Ocean Research & Conservation Association Inc

Organization Overview

Ocean Research & Conservation Association Inc is located in Vero Beach, FL. The organization was established in 2006. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 06/2022, Ocean Research & Conservation Association Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean Research & Conservation Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Ocean Research & Conservation Association Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO STUDY AND PROTECT MARINE ECOSYSTEMS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION IS DEDICATED TO THE STUDY AND PROTECTION OF MARINE ECOSYSTEMS AND THE SPECIES THEY SUSTAIN THROUGH THE DEVELOPMENT OF INNOVATIVE TECHNOLOGIES AND SCIENCE BASED CONSERVATION ACTION.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Chapman
Secretary
$0
Wayne Mills
Chairman
$0
Herb Fitz Gibbon
Vice Chairman
$0
George Jones
Employee Rep
$0
Colin Bailey
Director
$0
Angela Schinske
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,505,169
All other contributions, gifts, grants, and similar amounts not included above$1,310,396
Noncash contributions included in lines 1a–1f $82,108
Total Revenue from Contributions, Gifts, Grants & Similar$2,815,565
Total Program Service Revenue$0
Investment income $230
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,827,426

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