2026-03-31T17:34:36-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2024-07-01 050509325 OSHEAN INC OSHE 4013987500 301 METRO CENTER BLVD WARWICK RI 02886 DAVID MARBLE PRESIDENT/CEO 4013987500 2026-03-24 1 0 ALEXANDRA SPIELVOGEL P02040631 8602316628 2026-03-24 2024 2025-03-06 01:10:19Z DAVID MARBLE 301 METRO CENTER BLVD WARWICK RI 02886 12782174 0 X HTTP://WWW.OSHEAN.ORG X 1999 RI TO PROVIDE PREMIUM BROADBAND TELECOMMUNICATION, IP NETWORKING AND ABOVE THE NET SERVICES. 10 10 26 11 0 0 0 0 10306684 9538164 204908 193953 0 3366 10511592 9735483 0 0 0 0 3413562 3665365 0 0 0 7740506 7256917 11154068 10922282 -642476 -1186799 29461979 28762989 6363166 6806346 23098813 21956643 X OSHEAN, INC. IS DEDICATED TO PROVIDING A COMMERCIAL GRADE TELECOMMUNICATIONS INFRASTRUCTURE THAT WILL SERVE THE CURRENT AND FUTURE TECHNOLOGY NEEDS OF ITS MEMBER ORGANIZATIONS. 0 0 9577613 9541530 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. 9577613 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X DAVID MARBLE 4013987500 301 METRO CENTER BLVD SUITE 302 WARWICK RI 02886 JACQUES LAFLAMME CHAIR 1.00 X X 0 0 0 KEITH CHRISTOPHER VICE CHAIR 1.00 X X 0 0 0 PAUL FONTAINE VICE CHAIR (UNTIL 7/24) 1.00 X X 0 0 0 TAMMY ANDERSON SECRETARY (AS OF 02/25) 1.00 X X 0 0 0 GAURAV KHANNA BOARD MEMBER 1.00 X 0 0 0 DARLENE WOOD BOARD MEMBER 1.00 X 0 0 0 JOE FREIDRICHSEN BOARD MEMBER 1.00 X 0 0 0 RENEE PALERMO BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER MISRA BOARD MEMBER 1.00 X 0 0 0 AL NOTARIANNI BOARD MEMBER 1.00 X 0 0 0 JASON ROWE BOARD MEMBER 1.00 X 0 0 0 DAVID MARBLE PRESIDENT/CEO 40.00 X 277608 0 57140 TIMOTHY RUE CHIEF TECHNOLOGY OFFICER 40.00 X 185278 0 44274 JONATHAN DOMEN SENIOR NETWORK ARCHITECT 40.00 X 156294 0 49845 MARK MONTALTO VP - BUSINESS DEVELOPMENT 40.00 X 177736 0 43904 RONALD VERDI SENIOR NETWORK ENGINEER 40.00 X 148730 0 42643 ALLAN ZAWADOWICZ MANAGER, NETWORK OPERATIONS 40.00 X 139235 0 46717 ROBERT GAY VP OF OPERATIONS 40.00 X 132775 0 40309 ERIC BUTASH MANAGER, MEMBER SERVICES 40.00 X 126051 0 7938 1343707 0 332770 17 0 1 0 0 INTERNET AND SERVICE FEES 517000 9153184 9153184 OTHER MEMBER SERVICES 517000 384980 384980 9538164 209900 209900 3030744 3046691 -15947 -15947 -15947 OTHER INCOME 517000 3366 3366 3366 9735483 9541530 0 193953 762904 685129 77775 2147648 1575073 572575 246354 178699 67655 292524 217160 75364 215935 166270 49665 13172 13172 54981 54981 12277 12277 369165 369165 66770 56087 10683 25163 19376 5787 105487 105487 62798 48355 14443 44653 44653 52536 27319 25217 356461 81985 274476 2620064 2620064 95232 73328 21904 TRANSPORT SERVICES 1712099 1712099 COULD SERVICES 614515 614515 OTHER PROGRAM EXPENSES 561583 561583 CORE NETWORK SERVICES 402554 402554 87407 18712 68695 10922282 9577613 1344669 0 1219108 482476 2542529 1265810 866749 1303914 1751893 15047261 12909230 20665005 2138031 999944 4836163 1465669 18687677 29461979 28762989 660217 650039 1416278 1713143 4286671 4443164 6363166 6806346 X 23098813 21956643 23098813 21956643 29461979 28762989 -1186799 44629 0 X 0 1 X 1 0 X 35296 35296 9190138 8661306 9871368 10306684 9538164 47567660 9225434 8661306 9871368 10306684 9538164 47602956 0 1381601 1203004 2163194 2070093 4453786 11271678 1381601 1203004 2163194 2070093 4453786 11271678 36331278 76721 34854 101698 235061 209900 658234 76721 34854 101698 235061 209900 658234 3366 3366 9302155 8696160 9973066 10541745 9751430 48264556 0.75280 0.82000 0.01360 0.01210 X 15047261 12909230 2138031 2138031 OPERATING LEASE RIGHT-OF-USE ASSET, NET 1260019 INDEFEASIBLE RIGHTS OF USE, NET 17427658 18687677 OPERATING LEASE OBLIGATION 1164587 FINANCE LEASES OBLIGATION 3278577 4443164 X 10098027 44629 330192 374821 9723206 12277 12277 9735483 11240197 330192 330192 10910005 12277 12277 10922282 PART X, LINE 2: NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS PROVIDED UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3). THE INTERNAL REVENUE SERVICE (IRS) HAS CLASSIFIED THE ORGANIZATION AS AN ORGANIZATION WHICH IS A PUBLIC CHARITY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION REPORTS TAX-RELATED INTEREST AND PENALTIES, IF ANY, AS A COMPONENT OF MANAGEMENT AND GENERAL EXPENSE. X X 0 0 0 0 0 0 0 1 0 DAVID MARBLE PRESIDENT/CEO 267608 0 10000 0 0 0 37804 0 19336 0 334748 0 0 0 TIMOTHY RUE CHIEF TECHNOLOGY OFFICER 177778 0 7500 0 0 0 25746 0 18528 0 229552 0 0 0 MARK MONTALTO VP - BUSINESS DEVELOPMENT 170236 0 7500 0 0 0 24024 0 19880 0 221640 0 0 0 JONATHAN DOMEN SENIOR NETWORK ARCHITECT 152294 0 4000 0 0 0 21994 0 27851 0 206139 0 0 0 RONALD VERDI SENIOR NETWORK ENGINEER 145730 0 3000 0 0 0 20594 0 22049 0 191373 0 0 0 ALLAN ZAWADOWICZ MANAGER, NETWORK OPERATIONS 134235 0 5000 0 0 0 19601 0 27116 0 185952 0 0 0 ROBERT GAY VP OF OPERATIONS 125275 0 7500 0 0 0 18732 0 21577 0 173084 0 0 0 PART I, LINE 7 BONUSES ARE BOTH DISCRETIONARY AND BASED ON PERFORMANCE. THE BOARD IS PRESENTS AN AGGREGATE NUMBER FOR BONUSES THAT IS APPROVED IN THE BUDGET. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE OSHEAN BOARD OF DIRECTORS IS COMPOSED OF THE CHAIR, VICE CHAIR, TREASURER, SECRETARY, AND PRESIDENT, IF ANY. THERE ARE NO MEMBERS OF THE EXECUTIVE COMMITTEE WHO ARE NOT ON THE GOVERNING BODY. THE EXECUTIVE COMMITTEE SHALL MANAGE THE AFFAIRS OF THE CORPORATION BETWEEN MEETINGS OF THE BOARD, BUT SHALL BE ACCOUNTABLE TO THE BOARD FOR ITS ACTIONS. THE BOARD MAY DELEGATE TO THE EXECUTIVE COMMITTEE ADDITIONAL POWERS, EXCEPT THOSE WHICH BY LAW, THE ARTICLES OF INCORPORATION, OR THE OSHEAN BYLAWS THEY ARE PROHIBITED FROM DELEGATING. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. EXCEPT AS THE BOARD MAY OTHERWISE DETERMINE, THE EXECUTIVE COMMITTEE MAY MAKE RULES FOR THE CONDUCT OF ITS BUSINESS. THE EXECUTIVE COMMITTEE SHALL REPORT ON ITS ACTIONS TO THE BOARD. THE BOARD SHALL HAVE THE POWER TO RESCIND ANY VOTE OR RESOLUTION OF THE EXECUTIVE COMMITTEE. BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO MEET AND TRANSACT THE BUSINESS OF OSHEAN, SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS: THE EXECUTIVE COMMITTEE MAY NOT: (A) CHANGE, REPEAL, OR AMEND THE ARTICLES OR THE BYLAWS OF THE CORPORATION; (B) CHANGE, AMEND OR ADOPT POLICIES; (C) HIRE/DISMISS THE PRESIDENT; (D) APPROVE, REMOVE, OR CHANGE THE CLASS OF MEMBERS; (E) ALTER THE INITIAL FEE OR ANNUAL DUES; OR (F) TAKE ANY OTHER ACTION PROHIBITED TO BE TAKEN BY A COMMITTEE UNDER THE ACT. FORM 990, PART VI, SECTION A, LINE 6 OSHEAN HAS THE FOLLOWING CLASSES OF MEMBER ORGANIZATIONS ("MEMBERS"): SUBSCRIBING MEMBERS - MEMBERS OF THE CORPORATION WHO SUBSCRIBE TO ONE OR MORE FEE-BASED SERVICES PROVIDED BY THE CORPORATION AND PAY THE ANNUAL DUES (AS DEFINED IN THE BYLAWS) AFFILIATE MEMBERS - AFFILIATED MEMBERS OF THE CORPORATION WHO DO NOT SUBSCRIBE TO ANY OF THE NETWORK FEE-BASED SERVICES PROVIDED BY THE CORPORATION AND WHO PAY AN AFFILIATE FEE BUT WHO ARE NOT REQUIRED TO PAY AND HAVE NOT PAID ANY INITIAL FEES AND ARE NOT REQUIRED TO PAY AND DO NOT PAY ANNUAL DUES. THE MEMBERS SHALL HAVE NO VOTING RIGHTS OR OTHER POWERS WITH RESPECT TO THE CORPORATION, OTHER THAN THE RIGHT TO VOTE ON THE FOLLOWING MATTERS: (I) A MODIFICATION OF THE CORPORATION'S PURPOSES; AND (II) THE DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. AT THE SUBSEQUENT BOARD MEETING, THE BOARD IS ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS, AND A GENERAL REVIEW OF THE FORM IS CONDUCTED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. SUBSEQUENT TO THIS MEETING, THE FORM IS THEN SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BUSINESS OPERATIONS TEAM MEMBER PROVIDES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY, AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A ANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE PRESIDENT/CEO. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OBTAINED FROM COMPENSATION SURVEYS. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.