Ocean Inc
Ocean Community Economic Action Now Inc. (OCEAN Inc.) is a 501(c)(3) public charity based in Toms River, New Jersey. Founded in 1967, the organization operates as a community action agency dedicated to combating poverty and improving quality of life for residents throughout the region. OCEAN Inc. works collaboratively with local, state, and federal government agencies, as well as private sector institutions, to deliver comprehensive social services and economic support programs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.0M
+2.2% YoY
Annual Giving
$1.2M
+14.1% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$111K
-17.0% YoY
Mission & Focus Areas
OCEAN Inc.'s mission centers on serving the community through programs that improve New Jersey residents' quality of life and promote self-sufficiency. The organization's primary program areas include:
Head Start Programs: Comprehensive preschool services for children ages 3-5 years old from disadvantaged families, meeting federal income eligibility guidelines. These programs provide education, health services, social services, parent involvement opportunities, and special needs support. OCEAN Inc. operates Head Start programs at six locations throughout Ocean County in Brick, Berkeley, Barnegat, Toms River, Manchester, and the LEAP Delegate Center in Lakewood.
Community Services Block Grant Programs: Multiple programs administered to support low-income families and individuals.
Weatherization Programs: Assistance for low-income households.
Rental Assistance Programs: Support for families facing housing challenges.
Additional Community Support Services: Various programs designed to assist low-income families and promote economic stability.
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Geographic Focus
Where this funder awards grants
OCEAN Inc. serves Ocean County, New Jersey, with program locations in Brick, Berkeley, Barnegat, Toms River, Manchester, and Lakewood.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Revenue: $15,032,121
- Total Expenses: $14,784,965
- Total Assets: $23,950,996
- Total Liabilities: $11,700,000
- Staff: 155 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,950,996 | $23,437,874 | $22,321,911 |
| Revenue | $15,032,121 | $15,757,678 | $14,455,709 |
| Expenses | $14,784,965 | $13,986,968 | $14,296,634 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $457,545 | $210,983 | $111,613 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
87 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANITA WOOLERY | CHAIRPERSON | 4 | — |
| GLYNIS JEAN WRAY | VICE CHAIRPERSON | 2 | — |
| TRACEY LYNN TRINIWELL | TREASURER | 2 | — |
| MARY GUARIN | SECRETARY | 1 | — |
| JENNIFER L BARNES ESQ | MEMBER | 1 | — |
| HENRY A JACKSON | MEMBER | 1 | — |
| ADRIENNE LAWRENCE | MEMBER | 1 | — |
| JUDITH PETO | MEMBER | 1 | — |
| SHAMAILA SHEIKH | MEMBER | 1 | — |
| CHANNELL WILKINS | PRESIDENT/CEO (THRU SEPT 2024) | 40 | $210,231 |
| BETH HUDSON | CHIEF FINANCIAL OFFICER | 40 | $123,924 |
| TAMICA MICKLE | PRESIDENT/CEO (SEPT 2024-PRESENT) | 40 | $50,981 |
| MARGARET SAUNDERS | VP OF CHILDREN'S SERVICES | 40 | $117,719 |
| SHERRIE HUFF | VP OF HUMAN RESOURCES | 40 | $120,909 |
Recent Activity
Recent developments and announcements
OCEAN Inc. received funding this year from the Ocean County Cultural & Heritage Commission through funds granted by the New Jersey State Council on the Arts, a Division of the Department of State.
New OCEAN projects awarded \xA314m to support marine protection and poverty\The organization announced 2025 awardees through its programs.
Contact Information
- Address: 40 Main Street, Toms River, NJ 08753
- Phone: 732-244-5333
- Website: www.oceaninc.org
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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