Ocean Alchemists Research Inc

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

EIN: 874008355 ✦ Tampa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Ocean Alchemists Research Inc?

Ocean Alchemists Research Inc is a nonprofit organization dedicated to combating Stony Coral Tissue Loss Disease (SCTLD), a significant threat to coral reefs worldwide. They have developed the world's first coral ointment, Coralcure Ointment Base 2b, as part of their mission. To execute this mission, the organization employs a CEO, whose role involves distributing the coral ointment to foreign entities. Ocean Alchemists Research Inc's efforts aim to preserve and protect coral reefs, contributing to the maintenance of marine ecosystems and the overall health of our planet's oceans.

Is Ocean Alchemists Research Inc legitimate?

Ocean Alchemists Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Alchemists Research Inc submitted a form 990EZ, 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.

What is the mission statement of Ocean Alchemists Research Inc?

Ocean Alchemists Research Inc, as per its mission, developed the first coral ointment, Coralcure Ointment Base 2b, to combat Stony Coral Tissue Loss Disease (SCTLD). To effectively distribute this product, the organization has allocated funds for a CEO's salary. By doing so, Ocean Alchemists Research aims to contribute to the preservation of coral reefs, which are crucial ecosystems facing significant threats. The organization's work focuses on finding solutions to SCTLD, a disease that poses serious risks to coral populations worldwide.

Who is the CEO of Ocean Alchemists Research Inc?

Unavailable

What is the revenue of Ocean Alchemists Research Inc?

Ocean Alchemists Research Inc's revenue in 2022 was $0.

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


Here are 3 key members and their salaries:


Katie Balut (Director)
  • Compensation: $24,146
  • Related: $0
  • Other: $0
Michael Favero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Balut (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ocean Alchemists Research Inc?

Ocean Alchemists Research Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ocean Alchemists Research Inc

Ocean Alchemists Research, a pioneering organization, has dedicated its mission to combating Stony Coral Tissue Loss Disease (SCTLD). They have achieved this by developing the world's first coral ointment, Coralcure Ointment Base 2b. This initiative includes funding a CEO's salary for the distribution of this groundbreaking treatment to various international entities. By focusing on SCTLD, Ocean Alchemists Research aims to contribute significantly to the preservation and restoration of coral reefs, which are crucial for marine ecosystems and human communities. The organization's efforts in creating and disseminating Coralcure Ointment Base 2b represent a significant stride in the fight against coral diseases, potentially paving the way for healthier and more resilient coral reefs worldwide.

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Impact




October, 2024

Ocean Alchemists Research Inc has made a significant impact by developing the world's first coral ointment, Coralcure Ointment Base 2b, specifically designed to combat Stony Coral Tissue Loss Disease (SCTLD). This innovative solution addresses a critical threat to coral ecosystems, which are vital to marine biodiversity and coastal protection. By providing an effective treatment for SCTLD, Ocean Alchemists Research is not only contributing to the restoration and preservation of coral reefs but also promoting ecological resilience. Their efforts play a crucial role in safeguarding marine life, enhancing ecological health, and sustaining the livelihoods of communities dependent on vibrant coral ecosystems.




This information is meant to be a general summary of Ocean Alchemists Research Inc. 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Main Address

    4421 SWEETWATER DRIVE, TAMPA, FL, 33615

    NTEE Category

    Code: H90 - Medical research

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