Overview
What is Chesapeake Research Consortium Inc?
Chesapeake Research Consortium Inc is a nonprofit organization based in Edgewater, Maryland. With a workforce of 28 employees, they are dedicated to managing the Scientific and Technical Advisory Committee to the EPA Chesapeake Bay Program. Their primary mission is to coordinate research and service activities in the Chesapeake Bay and its geographically contiguous environmental region. Through their efforts, they provide scientific input that would not have been possible otherwise, contributing to the overall understanding and management of this vital waterway's ecosystem.
Official website here: www.chesapeake.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Chesapeake Research Consortium Inc has received a score of 84%, which reflects a solid performance in terms of accountability and finance. The rating indicates that the nonprofit has established strong governance practices, including a fully independent board and comprehensive financial oversight mechanisms. Most notably, there were no material diversions of assets reported, showcasing the organization’s commitment to financial integrity.
The organization excels in its program expense ratio, with a remarkable 98.78%, suggesting that a significant majority of its funds are directed towards its programs rather than administrative costs. This is a positive indicator of the group's focus on effective service delivery and fulfilling its mission. Additionally, Chesapeake Research Consortium has implemented necessary policies, such as conflict of interest and whistleblower protections, demonstrating a proactive approach to ethical management.
However, the organization faced challenges in its liabilities to assets ratio, scoring only 3 out of 15 points. This may indicate potential financial risks or a need for better management of liabilities in relation to its assets. While overall the charity maintains strong financial practices, addressing this aspect may enhance its sustainability and operational effectiveness in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Chesapeake Research Consortium Inc legitimate?
Chesapeake Research Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake Research Consortium 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: $262,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $813,407
For more financial information, click here
Official website here: www.chesapeake.org
What is the mission statement of Chesapeake Research Consortium Inc?
The Chesapeake Research Consortium Inc is dedicated to coordinating research and service activities within the Chesapeake Bay and its geographically contiguous environmental region. Their primary mission is to provide scientific input that would otherwise be impossible, thereby supporting scientific research and communication. To achieve this, they manage the Scientific and Technical Advisory Committee to the EPA Chesapeake Bay Program, contributing to various projects and initiatives aimed at improving the understanding and preservation of the Bay's ecosystem.
Official website here: www.chesapeake.org
Who is the CEO of Chesapeake Research Consortium Inc?
Denice Wardrop is the Principal Officer of Chesapeake Research Consortium Inc.
Official website here: www.chesapeake.org
What is the revenue of Chesapeake Research Consortium Inc?
Chesapeake Research Consortium Inc's revenue in 2022 was $2,081,215.
Official website here: www.chesapeake.org
Who are the executives of Chesapeake Research Consortium Inc and what are their salaries?
The average compensation at Chesapeake Research Consortium Inc during 2022 was $38,437. There are 28 employees at Chesapeake Research Consortium Inc.
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- Compensation: $138,780
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Official website here: www.chesapeake.org
Where can I find the form 990 for Chesapeake Research Consortium Inc?
Chesapeake Research Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chesapeake.org
Learn more at the official website: www.chesapeake.org
Mission Statement of Chesapeake Research Consortium Inc
The Chesapeake Research Consortium Inc, a renowned organization, is dedicated to coordinating research and service activities within the Chesapeake Bay and its geographically contiguous environmental region. The primary mission of this Consortium is to facilitate scientific research and communication, contributing significantly to the understanding and management of the area's environmental issues.
To achieve this goal, the Consortium manages the Scientific and Technical Advisory Committee to the EPA Chesapeake Bay Program. Through their efforts, they provide valuable scientific input that would not have been possible otherwise. By doing so, they contribute to the development of informed and effective strategies for addressing the environmental challenges faced by the Chesapeake Bay region.
In summary, the Chesapeake Research Consortium Inc plays a crucial role in the coordination of research and service activities, aiming to improve the understanding and management of the Chesapeake Bay and its surrounding environment. Their work is instrumental in providing valuable scientific insights that guide the development of effective solutions for the region's environmental issues.
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Impact
June, 2024
Chesapeake Research Consortium Inc plays a vital role in coordinating research and service activities focused on the Chesapeake Bay and the surrounding environmental region. By managing the scientific and technical advisory committee to the EPA Chesapeake Bay Program, this organization supports scientific research and communication that may not have otherwise been feasible. Through these activities, Chesapeake Research Consortium Inc contributes valuable insights and expertise to enhance understanding and preservation efforts in the Chesapeake Bay area.
This information is meant to be a general summary of Chesapeake Research Consortium 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: $7
- Program Service Revenue: $106,101
- Gross Receipts: $2,081,215
Assets and Liabilities:
- Total Assets: $930,173
- Total Liabilities: $650,046
- Net Assets: $280,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$70,000
CONFERENCE REGISTRATIO
Revenue
$35,068
OTHER
Revenue
$1,033
Organization Details
Founding Year
1972
Phone
(410) 798-1283Principal Officer
Denice Wardrop
Main Address
645 CONTEES WHARF ROAD, EDGEWATER, MD, 21037
Website
www.chesapeake.orgNTEE Category
Code: C053 - Environment
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