Civic Intelligence

Business Network for Maryland Offshore Wind

990 • Fiscal year 2022 • EIN 46-3553839

Jul 01, 2022 to Dec 31, 2022 • Filed on Mar 06, 2024

1340 Smith Avenue Suite 200Baltimore, MD 21209

(443) 652-3242

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.48x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

2.15x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

5th percentile

-66%

Higher net margin than 5% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

91st percentile

$360,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

97th percentile

165%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-32%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$9,159,585

Up $963,874 (+12%) from 2022

Net Assets

Down

$4,783,780

Down $1,336,484 (-22%) from 2022

Liabilities

Up

$4,375,805

Up $2,300,358 (+111%) from 2022

Revenue

Down

$2,033,141

Down $9,483,666 (-82%) from 2022

Expenses

Down

$3,369,625

Down $3,824,818 (-53%) from 2022

Net Income

Down

-$1,336,484

Down $5,658,848 (-131%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2015: $632,984Liabilities 2015: $541,473Net Assets 2015: $91,5112015Assets 2016: $687,515Liabilities 2016: $479,233Net Assets 2016: $208,2822016Assets 2017: $1,049,126Liabilities 2017: $530,446Net Assets 2017: $518,6802017Assets 2018: $1,463,013Liabilities 2018: $356,160Net Assets 2018: $1,106,8532018Assets 2019: $1,970,421Liabilities 2019: $359,336Net Assets 2019: $1,611,0852019Assets 2020: $2,542,835Liabilities 2020: $899,526Net Assets 2020: $1,643,3092020Assets 2021: $3,461,113Liabilities 2021: $1,663,213Net Assets 2021: $1,797,9002021Assets 2022: $8,195,711Liabilities 2022: $2,075,447Net Assets 2022: $6,120,2642022Assets 2022: $9,159,585Liabilities 2022: $4,375,805Net Assets 2022: $4,783,7802022Assets 2023: $10,152,192Liabilities 2023: $3,220,195Net Assets 2023: $6,931,9972023Assets 2024: $11,568,209Liabilities 2024: $2,789,301Net Assets 2024: $8,778,9082024

Highlighted filing

2022

Assets$9,159,585
Liabilities$4,375,805
Net Assets$4,783,780

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2015: $537,083Expenses 2015: $540,145Net Income 2015: -$3,0622015Revenue 2016: $696,834Expenses 2016: $580,063Net Income 2016: $116,7712016Revenue 2017: $1,560,868Expenses 2017: $1,250,470Net Income 2017: $310,3982017Revenue 2018: $1,921,544Expenses 2018: $1,333,371Net Income 2018: $588,1732018Revenue 2019: $3,036,228Expenses 2019: $2,531,996Net Income 2019: $504,2322019Revenue 2020: $2,284,431Expenses 2020: $2,291,797Net Income 2020: -$7,3662020Revenue 2021: $2,995,834Expenses 2021: $2,841,243Net Income 2021: $154,5912021Revenue 2022: $11,516,807Expenses 2022: $7,194,443Net Income 2022: $4,322,3642022Revenue 2022: $2,033,141Expenses 2022: $3,369,625Net Income 2022: -$1,336,4842022Revenue 2023: $13,309,489Expenses 2023: $11,224,728Net Income 2023: $2,084,7612023Revenue 2024: $11,861,147Expenses 2024: $10,075,062Net Income 2024: $1,786,0852024

Highlighted filing

2022

Revenue$2,033,141
Expenses$3,369,625
Net Income-$1,336,484
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Dec 31, 2022
Signed
Mar 6, 2024
Return Version
2022v5.0
Gross Receipts
$2,033,141
Mission and Program Overview

Mission

The purpose of the organization is to expand public and private sector knowledge, expertise and contacts for the offshore wind industry so that they may participate in the global offshore wind supply chain and maximize member participation in the development, construction, maintenance and operation of the offshore wind industry and complimentary based projects.

To expand public and private sector knowledge, expertise and contracts for the offshore wind industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,809,687$5,250,135▼ $559,552
Accounts Receivable$1,415,118$2,916,909▲ $1,501,791
Cash and Non-Interest-Bearing Accounts$740,825$545,818▼ $195,007
Prepaid Expenses and Deferred Charges$181,661$398,739▲ $217,078
Land, Buildings, and Equipment, Net$17,882$37,161▲ $19,279
Total Assets$8,195,711$9,159,585▲ $963,874
Other Assets Total$30,538$10,823▼ $19,715
Liabilities
Deferred Revenue$1,263,952$3,877,976▲ $2,614,024
Accounts Payable and Accrued Expenses$811,495$497,829▼ $313,666
Total Liabilities$2,075,447$4,375,805▲ $2,300,358
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,120,264$4,783,780▼ $1,336,484
Total Net Assets Fund Balance$6,120,264$4,783,780▼ $1,336,484
Total Liabilities and Net Assets / Fund Balance$8,195,711$9,159,585▲ $963,874

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,161$20,510$57,671
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth BurdockExecutive DiFT$360,000-$360,000
Elizabeth BurdockExecutive Director-$250,000$110,000$360,000
Denielle ChristensenVP BusinessFT$147,000-$147,000
Courtney MalvikVP Digital PFT$141,527-$141,527
Ross GouldVP Supply ChFT$140,635-$140,635
Melinda SkeaVP Public AfFT$131,385-$131,385
Todd ShilowVP of FinancFT$124,665-$124,665

Board Members and Trustees

NameTitle
Jay BorklandBoard Chair
Belton ZeiglerDirector
Cindy TruittDirector
Clarke BrunoDirector
Emmanuel Martin-lauzerDirector
Jan KlaassenDirector
Joel WhitmanDirector
Katerina EnnerfeltDirector
Kevin PearceDirector
Lorry WagnerDirector
Mark MitchellDirector
Matt PalmerDirector
Paula MajorDirector
Teaera StrumDirector
Tim FischerDirector
Tony AppletonDirector
Zack SkeltonDirector
Don HairstonPast Preside
Joe TironeSecretary
Nat SpencerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$133,328
Program Service Revenue
$1,892,162
Investment Income
$595
Other Revenue
$7,056
All Other Contributions
$133,328
Change in Net Assets
$-1,336,484

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,033,141
Total Revenue per Audited Statements
$2,033,141
Total Revenue per Form 990
$2,033,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,730,232
Other Expenses$1,639,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$974,517$191,313-$1,165,830
Conferences and Meetings$547,217$82,000-$629,217
Fees for Services Other$375,797$114,374-$490,171
Current Officers, Directors, Trustees, and Key Employees$300,924$59,076-$360,000
Payroll Taxes$112,643$22,113-$134,756
Fees for Services Accounting-$70,365-$70,365
Other Employee Benefits$58,217$11,429-$69,646
Occupancy-$50,827-$50,827
Information Technology$2,783$47,054-$49,837
Advertising$18,454$10,399-$28,853
Fees for Services Legal$16,294$8,026-$24,320
Other Expenses$14,503$19,736-$19,736
Office Expenses$2,703$13,726-$16,429
Insurance$142$15,729-$15,871
All Other Expenses$6,139$6,017-$12,156
Travel$273$7,312-$7,585
Depreciation Depletion-$6,002-$6,002
Interest-$389-$389
Total Functional Expenses$2,449,583$920,042$0$3,369,625

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,369,625
Total Expenses per Audited Statements$3,369,625
Total Expenses per Form 990$3,369,625
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is provided to board members upon their request.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually by management.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Oceantic Network Inc
EIN
46-3553839
Phone
4436523242
Address
1340 SMITH AVENUE SUITE 200, BALTIMORE, MD 21209

Signing Officer

Name
Todd Shilow
Title
VP of Finance
Phone
4436523242
Signed
2024-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Burdock
Formed
2013
Legal Domicile
Md
Voting Board Members
20
Independent Board Members
20
Employees
54

Preparer

Firm
Deleon & Stang Cpas and Advisors
Address
150 S EAST ST STE 103, FREDERICK, MD 21701-6175
Preparer
Clint Lehman CPA
Phone
3012507400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the organization is to expand public and private sector knowledge, expertise and contacts for the offshore wind industry so that they may participate in the global offshore wind supply chain and maximize member participation in the development, construction, maintenance and operation of the offshore wind industry and complimentary based projects.

Form 990, Page 2, Part III, Line 4A

The organization's goal is for the united states to have a strong offshore wind supply chain that has a leading role in the evolving global offshore wind industry. The organization facilitates networking opportunities alongside its educational initiatives and with smaller educational and networking events. The size and complexity of offshore wind projects creates opportunities for many industries. By collaborating across industry sectors, businesses are able to offer a wider range of products and services in one location. Through collaboration, businesses are able to become more competitive in the global offshore wind market. The organization brings together member businesses, developers, policy makers, national and international experts, and economic development agencies for unprecedented knowledge sharing and relationship building and cluster forming opportunities.

Form 990, Page 2, Part III, Line 4C

The organization conducts studies and supports research to advance the development of offshore wind and marine offshore renewable energy. In conjunction with maryland community colleges, the organization has surveyed the education and training needs of maryland workers to accommodate a developing offshore wind industry. The organization has facilitated and participated in work force development grants based on the results of these surveys. As the development of offshore wind progresses, the network may support research of a more scientific nature, including research examining the impact of the development of offshore wind on the chesapeake bay, for example. Such research may be conducted in partnership with colleges and universities in the area and possibly involve their students as interns.

Form 990, Part IX, Line 11G

Consultants 276,348 82,545 0 event consultant 819 2,368 0 graphic design 71,960 21,495 0 photo and videographer 1,622 484 0 professional fees 25,048 7,482 0 total 375,797 114,374 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has determined that there are no uncertain tax positions required to be disclosed under the income taxes topic of the fasb accounting standards codification.

Raw XML AppendixShowing 400 of 578 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0811495
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0497829
IRS990/AccountsReceivableGrp/BOYAmt01415118
IRS990/AccountsReceivableGrp/EOYAmt02916909
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO EXPAND PUBLIC AND PRIVATE SECTOR KNOWLEDGE, EXPERTISE AND CONTRACTS FOR THE OFFSHORE WIND INDUSTRY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010399
IRS990/AdvertisingGrp/ProgramServicesAmt018454
IRS990/AdvertisingGrp/TotalAmt028853
IRS990/AllOtherContributionsAmt0133328
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06017
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06139
IRS990/AllOtherExpensesGrp/TotalAmt012156
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ELIZABETH BURDOCK
IRS990/BooksInCareOfDetail/PhoneNum04436523242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01340 SMITH AVENUE SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALTIMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021209
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0740825
IRS990/CashNonInterestBearingGrp/EOYAmt0545818
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt059076
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0300924
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0360000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt082000
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0547217
IRS990/ConferencesMeetingsGrp/TotalAmt0629217
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0133328
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0595
IRS990/CYOtherExpensesAmt01639393
IRS990/CYOtherRevenueAmt07056
IRS990/CYProgramServiceRevenueAmt01892162
IRS990/CYRevenuesLessExpensesAmt0-1336484
IRS990/CYSalariesCompEmpBnftPaidAmt01730232
IRS990/CYTotalExpensesAmt03369625
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02033141
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01263952
IRS990/DeferredRevenueGrp/EOYAmt03877976
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06002
IRS990/DepreciationDepletionGrp/TotalAmt06002
IRS990/Desc0THE ORGANIZATION'S GOAL IS FOR THE UNITED STATES TO HAVE A STRONG OFFSHORE WIND SUPPLY CHAIN THAT HAS A LEADING ROLE IN THE EVOLVING GLOBAL OFFSHORE WIND INDUSTRY. THE ORGANIZATION FACILITATES NETWORKING OPPORTUNITIES ALONGSIDE ITS EDUCATIONAL INITIATIVES AND WITH SMALLER EDUCATIONAL AND NETWORKING EVENTS. THE SIZE AND COMPLEXITY OF OFFSHORE WIND PROJECTS CREATES OPPORTUNITIES FOR MANY INDUSTRIES. BY COLLABORATING ACROSS INDUSTRY SECTORS, BUSINESSES ARE ABLE TO OFFER A WIDER RANGE OF PRODUCTS AND SERVICES IN ONE LOCATION. THROUGH COLLABORATION, BUSINESSES ARE ABLE TO BECOME MORE COMPETITIVE IN THE GLOBAL OFFSHORE WIND MARKET. THE ORGANIZATION BRINGS TOGETHER MEMBER BUSINESSES, DEVELOPERS, POLICY MAKERS, NATIONAL AND INTERNATIONAL EXPERTS, AND ECONOMIC DEVELOPMENT AGENCIES FOR UNPRECEDENTED KNOWLEDGE SHARING AND RELATIONSHIP BUILDING AND CLUSTER FORMING OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt054
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01754246
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt070365
IRS990/FeesForServicesAccountingGrp/TotalAmt070365
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08026
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt016294
IRS990/FeesForServicesLegalGrp/TotalAmt024320
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0114374
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0375797
IRS990/FeesForServicesOtherGrp/TotalAmt0490171
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt012.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt224.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt324.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt48.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt58.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt68.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt78.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt88.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt98.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt108.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt118.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt128.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt138.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1416.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1516.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt168.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt178.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt188.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt198.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2540.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/PersonNm0JAY BORKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm1DON HAIRSTON
IRS990/Form990PartVIISectionAGrp/PersonNm2NAT SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm3JOE TIRONE
IRS990/Form990PartVIISectionAGrp/PersonNm4TONY APPLETON
IRS990/Form990PartVIISectionAGrp/PersonNm5CLARKE BRUNO
IRS990/Form990PartVIISectionAGrp/PersonNm6KATERINA ENNERFELT
IRS990/Form990PartVIISectionAGrp/PersonNm7TIM FISCHER
IRS990/Form990PartVIISectionAGrp/PersonNm8JAN KLAASSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9EMMANUEL MARTIN-LAUZER
IRS990/Form990PartVIISectionAGrp/PersonNm10PAULA MAJOR
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm12MATT PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm13KEVIN PEARCE
IRS990/Form990PartVIISectionAGrp/PersonNm14ZACK SKELTON
IRS990/Form990PartVIISectionAGrp/PersonNm15TEAERA STRUM
IRS990/Form990PartVIISectionAGrp/PersonNm16LORRY WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm17JOEL WHITMAN
IRS990/Form990PartVIISectionAGrp/PersonNm18CINDY TRUITT
IRS990/Form990PartVIISectionAGrp/PersonNm19BELTON ZEIGLER
IRS990/Form990PartVIISectionAGrp/PersonNm20ELIZABETH BURDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm21TODD SHILOW
IRS990/Form990PartVIISectionAGrp/PersonNm22DENIELLE CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm23COURTNEY MALVIK
IRS990/Form990PartVIISectionAGrp/PersonNm24ROSS GOULD
IRS990/Form990PartVIISectionAGrp/PersonNm25MELINDA SKEA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20360000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21124665
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22147000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23141527
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24140635
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25131385
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF FINANC
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP DIGITAL P
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP SUPPLY CH
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP PUBLIC AF
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02033141
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt047054
IRS990/InformationTechnologyGrp/ProgramServicesAmt02783
IRS990/InformationTechnologyGrp/TotalAmt049837
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt015729
IRS990/InsuranceGrp/ProgramServicesAmt0142
IRS990/InsuranceGrp/TotalAmt015871
IRS990/InterestGrp/ManagementAndGeneralAmt0389
IRS990/InterestGrp/TotalAmt0389
IRS990/InvestmentIncomeGrp/ExclusionAmt0595
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0595
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt048
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt020510
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017882
IRS990/LandBldgEquipBasisNetGrp/EOYAmt037161
IRS990/LandBldgEquipCostOrOtherBssAmt057671
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO EXPAND PUBLIC AND PRIVATE SECTOR KNOWLEDGE, EXPERTISE AND CONTACTS FOR THE OFFSHORE WIND INDUSTRY SO THAT THEY MAY PARTICIPATE IN THE GLOBAL OFFSHORE WIND SUPPLY CHAIN AND MAXIMIZE MEMBER PARTICIPATION IN THE DEVELOPMENT, CONSTRUCTION, MAINTENANCE AND OPERATION OF THE OFFSHORE WIND INDUSTRY AND COMPLIMENTARY BASED PROJECTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt06120264
IRS990/NetAssetsOrFundBalancesEOYAmt04783780
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06120264
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04783780
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt050827
IRS990/OccupancyGrp/TotalAmt050827
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013726
IRS990/OfficeExpensesGrp/ProgramServicesAmt02703
IRS990/OfficeExpensesGrp/TotalAmt016429
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030538
IRS990/OtherAssetsTotalGrp/EOYAmt010823
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011429
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt058217
IRS990/OtherEmployeeBenefitsGrp/TotalAmt069646
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3SCHOLARSHIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0135080
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt133368
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215707
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt319736
IRS990/OtherExpensesGrp/ProgramServicesAmt018977
IRS990/OtherExpensesGrp/ProgramServicesAmt114503
IRS990/OtherExpensesGrp/TotalAmt0135080
IRS990/OtherExpensesGrp/TotalAmt152345
IRS990/OtherExpensesGrp/TotalAmt230210
IRS990/OtherExpensesGrp/TotalAmt319736
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07056
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07056
IRS990/OtherRevenueTotalAmt07056
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0191313
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0974517
IRS990/OtherSalariesAndWagesGrp/TotalAmt01165830
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt022113
IRS990/PayrollTaxesGrp/ProgramServicesAmt0112643
IRS990/PayrollTaxesGrp/TotalAmt0134756
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0181661
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0398739
IRS990/PrincipalOfficerNm0ELIZABETH BURDOCK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01208934
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1660314
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01208934
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1660314
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222914
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS NETWORK FOR OFFSHORE WIND IS USING ITS EDUCATIONAL INITIATIVES: INTERNATIONAL EDUCATIONAL TOURS, EXCHANGES WITH INTERNATIONAL GOVERNMENTS, WEBINARS, ANNUAL MEETINGS AND ITS ANNUAL INTERNATIONAL PARTNERING FORUM TO EDUCATE ON THE TOPIC OF OFFSHORE WIND. THE ORGANIZATION BRINGS TOGETHER TOP DEVELOPERS, POLICYMAKERS, GLOBAL EXPERTS, AND LOCAL MEMBER BUSINESSES IN STRUCTURED SETTINGS TO PROVIDE TECHNICAL TRAINING AND EXPERTISE. ITS GOAL IS TO EDUCATE AND TO ADVANCE THE DEVELOPMENT OF THE OFFSHORE WIND INDUSTRY AND CREATE A COMPETITIVE UNITED STATES SUPPLY CHAIN.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0489920
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01208934
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION CONDUCTS STUDIES AND SUPPORTS RESEARCH TO ADVANCE THE DEVELOPMENT OF OFFSHORE WIND AND MARINE OFFSHORE RENEWABLE ENERGY. IN CONJUNCTION WITH MARYLAND COMMUNITY COLLEGES, THE ORGANIZATION HAS SURVEYED THE EDUCATION AND TRAINING NEEDS OF MARYLAND WORKERS TO ACCOMMODATE A DEVELOPING OFFSHORE WIND INDUSTRY. THE ORGANIZATION HAS FACILITATED AND PARTICIPATED IN WORK FORCE DEVELOPMENT GRANTS BASED ON THE RESULTS OF THESE SURVEYS. AS THE DEVELOPMENT OF OFFSHORE WIND PROGRESSES, THE NETWORK MAY SUPPORT RESEARCH OF A MORE SCIENTIFIC NATURE, INCLUDING RESEARCH EXAMINING THE IMPACT OF THE DEVELOPMENT OF OFFSHORE WIND ON THE CHESAPEAKE BAY, FOR EXAMPLE. SUCH RESEARCH MAY BE CONDUCTED IN PARTNERSHIP WITH COLLEGES AND UNIVERSITIES IN THE AREA AND POSSIBLY INVOLVE THEIR STUDENTS AS INTERNS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0205417
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt022914
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0930709
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0286
IRS990/PYOtherExpensesAmt04029072
IRS990/PYOtherRevenueAmt010615

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings