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Nonprofit · EIN 05-0509325

OSHEAN INC

Tax-exempt · WARWICK, RI 02886

Financials

$9.9M$10.5M2022$10.5M$11.2M2023$9.7M$10.9M2024
Revenue Expenses · by fiscal year end
Financials of OSHEAN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,735,483$10,922,282-$1,186,799$28,762,989$6,806,346$21,956,643
June 30, 2024990$10,511,592$11,154,068-$642,476$29,461,979$6,363,166$23,098,813
June 30, 2023990$9,946,606$10,473,240-$526,634$29,595,438$5,887,387$23,708,051
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,538,164
Investment income
$193,953
Net gain from sales of assets
-$15,947
Other revenue
$3,366

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$762,904
Other salaries and wages
$2,147,648
Salaries, compensation and benefits (total)
$3,665,365
Professional fundraising fees
$0
Legal fees
$13,172
Accounting fees
$54,981
Occupancy
$62,798
Travel
$44,653
Depreciation
$2,620,064
Program services (functional)
$9,577,613
Management and general (functional)
$1,344,669

Balance sheet and other

Total assets, start of year
$29,461,979
Total assets, end of year
$28,762,989
Total liabilities, end of year
$6,806,346
Net assets, end of year
$21,956,643
Land, buildings and equipment
$2,138,031
Publicly traded securities
$4,836,163
Net assets without donor restrictions
$21,956,643
Gross receipts
$12,782,174
Employees
26
Volunteers
11
Year formed
1999
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVID MARBLEPRESIDENT/CEO
Officer
40$277,608$57,140
TIMOTHY RUECHIEF TECHNOLOGY OFFICER
Officer
40$185,278$44,274
MARK MONTALTOVP - BUSINESS DEVELOPMENT
Highest-paid employee
40$177,736$43,904
JONATHAN DOMENSENIOR NETWORK ARCHITECT
Key employee
40$156,294$49,845
RONALD VERDISENIOR NETWORK ENGINEER
Highest-paid employee
40$148,730$42,643
ALLAN ZAWADOWICZMANAGER, NETWORK OPERATIONS
Highest-paid employee
40$139,235$46,717
ROBERT GAYVP OF OPERATIONS
Highest-paid employee
40$132,775$40,309
ERIC BUTASHMANAGER, MEMBER SERVICES
Highest-paid employee
40$126,051$7,938
JACQUES LAFLAMMECHAIR
Trustee or director, Officer
1$0$0
KEITH CHRISTOPHERVICE CHAIR
Trustee or director, Officer
1$0$0
PAUL FONTAINEVICE CHAIR (UNTIL 7/24)
Trustee or director, Officer
1$0$0
TAMMY ANDERSONSECRETARY (AS OF 02/25)
Trustee or director, Officer
1$0$0
GAURAV KHANNABOARD MEMBER
Trustee or director
1$0$0
DARLENE WOODBOARD MEMBER
Trustee or director
1$0$0
JOE FREIDRICHSENBOARD MEMBER
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
RENEE PALERMOBOARD MEMBER
Trustee or director
1$0
CHRISTOPHER MISRABOARD MEMBER
Trustee or director
1$0
AL NOTARIANNIBOARD MEMBER
Trustee or director
1$0
JASON ROWEBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
DAVID C MARBLEPRESIDENT/CEO
Officer
40$258,546$12,691
TIMOTHY A RUECHIEF TECH. OFFICER
Highest-paid employee
40$173,982$12,102
MARK MONTALTODIRECTOR - BUS. DEV.
Highest-paid employee
40$166,125$8,674
JONATHAN DOMENSENIOR NETWORK ARCHITECT
Highest-paid employee
40$147,066$13,481
RONALD VERDISENIOR NETWORK ENGINEER
Highest-paid employee
40$139,814$15,504
PAUL FONTAINEVICE CHAIR
Trustee or director, Officer
1$0$0
ROY GALANGBOARD MEMBER (TO 06/24)
Trustee or director
1$0$0
TIM WELLSBOARD MEMBER (TO 06/24)
Trustee or director
1$0$0
JACQUES LAFLAMMECHAIR
Trustee or director
1$0$0
STEPHEN SPOHNTREASURER (TO 06/24)
Trustee or director
1$0$0
TAMMY ANDERSONSECRETARY
Trustee or director
1$0$0
IRVING BRUCKSTEINBOARD MEMBER (TO 6/24)
Trustee or director
1$0$0
GAURAV KHANNABOARD MEMBER
Trustee or director
1$0$0
PETER SANTOSBOARD MEMBER (TO 09/23)
Trustee or director
1$0$0
PAM CHRISTMANBOARD MEMBER (09/1- 06/24)
Trustee or director
1$0$0
RENEE PALERMOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
DAVID C MARBLEPRESIDENT/CEO
Officer
40$249,812$12,833
CLAUDE J TOLBERTCOO
Officer
30$184,887$29,657
TIMOTHY A RUECHIEF TECH. OFFICER
Highest-paid employee
40$169,062$12,367
MARK MONTALTODIRECTOR - BUS. DEV.
Highest-paid employee
40$160,654$9,160
JONATHAN DOMENSENIOR NETWORK ARCHITECT
Highest-paid employee
40$143,660$11,902
RONALD VERDISENIOR NETWORK ENGINEER
Highest-paid employee
40$131,088$16,049
PAUL FONTAINEVICE CHAIR
Trustee or director, Officer
1$0$0
ROY GALANGBOARD MEMBER
Trustee or director
1$0$0
TIM WELLSBOARD MEMBER
Trustee or director
1$0$0
JACQUES LAFLAMMECHAIR
Trustee or director
1$0$0
STEPHEN SPOHNTREASURER
Trustee or director
1$0$0
TAMMY ANDERSONSECRETARY
Trustee or director
1$0$0
IRVING BRUCKSTEINBOARD MEMBER
Trustee or director
1$0$0
GAURAV KHANNABOARD MEMBER
Trustee or director
1$0$0
PETER SANTOSBOARD MEMBER
Trustee or director
1$0$0
BIJAY KUMARBOARD MEMBER (TO 6/23)
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
301 METRO CENTER BLVD STE 302, WARWICK, RI 02886-1782
In care of
% GEORGE LOFTUS
Principal officer (990 for 2024)
DAVID MARBLE, 301 METRO CENTER BLVD, WARWICK, RI 02886
Signed the 990
DAVID MARBLE, PRESIDENT/CEO
Phone
(401) 398-7500
Return prepared by
CLIFTONLARSONALLEN

Mission

OSHEAN, INC. IS DEDICATED TO PROVIDING A COMMERCIAL GRADE TELECOMMUNICATIONS INFRASTRUCTURE THAT WILL SERVE THE CURRENT AND FUTURE TECHNOLOGY NEEDS OF ITS MEMBER ORGANIZATIONS.

990 for the year ended June 30, 2025

Program accomplishments

  • OSHEAN, INC. DELIVERS CARRIER CLASS OPTICAL TRANSPORT, ADVANCED INTERNET PROTOCOL-BASED NETWORKING AND INNOVATIVE CLOUD-BASED SOLUTIONS TO COMMUNITY ANCHOR INSTITUTIONS AND THE COMMUNITIES THEY SERVICE. OSHEAN CREATES TRUSTED CONNECTIONS FOR PEER-TO-PEER INTERACTIONS THAT LEAD TO MORE EFFICIENT, EFFECTIVE, AND COLLABORATIVE INFORMATION TECHNOLOGY ENVIRONMENTS. OSHEAN HAS AN EXTENSIVE MEMBER NETWORK CONSISTING OF LEADING HEALTH CARE ORGANIZATIONS, COLLEGES AND UNIVERSITIES, K-12 SCHOOLS, LIBRARIES, GOVERNMENT AGENCIES, AND OTHER COMMUNITY ORGANIZATIONS IN RHODE ISLAND AND MASSACHUSETTS. OSHEAN ACTS AS A KEY STRATEGIC TECHNOLOGY PARTNER BY FACILITATING MEMBER COLLABORATION AND PROVIDING BEST-IN-CLASS TECHNOLOGY SOLUTIONS AND SERVICES THAT PROVIDE OPERATIONAL EFFICIENCIES AND TRANSFORM TRADITIONAL ENTERPRISE OPERATING MODELS IN SUPPORT OF ITS MEMBERS' MISSIONS. OSHEAN IS AN ACTIVE MEMBER OF THE TECHNOLOGY COMMUNITY, REGULARLY CONTRIBUTING EXPERTISE AND RESOURCES TO A WIDE RANGE OF INITIATIVES, FROM SCHOOL ENRICHMENT ACTIVITIES TO COMMUNITY FORUMS ON TECHNOLOGY-RELATED ISSUES IN THE PUBLIC INTEREST. OSHEAN REGULARLY PURSUES OPPORTUNITIES FOR LOCAL, REGIONAL, AND NATIONAL COLLABORATION AND PLAYS A NATIONAL LEADERSHIP ROLE IN PROFESSIONAL EDUCATION FOR INFORMATIONAL TECHNOLOGY PROFESSIONALS AND POLICY DEVELOPMENT IN THE INFORMATION TECHNOLOGY AREA.
    Expenses $9,577,613 · revenue $9,541,530

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
05-0509325
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,762,989
Income (IRS master file)
$12,782,174

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,735,483$10,922,282$28,762,989XML
990June 2024$10,511,592$11,154,068$29,461,979XML
990June 2023$9,946,606$10,473,240$29,595,438XML
990June 2022$8,682,560$10,424,368$30,440,136IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0509325).

Questions about OSHEAN INC

What is the EIN of OSHEAN INC?
The employer identification number (EIN) of OSHEAN INC is 05-0509325.
Is OSHEAN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to OSHEAN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OSHEAN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OSHEAN INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OSHEAN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OSHEAN INC?
The 990 for the year ended June 30, 2025 names DAVID MARBLE.
Who are the officers and directors of OSHEAN INC?
The 990 for the year ended June 30, 2025 lists 19 people; 8 received compensation from the organization, the highest $277,608 (DAVID MARBLE, PRESIDENT/CEO).
How much revenue does OSHEAN INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,735,483, expenses of $10,922,282 and total assets of $28,762,989 at year end.

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