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Ocean Exploration Trust Inc.

Ocean Exploration Trust Inc.

New London, CT 06320
Tax ID83-0488383

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About this organization

Revenue

$11,932,015

Expenses

$10,947,732

Website

oceanexplorationtrust.org

Mission

ADVANCE THE EMERGING FIELDS OF OCEAN EXPLORATION AND ARCHAELOGICAL OCEANOGRAPHY THROUGH CO-SPONSORING AND SUPPORTING DEEP SEA EXPEDITIONS AND SUPPORTING THE DEVELOPMENT OF ADVANCED TECHNOLOGY REQUIRED BY DEEP SEA EXPEDITIONS. FURTHERING PUBLIC INTEREST AND SCIENTIFIC RESEARCH IN THE FIELDS OF OCEAN EXPLORATION AND ARCHAELOGICAL OCEANOGRAPHY THROUGH THE SUPPORT OF REAL-TIME EDUCATIONAL PROGRAMMING AND DISSEMINATION OF DEEP SEA EXPEDITION RESEARCH THROUGH A VARIETY OF EDUCATIONAL OUTREACH EFFORTS.

About

IN 2019, OET COMPLETED A 5.5-MONTH FIELD SEASONCOMPRISED OF 13CRUISES IN THE EASTERN PACIFIC AND CENTRAL PACIFIC ABOARD E/V NAUTILUS AND 1 MOBILE DEPLOYMENT IN LAKE HURON, FOR A TOTAL OF 193 OPERATIONAL DAYS. THE E/VNAUTILUSBEGAN OFF THE COAST OF SAN PEDRO, CALIFORNIA AND MAPPED PARTS OF WEST COAST NATIONAL MARINE SANCTUARIES TO SAN FRANCISCO, WHERE WE MOBILIZED A TWO-WEEK JOINT OCEANOGRAPHIC AND "OCEAN WORLDS" EXPEDITION AT GORDA RIDGE, RESULTING IN THE DISCOVERY OF A NEW HYDROTHERMAL VENT SITE, LEAD BY A TEAM ON SHORE. WE MAPPED SEAMOUNTS ON OUR WAY ACROSS THE PACIFIC TO HAWAII. FROM THERE WE CONDUCTED A BASIC EXPLORATION CRUISE CONSISTING OF MAPPING AND ROV CHARACTERIZATION IN SOME PREVIOUSLY UNEXPLORED REGIONS OF THE US LINE ISLANDS, RESULTING IN THE ESTABLISHMENT OF NEW BASELINE BENTHIC ORGANISM INVENTORIES ON SEVERAL RIDGES AND SEAMOUNTS. A SECOND BASIC EXPLORATION EXPEDITION MAPPED AND CHARACTERIZED PARTS OF THE HOWLAND AND BAKER UNIT AND JOHNSTON ATOLL UNIT OF THE PACIFIC REMOTE ISLANDS MARINE NATIONAL MONUMENT. ON BOTH OF THESE EXPEDITIONS WE DEPLOYED INSTRUMENTED WAVE BUOYS TO AID IN OBSERVATIONS IN REMOTE LOCATIONS. TWO EXPEDITIONS SEARCHED FOR LOST AIRCRAFT: THE PAN AM SAMOAN CLIPPER, LOST IN 1938 NORTH OF AMERICAN SAMOA, AND THE LOCKHEED ELEKTRA AIRCRAFT, AMELIA EARHART WAS FLYING, AND WHICH DISAPPEARED SOMEWHERE IN THE CENTRAL PACIFIC IN 1937. ALTHOUGH BOTH SEARCHES WERE UNSUCCESSFUL IN LOCATING THE LOST AIRCRAFT, HUNDREDS OF SQUARE KILOMETERS OF HIGH RESOLUTION MAPPING DATA AND HUNDREDS OF HOURS OF ROV VIDEO IMAGERY WERE OBTAINED ON THESE EXPEDITIONS. OET COLLABORATED WITH SEVERAL NATIONAL MARINE SANCTUARIES, INCLUDING AMERICAN SAMOA, GREATER FARALLONES,CORDELL BANK, ANDMONTEREY BAY TO AID IN CHARACTERIZATION OF THESE PROTECTEDAREAS. IN ADDITION TO BIOLOGICAL AND GEOLOGICAL EXPLORATION, OET ALSO EXPERIMENTED WITH NEW SAMPLING TECHNIQUES AND TECHNOLOGIES,INCLUDING A HIGH RESOLUTION MAPPING SYSTEM AT SUBMERGEDCAVES ON OSBORN BANK IN SOUTHERN CALIFORNIA.ALL EXPLORATION PROGRAMS TOOK ADVANTAGE OF OUR TELEPRESENCE CAPABILITIES AND EXTENSIVE EDUCATION AND OUTREACH NETWORK TO REACH BROAD AUDIENCES.

Interesting data from their 2019 990 filing

The filing sets forth the mission of the non-profit as “Advance the emerging fields of ocean exploration and archaelogical oceanography through co-sponsoring and supporting deep sea expeditions and supporting the development of advanced technology required by deep sea expeditions. furthering public interest and scientific research in the fields of ocean exploration and archaelogical oceanography through the support of real-time educational programming and dissemination of deep sea expedition research through a variety of educational outreach efforts.”.

When detailing its responsibilities, they were listed as: “Advance the emerging fields of ocean exploration and archaelogical oceanography through co-sponsoring and supporting deep sea expeditions and supporting the development of advanced technology required by deep sea expeditions. furthering public interest and scientific research in the fields of ocean exploration and archaelogical oceanography through the support of real-time educational programming and dissemination of deep sea expedition research through a variety of educational outreach efforts.”.

  • The state in which the non-profit is legally permitted to operate is CT.
  • The address of the non-profit for 2019 according to the filing is 613 WILLIAMS STREET, NEW LONDON, CT, 06320.
  • The number of employees reported by the non-profit on their form as of 2019 is 22.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $809,258.
  • The CEO compensation structure within the organization is based on a review and approval from a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $2,493,986 in salary, compensation, and benefits to its employees.
  • The organization pays $305,380 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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