Xi Northeast Fishery Sector Inc
- Assets
- $365.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Portsmouth, NH
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 27-0249654
Organization Overview
Xi Northeast Fishery Sector Inc is located in Portsmouth, NH. 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. As of 12/2021, Xi Northeast Fishery Sector Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xi 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 12/2021, Xi Northeast Fishery Sector Inc generated $64.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $98.7k during the year ending 12/2021. 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
MANAGEMENT OF FISHERY SECTOR TO ENABLE LOCAL COMMERCIAL FISHERMENADDITIONAL METHODS TO BE ABLE TO SELL THEIR PRODUCT DUE TO FEDERALRESTRICTIONS WHICH LIMIT THE POUNDS LANDED AND TERRITORIES FISHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Hayward President/treasurer/director | 2 | $0 | |
Fanel Dobre Vice President | 0.13 | $0 | |
Joe Bills Clerk/director | 0.13 | $0 | |
Kurt Lang Director | 0.13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,546 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,014 |
| Professional fees and other payments to independent contractors | $1,075 |
| Occupancy, rent, utilities, and maintenance | $7,677 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,957 |
| Total expenses | $98,723 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,810 |
| Other assets | $0 |
| Total assets | $365,735 |
| Total liabilities | $514,852 |
| Net assets or fund balances | -$149,117 |
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|---|---|---|
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Downeast Institute For Applied Marine Research And Education Inc Beals Island, ME | $5,216,598 | $1,513,596 |
Downeast Salmon Federation Columbia Falls, ME | $5,533,442 | $1,959,727 |
Maine Coast Community Sector Brunswick, ME | $132,348 | $516,875 |
Marthas Vineyard Shellfish Group Inc Oak Bluffs, MA | $929,310 | $430,103 |
Project Share Cherryfield, ME | $54,884 | $393,999 |
Wellfleet Shellfish Promotion And Tasting Inc Wellfleet, MA | $747,160 | $362,675 |
Gb Cod Fixed Gear Sector Inc Chatham, MA | $95,032 | $163,851 |
Ii Northeast Fishery Sector Inc Gloucester, MA | $580,837 | $192,893 |
Xi Northeast Fishery Sector Inc Portsmouth, NH | $365,735 | $0 |
Gloucester Fishermans Wives Development Programs Inc Gloucester, MA | $131,915 | $0 |
Vi Northeast Fishery Sector Inc Boston, MA | $3,646 | $0 |