National Fisheries Institute Inc

Organization Overview

National Fisheries Institute Inc is located in Reston, VA. The organization was established in 1946. 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, National Fisheries Institute Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Fisheries Institute Inc 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 12/2022, National Fisheries Institute Inc generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE OBJECTIVE OF THE INSTITUTE IS TO ASSURE A CONTINUOUS GROWING CONSUMPTION OF FISH AND SEAFOOD PRODUCTS IN THE UNITED STATES IN ORDER TO CONTRIBUTE TO THE OVERALL FOOD REQUIREMENTS AND NUTRITIONAL NEEDS OF THE POPULATION AND TO ENHANCE THE WELFARE OF THE INDUSTRY,THUS PROVIDING EMPLOYMENT AND INVESTMENT OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPECIAL PROJECTS ARE CONDUCTED TO PROVIDE INFORMATIONAL AND TECHNICAL MATERIAL TO MEMBERS ON NEW GOVERNMENT REGULATIONS THAT AFFECT THEM


COMMUNICATION PROJECTS DELIVER POSITIVE MESSAGE ABOUT THE SAFETY OF SEAFOOD AND ITS NUTRITIONAL VALUE AND HEALTH BENEFITS


NFI SPONSORS CONVENTIONS AND MEETINGS TO PROVIDE A FORUM FOR INDUSTRY MEMBERS TO EXCHANGE INFORMATION ON NEW REGULATIONS AND TECHNICAL DEVELOPMENTS IN THE SEAFOOD INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
John Connelly
Past President
$684,035
Robert A Dehaan
Chief Counsel&executive Vice Presid
$299,160
Gavin Gibbons
Chief Strategy Officer
$205,896
Judith Dashiell
Chief Operating Officer
$199,824
Lisa Weddig
Chief Food Safety Officer
$195,096
Kedrin Simms Brachman
$147,816

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sterling Martin Associates
Consulting
$116,123
The Butin Group
Consulting
$226,594
Counterpoint Strategies
Public Relations
$354,997
Holland & Knight Llp
Legal Services
$168,000
Mcginty & Co Llc
Accounting Services
$99,673
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$4,686,649
Investment income -$57,335
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 $4,946,724

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