Overview
What is Maine Coast Community Sector?
Maine Coast Community Sector is a Brunswick, Maine-based nonprofit organization specializing in groundfishing under the Northeast Multi-Species Fishery Management Plan (Ground Fish FMP), Amendment 16, and the regulations implementing the FMP. As a self-selecting cooperative or sector, they have accomplished the goal of optimizing ground fish quotas. The corporation's mission revolves around groundfishing, adhering to the Ground Fish FMP, Amendment 16, and the related regulations.
Is Maine Coast Community Sector legitimate?
Maine Coast Community Sector is a legitimate nonprofit organization registered as a 501(c)(5) entity. Maine Coast Community Sector 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.
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What is the mission statement of Maine Coast Community Sector?
The Maine Coast Community Sector is involved in groundfishing under the Northeast Multi-Species Fishery Management Plan (Ground Fish FMP) and its Amendment 16. They operate as a self-selecting cooperative or sector, adhering to the regulations set forth by the FMP. The corporation's primary focus is on optimizing ground fish quotas under these management plans. Their activities contribute to the sustainable fishing practices outlined in the Northeast Multi-Species Fishery Management Council. The Maine Coast Community Sector remains dedicated to upholding the principles and objectives set forth in the Ground Fish FMP and Amendment 16.
Who is the CEO of Maine Coast Community Sector?
Mary Hudson is the Director of Maine Coast Community Sector.
What is the revenue of Maine Coast Community Sector?
Maine Coast Community Sector's revenue in 2022 was $772,206.
Who are the executives of Maine Coast Community Sector and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Maine Coast Community Sector?
Maine Coast Community Sector's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maine Coast Community Sector
Maine Coast Community Sector, a self-selecting cooperative or sector, is dedicated to groundfishing under the Northeast Multi-Species Fishery Management Plan (Ground Fish FMP), Amendment 16, and the regulations implementing the FMP. The organization's mission is centered around optimizing ground fish quotas through its engagement with these fishery management plans and regulations.
The Maine Coast Community Sector is an active participant in the Ground Fish FMP and Amendment 16, working within the framework of these comprehensive plans to effectively manage ground fish resources. Through its involvement, the organization aims to promote sustainable fishing practices and contribute to the overall health of the ground fish population.
By joining forces with other fishing entities as a self-selecting cooperative or sector, Maine Coast Community Sector leverages its collective efforts to optimize ground fish quotas. This collaborative approach allows the organization to make the most of available resources and work towards the long-term goal of preserving and maintaining ground fish stocks for future generations.
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Impact
October, 2024
The Maine Coast Community Sector plays a crucial role in optimizing groundfish quotas under the Northeast Multi-Species Fishery Management Plan. By participating in a self-selecting cooperative, the sector effectively manages and sustains groundfish resources while adhering to regulatory requirements. This engagement not only helps to protect marine ecosystems but also supports local fishing communities by ensuring a more sustainable and economically viable fishery. The impact of this cooperative approach contributes to the resilience of the fishing industry in Maine, fostering responsible practices that benefit both the environment and local economies.
This information is meant to be a general summary of Maine Coast Community Sector. 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: $770,459
- Gross Receipts: $772,206
Assets and Liabilities:
- Total Assets: $172,963
- Total Liabilities: $0
- Net Assets: $172,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LANDING FEES
Revenue
$40,395
EXTERNAL LEASE INCOME
Revenue
$237,477
ASM FEES
Revenue
$466,775
INTERNAL LEASE INCOME
Revenue
$17,284
ACE FEES
Revenue
$8,320
Organization Details
Founding Year
2010
Principal Officer
Mary Hudson
Main Address
PO BOX 840, BRUNSWICK, ME, 04011
NTEE Category
Code: D33 - Animals
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