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Filing year 2023

OCEAN EXPLORATION TRUST INC

New London, Connecticut·EIN 83-0488383·NTEE C05 · Environment·501(c)(3)
Total revenue
$15M
Total assets
$10.7M
Total expenses
$15.5M
Reported officers
23

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Environment organizations nationwide.

President
Above 90th percentilevs Environment peers in Connecticut
$642k
$717k
Base
$430k
Bonus
$150k
Other
Benefits
$2k
Cfo/treasurer
Above 90th percentile
$450k
$503k
Base
$361k
Bonus
$48k
Other
Benefits
$9k
Coo/bot Secretary
Secretary (Operational)
Above 90th percentile
$423k
$473k
Base
$304k
Bonus
$75k
Other
Benefits
$9k
Chief Scientist
Key Employee
Median to 75th percentile
$179k
$200k
Base
$157k
Bonus
Other
Benefits
$17k
Rov Pilot/manager
Key Employee
Median to 75th percentile
$167k
$186k
Base
$153k
Bonus
Other
Benefits
$9k
Director Data Systems
Key Employee
25th percentile to median
$160k
$179k
Base
$154k
Bonus
Other
Benefits
$3k
Controller
Median to 75th percentile
$152k
$170k
Base
$134k
Bonus
Other
Benefits
$14k
Mapping Operations Manager
Operations Manager
Median to 75th percentilevs all sectors nationwide
$148k
$165k
Executive Assistant
Highest Compensated Employee
25th percentile to median
$128k
$143k
Education/outreach Director
Highest Compensated Employee
10th to 25th percentile
$123k
$138k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OCEAN EXPLORATION TRUST INC equaled 4% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2023)
4%
Sector median
11%
Middle half of sector
5% to 22%

Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about OCEAN EXPLORATION TRUST INC

What does the Chief Executive Officer of OCEAN EXPLORATION TRUST INC earn?

In 2023, the Chief Executive Officer of OCEAN EXPLORATION TRUST INC received $642,085 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Environment organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OCEAN EXPLORATION TRUST INC compare with similar nonprofits?

Compared with the same role at Environment organizations in Connecticut, the 2023 pay of the Chief Executive Officer at OCEAN EXPLORATION TRUST INC falls in the top 10%. In 2023, the highest total compensation at OCEAN EXPLORATION TRUST INC equaled 4% of the organization's total expenses. The median for environment organizations is 11%.

What are OCEAN EXPLORATION TRUST INC's revenue and expenses?

In 2023, OCEAN EXPLORATION TRUST INC reported $15M in total revenue and $15.5M in total expenses on its IRS Form 990.

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