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North Atlantic Salmon Fund

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

EIN: 311477594 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is North Atlantic Salmon Fund?

The North Atlantic Salmon Fund is a nonprofit organization dedicated to conserving and restoring wild Atlantic salmon populations throughout the North Atlantic region. Based in Jacksonville, Florida, the Fund supports conservation efforts by granting funds to organizations headquartered in Iceland, sharing a common mission to preserve these valuable fish species. Through its initiatives, the North Atlantic Salmon Fund contributes to various activities aimed at protecting and rebuilding wild Atlantic salmon populations in the North Atlantic area.


Official website here: www.northatlanticsalmonfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 76% - Three-Star out of Four Star rating

The North Atlantic Salmon Fund has received a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and finance metrics. The organization boasts a perfect score for its independent board composition and for not having any material diversion of assets. This indicates a strong commitment to ethical governance and financial responsibility.

However, the fund does face some limitations, notably in the areas of governance policies. It currently lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could be seen as weaknesses in its governance framework. The absence of these policies might raise concerns regarding transparency and accountability in certain situations.

Despite these gaps, the fund demonstrates impressive financial health, with a program expense ratio of 98.37%, indicating that the vast majority of its resources are directed toward its mission. Overall, while there are areas for improvement, the North Atlantic Salmon Fund shows a commendable commitment to its cause and sound financial practices.


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

Is North Atlantic Salmon Fund legitimate?

North Atlantic Salmon Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Atlantic Salmon Fund 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


Official website here: www.northatlanticsalmonfund.org

What is the mission statement of North Atlantic Salmon Fund?

The North Atlantic Salmon Fund is dedicated to the conservation and restoration of wild Atlantic salmon populations throughout their range in the North Atlantic region. To further this mission, the organization provides grants to like-minded conservation organizations, headquartered in various locations, with the shared goal of preserving wild Atlantic salmon and engaging in activities that promote this objective. By supporting these organizations, the North Atlantic Salmon Fund contributes to the collective effort to protect and revitalize these vital fish populations.


Official website here: www.northatlanticsalmonfund.org

Who is the CEO of North Atlantic Salmon Fund?

Chad Pike is the Chairman/Treasurer of North Atlantic Salmon Fund.


Official website here: www.northatlanticsalmonfund.org

What is the revenue of North Atlantic Salmon Fund?

North Atlantic Salmon Fund's revenue in 2022 was $339,503.


Official website here: www.northatlanticsalmonfund.org

Who are the executives of North Atlantic Salmon Fund and what are their salaries?

There 4 volunteers at North Atlantic Salmon Fund.


Here are 4 key members and their salaries:


Chad Pike (Chairman/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Goodman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ashton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kateryna Rakowsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northatlanticsalmonfund.org

Where can I find the form 990 for North Atlantic Salmon Fund?

North Atlantic Salmon Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.northatlanticsalmonfund.org

Learn more at the official website: www.northatlanticsalmonfund.org

Mission Statement of North Atlantic Salmon Fund

The North Atlantic Salmon Fund is a dedicated organization with a mission to conserve and restore populations of wild Atlantic salmon throughout the North Atlantic region. In pursuance of this objective, the Fund makes grants to conservation organizations headquartered in various countries, all of which share the common goal of preserving wild Atlantic salmon and engage in activities that further this mission.

The North Atlantic Salmon Fund's primary focus is on the conservation and restoration of wild Atlantic salmon populations in their natural range in the North Atlantic region. Through strategic grants to like-minded organizations, the Fund aims to make a significant impact on the survival and growth of these vital fish populations. By collaborating with these groups, the North Atlantic Salmon Fund amplifies its reach and influence, ultimately enhancing the overall efforts to preserve these valuable aquatic resources.

In summary, the North Atlantic Salmon Fund is an essential player in the global conservation movement, dedicated to preserving and restoring wild Atlantic salmon populations throughout their North Atlantic habitat. Through its grant-making initiatives, the Fund supports organizations that share its mission and contribute to the same objective, ensuring a sustainable and thriving future for these cherished fish and the ecosystems they inhabit.

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Impact




October, 2024

The North Atlantic Salmon Fund has a significant impact on the conservation and restoration of wild Atlantic salmon populations throughout the North Atlantic region. By providing grants to conservation organizations in Iceland, the fund supports initiatives that align with the mission of preserving wild Atlantic salmon and promoting sustainable practices. This collaborative approach enhances efforts to ensure healthy ecosystems and the longevity of salmon populations, addressing threats to their survival and fostering community engagement in conservation. The fund’s focus on strategic partnerships amplifies its effectiveness in restoring salmon habitats and advocating for policies that protect these vital fish species.




This information is meant to be a general summary of North Atlantic Salmon Fund. 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
$339,503 (2022)
Expenses
$251,987 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,838
  • Gross Receipts: $339,503

Assets and Liabilities:

  • Total Assets: $1,481,293
  • Total Liabilities: $0
  • Net Assets: $1,481,293

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Organization Details

Founding Year

1996

Principal Officer

Chad Pike

Main Address

221 NORTH HOGAN STREET 403, JACKSONVILLE, FL, 32202

NTEE Category

Code: D123 - Animals

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