Overview
What is Alaska Sustainable Fisheries Trust?
The Alaska Sustainable Fisheries Trust is a nonprofit organization dedicated to safeguarding Alaska's fishing communities and marine resources. By establishing a fisheries conservation network, they aim to promote sustainable fishing practices and marketing. Their mission is to bolster the health of these communities and the marine ecosystem by investing in and fostering responsible fishing methods. This network is designed to provide long-term benefits for both the people and the environment, ensuring the continued sustainability of Alaska's valuable fishing resources.
Official website here: www.alaskatrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star Rating from Charity Navigator
The Alaska Sustainable Fisheries Trust has achieved a notable Four-Star rating from Charity Navigator, reflecting its high standards of accountability and financial management. The organization scored 93% overall, with a perfect score in areas that assess the independence and size of its board, as well as the integrity of its financial statements and policies. This strong performance indicates a commitment to transparency and effective governance.
Strengths of the organization include its majority-independent board, which ensures that decisions are made without conflicts of interest. The trust has implemented robust financial oversight measures, evidenced by its perfect scores in audit and oversight and policies related to whistleblowing and document retention. Additionally, a remarkable program expense ratio of 97.64% suggests that the vast majority of its funds are directed towards its mission-driven programs rather than administrative costs.
However, while the organization performs well in accountability, it has a liabilities to assets ratio of 54.31%, which may warrant monitoring in terms of financial health. Overall, the Alaska Sustainable Fisheries Trust demonstrates strong governance practices and financial responsibility, positioning it as a reliable choice for donors looking to support sustainable fisheries initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Alaska Sustainable Fisheries Trust legitimate?
Alaska Sustainable Fisheries Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Sustainable Fisheries Trust 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: $19,400
For more financial information, click here
Official website here: www.alaskatrust.org
What is the mission statement of Alaska Sustainable Fisheries Trust?
The Alaska Sustainable Fisheries Trust works towards establishing a fisheries conservation network, aimed at bolstering the well-being of fishing communities and marine resources. This is achieved by investing in sustainable fishing practices and marketing, with the ultimate goal of preserving and enhancing the health of Alaska's fishing ecosystems.
Official website here: www.alaskatrust.org
Who is the CEO of Alaska Sustainable Fisheries Trust?
Linda Behnken is the President of Alaska Sustainable Fisheries Trust.
Official website here: www.alaskatrust.org
What is the revenue of Alaska Sustainable Fisheries Trust?
Alaska Sustainable Fisheries Trust's revenue in 2022 was $1,091,418.
Official website here: www.alaskatrust.org
Who are the executives of Alaska Sustainable Fisheries Trust and what are their salaries?
The average compensation at Alaska Sustainable Fisheries Trust during 2022 was $19,400. There is 1 employee at Alaska Sustainable Fisheries Trust.
Here are 6 key members and their salaries:
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Official website here: www.alaskatrust.org
Where can I find the form 990 for Alaska Sustainable Fisheries Trust?
Alaska Sustainable Fisheries Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alaskatrust.org
Learn more at the official website: www.alaskatrust.org
Mission Statement of Alaska Sustainable Fisheries Trust
The Alaska Sustainable Fisheries Trust, a nonprofit organization, is dedicated to establishing a fisheries conservation network. This network is designed to enhance the well-being of fishing communities across Alaska and preserve marine resources. By investing in sustainable fishing methods and marketing, the Trust aims to bolster the health of Alaskan fishing communities and the marine ecosystem. In essence, the Alaska Sustainable Fisheries Trust is committed to fostering a sustainable future for Alaska's fishing industry and its marine resources.
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Impact
June, 2024
Alaska Sustainable Fisheries Trust's impact lies in the creation of a fisheries conservation network aimed at strengthening the health of Alaska fishing communities and marine resources. Through their focus on investing in sustainable harvesting practices and marketing, the organization works to ensure the long-term sustainability of Alaska's fisheries industry. Their efforts contribute to the preservation of marine ecosystems and the economic viability of fishing communities in the region.
This information is meant to be a general summary of Alaska Sustainable Fisheries Trust. 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: $373
- Program Service Revenue: $133,265
- Gross Receipts: $1,091,418
Assets and Liabilities:
- Total Assets: $3,263,949
- Total Liabilities: $1,772,810
- Net Assets: $1,491,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT LOAN INTEREST
Revenue
$75,738
FISHING QUOTA LEASE INCOME
Revenue
$57,527
Organization Details
Founding Year
2009
Principal Officer
Linda Behnken
Main Address
PO BOX 2106, SITKA, AK, 99835
Website
www.alaskatrust.orgNTEE Category
Code: C30 - Environment
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