Viii Northeast Fishery Sector Inc is located in New Bedford, MA. The organization was established in 2012. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viii Northeast Fishery Sector Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Viii Northeast Fishery Sector Inc generated $43.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $63.1k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
A FISHING COOPERATIVE TO ALLOCATE ALLOWABLE CATCH OF MULTISPECIES ON AN ANNUAL BASIS IN ORDER TO ENHANCE AND MAINTAIN COMMERCIAL FISHERIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Mccann President | 3 | $0 | |
Cassie Canastra Treasurer | 2 | $0 | |
Carlos Alberto Director | 1 | $0 | |
Pedro Pelicas Assistant Clerk | 1 | $0 | |
Willis E Blount Clerk | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $43,893 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $43,893 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $46,016 |
Professional fees and other payments to independent contractors | $885 |
Occupancy, rent, utilities, and maintenance | $6,604 |
Printing, publications, postage, and shipping | $58 |
Other expenses | $9,528 |
Total expenses | $63,091 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,757 |
Other assets | $0 |
Total assets | $6,659 |
Total liabilities | $52,952 |
Net assets or fund balances | -$46,293 |
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V Northeast Fishery Sector Inc North Kingstown, RI | $15,419 | $0 |
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Xi Northeast Fishery Sector Inc Portsmouth, NH | $365,735 | $0 |
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Vi Northeast Fishery Sector Inc Boston, MA | $3,646 | $0 |
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