Marine Research Hub Of South Florida Inc
- Assets
- $121.9k
- Revenue
- $390.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-3626190
Organization Overview
Marine Research Hub Of South Florida Inc is located in Fort Lauderdale, FL. The organization was established in 2019. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Research Hub Of South Florida Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MARINE RESEARCH HUB (MRH) MISSION IS BUILDING FLORIDA'S BLUE ECONOMY BY ENGAGING COLLABORATION FROM ALL SECTORS TO SUPPORT THE COMMERCIALIZATION OF NATURE & RESEARCH-BASED SOLUTIONS TO CREATE JOBS, BUILD BUSINESS, HARDEN OUR INFRASTRUCTURE, AND CREATE A POSITIVE IMPACT ON THE HEALTH OF OUR MARINE ENVIRONMENTS AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LARGEST PROGRAM ACCOMPLISHMENT WAS HIRING A FULL-TIME EXECUTIVE DIRECTOR WHICH ALLOWED FOR THE IMPLEMENTATION OF OUR MISSION TO BUILD THE ECOSYSTEM. THE IMPLEMENTATION OF OUR EVENTS CONNECTING RESEARCH, IMPACT, AND SOLUTIONS TOOK PLACE WITH OUR "CONNECT THE DOTS" EVENTS, OUR MARINE RESEARCH HUB SUMMIT, AND THE FIRST MRH INNOVATION AND SUSTAINABILITY AWARD AT THE FORT LAUDERDALE INTERNATIONAL BOAT SHOW (FLIBS). AT THESE EVENTS, MRH WAS ABLE TO ELEVATE SOLUTION-BASED COMPANIES TO THE COMMUNITY, MAKE CONNECTIONS FOR FUNDING, AND SHOWCASE THE OPPORTUNITY FOR BLUE ECONOMY JOBS THAT IMPACT OUR COMMUNITY AND THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Swindell President | Trustee | 8 | $0 |
Phil Purcell Vice President | Trustee | 8 | $0 |
Howard Greenberg Secretary/treasurer | Trustee | 8 | $0 |
Steve Hudson Director | Trustee | 8 | $0 |
Steve Halmos Director | Trustee | 8 | $0 |
Patrick Lahey Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $300,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,550 |
| Total Program Service Revenue | $7,000 |
| Investment income | $0 |
| 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 | $390,550 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,323 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,768 |
| Office expenses | $5,211 |
| Information technology | $28,078 |
| Royalties | $0 |
| Occupancy | $33,500 |
| Travel | $10,470 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,871 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,671 |
| All other expenses | $416 |
| Total functional expenses | $279,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,322 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $3,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $121,893 |
| Accounts payable and accrued expenses | $0 |
| 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 | $30,000 |
| Total liabilities | $30,000 |
| Net assets without donor restrictions | $91,893 |
| 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 | $121,893 |