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Oceanographic Research & Exploration Foundation

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

EIN: 830757695 ✦ Westport, CT ✦ Designated as a 501(c)(4)

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Overview

What is Oceanographic Research & Exploration Foundation?

The Oceanographic Research & Exploration Foundation (OREF) is a Connecticut-based nonprofit organization, located at ONE NYALA FARMS ROAD, Westport, CT, 06880. OREF's mission revolves around conducting scientific research and exploration of Earth's oceans, fostering public awareness, advocacy, scientific discovery, and stewardship. Leveraging a world-class research and exploration ship and equipment, OREF enables groundbreaking oceanic studies. Moreover, they document and distribute media and other documentation of these findings to promote public engagement and protection of the oceans and the diverse communities they support. OREF's initiatives may be carried out independently or in collaboration with leading scientific, media, and philanthropic organizations. By doing so, OREF continues to scientifically explore the oceans and support the documentation of discoveries, ultimately contributing to oceanic preservation.


Official website here: www.oceanx.org

Is Oceanographic Research & Exploration Foundation legitimate?

Oceanographic Research & Exploration Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Oceanographic Research & Exploration Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.oceanx.org

What is the mission statement of Oceanographic Research & Exploration Foundation?

The Oceanographic Research & Exploration Foundation (OREF) is dedicated to advancing scientific research and exploration of the Earth's oceans through a world-class research ship and equipment. This endeavor enables groundbreaking discoveries and findings in marine sciences. In addition, OREF documents and disseminates media and other documentation of this research to promote public awareness, engagement, education, and protection of the oceans and the diverse communities they support. The Foundation may carry out its social welfare purposes either independently or in collaboration with other organizations, entities, or partners.


Official website here: www.oceanx.org

What is the revenue of Oceanographic Research & Exploration Foundation?

Oceanographic Research & Exploration Foundation's revenue in 2023 was $31,057,090.


Official website here: www.oceanx.org

Who are the executives of Oceanographic Research & Exploration Foundation and what are their salaries?

The average compensation at Oceanographic Research & Exploration Foundation during 2023 was $11,850. There 4 volunteers at Oceanographic Research & Exploration Foundation.

Here are 4 key members and their salaries:


Mark Dalio (Director, Secretary, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Dalio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janine Racanelli (Director Ex Officio, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Wagner (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oceanx.org

Where can I find the form 990 for Oceanographic Research & Exploration Foundation?

Oceanographic Research & Exploration Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.oceanx.org

Learn more at the official website: www.oceanx.org

Mission Statement of Oceanographic Research & Exploration Foundation

The Oceanographic Research & Exploration Foundation (OREF) is a non-profit organization that is dedicated to advancing scientific research and exploration of the Earth's oceans. Through its world-class research and exploration ship and comprehensive equipment package, OREF enables groundbreaking discoveries and investigations of the underwater world.

In addition to conducting research, OREF documents and disseminates media and other documentation from these scientific endeavors. This outreach effort aims to increase public awareness, engagement, education, and protection of the oceans and the diverse communities they support. OREF carries out its social welfare purposes both independently and in collaboration with other organizations, entities, or partners.

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Impact




October, 2024

The Oceanographic Research & Exploration Foundation (OREF) significantly impacts ocean science and conservation through a robust series of integrated programs focused on research, exploration, and public engagement. By utilizing a state-of-the-art research and exploration ship, OREF supports extensive scientific investigations into the Earth's oceans, uncovering vital information about marine ecosystems and biodiversity.

In addition to conducting research, OREF places a strong emphasis on documenting and disseminating its findings to enhance public awareness and advocacy for ocean protection. The media and educational materials produced serve not only to inform the public but also to inspire greater stewardship of oceanic resources. Collaborating with scientific, media, and philanthropic organizations, OREF fosters a collective effort toward advancing ocean exploration and conservation efforts.

Through its initiatives, OREF plays a crucial role in fostering a deeper understanding of oceanic systems and their importance to our planet, ultimately promoting the protection and sustainable management of marine environments.




This information is meant to be a general summary of Oceanographic Research & Exploration Foundation. 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
$31,057,090 (2023)
Expenses
$38,267,548 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,453,135
  • Program Service Revenue: $9,131,388
  • Gross Receipts: $31,057,090

Assets and Liabilities:

  • Total Assets: $198,595,941
  • Total Liabilities: $113,121
  • Net Assets: $198,482,820

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SOCIAL WELFARE CHARTER

Revenue

$8,297,374

SOC WELFARE PRODUCTION

Revenue

$834,014

Organization Details

Founding Year

2018

Principal Officer

Janine Racanelli

NTEE Category

Code: U21 - Science research

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