Western Fishboat Owners Assn is located in Sacramento, CA. The organization was established in 1977. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Fishboat Owners Assn is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Western Fishboat Owners Assn generated $25.6k 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 (21.0%) each year. All expenses for the organization totaled $98.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SCIENTIFIC RESEARCH IS CONDUCTED ON TUNA MIGRATING PATTERNS AND FISHING ACTIVITIES IN THE PACIFIC OCEAN TO AID UNITED STATES COMMERCIAL FISHERMEN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clayton Wraith Executive Dir. | 20 | $20,000 | |
Teresa Reeves Sec/treasurer | 5 | $0 | |
Iris Leaver Administrator | 20 | $17,920 | |
Ed Bitner Director | 2 | $0 | |
Mike Brown Director | 2 | $0 | |
Libie Cain Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,208 |
| Membership dues | $15,106 |
| Investment income | $259 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,573 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,734 |
| Professional fees and other payments to independent contractors | $24,825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,573 |
| Other expenses | $29,053 |
| Total expenses | $98,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,371 |
| Other assets | $0 |
| Total assets | $87,371 |
| Total liabilities | $493 |
| Net assets or fund balances | $86,878 |