Overview
What is Kbo Crab Cooperative?
Kbo Crab Cooperative is a nonprofit organization situated in Edmonds, Washington, primarily focused on the agricultural sector, specifically in managing collective fishing quotas. The organization collects membership dues to cover the expenses associated with this allocation process. This cooperative is dedicated to ensuring fair distribution of fishing rights among its members.
Is Kbo Crab Cooperative legitimate?
Kbo Crab Cooperative is a legitimate nonprofit organization registered as a 501(c)(5) entity. Kbo Crab Cooperative 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
For more financial information, click here
What is the mission statement of Kbo Crab Cooperative?
Kbo Crab Cooperative, being an agriculture nonprofit, collects dues to manage the allocation of collective fishing quotas, covering associated expenses. The organization's primary goal is to facilitate fair and efficient distribution of fishing rights among its members. By ensuring the equitable distribution of these quotas, the cooperative aims to sustain the long-term viability of the fishing industry for its members. Additionally, the collected dues are utilized to cover operational costs and administrative expenses related to the allocation process. Overall, Kbo Crab Cooperative's mission is to support its members in maintaining a stable and profitable fishing business through effective quota management.
Who is the CEO of Kbo Crab Cooperative?
Craig Lowenberg is the President of Kbo Crab Cooperative.
What is the revenue of Kbo Crab Cooperative?
Kbo Crab Cooperative's revenue in 2021 was $98,003.
Who are the executives of Kbo Crab Cooperative and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kbo Crab Cooperative?
Kbo Crab Cooperative's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Kbo Crab Cooperative
Kbo Crab Cooperative, a nonprofit organization based in agriculture, is dedicated to managing collective fishing quotas. The primary objective of this cooperative is to collect dues to cover the associated expenses related to this allocation process. By doing so, Kbo Crab Cooperative ensures that its operations run smoothly and efficiently, enabling its members to engage in their fishing activities without undue financial burdens. The cooperative serves as a collective entity, pooling resources and responsibilities to facilitate a collaborative approach to fishing quotas, thereby benefiting its members as a whole.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Kbo Crab Cooperative plays a vital role in the fishing industry by managing collective fishing quotas, which enables sustainable fishing practices and supports local economies. By collecting dues to cover expenses related to quota allocation, the cooperative ensures that its members can effectively navigate regulations, maintain fair access to resources, and optimize their catches. This structured approach fosters a sense of community among fishers in Edmonds, WA, helping to safeguard livelihoods while promoting responsible stewardship of marine resources. Ultimately, Kbo Crab Cooperative contributes to the sustainability of the fishing sector, ensuring that seafood can continue to be a reliable food source for future generations.
This information is meant to be a general summary of Kbo Crab Cooperative. 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 2021.
- Program Service Revenue: $98,003
- Gross Receipts: $98,003
Assets and Liabilities:
- Total Assets: $6,295,626
- Total Liabilities: $6,203,000
- Net Assets: $92,626
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS AND ACT
Revenue
$33,597,996
MEMBERSHIP DUES
Revenue
$98,003
LESS DIRECT EXPENSES
Revenue
-$33,597,996
Organization Details
Founding Year
2005
Phone
(425) 444-6816Principal Officer
Craig Lowenberg
Main Address
18211 85TH PL W, EDMONDS, WA, 98026
NTEE Category
Code: K20 - Food
If you are a representative of Kbo Crab Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.