Overview
What is Palacios Marine Agricultural Research Inc?
Palacios Marine Agricultural Research Inc, established in 2019, is a nonprofit organization based in Corpus Christi, Texas. Their sole mission is to engage in agricultural research, particularly focused on oysters and other marine organisms. The organization aims to save, restore, and enhance existing marine habitats, develop new ones, replenish and maintain marine organism stocks, and create environmentally sustainable methods for marine organism production and harvesting. They operate with a charitable purpose, as outlined in Section 501(C)(3) of the Internal Revenue Code, and their research activities extend beyond the Texas Gulf Coast. The organization's primary goal is to disseminate and educate the public about their findings. With around 5 employees, Palacios Marine Agricultural Research Inc is committed to advancing marine research and conservation.
Is Palacios Marine Agricultural Research Inc legitimate?
Palacios Marine Agricultural Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palacios Marine Agricultural Research 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: $254,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $376,444
For more financial information, click here
What is the mission statement of Palacios Marine Agricultural Research Inc?
Palacios Marine Agricultural Research Inc is organized for charitable, scientific, educational, and other exempt purposes. Its primary objective is to conduct agricultural research, focusing on saving, restoring, and enhancing the existing habitats of oysters and other marine organisms. The corporation develops new habitats for these marine organisms, assists in the long-term stability of marine organism stacks, and creates environmentally sustainable marine organism production and harvesting methodologies. It disseminates and educates the public about its research findings. The corporation's activities are determined by its Board of Directors and are not limited to the Texas Gulf Coast.
Who is the CEO of Palacios Marine Agricultural Research Inc?
Clark C Flato is the Executive Di of Palacios Marine Agricultural Research Inc.
What is the revenue of Palacios Marine Agricultural Research Inc?
Palacios Marine Agricultural Research Inc's revenue in 2022 was $2,484,282.
Who are the executives of Palacios Marine Agricultural Research Inc and what are their salaries?
The average compensation at Palacios Marine Agricultural Research Inc during 2022 was $126,225. There are 5 employees and 5 volunteers at Palacios Marine Agricultural Research Inc.
Here are 9 key members and their salaries:
- Joe Fox (Executive Di) [Trustee/Director]
- Gail Sutton (Director Of)
- Larry Mckinney (Director)
- Stephen W Altheide (Treasurer) [Trustee/Director]
- Clark C Flato (Board Chairm) [Trustee/Director]
- David Hoyer (Vice Chairma) [Trustee/Director]
- John J Johnson (Secretary) [Trustee/Director]
- David F Sutter (Director)
- Kenneth W Trawick (Director)
Where can I find the form 990 for Palacios Marine Agricultural Research Inc?
The Palacios Marine Agricultural Research Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Palacios Marine Agricultural Research Inc
Palacios Marine Agricultural Research Inc, a charity-focused organization, is dedicated to conducting agricultural research with a specific focus on marine organisms. Their primary objective is to save, restore, and enhance the existing habitats of oysters and other marine species, as well as develop new habitats for these organisms. Furthermore, they aim to replenish and contribute to the long-term stability of marine organism stacks, and develop environmentally sustainable methods for marine organism production and harvesting. The organization's mission also includes disseminating and educating the public about their findings and methods, with the ultimate goal of contributing positively to marine organism populations and their habitats.
Impact
This information is meant to be a general summary of Palacios Marine Agricultural Research Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Palacios Marine Agricultural Research Inc's impact lies in its dedicated efforts to conduct agricultural research aimed at saving, restoring, and enhancing the habitats of oysters and other marine organisms. By developing new habitats, replenishing marine organism stocks, and promoting environmentally sustainable production and harvesting methodologies, the organization plays a crucial role in supporting the long-term stability of marine ecosystems. Through its scientific research and educational initiatives, Palacios Marine Agricultural Research Inc contributes to the conservation and preservation of marine environments in the Texas Gulf Coast and beyond.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2020
Phone
(361) 881-9040
Principal Officer
Clark C Flato
Main Address
555 N CARANCAHUA SUITE 700, CORPUS CHRISTI, TX, 78401
NTEE Category
Code: U21 - Science research
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