Overview
What is International Society Of Offshore And Polar Engineers?
The International Society of Offshore and Polar Engineers is a nonprofit organization situated in Cupertino, California. With a modest workforce of four individuals, this society has a significant mission: to provide scientific and educational support for the advancement of offshore and polar engineering. This includes organizing, sponsoring, and publishing relevant research in these fields. Their most notable activity is hosting an annual international science conference on offshore, ocean, and polar engineering, which took place from June 18-23, 2023. The society's focus on these specialized engineering sectors aims to foster innovation and knowledge exchange within the global engineering community.
Official website here: www.isope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The International Society of Offshore and Polar Engineers has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization achieved a score of 75%, with its rating derived entirely from a single beacon score. This reflects their commitment to transparency and responsible management of finances, which is crucial for fostering donor trust.
The organization demonstrates strengths in governance, with an entirely independent board and effective policies in place, including a conflict of interest policy and a document retention policy. They have reported no material diversion of assets, which reinforces their financial integrity. Furthermore, their low liabilities to assets ratio and a significant program expense ratio of 68.39% suggest that a large portion of their resources is directed towards their mission-related activities.
However, while the organization maintains a commendable financial profile, there are no additional scores provided for other performance metrics, such as impact or program effectiveness. This limited scope may leave potential donors wanting more information on the organization's overall effectiveness in fulfilling its mission-related objectives.
This AI summary has been generated from information found on Charity Navigator.
Is International Society Of Offshore And Polar Engineers legitimate?
International Society Of Offshore And Polar Engineers is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Society Of Offshore And Polar Engineers 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: $94,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,538
For more financial information, click here
Official website here: www.isope.org
What is the mission statement of International Society Of Offshore And Polar Engineers?
The International Society of Offshore and Polar Engineers is committed to providing scientific and educational support, facilitating events, sponsoring, and publishing advancements in the field of offshore and polar engineering. Their primary objective is to organize, sponsor, and publish developments in this specialized engineering sector. They achieve this by hosting significant conferences, such as the Annual International Science Conference on Offshore, Ocean, and Polar Engineering, which was scheduled for June 18-23, 2023. The society's purpose is to promote and disseminate knowledge in these unique engineering environments, aiming to foster progress and innovation in the field.
Official website here: www.isope.org
Who is the CEO of International Society Of Offshore And Polar Engineers?
Jin S Chung is the Executive Director of International Society Of Offshore And Polar Engineers.
Official website here: www.isope.org
What is the revenue of International Society Of Offshore And Polar Engineers?
International Society Of Offshore And Polar Engineers's revenue in 2023 was $694,453.
Official website here: www.isope.org
Who are the executives of International Society Of Offshore And Polar Engineers and what are their salaries?
The average compensation at International Society Of Offshore And Polar Engineers during 2023 was $57,732. There are 4 employees and 150 volunteers at International Society Of Offshore And Polar Engineers.
Here are 13 key members and their salaries:
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Official website here: www.isope.org
Where can I find the form 990 for International Society Of Offshore And Polar Engineers?
International Society Of Offshore And Polar Engineers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.isope.org
Learn more at the official website: www.isope.org
Mission Statement of International Society Of Offshore And Polar Engineers
The International Society of Offshore and Polar Engineers is committed to providing scientific and educational support in the field of offshore and polar engineering. Their mission involves organizing, sponsoring, and publishing advancements in this specialized field. By doing so, they aim to contribute to the collective knowledge and progress in offshore and polar engineering. This organization plays a significant role in fostering collaboration and disseminating information within the engineering community, promoting innovation and excellence in its respective domains.
In addition to their mission, the International Society of Offshore and Polar Engineers also takes part in hosting annual international science conferences. The conference, scheduled for June 18-23, 2023, serves as a platform for professionals in the field to present their research, share insights, and engage in discussions. This event is an opportunity for engineers to learn from each other, exchange ideas, and collaborate on projects related to offshore and polar engineering. The conference aims to bring together experts and enthusiasts, fostering a global network of professionals dedicated to advancing the field.
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Impact
July, 2024
The International Society of Offshore and Polar Engineers plays a crucial role in advancing scientific research and education in the field of offshore and polar engineering. By organizing, sponsoring, and publishing cutting-edge advancements in these areas, the society facilitates the exchange of knowledge and fosters innovation. Additionally, their sponsorship of the annual international science conference on offshore, ocean, and polar engineering provides a platform for experts to share insights and collaborate on important issues. Through these efforts, the society contributes significantly to the progress and development of offshore and polar engineering, ultimately benefiting industries and communities reliant on these specialized fields.
This information is meant to be a general summary of International Society Of Offshore And Polar Engineers. 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 2023.
- Investment Income: $82,834
- Program Service Revenue: $579,680
- Gross Receipts: $694,453
Assets and Liabilities:
- Total Assets: $6,022,114
- Total Liabilities: $3,383
- Net Assets: $6,018,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$513,177
PUBLICATION SALES
Revenue
$51,988
JOURNAL SUBSCRIPTIONS
Revenue
$14,515
Organization Details
Founding Year
1989
Phone
(650) 254-1871Principal Officer
Jin S Chung
Main Address
PO BOX 189, CUPERTINO, CA, 950150189
Website
www.isope.orgNTEE Category
Code: U40Z - Science research
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