Maine Center For Coastal Fisheries
- Assets
- $1.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Stonington, ME
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 27-0069386
Organization Overview
Maine Center For Coastal Fisheries is located in Stonington, ME. The organization was established in 2004. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Maine Center For Coastal Fisheries employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Center For Coastal Fisheries 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, Maine Center For Coastal Fisheries generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SECURE A SUSTAINABLE FUTURE FOR FISHERIES AND FISHING COMMUNITIES IN EASTERN MAINE AND BEYOND.
Describe the Organization's Program Activity:
PUBLIC OUTREACH AND COMMUNICATION INCLUDES THE ORGANIZATION'S OUTREACH TO THE PUBLIC ABOUT A SUSTAINABLE FISHING FUTURE AND TO ENGAGE BROAD SUPPORT WITHIN AND BEYOND EASTERN MAINE FISHING COMMUNITIES. THIS INCLUDES THE ORGANIZATION FISHERIES EDUCATION CENTER AT ITS WATERFRONT HEADQUARTERS, WITH TOUCH TANK, INTERACTIVE WALL, AND VIRTUAL REALITY EXPERIENCE THAT PROVIDES FISHERIES INFORMATION FOR ALL AGES.
ECOSYSTEM CO-MANAGEMENT INCLUDES ALL OF THE ORGANIZATION'S OUTREACH TO FISHERMEN, ITS RIVER HERRING (ALEWIFE) RESTORATION ACTIVITIES AND ALL ITS COLLABORATIVE RESEARCH INCLUDING SENTINEL SURVEY AND OTHER GROUND FISH RESEARCH. IT ALSO INCLUDES THE COMMUNITY OUTREACH, ASSET MAPPING AND DATA MANAGEMENT INVOLVED IN THE COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENT THE ORGANIZATION IS DEVELOPING WITH THE NATIONAL MARINE FISHERIES SERVICE AND THE MAINE DEPT. OF MARINE RESOURCES TO DEVELOP THE RESEARCH FRAMEWORK TO SUPPORT A CO-MANAGED, ECOSYSTEM-BASED FISHERIES MANAGEMENT PILOT IN EASTERN MAINE.
EDUCATION: EASTERN MAINE SKIPPERS PROGRAM IS THE MAJOR EDUCATIONAL PROGRAM OF THE ORGANIZATION. THE ORGANIZATION SERVES AS FISCAL AND ORGANIZATIONAL HOME FOR THE COLLABORATIVE PROGRAM THAT PROVIDES ASPIRING COMMERCIAL FISHERMEN IN EASTERN MAINE HIGH SCHOOLS WITH THE CORE KNOWLEDGE AND SKILLS NEEDED TO BE SUCCESSFUL IN THE 21ST CENTURY, ON THE WATER OR IN OTHER CAREERS. IT PREPARES STUDENTS TO BE EFFECTIVE PARTICIPANTS IN FISHERIES CO-MANAGEMENT ROLES: AS FISHERMEN, SCIENTISTS OR REGULATORS. THE ORGANIZATION'S OTHER EDUCATION PROGRAMS INCLUDE AN ACTIVE INTERNSHIP PROGRAM, AND UNIVERSITY TEACHING AND ADVISING OF MASTERS AND PHD STUDENTS AT THE UNIVERSITY OF MAINE.
SEAFOOD SYSTEMS & ECONOMIC DEVELOPMENT INCLUDES THE ORGANIZATION'S WORK IN SEAFOOD SYSTEMS INCLUDING PARTICIPATION IN THE ALLIANCE FOR MAINE'S MARINE ECONOMY AND SEA MAINE AS WELL AS DEVELOPMENT OF THE GREEN LOBSTER BOAT, A FUEL EFFICIENT TRIMARAN DESIGN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Anderson Executive Director | Officer | 40 | $98,934 |
Walter Kumiega Chair | OfficerTrustee | 1.8 | $0 |
Jane Osborne Vice Chair | OfficerTrustee | 1.2 | $0 |
Charles Rudelitch Treasurer | OfficerTrustee | 1.8 | $0 |
Dave Thomas Secretary | OfficerTrustee | 0.8 | $0 |
James Chesney Past Chair | OfficerTrustee | 1.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $250 |
| Related organizations | $0 |
| Government grants | $206,113 |
| All other contributions, gifts, grants, and similar amounts not included above | $887,960 |
| Noncash contributions included in lines 1a–1f | $24,054 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,094,323 |
| Total Program Service Revenue | $47,183 |
| Investment income | $266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$12,279 |
| Net Gain/Loss on Asset Sales | -$189 |
| Net Income from Fundraising Events | $24,777 |
| Net Income from Gaming Activities | $3,430 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,157,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,775 |
| Grants and other assistance to domestic individuals. | $1,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,772 |
| Compensation of current officers, directors, key employees. | $14,588 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $529,911 |
| Pension plan accruals and contributions | $10,018 |
| Other employee benefits | $118,627 |
| Payroll taxes | $52,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102 |
| Fees for services: Accounting | $25,236 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $710 |
| Fees for services: Other | $34,837 |
| Advertising and promotion | $7,086 |
| Office expenses | $41,878 |
| Information technology | $13,107 |
| Royalties | $0 |
| Occupancy | $53,069 |
| Travel | $5,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,431 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,566 |
| Insurance | $1,342 |
| All other expenses | $0 |
| Total functional expenses | $1,146,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,527 |
| Savings and temporary cash investments | $11,127 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,541 |
| 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 | $9,770 |
| Net Land, buildings, and equipment | $1,203,273 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $102,163 |
| Other assets | $91,473 |
| Total assets | $1,822,874 |
| Accounts payable and accrued expenses | $63,533 |
| 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 | $171,482 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,932 |
| Total liabilities | $240,947 |
| Net assets without donor restrictions | $1,468,753 |
| Net assets with donor restrictions | $113,174 |
| 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 | $1,822,874 |
Grants Awarded
Over the last fiscal year, Maine Center For Coastal Fisheries has awarded $34,275 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TIDAL BAY CONSULTING LLC PURPOSE: Fiscal Sponsorship - Operational Support | $13,275 |
Orono, ME PURPOSE: Fiscal Sponsorship - Operational Support | $10,500 |
Manomet, MA PURPOSE: Fiscal Sponsorship - Operational Support | $10,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maine Center For Coastal Fisheries has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Becton Family Foundation Tr Homosassa, FL PURPOSE: CONTRIBUTION TO GENERAL FUND | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bigelow Laboratory For Ocean Sciences East Boothbay, ME | $62,794,897 | $20,387,195 |
Northeastern Regional Association Of Coastal Ocean Observation Syste Portsmouth, NH | $603,712 | $3,843,145 |
Maine Center For Coastal Fisheries Stonington, ME | $1,822,874 | $1,157,511 |
Gulf Of Maine Lobster Foundation Inc Kennebunk, ME | $142,201 | $438,105 |
Team Adventure Education Foundation Inc Lincolnville, ME | $74 | $0 |