2017-05-15T15:59:35-05:00 2016-06-30 521197902 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 21401 990 2015-07-01 520805471 MARINE TECHNOLOGY SOCIETY INC MARI 2027178705 1100 H STREET NW NO 900 WASHINGTON DC 20005 KEVIN TRAVER EXECUTIVE DIRECTOR 4108845330 2017-05-10 1 PHILIP J WIMBISH JR CPA P01285171 4102244920 2017-05-10 2015 2021-01-29 14:40:06Z KEVIN TRAVER 1100 H ST NW WASHINGTON DC 20005 8805073 0 X WWW.MTSOCIETY.ORG X 1963 NY TO PROMOTE AWARENESS, UNDERSTANDING, ADVANCEMENT AND APPLICATION OF MARINE TECHNOLOGY. 9 9 7 120 0 0 4730 7069 2264968 3182839 294871 293979 199129 86691 2763698 3570578 280195 257731 0 0 512441 628451 0 0 0 1556720 2388373 2349356 3274555 414342 296023 7959901 8169139 351010 550931 7608891 7618208 X TO PROMOTE AWARENESS, UNDERSTANDING, ADVANCEMENT AND APPLICATION OF MARINE TECHNOLOGY. 0 0 355543 215134 MEMBERSHIP: SUPPORT AND SERVICE TO MEMBERS 2131141 2919612 CONFERENCES: ANNUAL AND LOCAL CONFERENCES ON MATTERS RELATING TO OCEAN AND MARINE TECHOLOGY 232587 48093 PUBLICATIONS: DISTRIBUTION OF OCEAN AND MARINE TECHNOLOGY LITERATURE AND PERIODICALS 257731 257731 573 SCHOLARSHIPS: PROVIDE SCHOLARSHIPS TO STUDENTS IN MARINE RELATED FIELDS. 257731 257731 573 2977002 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 7 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 0 1 1 0 X X THE ORGANIZATION 2027178705 1100 H STREET NW NO 900 WASHINGTON DC 20005 RAYMOND TOLL PRESIDENT 1.00 X X 0 0 0 DREW MICHEL PAST PRESIDENT 1.00 X X 0 0 0 DONNA KOCAK PRESIDENT - ELECT 1.00 X X 0 0 0 MIKE PINTO TREASURER 1.00 X X 0 0 0 ANDY CLARK VP-INDUSTRY AND TECHNOLOGY 1.00 X X 0 0 0 LIESL HOTALING VP-EDUCATION & RESEARCH 1.00 X X 0 0 0 JUSTIN MANLEY VP-GOVERNMENT & PUBLIC AFFAIRS 1.00 X X 0 0 0 ERIKA MONTAGUE VP-PUBLICATIONS 1.00 X X 0 0 0 DOUG WILSON VP-SECTIONS 1.00 X X 0 0 0 RICHARD LAWSON EXECUTIVE DIRECTOR (UNTIL 10/30/2015) 40.00 X 179712 0 3319 CHRIS BARRETT INTERIM EXECUTIVE DIRECTOR 40.00 X 124754 0 10703 304466 0 14022 2 0 1 0 0 7069 7069 CONFERENCES & MEETINGS 900099 2919612 2919612 MEMBERSHIP DUES 900099 215134 215134 PUBLICATIONS 511120 48093 48093 3182839 432342 432342 3364 3364 4988141 5126504 -138363 -138363 -138363 190745 107991 82754 82754 OTHER INCOME 900099 573 573 573 3570578 3183412 0 380097 257731 257731 318488 229496 88992 239884 196489 43395 6945 5226 1719 23726 17482 6244 39408 30018 9390 20707 20707 84713 84713 16242 16242 122599 122599 10981 10320 661 87488 2918 84570 63609 31723 31886 76285 76285 182661 60210 122451 1353342 1343004 10338 24442 24442 13464 13464 PUBLICATIONS 170973 170973 STRATEGIC PLAN IMPLEMEN 93726 93726 PROFESSIONAL DEVELOPMEN 64108 48833 15275 MEMBERSHIP EXPENSES 3033 3033 353221 -353221 3274555 2977002 297553 0 1423224 1311649 1248292 13719 80984 75206 264086 238254 45014 25832 5153693 5040001 8694 1702732 7959901 8169139 189421 143286 161589 131153 0 276492 351010 550931 X 7608891 7618208 7608891 7618208 7959901 8169139 296023 -391101 104395 0 X X 0 1 X 1 0 X 234532 237410 229585 248049 222203 1171779 1697239 1796721 2063803 2351149 3050459 10959371 1931771 2034131 2293388 2599198 3272662 12131150 0 0 0 12131150 107637 154093 246079 126059 297343 931211 107637 154093 246079 126059 297343 931211 2712 12419 718 3399 573 19821 2042120 2200643 2540185 2728656 3570578 13082182 0.92730 0.93340 0.07120 0.06410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6715 448 6267 109283 96257 13026 148088 141549 6539 25832 SECURITY DEPOSIT 8694 INTEREST IN OTC, INC. - DISTRIBUTION RECEIVABLE 1393536 INTEREST IN OTC, INC. 24010 FUNDS HELD FOR OCEANS CONFERENCES 276492 1702732 FUNDS HELD FOR OCEANS CONFERENCES 276492 276492 3384916 0 3384916 185662 185662 3570578 3479994 205439 205439 3274555 0 3274555 PART XI, LINE 4B - OTHER ADJUSTMENTS: REALIZED LOSSES INCLUDED WITH EXPENSES -138,363. FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE -107,991. INVESTMENT INCOME 432,016. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH FUNDRAISING REVENUE 107,991. REALIZED LOSSES ON INVESTMENTS 138,363. INVESTMENT INCOME -432,016. UNREALIZED LOSSES ON INVESTMENTS 391,101. SPORTING CLAYS 176026 176026 88353 4000 2767 GOLF 14719 14719 12587 284 190745 190745 100940 4000 3051 107991 82754 1 TUITION SCHOLARSHIPS 45 257343 PART I, LINE 2: AN OPEN SOLICITATION FOR SCHOLARSHIP APPLICATIONS IS HELD AND APPLICATIONS ARE FIRST REVIEWED BY STAFF TO ENSURE PROPER FORMAT AND COMPLETENESS. THE PREPARED SCHOLARSHIP PACKAGE IS THEN SENT TO A COMMITTEE FOR GRADING AND SELECTION OF THE RECIPIENTS. FUNDS ARE DISBURSED DIRECTLY TO THE BURSAR OF THE COLLEGES ATTENDED BY THE SCHOLARSHIP WINNERS. X X X X 0 0 0 0 0 0 0 0 0 RICHARD LAWSON EXECUTIVE DIRECTOR (UNTIL 10/30/2015 179712 0 0 0 0 0 3319 0 0 0 183031 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PER THE SOCIETY'S BYLAWS IT HAS MEMBERS WHICH ARE BROKEN INTO THE FOLLOWING CLASSES OF MEMBERSHIP: MEMBER, ASSOCIATE MEMBER, STUDENT MEMBER, PATRON, EMERITUS MEMBER, LIFE MEMBER, HONORARY MEMBER, CORPORATE MEMBER, BUSINESS MEMBER, AND INSTITUTIONAL MEMBER. EACH CLASS OF MEMBER HAS THE RIGHT TO VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS AND OFFICERS OF THE SOCIETY. FORM 990, PART VI, SECTION A, LINE 7A ALL SOCIETY MEMBERS IN GOOD STANDING ARE ENTITLED TO ONE VOTE IN THE ELECTION OF THE SOCIETY'S OFFICERS AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE SOCIETY ENGAGES A CPA TAX PROFESSIONAL TO PREPARE THE FORM 990. THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR, FINANCE DIRECTOR AND TREASURER OF THE SOCIETY AND THEN DISTRIBUTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES COMPLETION OF ANNUAL DISCLOSURE FORM OF ANY POTENTIAL CONFLICTS OF INTEREST BY ALL OFFICERS, DIRECTORS, AND COMMITTEE CHAIRS. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW OF EXECUTIVE DIRECTOR COMPLETED BY THE BOARD PRESIDENT AND RECOMMENDATIONS ARE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES IT FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE TO THE PUBLIC ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE INDEPENDENT AUDITOR AND THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THIS PROCESS WAS NEWLY ADOPTED FOR THE FISCAL YEAR ENDED 6/30/2016 AS THE SOCIETY DID NOT HAVE AN INDEPENDENT AUDIT IN PRIOR YEAR.