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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Masters Mates & Pilots Vacation Fund

Masters Mates & Pilots Vacation Fund

Fiscal year ending 2018. Filed on November 13, 2019.

700 Maritime Blvd No A
Linthicum Heights, Maryland 21090

Masters Mates & Pilots Vacation Fund (EIN: 13-5638830) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Masters Mates & Pilots Vacation Fund, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 9 out of 854 total employees. Among the employees shown here, the average compensation is $228,628. The highest compensated employee at Masters Mates & Pilots Vacation Fund is Mr Steven Werse with fiscal year 2018 compensation of $291,397.

Revenue, expenses, and employee compensation

Revenue

$32,234,616

Expenses

$32,544,393

Employee compensation

$603,550
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mr Steven Werse
Trustee
$291,397
$0 $234,990 $56,407
Mr Patrick McCullough
Administrator
$269,745
$32,634 $185,944 $51,167
Capt Donald Marcus
Trustee Chair
$253,312
$0 $197,862 $55,450
Mr Klaus Luhta
Trustee
$226,047
$0 $181,318 $44,729
Mr Donald Josberger
Trustee
$225,667
$0 $172,129 $53,538
Mr Ken Ryan
Trust DEPT Manager
$213,547
$24,224 $138,029 $51,294
Mr Lars Turner
Trustee
$212,612
$0 $168,946 $43,666
Ms Ann Marie McCullough
Medical Benefit Manager
$194,629
$22,059 $125,691 $46,879
Ms Paula Phillips
Controller
$170,697
$19,195 $109,372 $42,130

Benchmark Employee Compensation

Non-Employee Board Members

Capt J L Bergin
Alternate Trustee
Capt John Sullivan
Trustee
Mr Daniel Driscoll
Trustee
Mr David Putty
Trustee
Mr Edward Hanley
Trustee
Mr Edward Morgan
Trustee and Secretary and Treasurer
Mr Edward Washburn
Trustee
Mr Jean Harrington
Alternate Trustee
Mr John Dragone
Alternate Trustee
Mr Paul Nielsen
Trustee
Mr Robert Stephens
Trustee
Mr Timothy Gill
Trustee

Contractors

MM&P Health and Benefit Plan
Administrative
$715,503
IOMM&P
Administrative
$147,994

Mission Statement

TO PROVIDE VACATION BENEFITS FOR ELIGIBLE MEMBERS EMPLOYED UNDER THE TERMS OF COLLECTIVE BARGAINING AGREEMENTS

Revisions to this organization profile

November 17, 2025:
2024 Masters Mates & Pilots Vacation Fund 990 filed
November 13, 2024:
2023 Masters Mates & Pilots Vacation Fund 990 filed
October 30, 2023:
2022 Masters Mates & Pilots Vacation Fund 990 filed

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