Gulf Of Mexico Reef Fish Shareholders Alliance is located in Galveston, TX. The organization was established in 2009. 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. Gulf Of Mexico Reef Fish Shareholders Alliance 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 04/2021, Gulf Of Mexico Reef Fish Shareholders Alliance generated $167.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $121.8k during the year ending 04/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 6 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
UNIFY AND STRENGTHEN THE REEF FISH INDUSTRY TO ACHIEVE SUSTAINABILITY AND ACCOUNTABILITY USING INDIVIDUAL FISHING QUOTAS TO MANAGE THE CATCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Cochrane President | 15 | $0 | |
Jason Delacruz Vice President | 15 | $0 | |
Steve Tomeny Treasurer | 15 | $0 | |
Glen Brooks Board Member | 15 | $0 | |
Aaron Mays Board Member | 15 | $0 | |
Buddy Guindon Exec. Director | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $104,799 |
Total Program Service Revenue | $0 |
Membership dues | $62,268 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $167,067 |
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 | $88,185 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,450 |
Other expenses | $31,186 |
Total expenses | $121,821 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $286,287 |
Other assets | $0 |
Total assets | $286,287 |
Total liabilities | $0 |
Net assets or fund balances | $286,287 |
Over the last fiscal year, we have identified 1 grants that Gulf Of Mexico Reef Fish Shareholders Alliance has recieved totaling $418,000.
Awarding Organization | Amount |
---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT WORK EDUCATING COMMERCIAL FISHERMEN ABOUT THE IMPORTANCE OF CATCH SHARES AND SCIENCE-BASED CLIMATE-RESILIENT FISHERIES. | $418,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |