Seafood Products Association
- Assets
- $2.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Seattle, WA
- Founding
- 04/2007
- Data as of
- 12/2022
- EIN
- 20-8459653
Organization Overview
Seafood Products Association is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Seafood Products Association employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seafood Products Association 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, Seafood Products Association generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 0.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE PUBLIC POLICY, INCREASE PRODUCTIVITY AND GROWTH, AND PROTECT THE FOOD SUPPLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SEAFOOD PRODUCTS ASSOCIATION (SPA) IS LOCATED IN SEATTLE, WA. SPA STAFF PROVIDE SEAFOOD PROCESSORS WITH TECHNICAL AND REGULATORY CONSULTATION AND ANALYTICAL TESTING SERVICES THAT PROVIDE MEMBERS WITH FOOD SAFETY, REGULATORY COMPLIANCE, AND QUALITY PROGRAMS THAT MEET OR EXCEED CUSTOMER REQUIREMENTS AND EXPECTATIONS IN BOTH DOMESTIC AND GLOBAL MARKETS. AS FOOD SAFETY AUTHORITIES, SPA PROVIDES TRAINING AND OTHER CONSULTATION FOR FOOD PROCESSORS TO ASSIST IN THE DEVELOPMENT, REVIEW, AND IMPLEMENTATION OF HAZARD ANALYSIS CRITICAL CONTROL POINTS (HACCP) AND OTHER PREVENTATIVE PROGRAMS TO ENSURE THE SAFETY AND COMPLIANCE OF MEMBER PRODUCTS. RECOGNIZED AS A PROCESS AUTHORITY BY STATE, FEDERAL AND INTERNATIONAL REGULATORS AND FOOD SAFETY AUTHORITIES, THE SPA PROVIDES TECHNICAL AND SCIENTIFIC ASSISTANCE TO OUR MEMBER PROCESSORS IN THE AREAS OF THERMAL PROCESSING AND COMPLIANCE WITH LOW-ACID CANNED FOOD AND OTHER PROCESSED FOOD REGULATIONS.THE SPA ALSO ADMINISTERS THE UNIQUE COOPERATIVE EFFORT BETWEEN FDA AND SALMON PROCESSORS WHO ARE COMMITTED TO MAINTAINING SAFETY AND WHOLESOMENESS OF CANNED SALMON: THE SALMON CONTROL PLAN. UNDER THE SALMON CONTROL PLAN, THE SPA PROVIDES ORGANOLEPTIC EXAMINATION OF SEAFOOD PRODUCTS AND ITS STAFF IS RECOGNIZED AROUND THE WORLD IN DETERMINING THE WHOLESOMENESS AND SAFETY OF SEAFOOD.OUR STAFF ALSO PROVIDES TRAINING TO INDIVIDUALS IN SEAFOOD PROCESSING COMPANIES WHO HANDLE THE SAMPLES USED FOR TESTING AS WELL AS PROVIDING SEAFOOD EXAMINATION SERVICES FOR BOTH REGULATORY COMPLIANCE AND DOMESTIC AND FOREIGN MARKETING PURPOSES.SPA ADDRESSES TRAINING NEEDS OF OUR MEMBERS BY UTILIZING STAFF AND OUTSIDE EXPERTS TO PROVIDE THE EDUCATIONAL OPPORTUNITIES NECESSARY FOR IMPROVING WORKFORCE KNOWLEDGE AND EFFECTIVENESS. WE BELIEVE WELL-TARGETED AND APPLICABLE TRAINING BENEFITS MEMBER COMPANIES, THEIR EMPLOYEES, AND MOST OF ALL, CUSTOMERS AND CONSUMERS OF MEMBER FOOD PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudia G Coles President | OfficerTrustee | 38 | $163,135 |
Lenna Southland Administrative Director | OfficerTrustee | 38 | $102,073 |
John Hanrahan Chair, Treasurer | OfficerTrustee | 0.25 | $0 |
Hart Schwarzenbach Director | Trustee | 0.25 | $0 |
Alnoor Hirji Director | Trustee | 0.25 | $0 |
Jason Martin Director | Trustee | 0.25 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,570,173 |
| Investment income | $3,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $385 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,573,947 |
| 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. | $350,275 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $653,794 |
| Pension plan accruals and contributions | $46,046 |
| Other employee benefits | $122,679 |
| Payroll taxes | $78,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,625 |
| Fees for services: Accounting | $17,339 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,328 |
| Fees for services: Other | $7,020 |
| Advertising and promotion | $4,715 |
| Office expenses | $69,889 |
| Information technology | $9,311 |
| Royalties | $0 |
| Occupancy | $70,434 |
| Travel | $29,090 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,918 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,374 |
| Insurance | $12,809 |
| All other expenses | $0 |
| Total functional expenses | $1,564,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,246 |
| Savings and temporary cash investments | $87,565 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,130 |
| 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 | $15,056 |
| Net Land, buildings, and equipment | $1,857,940 |
| Investments—publicly traded securities | $121,914 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,913 |
| Total assets | $2,155,764 |
| Accounts payable and accrued expenses | $128,757 |
| 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 | $24,519 |
| Total liabilities | $153,276 |
| Net assets without donor restrictions | $2,002,488 |
| 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 | $2,155,764 |