Maine Coast Fishermens Association
- Assets
- $1.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 7
- Location
- Brunswick, ME
- Founding
- 07/2012
- Data as of
- 12/2020
- EIN
- 13-4337702
Organization Overview
Maine Coast Fishermens Association is located in Brunswick, ME. The organization was established in 2012. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2020, Maine Coast Fishermens Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Coast Fishermens Association 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 12/2020, Maine Coast Fishermens Association generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $1.3m during the year ending 12/2020. While expenses have increased by 40.5% per year over the past 5 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ADVICE FOR SUSTAINABLE FISHING
Describe the Organization's Program Activity:
MONITORING FISHING FOR SUSTAINABLE PURPOSES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Walker Treasurer | Officer | 5 | $0 |
Benjamin Martens Manager | Officer | 40 | $0 |
Andrew Kraus Secretary | Trustee | 10 | $0 |
Randy Cushman Policy Committee | Trustee | 10 | $0 |
David Schwartz Development Committee | Trustee | 10 | $0 |
Jamieson Webking Development Committee | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $411,801 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,316,233 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,728,034 |
| Total Program Service Revenue | $0 |
| Investment income | $5,396 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $464 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,298 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,744,192 |
| 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. | $74,499 |
| Compensation of current officers, directors, key employees. | $74,499 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,429 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,345 |
| Payroll taxes | $21,537 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $840 |
| Fees for services: Accounting | $6,666 |
| Fees for services: Lobbying | $6,977 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,258 |
| Advertising and promotion | $0 |
| Office expenses | $3,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,279 |
| Travel | $5,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,502 |
| Insurance | $3,453 |
| All other expenses | $946,539 |
| Total functional expenses | $1,346,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,204 |
| Savings and temporary cash investments | $1,474,751 |
| Pledges and grants receivable | $0 |
| 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 | $2,500 |
| Prepaid expenses and deferred charges | $2,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,658,455 |
| Accounts payable and accrued expenses | $5,104 |
| 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 | $255,609 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $260,713 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $500 |
| Retained earnings, endowment, accumulated income, or other funds | $1,397,242 |
| Total liabilities and net assets/fund balances | $1,658,455 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maine Coast Fishermens Association has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Rivers Conservation Trust Damariscotta, ME | $13,906,618 | $2,629,526 |
Maine Coast Fishermens Association Brunswick, ME | $1,658,455 | $1,744,192 |
Squam Lakes Association Holderness, NH | $9,739,864 | $1,722,976 |
Friends Of Casco Bay South Portland, ME | $2,926,094 | $1,343,610 |
Maine Rivers Yarmouth, ME | $267,446 | $665,121 |
Shallow River Properties Inc Washington St Conway, NH | $6,580,048 | $1,463,552 |
Midcoast Conservancy Edgecomb, ME | $14,271,594 | $1,144,535 |
Frenchman Bay Conservancy Hancock, ME | $6,160,152 | $1,838,771 |
Benevolent & Protective Order Of Elks Of The Usa Waterville, ME | $1,353,098 | $773,107 |
Squam Lakes Conservation Society Holderness, NH | $16,070,606 | $3,812,851 |
Lake Stewards Of Maine Auburn, ME | $737,517 | $581,322 |
Friends Of Cobbossee Watershed District East Winthrop, ME | $161,905 | $439,874 |