Overview
What is Central Caribbean Marine Institute Inc?
Central Caribbean Marine Institute Inc, located in Princeton, New Jersey, is a nonprofit organization that focuses on research and conservation of coral reefs. Associated scientists conduct extensive studies on the status and ecology of these vital marine environments. The institute also invests in educational programs, collaborating with major U.S. universities, to promote understanding of the marine life surrounding coral reefs. Central Caribbean Marine Institute Inc's mission is to ensure the longevity of marine diversity for future generations through continuous research, education, and outreach efforts.
Official website here: www.reefresearch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Central Caribbean Marine Institute Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 97% in the Accountability & Finance category, reflecting its commitment to transparency and responsible stewardship of resources. This rating is significant as it suggests that the organization effectively manages its funds to support its mission.
The organization benefits from a fully independent board of directors, comprising five members who ensure unbiased governance. Its financial practices are robust, with no reported diversions of assets and excellent scores in areas such as audit oversight and conflict of interest policies. Additionally, the institute demonstrates operational efficiency with a program expense ratio of 82.87%, indicating that a large majority of its spending goes directly toward its programs.
Despite this strong performance, the focus on accountability and finance means that users may want to explore additional information about the organization's program outcomes and impact. However, based on the financial metrics available, Central Caribbean Marine Institute Inc appears to be a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Central Caribbean Marine Institute Inc legitimate?
Central Caribbean Marine Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Caribbean Marine Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $535,029
For more financial information, click here
Official website here: www.reefresearch.org
What is the mission statement of Central Caribbean Marine Institute Inc?
The Central Caribbean Marine Institute Inc is committed to carrying out and promoting research, education, and outreach with the goal of preserving marine diversity for future generations. Their mission encompasses conducting and facilitating studies on the health and ecology of coral reefs, often in collaboration with prominent U.S. universities. Additionally, they invest in educational programs to educate individuals about the marine life surrounding coral reefs.
Official website here: www.reefresearch.org
Who is the CEO of Central Caribbean Marine Institute Inc?
Timothy Kary is the Board Member of Central Caribbean Marine Institute Inc.
Official website here: www.reefresearch.org
What is the revenue of Central Caribbean Marine Institute Inc?
Central Caribbean Marine Institute Inc's revenue in 2022 was $2,720,921.
Official website here: www.reefresearch.org
Who are the executives of Central Caribbean Marine Institute Inc and what are their salaries?
There 30 volunteers at Central Caribbean Marine Institute Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $72,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reefresearch.org
Where can I find the form 990 for Central Caribbean Marine Institute Inc?
Central Caribbean Marine Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reefresearch.org
Learn more at the official website: www.reefresearch.org
Mission Statement of Central Caribbean Marine Institute Inc
Central Caribbean Marine Institute Inc is committed to conducting and promoting research, education, and outreach with the aim of preserving marine diversity for future generations. This nonprofit organization is dedicated to studying the health and ecology of coral reefs, collaborating with scientists from major United States universities. In addition to research, the Institute also invests in educational programs that allow individuals to learn about the marine life surrounding coral reefs. By engaging in these activities, Central Caribbean Marine Institute Inc strives to ensure that marine diversity continues to thrive and be appreciated by future generations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Central Caribbean Marine Institute Inc significantly impacts marine conservation and education through its dedicated research and outreach efforts. By conducting extensive studies on coral reef ecology and the status of marine biodiversity, it provides crucial insights that inform conservation strategies. The organization collaborates with leading U.S. universities to educate the next generation about the importance of marine ecosystems, fostering a deeper understanding and appreciation of coral reefs. This commitment to sustainability not only promotes scientific advancement but also engages communities in protecting marine life for future generations. Through its initiatives, the Institute plays a vital role in safeguarding marine diversity and promoting environmental stewardship.
This information is meant to be a general summary of Central Caribbean Marine Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $106,353
- Program Service Revenue: $138,651
- Gross Receipts: $2,827,758
Assets and Liabilities:
- Total Assets: $4,754,632
- Total Liabilities: $85,447
- Net Assets: $4,669,185
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education Fees
Revenue
$138,651
Organization Details
Founding Year
1998
Phone
(345) 948-1094Principal Officer
Timothy Kary
Main Address
1 Airport Place, Princeton, NJ, 08540
Website
www.reefresearch.orgNTEE Category
Code: U21 - Science research
If you are a representative of Central Caribbean Marine Institute Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.