Usmx
Legal name: United States Maritime Alliance Ltd
Nonprofit profile at a glance
- EIN
- 223573572
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Lyndhurst, NJ, USA
- Phone
- (551) 352-1820
- Rating confidence
- Limited
Reported finances
- Revenue
- $11,482,775
- Expenses
- $10,561,501
- Assets
- $28,731,263
- Liabilities
- $1,076,928
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- DAVID F ADAM (CHAIRMAN AND CEO (THRU 04/2025))
- FRANCIS PAUL DEMARIA (CHAIRMAN AND CEO (AS OF 04/2025))
- ANISSA MCLAUGHLIN FRUCCI (EXECUTIVE VICE PRESIDENT AND COO)
Highest reported compensation
- DAVID F ADAM (CHAIRMAN AND CEO (THRU 04/2025)): $1,132,373 total reported compensation
- ANTHONY J DALONGES (CORPORATE TREASURER): $910,791 total reported compensation
- FRANCIS PAUL DEMARIA (CHAIRMAN AND CEO (AS OF 04/2025)): $795,577 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
USMX is an alliance of container carriers, direct employers, and port associations serving the East and Gulf Coasts of the U.S.
What it reported doing in 2024
Usmx represents employers of the east and gulf coast longshore industry. Membership consists of container carriers, including the largest carriers and carrier alliances worldwide, all major marine terminal operators, and port associations representing each port on the east and gulf coasts. Usmx's members are responsible for the transportation and handling of cargo shipped to and from the united states. While serving as the representative of the management groups in master contract bargaining, the alliance also articulates industry positions on regulatory and safety issues; oversees coastwide training, retraining, certification, and recertification programs; and is responsible for administering coastwide fringe benefit funds and programs. (continued on sch o)since 1977, usmx and its predecessor organizations have successfully negotiated 10 contracts with the international longshoremen's association, (ila) without any coastwide disruptions to service. On september 25, 2018, usmx and the ila signed a new 6-year agreement covering 14,500 port workers on the east and gulf coasts. The new master contract commenced october 1, 2024 and will run through september 30, 2025.
Operating model
- Revenue model
- Earned-program. 77% 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: 69
- Accountability: 86
- Sustainability: 61
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 3rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 57.6%; rating input score 58; 12th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 2.72; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 46.7%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -11.5% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -5% per year; rating input score 0; 3rd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 13 of 13 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.1M · 24 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $1.4M reported
- Consistency: 12 of 13 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 16 filed money-flow records
- Related organizations: 9 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 — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Review — Transparency & Controls: Grant itemization coverage scored 58/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 0/100.