Xi Northeast Fishery Sector Inc
- Assets
- $342.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Portsmouth, NH
- Founding
- 06/2012
- Data as of
- 12/2022
- 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 12/2022, 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 12/2022, Xi Northeast Fishery Sector Inc generated $65.9k 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 $88.8k during the year ending 12/2022. 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
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 | $5,448 |
| Total Program Service Revenue | $60,350 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,899 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,264 |
| Professional fees and other payments to independent contractors | $2,654 |
| Occupancy, rent, utilities, and maintenance | $6,629 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,220 |
| Total expenses | $88,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $211,463 |
| Other assets | $0 |
| Total assets | $342,855 |
| Total liabilities | $514,840 |
| Net assets or fund balances | -$171,985 |