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Promare Inc. is a private corporation based in CHESTER, CT. The foundation received its IRS ruling in 2002. It holds total assets of $3M. Annual income is reported at $450K. RESEARCH PROJECTS INCLUDING THE MAYFLOWER AUTONOMOUS SHIP WHICH IS A FULL SIZE UNMANNED RESEARCH SHIP THAT WILL TAKE THE ROUTE OF THE ORIGINAL MAYFLOWER SHIP AND THE VIKING SEAS PROJECT WHICH IS THE EXPLORATION OF VIKING SHIPS SUBMERGED ALONG THE NORWEGIAN COAST AND WATERWAYS.IN ADDITION TO PROGRAM EXPENSES DISCLOSED, PROMARE ALSO EXPENDED $367,586 OF PROJECT COSTS THAT WERE CAPITALIZED FOR THE CONSTRUCTION OF THE AUTONOMOUS MAYFLOWER SHIP. Contributions to this foundation are tax-deductible.
RESEARCH PROJECTS INCLUDING THE MAYFLOWER AUTONOMOUS SHIP WHICH IS A FULL SIZE UNMANNED RESEARCH SHIP THAT WILL TAKE THE ROUTE OF THE ORIGINAL MAYFLOWER SHIP, THE NORWEGIAN SORLANDET PROJECT WHICH EXPLORED THE LAKE FLOOR OF THE TELEMARK WATERWAY, AND THE VIKING SEAS PROJECT WHICH IS THE EXPLORATION OF VIKING SHIPS SUBMERGED ALONG THE NORWEGIAN COAST AND WATERWAYS.THE SORLANDET PROJECT IS A COOPERATION WITH THE NORWEGIAN MARITIME MUSEUM AND TELEMARK TECHNOLOGY PARK. IT IS A SURVEY OF SELECTED AREAS IN THE SOUTH OF NORWAY TO LOCATE AND INVESTIGATE IMPORTANT SHIPWRECK SITES. THE PROJECT HAS LOCATED AND EXCAVATED NORWAY'S ONLY VIKING AGE SHIPWRECK (2019-2022) AND IS CURRENTLY WORKING ON A MEDIEVAL WRECK-SITE AND AN 18TH CENTURY SHIPWRECK CARRYING WINE AND OTHER GOODS FROM FRANCE TO NORWAY WHEN IT PERISHED IN 1780.
Expenses: $102K
RESEARCH PROJECTS INCLUDING THE MAYFLOWER AUTONOMOUS SHIP WHICH IS A FULL SIZE UNMANNED RESEARCH SHIP THAT WILL TAKE THE ROUTE OF THE ORIGINAL MAYFLOWER SHIP AND THE VIKING SEAS PROJECT WHICH IS THE EXPLORATION OF VIKING SHIPS SUBMERGED ALONG THE NORWEGIAN COAST AND WATERWAYS.IN ADDITION TO PROGRAM EXPENSES DISCLOSED, PROMARE ALSO EXPENDED $367,586 OF PROJECT COSTS THAT WERE CAPITALIZED FOR THE CONSTRUCTION OF THE AUTONOMOUS MAYFLOWER SHIP.
Promare Inc. typically selects its grantees rather than accepting unsolicited proposals.
Promare Inc. is headquartered in CHESTER, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brett A Phaneuf | DIRECTOR | $0 | $0 | $0 |
| Gregory M Cook | DIRECTOR/CHAIRMAN | $0 | $0 | $0 |
| Fredrik Soreide | DIRECTOR/VICE PRESIDENT | $0 | $0 | $0 |
| Ayse D Phaneuf - 34601 Comp | PRESIDENT | $0 | $0 | $0 |
| Michele M Gregory | DIRECTOR/SECRETARY | $0 | $0 | $0 |
Total Giving
$111K
Total Assets
$3.1M
Fair Market Value
$3.4M
Net Worth
$3.1M
Grants Paid
$0
Contributions
$262K
Net Investment Income
$18K
Distribution Amount
$50K
Total: $652K
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