Northeastern Regional Association Of Coastal Ocean Observation Syste
- Assets
- $603.7k
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Portsmouth, NH
- Founding
- 02/2010
- Data as of
- 09/2021
- EIN
- 26-4607435
Organization Overview
Northeastern Regional Association Of Coastal Ocean Observation Syste is located in Portsmouth, NH. The organization was established in 2010. 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 09/2021, Northeastern Regional Association Of Coastal Ocean Observation Syste employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeastern Regional Association Of Coastal Ocean Observation Syste 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 09/2021, Northeastern Regional Association Of Coastal Ocean Observation Syste generated $3.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.9m during the year ending 09/2021. While expenses have increased by 3.1% per year over the past 6 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, Northeastern Regional Association Of Coastal Ocean Observation Syste has awarded 96 individual grants totaling $18,471,550. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTHEASTERN REGIONAL ASSOCIATION OF COASTAL AND OCEAN OBSERVING SYSTEMS' (NERACOOS) MISSION IS TO PRODUCE, INTEGRATE AND COMMUNICATE HIGH- QUALITY INFORMATION THAT HELPS ENSURE SAFETY, ECONOMIC AND ENVIRONMENTAL RESILIENCE, AND SUSTAINABLE USE OF THE COASTAL OCEAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NERACOOS MONITORS THE OCEAN IN THE NORTHEASTERN REGION, AN AREA THAT STRETCHES FROM THE GULF OF MAINE TO LONG ISLAND SOUND. THIS IS A LARGE, DYNAMIC ENVIRONMENT THAT CHANGES CONTINUOUSLY. PEOPLE WHO WORK AND PLAY ON THE WATER, AS WELL AS THOSE WHO LIVE IN COASTAL COMMUNITIES, DEPEND ON THE DATA AND FORECASTS WE PROVIDE TO MAKE SOUND DECISIONS. PEOPLE USE OUR PRODUCTS TO DECIDE WHEN TO BRING LARGE OIL TANKERS INTO PORT, WHERE TO GO FOR THE BEST WAVES FOR SURFING, AND WHETHER IT'S SAFE TO GO FISHING. IN ADDITION, SCIENTISTS AND METEOROLOGISTS USE OUR DATA TO BETTER UNDERSTAND AND PREDICT WHAT'S HAPPENING IN THE OCEAN - SUCH AS STORMS, SEA-LEVEL CHANGE, ANIMAL MIGRATIONS, AND HARMFUL ALGAE BLOOMS. WE DELIVER ALL THIS INFORMATION TO HELP PROTECT LIVES AND PROPERTY, EMPOWER COASTAL ECONOMIES, AND IMPROVE THE HEALTH OF OUR OCEANS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Cardeiro Finance Dire | Officer | 40 | $115,496 |
Jake Kritzer Executive Di | Officer | 40 | $85,000 |
John Ru Morrison Executive Di | Officer | 40 | $29,661 |
John Trowbridge President | OfficerTrustee | 2 | $0 |
Philip Trowbridge Vice Preside | OfficerTrustee | 2 | $0 |
Christian Williams Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,666,944 |
| All other contributions, gifts, grants, and similar amounts not included above | $175,647 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,842,591 |
| Total Program Service Revenue | $471 |
| Investment income | $83 |
| 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 | $3,843,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,099,472 |
| Grants and other assistance to domestic individuals. | $14,979 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $284,732 |
| Compensation of current officers, directors, key employees. | $120,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $264,538 |
| Pension plan accruals and contributions | $14,883 |
| Other employee benefits | $49,641 |
| Payroll taxes | $43,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $17,533 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,668 |
| Advertising and promotion | $0 |
| Office expenses | $38,121 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,627 |
| Travel | -$3,044 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,726 |
| All other expenses | $0 |
| Total functional expenses | $3,920,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275,710 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $317,995 |
| 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 | $8,044 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,963 |
| Total assets | $603,712 |
| Accounts payable and accrued expenses | $307,265 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $307,265 |
| Net assets without donor restrictions | $296,447 |
| 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 | $603,712 |
Grants Awarded
Over the last fiscal year, Northeastern Regional Association Of Coastal Ocean Observation Syste has awarded $3,094,831 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
Orono, ME PURPOSE: SEE PART IV | $1,101,898 |
Concord, NH PURPOSE: SEE PART IV | $449,986 |
UNIVERSITY OF CONNECTICUT PURPOSE: SEE PART IV | $350,770 |
Woods Hole, MA PURPOSE: SEE PART IV | $346,174 |
Portland, ME PURPOSE: SEE PART IV | $291,550 |
Shrewsbury, MA PURPOSE: SEE PART IV | $238,459 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northeastern Regional Association Of Coastal Ocean Observation Syste has recieved totaling $22,488.
| Awarding Organization | Amount |
|---|---|
National Fish And Wildlife Foundation Washington, DC PURPOSE: Improving Northeast Coast | $22,488 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bigelow Laboratory For Ocean Sciences East Boothbay, ME | $62,794,897 | $20,387,195 |
Sea Education Association Inc Falmouth, MA | $20,669,049 | $7,982,566 |
Northeastern Regional Association Of Coastal Ocean Observation Syste Portsmouth, NH | $603,712 | $3,843,145 |
Atlantic White Shark Conservancy Inc Chatham, MA | $1,610,848 | $1,610,574 |
The Perry Institute For Marine Science Inc Waitsfield, VT | $1,181,677 | $1,963,951 |
Maine Center For Coastal Fisheries Stonington, ME | $1,822,874 | $1,157,511 |
Gulf Of Maine Lobster Foundation Inc Kennebunk, ME | $142,201 | $438,105 |
Society For Marine Mamalogy Yarmouth Port, MA | $3,099,610 | $367,619 |
Marine Studies Consortium Jamaica Plain, MA | $114,977 | $0 |
Zephyr Education Foundation Falmouth, MA | $64,674 | $0 |
Associated Scientists At Woods Hole Inc Woods Hole, MA | $39,455 | $0 |
Northfield Underwater Search And Rescue Team Northfield, MA | $14,678 | $7,181 |