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Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)

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

EIN: 272918478 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)?

Billion Oyster Project Inc., previously known as New York Harbor Foundation Inc., is a nonprofit organization based in New York City, specifically at 10 South Street Slip 7. Their primary objective is to restore oyster reef habitats in New York Harbor through collaborative efforts with various technical, educational, and volunteer networks. This mission is achieved by constructing structures for oyster restoration, cultivating oysters through aquaculture and other restoration activities, installing reef structures to promote self-sustaining oyster populations, and repurposing mollusk shells from waste streams with the help of restaurants, states, and industries for restoration purposes. Essentially, Billion Oyster Project Inc. aims to revitalize the oyster population in New York Harbor through public education initiatives.


Official website here: www.billionoysterproject.org

Is Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc) legitimate?

Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc) 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: $196,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,294,463

For more financial information, click here


Official website here: www.billionoysterproject.org

What is the mission statement of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)?

The Billion Oyster Project, formerly known as New York Harbor Foundation Inc, aims to restore oyster reefs in New York Harbor through various public education initiatives. Their mission, in essence, is to revive the oyster population in the harbor by collaborating with interdisciplinary partners and engaging the local community in hands-on activities. This restoration process involves constructing structures for oyster restoration, restoring oysters through aquaculture and other activities, installing reef structures to promote self-sustaining oyster populations, and recycling mollusk shells from waste streams for use in restoration projects. This initiative not only restores the oyster population but also serves to educate the public about the importance of marine ecosystems and sustainable practices.


Official website here: www.billionoysterproject.org

Who is the CEO of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)?

Peter Malinowski is the Chair of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc).


Official website here: www.billionoysterproject.org

What is the revenue of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)?

Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)'s revenue in 2022 was $4,973,727.


Official website here: www.billionoysterproject.org

Who are the executives of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc) and what are their salaries?

The average compensation at Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc) during 2022 was $69,203. There are 36 employees and 1,500 volunteers at Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc).

Here are 30 key members and their salaries:

    Peter Malinowski (Executive Director)
  • Compensation: $160,976
  • Related: $0
  • Other: $30,252

    • Kathleen Mosher-Smith (Director Programs)
  • Compensation: $111,132
  • Related: $0
  • Other: $19,156

    • Maria Victoria Maronilla (Director Of Finance & Operations)
  • Compensation: $102,248
  • Related: $0
  • Other: $22,242

    • Ann Fraioli (Director Of Education)
  • Compensation: $101,928
  • Related: $0
  • Other: $84

    • Ronny Krishana (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Murray L Fisher (Former Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sophia C Koven (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Lee (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Bramwell- Stewart (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James F Lima (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shea Thorvaldsen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mercedes Tech (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot H Steelman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andria Castellanos (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miles Pincus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Pincus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Bradley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Xander Fong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madeline N Wachtel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Jaconi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Kligerman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracie Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Garber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Ong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Burnham (Former Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jayni Chase (Former Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John De Cruz (Former Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ayana Elizabeth Johnson (Former Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Orff (Former Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.billionoysterproject.org

    Where can I find the form 990 for Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)?

    The Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.billionoysterproject.org

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

    Mission Statement of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc)

    The Billion Oyster Project Inc., formerly known as the New York Harbor Foundation Inc., is committed to restoring oyster reefs in New York Harbor through public education initiatives. Their mission, in simple terms, is to foster a sustainable oyster population in the harbor. They achieve this by engaging various networks, including technical, educational, and volunteer groups, to co-create oyster reef structures. The Billion Oyster Project also restores oysters through aquaculture and other restoration activities, installing reef structures that promote self-sustaining populations. Furthermore, they divert mollusk shells from the waste stream, transforming them into a source of cured shells for restoration purposes through partnerships with restaurants, states, and industries. This holistic approach aims to revitalize the harbor's oyster population, contributing to a healthier marine ecosystem and providing a valuable educational opportunity for the public.

    Impact

    This information is meant to be a general summary of Billion Oyster Project Inc (Formerly New York Harbor Foundation Inc). Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Billion Oyster Project Inc, formerly known as New York Harbor Foundation Inc, has a significant impact on the restoration of oyster reefs in New York Harbor. Through public education initiatives and interdisciplinary partnerships, the organization engages in restoring oyster reef habitat by building structures, engaging technical, educational, and volunteer networks, and restoring oysters to the harbor through aquaculture and other restoration activities. By installing reef structures that promote self-sustaining oyster populations and diverting mollusk shells from the waste stream for restoration purposes, Billion Oyster Project is actively working towards the restoration of the harbor ecosystem.





    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: $4,874
  • Program Service Revenue: $533,524
  • Gross Receipts: $5,183,726

    • Assets and Liabilities:
  • Total Assets: $3,279,884
  • Total Liabilities: $407,855
  • Net Assets: $2,872,029
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE FEES

    Revenue

    $533,524

    Organization Details

    Founding Year

    2010

    Principal Officer

    Peter Malinowski

    Main Address

    10 SOUTH STREET SLIP 7, NEW YORK, NY, 10004

    NTEE Category

    Code: B90 - Education

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