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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Environmental Quality, Protection & Beautification Oceantic Network Inc.

Oceantic Network Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

1340 Smith Avenue Suite 200
Baltimore, Maryland 21209

Oceantic Network Inc. (EIN: 46-3553839) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Oceantic Network Inc., a 501(c)(3) charitable organization, reported compensation for 6 out of 56 total employees. Among the employees shown here, the average compensation is $173,126. The highest compensated employee at Oceantic Network Inc. is Elizabeth Burdock with fiscal year 2024 compensation of $326,503. Oceantic Network Inc. changed its name from Business Network for Maryland Offshore Wind Inc. in 2022.

Revenue, expenses, and employee compensation

Revenue

$11,861,147

Expenses

$10,075,062

Employee compensation

$4,487,770
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elizabeth Burdock
Executive Director
$326,503
$324,812 No related comp$1,691
Jen Brock
Chief Development Officer
$160,921
$155,424 No related comp$5,497
Elizabeth Trey
Vice President, Events
$153,496
$144,279 No related comp$9,217
Todd Shilow
Vice President, Finance
$137,133
$131,130 No related comp$6,003
Samuel G Salustro
Senior Vice President of
$133,916
$129,222 No related comp$4,694
Ross Gould
Vice President Supply CH
$126,788
$126,788 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Smith
Chief Office
Belton Zeigler
Partner
Brian Sabina
Senior Vice President
Cindy Truitt
Chief Executive Officer
Clarke Bruno
Chief Executive Officer
Don Hairston
Director
Emmanuel Martin-Lauzer
Director
Jan Klaassen
Director
Jay Borkland
Board Chair
Joe Tirone
Secretary
Joel Whitman
Director
Katerina Ennerfelt
Director

Contractors

Event Eq
Event Logistic
$376,488

Mission Statement

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.

Revisions to this organization profile

November 14, 2025:
2024 Oceantic Network Inc. 990 filed
September 9, 2024:
2023 Oceantic Network Inc. 990 filed
March 6, 2024:
2022 Oceantic Network Inc. 990 filed

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