Pacific Maritime Association
Nonprofit profile at a glance
- EIN
- 942914940
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- (415) 576-3200
- Rating confidence
- Limited
Reported finances
- Revenue
- $172,178,821
- Expenses
- $181,667,417
- Assets
- $782,149,024
- Liabilities
- $621,265,051
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- JAMES MCKENNA (FORMER CEO)
- STEPHEN HENNESSEY (CEO)
Highest reported compensation
- JAMES MCKENNA (FORMER CEO): $2,509,541 total reported compensation
- CRAIG EPPERSON (SVP, SECRETARY & GEN. COUNSEL): $1,189,025 total reported compensation
- STEPHEN HENNESSEY (CEO): $1,163,558 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ensuring the vitality of West Coast ports.
What it reported doing in 2024
Negotiating and administering labor agreements.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 89
- Accountability: 85
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 90%; rating input score 90; 38th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.5%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 4.31; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.79; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.8% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 54th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $2.5M · 23 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $19.1M reported
- Consistency: 11 of 11 current checks pass
- Schedules: 6 filed schedules · includes executive pay and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 12/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 17/100.