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Yakutat Regional Aquaculture Assn

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 275373505 ✦ Juneau, AK ✦ Designated as a 501(c)(3)

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Overview

What is Yakutat Regional Aquaculture Assn?

The Yakutat Regional Aquaculture Association is a Juneau, Alaska-based nonprofit dedicated to the preservation and promotion of aquaculture in Yakutat, Alaska. As a member of the animal-related professional societies and associations category, the organization focuses on this specific industry. Its mission is to maintain and foster the growth of aquaculture in the region. The association is an essential player in the sector, with a commitment to its continued development in Yakutat, Alaska.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Yakutat Regional Aquaculture Association has received a two-star rating from Charity Navigator, with an overall score of 73%. The organization demonstrates strong governance in several areas, such as having a fully independent board and no material diversion of assets. Additionally, it has a perfect program expense ratio, indicating that all funds raised are being utilized for its intended programs.

However, the organization faces significant shortcomings in its accountability and transparency practices. It lacks essential policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are critical for maintaining trust and operational integrity. Furthermore, the absence of key tax documents on its website raises concerns about transparency to the public.

While the organization exhibits strengths in financial management, the missing policies and documentation could hinder its credibility and effectiveness. Addressing these issues may enhance its rating and improve stakeholder confidence moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Yakutat Regional Aquaculture Assn legitimate?

Yakutat Regional Aquaculture Assn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yakutat Regional Aquaculture Assn 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 Yakutat Regional Aquaculture Assn?

The Yakutat Regional Aquaculture Association is dedicated to preserving aquiculture in Yakutat, Alaska. As a professional organization, it focuses on promoting this sector with a mission that ensures its continuity. The Association falls under the umbrella of animal-related societies and associations. In pursuing its objectives, it strives to maintain the growth and sustainability of aquaculture in the region. By preserving aquaculture, the Association aims to contribute positively to the local economy and the community. Its efforts not only encourage sustainable practices in the sector but also help protect the marine environment. The organization is instrumental in fostering knowledge, resources, and collaboration among stakeholders to maximize the potential of aquiculture in Yakutat, Alaska.

Who is the CEO of Yakutat Regional Aquaculture Assn?

Larry Bemis is the President of Yakutat Regional Aquaculture Assn.

What is the revenue of Yakutat Regional Aquaculture Assn?

Yakutat Regional Aquaculture Assn's revenue in 2022 was $1,734.

Who are the executives of Yakutat Regional Aquaculture Assn and what are their salaries?


Here are 2 key members and their salaries:


Larry Bemis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Endicott (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yakutat Regional Aquaculture Assn?

Yakutat Regional Aquaculture Assn's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Yakutat Regional Aquaculture Assn

The Yakutat Regional Aquaculture Association, a dedicated nonprofit organization, is committed to preserving aquiculture in Yakutat, Alaska. With a focus on animal-related professional societies and associations, this organization strives to promote the growth and sustainability of aquaculture in the region. By fostering a mission to preserve aquiculture, the Yakutat Regional Aquaculture Association plays a vital role in contributing to the local economy and ecosystem.

Located in Alaska, the association's work extends beyond the borders of Yakutat, making a significant impact on the aquaculture industry in the area. Through various initiatives and collaborations, the organization is dedicated to ensuring the long-term success and growth of aquiculture in Yakutat. By advocating for the interests of those involved in the industry, the Yakutat Regional Aquaculture Association is a driving force behind the preservation and advancement of aquiculture.

In addition to its advocacy efforts, the association offers resources and support to members of the aquiculture community. By promoting research, education, and networking opportunities, the organization helps to cultivate a thriving and interconnected industry. The Yakutat Regional Aquaculture Association serves as a catalyst for innovation and progress in the field of aquiculture, bolstering the economy and furthering the organization's mission to preserve this essential industry in Yakutat, Alaska.

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Impact




October, 2024

The Yakutat Regional Aquaculture Association plays a vital role in preserving and promoting aquaculture in Yakutat, Alaska. By focusing on sustainable practices, the association contributes to the local economy, supports the fishing industry, and enhances community resilience. Through education and outreach, they foster a greater understanding of aquaculture's benefits, ensuring that both marine life and local livelihoods thrive. Their efforts help maintain the region's rich aquatic biodiversity while providing a stable source of fish for the community, thereby reinforcing the cultural and economic significance of aquaculture in Yakutat.




This information is meant to be a general summary of Yakutat Regional Aquaculture Assn. 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.

Revenue
$1,734 (2022)
Expenses
$1,514 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,734

Assets and Liabilities:

  • Total Assets: $339,486
  • Total Liabilities: $0
  • Net Assets: $339,486

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Organization Details

Principal Officer

Larry Bemis

Main Address

1008 FISH CREEK ROAD, JUNEAU, AK, 99801

NTEE Category

Code: D33 - Animals

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