Oyster Recovery Partnership Inc
- Assets
- $2.1m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 23
- Location
- Annapolis, MD
- Founding
- 09/1972
- Data as of
- 12/2021
- EIN
- 23-7204806
Organization Overview
Oyster Recovery Partnership Inc is located in Annapolis, MD. The organization was established in 1972. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Oyster Recovery Partnership Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oyster Recovery Partnership 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 12/2021, Oyster Recovery Partnership Inc generated $6.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $6.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PLAN, PROMOTE IMPLEMENT SCIENCE-BASED SUSTAINABLE SHELLFISH RESTORATION, AQUACULTURE, AND WILD FISHERY ACTIVITIES TO PROTECT OUR ENVIRONMENT, SUPPORT OUR ECONOMY PRESERVE OUR CULTURE HERITAGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
OYSTER RECOVERY AND HABITAT CREATION IN MARYLAND OYSTER RECOVERY PARTNERSHIP UNDERTAKES A SYNCHRONIZED OYSTER RECOVERY EFFORT. LEVERAGING THE RESOURCES AND CAPABILITIES FROM ALL THE PARTNERS AND USING THE RECOMMENDATIONS OF THE 2008 OYSTER ADVISORY COMMISSION REPORT AND THE CHESAPEAKE BAY PROGRAMS OYSTER MANAGEMENT PLAN, THIS PROJECT BEGINS TO IMPLEMENT THE BAY WIDE STRATEGY TO RESTORE OYSTERS AS IDENTIFIED IN THE PRESIDENTS EO 13508 STRATEGY AND TO IMPLEMENT THE MD GOVERNORS OYSTER RESTORATION PLAN. MAJOR ACTIVITIES WILL INCLUDE 1 CONTINUED MULTI-YEAR RESTORATION PROCESS OF TARGETED LARGE SCALE RESTORATION AND ENFORCEMENT, 2 CONDUCTING RESTORATION IN TARGETED TRIBUTARIES USING SPAT ON SHELL, NATURAL SET, AND ALTERNATIVE SUBSTRATE AS APPROPRIATE, CONTINUED ON SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Ward Slacum Executive Director | Officer | 40 | $144,751 |
Jim Perdue Co-Chair | OfficerTrustee | 1 | $0 |
Tighe Merkert Co-Chair | OfficerTrustee | 1 | $0 |
Russell Dize Director | OfficerTrustee | 1 | $0 |
Joe Jackins Treasurer/secretary | OfficerTrustee | 1 | $0 |
Bob Driscoll Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Of Md For Environmental Oyster Production | 12/30/21 | $821,861 |
Samuel J Leonard Jr Oyster Production | 12/30/21 | $281,872 |
Bevans Oyster Company Oyster Production | 12/30/21 | $798,892 |
Electric Edge Systems Group Monitoring | 12/30/21 | $234,000 |
Shop Cove Aquaculture Oyster Production | 12/30/21 | $298,940 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,263,012 |
| All other contributions, gifts, grants, and similar amounts not included above | $874,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,137,517 |
| Total Program Service Revenue | $119,157 |
| Investment income | $24,903 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $112 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,281,689 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,057 |
| Compensation of current officers, directors, key employees. | $38,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,105,341 |
| Pension plan accruals and contributions | $123,538 |
| Other employee benefits | $182,202 |
| Payroll taxes | $98,071 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,344 |
| Fees for services: Accounting | $25,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,695 |
| Fees for services: Other | $4,103,937 |
| Advertising and promotion | $0 |
| Office expenses | $56,059 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,824 |
| Travel | $47,343 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $896 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $89,536 |
| All other expenses | $0 |
| Total functional expenses | $6,305,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,661 |
| Savings and temporary cash investments | $253,343 |
| Pledges and grants receivable | $1,043,940 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $678,248 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,077,192 |
| Accounts payable and accrued expenses | $128,084 |
| Grants payable | $0 |
| Deferred revenue | $185,309 |
| 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 | $313,393 |
| Net assets without donor restrictions | $1,763,799 |
| 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 | $2,077,192 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Oyster Recovery Partnership Inc has recieved totaling $76,568.
| Awarding Organization | Amount |
|---|---|
Qg Community Charities Inc Bel Air, MD PURPOSE: TO SUPPORT OYSTER RESTORATION IN THE CHESAPEAKE BAY | $28,000 |
Maryland Grain Producers Utilization Board Inc Queenstown, MD PURPOSE: EDUCATION | $18,000 |
Progress Family Charitable Foundation Inc Annapolis, MD PURPOSE: SUPPORT MISSION | $10,000 |
The Keith Campbell Foundation For The Environment Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $10,000 |
Clark Charitable Foundation Inc Bethesda, MD PURPOSE: SEVERN BUILD-A-REEF PROGRAM | $5,000 |
Norman J Fisher And Doris Fisher Foundation Annapolis, MD PURPOSE: TO HELP BUILD A HEALTHIER COMMUNITY LIFE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Alliance For Climate Protection Washington, DC | $25,753,907 | $26,022,257 |
National Recreation & Park Association Ashburn, VA | $21,753,457 | $20,081,113 |
Clean Future Forum Inc Washington, DC | $8,962,972 | $9,558,489 |
Chesapeake Bay Trust Annapolis, MD | $22,649,655 | $15,960,669 |
Council On Library And Information Resources Alexandria, VA | $9,356,231 | $5,065,712 |
Rights And Resources Institute Inc Washington, DC | $36,334,536 | $33,675,806 |
Business Network For Maryland Offshore Wind Inc Baltimore, MD | $8,195,711 | $11,516,807 |
Environmental Law Institute Inc Washington, DC | $12,016,596 | $6,844,953 |
Oyster Recovery Partnership Inc Annapolis, MD | $2,077,192 | $6,281,689 |
Citizens Conservation Corps Inc Beckley, WV | $2,179,540 | $6,277,989 |
Nature Forward Inc Chevy Chase, MD | $13,470,867 | $5,136,432 |
Capital Region Land Conservancy Inc Richmond, VA | $3,496,641 | $3,866,671 |