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Filing year 2023

Virginia Maritime Association

Norfolk, Virginia·EIN 54-0238120·6
Total revenue
$2.8M
Total assets
$2.7M
Total expenses
$3.3M
Reported officers
44
Mission

Promote, protect, and encourage the interests of the commercial shipping in the ports of Virginia.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Secretary
secretary (operational)
$392k
$428k
Base
$331k
Bonus
$49k
Other
Benefits
VP Finance & Adm
vice president
$264k
$289k
Base
$207k
Bonus
$27k
Other
Benefits
VP Industry & Govt Affairs
vice president
$212k
$231k
Base
$176k
Bonus
$27k
Other
Benefits
Director of IT
chief information officer
$202k
$221k
Base
$178k
Bonus
$15k
Other
Benefits
Director
board member
$60k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 39 unpaid individuals.

Down 13%
from 2022

From $451k in 2022 to $392k in 2023.

$451k
2022
$392k
2023
In today's dollarsEst.
Down 17% in real terms$515k to $428k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Virginia Maritime Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$2.4M
2022
$2.8M
$3.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
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