Overview
What is Maine Coast Fishermens Assn?
The Maine Coast Fishermen's Association is a nonprofit organization based in Brunswick, ME. Their primary focus is on providing advice for sustainable fishing, ensuring the responsible management of marine resources. Beyond this, they act as a recreational and sports professional society and association, likely lending their expertise to various aspects of the fishing industry. Their mission encompasses monitoring fishing activities to promote sustainability and foster a healthy marine ecosystem.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Maine Coast Fishermen's Association received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization boasts a perfect score for culture and community, highlighting its strong engagement and responsiveness to member needs, its financial health raises concerns. The program expense ratio is notably low, which suggests that a smaller portion of its budget is directed towards its primary mission activities.
The organization benefits from a fully independent board with a strong governance structure, reflected in its high scores for board independence and oversight committee practices. However, the lack of a whistleblower policy and missing documentation on records retention are significant gaps that could impact its operational integrity. Additionally, the liabilities to assets ratio indicates potential financial vulnerabilities that must be addressed.
On a positive note, the Maine Coast Fishermen's Association has demonstrated effective feedback collection and usage, indicating that it values input from its stakeholders. The organization has also shown adaptability in response to challenges such as COVID-19, which speaks to its commitment to maintaining relevance and supporting its community. Overall, while the organization has strengths in governance and community engagement, critical areas in financial management need attention for improved overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Coast Fishermens Assn legitimate?
Maine Coast Fishermens Assn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Coast Fishermens Assn 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: $91,672
Professional Fundraising Fees: $50,000
Other Salaries and Wages: $156,964
For more financial information, click here
What is the mission statement of Maine Coast Fishermens Assn?
The Maine Coast Fishermen's Association functions as an advisory body for sustainable fishing practices. They monitor fishing activities for the purpose of fostering sustainability, acting as a professional association for recreation and sports fishermen. The organization's mission is geared towards promoting responsible fishing and maintaining the health of marine ecosystems. They serve as a knowledge resource and advocate for sustainable fishing, striving to ensure the continuity of fishing as a recreational and sports activity.
Who is the CEO of Maine Coast Fishermens Assn?
Lee Walker Director is the Treasurer of Maine Coast Fishermens Assn.
What is the revenue of Maine Coast Fishermens Assn?
Maine Coast Fishermens Assn's revenue in 2022 was $1,661,037.
Who are the executives of Maine Coast Fishermens Assn and what are their salaries?
The average compensation at Maine Coast Fishermens Assn during 2022 was $49,727. There are 5 employees at Maine Coast Fishermens Assn.
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Where can I find the form 990 for Maine Coast Fishermens Assn?
Maine Coast Fishermens Assn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maine Coast Fishermens Assn
The Maine Coast Fishermen's Association, a professional society and association, is dedicated to the advocacy of sustainable fishing. This non-profit organization plays a pivotal role in monitoring and guiding fishing practices for the preservation of marine resources. Located in Brunswick, Maine, the association functions as a champion for responsible fishing methods, promoting the interests of recreational and sports fishermen alike. The mission of the Maine Coast Fishermen's Association is to ensure the long-term sustainability of fishing, thereby securing a future for the sport and the marine ecosystem.
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Impact
June, 2024
Maine Coast Fishermens Association's impact lies in its crucial role in advising on sustainable fishing practices and monitoring fishing activities for sustainable purposes. By providing expert guidance and oversight, this association contributes significantly to the conservation and preservation of marine ecosystems. Through its work, the Maine Coast Fishermens Association helps to ensure the long-term viability of fisheries in the region, promoting a balanced approach that benefits both the environment and the communities that rely on fishing activities for their livelihoods.
This information is meant to be a general summary of Maine Coast Fishermens Assn. 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: $9,351
- Gross Receipts: $1,743,803
Assets and Liabilities:
- Total Assets: $1,900,914
- Total Liabilities: $259,154
- Net Assets: $1,641,760
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Organization Details
Founding Year
2011
Principal Officer
Lee Walker Director
Main Address
93 PLEASANT ST, BRUNSWICK, ME, 04011
NTEE Category
Code: C32 - Environment
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