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East Farm Commercial Fisheries

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

EIN: 352227114 ✦ Wakefield, RI ✦ Designated as a 501(c)(5)

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Overview

What is East Farm Commercial Fisheries?

East Farm Commercial Fisheries is a small-scale nonprofit organization, specifically a fisheries representative, situated in Wakefield, Rhode Island. With only three employees, it serves as a unified voice for a diverse commercial fishery, advocating for common concerns within the industry. The organization's mission is to act as a representative for the Bay State Wind/ORSTED US Project, ensuring that all perspectives within the commercial fishery are considered. By doing so, East Farm Commercial Fisheries contributes to maintaining balance and fairness in the fisheries sector, thereby supporting the ongoing sustainability of the industry.

Is East Farm Commercial Fisheries legitimate?

East Farm Commercial Fisheries is a legitimate nonprofit organization registered as a 501(c)(5) entity. East Farm Commercial Fisheries 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: $92,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,305

For more financial information, click here

What is the mission statement of East Farm Commercial Fisheries?

East Farm Commercial Fisheries' mission statement is centered around representing a unified voice from a diverse fishery, focusing on issues that are of common concern to the commercial fishing community. In essence, the organization acts as a mediator, advocating for the interests of various fisheries to ensure their collective concerns are addressed effectively. Moreover, East Farm Commercial Fisheries also serves as a fisheries representative for specific projects, such as the Bay State Wind/ORSTED US project.

Who is the CEO of East Farm Commercial Fisheries?

Fred Mattera is the Treasurer/Pres of East Farm Commercial Fisheries.

What is the revenue of East Farm Commercial Fisheries?

East Farm Commercial Fisheries's revenue in 2022 was $706,212.

Who are the executives of East Farm Commercial Fisheries and what are their salaries?

The average compensation at East Farm Commercial Fisheries during 2022 was $51,935. There are 3 employees at East Farm Commercial Fisheries.


Here are 5 key members and their salaries:


Michael Marchetti (Treasurer/Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Mataronas (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Thibeault (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Bellavance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Mattera (Executive Director)
  • Compensation: $92,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for East Farm Commercial Fisheries?

East Farm Commercial Fisheries's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of East Farm Commercial Fisheries

East Farm Commercial Fisheries, as an organization, is committed to serving as a unified voice for a diverse commercial fishing community, advocating for issues of common concern. Their mission is to act as a representative for the commercial fishery in various matters, ensuring that the interests and concerns of this diverse group are heard and addressed effectively. By doing so, East Farm Commercial Fisheries aims to contribute positively to the overall well-being and sustainability of the commercial fishing industry. In addition, the organization has been tasked with representing the Bay State Wind/ORSTED US project in fisheries-related matters, further showcasing their dedication to advocating for the needs of the commercial fishing community.

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Impact




October, 2024

East Farm Commercial Fisheries plays a crucial role in the fishing industry by advocating for the interests of a diverse range of commercial fisheries. By representing a unified voice, it addresses common concerns that affect the fishing community, ensuring that their needs and perspectives are considered in broader discussions, particularly regarding projects like the Bay State Wind/Orsted US initiative.

This organization enhances collaboration among fishery stakeholders, fostering an environment where shared goals can be pursued effectively. Their work impacts not only the commercial fishery sector but also contributes to the sustainability of local food systems and economic stability in the region. The focus on a collective approach helps to amplify the voice of fishermen, ensuring that their rights and livelihoods are safeguarded amidst changing industry dynamics.




This information is meant to be a general summary of East Farm Commercial Fisheries. 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
$706,212 (2022)
Expenses
$462,377 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,068
  • Program Service Revenue: $222,348
  • Gross Receipts: $706,212

Assets and Liabilities:

  • Total Assets: $340,914
  • Total Liabilities: $0
  • Net Assets: $340,914

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FISHERIES REPRESENTATIVE

Revenue

$105,000

APPRENTICESHIP AND OTHER PROGRAMS

Revenue

$117,348

Organization Details

Founding Year

2003

Principal Officer

Fred Mattera

Main Address

PO BOX 5161, WAKEFIELD, RI, 02880

NTEE Category

Code: K20 - Food

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