Rhode Island Marine Trade Association Inc

Overview

The Rhode Island Marine Trade Association Inc. (RIMTA) is a nonprofit organization designated as a 501(c)(6), aiding in the improvement of business conditions. It was founded in 1964 and focuses on the recreational boating industry in Rhode Island.

Mission and Vision

RIMTA's mission is to champion the Rhode Island marine industry through advocacy, education, environmental stewardship, innovation, and promotion. Its vision is to position Rhode Island as a leader in the marine industry both economically and within the community.

Activities

• Advocacy: RIMTA represents the interests of the marine trades industry at local, state, and federal levels, ensuring its members' voices are heard on critical issues.
• Workforce Development: The organization invests in the future of the marine trades by providing training programs and educational resources to cultivate a skilled workforce.
• Networking & Events: RIMTA hosts various events that offer opportunities for professionals to connect and collaborate.
• Sustainability Initiatives: It promotes environmentally responsible practices within the marine industry, helping members reduce their environmental impact.

Structure and Leadership

RIMTA is governed by a board of directors who come from various sectors within the marine industry. Key leadership positions include:

• President: Ray LeBlanc
• Vice President: Ned Jones
• Secretary: Jay Frechette
• Treasurer: Paul Harden
• Chairperson: Matt Leduc

Other directors include representatives from Bristol Marine, Flux Marine, IYRS School of Technology & Trades, and more.

Financial Overview

RIMTA's primary sources of revenue are contributions, which make up the majority of its income. It also generates revenue from program services and minimal investment income. The organization does not report significant executive compensation or professional fundraising fees.

Impact on Rhode Island

The marine trades industry in Rhode Island is substantial, with over 1,700 businesses and employing more than 13,300 people. It generates $2.6 billion annually in gross sales. RIMTA plays a critical role in supporting this industry through its initiatives.

Conclusion

The Rhode Island Marine Trade Association Inc. operates as a pivotal force in shaping and advancing the marine trades industry in Rhode Island. Its efforts span advocacy, education, and sustainability, contributing significantly to the state's economic and environmental landscape.