Marine Stewardship Council Limited
- Assets
- $709.5k
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Tukwila, WA
- Founding
- 01/2001
- Data as of
- 03/2023
- EIN
- 91-2018427
Organization Overview
Marine Stewardship Council Limited is located in Tukwila, WA. The organization was established in 2001. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 03/2023, Marine Stewardship Council Limited employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Stewardship Council Limited 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 03/2023, Marine Stewardship Council Limited generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $5.1m during the year ending 03/2023. While expenses have increased by 7.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO USE OUR ECOLABEL/FISHERY CERTIFICATION PROGRAM TO CONTRIBUTE TO OCEANIC HEALTH BY RECOGNIZING AND REWARDING SUSTAINABLE FISHING PRACTICES, INFLUENCING THE CHOICES PEOPLE MAKE BUYING SEAFOOD, AND WORKING WITH PARTNERS TO TRANSFORM THE SEAFOOD MARKET TO A SUSTAINABLE BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS - ENGAGING, INVOLVING, AND EDUCATING PEOPLE FROM A VARIETY OF SECTORS AND INTERESTS ABOUT THE IMPORTANCE OF SUSTAINABLE FISHERIES AND SUSTAINABLE SEAFOOD AND HELPING TO BUILD SUPPORT AMONGST VARIOUS SECTORS FOR MSC-CERTIFIED SUSTAINABLE SEAFOOD.
FISHERIES OUTREACH - TO WORK WITH FISHERIES AROUND THE AMERICAS INTERESTED IN BECOMING CERTIFIED TO THE MSC STANDARD FOR SUSTAINABILITY. PROVIDE INFORMATION, TECHNICAL AND ADMINISTRATIVE ASSISTANCE TO THOSE INTERESTED FISHERIES AND HELP THEM TO ENGAGE IN THE MSC PROGRAM.
COMMERCIAL OUTREACH - WORKING WITH VARIOUS ELEMENTS OF THE SEAFOOD SUPPLY CHAIN TO HELP THEM BECOME CHAIN OF CUSTODY CERTIFIED SO THAT THEY CAN BUY AND SELL MSC-CERTIFIED SUSTAINABLE SEAFOOD, AND PROMOTE SUSTAINABLE FISHING PRACTICES IN THAT WAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika M Feller Regional Dir | Officer | 40 | $173,663 |
Beth Polidoro Research Director | 40 | $154,325 | |
Natalie R Hunter Sup Chain Inn Head | 40 | $148,319 | |
Daniel K Averill Snr Fisheries Mgr | 40 | $107,319 | |
Nicole Condon Us Program Dir | 40 | $107,180 | |
Jack Crouch Mktg Dev Mgr-East | 40 | $101,824 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cristian Vallejos Consulting | 3/30/23 | $146,614 |
Schroderhaus Llc Consulting/mktg/event | 3/30/23 | $100,852 |
Rodrigo Polanco Consulting | 3/30/23 | $101,114 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,340,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,383,644 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | $5,383,648 |
| 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. | $176,696 |
| Compensation of current officers, directors, key employees. | $10,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,847,960 |
| Pension plan accruals and contributions | $87,459 |
| Other employee benefits | $188,239 |
| Payroll taxes | $202,078 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $240 |
| Information technology | $57,938 |
| Royalties | $0 |
| Occupancy | $253,120 |
| Travel | $417,766 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,321 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,242 |
| Insurance | $15,645 |
| All other expenses | $35,620 |
| Total functional expenses | $5,106,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,229 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $560 |
| 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 | $15,458 |
| Net Land, buildings, and equipment | $13,237 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $709,484 |
| Accounts payable and accrued expenses | $260,409 |
| 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 | $260,409 |
| Net assets without donor restrictions | $449,075 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $709,484 |