Overview
What is Gulf Offshore Research Institute?
The Gulf Offshore Research Institute, located in Mandeville, Louisiana, serves as a nonprofit organization with a mission to explore and implement alternative uses for offshore oil and gas platforms. Recently, they have submitted a permit application for Arena Offshore to repurpose their platform and completed a comprehensive CCS study for the same company. This institute's activities are focused on fostering sustainable solutions for offshore energy infrastructure, striving to create new possibilities for its use beyond its original purpose.
Official website here: www.gulfoffshoreresearch.com
Is Gulf Offshore Research Institute legitimate?
Gulf Offshore Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gulf Offshore Research Institute 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: $114,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gulfoffshoreresearch.com
What is the mission statement of Gulf Offshore Research Institute?
The Gulf Offshore Research Institute's mission revolves around finding alternative uses for offshore oil and gas platforms. Specifically, they aim to repurpose these platforms for different purposes, demonstrating their commitment to sustainable solutions in the energy sector. As evidenced by their actions, they have prepared and submitted a permit application for Arena Offshore to repurpose their platform, and have completed a Carbon Capture and Storage (CCS) study for the same company. By pursuing these initiatives, the institute is actively working towards finding innovative ways to utilize offshore structures beyond their initial oil and gas purposes.
Official website here: www.gulfoffshoreresearch.com
Who is the CEO of Gulf Offshore Research Institute?
Kent Satterlee is the Executive Director of Gulf Offshore Research Institute.
Official website here: www.gulfoffshoreresearch.com
What is the revenue of Gulf Offshore Research Institute?
Gulf Offshore Research Institute's revenue in 2022 was $220,035.
Official website here: www.gulfoffshoreresearch.com
Who are the executives of Gulf Offshore Research Institute and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gulfoffshoreresearch.com
Where can I find the form 990 for Gulf Offshore Research Institute?
Gulf Offshore Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gulfoffshoreresearch.com
Learn more at the official website: www.gulfoffshoreresearch.com
Mission Statement of Gulf Offshore Research Institute
The Gulf Offshore Research Institute, a nonprofit entity, is dedicated to finding alternative uses for offshore oil and gas platforms. Their primary mission involves exploring and implementing innovative solutions to repurpose these platforms, aiming to contribute to environmental sustainability and resource conservation. To achieve this goal, the institute has engaged with Arena Offshore, submitting a permit application to facilitate the repurposing of their platform. Moreover, the institute has completed a Carbon Capture and Storage (CCS) study for Arena Offshore, providing valuable insights and recommendations for transforming offshore oil and gas platforms into more eco-friendly structures.
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Impact
October, 2024
The Gulf Offshore Research Institute significantly impacts the energy sector by exploring and facilitating alternative uses for offshore oil and gas platforms. By preparing and submitting permit applications for companies like Arena Offshore, the institute plays a crucial role in repurposing these platforms, which can help minimize environmental impacts while maximizing resource utilization. Its completion of a carbon capture and storage (CCS) study for Arena Offshore underscores its commitment to innovative solutions that enhance sustainability. This initiative not only supports the transition towards greener energy practices but also contributes to local economic development in Mandeville, LA, by promoting education and research in an evolving industry landscape.
This information is meant to be a general summary of Gulf Offshore Research Institute. 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.
- Gross Receipts: $220,035
Assets and Liabilities:
- Total Assets: $48,928
- Total Liabilities: $26,741
- Net Assets: $22,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Research activities
Organization Details
Founding Year
2018
Principal Officer
Kent Satterlee
Main Address
2895 Hwy 190 STE 217, Mandeville, LA, 70471
Website
www.gulfoffshoreresearch.comNTEE Category
Code: B05 - Education
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