Skip to main content
Filing year 2024

OCEANTIC NETWORK INC

Baltimore, Maryland·EIN 46-3553839·NTEE C30 · Environment·501(c)(3)
Total revenue
$11.9M
Total assets
$11.6M
Total expenses
$10.1M
Reported officers
26
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

Executive Di
Above 90th percentilevs Environment peers in Maryland
$327k
$349k
Base
$325k
Bonus
Other
Benefits
Chief Dev. O
Highest Compensated Employee
Median to 75th percentile
$161k
$172k
Base
$155k
Bonus
Other
Benefits
VP of Events
Board Vice President
25th percentile to median
$153k
$164k
Base
$144k
Bonus
Other
Benefits
VP of Financ
Board Vice President
25th percentile to median
$137k
$147k
Senior VP of
Senior Vice President
25th percentile to medianvs all sectors nationwide
$134k
$143k
VP Supply Ch
Board Vice President
25th percentile to median
$127k
$135k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Environment

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OCEANTIC NETWORK INC equaled 3% of the organization's total expenses. The median for environment organizations is 11%.

This organization (2024)
3%
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.

Fell 9%
over 2 years

From $360k in 2022 to $327k in 2024.

$360k
2022
$430k
2023
$327k
2024
In today's dollarsEst.
Down 15% in real terms$411k to $349k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2022 to 2024, while revenue rose 483%.

$360k in 2022 to $327k in 2024.
  • Board Vice President pay rose 4% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about OCEANTIC NETWORK INC

What does the Chief Executive Officer of OCEANTIC NETWORK INC earn?

In 2024, the Chief Executive Officer of OCEANTIC NETWORK INC received $326,503 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Environment organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OCEANTIC NETWORK INC compare with similar nonprofits?

Compared with the same role at Environment organizations in Maryland, the 2024 pay of the Chief Executive Officer at OCEANTIC NETWORK INC falls in the top 10%. In 2024, the highest total compensation at OCEANTIC NETWORK INC equaled 3% of the organization's total expenses. The median for environment organizations is 11%.

What are OCEANTIC NETWORK INC's revenue and expenses?

In 2024, OCEANTIC NETWORK INC reported $11.9M in total revenue and $10.1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.