NonprofitsPalacios Marine Agricultural Research Inc

Science & Technology

Palacios Marine Agricultural Research Inc

CORPUS CHRISTI, TX

Total revenue

$3.2M

Total expenses

$2.9M

Net assets

$4.2M

Grants received

$5.5M

2 grants

EIN

845079866

Tax year

2023

Mission

See schedule o

Financials

FY 2023

Revenue

Contributions & grants$3M
Program service revenue$91K
Investment income$73K
Other revenue$52K
Total revenue$3.2M

Expenses

Grants paid$152K
Salaries & benefits$1.3M
Fundraising
Other expenses$1.5M
Total expenses$2.9M
Total assets$4.3M
Net assets$4.2M

People

11 listed

NameRoleCompensation

LARRY MCKINNEY

DIRECTOR

Board

$138K

20 hrs/wk

JAMES MEYN

CHIEF EXECUTIVE OFFICER

Board

$116K

40 hrs/wk

JOHN J JOHNSON

SECRETARY

Board

2 hrs/wk

DAVID F SUTTER

DIRECTOR

Board

2 hrs/wk

JOSE SEVILLA

ADVISORY DIRECTOR

Board

2 hrs/wk

KENNETH W TRAWICK

DIRECTOR

Board

2 hrs/wk

STEPHEN W ALTHEIDE

TREASURER

Board

5 hrs/wk

DAVID HOYER

VICE CHAIRMAN

Board

2 hrs/wk

CLARK C FLATO

BOARD CHAIRMAN

Board

8 hrs/wk

JOE FOX

FORMER EXECUTIVE DIRECTOR

Staff

$222K

40 hrs/wk

GAIL SUTTON

DIRECTOR OF OPERAT.

Staff

$144K

40 hrs/wk

Independent contractors

TRI MORAN DEVELOPMENT INC

CONTRACT LABOR

$280K

TIMOTHY RICHARDSON

CONSULTING

$104K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$3M
GENERAL OPERATIONS
2023

Funded by

$5.5M from 1 funder · 2 grants · 2022–2023

Ed Rachal Foundation

$5.5M · 2 grants · 2022–2023

Details

EIN845079866
NTEE codeU21
Subsection03
Ruling date2021-07
Formed2020
Employees9
Volunteers0
PALACIOS MARINE AGRICULTURAL RESEARCH INC — Mission, Financials & Grants Received | Grantivo