technical marine electronics dealer through education, communication, training, and certification and to promote good business mananagement and fair business practices among its members.

846 Ritchie Hwy L4 104Severna Park, MD 21146

www.nmea.org

Siviq Scores

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

Liabilities / Assets

41st percentile

0.10x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.06x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

19th percentile

-6.4%

Higher net margin than 19% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

15th percentile

-8.7%

Faster asset growth than 15% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

8.5%

Faster revenue growth than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$931,744

Down $56,556 (-5.7%) from 2023

Liabilities

Up

$98,305

Up $3,841 (+4.1%) from 2023

Net Assets

Down

$833,439

Down $60,397 (-6.8%) from 2023

Operations
Liabilities / Revenue32nd percentileNet Margin19th percentile

Revenue

Up

$1,665,532

Up $34,264 (+2.1%) from 2023

Expenses

Down

$1,725,929

Down $10,454 (-0.6%) from 2023

Net Income

Up

-$60,397

Up $44,718 (+43%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $469,220Liabilities 2011: $21,326Net Assets 2011: $447,8942011Assets 2012: $380,919Liabilities 2012: $1,693Net Assets 2012: $379,2262012Assets 2013: $400,617Liabilities 2013: $26,634Net Assets 2013: $373,9832013Assets 2014: $563,192Liabilities 2014: $30,343Net Assets 2014: $532,8492014Assets 2015: $715,681Liabilities 2015: $26,360Net Assets 2015: $689,3212015Assets 2016: $905,832Liabilities 2016: $51,150Net Assets 2016: $854,6822016Assets 2017: $1,124,935Liabilities 2017: $35,613Net Assets 2017: $1,089,3222017Assets 2018: $1,201,015Liabilities 2018: $48,435Net Assets 2018: $1,152,5802018Assets 2019: $1,270,701Liabilities 2019: $56,753Net Assets 2019: $1,213,9482019Assets 2020: $1,421,324Liabilities 2020: $41,111Net Assets 2020: $1,380,2132020Assets 2021: $1,402,934Liabilities 2021: $101,915Net Assets 2021: $1,301,0192021Assets 2022: $1,082,344Liabilities 2022: $83,393Net Assets 2022: $998,9512022Assets 2023: $988,300Liabilities 2023: $94,464Net Assets 2023: $893,8362023Assets 2024: $931,744Liabilities 2024: $98,305Net Assets 2024: $833,4392024

Highlighted filing

2024

Assets$931,744
Liabilities$98,305
Net Assets$833,439
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $932,4702011Revenue 2012: $869,827Expenses 2012: $938,495Net Income 2012: -$68,6682012Revenue 2013: $868,717Expenses 2013: $873,960Net Income 2013: -$5,2432013Revenue 2014: $928,078Expenses 2014: $769,212Net Income 2014: $158,8662014Revenue 2015: $973,913Expenses 2015: $817,441Net Income 2015: $156,4722015Revenue 2016: $1,120,823Expenses 2016: $955,462Net Income 2016: $165,3612016Revenue 2017: $1,299,947Expenses 2017: $1,065,307Net Income 2017: $234,6402017Revenue 2018: $1,230,321Expenses 2018: $1,167,063Net Income 2018: $63,2582018Revenue 2019: $1,407,017Expenses 2019: $1,345,649Net Income 2019: $61,3682019Revenue 2020: $1,066,689Expenses 2020: $900,424Net Income 2020: $166,2652020Revenue 2021: $1,309,113Expenses 2021: $1,388,307Net Income 2021: -$79,1942021Revenue 2022: $1,502,874Expenses 2022: $1,804,942Net Income 2022: -$302,0682022Revenue 2023: $1,631,268Expenses 2023: $1,736,383Net Income 2023: -$105,1152023Revenue 2024: $1,665,532Expenses 2024: $1,725,929Net Income 2024: -$60,3972024

Highlighted filing

2024

Revenue$1,665,532
Expenses$1,725,929
Net Income-$60,397
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$931,744
Liabilities
$98,305
Net assets
$833,439
Revenue
$1,665,532
Expenses
$1,725,929
Net income
-$60,397
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.93$0.10$0.83$1.67$1.73$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.09$0.89$1.63$1.74$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.08$0.08$1.00$1.50$1.80$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.10$1.30$1.31$1.39$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.04$1.38$1.07$0.90$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.27$0.06$1.21$1.41$1.35$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.05$1.15$1.23$1.17$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.12$0.04$1.09$1.30$1.07$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.05$0.85$1.12$0.96$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.03$0.69$0.97$0.82$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$0.93$0.77$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.03$0.37$0.87$0.87$0.01
2012Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.87$0.94$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.02$0.45$0.93
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.1
Gross Receipts
$1,665,532
Mission and Program Overview

Mission

Promote the technical marine electronics dealer through education, communication, training, and certification and to promote good business mananagement and fair business practices among its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$893,836$833,439▼ $60,397
Savings and Temporary Cash Investments$815,768$788,145▼ $27,623
Prepaid Expenses and Deferred Charges$41,194$51,694▲ $10,500
Accounts Receivable$68,288$30,241▼ $38,047
Cash and Non-Interest-Bearing Accounts$20,700$16,310▼ $4,390
Inventories for Sale or Use$2,833$5,737▲ $2,904
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$988,300$931,744▼ $56,556
Other Assets Total$39,517$39,617▲ $100
Liabilities
Deferred Revenue$56,998$89,673▲ $32,675
Accounts Payable and Accrued Expenses$11,419$6,231▼ $5,188
Other Liabilities$26,047$2,401▼ $23,646
Total Liabilities$94,464$98,305▲ $3,841
Net Assets / Fund Balance
Total Net Assets Fund Balance$893,836$833,439▼ $60,397
Total Liabilities and Net Assets / Fund Balance$988,300$931,744▼ $56,556

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$16,461$16,461
Other Land Buildings-$6,349$6,349
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Mark ReedenauerExecutive DirectorFT$136,559$136,559

Board Members and Trustees

NameTitle
Brian KaneChairperson
Steve KatzFirstPast Chair
Richard BakerViceChairperson
Allen SchneiderDirector
Freddie FowlerDirector
Kevin KriegelDirector
Mark RocheDirector
Mike ReimerDirector
Rob AbbottDirector
Ryan MartinDirector
Tim BanaszakDirector
Tom MilanetteDirector
Vince DonatiniDirector
Mark S OslundEmployee
Jim GeorgeSecretary
Brian SwankeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,179,430
Investment Income
$32,644
Other Revenue
$453,458
Change in Net Assets
$-60,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,322,430
Salaries, Compensation, and Employee Benefits$403,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$321,908$35,767-$357,675
Current Officers, Directors, Trustees, and Key Employees$78,050$151,509-$229,559
Other Salaries and Wages$49,271$95,643-$144,914
Fees for Services Other$130,776$5,449-$136,225
All Other Expenses$112,489$18,949-$131,438
Other Expenses$49,945$2,081-$52,026
Insurance$33,347$1,390-$34,737
Advertising$28,427$1,184-$29,611
Payroll Taxes$9,869$19,157-$29,026
Occupancy$9,307$18,065-$27,372
Travel$18,963--$18,963
Fees for Services Legal$10,749$2,687-$13,436
Fees for Services Accounting$5,113$5,113-$10,226
Office Expenses$4,002$167-$4,169
Total Functional Expenses$1,213,153$512,776$0$1,725,929
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$2,401
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“The bylaws were amended to remove the reference to Regional Directors as they will not be used. The more general term "director" allows the NMEA Board and Membership to vote in directors not limited to geography. Additionally the requirement for an International Director was removed from the bylaws.”

Form 990, Part VI, Section A, Line 6

“The organization's members are committed to promote good business management and fair business practices, to encourge the industry to higher highly qualified techinical service personal, and to educate the boating public.”

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

“The board members review the tax return for accuracy before filing.”

Form 990, Part VI, Section C, Line 19

“All of the associations documents are available upon request through the Associations national office.”

Filing and Contact Details

Filer

Filer Name
National Marine Electronics Association
EIN
51-0137740
Phone
4109759425
Address
846 Ritchie Hwy L4 104, Severna Park, MD 21146

Signing Officer

Name
Brian Swanke
Title
Treasurer
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
1,050
Employees
4
Volunteers
28

Preparer

Firm
Gardiner & Appel Group Inc
Address
570 Baltimore Annapolis Blvd, Severna Park, MD 21146
Preparer
Debra L Feather EA
Phone
4106477777
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11FirstPast Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt12ViceChairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Employee
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IRS990/MissionDesc0Promote the technical marine electronics dealer through education, communication, training, and certification and to promote good business mananagement and fair business practices among its members.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt04002
IRS990/OfficeExpensesGrp/TotalAmt04169
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150456
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt114499
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06349
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06349
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The bylaws were amended to remove the reference to Regional Directors as they will not be used. The more general term "director" allows the NMEA Board and Membership to vote in directors not limited to geography. Additionally the requirement for an International Director was removed from the bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's members are committed to promote good business management and fair business practices, to encourge the industry to higher highly qualified techinical service personal, and to educate the boating public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board members review the tax return for accuracy before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All of the associations documents are available upon request through the Associations national office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

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