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Nonprofit · EIN 23-7432127

MARINE RETAILERS ASSOCIATION OF AMERICA

Tax-exempt · BROOKLYN PARK, MN 55428

Financials

$4.6M$4.2M2023$4.7M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of MARINE RETAILERS ASSOCIATION OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,650,590$4,642,940$7,650$2,492,678$497,402$1,995,276
December 31, 2023990$4,604,947$4,198,930$406,017$2,306,373$329,361$1,977,012
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$19,891
Program service revenue
$4,524,823
Investment income
$84,228
Net gain from sales of assets
$37
Other revenue
$21,648

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$230,152
Other salaries and wages
$2,117,926
Salaries, compensation and benefits (total)
$2,640,503
Professional fundraising fees
$0
Legal fees
$17,663
Accounting fees
$100,689
Occupancy
$78,306
Travel
$199,022
Depreciation
$11,186

Balance sheet and other

Total assets, start of year
$2,306,373
Total assets, end of year
$2,492,678
Total liabilities, end of year
$497,402
Net assets, end of year
$1,995,276
Land, buildings and equipment
$33,821
Publicly traded securities
$1,793,886
Net assets without donor restrictions
$1,995,276
Gross receipts
$5,100,553
Employees
30
Volunteers
30
Year formed
1971
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MATT GRUHNPRESIDENT
Officer
40$211,182$18,970
ALLISON GRUHNVP OF BUSINESS DEVELOPMENT
Highest-paid employee
40$194,397$7,580
SHERRI CUVALADIRECTOR OF MEMBERSHIP
Highest-paid employee
40$146,040$16,418
ELIZABETH WALZVP OF EDUCATION
Highest-paid employee
40$122,491$18,808
MICHAEL SAYREDIRECTOR OF GOVERNMENT RELATIONS
Highest-paid employee
40$131,671$4,817
TRAVIS HYDEVP OF OPERATIONS
Highest-paid employee
40$133,783$0
JOE LEWISVICE CHAIRMAN
Trustee or director, Officer
2$0$0
CRAIG BROSENNESECRETARY/TREASURER
Trustee or director, Officer
2$0$0
JEFF STRONGCHAIRMAN
Trustee or director, Officer
2$0$0
CRAIG LEBLANCDIRECTOR
Trustee or director
2$0$0
BOB PETZOLDDIRECTOR
Trustee or director
2$0$0
BRYAN BUCKLANDDIRECTOR
Trustee or director
2$0$0
PAUL BERUBEDIRECTOR
Trustee or director
2$0$0
CHAD TAYLORDIRECTOR
Trustee or director
2$0$0
JASON SHALLCROSSDIRECTOR
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
CARLY POOLEDIRECTOR
Trustee or director
2$0
BRANDON SHARPEDIRECTOR
Trustee or director
2$0
BOB BENSEDIRECTOR
Trustee or director
2$0
SUSAN DUQUETTEDIRECTOR
Trustee or director
2$0
ROB SOUCYIMMEDIATE PAST CHAIR
Trustee or director, Officer
2$0
STACY GREENWOODDIRECTOR
Trustee or director
2$0
JEFF SIEMSDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
MATT GRUHNPRESIDENT
Officer
40$214,130$4,673
JEFF STRONGCHAIRMAN
Trustee or director, Officer
2$0$0
JOE LEWISVICE CHAIRMAN
Trustee or director, Officer
2$0$0
ROB SOUCYIMMEDIATE PAST CHAIRMAN
Trustee or director, Officer
2$0$0
CRAIG BROSENNESECRETARY/TREASURER
Trustee or director, Officer
2$0$0
CRAIG LEBLANCDIRECTOR
Trustee or director
2$0$0
BOB PETZOLDDIRECTOR
Trustee or director
2$0$0
BRYAN BUCKLANDDIRECTOR
Trustee or director
2$0$0
STACY GREENWOODDIRECTOR
Trustee or director
2$0$0
PAUL BERUBEDIRECTOR
Trustee or director
2$0$0
CHAD TAYLORDIRECTOR
Trustee or director
2$0$0
JASON SHALLCROSSDIRECTOR
Trustee or director
2$0$0
JEFF SIEMSDIRECTOR
Trustee or director
2$0$0
BRANDON SHARPEDIRECTOR
Trustee or director
2$0$0
BOB BENSEDIRECTOR
Trustee or director
2$0$0
CARLY POOLEDIRECTOR
Trustee or director
2$0$0
SUSAN DUQUETTEDIRECTOR AT LARGE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
7225 NORTHLAND DR N STE 110, BROOKLYN PARK, MN 55428-1572
In care of
% M GRUHN
Principal officer (990 for 2024)
MATT GRUHN, 7225 NORTHLAND DR N 110, MINNEAPOLIS, MN 55428
Signed the 990
MATT GRUHN, PRESIDENT
Phone
(763) 315-8043
Return prepared by
OLSEN THIELEN & CO LTD

Mission

TRADE ASSOCIATION FOR MARINE RETAILERS. THE PURPOSE OF THE ORGANIZATION IS TO RENDER EDUCATIONAL, DEVELOPMENTAL, LEGISLATIVE, REGULATORY AND PROMOTIONAL SERVICES FOR THE BENEFIT OF ITS MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • WE HAVE A GOVERNMENT RELATIONS FUNCTION TO KEEP MEMBERS INFORMED OF CURRENT LEGISLATION AND REGULATIONS AFFECTING THE MARINE INDUSTRY AND TO LOBBY IN AN EFFORT TO FURTHER THE INTEREST OF OUR MEMBERS. WE DISTRIBUTE WEEKLY NEWSLETTERS TO MEMBERS AND NONMEMBERS TO KEEPTHEM ABREAST OF INDUSTRY TRENDS AND NEWS, ASSOCIATION NEWS AND UPDATES, LEGISLATIVE INSIGHTS, OUR BENEFITS, AND OTHER VALUABLE INFORMATION RELATED TO CURRENT INDUSTRY NEEDS. WE PROVIDE TRADE SHOWS AND A CONVENTION THAT PROVIDES EDUCATIONAL PROGRAMS RELATING TO THE INDUSTRY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7432127
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,492,678
Income (IRS master file)
$5,100,553

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,650,590$4,642,940$2,492,678IRS
990December 2023$4,604,947$4,198,930$2,306,373XML
990December 2022$3,268,789$3,122,713$2,055,532IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7432127).

Questions about MARINE RETAILERS ASSOCIATION OF AMERICA

What is the EIN of MARINE RETAILERS ASSOCIATION OF AMERICA?
The employer identification number (EIN) of MARINE RETAILERS ASSOCIATION OF AMERICA is 23-7432127.
Is MARINE RETAILERS ASSOCIATION OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
Are donations to MARINE RETAILERS ASSOCIATION OF AMERICA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARINE RETAILERS ASSOCIATION OF AMERICA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARINE RETAILERS ASSOCIATION OF AMERICA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARINE RETAILERS ASSOCIATION OF AMERICA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARINE RETAILERS ASSOCIATION OF AMERICA?
The 990 for the year ended December 31, 2024 names MATT GRUHN.
Who are the officers and directors of MARINE RETAILERS ASSOCIATION OF AMERICA?
The 990 for the year ended December 31, 2024 lists 22 people; 6 received compensation from the organization, the highest $211,182 (MATT GRUHN, PRESIDENT).
How much revenue does MARINE RETAILERS ASSOCIATION OF AMERICA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,650,590, expenses of $4,642,940 and total assets of $2,492,678 at year end.

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