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Ocean Visions Inc

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

EIN: 842130219 ✦ Leesburg, VA ✦ Designated as a 501(c)(3)

Overview

What is Ocean Visions Inc?

Ocean Visions Inc, based in Leesburg, Virginia, is a dedicated nonprofit organization focused on addressing the pressing issue of excessive CO2 and greenhouse gases in our global oceans. Their mission is to foster innovative and sustainable solutions to the complex challenges impacting marine ecosystems. In 2022, they continued their efforts in supporting the development of Ocean-Based Carbon Removal (OBCR) technologies, including validating the effectiveness of sinking seaweed to sequester carbon and increasing support for ocean-based climate solutions at international gatherings. With a team of eight dedicated individuals, Ocean Visions Inc is actively contributing to research frameworks, RFPS, and international conferences to advance OBCR technologies and promote responsible research and development.


Official website here: www.oceanvisions.org

Is Ocean Visions Inc legitimate?

Ocean Visions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Visions Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $249,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $546,632

For more financial information, click here


Official website here: www.oceanvisions.org

What is the mission statement of Ocean Visions Inc?

Ocean Visions Inc's mission is centered around developing innovative and durable solutions to the complex challenges faced by our oceans. One of the primary focuses is on addressing the dangerous threat of excess CO2 and other greenhouse gases, which are causing harmful heating and acidification of the ocean. In 2022, the organization continued its core work, supporting the development of Ocean Carbon Dioxide Removal (OCDR) technologies. This involved catalyzing efforts against identified priorities, such as validating the efficacy and impacts of sinking seaweed to sequester carbon, and increasing support for ocean-based climate solutions at international gatherings like the UN Ocean Conference and COP27. Ocean Visions Inc also collaborated with the Sabin Center for Climate Change Law at Columbia University on a project to develop model federal laws for responsible research and development of OCDR technologies.


Official website here: www.oceanvisions.org

Who is the CEO of Ocean Visions Inc?

Brad Ack is the Chair of Ocean Visions Inc.


Official website here: www.oceanvisions.org

What is the revenue of Ocean Visions Inc?

Ocean Visions Inc's revenue in 2022 was $3,044,937.


Official website here: www.oceanvisions.org

Who are the executives of Ocean Visions Inc and what are their salaries?

The average compensation at Ocean Visions Inc during 2022 was $99,494. There are 8 employees and 25 volunteers at Ocean Visions Inc.

Here are 5 key members and their salaries:

    Brad Ack (Executive Director & Chief Innovation Officer)
  • Compensation: $240,333
  • Related: $0
  • Other: $8,984

    • Emanuele Dilorenzo (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Handy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Knowlton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fiorenza Micheli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oceanvisions.org

    Where can I find the form 990 for Ocean Visions Inc?

    The Ocean Visions Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oceanvisions.org

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

    Mission Statement of Ocean Visions Inc

    Ocean Visions Inc, a nonprofit organization, is dedicated to addressing complex challenges facing our oceans. Their mission is centered around developing innovative and enduring solutions to neutralize the threats posed by excessive carbon dioxide and other greenhouse gases, which are causing dangerous heating and acidification of our oceans. In pursuit of this mission, Ocean Visions Inc has been actively supporting the advancement of Ocean-Based Carbon Removal (OBCR) technologies. In 2022, they continued their efforts by catalyzing numerous initiatives aimed at validating the efficacy and impacts of various OBCR methods, such as sinking seaweed to sequester carbon. They also took part in various Request for Proposals (RFPs) with partners to drive progress in key areas, including ocean alkalinity enhancement, and advocated for ocean-based climate solutions at international gatherings like the UN Ocean Conference and COP27. Ocean Visions Inc further collaborated with the Sabin Center for Climate Change Law at Columbia University on a project to establish model federal laws that facilitate responsible research and development of OBCR technologies.

    Impact

    This information is meant to be a general summary of Ocean Visions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Ocean Visions Inc is actively developing innovative and durable solutions to address the complex challenges facing our ocean. In particular, Ocean Visions Inc is focusing on ocean-based carbon removal, which is crucial in combatting the dangerous threat of excess CO2 and other greenhouse gases that are causing heating and acidification of our global ocean.

    In 2022, Ocean Visions Inc continued to push forward its core work by supporting the development of ocean-based carbon dioxide removal (CDR) technologies. This included efforts such as building a global research framework to validate the efficacy and impacts of sinking seaweed to sequester carbon, running various requests for proposals (RFPs) with partners to advance priorities in ocean alkalinity enhancement, advocating for ocean-based climate solutions at international gatherings like the UN Ocean Conference and COP27, and partnering with institutions like the Sabin Center for Climate Change Law at Columbia University on a project to develop model federal laws to facilitate responsible research and development of ocean-based CDR technologies.

    Through its mission to develop innovative solutions for ocean challenges and its targeted focus on ocean-based carbon removal, Ocean Visions Inc is making a significant impact in the realm of science research and climate change mitigation.





    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: $37,133
  • Program Service Revenue: $12,500
  • Gross Receipts: $3,044,937

    • Assets and Liabilities:
  • Total Assets: $4,025,912
  • Total Liabilities: $73,639
  • Net Assets: $3,952,273
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $12,500

    Organization Details

    Founding Year

    2019

    Principal Officer

    Brad Ack

    Main Address

    1019-B EDWARDS FERRY RD 1024, LEESBURG, VA, 20176

    NTEE Category

    Code: U21 - Science research

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