Sustainable Harvest Sector
- Assets
- $294.8k
- Revenue
- $827.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Somersworth, NH
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-0810365
Organization Overview
Sustainable Harvest Sector is located in Somersworth, NH. The organization was established in 2009. 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. Sustainable Harvest Sector is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Sustainable Harvest Sector generated $827.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $965.0k during the year ending 12/2021. While expenses have increased by 24.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE AND MAINTAIN COMMERCIAL FISHERIES BY PROVIDING INFORMATION AND SUPPORT TO FISHERMEN IN A COOPERATIVE MANNER IN ORDER TO ALLOCATE ALLOWABLE CATCH OF MULTISPECIES ON AN ANNUAL BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ACCURATELY MONITORED AND ALLOCATED CATCH DATA FOR ITS MEMBERSHIP AND THE US GOVERNMENT IN ORDER TO SUSTAIN AND ENHANCE COMMERCIAL FISHERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Patania President | Officer | 2 | $0 |
Maggie Raymond Treasurer | Officer | 1 | $0 |
Bud Fernandes Vice President | Officer | 1 | $0 |
David Osier Jr Director | Trustee | 1 | $0 |
Tory Bramante Director | Trustee | 1 | $0 |
James Odlin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,390 |
| 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 | $18,390 |
| Total Program Service Revenue | $922,087 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$196,160 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,940 |
| 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 | $828,042 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,077 |
| Payroll taxes | $6,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,834 |
| Advertising and promotion | $0 |
| Office expenses | $6,446 |
| Information technology | $1,877 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,810 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,603 |
| All other expenses | $0 |
| Total functional expenses | $965,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,347 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $194,218 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $273 |
| 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 | $294,838 |
| Accounts payable and accrued expenses | $15,557 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,557 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $279,281 |
| Total liabilities and net assets/fund balances | $294,838 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sustainable Harvest Sector has recieved totaling $10,505.
| Awarding Organization | Amount |
|---|---|
Gloucester Fishing Community Preservation Fund Inc Gloucester, MA PURPOSE: GEAR ASSISTANCE TO FISHERY SECTOR | $10,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Electrical Industry Labor Management Cooperation Tr Dorchester, MA | $23,732,752 | $56,768,144 |
Holstein Friesian Association Of America Brattleboro, VT | $42,888,096 | $20,454,102 |
Attleboro Corporate Center Association Inc Attleboro, MA | $92,995 | $6,024,289 |
United Food And Commercial Workers International Union Dedham, MA | $6,169,904 | $6,230,011 |
Essex Agricultural Society Topsfield, MA | $13,692,899 | $6,659,006 |
The Livestock Institute Of Southern New England Westport, MA | $6,774,804 | $2,810,112 |
United Food And Commercial Workers International Union South Easton, MA | $2,558,180 | $2,910,050 |
Migrant Justice Inc Burlington, VT | $979,699 | $2,526,598 |
Bionutrient Food Association Inc Barre, MA | $461,374 | $2,338,948 |
United Food And Commercial Workers International Union Springfield, MA | $1,680,720 | $2,395,476 |
Marshfield Agricultural & Horticultural Society Marshfield, MA | $4,983,993 | $2,503,171 |
Cedar Circle Farm And Education Center Inc East Thetford, VT | $196,699 | $1,622,374 |