Overview
What is North American Marine Alliance Inc?
North American Marine Alliance Inc, based in Gloucester, Massachusetts, is a nonprofit organization aiming to safeguard marine ecosystems and coastal fishing communities. By fostering close relationships with local fishermen, crew, fishworkers, and allies, they develop effective policies and marketing strategies that protect marine resources while educating the public about the marine environment. With a team of eight dedicated individuals, their mission is to create a broad movement towards healthy fisheries and sustainable fishing communities. They work tirelessly to promote policies that benefit both the marine environment and the people who depend on it.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
North American Marine Alliance Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization has achieved a remarkable score of 90% in its accountability and finance metrics, indicating a well-managed operation that prioritizes transparency and effective use of resources.
One of the standout strengths of North American Marine Alliance Inc is its governance structure, with an impressive 88% of its board members being independent. This ensures that decisions are made with minimal conflicts of interest, further bolstered by comprehensive policies such as conflict of interest, whistleblower, and document retention policies. The organization also demonstrates effective audit practices, as evidenced by a dedicated Audit and Oversight Committee.
While the organization performs well in its financial metrics, a noted area for improvement is its liabilities to assets ratio, which stands at 54.73%. Although this is not alarming, it suggests that there may be room for enhancing financial stability. Overall, North American Marine Alliance Inc stands out for its accountability and strong program expense ratio of 84.23%, which indicates that the majority of funds are directed towards its mission-driven activities.
This AI summary has been generated from information found on Charity Navigator.
Is North American Marine Alliance Inc legitimate?
North American Marine Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North American Marine Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of North American Marine Alliance Inc?
The North American Marine Alliance (NAMA) is a fishermen-led organization striving to foster a broad movement for the betterment of fisheries and fishing communities. NAMA aims to establish strong, trusting relationships with community-based fishermen, crew, fishworkers, and allies, with the objective of formulating effective policies and marketing strategies. The ultimate goal is to protect the marine ecosystem and coastal fishing communities, while educating the public about the marine environment and the role of fishermen in safeguarding marine resources.
Who is the CEO of North American Marine Alliance Inc?
Niaz Dorry is the Director of North American Marine Alliance Inc.
What is the revenue of North American Marine Alliance Inc?
North American Marine Alliance Inc's revenue in 2022 was $699,402.
Who are the executives of North American Marine Alliance Inc and what are their salaries?
There are 8 employees and 12 volunteers at North American Marine Alliance Inc.
Here are 9 key members and their salaries:
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- Compensation: $95,732
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- Compensation: $10,000
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Where can I find the form 990 for North American Marine Alliance Inc?
North American Marine Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North American Marine Alliance Inc
The North American Marine Alliance (NAMA) is a fishermen-led organization dedicated to fostering a broad movement towards the preservation of healthy fisheries and coastal fishing communities. By cultivating deep, trusting relationships with community-based fishermen, crew, fishworkers, and allies, NAMA works to create effective policy and marketing strategies that safeguard the marine ecosystem and the livelihoods of those who depend on it.
In essence, NAMA's mission revolves around enhancing the processes by which stakeholders in North America can implement new policies and marketing strategies that protect marine resources while educating the public about the marine environment and the vital role of fishermen in its preservation. By doing so, NAMA aims to empower fishermen and their communities to make a lasting impact on the health of our oceans and the sustainability of their own livelihoods.
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Impact
July, 2024
North American Marine Alliance Inc, a fishermen-led organization based in Gloucester, MA, is actively working to enhance the process by which fishermen and other stakeholders in North America can implement new policies and marketing strategies that protect the marine ecosystem and coastal fishing communities. By building deep and trusting relationships with community-based fishermen, crew, fishworkers, and allies, NAMA is playing a crucial role in creating effective policy and market strategies that promote healthy fisheries and fishing communities.
Through their efforts, North American Marine Alliance Inc is not only safeguarding marine resources but also educating the public about the marine environment and the vital role of fishermen in protecting these resources. Their impact extends beyond conservation to include the empowerment of fishing communities and the promotion of sustainable practices in the industry.
Overall, North American Marine Alliance Inc is making a significant impact by advocating for policies that support the marine ecosystem, engaging with stakeholders to implement change, and raising awareness about the importance of preserving our marine resources for future generations.
This information is meant to be a general summary of North American Marine Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $284
- Gross Receipts: $699,402
Assets and Liabilities:
- Total Assets: $600,938
- Total Liabilities: $328,898
- Net Assets: $272,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF PUBLICATIONS
SPONSORSHIP
REIMBURSED EXPENSES
HONORARIA
Organization Details
Founding Year
1997
Phone
(978) 865-3178Principal Officer
Niaz Dorry
Main Address
222 MAIN STREET STORE FRONT, GLOUCESTER, MA, 01930
NTEE Category
Code: C013 - Environment
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