Downeast Salmon Federation
- Assets
- $6.0m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Columbia Falls, ME
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 01-0532938
Organization Overview
Downeast Salmon Federation is located in Columbia Falls, ME. The organization was established in 2001. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. As of 12/2023, Downeast Salmon Federation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downeast Salmon Federation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Downeast Salmon Federation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSERVE WILD ATLANTIC SALMON AND ITS HABITAT, RESTORE A VIABLE SPORTS FISHERY AND PROTECT OTHER IMPORTANT RIVER, SCENIC, RECREATIONAL AND ECOLOGICAL RESOURCES IN EASTERN MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CONSERVATION, EDUCATION AND PUBLIC AWARENESS TOWARDS ATLANTIC SALMON AND ITS HABITAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwayne Shaw Executive Di | Officer | 40 | $87,042 |
Serena Evans Director | Trustee | 1 | $0 |
Joseph Horn Director | Trustee | 1 | $0 |
Tora Johnson President | OfficerTrustee | 1 | $0 |
Alan Kane Director | Trustee | 1 | $0 |
George Leinbaugh Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $403,768 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,671,530 |
| Noncash contributions included in lines 1a–1f | $16,379 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,075,298 |
| Total Program Service Revenue | $0 |
| Investment income | $23,251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,223 |
| Net Income from Fundraising Events | $11,305 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,129,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,042 |
| Compensation of current officers, directors, key employees. | $34,817 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $526,100 |
| Pension plan accruals and contributions | $16,552 |
| Other employee benefits | $75,996 |
| Payroll taxes | $47,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,433 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,430 |
| Office expenses | $3,217 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,995 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,254 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,085 |
| Insurance | $32,411 |
| All other expenses | $66,981 |
| Total functional expenses | $1,325,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,411,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $237,270 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,817,126 |
| Investments—publicly traded securities | $506,342 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,972,156 |
| Accounts payable and accrued expenses | $49,648 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,648 |
| Net assets without donor restrictions | $4,563,049 |
| Net assets with donor restrictions | $1,359,459 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,972,156 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlantic Salmon Federation Inc Calais, ME | $22,618,383 | $10,301,297 |
Downeast Institute For Applied Marine Research And Education Inc Beals Island, ME | $6,435,897 | $2,697,975 |
Downeast Salmon Federation Columbia Falls, ME | $5,972,156 | $2,129,209 |
Maine Coast Community Sector Brunswick, ME | $279,059 | $1,299,298 |
Project Share Cherryfield, ME | $52,137 | $414,180 |
Xi Northeast Fishery Sector Inc Portsmouth, NH | $342,855 | $0 |
Trout Unlimited Littleton, NH | $79,137 | $0 |
Powwow Pond Council Inc Kingston, NH | $16,094 | $0 |
Northeast Coastal Communities Sector Stonington, ME | $56,383 | $0 |