2026-04-15T17:17:44-05:00 2025-06-30 PwC US Tax LLP 2001 MARKET ST STE 1800 PHILADELPHIA PA 19103 990 2024-07-01 942914940 PACIFIC MARITIME ASSOCIATION % HOLGER BESCH PACI 4155763200 555 MARKET STREET SAN FRANCISCO CA 941052800 MICHAEL WECHSLER CFO/SVP 4155763200 2026-04-15 true true ALBERT N ANTONELLI P01496650 2673303000 2026-04-15 2024 2025-03-06 01:10:19Z STEPHEN HENNESSEY 555 MARKET ST 3RD FL SAN FRANCISCO CA 941052800 172184733 false X WWW.PMANET.ORG X 1949 CA TO NEGOTIATE AND ADMINISTER MARITIME LABOR AGREEMENTS WITH THE INTERNATIONAL LONGSHORE & WAREHOUSE UNION. 10 9 153 10 0 0 0 0 223970462 150611097 4822478 5437892 29549352 16129832 258342292 172178821 0 0 0 0 35154025 37123078 0 0 0 132323168 144544339 167477193 181667417 90865099 -9488596 861893377 782149024 691060708 621265051 170832669 160883973 X TO NEGOTIATE AND ADMINISTER MARITIME LABOR AGREEMENTS WITH THE INTERNATIONAL LONGSHORE & WAREHOUSE UNION. THE MEMBERSHIP OF PMA CONSISTS OF DOMESTIC CARRIERS, INTERNATIONAL CARRIERS AND STEVEDORES THAT OPERATE IN CALIFORNIA, OREGON, AND WASHINGTON. THE LABOR AGREEMENTS PMA NEGOTIATES ON BEHALF OF ITS MEMBERS COVER WAGES, EMPLOYEE BENEFITS, AND CONDITIONS OF EMPLOYMENT FOR WORKERS EMPLOYED AT LONGSHORE, MARINE CLERK, AND WALKING BOSS/FOREMAN JOBS. false false 0 0 0 NEGOTIATING AND ADMINISTERING LABOR AGREEMENTS. 0 false false false true false false false false false true false false true true true false true false false false false false false false false false false false true false false false false true true false false false false false true true true false true 120 0 true 153 true true true false false false false false true false X 10 9 true false false false true true true true true false false false true true true true false true true false CA X HOLGER BESCH 4155763200 555 MARKET STREET 3RD FL SAN FRANCISCO CA 941052800 X JAMES MCKENNA FORMER CEO 0.0 0.0 X 2454186 0 55355 CRAIG EPPERSON SVP, SECRETARY & GEN. COUNSEL 40.0 2.0 X 1025141 0 163884 STEPHEN HENNESSEY CEO 40.0 5.0 X 1007175 0 156383 MICHAEL WECHSLER SVP FINANCE & ADMIN/CFO 40.0 5.0 X 921659 0 231747 KENNETH CHAD LINDSAY SVP LABOR RELATIONS, COO 40.0 0.0 X 526028 0 77773 WILLIAM BARTELSON VP, CONTRACT ADMIN & ARB 40.0 0.0 X 463470 0 82989 PARIN JHAVERI VP, INFORMATION TECHNOLOGY 40.0 0.0 X 456666 0 64259 JOHN ROONEY CONTROLLER 40.0 0.0 X 381897 0 58718 TODD AMIDON DEPUTY GENERAL COUNSEL 40.0 0.0 X 381419 0 55157 SEAN MARRON VP LABOR RELATIONS 40.0 0.0 X 356553 0 77748 ROY AMALFITANO DIRECTOR 3.0 0.0 X 0 0 0 RONNIE ARMSTRONG DIRECTOR (UNTIL 12/24) 3.0 0.0 X 0 0 0 JUNSEOK CHOI DIRECTOR 3.0 0.0 X 0 0 0 JEAN-YVES DUVAL DIRECTOR (UNTIL 5/25) 3.0 0.0 X 0 0 0 NICOLAS GAUTHIER DIRECTOR 3.0 0.0 X 0 0 0 AL GEBHARDT DIRECTOR 3.0 0.0 X 0 0 0 JOSEPH GREGORIO SR DIRECTOR 3.0 0.0 X 0 0 0 RICH KINNEY DIRECTOR 3.0 0.0 X 0 0 0 PAUL NAZZARO DIRECTOR (UNTIL 10/24) 3.0 0.0 X 0 0 0 CHRIS PARVIN DIRECTOR 3.0 0.0 X 0 0 0 GEORGE PASHA DIRECTOR 3.0 0.0 X 0 0 0 KURT MITTENZWEI DIRECTOR (FROM 6/25) 3.0 0.0 X 0 0 0 DAVE WEAR DIRECTOR (FROM 1/25) 3.0 0.0 X 0 0 0 7974194 0 1024013 139 true true false SEYFARTH SHAW LLP 3807 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 LEGAL SERVICES 7092625 MORGAN LEWIS BOCKIUS LLP 1701 MARKET STREET PHILADELPHIA PA 19103 LEGAL SERVICES 4910847 PROCASE CONSULTING INC 1 HARTFORD ROAD ORINDA CA 94563 SUPPORT SERVICES 2901750 PACIFIC MERCHANT SHIPPING ASSOCIATI 70 WASHINGTON ST SUITE 305 OAKLAND CA 94607 SUPPORT SERVICES 2486000 INTEGREON BES LLC 4150 19TH AVENUE SOUTH SUITE 202 FARGO ND 58103 SUPPORT SERVICES 1706030 28 0 MEMBER ASSESSMENTS 900099 150611097 150611097 150611097 5431582 5431582 0 0 0 0 0 12222 5912 6310 6310 6310 0 0 0 0 0 0 0 0 0 MANAGEMENT FEES 900099 847000 847000 INSURANCE REFUND 900099 286132 286132 CUSTODIAL MANAGEMENT FEES 900099 14572528 14572528 424172 424172 16129832 172178821 166740929 0 5437892 0 0 0 0 4515062 153856 23082357 1565866 6111509 1694428 0 13120451 488837 362859 0 0 9880661 0 2449530 2184306 0 3257511 599502 0 606914 0 0 2564810 1396011 LONGSHORE TRAINING PROGRAMS 51797711 LONGSHORE DISPATCH HALLS 49408104 PAYROLL PROCESSING FEES 2752922 LEGAL SETTLEMENTS 2057344 1616866 181667417 169267780 165560182 508548567 439674213 0 0 94935047 77881433 0 0 0 0 0 0 0 0 2993333 2611109 113950807 59914247 53449487 54036560 0 0 0 0 0 0 0 0 32699163 42385527 861893377 782149024 43690971 30205698 0 0 0 0 0 0 0 0 0 0 0 0 147394529 13153 499975208 591046200 691060708 621265051 X 170832669 160883973 0 0 0 0 170832669 160883973 861893377 782149024 X -9488596 -460100 X false true X true false false false false 150611097 362859 362859 362859 4930975 4930975 46592493 17645192 28947301 9155249 6157541 2997708 13007969 9335119 3672850 40264121 26776395 13487726 54036560 DEPOSITS 2716588 INVESTMENT IN SUBSIDIARY 1582205 ROU ASSET 38086734 42385527 0 ASSESSMENTS COLLECTED TO FUND 505936949 PAYABLE TO LONGSHORE PAYROLL 32419511 ACCRUED POST-RETIREMENT BENEFITS 12296849 OTHER LIABILITIES 40392891 591046200 X SCHEDULE D, PART X, LINE 2: THE COMPANY HAD NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025 AND 2024. THE COMPANY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS ENDING PRIOR TO JUNE 30, 2021. X X X X true true X X X X false true false JAMES MCKENNA FORMER CEO 458095 0 474628 0 1521463 0 23500 0 31855 0 2509541 0 0 0 MICHAEL WECHSLER SVP FINANCE & ADMIN/CFO 502184 0 244493 0 174982 0 116908 57867 56972 0 1095539 57867 0 0 CRAIG EPPERSON SVP, SECRETARY & GEN. COUNSEL 539266 0 260931 0 224944 0 127408 0 36476 0 1189025 0 0 0 STEPHEN HENNESSEY CEO 568684 0 234028 0 204463 0 106353 0 50030 0 1163558 0 0 0 KENNETH CHAD LINDSAY SVP LABOR RELATIONS, COO 393724 0 113191 0 19113 0 23500 0 54273 0 603801 0 0 0 WILLIAM BARTELSON VP, CONTRACT ADMIN & ARB 337634 0 101391 0 24445 0 23500 0 59489 0 546459 0 0 0 JOHN ROONEY CONTROLLER 310817 0 61831 0 9249 0 23500 0 35218 0 440615 0 0 0 PARIN JHAVERI VP, INFORMATION TECHNOLOGY 342375 0 101391 0 12900 0 23500 0 40759 0 520925 0 0 0 SEAN MARRON VP LABOR RELATIONS 292805 0 55146 0 8602 0 21900 0 55848 0 434301 0 0 0 TODD AMIDON DEPUTY GENERAL COUNSEL 311472 0 61272 0 8675 0 21117 0 34040 0 436576 0 0 0 SCHEDULE J, PART I, LINE 1A: THE ORGANIZATION PROVIDES LIMITED FIRST-CLASS TRAVEL PURSUANT TO A WRITTEN POLICY FOR CERTAIN EXECUTIVES AND/OR DISTANCES. THE ORGANIZATION PROVIDES LIMITED TRAVEL FOR COMPANIONS, PURSUANT TO POLICY FOR CERTAIN EXECUTIVES AND FOR SPECIFIED BUSINESS OCCASIONS. THE ENTIRE AMOUNT OF SUCH BENEFITS ARE NONTAXABLE. HEALTH CLUB DUES ARE PAID IN FULL OR IN PART FOR REGULAR EMPLOYEES; OTHER CLUB DUES ARE LIMITED BY POLICY TO CERTAIN EXECUTIVES. FOR ELIGIBLE EMPLOYEES, MEMBERSHIP DUES AND SUPPLEMENTAL INSURANCE PREMIUMS ARE ELIGIBLE FOR TAX GROSS-UP. SCHEDULE J, PART I, LINE 4B: THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN PROVIDES FOR ANNUAL DEFERRALS OF COMPENSATION TO ELIGIBLE PARTICIPANTS (JAMES MCKENNA, CRAIG EPPERSON, MICHAEL WECHSLER AND STEPHEN HENNESSEY). THE PLAN PROVIDES FOR 2% OF FINAL AVERAGE PAY FOR EACH YEAR OF EXECUTIVE SERVICE AS RECOMMENDED TO THE BOARD BY THE COMPENSATION CONSULTANT. THE DEFERRALS ARE TAXABLE UPON VESTING. THE TAXABLE (VESTED) DEFERRALS WERE INCLUDED IN COLUMN (B)(III) AND THE UNVESTED DEFERRALS WERE INCLUDED IN COLUMN (C) AS FOLLOWS: COLUMN (B)(III) COLUMN (C) JAMES MCKENNA 1,441,144 NONE MICHAEL WECHSLER 111,315 93,409 CRAIG EPPERSON 110,851 103,908 STEPHEN HENNESSEY 99,046 82,853 MATTHEW MCKENNA SEE PART V 290551 EMPLOYMENT false HEYDI MCKENNA SEE PART V 173420 EMPLOYMENT false PACIFIC CRANE MAINTENANCE COMPANY SEE PART V 1032442 PAYMENT FOR SERVICES false TRANSPACIFIC MAINTENANCE COMPANY SEE PART V 518500 PAYMENT FOR SERVICES false PART IV, LINE 1: FAMILY MEMBER OF JAMES MCKENNA, OFFICER. PART IV, LINE 2: FAMILY MEMBER OF JAMES MCKENNA, OFFICER. PART IV, LINE 3 CONTROLLED ENTITY OF JOSEPH GREGORIO, SR., DIRECTOR PART IV, LINE 4 CONTROLLED ENTITY OF JOSEPH GREGORIO, SR., DIRECTOR FORM 990, PART VI, SECTION A, LINE 2: CRAIG EPPERSON, JAMES MCKENNA, MICHAEL WECHSLER, BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6: THE MEMBERSHIP OF PMA CONSISTS OF DOMESTIC CARRIERS, INTERNATIONAL CARRIERS, AND STEVEDORES/NON-CARRIERS THAT OPERATE IN CALIFORNIA, OREGON, AND WASHINGTON. FORM 990, PART VI, SECTION A, LINE 7A: PMA'S BYLAWS SET FORTH THE PROCESS BY WHICH MEMBERS ELECT THE BOARD OF DIRECTORS. VOTING STRENGTH IS DETERMINED BY MEMBERSHIP CLASS (DOMESTIC CARRIER, INTERNATIONAL CARRIER, OR STEVEDORE/NON-CARRIER) AND TONNAGE OR PAYROLL HOURS. FORM 990, PART VI, SECTION A, LINE 7B: PMA'S BYLAWS SET FORTH THE MEMBERSHIP'S ROLE IN APPROVING BOARD OF DIRECTORS' DECISIONS, SUCH AS DECISIONS REGARDING DUES AND ASSESSMENTS, UNION CONTRACTS AND COMMITMENTS, AND REVISING THE BYLAWS. FORM 990, PART VI, SECTION A, LINES 8A & 8B: DOCUMENTATION IS PROMPTLY DRAFTED AND FINALIZED AS SOON AS PRACTICABLE; HOWEVER, THIS PROCESS MAY TAKE LONGER THAN 60 DAYS AFTER THE MEETING OR THE ACTION OR BY THE NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 11B: DATA WAS COMPILED AND REVIEWED BY PMA'S ACCOUNTING AND LEGAL ADVISORS, INCLUDING RESPONSES TO QUESTIONNAIRES BY DIRECTORS AND OFFICERS/KEY EMPLOYEES; AN INDEPENDENT ACCOUNTING FIRM REVIEWED THE DATA AND PREPARED THE FORM; THE FORM WAS REVIEWED AND APPROVED BY THE CEO AND CONTROLLER, PRIOR TO SIGNING BY PMA'S SENIOR VICE PRESIDENT/CFO. FORM 990, PART VI, SECTION B, LINES 12B & 12C: DIRECTORS, OFFICERS/KEY EMPLOYEES RECEIVE ANNUAL QUESTIONNAIRES FOCUSED ON CATEGORIES OF POTENTIAL CONFLICTS IDENTIFIED ON THE FORM 990, INCLUDING SCHEDULE L REPORTABLE TRANSACTIONS. POTENTIAL CONFLICTS DISCLOSED ARE REVIEWED BY PMA'S LEGAL ADVISORS. FORM 990, PART VI, SECTION B, LINES 15A & 15B: IN PREVIOUS YEARS, A COMPENSATION CONSULTANT WAS ENGAGED TO ADVISE THE BOARD ON CEO AND OFFICER COMPENSATION, AND IS USED FROM TIME TO TIME TO PROVIDE UPDATED INFORMATION TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS CEO AND OFFICER TOTAL COMPENSATION AND SUBMITS COMPENSATION LEVELS FOR THE NEXT YEAR TO THE BOARD OF DIRECTORS FOR RECOMMENDATION AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF RETIREE WELFARE COST $ (270,479) CHANGE IN EQUITY OF SUBSIDIARY $ (189,621) ---------- TOTAL $ (460,100) PMA LONGSHORE & CLERKS PAY GUARANTEE PLA 555 MARKET STREET 3RD FLOOR SAN FRANCISCO CA 94105 510137517 BENEFIT PLAN CA 501(c)(9) N/A PMA true PMA PAID HOLIDAY PLAN 555 MARKET STREET 3RD FLOOR SAN FRANCISCO CA 94105 237326998 BENEFIT PLAN CA 501(c)(9) N/A PMA true PMA WALKING BOSSES & FOREMEN'S PAY GUARA 555 MARKET STREET 3RD FLOOR SAN FRANCISCO CA 94105 942377613 BENEFIT PLAN CA 501(c)(9) N/A PMA true PMA COVID-19 SICK LEAVE PLAN 555 MARKET STREET 3RD FLOOR SAN FRANCISCO CA 94105 856286921 BENEFIT PLAN CA 501(c)(9) N/A PMA true MARITECH CORPORATION 1495 RIDGEVIEW DRIVE STE 110 RENO NV 89511 911934547 PAYROLL PROC. NV NA C CORP 2969965 2685102 1.00000 true false false false false false false false false false false false true true false false false true false false MARITECH CORPORATION L 847000 COST MARITECH CORPORATION M 2752923 COST MARITECH CORPORATION M 112541 COST MARITECH CORPORATION Q 2073987 COST