nmea international conference and expo annual business … annual breakfast presentation...
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NMEA International Conference and Expo
Annual Business Meeting
September 29, 2011
Sanibel Island, Ft. Myers, Florida
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President’s Membership Report
NMEA International Conference and Expo
Annual Business Meeting
September 29, 2011
Sanibel Island, Ft. Myers, Florida
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2011 Membership Analysis by Type
Boat Builder 0%
Master Dealer 2%
Associate 14%
Manufacturer 21%
Trade 29%
Dealer 34%
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2011 Membership Analysis by Region
Southwest 6%
Northwest 10%
Gulf/Great Lakes 10%
Mid Atlantic 15%
New England 17%
Southeast 20%
International 22%
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2007 – 2011 Membership History
by Year by Type
0
50
100
150
200
250
2007 2008 2009 2010 2011
79 68 69 64
0
193 196
169 167
204
9
142 134
116 125 126
141 152 148
172 172
38 45
58
75 80
2 5 5 2 1
CMET Dealers Dealers Master Dealer Manufacturer Trade Associate Boat Builder
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2007 – 2011 Membership
History by Type
0
50
100
150
200
250
CMET Dealers Dealers Master Dealer Manufacturer Trade Associate Boat Builder
2007 2008
2009 2010
2011
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540
550
560
570
580
590
600
610
2007 2008 2009 2010 2011
595
600
565
605
592
2007 – 2011 Total Membership
History
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NMEA International Conference and Expo
Annual Business Meeting
September 29, 2011
Sanibel Island, Ft. Myers, Florida
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National Marine Electronics Assoc. Annual Business Meeting
FINANCIAL REPORT
September 29th 2011
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HOW DID WE DO?
2010 RESULTS
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BALANCE SHEET 2010 2009 2008
ASSETS Current Assets $ 507,722 $ 457,644 $ 559,959 Fixed Assets $ 5,860 $ 6,150 $ 7,986 Other Assets $ 35,000 $ 35,000 $ 35,000
TOTAL ASSETS $ 548,582 $ 498,794 $ 614,900
LIABILITIES & EQUITY
Current Liabilities $ $ (2) $ 58
Equity $ 548,582 $ 498,796 $ 614,843 TOTAL LIABILITIES & EQUITY $ 548,582 $ 498,794 $ 614,900
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PROFIT & LOSS SUMMARY
2010 Actual 2009 Actual
Total Income 838,989 713,784
Total COGS 276,561 268,918
Gross Profit 562,428 444,866
Total Expenses 509,862 557,910
Net Ordinary Income 52,566 (113,044)
Net Other Income (2,243) (2,638)
Net Income/Loss $ 50,325 $ (115,682)
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$495,478
$701,612
$672,838
$895,480
$827,483
$924,912
$713,784
$838,989
$100,000
$300,000
$500,000
$700,000
$900,000
$1,100,000
$1,300,000
2003 2004 2005 2006 2007 2008 2009 2010
REVENUE TREND
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(150,000)
50,000
250,000
450,000
650,000
850,000
2010 ACTUAL 2009 ACTUAL 2008 ACTUAL
3 YEAR HISTORY P&L
Revenue COGS Expenses Net Income
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Membership 27%
Convention 19%
0183 & Install
7%
NMEA 2000 19%
Training 19%
Other 9%
2010 ACTUAL REVENUE
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Payroll 67%
Office Exp 8%
Mtg/Travel Exhibits
18%
Database Website
3%
Shipping Postage
1% Prof. Services
3%
2010 ACTUAL EXPENSES
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Publications 3%
Training 16%
NMEA 2000 6%
Convention 66%
Freight Shipping
5%
Travel 4%
2010 ACTUAL COGS
-
-
50,000
100,000
150,000
200,000
250,000
2010 & 2009 ACTUAL REVENUE COMPARISON
2010 ACTUAL 2009 ACTUAL
-
-
20,000
40,000
60,000
80,000
100,000
CMET Testing Basic MEI Advanced MEI NMEA 2000
2010 ACTUAL TRAINING REVENUE
2010 ACT 2009 ACT 2008 ACT
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WHAT IS THE PLAN FOR 2011?
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PROFIT & LOSS SUMMARY 2011 Plan 2010 Actual
Total Income 805,532 838,989
Total COGS 288,223 276,561
Gross Profit 517,309 562,428
Total Expenses 510,065 509,862
Net Ordinary Income 7,244 52,566
Net Other Income/Loss (6,600) (2,041)
Net Income/Loss 644 50,525
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Membership 36%
Convention 20%
0183 & Install
5%
NMEA 2000 20%
Training 17%
Other 2% 2011 BUDGET
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Membership 30%
Convention 20%
0183 & Install
9%
NMEA 2000 20%
Training 14%
Other 7%
2009 ACTUAL REVENUE Membership
27%
Convention 19% 0183 &
Install 7%
NMEA 2000 19%
Training 19%
Other 9%
2010 ACTUAL REVENUE
Membership 36%
Convention 20%
0183 & Install
5%
NMEA 2000 20%
Training 17%
Other 2%
2011 PLAN
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Publications 3%
Training 16%
NMEA 2000 6%
Convention 66%
Freight Shipping
5%
Travel 4%
2010 COGS - ACTUAL Publication
7%
Training 24%
NMEA 2000 9%
Convention 56%
Freight Shipping
0%
Travel 4%
2011 COGS - PLAN
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Payroll 67%
Office Exp 8%
Mtg/Travel Exhibits
18%
Database Website
3% Shipping Postage
1%
Prof. Services
3%
2010 ACTUAL EXPENSES
Payroll 70%
Office Exp 10%
Mtg/Travel Exhibits
15%
Database Website
2%
Shipping Postage
1% Prof.
Services 2%
2011 PLAN EXPENSES
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2011 YTD COMPARED TO ANNUAL PLAN
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-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
REVENUE BY MONTH
2011 ACTUAL 2011 PLAN 2010 ACTUAL
-
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
EXPENSES BY MONTH
2011 ACTUAL 2011 BUDGET 2010 ACTUAL
-
-
20,000
40,000
60,000
80,000
100,000
120,000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
MEMBERSHIP REVENUE BY MONTH
2011 ACTUAL 2011 BUDGET 2010 ACTUAL
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(10,000)
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
CONVENTION REVENUE BY MONTH
2011 ACTUAL 2011 BUDGET 2010 ACTUAL
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PROFIT & LOSS SUMMARY (Jan-Aug’11)
2011 YTD Act 2011 Plan 2010 Actual Total Income 682,687 805,532 838,989
Total COGS 117,724 288,223 276,561
Gross Profit 564,964 517,309 562,428
Total Expenses 416,714 510,065 509,862
Net Ordinary Income 148,250 7,244 52,566
Net Other Income/Loss (3,885) (6,600) (2,041)
Net Income/Loss 144,364 644 50,525
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(50,000)
50,000
150,000
250,000
350,000
450,000
550,000
650,000
750,000
2011 YTD ACTUAL 2011 YTD PLAN 2010 YTD ACTUAL
2011 P&L YTD (JAN-AUG)
Revenue COGS Expenses Net Income
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National Marine Electronics Assoc. Annual Business Meeting
-- END -- FINANCIAL REPORT
September 29th 2011
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MARINE ELECTRONICS JOURNAL
ANNUAL BUSINESS MEETING REPORT
SEPTEMBER 29, 2011
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MEJ MISSION STATEMENT
Produce a profit for the NMEA Provide support for the NMEA mission and
benefits for the NMEA members Provide a high quality magazine for members
of the NMEA
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MEJ BOARD OF DIRECTORS
President Ken Englert Maritime Communications
Vice President Tim Conroy ComMar Sales
Treasurer Paula Ross Seawide Distribution – FL
Secretary Cindy Ensley Ensley’s Radio Company
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MEJ STAFF
Bruce Cole Manager & Advertising Director
Jim Fullilove Editor
Kelly Williams Design Director
Leslie Curtis Circulation, Database Management, Administrative Support
Ann Cole Circulation & Administrative Support
Cindy Ensley Accounting
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FINANCIAL SUMMARY 2009 vs. 2010
2009 Revenue $354,405
Taxable Income $63,955
Net Profit After Taxes $47,570
Dividend to NMEA $75,000
2010 Revenue $380,624
Taxable Income $79,997
Net Profit After Taxes $57,943
Dividend to NMEA $50,000
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TOTAL DIVIDENDS TO NMEA 1995 - 2010
$731,766
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INTERNATIONAL EDITION
2nd edition of International Issue being produced in November/December 2011
Same Platform - METS Trade Fair in Amsterdam in November coordinated with NMEA’s participation in the show
Sales for 1st edition were lower than expected but higher than the Nov/Dec 2009 issue
Goal - support NMEA’s standards, training and members’ products & services worldwide
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THANK YOU FOR YOUR SUPPORT OF NMEA THROUGH ADVERTISING IN MARINE ELECTRONICS JOURNAL
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Technical Department Report
NMEA International Conference and Expo
Annual Business Meeting
September 28, 2011
Sanibel Island, Ft. Myers, Florida
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Education, Education, Education
• Collaboration with the Education Committee and Trainers
• Completed New and Updated NMEA 2000 Course Materials
• 2012 New and Updated Materials for MEI and AMEI
• On-line MEI
• Consistency and Professionalism
Decade of Smart
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Decade of Smart
Advanced Marine Electronic Installer (AMEI)
• Work Will Be Begin in 2012 for 2013
• New Delivery in 2013
• Module of Specialties
• AMEI would Need 4 within 2 years
• ½ Day Courses
• Ongoing Education
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Decade of Smart
Advanced Marine Electronic Installer (AMEI)
• Modules of Specialties (For Example) • Advanced NMEA 2000
• Autopilots • GMDSS Installation • Networking (other than NMEA 2000) • SatCom including TV • Transducers • Trouble Shooting NMEA 0183
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Decade of Smart
120
28
76
44
30
155
15
91
63
14
44
127
46
76
108
32
74
0
20
40
60
80
100
120
140
160
180
MEI AMEI NMEA 2000
2006 2007 2008 2009 2010 2011
NMEA Education January thru September
2006 - 2011
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Decade of Smart
0
50
100
150
200
250
300
148 150
261
121
249
214
2006 2007 2008 2009 2010 2011
NMEA Training by the Numbers Year to Year
January thru September
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Decade of Smart
Preliminary 2012 Education Schedule
January Seattle, Vancouver BC
July Mobile AL
February Costa Mesa CA , Norwalk CT
September Orlando NMEA Conference
March Portland Maine, Toronto
October Charleston SC
April Chicago
November Halifax, Providence
June Ft. Lauderdale
December Atlantic City, Seattle, Long Beach CA
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CMET
MEI
AMEI
Decade of Smart
• Utilizing the NMEA 0400 Installation Standard
• Enhancing Your Skill Set
•Differentiating Yourself
•Educating Your Customers
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Certified Marine Electronic Technician (CMET)
•Updated Test Questions Completed 2011 (500+ questions)
•Future Resources will include a Curriculum of Study
• 300+ Page Draft of Curriculum
• Current Resources • Books recommended and written by Gordon West, the NMEA Installation Standard, GROL test, Packet of Formulas
•Need Volunteers for Curriculum Drafting
Decade of Smart
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School Collaborations • International Yacht Restoration School • Landing School • Marine League of Schools / Skagit Valley Community College
• MEI On-Line Course – Gratis to NMEA
International Collaborations • British Marine Electronic Association (BMEA) • Marine Electronic Industry Promotion Association of South Korea
(MEIPA) • Working with International Council of Marine Industry Associations
(ICOMIA)
Decade of Smart
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NMEA 2000 • Product Certifications
NMEA Standards
Actisense Johnson Outdoors
Airmar Livorsi Marine
Beede Instruments Maretron
ComNav Mastervolt
Em-Trak, Mystic Valley Communications
Fischer Panda Nobletec
Garmin Rosepoint Navigation
Hemisphere GPS Simrad
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Continuing Developments
All NMEA Network Messages (PGNs)
• Searchable on the NMEA Website
• Expected New Database of Messages to be Published
•Live Demonstrations IBEX and METS
NMEA Standards
• Alarms Suite • Distributed Power • Power Generation • Updating AIS
• 9-32 Volt • Galileo
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NMEA 2011 IBEX Booth NMEA 2000 ConnectFest
“Live” for 3 Days
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Call for Equipment Manufacturers
for
BETA Testing
a
Proposed New Standard
Contact Steve Spitzer [email protected]
NMEA Standards
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NMEA 0183
•New Version 4.20 from 4.10
• Publishing January 2012
• Galileo Sentences
• Updates to AIS Sentences
• Coast Guard Petition for referencing 0183 still working
NMEA Standards
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NMEA Standards
NMEA 0400 Installation Standard
•Updating 2012/2013
•Equipment Manufacturers Reviewing
•Will follow ANSI Procedures
•International Community
•Need Volunteers for Committee
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Technical Department Report
Thank You
Steve Spitzer
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2011 MEJI 2011.pdfMARINE ELECTRONICS JOURNALMEJ MISSION STATEMENTMEJ BOARD OF DIRECTORSMEJ STAFFFINANCIAL SUMMARY �2009 vs. 2010 TOTAL DIVIDENDS TO NMEA �1995 - 2010INTERNATIONAL EDITION THANK YOU FOR YOUR SUPPORT OF NMEA THROUGH ADVERTISING IN MARINE ELECTRONICS JOURNAL
2011 NMEA Conference Annual Breakfast Meeting Tech portion .pdfSlide Number 1Slide Number 2Slide Number 3Slide Number 4Slide Number 5Slide Number 6Slide Number 7Slide Number 8Slide Number 9Slide Number 10Slide Number 11Slide Number 12Slide Number 13Slide Number 14Slide Number 15Slide Number 16Slide Number 17