NonprofitsOceantic Network Inc

Environment

Oceantic Network Inc

BALTIMORE, MD

Total revenue

$11.9M

Total expenses

$10.1M

Net assets

$8.8M

Grants received

$515K

5 grants

EIN

463553839

Tax year

2024

Mission

To expand public and private sector knowledge, expertise and contracts for the offshore wind industry.

Programs

2 programs

Oceantic network, inc. Is using its educational initiatives: international educational tours, exchanges with international governments, webinars, annual meetings and its annual international partnering forum to educate on the topic of offshore wind. The organization brings together top developers, policymakers, global experts, and local member businesses in structured settings to provide technical training and expertise. Its goal is to educate and to advance the development of the offshore wind industry and create a competitive united states supply chain.

Expenses: $1.7M

The organization conducts studies and supports research to advance the development of offshore wind and marine offshore renewable energy. In conjunction with maryland community colleges, the organization has surveyed the education and training needs of maryland workers to accommodate a developing offshore wind industry. The organization has facilitated and participated in work force development grants based on the results of these surveys. As the development of offshore wind progresses, the network may support research of a more scientific nature, including research examining the impact of the development of offshore wind on the chesapeake bay, for example. Such research may be conducted in partnership with colleges and universities in the area and possibly involve their students as interns.

Expenses: $653K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$10.4M
Investment income$221K
Other revenue$2K
Total revenue$11.9M

Expenses

Grants paid
Salaries & benefits$4.5M
Fundraising
Other expenses$5.6M
Total expenses$10.1M
Total assets$11.6M
Net assets$8.8M

People

26 listed

NameRoleCompensation

ELIZABETH BURDOCK

EXECUTIVE DI

Board

$325K

40 hrs/wk

JOE TIRONE

SECRETARY

Board

25 hrs/wk

JOEL WHITMAN

DIRECTOR

Board

25 hrs/wk

KATERINA ENNERFELT

DIRECTOR

Board

2 hrs/wk

MARK MITCHELL

DIRECTOR

Board

2 hrs/wk

NAT SPENCER

TREASURER

Board

25 hrs/wk

TEAERA STRUM

DIRECTOR

Board

25 hrs/wk

TIM FISCHER

DIRECTOR

Board

12 hrs/wk

BELTON ZEIGLER

PARTNER

Board

2 hrs/wk

ZACH SKELTON

DIRECTOR

Board

4 hrs/wk

BRIAN SABINA

SENIOR VP

Board

4 hrs/wk

AARON SMITH

CHIEF OFFICE

Board

4 hrs/wk

KEVIN PEARCE

DIRECTOR

Board

4 hrs/wk

MARK RICE

DIRECTOR

Board

4 hrs/wk

DON HAIRSTON

DIRECTOR

Board

4 hrs/wk

TONY APPLETON

DIRECTOR

Board

16 hrs/wk

CINDY TRUITT

CHIEF EXEC.

Board

4 hrs/wk

CLARKE BRUNO

CHIEF EXEC.

Board

10 hrs/wk

EMMANUEL MARTIN-LAUZER

DIRECTOR

Board

8 hrs/wk

JAN KLAASSEN

DIRECTOR

Board

15 hrs/wk

JAY BORKLAND

BOARD CHAIR

Board

25 hrs/wk

JEN BROCK

CHIEF DEV. O

Staff

$155K

40 hrs/wk

ELIZABETH TREY

VP OF EVENTS

Staff

$144K

40 hrs/wk

TODD SHILOW

VP OF FINANC

Staff

$131K

40 hrs/wk

SAMUEL G SALUSTRO

SENIOR VP OF

Staff

$129K

40 hrs/wk

ROSS GOULD

VP SUPPLY CH

Staff

$127K

40 hrs/wk

Independent contractors

EVENT EQ

EVENT LOGISTIC

$376K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$140K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2024
$20K
2024 IPF SPONSORSHIP FY24
2024
$100K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2023
$185K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2022
$70K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2020

Funded by

$515K from 2 funders · 5 grants · 2020–2024

United States Energy Foundation

$495K · 4 grants · 2020–2024

Details

EIN463553839
NTEE codeC30
Subsection03
Ruling date2015-06
Formed2013
Employees56
OCEANTIC NETWORK INC — Mission, Financials & Grants Received | Grantivo