Bering Sea Crab Cooperative
- Assets
- $78.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carson, WA
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-3468991
Organization Overview
Bering Sea Crab Cooperative is located in Carson, WA. The organization was established in 2007. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bering Sea Crab Cooperative is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Bering Sea Crab Cooperative generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $75.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE BERING SEA CRAB COOPERATIVE (TBSCC) REQUIRES MEMBERS TO REPORT THEIR CATCH ON A CONTEMPORANEOUS BASIS. TBSCC MONITORS THE MEMBERS' CATCH TO DETERMINE THAT THE CATCH COMPLIES WITH THE COOPERATIVE IFQ PERMIT. TBSCC ASSISTS MEMBERS WITH COMPLYING WITH THEIR INDIVIDUAL IFQ COMPLIANCE ISSUES.THIS BENEFITS THE MEMBERS BY HAVING TBSCC PROCESS THE PAPERWORK FOR COMPLIANCE. THE NMFS ALSO BENEFITS BECAUSE TBSCC MONITORS COMPLIANCE WHICH REDUCES THE NMFS'S PAPERWORK AND COMPLIANCE EFFORTS.TBSCC MONITORS TRANSFERS OF QUOTA SHARES AMONG MEMBERS. THIS BENEFITS MEMBERS AND THE NMFS IN THAT TBSCC IS ABLE TO PROVIDE CURRENT MEMBERSHIP AND IFQ OWNERSHIP DATA.TBSCC COMPUTES AND DISTRIBUTES FUNDS TO MEMBERS, SO THAT EACH MEMBER RECEIVES THE SAME AMOUNT PER POUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Heuker President | 5 | $0 | |
Sig Hansen Director | 1 | $0 | |
Gary Painter Secretary/treas | 5 | $0 | |
Gretar Gudmundsson Director | 1 | $0 | |
Jay Bowlden Vice President | 1 | $0 | |
Nathan Stone Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,296 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,323 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $74,083 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $55 |
| Other expenses | $1,198 |
| Total expenses | $75,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,919 |
| Other assets | $0 |
| Total assets | $78,705 |
| Total liabilities | $15,676 |
| Net assets or fund balances | $63,029 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pear Bureau Northwest Milwaukie, OR | $2,202,999 | $9,582,470 |
United Food And Commercial Workers International Union Spokane, WA | $0 | $609,927 |
Farmers Conservation Alliance Hood River, OR | $3,544,797 | $8,335,346 |
Washington State Farm Bureau Federation Lacey, WA | $17,445,683 | $6,263,578 |
Idaho Farm Bureau Federation Inc Pocatello, ID | $16,974,633 | $6,412,454 |
Northwest Cooperation Fund Seattle, WA | $3,264,175 | $3,049,985 |
Northwest Nursery Improvement Institute Prosser, WA | $3,977,612 | $4,369,575 |
Oregon Farm Bureau Federation Salem, OR | $12,315,558 | $4,280,303 |
A Greener World Terrebonne, OR | $1,206,900 | $2,548,722 |
International Brotherhood Of Teamsters Salem, OR | $2,869,401 | $1,780,894 |
Northwest Washington Fair Foundation Lynden, WA | $344,800 | $1,193,999 |
Sammamish Uniserv Council Bellevue, WA | $1,371,592 | $1,258,093 |