Overview
What is Alaska Seafood Cooperative?
The Alaska Seafood Cooperative (ASC) is a collaborative organization, primarily consisting of various "freezer trawler" fishing companies, situated in Seattle, Washington. The cooperative's primary objective is to enhance the sustainable management and ecological preservation of flatfish and other non-pollock groundfish species in the Bering Sea. The fisheries under ASC adhere to stringent, science-based regulations, ensuring that catch levels remain within scientific limits, preventing overfishing, and controlling bycatch. ASC is deeply concerned about bycatch, which is the incidental capture of non-target species like halibut and crab. To mitigate this issue, ASC has implemented strict bycatch limits and works closely with fishery managers to maintain sustainable practices. The cooperative has also taken significant steps to improve fishing efficiency, such as enhancing observer coverage aboard vessels and adopting new trawl designs to minimize seafloor impact. ASC has achieved Marine Stewardship Council (MSC) certification, which recognizes its sustainable fisheries. This certification is renewed periodically, and several species have also received MSC certification. Recently, ASC has been refining a deck sorting program under an exempted fishing permit, which has significantly reduced halibut mortality and discard waste. In summary, Alaska Seafood Cooperative is a pioneering organization that promotes sustainable fishing practices, enhances resource utilization, and advocates for responsible marine management.
Official website here: www.alaskaseafoodcooperative.org
Is Alaska Seafood Cooperative legitimate?
Alaska Seafood Cooperative is a legitimate nonprofit organization registered as a 501(c)(5) entity. Alaska Seafood 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: $370,062
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Official website here: www.alaskaseafoodcooperative.org
What is the mission statement of Alaska Seafood Cooperative?
The Alaska Seafood Cooperative was established with the primary objective of promoting and encouraging the sustainable harvest of various fish species, including Bering Sea/Aleutian Islands yellowfin sole, rock sole, flathead sole, Atka mackerel, Pacific cod, Aleutian Islands Pacific Ocean perch, and other groundfish from the BSAI and Gulf of Alaska. The cooperative aims to reduce waste and improve resource utilization in these fisheries. Furthermore, it strives to decrease the discard mortality of non-target species caught during these fisheries. Lastly, the cooperative supports research and public education related to these fisheries to promote understanding and responsible fishing practices.
Official website here: www.alaskaseafoodcooperative.org
What is the revenue of Alaska Seafood Cooperative?
Alaska Seafood Cooperative's revenue in 2023 was $548,457.
Official website here: www.alaskaseafoodcooperative.org
Who are the executives of Alaska Seafood Cooperative and what are their salaries?
The average compensation at Alaska Seafood Cooperative during 2023 was $185,031. There are 2 employees at Alaska Seafood Cooperative.
Here are 10 key members and their salaries:
- Compensation: $218,183
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- Other: $21,676
- Compensation: $151,879
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- Other: $4,530
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Official website here: www.alaskaseafoodcooperative.org
Where can I find the form 990 for Alaska Seafood Cooperative?
Alaska Seafood Cooperative's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alaskaseafoodcooperative.org
Learn more at the official website: www.alaskaseafoodcooperative.org
Mission Statement of Alaska Seafood Cooperative
Alaska Seafood Cooperative, a collective entity, was established with the primary objective of promoting, fostering, and encouraging the sustainable harvest of various fish species in the Bering Sea/Aleutian Islands and the Gulf of Alaska. The cooperative's mission is multifaceted, encompassing the intelligent and orderly harvest of yellowfin sole, rock sole, flathead sole, Atka mackerel, Pacific cod, Aleutian Islands Pacific Ocean perch, and other groundfish from these regions.
One of the key aspects of Alaska Seafood Cooperative's mission is to reduce waste and improve resource utilization in the fisheries it operates in. By employing vessels in these fisheries, the cooperative aims to minimize discard mortality of non-target species. Furthermore, Alaska Seafood Cooperative is committed to supporting research and public education about the fisheries it engages in, contributing to a broader understanding of these marine ecosystems and the species that inhabit them.
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Impact
October, 2024
Alaska Seafood Cooperative (ASC) significantly impacts the management and sustainability of fisheries in the Bering Sea, particularly for flatfish and other non-pollock groundfish species. By bringing together freezer trawler fishing companies, ASC strives to ensure that these fisheries are managed under rigorous, science-based standards that have gained global recognition for their effectiveness. The cooperative has implemented strict regulations that keep catches at or below scientifically established limits, ensuring that fish stocks are not overfished.
A key component of ASC's efforts is the focus on bycatch management. Bycatch, the unintended capture of non-target species, poses a critical challenge to sustainable fishing. ASC collaborates with fishery managers to enforce bycatch limits that, if exceeded, result in the closure of fisheries regardless of remaining quotas. This proactive approach incentivizes member companies to minimize bycatch and responsibly harvest target species.
The introduction of a cooperative management system through Amendment 80 in 2008 marked a significant shift in how groundfish fisheries operate. This system enhances accountability among fishing groups and encourages clean and efficient fishing practices, promoting a balance between catches and bycatch reduction.
Furthermore, ASC has invested in advancing monitoring and reporting practices, including doubling observer coverage on flatfish vessels to improve transparency and compliance. The cooperative has also adopted innovative gear modifications that reduce environmental impact, such as modified trawls that decrease seafloor contact.
Through its commitment to sustainable practices, ASC achieved certification from the Marine Stewardship Council (MSC), validating its fisheries management against rigorous international standards. This certification not only assures consumers of the sustainability of their seafood choices but also promotes continuous improvement within the industry.
More recently, ASC has refined fishing practices through experimental programs like deck sorting, which allows for the efficient release of bycatch species such as halibut. This method significantly reduces the mortality rate of these species, enhancing the overall health of marine ecosystems.
Overall, ASC plays a crucial role in fostering responsible fishing practices, ensuring ecological stewardship, and enhancing the long-term viability of the fisheries in the Bering Sea.
This information is meant to be a general summary of Alaska Seafood 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 2023.
- Program Service Revenue: $548,457
- Gross Receipts: $548,457
Assets and Liabilities:
- Total Assets: $110,895
- Total Liabilities: $1,334
- Net Assets: $109,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$548,457
Organization Details
Founding Year
2007
Principal Officer
Glenn Merrill
NTEE Category
Code: J40 - Employment
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