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Bering Sea Arbitration Organization

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202613320 ✦ Lind, WA ✦ Designated as a 501(c)(6)

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Overview

What is Bering Sea Arbitration Organization?

The Bering Sea Arbitration Organization, situated in Lind, Washington, serves as a business promotion entity. Last year, they reported a total revenue of $143,664. Although the description does not provide specifics on their mission or activities, it's clear that their primary focus is promoting business interests in the region. As a nonprofit organization, they contribute to their community in a unique way, likely through networking events, advocacy, or other business-related initiatives.

Is Bering Sea Arbitration Organization legitimate?

Bering Sea Arbitration Organization is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bering Sea Arbitration Organization submitted a form 990EZ, 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.

What is the mission statement of Bering Sea Arbitration Organization?

The Bering Sea Arbitration Organization, despite not explicitly providing a mission statement, can be inferred to promote business activities, as indicated by its description as a business promotion organization. However, the organization's specific goals or objectives beyond revenue generation remain unclear from the provided information.

Who is the CEO of Bering Sea Arbitration Organization?

Erling Jacobsen is the Executive Director of Bering Sea Arbitration Organization.

What is the revenue of Bering Sea Arbitration Organization?

Bering Sea Arbitration Organization's revenue in 2022 was $140,228.

Who are the executives of Bering Sea Arbitration Organization and what are their salaries?


Here are 14 key members and their salaries:


Gary Stewart (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Erling Jacobsen (Executive Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Sigmund Ingebretsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Goad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenny Herzog (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Siri Dammerell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Einar Sorvik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Capri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikolai Siverstol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jorgensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretar Gudmundson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bering Sea Arbitration Organization?

Bering Sea Arbitration Organization's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Bering Sea Arbitration Organization

The Bering Sea Arbitration Organization, a business promotion entity, does not explicitly state a mission or activity description in the provided information. However, based on its classification as a business promotion organization, it can be inferred that its primary purpose is to foster business growth and development, potentially through arbitration or mediation services. The organization's income of $143,664 last year suggests some level of operational activity and success in its field. However, without additional context or information, a comprehensive understanding of its mission or activities remains unclear.

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Impact




October, 2024

The Bering Sea Arbitration Organization has a significant impact on business promotion and community development in Lind, WA. By generating a total revenue of $143,664 last year, it actively supports local enterprises and initiatives, contributing to economic growth in the region. Its efforts in business promotion not only foster entrepreneurship but also enhance community improvement, creating a robust environment conducive to investment and collaboration among local businesses. This organization plays a crucial role in strengthening the economic foundation of Lind, thereby benefiting the residents and the wider community.




This information is meant to be a general summary of Bering Sea Arbitration Organization. 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.

Revenue
$140,228 (2022)
Expenses
$87,031 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $140,228

Assets and Liabilities:

  • Total Assets: $378,058
  • Total Liabilities: $0
  • Net Assets: $378,058

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Organization Details

Principal Officer

Erling Jacobsen

Main Address

PO Box 280, Lind, WA, 99341

NTEE Category

Code: S41 - Community improvement

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