New Jersey Sea Grant Consortium
- Assets
- $2.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 28
- Location
- Fort Hancock, NJ
- Founding
- 06/1969
- Data as of
- 09/2022
- EIN
- 23-7025812
Organization Overview
New Jersey Sea Grant Consortium is located in Fort Hancock, NJ. The organization was established in 1969. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 09/2022, New Jersey Sea Grant Consortium employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Sea Grant Consortium 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 09/2022, New Jersey Sea Grant Consortium generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $3.4m during the year ending 09/2022. While expenses have increased by 4.5% 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.
Since 2015, New Jersey Sea Grant Consortium has awarded 88 individual grants totaling $11,622,982. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WISE USE OF NEW JERSEY'S MARINE AND CAOSTAL RESOURCES THROUGH RESEARCH, EDUCATION, AND OUTREACH. TO ADVANCE KNOWLEDGE,STEWARDSHIP AND SUSTAINABLE USE OF NEW JERSEY'S MARINE AND COASTAL RESOURCES BY PROVIDING INTEGRATED RESEARCH, EDUCATION, COMMUNICATIONS, AND EXTENSION SERVICES TO NEW JERSEY'S CITIZENS AND VISITORS. NEW JERSEY SEA GRANT CONSORTIUM, INC. ALSO SUPPORTS NEW JERSEY'S PRE-COLLEGE AND POST-SECONDARY ACADEMIC INSTITUTIONS TO ENSURE THE QUALITY, AVAILABILITY, AND ACCESSIBILITY OF MARINE AND COASTAL EDUCATION PROGRAMS STATEWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION PROGRAM IS COMMITTED TO ASSURING THAT NEW JERSEYANS UNDERSTAND, VALUE, AND APPRECIATE THEIR MARINE AND COASTAL ENVIRONMENT AND ARE ABLE TO APPLY SOUND EVIDENCE AND SCIENCE-BASED INFORMATION TO MAKE WELL-INFORMED DECISIONS REGARDING ITS USE, MANAGEMENT, AND CARE. THIS IS ACCOMPLISHED THROUGH THE WIDE RANGE OF EDUCATIONAL SERVICES AND PRODUCTS THAT THE EDUCATION PROGRAM PROVIDES. THE PROGRAM'S TEACHING AND LEARNING ACTIVITIES RANGE FROM DIRECT INSTRUCTION SUCH AS FIELD TRIPS, CAMPS, SCOUT PROGRAMS, IN-SCHOOL PRESENTATIONS, COLLEGE COURSEWORK, PUBLIC OUTREACH EVENTS TO INFORMATION PREPARATION AND DISSEMINATION INCLUDING FACT SHEETS, POSTERS, LESSON PLANS, ACTIVITY GUIDES, VIDEO CONFERENCES, WEB-BASED PUBLICATIONS AND OTHER TEACHING MATERIALS.
RESEARCH ACTIVITIES - AID AND ENCOURAGE SCHOLARLY ACTIVITIES IN MARINE RELATED SUBJECTS BY ORGANIZING AND SPONSORING PROGRAMS. THIS CATEGORY ALSO INCLUDES A MANAGEMENT PROGRAM THAT ADMINISTERS AFOREMENTIONED RESEARCH CONTRACTS, AN EXTENSION PROGRAM THAT APPLIES RESULTS OF RESEARCH CONTRACTS AND A COMMUNICATIONS PROGRAM THAT BROADCASTS SCHOLARLY INFORMATION IN MARINE RELATED TO A WIDE EXPANSE OF USER GROUPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Peter M Rowe Executive Di | Officer | 40 | $105,342 |
Deborah A Quinn Corporate Se | Officer | 40 | $64,548 |
Debra A Burd Fiscal Offic | Officer | 40 | $35,262 |
Dennis T Kearney Chairperson | OfficerTrustee | 1 | $0 |
Dr Howard I Parish Vice Chairpe | OfficerTrustee | 1 | $0 |
Gregory T Aikins Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,402,887 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,446,737 |
| Total Program Service Revenue | $123,168 |
| Investment income | $1,039 |
| 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 | $3,574,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,997,769 |
| Grants and other assistance to domestic individuals. | $193,799 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $216,991 |
| Compensation of current officers, directors, key employees. | $47,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $472,817 |
| Pension plan accruals and contributions | $32,054 |
| Other employee benefits | $141,728 |
| Payroll taxes | $45,520 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,804 |
| Advertising and promotion | $1,505 |
| Office expenses | $57,647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,318 |
| Travel | $28,732 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,073 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,419,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $399,058 |
| Savings and temporary cash investments | $725,486 |
| Pledges and grants receivable | $816,903 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $58,592 |
| Net Land, buildings, and equipment | $239,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,239,684 |
| Accounts payable and accrued expenses | $89,813 |
| Grants payable | $771,436 |
| Deferred revenue | $56,872 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $918,121 |
| Net assets without donor restrictions | $1,321,563 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,239,684 |
Grants Awarded
Over the last fiscal year, New Jersey Sea Grant Consortium has awarded $1,992,898 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Piscataway, NJ PURPOSE: RESEARCH PROJECT | $897,675 |
Hoboken, NJ PURPOSE: RESEARCH PROJECT | $305,749 |
Gloucester Point, VA PURPOSE: RESEARCH PROJECT | $182,733 |
Philadelphia, PA PURPOSE: RESEARCH PROJECT | $121,448 |
THE COLLEGE OF NEW JERSEY PURPOSE: RESEARCH PROJECT | $109,346 |
West Long Branch, NJ PURPOSE: RESEARCH PROJECT | $106,237 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Jersey Sea Grant Consortium has recieved totaling $45.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stroud Water Research Center Inc Avondale, PA | $63,149,391 | $11,493,503 |
Project Ceti Inc New York, NY | $10,739,468 | $7,996,157 |
New Jersey Sea Grant Consortium Fort Hancock, NJ | $2,239,684 | $3,574,556 |
Central Caribbean Marine Institute Inc Princeton, NJ | $3,462,275 | $1,979,694 |
Research Applied Technologyeducation Service Incorporated Potsdam, NY | $614,658 | $920,167 |
Scientific Committee On Oceanic Research Newark, DE | $754,982 | $976,851 |
Okeanos Foundation (US) Inc Highland Park, NJ | $0 | $5,949 |
American Saltwater Guides Association Inc Oceanside, NY | $340,083 | $502,533 |
Nelson R Beideman Center For Responsible Fisheries Forked River, NJ | $42,292 | $0 |
Reclam The Bay Inc Waretown, NJ | $149,159 | $0 |
Floating Cities Institute Inc Brooklyn, NY | $0 | $0 |
Endicott-Reardon Family Museum A Nj Nonprofit Corporation Ocean View, NJ | $1,385,668 | $4,666 |