Totals
- Total revenue
- $792,993
- Total expenses
- $461,284
- Contributions and grants received
- $72,800
- Grants paid
- $0
- Program service revenue
- $720,000
- Investment income
- $0
- Other revenue
- $193
- Total assets, end of year
- $445,920
- Total liabilities, end of year
- $44,817
- Net assets or fund balances, end of year
- $401,103
- Program services expenses (Part IX)
- $373,355
- Management and general expenses
- $87,929
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $373,355
Program services were 80.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$22,900
-
1f · All other contributions, gifts and grants
$49,900
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $720,000 · related or exempt $720,000
-
11d · All other revenue
total $193 · related or exempt $193
-
11e · Other revenue, total
$193
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $139,389 · program services $98,860 · management and general $40,529
-
7 · Other salaries and wages
total $7,348 · program services $5,177 · management and general $2,171
-
10 · Payroll taxes
total $9,514 · program services $7,421 · management and general $2,093
-
11c · Fees: accounting
total $21,105 · management and general $21,105
-
11g · Fees: other
total $201,920 · program services $195,000 · management and general $6,920
-
12 · Advertising and promotion
total $615 · program services $615
-
13 · Office expenses
total $2,873 · management and general $2,873
-
16 · Occupancy
total $993 · management and general $993
-
17 · Travel
total $48,639 · program services $43,050 · management and general $5,589
-
23 · Insurance
total $2,008 · management and general $2,008
-
24a · Other expenses: AWARD AND GRANT RELATED
total $23,232 · program services $23,232
-
24b · Other expenses: MEMBERSHIP DUES
total $3,629 · management and general $3,629
-
24e · All other expenses
total $19 · management and general $19
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $336,008 · end of year $443,036
-
4 · Accounts receivable
beginning of year $0 · end of year $1,100
-
9 · Prepaid expenses and deferred charges
beginning of year $1,591 · end of year $1,784
-
17 · Accounts payable and accrued expenses
beginning of year $18,205 · end of year $44,817
-
19 · Deferred revenue
beginning of year $250,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $69,394 · end of year $401,103
Mission and programs · 2022
Mission
THE ORGANIZATION WORKS COLLABORATIVELY WITH A RANGE OF PRIVATE SECTOR, PUBLIC SECTOR AND ACADEMIC PARTNERS TO ESTABLISH NEW BEDFORD AS THE LEADING OCEAN ECONOMY ON THE EAST COAST. OCEAN ECONOMY ENCOMPASSES OCEAN-BASED INDUSTRIES AND THE OCEAN'S ECOSYSTEMS
Activities or mission (Part I)
TO ESTABLISH NEW BEDFORD AS THE LEADING OCEAN ECONOMY ON THE EAST COAST.
-
THE ORGANIZATION WORKS COLLABORATIVELY WITH A RANGE OF PRIVATE SECTOR, PUBLIC SECTOR AND ACADEMIC PARTNERS TO ESTABLISH NEW BEDFORD AS THE LEADING OCEAN ECONOMY ON THE EAST COAST. OCEAN ECONOMY ENCOMPASSES OCEAN-BASED INDUSTRIES AND THE OCEAN'S ECOSYSTEMS.
Expenses $373,355 · Revenue $720,193
As filed on the 2022 return.
Listed in Part VII
-
John BullardJOHN BULLARD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Edward Anthes-WashburnEDWARD ANTHES-WASHBURN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer MenardJENNIFER MENARD
SECRETARY & TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dale LeavittDALE LEAVITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott LimaSCOTT LIMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Cate O'KeefeCATE O'KEEFE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
John QuinnJOHN QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael QuinnMICHAEL QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chris RezendesCHRIS REZENDES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anthony SapienzaANTHONY SAPIENZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer DowningJENNIFER DOWNING
EXECUTIVE DIRECTOR
- Total calculated
- $128,937
- From this org
- $114,687
- From related orgs
- $0
- Other
- $14,250
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411379349302006
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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