Public Charity

New Bedford Ocean Cluster Inc

New Bedford Ocean Cluster Inc, of New Bedford, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $554K in revenue, $722K in expenses, $148K in total assets. 2 publicly reported grants to this organization, totaling roughly $44K, appear in IRS filings.

EIN: 871778078 New Bedford, MA Alliances & Advocacy NTEE: S01 Latest filing: 2025
Total Revenue$554K
Total Expenses$722K
Total Assets$148K
Grant Records2
Funding Total$44K
Filing Years2022–2025

Mission

To establish New Bedford as the leading ocean economy on the East Coast

Where $100 goes at New Bedford Ocean Cluster Inc

How New Bedford Ocean Cluster Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$77 Programs the work itself
$15 Management running the organization
$8 Fundraising raising the next dollar

Inside the $77 for programs

$77
The Organizaton works collaboratively with a range of privte sector, public sector, and academic partners to establish New Bedford as the leading ocean economy on the East Coast
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Anthony R Sapienza
Director Cassie Canastra
Director Christopher Rezendes
Director Dale Leavitt
Vice President Edward Anthes-Washburn
Director Gordon Carr

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$43,750 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $554K $722K $148K
2024 $721K $839K $344K
2023 $793K $461K $446K
2022 $507K $438K $338K

Between 2022 and 2025, reported annual revenue grew from $507K to $554K (+9%), with total assets most recently reported at $148K.

Interactive year-over-year charts and full filing details available with membership.

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