Overview
What is Vii Northeast Fishery Sector Inc?
Vii Northeast Fishery Sector Inc is a New England-based nonprofit organization situated in New Bedford, Massachusetts. Committed to the long-term viability of sustainable fisheries, it functions as a fishing cooperative, distributing the annual allowable catch quota of various fish species among its members. Through this cooperative approach, the sector aims to strengthen and preserve commercial fisheries, ensuring their continued health and success.
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Is Vii Northeast Fishery Sector Inc legitimate?
Vii Northeast Fishery Sector Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Vii Northeast Fishery Sector Inc 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.
Official website here: www.none
What is the mission statement of Vii Northeast Fishery Sector Inc?
The Vii Northeast Fishery Sector Inc focuses on the preservation of sustainable fisheries in the New England region. It functions as a cooperative, managing the annual allocation of catch for various multispecies to bolster and sustain commercial fisheries. The organization's primary objective is to ensure the longevity of these fisheries.
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Who is the CEO of Vii Northeast Fishery Sector Inc?
Lars Vinjerud Ii is the President of Vii Northeast Fishery Sector Inc.
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What is the revenue of Vii Northeast Fishery Sector Inc?
Vii Northeast Fishery Sector Inc's revenue in 2022 was $18,859.
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Who are the executives of Vii Northeast Fishery Sector Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Vii Northeast Fishery Sector Inc
Vii Northeast Fishery Sector Inc, a fishing cooperative based in New England, is dedicated to the survival and sustainability of local fisheries. By allocating the annual allowable catch of multispecies, the organization enhances and maintains commercial fisheries in the region. The mission of Vii Northeast Fishery Sector is twofold: to ensure the longevity of fisheries and to promote their commercial success.
Operating out of New Bedford, MA, Vii Northeast Fishery Sector functions as a critical partner in the fishing industry. Through its cooperative efforts, it aims to secure the future of New England's fisheries, providing a sustainable source of income for local fishermen and the fishing industry as a whole. The cooperative approach allows for a more equitable distribution of catch quotas, ensuring a balanced and responsible approach to fisheries management. In turn, this leads to a more robust and resilient fishing industry that is better adapted to the challenges of preserving sustainable fisheries in the face of environmental and market pressures.
Moreover, Vii Northeast Fishery Sector's commitment to sustainability goes beyond just the allocation of catch quotas. It involves a comprehensive approach to fisheries management, with a focus on responsible and sustainable fishing practices. By working together as a cooperative, members of Vii Northeast Fishery Sector can share best practices, innovations, and resources, enabling them to adapt to changing market conditions and environmental challenges. This collaborative spirit not only benefits individual fishermen but also contributes to the long-term health and viability of New England's fisheries.
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Impact
October, 2024
Vii Northeast Fishery Sector Inc plays a vital role in promoting sustainable fishing practices in New England. By operating as a cooperative, it effectively allocates the allowable catch of multiple fish species annually, ensuring that commercial fisheries can thrive while adhering to sustainable methods. This cooperative model not only supports the local fishing industry in New Bedford, MA, but also helps maintain the balance of marine ecosystems, contributing to the long-term viability of fish populations. Through its efforts, Vii Northeast Fishery Sector Inc helps ensure that both the economic needs of the fishing community and environmental concerns are addressed, ultimately fostering a healthier marine environment.
This information is meant to be a general summary of Vii Northeast Fishery Sector 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.
- Program Service Revenue: $18,859
- Gross Receipts: $18,859
Assets and Liabilities:
- Total Assets: $6,973
- Total Liabilities: $10,342
- Net Assets: -$3,369
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Organization Details
Phone
(508) 992-3334Principal Officer
Lars Vinjerud Ii
Main Address
C/O 24 CENTRE STREET, NEW BEDFORD, MA, 02740
Website
www.noneNTEE Category
Code: D33 - Animals
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