Overview
What is Ocean Exchange Inc?
Ocean Exchange Inc is a nonprofit organization based in Savannah, Georgia, with a focus on accelerating the adoption of innovative solutions from startup companies, aiming to promote healthy oceans, resilient coastlines, and sustainable shipping. Each year, they host an annual exchange event in Savannah, showcasing ten solutions generated from a global call for solutions, highlighting diverse perspectives and approaches. Through this event, individuals and organizations from various fields collaborate to advance the adoption of these solutions globally. The organization's advisory board selects the recipient of the Navigator Award according to strict criteria, considering factors like feasibility, impact, readiness for execution, and environmental friendliness. The mission of Ocean Exchange Inc is to provide a platform for the exchange of ideas and the promotion of sustainable solutions for a healthier planet.
Official website here: www.oceanexchange.org
Is Ocean Exchange Inc legitimate?
Ocean Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Exchange 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.
Here are some key statistics you may want to consider:
Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,808
For more financial information, click here
What is the mission statement of Ocean Exchange Inc?
Ocean Exchange Inc is dedicated to accelerating the adoption of innovative solutions from startup companies, all in support of healthy oceans, resilient coastlines, and sustainable shipping. Their mission is to showcase and foster the implementation of cutting-edge ideas in the field of marine conservation and sustainable practices. Each year, they host an annual event featuring ten solutions generated from a global call for solutions, presenting diverse perspectives and approaches. The best solution is awarded the Navigator Award, and attendees work diligently for twelve months to promote the adoption of these solutions worldwide. Their selection criteria focus on feasibility, impact, readiness for execution, and environmental friendliness.
Official website here: www.oceanexchange.org
Who is the CEO of Ocean Exchange Inc?
Millicent Pitts is the Director of Ocean Exchange Inc. The CEO's salary of Ocean Exchange Inc is $75,000 and their total compensation is $75,000.
Official website here: www.oceanexchange.org
What is the revenue of Ocean Exchange Inc?
Who are the executives of Ocean Exchange Inc and what are their salaries?
The average compensation at Ocean Exchange Inc during 2022 was $51,904. There are 2 employees and 10 volunteers at Ocean Exchange Inc.
Here are 14 key members and their salaries (Ocean Exchange Inc's CEO's salary is $75,000 and their total compensation is $75,000):
- Millicent Pitts (Ceo/Executive Direct)
- Angus Littlejohn (Director)
- Cathy J Sakas (Director)
- Irene Reynolds Schier (Director)
- Jud Hill (Director)
- William Brennan (Chairman) [Trustee/Director]
- Roger Strevens (Director)
- Ann Carpenter (Director)
- Phil Beierl (Director)
- Charles Hinnant (Director)
- Bill Malarkey (Director)
- Phil Purcell (Director)
- Christopher Mackin (Director)
- Anshul Tuteja (Director)
Official website here: www.oceanexchange.org
Where can I find the form 990 for Ocean Exchange Inc?
The Ocean Exchange Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.oceanexchange.org
Learn more at the official website: www.oceanexchange.org
Mission Statement of Ocean Exchange Inc
Ocean Exchange Inc, a non-profit organization, is dedicated to promoting the adoption of innovative solutions from start-up companies that support healthy oceans, resilient coastlines, and sustainable shipping. Its primary mission is to accelerate the implementation of these solutions, working towards a future where the world's oceans are healthier and more sustainable.
The organization achieves this by hosting an annual exchange event, showcasing ten solutions generated from a global call for solutions. This event brings together individuals and organizations from diverse fields with expertise in managing global issues. Each year, these solutions are presented under a focus area selected for the current year, highlighting various perspectives and approaches.
The highlight of the event is the Navigator Award, given to the best solution presented. After the event, attendees work together for twelve months to advance the adoption of the ten solutions around the globe. The recipient of the award is selected by the Advisory Board of Governors of the organization based on strict criteria in the areas of feasibility, impact, readiness for execution, and environmental friendliness.
Impact
This information is meant to be a general summary of Ocean Exchange Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Monday, June 17, 2024
Ocean Exchange Inc's impact is significant in accelerating the adoption of innovative solutions from start-up companies in support of healthy oceans, resilient coastlines, and sustainable shipping. Their annual exchange event showcases ten solutions generated from a global call for solutions, bringing together individuals and organizations from diverse fields to address global issues. The organization's Navigator Award recognizes the best solution presented, which is then advanced globally with the help of attendees over the course of a year. This initiative promotes feasibility, impact, readiness for execution, and environmental friendliness in the selected solutions. Through their focused efforts, Ocean Exchange Inc is making a tangible difference in driving positive change for our environment.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL SOLUTIONS EXCHA
Revenue
$34,876
Organization Details
Founding Year
2010
Phone
(912) 660-4696
Principal Officer
Millicent Pitts
Main Address
480 BUTLER AVE, SAVANNAH, GA, 31406
Website
www.oceanexchange.org
NTEE Category
Code: C12 - Environment
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