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Maine Aquaculture Innovation Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010467869 ✦ Walpole, ME ✦ Designated as a 501(c)(3)

Overview

What is Maine Aquaculture Innovation Center?

The Maine Aquaculture Innovation Center, situated in Walpole, Maine, is a nonprofit organization dedicated to enhancing the aquaculture industry's competitiveness. Their mission revolves around the development and commercialization of novel marketable species of finfish, shellfish, and sea vegetables. To achieve this, they focus on innovating technology to reduce industry costs. Moreover, they offer educational resources to contribute to the industry's growth. With a team of five dedicated individuals, the Center aims to support the sustainable development of Maine's aquaculture sector.


Official website here: www.maineaquaculture.org

Is Maine Aquaculture Innovation Center legitimate?

Maine Aquaculture Innovation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Aquaculture Innovation Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $72,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,921

For more financial information, click here


Official website here: www.maineaquaculture.org

What is the mission statement of Maine Aquaculture Innovation Center?

The Maine Aquaculture Innovation Center's mission is centered around enhancing the competitive edge of the aquaculture industry. This is achieved by focusing on the development and commercialization of novel, marketable species of finfish, shellfish, and sea vegetables. The center strives to accomplish this by innovating technology to reduce industry costs. Additionally, they provide educational resources to further support this mission.


Official website here: www.maineaquaculture.org

Who is the CEO of Maine Aquaculture Innovation Center?

Christopher Davis Phd is the President of Maine Aquaculture Innovation Center.


Official website here: www.maineaquaculture.org

What is the revenue of Maine Aquaculture Innovation Center?

Maine Aquaculture Innovation Center's revenue in 2022 was $484,359.


Official website here: www.maineaquaculture.org

Who are the executives of Maine Aquaculture Innovation Center and what are their salaries?

The average compensation at Maine Aquaculture Innovation Center during 2022 was $33,944. There are 5 employees at Maine Aquaculture Innovation Center.

Here are 8 key members and their salaries:

    Christopher Davis Phd (Executive Director/Clerk)
  • Compensation: $72,800
  • Related: $0
  • Other: $0

    • Brian Beal Phd (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Lambert (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sebastian Belle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Damian Brady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carter Newell Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Bouchard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gef Flimlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.maineaquaculture.org

    Where can I find the form 990 for Maine Aquaculture Innovation Center?

    The Maine Aquaculture Innovation Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.maineaquaculture.org

    Learn more at the official website: www.maineaquaculture.org

    Mission Statement of Maine Aquaculture Innovation Center

    The Maine Aquaculture Innovation Center, in its mission, aims to enhance the competitive edge of the aquaculture industry in the development and commercialization of novel marketable fish, shellfish, and sea vegetable species. This is accomplished through the creation of technology designed to reduce industry expenses. Furthermore, the center also prioritizes education, serving as a knowledge-sharing platform within this sector. By implementing these strategies, the Maine Aquaculture Innovation Center aims to contribute significantly to the growth and sustainability of the aquaculture industry.

    Impact

    This information is meant to be a general summary of Maine Aquaculture Innovation Center. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Maine Aquaculture Innovation Center has made a significant impact on the aquaculture industry by focusing on developing and commercializing new marketable species of finfish, shellfish, and sea vegetables. Through their efforts to lower industry costs and provide education, the center has helped strengthen the competitive position of aquaculture businesses in Maine. By researching and implementing new technologies, the center contributes to the growth and sustainability of the aquaculture sector, ultimately benefiting the local economy and food supply chain.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $515
  • Program Service Revenue: $0
  • Gross Receipts: $567,043

    • Assets and Liabilities:
  • Total Assets: $2,290,428
  • Total Liabilities: $30,441
  • Net Assets: $2,259,987
  • Organization Details

    Founding Year

    1988

    Principal Officer

    Christopher Davis Phd

    Main Address

    193 CLARKS COVE RD, WALPOLE, ME, 04573

    NTEE Category

    Code: K99Z - Food

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