2023-01-27T19:21:06-06:00 2021-12-31 814234542 BPM LLP 400 OCEANGATE SUITE 1000 LONG BEACH CA 908024389 990 2021-01-01 463977904 ALTASEA AT THE PORT OF LOS ANGELES ALTA 4242404320 2451 SIGNAL STREET SAN PEDRO CA 90731 CHARMIAN HAUCK CFO 4242404320 2023-01-27 1 CHARMIAN HAUCK 999009999 ALBERT ROSSI JR P00132331 5624953325 2023-01-27 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z CHARMIAN HAUCK 2451 SIGNAL STREET SAN PEDRO CA 90731 2368443 0 X ALTASEA.ORG X 2013 CA ALTASEA AT THE PORT OF LOS ANGELES IS DEDICATED TO ACCELERATING SCIENTIFIC COLLABORATION, ADVANCING AN EMERGING BLUE ECONOMY THROUGH BUSINESS INNOVATION AND JOB CREATION, AND INSPIRING THE NEXT GENERATION, ALL FOR A MORE SUSTAINABLE, JUST AND EQUITABLE WORLD. 13 12 9 12 0 0 1783319 1892076 0 0 4046 3827 270548 417564 2057913 2313467 0 0 0 0 669689 690180 0 0 284725 774517 998386 1444206 1688566 613707 624901 12742293 13326843 230587 186451 12511706 13140392 ALTASEA AT THE PORT OF LOS ANGELES IS DEDICATED TO ACCELERATING SCIENTIFIC COLLABORATION, ADVANCING AN EMERGING BLUE ECONOMY THROUGH BUSINESS INNOVATION AND JOB CREATION, AND INSPIRING THE NEXT GENERATION, ALL FOR A MORE SUSTAINABLE, JUST AND EQUITABLE WORLD. 0 0 1187874 EXPAND SCIENCE-BASED UNDERSTANDING OF THE OCEAN. ALTASEA IS WORKING TO CONVENE AND SUPPORT THE WORLD'S BEST MARINE SCIENTISTS IN A STATE-OF-THE-ART, URBAN, OCEAN-BASED RESEARCH FACILITY, ADVANCING THE UNDERSTANDING OF THE OCEAN & DEVELOPING CREATIVE & CROSS-DISCIPLINARY SOLUTIONS TO CLIMATE CHANGE. CATALYZE THE CREATION OF RELEVANT NEW INDUSTRIES. ALTASEA IS WORKING TO ESTABLISH A BUSINESS HUB WHICH WILL SUPPORT NEW & EXISTING BUSINESSES THAT COMMERCIALIZE SCIENTIFIC BREAKTHROUGHS & EMERGING TECHNOLOGIES TO CREATE OCEAN-REALTED JOBS, PRODUCTS & SERVICES. PIONEER CUTTING-EDGE EDCUATION & COMMUNICATIONS PROGRAM'S. ALTASEA IS DEDICATED TO IGNITING ENGAGEMENT & EXCITEMENT IN PERSONS OF ALL AGES & BACKGROUNDS WITH PROGRAMS THAT COMMUNICATE ABOUT THE OCEAN AND ITS IMPORTANCE TO OUR LIVES. 1187874 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ALTASEA 4242104320 2451 SIGNAL STREET SAN PEDRO CA 90731 DOANE LIU CHAIRMAN 1.00 X X 0 0 0 GERALDINE KNATZ VICE CHAIRMAN 1.00 X X 0 0 0 MONIQUE JOHNSON TREASURER AND SECRETARY 1.00 X X 0 0 0 MARTIN H BLANK JR DIRECTOR 1.00 X X 0 0 0 YEHUDI GAFFEN DIRECTOR 1.00 X 0 0 0 CYNTHIA HIRSCHHORN DIRECTOR 1.00 X 0 0 0 CAROLYN M HULL DIRECTOR 1.00 X 0 0 0 ERIC JOHNSON DIRECTOR 1.00 X 0 0 0 ALEX ROSE DIRECTOR 1.00 X 0 0 0 GREG THORPE DIRECTOR 1.00 X 0 0 0 TIM MCOSKER CEO/DIRECTOR 40.00 X X 64933 0 15625 CHARUNI P PATIBANDA DIRECTOR 1.00 X 0 0 0 PATRICIA GALANZA RAMOS DIRECTOR 1.00 X 0 0 0 JENNY KRUSOE EXECUTIVE DIRECTOR 60.00 X 191919 0 8222 256852 0 23847 1 0 1 0 0 1250 267487 1623339 214163 1892076 3338 3338 347545 8715 338830 338830 338830 30411 29922 489 489 489 95073 1250 16339 78734 78734 2313467 0 0 421391 280699 194515 21728 64456 323496 224173 25040 74283 16225 11243 1256 3726 25306 17536 1959 5811 44454 30805 3441 10208 60000 24639 33831 1530 47516 19512 26792 1212 37891 15561 21364 966 174238 148102 26136 49170 39049 5442 4679 171862 136487 19022 16353 16546 13236 1655 1655 40086 31835 4437 3814 EDUCATIONAL PROGRAMS 218162 218162 DEVELOPMENT & CAMPAIGN 125085 55189 69896 BAD DEBT 50000 50000 MISCELLANEOUS EXPENSES 7830 7830 1688566 1187874 215967 284725 2886773 500 27573 3665659 5133461 4518523 52690 25000 5304623 187462 4641796 5117161 12742293 13326843 65403 180405 3000 114480 47704 6046 230587 186451 X 7007060 7735283 5504646 5405109 12511706 13140392 12742293 13326843 624901 -523 4308 0 X X 0 1 X 1 0 X 2634870 3114226 5051771 1783319 1892076 14476262 2634870 3114226 5051771 1783319 1892076 14476262 6411684 8064578 25773 183073 404704 274331 350883 1238764 78734 78734 75560 75560 15869320 0.50820 0.51490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONSULTING SERVICES - 2019 AMOUNT: $ 75,500. MEMBERSHIPS - 2019 AMOUNT: $ 60. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 142237 59583 82654 319232 107690 211542 4843154 20189 4822965 5117161 REFUNDABLE ADVANCES 6046 6046 X 2335348 -523 13689 13166 2322182 -8715 -8715 2313467 1706662 9381 8715 18096 1688566 0 1688566 PART X, LINE 2: ALTASEA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE, IS SUBJECT TO FEDERAL INCOME TAX. ALTASEA DOES NOT BELIEVE THAT DURING THE YEARS ENDED DECEMBER 31, 2021 AND 2020 THAT IT HAD UNRELATED BUSINESS TAXABLE INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALTASEA FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES. ACCORDINGLY, ALTASEA ACCOUNTS FOR UNCERTAIN TAX POSITIONS BY RECORDING A LIABILITY FOR UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN ITS TAX RETURNS. ALTASEA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPROPRIATE TAXING AUTHORITIES. ALTASEA DOES NOT BELIEVE THAT ITS INCOME TAX RETURNS INCLUDE ANY UNCERTAIN TAX POSITIONS AND ACCORDINGLY, HAS NOT RECORDED A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B-OTHER ADJUSTMENTS: AMOUNTS PRESENTED ON THE FINANCIALS ON THE FUNCTIONAL EXPENSE STATEMENT RENTAL EXPENSES: $8,715. REPORTED ON STATEMENT OF REVENUE ON THE 990 PART XII, LINE 2D-OTHER ADJUSTMENTS: AMOUNTS PRESENTED ON THE FINANCIALS ON THE FUNCTIONAL EXPENSE STATEMENT RENTAL EXPENSES: $8,715. REPORTED ON STATEMENT OF REVENUE ON THE 990 BLUE HOUR 96323 1250 95073 7640 1595 760 6344 96323 1250 95073 7640 1595 760 6344 16339 78734 X X X X X X 0 0 0 0 0 0 0 0 0 JENNY KRUSOE EXECUTIVE DIRECTOR 191919 0 0 0 0 0 0 0 8222 0 200141 0 0 0 PART I, LINE 3 A COHORT STUDY AND AN INDEPENDENT COMPENSATION STUDY (FOR EXECUTIVE DIRECTOR ONLY) WAS DEVELOPED AND REVIEWED BY THE BOARD. THE BOARD REVIEWS ALL APPROVED COMPENSATION FOR KEY EXECUTIVES BASED ON THESE STUDIES. X LIFE-SIZE PIRATE SHIP 2 199000 COST X PAINT MATERIALS 112 7333 COST X TOTE BAGS 600 3830 COST X ALCOHOL FOR BLUE HOUR SPECIALTY COCKTAIL 125 2500 COST X BIG STICK TOUR OF THE BATTLESHIP IOWA (TICKETS) 1 1500 COST 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE NUMBER PRESENTED ABOVE REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CEO, THE EXECUTIVE DIRECTOR, AND THE AUDIT COMMITTEE. UPON COMPLETION OF ITS REVIEW, THE AUDIT COMMITTEE FORWARDS FORM 990 TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ANNUALLY EXECUTE A CONFLICT OF INTEREST FORM, WHICH IS REVIEWED BY THE EXECUTIVE DIRECTOR AND LEGAL COUNSEL. TRUSTEES AND OFFICERS ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR. ANY CONFLICTS OF INTEREST WOULD BE MANAGED IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A COHORT STUDY AND AN INDEPENDENT COMPENSATION STUDY (FOR EXECUTIVE DIRECTOR ONLY) WERE DEVELOPED AND REVIEWED BY THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES REVIEWS ALL APPROVED COMPENSATION FOR KEY EXECUTIVES BASED ON THESE STUDIES. EXECUTIVE COMPENSATION PAID BY THE ORGANIZATION IS APPROVED BY TRUSTEES WHO DO NOT HAVE A CONFLICT OF INTEREST, AND THE COMPENSATION DETERMINATION PROCESS AND DECISION IS DOCUMENTED CONTEMPORANEOUSLY IN THE ORGANIZATION'S RECORDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.