International Society Of Offshore And Polar Engineers

Organization Overview

International Society Of Offshore And Polar Engineers is located in Cupertino, CA. The organization was established in 1991. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. As of 06/2024, International Society Of Offshore And Polar Engineers employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Society Of Offshore And Polar Engineers 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 06/2024, International Society Of Offshore And Polar Engineers generated $941.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $757.6k during the year ending 06/2024. While expenses have increased by 4.7% per year over the past 9 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

SCIENTIFIC AND EDUCATIONAL SUPPORT OF ORGANIZING, SPONSORING AND PUBLISHING ADVANCES IN OFFSHORE AND POLAR ENGINEERING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSORSHIP OF ANNUAL INTERNATIONAL SCIENCE CONFERENCE ON OFFSHORE, OCEAN AND POLAR ENGINEERING HELD JUNE 16-21, 2024.


PUBLICATION OF JOURNAL, CONFERENCE AND SYMPOSIUM PROCEEDINGS OF REFEREED PAPERS.


SCHOLARSHIPS AND AWARD PRIZES, GIVEN TO INDIVIDUAL GRADUATE STUDENTS OF OFFSHORE, OCEAN AND POLAR ENGINEERING


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Board, Officers & Key Employees

Name (title)Compensation
Prof Jin S Chung
Executive Director
$54,949
Y Chung
Manager
$39,442
Prof H Liu
Officer
$0
Prof A Baeten
Officer
$0
Dr S Yamaguchi
Officer
$0
Prof L Martinelli
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$24,988
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$230
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,218
Total Program Service Revenue$647,183
Investment income $264,390
Tax Exempt Bond Proceeds $0
Royalties $4,333
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 $941,124

Peer Organizations

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