Overview
What is Oceansalaska?
OceansAlaska is a nonprofit organization founded by Alaskan educators, scientists, fishermen, and business leaders. Their primary goal is to establish and manage a world-class marine science center in Alaska. This center will serve multiple purposes, including education, marine research, economic development, and the exhibition of Alaskan marine species. The project aims to stimulate the emerging shellfish industry and contribute to the economic stability of Alaskan coastal communities. In essence, OceansAlaska's mission is to construct and operate a regional hub for marine education, exhibitions, and research.
Official website here: www.oceansalaska.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Oceansalaska has earned a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance with a score of 83%. This rating is significant as it indicates the charity's commitment to transparency and responsible financial management, essential factors for potential donors. The organization has an independent board consisting entirely of qualified members and demonstrates no material diversion of assets, which adds to its credibility.
The organization excels in financial health, as evidenced by a high program expense ratio of 86.10%, meaning a significant portion of its funds goes directly to its programs. Their liabilities to assets ratio of 30.23% further showcases financial stability. Additionally, Oceansalaska adheres to several best practices, including having a conflict of interest policy and making their tax forms accessible online.
However, the charity is noted to be missing a whistleblower policy and a document retention and destruction policy, which are important for safeguarding organizational integrity and ensuring compliance. While these limitations are worth noting, the overall strong performance in accountability and finance suggests that Oceansalaska operates effectively and responsibly within its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Oceansalaska legitimate?
Oceansalaska is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oceansalaska 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,382
For more financial information, click here
Official website here: www.oceansalaska.org
What is the mission statement of Oceansalaska?
OceansAlaska is dedicated to the construction and operation of a marine education, exhibition, and research center. This non-profit organization was founded by educators, scientists, fishermen, and business leaders in Alaska with the goal of fostering learning, conducting research, and driving economic development. Through the operation of this center, Alaskan communities will benefit from the growth of the shellfish industry and a stabilized economy. The mission of OceansAlaska is to build and operate a regional marine education, research, and exhibition hub. This venture will serve as a significant economic engine for Alaska, while providing valuable opportunities for education and the display of native marine species.
Official website here: www.oceansalaska.org
Who is the CEO of Oceansalaska?
Hitomi Marsh is the President/Director of Oceansalaska.
Official website here: www.oceansalaska.org
What is the revenue of Oceansalaska?
Oceansalaska's revenue in 2022 was $204,678.
Official website here: www.oceansalaska.org
Who are the executives of Oceansalaska and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.oceansalaska.org
Where can I find the form 990 for Oceansalaska?
Oceansalaska's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oceansalaska.org
Learn more at the official website: www.oceansalaska.org
Mission Statement of Oceansalaska
OceansAlaska, a pioneering marine science center, is a mission-driven organization founded by Alaskan educators, scientists, fishermen, and business leaders. They envision a world-class facility dedicated to marine education, exhibitions, and research. This non-profit corporation sets out to build and operate such a center, fostering a deep appreciation for Alaska's marine life and facilitating advancements in marine research.
The primary objectives of OceansAlaska include education, economic development, and the display of Alaskan marine species. The organization's commitment to education stems from its belief that understanding marine ecosystems is crucial for the future of coastal communities. By providing engaging educational opportunities, OceansAlaska aims to inspire the next generation of marine scientists and conservationists.
Moreover, OceansAlaska's efforts extend beyond academic pursuits. The organization also seeks to bolster the local economy, particularly the fledgling shellfish industry. By creating a regional marine education, exhibition, and research center, OceansAlaska intends to generate economic activity and help stabilize coastal communities. The center will serve as an economic engine, attracting visitors and fostering collaborations between researchers, fishermen, and local businesses.
In summary, OceansAlaska is a visionary non-profit organization dedicated to marine education, exhibitions, and research. With a focus on education and economic development, this center will not only inspire future generations but also contribute to the growth and stability of Alaskan coastal communities by showcasing the unique marine species that call the region home.
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Impact
October, 2024
Oceansalaska aims to make a significant impact on Alaska's economy and marine education through the establishment of a regional marine education, exhibition, and research center in Ketchikan. By focusing on education, marine research, and the exhibition of Alaskan marine species, Oceansalaska serves as a catalyst for economic development, particularly in the emerging shellfish industry.
The center is designed to support local fishermen, educators, and scientists, fostering collaboration among various stakeholders. This initiative not only enhances public understanding of marine ecosystems but also provides valuable research opportunities that can lead to sustainable practices in fisheries and aquaculture. By jump-starting the shellfish industry, Oceansalaska contributes to the stabilization of coastal communities' economies, promoting resilience against economic fluctuations.
Ultimately, Oceansalaska's vision encompasses a comprehensive approach to marine science and education, positioning itself as a vital resource for both the local community and broader scientific inquiries related to Alaska’s unique marine environment.
This information is meant to be a general summary of Oceansalaska. 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.
- Investment Income: $64
- Program Service Revenue: $36,104
- Gross Receipts: $204,678
Assets and Liabilities:
- Total Assets: $3,127,195
- Total Liabilities: $945,629
- Net Assets: $2,181,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Mariculture Sales
Revenue
$36,104
Organization Details
Founding Year
1992
Phone
(907) 225-9688Principal Officer
Hitomi Marsh
Main Address
2417 Tongass Ave 111-277, Ketchikan, AK, 99901
Website
www.oceansalaska.orgNTEE Category
Code: D500 - Animals
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