- Revenue 2024
- $2,456,853
- Expenses 2024
- $1,390,247
Program services were 86.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- K99Z
- Classification
- 1000
- Street
- 193 CLARKS COVE RD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
TO STRENGTHEN THE COMPETITIVE POSITION ON THE DEVELOPMENT AND COMMERCIALIZATION OF NEW MARKETABLE SPECIES OF FINFISH, SHELLFISH, AND SEA VEGETABLES BY DEVELOPING TECHNOLOGY TO LOWER INDUSTRY COST AND PROVIDE EDUCATION.
Activities or mission (Part I)
TO STRENGTHEN THE COMPETITIVE POSITION ON THE DEVELOPMENT AND COMMERCIALIZATION OF NEW MARKETABLE SPECIES OF FINFISH, SHELLFISH AND SEA VEGETABLES BY DEVELOPING TECHNOLOGY TO LOWER INDUSTRY COST. ALSO PROVIDING EDUCATION.
-
TO STRENGTHEN THE COMPETITIVE POSITION ON THE DEVELOPMENT AND COMMERCIALIZATION OF NEW MARKETABLE SPECIES OF FINFISH, SHELLFISH, AND SEA VEGETABLES BY DEVELOPING TECHNOLOGY TO LOWER INDUSTRY COST AND PROVIDE EDUCATION.
Expenses $1,199,356 · Grants $180,734 · Revenue $45,016
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Brian Beal PhDBRIAN BEAL PHD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Greg LambertGREG LAMBERT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sebastian BelleSEBASTIAN BELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Damian BradyDAMIAN BRADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carter Newell PhDCARTER NEWELL PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah BouchardDEBORAH BOUCHARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gef FlimlinGEF FLIMLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sara RadamakerSARA RADAMAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Aurora BurgessAURORA BURGESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marcy NelsonMARCY NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alicia GaieroALICIA GAIERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne Langston NollANNE LANGSTON NOLL
EXECUTIVE DIRECTOR
- Total calculated
- $111,063
- From this org
- $111,063
- From related orgs
- $0
- Other
- $0
- 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $2,456,853
- Expenses
- $1,390,247
- Contributions
- $2,344,425
- Grants paid
- $180,734
-
2023
- Revenue
- $1,089,928
- Expenses
- $1,080,711
- Contributions
- $988,200
- Grants paid
- $302,003
-
2022
- Revenue
- $1,752,040
- Expenses
- $988,467
- Contributions
- $1,751,696
- Grants paid
- $121,908
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $484,359
- Expenses
- $506,184
- Assets (EOY)
- $2,290,428
-
2020 · 990
- Revenue
- $1,578,713
- Expenses
- $495,639
- Assets (EOY)
- $2,317,206
-
2019 · 990
- Revenue
- $433,247
- Expenses
- $356,681
- Assets (EOY)
- $1,247,797
-
2018 · 990
- Revenue
- $476,049
- Expenses
- $395,486
- Assets (EOY)
- $1,186,758
-
2016 · 990
- Revenue
- $394,024
- Expenses
- $279,801
- Assets (EOY)
- $1,024,741
-
2015 · 990
- Revenue
- $209,549
- Expenses
- $123,096
- Assets (EOY)
- $1,133,529
-
2014 · 990
- Revenue
- $683,151
- Expenses
- $656,793
- Assets (EOY)
- $1,312,525
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
ATLANTIC SEA FARMS
$177,228
2023 TO SUPPORT BUSINESS AND ECONOMIC RESEARCH
-
MAINE CENTER FOR ENTREPRENEURS
$59,613
2022 TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
-
MAINE CENTER FOR ENTREPRENEURS
$59,613
2023 TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
-
MAINE CENTER FOR ENTREPRENEURS
$59,613
2024 TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
-
2022 TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
-
2023 TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
-
2024 TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
-
EDWARD MYERS MARINE CONSERVATION FUND
$35,808
2024 TO RESEARCH & EDUCATIONAL EFFORTS TO CONSERVE THE MARINE ENVIRONMENT AND MAINTAIN A SUSTAINABLE WORKING WATERFRONT
-
VERTICAL BAY SEAFARM
$25,700
2024 TO SUPPORT APPLIED RESEARCH THAT ADVANCES ECONOMICALLY AND ENVIRONMENTALLY SUSTAINABLE SEA SCALLOP AQUACULTURE
Grants received
-
2023 GENERAL SUPPORT
-
2024 general support
-
$69,712
2022 CONSERVATION
-
$46,388
2024 Northeast Conference & Expo (NACE); Maine Aquaculture Research, Development and Education Summit; Catalyzing aquaculture business and workforce development in Washington County, Maine; Farmer-to-Farmer International Knowledge Exchange Maine Workshop
-
$39,975
2023 CONSERVATION
-
$29,986
2024 CONSERVATION
-
$5,900
2023 See Part IV Supplemental Information
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.