Cordova District Fishermen United Cdfu
- Assets
- $379.0k
- Revenue
- $229.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Cordova, AK
- Founding
- 08/1972
- Data as of
- 12/2021
- EIN
- 92-0006605
Organization Overview
Cordova District Fishermen United Cdfu is located in Cordova, AK. The organization was established in 1972. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Cordova District Fishermen United Cdfu employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Cordova District Fishermen United Cdfu is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Cordova District Fishermen United Cdfu generated $229.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $209.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) 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
CORDOVA DISTRICT FISHERMAN UNITED (CDFU) IS A NON-PROFIT ORGANIZATION DEDICATED TO PRESERVING, PROMOTING AND PERPETUATING THE COMMERCIAL FISHERY IN AREA E.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALYESKA OIL SPILL RESPONSE : TRAINING AND MAINTAINING READINESS FOR A FISHERMEN OIL SPILL RESPONSE FLEET IN PRINCE WILLIAM SOUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hayley Hoover Treasurer | OfficerTrustee | 1 | $0 |
Michael Mickelson 2nd Vice Pres. | OfficerTrustee | 2 | $0 |
Ezekiel Brown Vice President | OfficerTrustee | 2 | $0 |
Gerald Mccune President & CEO | OfficerTrustee | 4 | $0 |
Marc Carrel Director | Trustee | 0 | $0 |
Darin Gilman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $46,640 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,096 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,586 |
| Total Program Service Revenue | $126,096 |
| Investment income | $21,301 |
| 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 | -$154 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $229,877 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,000 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,308 |
| Fees for services: Lobbying | $10,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,880 |
| Travel | $11 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | -$370 |
| All other expenses | $11,347 |
| Total functional expenses | $209,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,354 |
| Savings and temporary cash investments | $125,768 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $766 |
| 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 | $190,141 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $379,029 |
| Accounts payable and accrued expenses | $2,621 |
| 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 | $2,621 |
| Net assets without donor restrictions | $376,408 |
| 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 | $379,029 |
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