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New Bedford Ocean Cluster Inc
Community Development · New Bedford, Massachusetts
128 Union St Ste 500, New Bedford, MA 02740-6390
EIN: 871778078· Founded: Oct 2021· 5 years active· Filing Year: 2023
Annual Revenue
$793K
Total Expenses
$461K
Total Assets
$446K
Program Spending
156%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$139K
30.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$7K
Total Payroll
$147K
32% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 32%
Other overhead: -56%
Program Revenue$720K (91%)
Total Expenses$461K (58%)
Payroll$147K (32%)
Overhead (non-program)-56%
Trust Score Breakdown
Program Spending Ratio
156% of expenses go to programs
Revenue & Stability
$793K annual revenue
Executive Compensation
$139K total officer comp (30.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$446K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.