Garden State Seafood Association

Organization Overview

Garden State Seafood Association is located in Cape May, NJ. The organization was established in 2000. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Garden State Seafood Association 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, Garden State Seafood Association generated $65.3k 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 (15.5%) each year. All expenses for the organization totaled $54.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE INTEREST OF THE COMMERCIAL FISHING INDUSTRY THROUGH EDUCATION & COMMUNICATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTINUED EDUCATION, COMMUNICATION, AND ADVOCACY TO ASSURE THAT NEW JERSEY MARINE RESOURCES ARE MANAGED RESPONSIBLY


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Reichle
President
$0
Joseph Branin
Secretary/treasurer
$0
Ernie Panacek
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$65,265
Investment income $17
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $0
Miscellaneous Revenue$0
Total Revenue $65,282

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