2023-11-14T19:13:45-06:00 2022-12-31 450250958 EIDE BAILLY LLP 21515 HAWTHORNE BLVD STE 1250 TORRANCE CA 905036583 990 2022-01-01 463977904 ALTASEA AT THE PORT OF LOS ANGELES ALTA 4242104320 2451 SIGNAL STREET SAN PEDRO CA 90731 CHARMIAN HAUCK CFO 4242104320 2023-11-14 1 CHARMIAN HAUCK 999009999 1 TIMOTHY D PETTIT CPA P00393206 3105405990 2023-11-11 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARMIAN HAUCK 2451 SIGNAL STREET SAN PEDRO CA 90731 5654774 0 X HTTPS://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. 12 11 18 30 0 0 1892076 5246386 0 299940 3827 10832 417564 -17703 2313467 5539455 0 509121 0 0 690180 1500974 0 90537 536038 998386 1309464 1688566 3410096 624901 2129359 13326843 19304192 186451 4427896 13140392 14876296 X 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 674486 509121 32250 SCIENCE: WE BRING THE WORLD'S FINEST MARINE SCIENTISTS AND ENGINEERS TOGETHER TO CONDUCT BREAKTHROUGH RESEARCH AND DISCOVER SOLUTIONS TO FOOD AND ENERGY SUPPLY, CLIMATE CHANGE, AND OCEAN EXPLORATION. TODAY MORE THAN 30 LEADING UNIVERSITIES ARE INVOLVED WITH ALTASEA INCLUDING THE UNIVERSITY OF CALIFORNIA, LOS ANGELES; UNIVERSITY OF SOUTHERN CALIFORNIA; SCRIPPS INSTITUTION OF OCEANOGRAPHY AT THE UNIVERSITY OF CALIFORNIA, SAN DIEGO; CAL TECH'S JET PROPULSION LABORATORY; AND THE UMBRELLA ORGANIZATION SOUTHERN CALIFORNIA MARINE INSTITUTE. 735264 0 261008 BUSINESS: ALTASEA NURTURES NEW AND EXISTING COMMERCIAL OCEAN-RELATED PRODUCTS, SERVICES, AND JOBS THROUGH OUR BLUE SUSTAINABLE ECONOMY ALLIANCE (BLUESEA). AMONG OUR MORE THAN 40 ACTIVE BUSINESS LEADERS ARE ECOWAVE POWER, PACIFIC6, RCAM, BLUE ROBOTICS, AND HOLDFAST AQUAFARMS. 546498 0 6682 EDUCATION: ALTASEA IS PIONEERING PROGRAMS THAT IMMERSE CHILDREN AND ADULTS IN THE OCEAN'S CRITICAL ROLE FOR THE FUTURE OF OUR PLANET. IN ADDITION TO THE LOS ANGELES UNIFIED SCHOOL DISTRICT (INCLUDING INGLEWOOD AND LAWNDALE), 15+ COMMUNITY-BASED ORGANIZATIONS WORK WITH ALTASEA INCLUDING: BOYS AND GIRLS CLUBS OF THE LA HARBOR, SANTA MONICA COLLEGE, WILMINGTON'S STRENGTH BASED COMMUNITY CHANGE (SBCC), AND THE WATTS ENTREPRENEUR EDUCATION CENTER. ALTASEA OCEAN PATHWAYS PROGRAM (ASOP) IS THE ONLY PROGRAM OF ITS KIND IN CALIFORNIA THAT AIMS TO EXPAND FORMAL AND INFORMAL OCEAN STEM LEARNING FROM A YOUNG AGE TO DEVELOP A SKILLED WORKFORCE FOR THIS EMERGING SECTOR IN THE GLOBAL OCEAN ECONOMY. ALTASEA WORKS CLOSELY WITH 14+ COLLEGES THROUGH THEIR BLUE ECONOMY CLIMATE ACTION PATHWAYS PROGRAM TO DEVELOP WORKFORCE DEVELOPMENT CURRICULUMS TO ENSURE THEIR STUDENTS HAVE ACCESS TO THE NEW JOBS IN THESE SECTORS. 205356 0 0 CAMPUS REDEVELOPMENT AND OTHER PROGRAM SERVICES: 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. 205356 0 0 2161604 1 1 0 1 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 61 0 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X THE ORGANIZATION 4242104320 2451 SIGNAL STREET SAN PEDRO CA 90731 DOANE LIU DIRECTOR 1.00 X 0 0 0 GERALDINE KNATZ CHAIRMAN 1.00 X 0 0 0 MONIQUE JOHNSON TREASURER 1.00 X 0 0 0 MARTIN H BLANK JR DIRECTOR 1.00 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 GREG THORPE DIRECTOR 1.00 X 0 0 0 PATRICIA GALANZA RAMOS DIRECTOR 1.00 X 0 0 0 TERRY TAMMINEN PRESIDENT/CEO 40.00 X X 342326 0 2707 MELANIE LUNDQUIST DIRECTOR 1.00 X 0 0 0 JENNY KRUSOE EXECUTIVE DIRECTOR 40.00 X 248803 0 8359 CHARMIAN E HAUCK CFO 40.00 X 183051 0 55322 774180 0 66388 3 0 1 0 ECO EQUITY LLC 2051 SHORELINE DR 307 ALAMEDA CA 94501 GOVERNMNENT FUNDING CONSULTING 100600 1 7636 238143 1963851 3036756 391000 5246386 PROGRAM RENTALS 531190 290258 290258 FEE FROM SERVICE 624410 9682 9682 299940 10787 10787 87335 0 87335 87335 87335 10326 10281 45 45 45 0 238143 105038 -105038 -105038 5539455 299940 0 -6871 509121 509121 780443 427871 248674 103898 544368 298445 173453 72470 26890 14426 8762 3702 70239 33429 27413 9397 79034 47979 19606 11449 96865 35000 61865 44660 44660 100600 100600 90537 90537 161879 136810 23469 1600 199952 165658 34294 80183 53545 24251 2387 27548 7342 16966 3240 182060 171657 10403 5263 2312 40 2911 18005 17360 645 5651 5651 98852 84947 13905 32889 22273 9603 1013 DEVELOPMENT AND CAMPAIG 124933 45182 79751 REPAIR AND MAINTENANCE 45318 33954 11364 EDUCATIONAL PROGRAMS 28803 28803 HUMAN RESOURCES 22215 7183 13529 1503 33788 12656 3846 17286 3410096 2161604 712454 536038 500 554 3665659 4249422 4518523 6386707 273 25000 33333 8920216 286313 5117161 8633903 13326843 19304192 180405 500466 3459694 453536 6046 14200 186451 4427896 X 7735283 9445615 5405109 5430681 13140392 14876296 13326843 19304192 X 2129359 40 -393495 X X 0 1 X 1 0 X 3114226 5051771 1783319 1892076 5246386 17087778 3114226 5051771 1783319 1892076 5246386 17087778 7012545 10075233 183073 404704 274331 350883 10832 1223823 78734 87335 166069 75560 75560 18553230 299940 0.54300 0.50820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100600 0 0 0 0 0 0 0 0 0 0 1 100600 100600 0 PART I-A, LINE 1: ADVISORY AND POLICY ADVOCACY WITH VARIOUS LEVELS OF LAWMAKERS, UNIVERSITIES, FOUNDATIONS, AND ORGANIZATIONS ON INCLUSIVE WORKFORCE, SUSTAINABLE ECONOMY, AND EQUITABLE ENVIRONMENT. PART II-B, LINE 1: ASSISTED IN THE CREATION OF A WAVE AND TIDAL ENERGY COALITION OF TECHNOLOGY COMPANIES, ACADEMICS, POLICYMAKERS, AND INVESTORS TO HELP DEVELOP AND INSTALL NEW OCEAN BASED FORMS OF CLEAN ENERGY. THIS INCLUDED EDUCATING LEGISLATIVE AND ADMINISTRATION OFFICIALS AND SPONSORING CALIFORNIA SENATE BILL 605 WHICH WILL PROVIDE SITE LOCATIONS, PERMITTING, INCENTIVES, AND OTHER SUPPORT FOR THIS BLUE ECONOMY INDUSTRY. 1 900000 509121 391072 0 1 687214 90168 597046 691707 102634 589073 118698 93511 25187 7422597 7422597 8633903 TENANT SECURITY DEPOSIT 14200 14200 X 5998544 40 459224 459264 5539280 175 175 5539455 4262640 459224 393495 852719 3409921 175 175 3410096 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, 2022 AND 2021 THAT IT HAD UNRELATED BUSINESS TAXABLE INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 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. IN ACCORDANCE WITH APPLICABLE GUIDANCE, THE ORGANIZATION HAS ELECTED TO INCLUDE INTEREST AND PENALTIES RELATED TO ITS TAX CONTINGENCIES IN INCOME TAX EXPENSE. THERE WERE NO ACCRUALS FOR INTEREST AND PENALTIES RECOGNIZED FOR UNCERTAIN TAX POSITIONS DURING THE YEAR ENDED DECEMBER 31, 2022. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGE EXPENSE 386,350. LOBBYING PENALTY 7,145. X 0 KATHARINE DESHAW 1041 GRAND AVE SUITE 225 ST PAUL MN 55105 CONSULTING ON VIP FUNDRAISING STRATEGY AND OTHER ASPECTS 0 0 70075 -70075 CREATIVE FUNDRAISING ADVISORS LLC 1041 GRAND AVE SUITE 225 ST PAUL MN 55105 DONOR DATABASE, RESEARCH, AND RELATED TRAINING 0 0 20462 -20462 90537 -90537 CA ART INSTALLATION AND EVENING EVENT 238143 238143 0 0 18753 15353 3409 67523 238143 238143 18753 15353 3409 67523 105038 -105038 0 ALTASEADS CONSERVANCY 2451 SIGNAL STREET SAN PEDRO CA 90731 882044353 501(C)(3) 509121 0 AIM TO DEVELOP, MAINTAIN AND CURATE SEED BANKS TO PROMOTE CONSOLIDATION OF RESOURCES AND KNOWLEDGE, ENABLE BREEDING IMPROVED NON-GMO KELP CROPS AND ESTABLISH CULTIVATION PRACTICES BY PREVENTING TRANSGENE FLOW TO NATURAL KELP BEDS.PROVIDE FISCAL SPONSORSHIP WHILE NOT-FOR-PROFIT ORGANIZATION WAS ESTABLISHING ITSELF. 1 0 PART I, LINE 2: AS PART OF A FISCAL SPONSORSHIP AGREEMENT, THERE ARE PROVISIONS FOR NOTIFICATION AND APPROVALS OF CHANGES, REPORTS AND MEETINGS TO REVIEW COMPLIANCE, AND RECORDKEEPING REQUIREMENTS FOR VERIFICATION, ALL OF WHICH IS ON REQUEST OF THE ORGANIZATION/"SPONSOR". 0 0 0 0 0 0 0 0 0 TERRY TAMMINEN PRESIDENT/CEO 342326 0 0 0 0 0 0 0 2707 0 345033 0 0 0 JENNY KRUSOE EXECUTIVE DIRECTOR 248803 0 0 0 0 0 7467 0 892 0 257162 0 0 0 CHARMIAN E HAUCK CFO 183051 0 0 0 0 0 17000 0 38322 0 238373 0 0 0 X 1 171000 VALUE STATEMENT X OFFICE CONTAINER 2 220000 APPRAISED VALUE 2 0 0 0 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 DIRECTORS ANNUALLY EXECUTE A CONFLICT OF INTEREST FORM, WHICH IS REVIEWED BY THE EXECUTIVE DIRECTOR AND LEGAL COUNSEL. DIRECTORS 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 DIRECTORS. THE BOARD OF DIRECTORS REVIEWS ALL APPROVED COMPENSATION FOR KEY EXECUTIVES BASED ON THESE STUDIES. EXECUTIVE COMPENSATION PAID BY THE ORGANIZATION IS APPROVED BY DIRECTORS 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 XI, LINE 9: UNCOLLECTIBLE PLEDGE EXPENSE -386,350. LOBBYING REPORTING PENALTY -7,145. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.