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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)

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,700

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

Who is the CEO of Oceanographic Research & Exploration Foundation?

Janine Racanelli is the Director Ex Officio, President of Oceanographic Research & Exploration Foundation.


Official website here: www.oceanx.org

What is the revenue of Oceanographic Research & Exploration Foundation?

Oceanographic Research & Exploration Foundation's revenue in 2022 was $31,428,615.


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 2022 was $11,850. There are 2 employees and 4 volunteers at Oceanographic Research & Exploration Foundation.

Here are 4 key members and their salaries:

    Janine Racanelli (Director Ex Officio, President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Dalio (Director, Secretary, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Dalio (Director)
  • 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?

    The Oceanographic Research & Exploration Foundation’s most recent form 990 was submitted in 2022 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.

    Impact

    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.




    Thursday, August 15, 2024

    Oceanographic Research & Exploration Foundation's impact lies in its efforts to conduct scientific research and exploration of the Earth's oceans. By utilizing a world-class research and exploration ship and a package of equipment, OREF enables the exploration of the oceans and the documentation of scientific discoveries. Through this work, OREF promotes public awareness, engagement, education, and the protection of the oceans and the diverse communities they support. Collaborating with leading scientific, media, and philanthropic organizations, OREF fosters greater stewardship and protection of the oceans while advocating for scientific discovery and engagement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $598,489
  • Program Service Revenue: $20,334,393
  • Gross Receipts: $31,428,615

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

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

    SOCIAL WELFARE CHARTER

    Revenue

    $19,353,700

    SOC WELFARE PRODUCTION

    Revenue

    $980,693

    Organization Details

    Founding Year

    2018

    Principal Officer

    Janine Racanelli

    Main Address

    ONE NYALA FARMS ROAD, WESTPORT, CT, 06880

    NTEE Category

    Code: U21 - Science research

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