Mission
THE FOUNDATION'S MISSION IS TO SUPPORT THE DEVELOPMENT OF THE FUTURE SUBSEA COMMUNICATIONS NETWORKS WORKFORCE, WITH A FOCUS ON AREAS WHERE BROAD RESEARCH AND COOPERATIVE DATA-SHARING BENEFIT THE INDUSTRY AS A WHOLE.
Public Charity
SUBOPTIC FOUNDATION
Based in CORAL GABLES, FL, SUBOPTIC FOUNDATION operates as a Public Charity. The organization reported $526K in revenue, $527K in expenses, $1.0M in total assets for fiscal year 2024. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $850K.
EIN: 861611087
CORAL GABLES, FL
Latest filing: 2024
Total Revenue$526K
Total Expenses$527K
Total Assets$1.0M
Grant Records4
Funding Total$850K
Filing Years2023–2024
Sample Grants Received
$250,000
Research
$150,000
$250,000
RESEARCH
$200,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
SECRETARY
Elaine Stafford
PRESIDENT
Erick W Contag
TRUSTEE
Jayne Stowell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $526K | $527K | $1.0M |
| 2023 | $1.0M | $64K | $1.0M |
Between 2023 and 2024, reported annual revenue declined from $1.0M to $526K (-49%), with total assets most recently reported at $1.0M.
Interactive year-over-year charts and full filing details available with membership.