Maine Lobstermens Alliance
- Assets
- $264.3k
- Revenue
- $377.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Kennebunk, ME
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 27-3801268
Organization Overview
Maine Lobstermens Alliance is located in Kennebunk, ME. The organization was established in 2013. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Lobstermens Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Maine Lobstermens Alliance generated $377.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $149.7k during the year ending 12/2023. While expenses have increased by 5.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MLCA'S MISSION IS TO FOSTER THRIVING COASTAL COMMUNITIES AND PRESERVE MAINE'S LOBSTERING HERITAGE. MLCA IS A 501(C)(3) NON-PROFIT ORGANIZATION WHICH ACHIEVES ITS CHARITABLE MISSION THROUGH PROGRAMS IN EDUCATION, RESEARCH AND CHARITY.
Describe the Organization's Program Activity:
PRESERVE MAINE'S LOBSTERING HERITAGETHE MLCA WORKS TO PRESERVE MAINE'S LOBSTERING HERITAGE THROUGH THE PUBLICATION OF A MONTHLY NEWSPAPER, LANDINGS. MLCA EDUCATES THE PUBLIC AND LOBSTER INDUSTRY STAKEHOLDERS ABOUT THE UNIQUE CHARACTERISTICS OF MAINE'S LOBSTERING TRADITIONS, ITS HISTORY AND HERITAGE, ONGOING RESEARCH TO MAINTAIN THE SUSTAINABILITY OF THE RESOURCE, AND ITS NON-HARMFUL AND NON-WASTEFUL COMMERCIAL FISHING PRACTICES. THIS PUBLICATION IS DISTRIBUTED TO MORE THAN 6,500 INDIVIDUALS, BUSINESSES AND GOVERNMENT ORGANIZATIONS WHO CARE ABOUT PRESERVING MAINE'S LOBSTER INDUSTRY AND COASTAL COMMUNITIES. THE PUBLICATION AND ARCHIVED SEARCHABLE CONTENT ARE AVAILABLE AT MLCALLIANCE.ORG.SUPPORT LOBSTERING COMMUNITIESTHE MLCA COLLABORATES WITH OTHER NON-PROFIT ORGANIZATIONS AND FISHING ORGANIZATIONS DEDICATED TO SUPPORTING SUSTAINABLE FISHERIES, VIBRANT COMMUNITIES, AND PRESERVING FISHING OPPORTUNITIES FOR FUTURE GENERATIONS. THE MLCA ATTENDS MEETINGS AND ENGAGES WITH STAKEHOLDERS IN SUPPORT OF MAINE'S WORKING WATERFRONT, SCIENTIFIC RESEARCH TO SUSTAIN THE MAINE LOBSTER INDUSTRY'S STRONG STEWARDSHIP PRACTICES, AND EXPLORES OPPORTUNITIES TO IDENTIFY FISHING PRACTICES THAT MINIMIZE POTENTIAL HARM TO MARINE MAMMALS AND SUPPORT A HEALTHY LOBSTER FISHERY. RELIEF FUNDTHE MLCA RELIEF FUND SUPPORTS DISTRESSED COMMERCIAL LOBSTERMEN AND THEIR FAMILIES. THE RELIEF FUND ACCEPTS PUBLIC CONTRIBUTIONS USED TO SUPPORT LOBSTERING FAMILIES THROUGHOUT MAINE IN TIMES OF NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elliott Thomas Secretary/treasurer | Officer | 1 | $0 |
Bill Brennan Board Member | Officer | 1 | $0 |
Amy Lent Board Member | Officer | 1 | $0 |
Jim Dow Vice-Chairman | Officer | 1 | $0 |
Amber-Jeam Nickel President | Officer | 1 | $0 |
Kristan Porter Chairman | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $276,659 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,659 |
| Total Program Service Revenue | $100,617 |
| Investment income | $76 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $377,352 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,069 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50 |
| Office expenses | $18 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,905 |
| Travel | $615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $3,300 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $910 |
| All other expenses | $17,266 |
| Total functional expenses | $149,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,069 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,270 |
| 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 | $0 |
| 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 | $264,339 |
| Accounts payable and accrued expenses | $13,228 |
| 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 | $13,228 |
| 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 | $251,111 |
| Total liabilities and net assets/fund balances | $264,339 |