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Caribbean Coral Restoration Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812271664 ✦ Boulder, CO ✦ Designated as a 501(c)(3)

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Overview

What is Caribbean Coral Restoration Center?

The Caribbean Coral Restoration Center is a nonprofit organization dedicated to the conservation of endangered coral species. They have expanded their efforts significantly, increasing the number of Coral Nursery ocean stations in an archipelago from two locations with 1,200 clones to six locations, each containing an average of 800 clones. This expansion includes 14 different genotypes of corals, showcasing their commitment to diversity and sustainability. Their mission aims to protect and restore coral populations, contributing to the preservation of marine ecosystems in the Caribbean.


Official website here: www.loveforthesea.com/

Is Caribbean Coral Restoration Center legitimate?

Caribbean Coral Restoration Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caribbean Coral Restoration Center submitted a form 990EZ, 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.


Official website here: www.loveforthesea.com/

What is the mission statement of Caribbean Coral Restoration Center?

The Caribbean Coral Restoration Center's mission involves enhancing the conservation efforts for endangered coral species. To achieve this, they have expanded the number of Coral Nursery ocean stations, increasing their locations from two to six, and growing the number of coral clones per station, on average, to 800. These stations cultivate 14 different geno-types of these endangered corals, aiming to preserve and propagate a diverse range of coral species in the archipelago.


Official website here: www.loveforthesea.com/

Who is the CEO of Caribbean Coral Restoration Center?

Douglas C Marcy is the President of Caribbean Coral Restoration Center.


Official website here: www.loveforthesea.com/

What is the revenue of Caribbean Coral Restoration Center?

Caribbean Coral Restoration Center's revenue in 2022 was $89,469.


Official website here: www.loveforthesea.com/

Who are the executives of Caribbean Coral Restoration Center and what are their salaries?


Here are 6 key members and their salaries:


Douglas C Marcy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Plummer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Douglas (Funding Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mack Weathers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Starlight Mundy (Strategic Planning)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Perreault (Marine Biologist Advisory)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.loveforthesea.com/

Where can I find the form 990EZ for Caribbean Coral Restoration Center?

Caribbean Coral Restoration Center's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.loveforthesea.com/

Learn more at the official website: www.loveforthesea.com/

Mission Statement of Caribbean Coral Restoration Center

The Caribbean Coral Restoration Center, a nonprofit organization, is dedicated to the preservation and propagation of endangered coral species. To achieve this, they have significantly expanded their coral nurseries, increasing the number of in-situ ocean stations from two locations with 1,200 clones each to six locations, averaging 800 clones per station. These stations host a diverse range of 14 different geno-types of corals, contributing to the conservation of a wide variety of these threatened species. By increasing the number of stations and the variety of corals, the Caribbean Coral Restoration Center aims to bolster the resilience of coral reefs in the archipelago, ensuring the survival of these vital marine ecosystems for future generations.

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Impact




June, 2024

Caribbean Coral Restoration Center has significantly expanded its impact by increasing the number of Coral Nursery ocean stations in the archipelago. Previously, there were only two locations with a total of 1,200 clones of endangered coral species. Now, there are six locations, each with an average of 800 clones representing 14 different geno-types of endangered coral species. This expansion demonstrates a tangible effort to conserve and restore coral reefs in the region, ultimately contributing to the preservation of marine biodiversity and ecosystem health.




This information is meant to be a general summary of Caribbean Coral Restoration Center. 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.

Revenue
$89,469 (2022)
Expenses
$106,351 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $89,469

Assets and Liabilities:

  • Total Assets: $57,432
  • Total Liabilities: $11,625
  • Net Assets: $45,807

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Organization Details

Principal Officer

Douglas C Marcy

Main Address

2525 Arapahoe Ave E4-167, Boulder, CO, 80302

NTEE Category

Code: C30 - Environment

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