Southeastern Fisheries Association Inc
- Assets
- $83.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Panama City, FL
- Founding
- 10/1958
- Data as of
- 06/2024
- EIN
- 59-0685087
Organization Overview
Southeastern Fisheries Association Inc is located in Panama City, FL. The organization was established in 1958. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 06/2024, Southeastern Fisheries Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Fisheries Association 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 06/2024, Southeastern Fisheries Association Inc generated $59.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $115.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
SOUTHEASTERN FISHERIES ASSOCIATION, INC. PROMOTES THE DEVELOPMENT, OPERATION, MAINTENANCE AND GENERAL WELFARE OF THE COMMERCIAL FISHING INDUSTRY IN THE SOUTHEASTERN UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Jarvis Director | 1 | $0 | |
Tony Lombardi Chairman | 1 | $0 | |
Johnny Banyas Director | 1 | $0 | |
Sherri Mccoy Treasurer | 1 | $0 | |
Jeanna Merrifield Secretary | 1 | $0 | |
Pat Barker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,511 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,511 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,210 |
| Professional fees and other payments to independent contractors | $30,155 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,313 |
| Other expenses | $28,893 |
| Total expenses | $115,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,760 |
| Other assets | $0 |
| Total assets | $83,399 |
| Total liabilities | $2,388 |
| Net assets or fund balances | $81,011 |