Kodiak Fisheries Development Association
- Assets
- $378.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kodiak, AK
- Founding
- 09/2010
- Data as of
- 06/2024
- EIN
- 20-3665109
Organization Overview
Kodiak Fisheries Development Association is located in Kodiak, AK. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kodiak Fisheries Development Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2024, Kodiak Fisheries Development Association generated $26.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $21.5k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
ALL EFFORT IS CONDUCTED AS AN ELIGIBLE CRAB COMMUNITY ENTITY PURSUANT TO BERING SEA CRAB RATIONALIZATION PROGRAM AT 50 CFR PART 680.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Whiddon Bd Member | 3 | $0 | |
Stosh Anderson Vice President | 2 | $0 | |
Linda Freed Treasurer/secretary | 4 | $0 | |
Albert T Schmeil President | 2 | $0 | |
Tuck Bonney Bd Member | 1 | $0 | |
Jerry Bongen Bd Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,689 |
| Membership dues | $0 |
| Investment income | $216 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,905 |
| 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 | $21,517 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $21,517 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $378,296 |
| Other assets | $0 |
| Total assets | $378,296 |
| Total liabilities | $0 |
| Net assets or fund balances | $378,296 |