Overview
What is Marine Spill Response Corporation?
Marine Spill Response Corporation (MSRC) is a nonprofit organization headquartered in Herndon, Virginia. MSRC focuses on minimizing environmental harm caused by oil or substance discharges through their comprehensive response services. Using their personnel, equipment, and contractors, MSRC works diligently to contain, clean up, and mitigate such incidents. They also maintain valuable information on oil discharge resources and keep updated on their capabilities. MSRC conducts regular training, drills, and exercises to ensure readiness for oil spill response situations. In addition, MSRC expanded its mission in 1999 to make its communication equipment and other resources available for use during natural or man-made disasters, such as hurricanes, floods, or fires. MSRC's primary goal is to protect the public welfare by mitigating environmental damage to waters, with an undetermined number of people benefiting from their efforts.
Official website here: www.msrc.org
Is Marine Spill Response Corporation legitimate?
Marine Spill Response Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Marine Spill Response Corporation 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: $3,375,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,989,514
For more financial information, click here
Official website here: www.msrc.org
What is the mission statement of Marine Spill Response Corporation?
The Marine Spill Response Corporation (MSRC) is dedicated to safeguarding public welfare by minimizing environmental harm caused by oil spills or other substance discharges. MSRC's mission extends to waters under the jurisdiction of the U.S. or authorized by the board of directors. The organization aims to benefit the general public, not a specific group, and its efforts are focused on containing, cleaning up, or mitigating oil spills using the corporation's personnel, equipment, and contractors. MSRC maintains up-to-date information about oil spill response resources and conducts training, drills, and exercises to review capabilities and ensure response readiness. In 1999, MSRC expanded its purpose to make its communication equipment and other resources available for use in response to natural or man-made disasters, such as hurricanes, floods, or fires.
Official website here: www.msrc.org
Who is the CEO of Marine Spill Response Corporation?
John Swift is the Vp of Marine Spill Response Corporation.
Official website here: www.msrc.org
What is the revenue of Marine Spill Response Corporation?
Marine Spill Response Corporation's revenue in 2022 was $101,884,381.
Official website here: www.msrc.org
Who are the executives of Marine Spill Response Corporation and what are their salaries?
The average compensation at Marine Spill Response Corporation during 2022 was $66,954. There are 573 employees at Marine Spill Response Corporation.
Here are 18 key members and their salaries:
- Compensation: $773,497
- Related: $0
- Other: $44,430
- Compensation: $0
- Related: $399,848
- Other: $84,019
- Compensation: $393,668
- Related: $0
- Other: $76,909
- Compensation: $360,891
- Related: $0
- Other: $60,500
- Compensation: $352,610
- Related: $0
- Other: $48,233
- Compensation: $333,509
- Related: $0
- Other: $58,446
- Compensation: $320,387
- Related: $0
- Other: $57,804
- Compensation: $272,273
- Related: $0
- Other: $53,274
- Compensation: $222,389
- Related: $0
- Other: $46,488
- Compensation: $193,377
- Related: $0
- Other: $63,063
- Compensation: $194,594
- Related: $0
- Other: $46,825
- Compensation: $205,334
- Related: $0
- Other: $25,559
- Compensation: $187,284
- Related: $0
- Other: $35,855
- Compensation: $88,137
- Related: $0
- Other: $13,938
- Compensation: $38,500
- Related: $0
- Other: $0
- Compensation: $34,650
- Related: $0
- Other: $0
- Compensation: $30,800
- Related: $0
- Other: $0
- Compensation: $19,250
- Related: $0
- Other: $0
Official website here: www.msrc.org
Where can I find the form 990 for Marine Spill Response Corporation?
Marine Spill Response Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msrc.org
Learn more at the official website: www.msrc.org
Mission Statement of Marine Spill Response Corporation
Marine Spill Response Corporation (MSRC) is a mission-driven organization dedicated to safeguarding public welfare by minimizing environmental damage to waters, including those in the United States and beyond, in the event of an oil or substance spill. MSRC's primary goal is to prevent and contain such discharges, employing the corporation's personnel, equipment, and contractors in the process. The corporation maintains and updates comprehensive information on oil spill response resources and related data. MSRC's training, drills, and exercises serve to evaluate the organization's oil spill response capabilities and promote readiness for various scenarios. In 1999, MSRC expanded its mission, in accordance with an IRS ruling, to provide its communication equipment and other resources for use during responses to natural or man-made disasters, such as hurricanes, floods, and fires.
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Impact
October, 2024
Marine Spill Response Corporation (MSRC) plays a critical role in environmental protection by providing essential oil spill response services. Through their comprehensive program, MSRC aims to contain, clean up, and mitigate oil discharges and threats to water bodies. Utilizing a combination of its own personnel and specialized contractors, the organization effectively coordinates responses to oil spills, ensuring that immediate and effective action is taken to minimize environmental harm.
MSRC also places significant emphasis on preparedness and training. By conducting drills and exercises, MSRC continually enhances its oil discharge response capabilities, allowing for a swift and effective reaction to incidents as they arise. Furthermore, following an IRS ruling in 1999, MSRC broadened its mission to include the provision of its communication equipment and resources for various natural and manmade disasters, such as hurricanes, floods, and fires.
Through its actions, MSRC seeks to promote public welfare by safeguarding the U.S. waters and, potentially, other areas where its services are authorized. This overarching mission has a positive ripple effect on the general public, as the organization's efforts contribute to the health of ecosystems, recreational areas, and water safety across affected regions.
This information is meant to be a general summary of Marine Spill Response Corporation. 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: -$720,205
- Program Service Revenue: $5,048,187
- Gross Receipts: $104,939,762
Assets and Liabilities:
- Total Assets: $179,406,381
- Total Liabilities: $84,350,980
- Net Assets: $95,055,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPILL RESPONSE SERVICES
Revenue
$5,048,187
Organization Details
Founding Year
1990
Phone
(703) 326-5600Principal Officer
John Swift
Main Address
220 Spring Street Suite 500, Herndon, VA, 201706207
Website
www.msrc.orgNTEE Category
Code: C20 - Environment
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