Towing Vessel Inspection Bureau

Mutual benefit organization based in Channelview, TX. 12 employees. Exempt under §501(c)(6).

MissionTHE MISSION IS TO TRAIN AND CERTIFY MEMBERS IN THE BEST MANNER AVAILABLE TO CONDUCT VARIOUS TYPES OF MARINE RELATED INSPECTIONS AND AUDITS ON MARINE SAFETY MANAGEMENT SYSTEMS.

EIN
27-1561296
State
TX
Sector
Mutual benefit
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
3 officers · 5 years

Financial snapshot · TY 2024

$1.2M
Total revenue
$1.2M
Total expenses
$767K
Net assets

Financial health · TY 2024

54
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
32
5.7 months of expenses
Program efficiency
100
94.5% spent on programs
Revenue diversity
5
Mix of program fees, grants & contributions

Leadership compensation

Tava S Foret
PRESIDENT
$176,925
Lauren Jeppson
EXECUTIVE VP
$132,834
Caleb King
SENIOR OPERA
$118,808

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Towing Vessel Inspection Bureau Executive Compensation | 990 Data | DoubleNine