Overview
What is Pacific Shellfish Institute?
The Pacific Shellfish Institute, located in Olympia, Washington, is a nonprofit organization dedicated to promoting sustainable shellfish resources and a healthy marine environment. With a team of 26 employees, they carry out mission-driven research services on the U.S. West Coast. Their primary focus is to support shellfish production and improve marine water quality. Through their efforts in research and education, they aim to foster a thriving marine ecosystem, ultimately contributing to the well-being of the coastal communities and industries that depend on it.
Official website here: www.pacshell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three Stars
The Pacific Shellfish Institute has achieved a commendable Three-Star out of Four Star rating from Charity Navigator, indicating strong performance in accountability and finance. The overall score primarily reflects its exceptional accountability practices, with a perfect score for having a majority of independent board members and robust financial oversight measures in place. These factors contribute to a favorable impression of the organization's governance and transparency.
Strengths highlighted by the rating include a high program expense ratio of 93.69%, indicating that a significant portion of its expenses is directed towards program activities rather than administrative costs. Additionally, the organization has clear policies in place regarding conflict of interest, whistleblower protections, and document retention, showcasing its commitment to ethical management practices.
However, the institute received a lower score for its liabilities to assets ratio (62.50%), suggesting potential concerns about its financial leverage. While this reflects a solid foundation, it may warrant consideration for future financial strategy and sustainability. Overall, the Pacific Shellfish Institute appears to be a well-managed organization with a strong focus on its mission, but stakeholders should keep an eye on its financial ratios for a comprehensive understanding of its health.
This AI summary has been generated from information found on Charity Navigator.
Is Pacific Shellfish Institute legitimate?
Pacific Shellfish Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Shellfish Institute 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: $72,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $332,785
For more financial information, click here
Official website here: www.pacshell.org
What is the mission statement of Pacific Shellfish Institute?
The Pacific Shellfish Institute's mission is centered around promoting sustainable shellfish resources and preserving a healthy marine environment. This is achieved primarily through research and educational initiatives. The organization's research services are specifically tailored to support shellfish production and enhance marine water quality along the U.S. West Coast. By pursuing this mission, the Pacific Shellfish Institute aims to contribute positively to the overall health of marine ecosystems.
Official website here: www.pacshell.org
Who is the CEO of Pacific Shellfish Institute?
Roberta Hudson is the President of Pacific Shellfish Institute.
Official website here: www.pacshell.org
What is the revenue of Pacific Shellfish Institute?
Pacific Shellfish Institute's revenue in 2022 was $939,696.
Official website here: www.pacshell.org
Who are the executives of Pacific Shellfish Institute and what are their salaries?
The average compensation at Pacific Shellfish Institute during 2022 was $15,577. There are 26 employees at Pacific Shellfish Institute.
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- Compensation: $57,484
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- Other: $8,107
Official website here: www.pacshell.org
Where can I find the form 990 for Pacific Shellfish Institute?
Pacific Shellfish Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacshell.org
Learn more at the official website: www.pacshell.org
Mission Statement of Pacific Shellfish Institute
Pacific Shellfish Institute, a non-profit organization, is committed to promoting sustainable shellfish resources and preserving a healthy marine environment. They achieve this goal through rigorous research and educational initiatives. Specifically, their research services are tailored to support shellfish production and enhance marine water quality along the U.S. West Coast. By focusing on these areas, Pacific Shellfish Institute plays a crucial role in fostering a balanced and thriving marine ecosystem.
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Impact
July, 2024
Pacific Shellfish Institute's impact is focused on fostering sustainable shellfish resources and promoting a healthy marine environment through research and education. Their research services are mission-focused to support shellfish production and marine water quality on the U.S. West Coast. By conducting science research and providing valuable insights, Pacific Shellfish Institute plays a crucial role in the preservation and enhancement of shellfish habitats, which in turn contributes to the overall health of marine ecosystems. Their work helps to ensure the continued availability of shellfish resources and promotes responsible environmental stewardship in the region.
This information is meant to be a general summary of Pacific Shellfish Institute. 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 2022.
- Gross Receipts: $939,696
Assets and Liabilities:
- Total Assets: $333,461
- Total Liabilities: $230,283
- Net Assets: $103,178
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Organization Details
Founding Year
2004
Phone
(360) 754-2741Principal Officer
Roberta Hudson
Main Address
120 STATE AVE NE 1056, OLYMPIA, WA, 98501
Website
www.pacshell.orgNTEE Category
Code: U21 - Science research
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