City Island Oyster Reef Inc
- Assets
- $321.8k
- Revenue
- $527.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Bronx, NY
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-3304186
Organization Overview
City Island Oyster Reef Inc is located in Bronx, NY. The organization was established in 2019. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2023, City Island Oyster Reef Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Island Oyster Reef Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, City Island Oyster Reef Inc generated $527.2k in total revenue. All expenses for the organization totaled $226.6k during the year ending 12/2023. While expenses have increased by 89.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OUTREACH CIOR BELIEVES THAT ENGAGING THE COMMUNITY THROUGH EDUCATIONAL INITIATIVES IS AN IMPORTANT WAY TO PROTECT THE ENVIRONMENT INTO THE FUTURE. WE AIM TO EDUCATE THE LOCAL COMMUNITY ABOUT OYSTERS AND THEIR PLACE AS A KEYSTONE SPECIES WITHIN LONG ISLAND SOUNDS RICH BIODIVERSITY.
OYSTER REEF CIOR HAS BEEN FUNDED TO SELECT TWO SITES FOR OYSTER REEFS FROM FIVE POTENTIAL LOCATIONS AROUND THE ISLAND THAT WERE IDENTIFIED BY AN EXTENSIVE SURVEY OF EXISTING OYSTER POPULATIONS AROUND CITY ISLAND. CIOR MONITORED THE FIVE SITES AND THE DATA ON OYSTER GROWTH AND MORTALITY FROM THOSE SESSIONS WAS USED TO INFORM THE SELECTION OF THE TWO SITES. THE PLANS AND DESIGNS FOR THE OYSTER REEFS AT THOSE SITES ARE NOW BEING PRESENTED FOR SIGN OFF AND PERMITTING. NOW THAT THE TWO SITES HAVE BEEN SELECTED, SPECIALLY ENGINEERED STRUCTURES WILL BE PUT IN PLACE, AND CURED SHELL MATERIAL WILL BE ADDED IN ORDER TO PROMOTE REEF FORMATION. IN ADDITION, CIOR HAS PARTNERED WITH LOCAL CITY ISLAND RESTAURANTS TO COLLECT THEIR DISCARDED SHELLS IN 32-GALLON BINS AND BRING THEM TO A CURING SITE AT THE PELHAM BAY LANDFILL. THE SHELLS ARE PLACED ON THE GRASS-COVERED SOIL ON TOP OF ONE ANOTHER TO A HEIGHT OF TWO FEET AND REGULARLY TURNED TO PROVIDE SUFFICIENT AIRFLOW. NO CHEMICALS ARE USED IN THE CURING PROCESS, WHICH TAKES UP TO TWELVE MONTHS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Caruso Board Member | Trustee | 5 | $0 |
Hailey Clancy PHD Board Member | Trustee | 10 | $0 |
Ann Henderson PHD Board Member | Trustee | 5 | $0 |
Sally Page Connolly Chair | Officer | 30 | $0 |
Mike Carew Vice Chair | Officer | 15 | $0 |
Barbara Zahm PHD Treasurer | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $488,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $527,157 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $527,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,005 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,629 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,324 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,575 |
| Office expenses | $2,347 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,530 |
| Travel | $2,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,354 |
| All other expenses | $770 |
| Total functional expenses | $226,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,041 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $243,839 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,903 |
| Total assets | $321,783 |
| Accounts payable and accrued expenses | $23,922 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,922 |
| Net assets without donor restrictions | $26,860 |
| Net assets with donor restrictions | $271,001 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $321,783 |