MARITIME EXCHANGE FOR THE DELAWARE RIVER AND BAY INC Charity Report

Public IRS 990 nonprofit record

MARITIME EXCHANGE FOR THE DELAWARE RIVER AND BAY INC

EIN 23-0972080 · Mutual & Membership Benefit (Y)

What they do

DEDICATED to PROMOTING and ENCOURAGING COMMERCE ON THE DELAWARE RIVER and BAY THROUGH A GOVERNMENT AFFAIRS PROGRAM and A COMPREHENSIVE ON-LINE SUITE of MARITIME INFORMATION SERVICES, THE EXCHANGE ENSURES OUR MEMBERS ARE OPERATING IN THE MOST POSITIVE ECONOMIC CLIMATE POSSIBLE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $40.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders44 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

40.48%of revenue went to mission work40.8% of expenses · Program services

$99.28spent for every $100 of revenueRevenue covered expenses this year.

$3.71in assets for every $1 spent this yearSome assets cannot be spent right away.

8.3%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $780,033 for LISA HIMBER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,002,359

Mission workProgram services$1,215,26940.48% of revenue40.8% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$21,7060.72% of revenueShown in gray on the chart

Total expenses$2,980,65399.28% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 40.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.28% of revenue

2023Expense mix: 53.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 81.75% of revenue

2022Expense mix: 58.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 81.91% of revenue

2021Expense mix: 57.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 79.06% of revenue

2020Expense mix: 53.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.01% of revenue

2019Expense mix: 57.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 96.66% of revenue

2018Expense mix: 55.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 92.26% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.30% of revenue

Money in and money out

Revenue$3,002,359

Expenses$2,980,653

Annual surplus $21,706 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,215,269 · 40.8% of expenses

See all reported dollar amounts

Revenue$3,002,359

Expenses$2,980,653

Assets$11,059,101

Income$3,161,682

Contributions$250,000

Mission work (program services)$1,215,269

Stocks and bonds$9,204,493

Accounting fees$16,648

Investing fees$30,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISA HIMBERPRESIDENT · 40 hrs/week $780,033Base $754,650 · Other $25,383

MICHAEL FINKCHIEF ADMIN · 40 hrs/week $168,370Base $146,077 · Other $22,293

KIMBERLEY ZUMBADODIR OF FINAN · 40 hrs/week $156,821Base $129,433 · Other $27,388

PAUL MYHREDIR OF OPERA · 40 hrs/week $134,803Base $128,486 · Other $6,317

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (44)

LISA HIMBERPRESIDENT

MICHAEL FINKCHIEF ADMIN

KIMBERLEY ZUMBADODIR OF FINAN

PAUL MYHREDIR OF OPERA

RICHARD E DEGENNAROBOARD MEMBER

LISA REEVES ESQBOARD MEMBER

LYNN COINTOTBOARD MEMBER

MARTIN MASCUILLIBOARD MEMBER

MICHAEL CURETONBOARD MEMBER

MICHAEL REAGOSOBOARD MEMBER

MICHAEL J HOLTBOARD MEMBER

NATHAN HAUSERBOARD MEMBER

KUBILAY ULUCANBOARD MEMBER

RICHARD E VENUTIBOARD MEMBER

ROBERT A HERBTREASURER

ROBERT W PALAIMABOARD MEMBER

RODNEY MARTINEZBOARD MEMBER

SEAN CLANCYBOARD MEMBER

STEVE CLARKBOARD MEMBER

THOMAS J COOKBOARD MEMBER

UWE SCHULZVICE CHAIRMA

WILLIAM ANDERSONBOARD MEMBER

WILLIAM J MORANBOARD MEMBER

EUGENE MATTIONI ESQBOARD MEMBER

ANDREW SAPORITOBOARD MEMBER

BAYARD HOGANSBOARD MEMBER

BRIAN CASALBOARD MEMBER

CHRISTOPHER ROWLANDBOARD MEMBER

DAVID MONKBOARD MEMBER

DAVID K CUFFVICE CHAIRMA

DOMENIC COLELLABOARD MEMBER

EDWARD FITZGERALDBOARD MEMBER

EDWARD HAZZOURI ESQBOARD MEMBER

EDWARD T MORIARTYBOARD MEMBER

A ROBERT DEGEN ESQSECRETARY

FREDERICK J IULIUCCI IIIBOARD MEMBER

GEORGE C MURPHYBOARD MEMBER

JAMES LYONSBOARD MEMBER

JEFFREY THEOBALDBOARD MEMBER

JOHN C BRENNANBOARD MEMBER

JOHN ERCOLANI IIIBOARD MEMBER

JOHN J DEEMERBOARD MEMBER

JOHN T REYNOLDSCHAIRMAN

JOSEPH C HARE USNR RETBOARD MEMBER

About this charity

Recognized since: January 1945
Location: 240 CHERRY ST # 242, PHILADELPHIA, PA 19106-1906
County: Philadelphia
In care of: % DENNIS ROCHFORD
Primary officer: GEORGE E MCCARTHY, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailops@mxops.org Phone(215) 925-2615

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BEE BERGVALL & CO
NTEE classification: Mutual & Membership Benefit (Y)
IRS tax category: Mutual & Membership Benefit