Palacios Marine Agricultural Research Inc.

Fiscal year ending 2024. Filed on March 5, 2025.

555 N Carancahua Suite 700
Corpus Christi, Texas 78401

Palacios Marine Agricultural Research Inc. (EIN: 84-5079866) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, Palacios Marine Agricultural Research Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 9 total employees. Among the employees shown here, the average compensation is $155,121. The highest compensated employee at Palacios Marine Agricultural Research Inc. is Joe Fox with fiscal year 2024 compensation of $222,078.

Revenue, expenses, and employee compensation

Revenue

$3,215,290

Expenses

$2,914,311

Employee compensation

$1,263,945

Reported Compensated Employees

Joe Fox

Former Executive Director

$222,078

$222,078 No related compNo other comp

Gail Sutton

Director of Operat.

$144,220

$144,220 No related compNo other comp

Larry McKinney

Director

$138,030

$138,030 No related compNo other comp

James Meyn

Chief Executive Officer

$116,154

$116,154 No related compNo other comp

Non-Employee Board Members

Advisory Director

Kenneth W Trawick

Stephen W Altheide

Contractors

Tri Moran Development Inc.

Timothy Richardson

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

March 5, 2025:

2024 Palacios Marine Agricultural Research Inc. 990 filed

March 26, 2024:

2023 Palacios Marine Agricultural Research Inc. 990 filed

December 20, 2022:

2022 Palacios Marine Agricultural Research Inc. 990 filed

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