NonprofitsMarine Resources Development Foundation

Science & Technology

Marine Resources Development Foundation

KEY LARGO, FL

Total revenue

$6.7M

Total expenses

$11.3M

Net assets

$18.5M

Grants received

$106K

7 grants

EIN

670258256

Tax year

2024

Mission

Promoting responsible & sustainable use of marine resources through education, research,& collaboration.

Programs

2 programs

The marinelab undersea laboratory hosted research and educational programs while it was submerged in our lagoon from 1985 - 2018. After it was removed from the water in 2018, it was renovated and turned into an interactive museum, designed to provide an experience that mimics the feeling of being in a working undersea research station.

Marinelab conducts outreach programs through hosting events on site, such as our monthly free family days, and having a presence at local community events. Thousands of people of all ages have learned something new about the ocean this year.

Financials

FY 2024

Revenue

Contributions & grants$4.0M
Program service revenue$2.7M
Investment income$14K
Other revenue$39K
Total revenue$6.7M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising$8.5M
Other expenses$9.7M
Total expenses$11.3M
Total assets$27.8M
Net assets$18.5M

People

11 listed

NameRoleCompensation

GINETTE HUGHES

CEO

Board

$85K

40 hrs/wk

SARAH EGNER

OFFICER

Board

$65K

32 hrs/wk

IAN KOBLICK

DIRECTOR

Board

20 hrs/wk

DAVID STONE

DIRECTOR

Board

0.5 hrs/wk

NEIL MONNEY

VICE CHAIRMAN

Board

0.5 hrs/wk

BOB RUSSELL

TREASURER

Board

0.5 hrs/wk

KATHLEEN MCCUE

SECRETARY

Board

1 hrs/wk

SHAWN TOLLEY

DIRECTOR

Board

1 hrs/wk

LES BURKE

DIRECTOR

Board

1 hrs/wk

CRAIG MULLEN

DIRECTOR

Board

0.5 hrs/wk

TONYA KOBLICK

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$26K
MARINE ENVIRONMENTAL SUPPORT
2024
$22K
Funding for student scholarships.
2023
$10K
Mangrove ecology field trips for 5th graders.
2021

Funded by

$106K from 3 funders · 7 grants · 2018–2024

Ocean Reef Conservation Association Inc

$74K · 5 grants · 2018–2024

Baptist Health South Florida Inc

$22K · 1 grant · 2023

Details

EIN670258256
NTEE codeU210
Subsection03
Ruling date1985-09
Formed1970
Employees53
Volunteers0
MARINE RESOURCES DEVELOPMENT FOUNDATION — Mission, Financials & Grants Received | Grantivo