Passenger Vessel Association
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Organization summary
Type of Nonprofit
Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.
Donations to this organization are not tax deductible.
Summary charts: organization finances over time
Revenue $2.15M (2023)
Expenses $1.98M (2023)
Total Assets $4.07M (2023)
Total Liabilities $1.55M (2023)
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
Fiscal Year Ending Dec.
2023
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$2,152,002
Expenses
$1,981,188
Net Income
$170,814
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,955,809 |
90.9%
|
| Investment Income | $90,843 |
4.2%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $92,442 |
4.3%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $12,908 |
0.6%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $803,756 |
40.6%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $214,827 |
10.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $4,071,903 | |
| Total Liabilities | $1,545,088 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $353,502 | $0 | $66,161 |
| Eric Christensen (Director Of Regulatory Affairs And Risk Management) | $169,649 | $0 | $10,379 |
| Edmund Welch (Senior Legislative Director) | $148,528 | $0 | $55,537 |
Document Links
990
Filed on Nov. 11, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,987,575
Expenses
$1,906,199
Net Income
$81,376
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,804,470 |
90.8%
|
| Investment Income | $58,111 |
2.9%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $124,994 |
6.3%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $772,877 |
40.5%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $176,113 |
9.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $3,669,434 | |
| Total Liabilities | $1,488,373 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $297,547 | $0 | $63,864 |
| Edmund Welch (Legislative Director) | $179,564 | $0 | $56,896 |
| Eric Christensen (Director Of Regulatory Affairs And Risk Management) | $164,912 | $0 | $10,095 |
Document Links
990
Filed on Sept. 22, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,676,488
Expenses
$1,596,358
Net Income
$80,130
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,463,070 |
87.3%
|
| Investment Income | $43,908 |
2.6%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $169,510 |
10.1%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $789,561 |
49.5%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $125,753 |
7.9%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $3,818,047 | |
| Total Liabilities | $1,169,667 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $312,116 | $0 | $82,928 |
| Edmund Welch (Legislative Director) | $172,787 | $0 | $53,162 |
| Eric Christensen (Director Of Regulatory Affairs And Risk Management) | $158,838 | $0 | $9,730 |
Document Links
990
Filed on Dec. 19, 2022Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$2,202,292
Expenses
$1,998,797
Net Income
$203,495
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $2,030,890 |
92.2%
|
| Investment Income | $53,155 |
2.4%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $118,247 |
5.4%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $778,686 |
39.0%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $227,280 |
11.4%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,982,017 | |
| Total Liabilities | $621,812 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $309,314 | $0 | $76,419 |
| Edmund Welch (Legislative Director) | $172,787 | $0 | $51,598 |
| Eric Christensen (Director Of Regulatory Affairs And Risk Management) | $158,838 | $0 | $9,730 |
Document Links
990
Filed on Sept. 17, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$2,317,702
Expenses
$2,192,259
Net Income
$125,443
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $2,114,045 |
91.2%
|
| Investment Income | $70,141 |
3.0%
|
| Bond Proceeds | $0 | |
| Royalties | $81,828 |
3.5%
|
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $51,688 |
2.2%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $752,885 |
34.3%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $256,054 |
11.7%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $3,455,911 | |
| Total Liabilities | $1,346,847 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $297,368 | $0 | $73,532 |
| Edmund Welch (Legislative Director) | $166,338 | $0 | $50,270 |
| Eric Christensen (Safety Director) | $152,998 | $0 | $9,380 |
Document Links
990
Filed on Nov. 12, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$2,363,542
Expenses
$2,079,630
Net Income
$283,912
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $2,065,117 |
87.4%
|
| Investment Income | $62,330 |
2.6%
|
| Bond Proceeds | $0 | |
| Royalties | $112,806 |
4.8%
|
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $123,289 |
5.2%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $565,674 |
27.2%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $380,022 |
18.3%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $3,113,021 | |
| Total Liabilities | $1,474,045 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $285,659 | $0 | $71,169 |
| Edmund Welch (Legislative Director) | $160,420 | $0 | $48,425 |
| Eric Christensen (Safety Director) | $147,383 | $0 | $9,043 |
Document Links
990
Filed on June 5, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$2,220,577
Expenses
$1,950,181
Net Income
$270,396
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,937,217 |
87.2%
|
| Investment Income | $43,739 |
2.0%
|
| Bond Proceeds | $0 | |
| Royalties | $87,549 |
3.9%
|
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $152,072 |
6.8%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $554,028 |
28.4%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $336,243 |
17.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,926,233 | |
| Total Liabilities | $1,323,358 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $274,211 | $0 | $71,423 |
| Edmund Welch (Legislative Director) | $159,282 | $0 | $49,113 |
| Eric Christensen (Safety Director) | $141,984 | $0 | $8,719 |
Document Links
990
Filed on June 19, 2018Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2016
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,903,728
Expenses
$1,894,793
Net Income
$8,935
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,731,947 |
91.0%
|
| Investment Income | $45,476 |
2.4%
|
| Bond Proceeds | $0 | |
| Royalties | $140,004 |
7.4%
|
| Rental Property Income | $15,540 |
0.8%
|
| Net Fundraising | $0 | |
| Sales of Assets | -$29,239 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $340,023 |
17.9%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $474,476 |
25.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,299,202 | |
| Total Liabilities | $1,017,667 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $263,414 | $0 | $76,610 |
| Edmund Welch (Legislative Director) | $148,489 | $0 | $48,146 |
| Eric Christensen (Safety Director) | $136,792 | $0 | $8,408 |
Document Links
990
Filed on Sept. 6, 2017Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2015
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,981,234
Expenses
$1,875,003
Net Income
$106,231
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,724,047 |
87.0%
|
| Investment Income | $36,668 |
1.9%
|
| Bond Proceeds | $0 | |
| Royalties | $144,618 |
7.3%
|
| Rental Property Income | $18,790 |
0.9%
|
| Net Fundraising | $0 | |
| Sales of Assets | $57,111 |
2.9%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $279,136 |
14.9%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $497,363 |
26.5%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,774,260 | |
| Total Liabilities | $1,563,620 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $447,429 | $0 | $78,096 |
| Edmund Welch (Legislative Director) | $142,919 | $0 | $50,070 |
| Eric Christensen (Safety Director) | $131,800 | $0 | $8,108 |
Document Links
990
Filed on July 22, 2016Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2014
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,870,173
Expenses
$1,783,517
Net Income
$86,656
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,651,570 |
88.3%
|
| Investment Income | $19,996 |
1.1%
|
| Bond Proceeds | $0 | |
| Royalties | $143,742 |
7.7%
|
| Rental Property Income | $25,540 |
1.4%
|
| Net Fundraising | $0 | |
| Sales of Assets | $29,325 |
1.6%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $296,903 |
16.6%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $357,702 |
20.1%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,942,641 | |
| Total Liabilities | $1,728,190 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $224,822 | $0 | $72,080 |
| Edmund Welch (Legislative Director) | $137,559 | $0 | $45,269 |
| Terri Bernstein (President) | $0 | $0 | $0 |
Document Links
990
Filed on July 27, 2015Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2013
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,818,042
Expenses
$1,595,657
Net Income
$222,385
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,578,716 |
86.8%
|
| Investment Income | $32,424 |
1.8%
|
| Bond Proceeds | $0 | |
| Royalties | $140,594 |
7.7%
|
| Rental Property Income | $14,832 |
0.8%
|
| Net Fundraising | $0 | |
| Sales of Assets | $51,476 |
2.8%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $294,495 |
18.5%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $343,613 |
21.5%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,755,331 | |
| Total Liabilities | $1,612,291 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| John Groundwater (Executive Director) | $215,715 | $0 | $78,779 |
| Edmund Welch (Legislative Director) | $130,965 | $0 | $49,485 |
| Carolyn Horgan (President) | $0 | $0 | $0 |
Document Links
990
Filed on June 23, 2014Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2012
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$2,438,456
Expenses
$2,360,671
Net Income
$77,785
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $610,365 |
25.0%
|
| Program Services | $1,665,121 |
68.3%
|
| Investment Income | $38,412 |
1.6%
|
| Bond Proceeds | $0 | |
| Royalties | $121,759 |
5.0%
|
| Rental Property Income | $14,616 |
0.6%
|
| Net Fundraising | $0 | |
| Sales of Assets | -$11,817 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $285,718 |
12.1%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $360,042 |
15.3%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,288,931 | |
| Total Liabilities | $1,431,847 |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2011
Extracted Financial Data
Extracted Financial Data from Form 990
Revenue
$1,824,189
Expenses
$1,922,522
Net Income
-$98,333
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $216,509 |
11.9%
|
| Program Services | $1,386,555 |
76.0%
|
| Investment Income | $40,127 |
2.2%
|
| Bond Proceeds | $0 | |
| Royalties | $119,000 |
6.5%
|
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $61,998 |
3.4%
|
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $603,782 |
31.4%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $103,307 |
5.4%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,184,855 | |
| Total Liabilities | $1,485,790 |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2010
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2009
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2008
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2007
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2005
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2004
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
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