Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
EIN 88-2889175 • 501(c)6 • Houston, TX
Profile
Bimco's mission to be at the forefront of global developments in shipping, providing expert knowledge, training,education, and practical advice to safeguard and add value to our members' businesses.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
99th percentile
Higher top officer pay than 99% of similar nonprofits.
Top officer pay equals 49.3% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Assets
$103,144
No earlier filing loaded for comparison.
Liabilities
$103,144
No earlier filing loaded for comparison.
Net Assets
$0
No earlier filing loaded for comparison.
Revenue
$371,436
No earlier filing loaded for comparison.
Expenses
$371,436
No earlier filing loaded for comparison.
Net Income
$0
No earlier filing loaded for comparison.
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Bimco's mission to be at the forefront of global developments in shipping, providing expert knowledge, training,education, and practical advice to safeguard and add value to our members' businesses.
To be at the forefront of global developments in shipping, providing expert knowledge, training, education, and practical advice to safeguard and add value to our members' businesses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $85,112 | $103,144 | ▲ $18,032 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $85,112 | $103,144 | ▲ $18,032 |
| Liabilities | |||
| Other Liabilities | $85,112 | $103,144 | ▲ $18,032 |
| Total Liabilities | $85,112 | $103,144 | ▲ $18,032 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $0 | $0 | → $0 |
| Total Liabilities and Net Assets / Fund Balance | $85,112 | $103,144 | ▲ $18,032 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Thomas Damsgard | Chair | FT | $147,050 | $30,500 | $177,550 |
| Name | Title |
|---|---|
| Michael Lund | Secretary |
| Mai Vedel | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $283,239 |
| Other Expenses | $88,197 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $283,239 | - | - | $283,239 |
| Travel | $42,277 | - | - | $42,277 |
| Occupancy | $19,922 | - | - | $19,922 |
| Fees for Services Accounting | $5,175 | - | - | $5,175 |
| Other Expenses | $1,575 | - | - | $1,575 |
| Office Expenses | $445 | $444 | - | $889 |
| All Other Expenses | $823 | - | - | $823 |
| Advertising | $793 | - | - | $793 |
| Total Functional Expenses | $370,992 | $444 | $0 | $371,436 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Intercompany Account Bimco | $100,913 |
| Creditors | $2,231 |
“Bimco is a membership association. The requirements for entities to qualify for membership of bimco are set out in rule 5 (membership) of the bimco rules which also lists the different categories of members, i.e. Owner, broker, agency, club and associate. Admittance as member is subject to vetting and approval of bimco's executive committee. All membership is on a voluntary basis.”
“The governing body reviews the completed 990 prior to filling.”
“Bimco's conflict of interest policy is included in the code of ethics and compliance with the code of ethics is monitered and enforced by the directors.”
“Annual review by parent company in accordance with employment terms and performance review.”
“The organization does not make the governing documents, conflict of interest policy or financial statements available to the public. The form 990 is available for public inspection upon written request.”
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/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO BE AT THE FOREFRONT OF GLOBAL DEVELOPMENTS IN SHIPPING, PROVIDING EXPERT KNOWLEDGE, TRAINING, EDUCATION, AND PRACTICAL ADVICE TO SAFEGUARD AND ADD VALUE TO OUR MEMBERS' BUSINESSES. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 793 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 793 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 823 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 823 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | THOMAS DAMSGAARD |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7135019800 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 12848 QUEENSBURY LANE SUITE 208 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HOUSTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77024 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 85112 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 103144 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 88197 |
| IRS990/CYOtherRevenueAmt | 0 | 3221 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 368215 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 283239 |
| IRS990/CYTotalExpensesAmt | 0 | 371436 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 371436 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | SERVICES AND PRODUCTS INTENDED TO IMPROVE THE INDUSTRY BUSINESS CONDITIONS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 370992 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 5175 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5175 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 30500 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | THOMAS DAMSGARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MAI VEDEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL LUND |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 147050 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2022 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 371436 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | BIMCO'S MISSION TO BE AT THE FOREFRONT OF GLOBAL DEVELOPMENTS IN SHIPPING, PROVIDING EXPERT KNOWLEDGE, TRAINING,EDUCATION, AND PRACTICAL ADVICE TO SAFEGUARD AND ADD VALUE TO OUR MEMBERS' BUSINESSES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 19922 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 19922 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 444 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 445 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 889 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | STAFF EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | SALARY ADMIN FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 8871 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5024 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2848 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1575 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8871 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5024 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2848 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1575 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 85112 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 103144 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 561499 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | FINANCE INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3221 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3221 |
| IRS990/OtherRevenueTotalAmt | 0 | 3221 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 283239 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 283239 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | THOMAS DAMSGAARD |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MEMBERSHIP FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 368215 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 368215 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 82183 |
| IRS990/PYOtherRevenueAmt | 0 | 211 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 340944 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 258972 |
| IRS990/PYTotalExpensesAmt | 0 | 341155 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 341155 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 0 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 371436 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 100913 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 2231 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | INTERCOMPANY ACCOUNT BIMCO |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | CREDITORS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 103144 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 147050 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 30500 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | THOMAS DAMSGARD |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 177550 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BIMCO IS A MEMBERSHIP ASSOCIATION. THE REQUIREMENTS FOR ENTITIES TO QUALIFY FOR MEMBERSHIP OF BIMCO ARE SET OUT IN RULE 5 (MEMBERSHIP) OF THE BIMCO RULES WHICH ALSO LISTS THE DIFFERENT CATEGORIES OF MEMBERS, I.E. OWNER, BROKER, AGENCY, CLUB AND ASSOCIATE. ADMITTANCE AS MEMBER IS SUBJECT TO VETTING AND APPROVAL OF BIMCO'S EXECUTIVE COMMITTEE. ALL MEMBERSHIP IS ON A VOLUNTARY BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE GOVERNING BODY REVIEWS THE COMPLETED 990 PRIOR TO FILLING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BIMCO'S CONFLICT OF INTEREST POLICY IS INCLUDED IN THE CODE OF ETHICS AND COMPLIANCE WITH THE CODE OF ETHICS IS MONITERED AND ENFORCED BY THE DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ANNUAL REVIEW BY PARENT COMPANY IN ACCORDANCE WITH EMPLOYMENT TERMS AND PERFORMANCE REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION DOES NOT MAKE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 85112 |
| IRS990/TotalAssetsEOYAmt | 0 | 103144 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 85112 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 103144 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 444 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 370992 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 371436 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 85112 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 103144 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 85112 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 103144 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 0 |
| IRS990/TotalOtherCompensationAmt | 0 | 30500 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 370992 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 368215 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 147050 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 371436 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 371436 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 85112 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 103144 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 42277 |
| IRS990/TravelGrp/TotalAmt | 0 | 42277 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 12848 QUEENBURY LANE SUITE 208 |
| IRS990/USAddress/CityNm | 0 | HOUSTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 77024 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | BIMCO.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS DAMSGAARD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7135019800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BIMCO AMERICAS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BIMC |
| ReturnHeader/Filer/EIN | 0 | 882889175 |
| ReturnHeader/Filer/PhoneNum | 0 | 7135019800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 12848 QUEENBURY LANE SUITE 208 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77024 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760689865 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ABIP PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1717 SAINT JAMES PLACE STE 500 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOUSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77056 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7139542002 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TERRI BRECHTER CPA |
| ReturnHeader/ReturnTs | 0 | 2025-07-23T14:21:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
No mirrored PDF or thumbnail assets are attached yet.
Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits
Babson Park, FL
View Organization501(c)6
Revenue vs current organization
41% lowerAssets vs current organization
260% higherNew Smyrna Beach, FL
View Organization501(c)6
Revenue vs current organization
About the sameAssets vs current organization
84% higherGrayslake, IL
View Organization501(c)6
Revenue vs current organization
73% lowerAssets vs current organization
260% higherOld Greenwich, CT
View Organization501(c)6
Revenue vs current organization
5.9% lowerAssets vs current organization
260% higher