CONNECTICUT MARITIME ASSOC INC

EIN: 222655500

STAMFORD, CT

Total Revenue
$256,540
Total Expenses
$237,738
Total Assets
$468,174
Net Assets
$407,797
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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
1983
Legal Domicile
CT
Principal Officer
JOHN LINDQUIST
Phone
2034060109
Tax Period
2024-07-01 to 2025-06-30

CONNECTICUT MARITIME ASSOC INC, founded in 1983, is a small nonprofit that reported $257K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $238K left a modest 7% surplus.

Mission

TO FOSTER SOCIAL AND EDUCATIONAL INTERACTION AMONG THOSE INDIVIDUALS WORKING IN THE MARITIME INDUSTRY AND/OR INTERNATIONAL TRADE.

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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 $60,730
Program Service Revenue $190,428
Investment Income $5,382
Other Revenue $0
TOTAL REVENUE $256,540

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $153,945
Other Expenses $237,738
TOTAL EXPENSES $237,738

Year-over-Year Comparison

2024 2023 Change
Revenue $256,540 $302,679 -0.2%
Expenses $237,738 $247,197 0.0%
Net Income $18,802 $55,482 -0.7%
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
10
Independent Members
10
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PER BARRE TREASURER 5.00
Officer Director
$0 $0 $0
MATT MCKEAN SECRETARY 5.00
Officer Director
$0 $0 $0
JOSEPH GAUDIANO BOARD MEMBER (LEFT 4/25) 5.00
Director
$0 $0 $0
JAMES LIGHTBOURN BOARD MEMBER 5.00
Director
$0 $0 $0
JOHN LINDQUIST PRESIDENT 5.00
Officer Director
$0 $0 $0
ANDREA BAHR BOARD MEMBER 5.00
Director
$0 $0 $0
BRENDAN COLLINS VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
BETH WILSON-JORDAN BOARD MEMBER 5.00
Director
$0 $0 $0
LAUREN GALLINARI BOARD MEMBER (LEFT 4/25) 5.00
Director
$0 $0 $0
DEREK DAMON BOARD MEMBER (LEFT 4/25) 5.00
Director
$0 $0 $0
LORRAINE PARSONS BOARD MEMBER 5.00
Director
$0 $0 $0
PHILIP HUGHES BOARD MEMBER (FROM 4/25) 5.00
Director
$0 $0 $0
NICHOLAS D FERNANDEZ-COTE BOARD MEMBER (FROM 4/25) 5.00
Director
$0 $0 $0
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
2025 $256,540 $237,738 $468,174 $18,802
2024 No data No data No data No data
2023 $305,570 $265,109 $402,468 $40,461
2022 $255,268 $266,671 $354,480 $-11,403
2021 $296,488 $208,315 $370,178 $88,173
2020 $107,699 $302,760 $281,934 $-195,061
2019 $1,577,516 $1,601,211 $561,295 $-23,695
2018 $1,456,688 $1,393,075 $959,902 $63,613
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