Skip to content
ProPublica Donate
ProPublica Donate

Monmouth Ocean Development Council

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$259k (2023)

Expenses
$294k (2023)

Total Assets
$103k (2023)

Total Liabilities
$14.6k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$258,600
Expenses
$293,827
Net Income
-$35,227
Net Assets
$88,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $169,583
65.6%
Investment Income $110
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $86,507
33.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,400
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $80,000
27.2%
Professional Fundraising Fees $0
Other Salaries and Wages $101,807
34.6%
Assets/Debt
Total Assets $103,150
Total Liabilities $14,609
Net Assets $88,541
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $56,000 $0 $0
Matthew Appel (President) $0 $0 $0
Mary Pat Angelini (Vice President) $0 $0 $0
John Kalli (Vice President) $0 $0 $0
Len Nitti (Vice President) $0 $0 $0
Marilee Pettit (Vice President) $0 $0 $0
Toby Stark (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,914
Expenses
$254,030
Net Income
$884
Net Assets
$123,768
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $143,255
56.2%
Investment Income $147
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $110,254
43.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,258
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $80,110
31.5%
Professional Fundraising Fees $0
Other Salaries and Wages $72,759
28.6%
Assets/Debt
Total Assets $138,964
Total Liabilities $15,196
Net Assets $123,768
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Vice President) $56,166 $0 $0
Nancy Barone (President) $0 $0 $0
Matthew Appel (Vice President) $0 $0 $0
Kayci Clayton (Vice President) $0 $0 $0
Steven Reinman (Vice President) $0 $0 $0
Frances Kirschner (Corporate Secretary) $0 $0 $0
Anthony Faugno (Treasurer) $0 $0 $0
Denice Gaffney (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$219,489
Expenses
$106,582
Net Income
$112,907
Net Assets
$122,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $55,100
25.1%
Program Services $93,982
42.8%
Investment Income $102
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $67,704
30.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,601
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $22,272
20.9%
Professional Fundraising Fees $0
Other Salaries and Wages $22,321
20.9%
Assets/Debt
Total Assets $178,123
Total Liabilities $55,239
Net Assets $122,884
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Vice President) $26,189 $0 $0
Nancy Barone (President) $0 $0 $0
Mary Pat Angelini (Vice President) $0 $0 $0
Matthew Appel (Vice President) $0 $0 $0
Kayci Clayton (Vice President) $0 $0 $0
Steven Reinman (Vice President) $0 $0 $0
Frances Kirschner (Corporate Secretary) $0 $0 $0
Anthony Faugno (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$164,615
Expenses
$188,603
Net Income
-$23,988
Net Assets
$9,977
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $39,553
24.0%
Investment Income $118
0.1%
Net Fundraising $35,832
21.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,907
1.8%
Assets/Debt
Total Assets $50,564
Total Liabilities $40,587
Net Assets $9,977
Compensation
Key Employees and Officers Compensation Other
Benjamin L Waldron (Executive Director) $81,725 $0
Thomas Ando (President) $0 $0
Paul Dement (Vice President) $0 $0
James Mahlmann (Vice President) $0 $0
Nancy Weber Loeffert (Vice President) $0 $0
Stephen Reed (Treasurer) $0 $0
John Gagliano (Council) $0 $0
Mary Pat Angelini (Vice President) $0 $0
Nancy Barone (Corporate Secretary) $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$246,099
Expenses
$243,373
Net Income
$2,726
Net Assets
$33,965
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $148,852
60.5%
Investment Income $140
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $95,247
38.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,860
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $80,940
33.3%
Professional Fundraising Fees $0
Other Salaries and Wages $69,545
28.6%
Assets/Debt
Total Assets $63,719
Total Liabilities $29,754
Net Assets $33,965
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $78,540 $0 $0
Thomas Ando (President) $0 $0 $0
James Deangelis (Vice President) $0 $0 $0
Paul Dement (Vice President) $0 $0 $0
James Mahlmann (Vice President) $0 $0 $0
Nancy Weber Loeffert (Vice President) $0 $0 $0
Matthew Siegel (Corporate Secretary) $0 $0 $0
Stephen Reed (Treasurer) $0 $0 $0
John Gagliano (Council) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$237,400
Expenses
$242,519
Net Income
-$5,119
Net Assets
$31,239
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $151,003
63.6%
Investment Income $128
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $83,409
35.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,860
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $149,475
61.6%
Assets/Debt
Total Assets $55,617
Total Liabilities $24,378
Net Assets $31,239
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $81,290 $0 $0
See Attached Statement (Officers/Directors) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,208
Expenses
$247,429
Net Income
$7,779
Net Assets
$36,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $151,160
59.2%
Investment Income $121
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $101,138
39.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,789
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $154,777
62.6%
Assets/Debt
Total Assets $53,418
Total Liabilities $17,060
Net Assets $36,358
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $81,490 $0 $0
See Attached Statement (Officers/Directors) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$256,767
Expenses
$249,115
Net Income
$7,652
Net Assets
$28,579
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $155,409
60.5%
Investment Income $96
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $99,016
38.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,246
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $80,740
32.4%
Professional Fundraising Fees $0
Other Salaries and Wages $74,475
29.9%
Assets/Debt
Total Assets $53,554
Total Liabilities $24,975
Net Assets $28,579
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $80,740 $0 $0
See Attached Statement (Officers/Directors) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$250,151
Expenses
$249,571
Net Income
$580
Net Assets
$20,927
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $157,940
63.1%
Investment Income $92
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $85,890
34.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,229
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $78,540
31.5%
Professional Fundraising Fees $0
Other Salaries and Wages $73,040
29.3%
Assets/Debt
Total Assets $40,275
Total Liabilities $19,348
Net Assets $20,927
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $78,540 $0 $0
See Attached Statement (Officers/Directors) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$233,551
Expenses
$245,334
Net Income
-$11,783
Net Assets
$20,347
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $154,432
66.1%
Investment Income $96
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $76,971
33.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,052
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $78,540
32.0%
Professional Fundraising Fees $0
Other Salaries and Wages $70,865
28.9%
Assets/Debt
Total Assets $33,347
Total Liabilities $13,000
Net Assets $20,347
Compensation
Key Employees and Officers Compensation Related Other
Benjamin L Waldron (Executive Director) $78,540 $0 $0
See Attached Statement (Officers/Directors) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$235,639
Expenses
$240,723
Net Income
-$5,084
Net Assets
$32,130
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $144,509
61.3%
Investment Income $99
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $86,856
36.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,175
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,000
32.0%
Professional Fundraising Fees $0
Other Salaries and Wages $69,536
28.9%
Assets/Debt
Total Assets $42,245
Total Liabilities $10,115
Net Assets $32,130

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,666
Expenses
$248,684
Net Income
$5,982
Net Assets
$37,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $162,543
63.8%
Investment Income $208
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $91,915
36.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $84,700
34.1%
Professional Fundraising Fees $0
Other Salaries and Wages $67,257
27.0%
Assets/Debt
Total Assets $50,873
Total Liabilities $13,659
Net Assets $37,214

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$225,545
Expenses
$233,357
Net Income
-$7,812
Net Assets
-$7,962
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $156,369
69.3%
Investment Income $415
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $68,761
30.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $73,448
31.5%
Professional Fundraising Fees $0
Other Salaries and Wages $65,535
28.1%
Assets/Debt
Total Assets $56,616
Total Liabilities $64,578
Net Assets -$7,962

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us