New England Regional Fishery Management Council
- Assets
- $1.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Newburyport, MA
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 04-2607425
Organization Overview
New England Regional Fishery Management Council is located in Newburyport, MA. The organization was established in 1986. According to its NTEE Classification (D02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Animal-Related and related organizations. As of 12/2021, New England Regional Fishery Management Council employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Regional Fishery Management Council 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 12/2021, New England Regional Fishery Management Council generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEFMC IS TO CONSERVE AND MANAGE FISHERY RESOURCES WITHIN THE 200-MILE U.S. EXCLUSIVE ECONOMIC ZONE (EEZ). THIS IS DONE WITH APPROVAL AND IMPLEMENTATION BY THE SECRETARY OF COMMERCE WHO HAS STEWARDSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEFMC WAS CREATED BY THE MAGNUSON FISHERY ACT OF 1976. THE PURPOSE OF THE ORGANIZATION IS TO PREPARE AND MONITOR FISHERY MANAGEMENT PLANS WITH RESPECT TO EACH FISHERY IN ITS GEOGRAPHICAL AREA OF AUTHORITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Nies Executive Director | Officer | 40 | $181,021 |
Christopher Kellogg Deputy Director | Officer | 40 | $164,658 |
Andrew Applegate Senior Fishery Analyst | 40 | $143,190 | |
Deidre Boelke Fishery Analyst | 40 | $139,244 | |
Louis Goodreau Management Information Specialist And Enforcement | 40 | $131,011 | |
Margaret Bernier Administrative Officer | 40 | $116,383 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,054,851 |
| 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 | $4,054,851 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $4,054,851 |
| 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. | $740,406 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,720,105 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $721,668 |
| Payroll taxes | $148,848 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $124,572 |
| Travel | $1,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,722 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $25,394 |
| Total functional expenses | $4,100,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,318,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,318,657 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $1,318,657 |
| 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 | $1,318,657 |
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The James Beard Foundation Inc New York, NY | $7,570,117 | $18,186,794 |
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Farm Sanctuary Inc Watkins Glen, NY | $35,338,754 | $16,472,338 |
Golden Eagle Foundation Albany, NY | $0 | $427,452 |
Svf Foundation Newport, RI | $0 | -$14,778 |
Brandywine Valley Society For The Prevention Of Cruelty To Animals West Chester, PA | $17,620,936 | $15,995,612 |
Bideawee Inc New York, NY | $39,270,395 | $10,745,956 |
Gulf Of Maine Research Institute Portland, ME | $29,423,293 | $13,047,979 |
Animal Rescue League Of Boston Dedham, MA | $118,637,027 | $11,759,529 |
Pennsylvania Society For The Prevention Of Cruelty To Animals Philadelphia, PA | $29,455,638 | $10,535,955 |