Morro Bay Commercial Fishermans Organization Inc is located in Morro Bay, CA. The organization was established in 1974. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morro Bay Commercial Fishermans Organization Inc 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, Morro Bay Commercial Fishermans Organization Inc generated $46.8k 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 (7.7%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Hafer President | 4 | $0 | |
Alan Alward Secretary | 4 | $0 | |
Wayne Moody Tresurer | 4 | $0 | |
Jeremiah Obrien Vice President | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,738 |
Total Program Service Revenue | $32,030 |
Membership dues | $4,390 |
Investment income | $640 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $46,798 |
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 | $3,650 |
Occupancy, rent, utilities, and maintenance | $6,973 |
Printing, publications, postage, and shipping | $234 |
Other expenses | $37,830 |
Total expenses | $48,687 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $94,671 |
Other assets | $0 |
Total assets | $108,423 |
Total liabilities | $0 |
Net assets or fund balances | $108,423 |
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