NATIONAL MARINE ENGINEERS' BENEFICIAL ASSOCIATION

EIN: 136019223

WASHINGTON, DC

Total Revenue
$304,293
Total Expenses
$298,123
Total Assets
$25,685
Net Assets
$21,685
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
DC
Principal Officer
ROLAND REXHA
Phone
2026385355
Tax Period
2024-01-01 to 2024-12-31

NATIONAL MARINE ENGINEERS' BENEFICIAL ASSOCIATION, founded in 1968, is a small nonprofit that reported $304K in total revenue in fiscal year 2024.

Mission

TO REPRESENT MARINE OFFICERS AND OTHER PROFESSIONALS, AND TO ELEVATE AND MAINTAIN THEIR RIGHTS AND ADVANCE AND SAFEGUARD THE ECONOMIC AND WORKING CONDITIONS OF THE MEMBERS AND OTHERWISE LABOR FOR THEIR BETTER PROTECTION AND ADVANCEMENT.

Program Service Accomplishments

Program 1

PROGRAM DESIGNED TO ORGANIZE WORKERS TO PROMOTE BETTER WORKING CONDITION ECONOMIC, AND ADVANCEMENT OPPORTUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $298,018
Investment Income $412
Other Revenue $5,863
TOTAL REVENUE $304,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $298,123
TOTAL EXPENSES $298,123

Year-over-Year Comparison

2024 2023 Change
Revenue $304,293 $284,140 +0.1%
Expenses $298,123 $283,757 +0.1%
Net Income $6,170 $383 +15.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,478,729
Total Directors
5
$1,478,729
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM VOKAC NATIONAL PRESIDENT 1.00
Officer Director
$0 $100,233 $387,051
ROLAND REXHA NATIONAL SECRETARY-TREASUR 1.00
Officer Director
$0 $42,761 $270,647
CLAUDIA CIMINI NATIONAL EXECUTIVE MEMBER 1.00
Officer Director
$0 $95,362 $299,545
JASON CALLAHAN NATIONAL EXECUTIVE MEMBER 1.00
Officer Director
$0 $63,987 $268,170
ADAM SMITH NATIONAL EXECUTIVE MEMBER 1.00
Officer Director
$0 $49,133 $253,316
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $304,293 $298,123 $25,685 $6,170
2023 $284,140 $283,757 $35,567 $383
2022 $268,239 $269,511 $32,191 $-1,272
2021 $262,076 $261,626 $26,267 $450
2020 $263,579 $259,948 $49,230 $3,631
2019 $231,667 $231,654 $19,915 $13
2018 $222,721 $223,822 $34,206 $-1,101
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