Massachusetts Marine Trades Association Inc

501(c)(6) organization Foxboro, MA EIN: 04-2461691
Community and economic developmentBusiness and industryBusiness promotion

Provides educational opportunities through business seminars and education opportunities, keeps members informed of new laws, promotes boating through local programs and boat shows, and represents members in the national association.

Key facts about Massachusetts Marine Trades Association Inc

In short: Massachusetts Marine Trades Association Inc reported $5K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
04-2461691
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$5,000 — reported as a total on the IRS filing, without an itemized list
Total assets
$1,226,001

Data from IRS Form 990, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.2M

+12.0% YoY

Grants Paid (reported total)

$5K

Revenue

$467K

-6.0% YoY

Net Investment Income

$39K

-57.8% YoY

About Massachusetts Marine Trades Association Inc

Based on IRS filings

Massachusetts Marine Trades Association Inc is a public charity focused on Community and economic development, based in Foxboro, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it reported $5K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $39K.

Focus Areas

Community and economic developmentBusiness and industryBusiness promotion
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Hingham

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 0 grants2022 0 grants2023 0 grants2024 Total only2025

From 2020 to 2025, annual grant giving ranged from $5K (2025) to $13K (2020). In 2025 it reported $5K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,226,001$1,094,743$1,016,655
Revenue$467,247$496,910$437,092
Expenses$417,136$401,790$381,326
Net Investment Income$38,895$92,136$31,924

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

Massachusetts Marine Trades Association Inc is led by Marie Hayward, President since 2023 (on filings since 2020); none of the 18 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Marie Hayward

    President

    3rd Vice President → 2nd Vice President, 2022

    2nd Vice President → President, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Captain Paul Nowak

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ed Lofgren

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Greg Glavin

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Gregory Egan

    Director

    President → Director, 2022

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Jackson Kent III

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Kari Sullivan Davis

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Kurt Saunders

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Larry Russo Sr.

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Matt O'Connor

    Director

    Director → Secretary, 2024

    Secretary → Director, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Toby Burr

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Tom Cox

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Amanda Holcroft

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Sarah Moulton

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Cheri Rudzindky

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Chip Farnham

    Third Vice P

    Director → Third Vice P, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Doug Wielhouwer

    First V.p. & T

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeffrey Jadul

    Secretary

    Director → Secretary, 2025

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Former officers (3)
  • Former: Cherie Rudzinsky (2020–2024) — Director
  • Former: Scott Smith (2020–2024) — 2nd Vice President
  • Former: Todd Walker (2020–2023) — Secretary

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Massachusetts Marine Trades Association Inc

How much does Massachusetts Marine Trades Association Inc give each year?

Massachusetts Marine Trades Association Inc reported $5K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants.

How large is Massachusetts Marine Trades Association Inc?

Massachusetts Marine Trades Association Inc reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $467K.

What is Massachusetts Marine Trades Association Inc?

Massachusetts Marine Trades Association Inc is a public charity focused on Community and economic development, based in Foxboro, MA. It holds $1.2M in total assets as of 2025.

Where does Massachusetts Marine Trades Association Inc operate?

Massachusetts Marine Trades Association Inc has awarded grants in Massachusetts.

What is Massachusetts Marine Trades Association Inc's EIN?

Massachusetts Marine Trades Association Inc's EIN (Employer Identification Number) is 04-2461691. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

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