Overview
What is Oyster Recovery Partnership Inc?
Oyster Recovery Partnership Inc is a dedicated nonprofit organization based in Annapolis, Maryland, with a team of 23 employees. Their mission revolves around sustainable shellfish restoration, aquaculture, and wild fishery activities to protect the environment, support the economy, and preserve cultural heritage. Utilizing the resources and recommendations from various partners and reports like the 2008 Oyster Advisory Commission Report and the Chesapeake Bay Programs Oyster Management Plan, they implement a Bay-wide strategy to restore oysters as identified in the President's EO 13508 Strategy and the MD Governor's Oyster Restoration Plan. Their primary activities include large-scale oyster restoration and enforcement, as well as restoration in targeted tributaries using spat on shell, natural set, and alternative substrate. Their work contributes significantly to the preservation and revitalization of Maryland's oyster populations and ecosystems.
Official website here: www.oysterrecovery.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star Rating)
Oyster Recovery Partnership Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored a perfect 100% across several key areas, indicating not only a solid financial framework but also effective governance practices. This high rating signifies a high level of trust for donors, showcasing the charity's transparency and dedication to its mission.
One of the standout features of Oyster Recovery Partnership is its fully independent board, which operates with 100% independent members. This governance structure, combined with a well-defined audit and oversight committee, enhances the organization's credibility. The charity also emphasizes its commitment to ethical practices, as evidenced by its whistleblower policy and conflict of interest policy, which are all readily accessible to the public.
While the financial metrics are strong, with a program expense ratio of 87.17%, it is essential for potential supporters to consider the organization's long-term financial sustainability and its ongoing impact in the community. Overall, Oyster Recovery Partnership Inc appears to be a well-managed nonprofit, highly rated for its accountability and financial practices, making it a suitable option for donors seeking to support effective organizations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Oyster Recovery Partnership Inc?
96% of 22 reviewers on Facebook recommend Oyster Recovery Partnership Inc. Here is a summary of their reviews:
Many supporters express a strong belief in the organization's mission to improve water health and longevity. They appreciate the commitment shown by Oyster Recovery Partnership in developing impactful programs that address environmental concerns. Several comments highlight the importance of community involvement and education, underscoring the group's dedication to making a significant difference in the ecosystem.
Overall, the sentiment toward the nonprofit is overwhelmingly positive, with individuals feeling motivated to support its initiatives. They recognize the value of contributing to the organization’s efforts and feel that their involvement can lead to meaningful change in their local waterways. The enthusiastic endorsements reflect a shared belief in the collective responsibility toward environmental stewardship.
This AI summary has been generated from reviews found on Facebook.
Is Oyster Recovery Partnership Inc legitimate?
Oyster Recovery Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oyster Recovery Partnership 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: $190,071
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,160,417
For more financial information, click here
Official website here: www.oysterrecovery.org
What is the mission statement of Oyster Recovery Partnership Inc?
The Oyster Recovery Partnership Inc is dedicated to restoring and preserving oyster populations through sustainable science-based activities. They aim to protect the environment, support the economy, and preserve cultural heritage. The organization implements restoration projects using targeted large-scale efforts and natural methods such as spat on shell and alternative substrates. They also enforce regulations to ensure the continued recovery of oyster populations in targeted tributaries. The Partnership's mission aligns with the strategies identified in the President's EO 13508 and the Maryland Governor's Oyster Restoration Plan. Their activities contribute to the restoration of oyster populations on a bay-wide scale.
Official website here: www.oysterrecovery.org
Who is the CEO of Oyster Recovery Partnership Inc?
Tighe Merket is the Principal Officer of Oyster Recovery Partnership Inc.
Official website here: www.oysterrecovery.org
What is the revenue of Oyster Recovery Partnership Inc?
Oyster Recovery Partnership Inc's revenue in 2022 was $6,929,869.
Official website here: www.oysterrecovery.org
Who are the executives of Oyster Recovery Partnership Inc and what are their salaries?
The average compensation at Oyster Recovery Partnership Inc during 2022 was $58,717. There are 23 employees at Oyster Recovery Partnership Inc.
Here are 20 key members and their salaries:
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Official website here: www.oysterrecovery.org
Where can I find the form 990 for Oyster Recovery Partnership Inc?
Oyster Recovery Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oysterrecovery.org
Learn more at the official website: www.oysterrecovery.org
Mission Statement of Oyster Recovery Partnership Inc
Oyster Recovery Partnership Inc, a dedicated organization, is on a mission to plan, promote, and implement science-based, sustainable shellfish restoration, aquaculture, and wild fishery activities. This endeavor aims to protect the environment, support the economy, and preserve culture and heritage.
The organization takes a multi-faceted approach to oyster recovery, leveraging the collective resources and capabilities of all its partners. Guided by recommendations from the 2008 Oyster Advisory Commission Report and the Chesapeake Bay Programs Oyster Management Plan, Oyster Recovery Partnership Inc initiates a widespread strategy to restore oysters. This strategy involves a continuous, multi-year restoration process of targeted large-scale projects and enforcement efforts.
Moreover, the organization conducts restoration in targeted tributaries using spat on shell, natural set, and alternative substrates as appropriate. These activities are crucial for the long-term health and sustainability of oyster populations and the ecosystems they support. By implementing these measures in accordance with the President's EO 13508 Strategy and the MD Governor's Oyster Restoration Plan, Oyster Recovery Partnership Inc is making significant strides in the important work of oyster recovery and habitat creation.
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Impact
October, 2024
Oyster Recovery Partnership Inc significantly impacts the environment and local economy through its dedicated efforts in sustainable shellfish restoration and aquaculture. By implementing science-based strategies for oyster recovery and habitat creation in Maryland, the organization supports ecological balance and biodiversity in the Chesapeake Bay.
The partnership fosters large-scale restoration projects that utilize innovative techniques such as spat on shell, natural sets, and alternative substrates. These efforts are crucial for revitalizing oyster populations that play a vital role in maintaining water quality and ecosystem health. Moreover, the organization emphasizes collaboration by leveraging resources from various partners, enhancing the effectiveness of the restoration initiatives.
In addition to environmental benefits, Oyster Recovery Partnership Inc contributes to the local economy by promoting sustainable fisheries and aquaculture practices. This approach not only helps preserve cultural heritage tied to oyster fishing but also provides livelihoods for local communities. Through its comprehensive and synchronized recovery efforts, the organization is paving the way for a more sustainable and resilient marine environment.
This information is meant to be a general summary of Oyster Recovery Partnership 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: $54,189
- Program Service Revenue: $107,316
- Gross Receipts: $7,173,039
Assets and Liabilities:
- Total Assets: $1,921,352
- Total Liabilities: $300,309
- Net Assets: $1,621,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT AND SALES REVENUE
Revenue
$107,316
Organization Details
Founding Year
1972
Phone
(410) 990-4970Principal Officer
Tighe Merket
Main Address
1805A VIRGINIA STREET, Annapolis, MD, 21401
Website
www.oysterrecovery.orgNTEE Category
Code: D30 - Animals
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