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Global Seafood Assurances Inc

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

EIN: 825387827 ✦ Portsmouth, NH ✦ Designated as a 501(c)(6)

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Overview

What is Global Seafood Assurances Inc?

Global Seafood Assurances Inc was established to address the growing need for assurances in aquaculture and fisheries, focusing on environmental responsibility, social responsibility, food safety, and animal welfare. Based in Portsmouth, New Hampshire, this nonprofit organization aimed to provide credible assurances to the marketplace that wild-catch seafood was responsibly and sustainably harvested. They achieved this by aligning with benchmarked third-party certification programs, such as the Global Sustainable Seafood Initiative, Global Food Safety Initiative, and Global Social Compliance Programme. Although the organization ceased operations in 2021, its mission and activities were transferred to its affiliated entity, Global Seafood Alliance, Inc.


Official website here: www.aquaculturealliance.org

Is Global Seafood Assurances Inc legitimate?

Global Seafood Assurances Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Global Seafood Assurances Inc 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: $24,808

For more financial information, click here


Official website here: www.aquaculturealliance.org

What is the mission statement of Global Seafood Assurances Inc?

Global Seafood Assurances Inc's mission was to offer reliable guarantees that wild-catch seafood was harvested in a responsible and sustainable manner. This entailed providing assurances across the entire supply chain, encompassing sustainability, social responsibility, food safety, and animal health and welfare. The organization aimed to meet marketplace expectations for such assurances, utilizing third-party certification programs benchmarked by organizations such as the Global Sustainable Seafood Initiative, Global Food Safety Initiative, and Global Social Compliance Programme. In 2021, Global Seafood Assurances Inc. ceased operations and transferred its assets and activities to Global Seafood Alliance, Inc., an affiliated entity.


Official website here: www.aquaculturealliance.org

What is the revenue of Global Seafood Assurances Inc?

Global Seafood Assurances Inc's revenue in 2021 was $40,504.


Official website here: www.aquaculturealliance.org

Who are the executives of Global Seafood Assurances Inc and what are their salaries?

Here are 7 key members and their salaries:


Marcus Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horace Dawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ally Dingwall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Siggs (Director)
  • Compensation: $0
  • Related: $104,185
  • Other: $0
Wally Stevens (President & Executive Dire)
  • Compensation: $0
  • Related: $200,000
  • Other: $4,000
William Herzig (Vice President)
  • Compensation: $0
  • Related: $77,000
  • Other: $0
William Clark (Treasurer/Secretary)
  • Compensation: $0
  • Related: $172,475
  • Other: $32,742


Official website here: www.aquaculturealliance.org

Where can I find the form 990 for Global Seafood Assurances Inc?

Global Seafood Assurances Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.aquaculturealliance.org

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

Mission Statement of Global Seafood Assurances Inc

Global Seafood Assurances Inc, as a mission-driven organization, aims to provide reliable guarantees that wild-catch seafood is harvested in a responsible and sustainable manner. Their primary objective is to assure the marketplace that seafood, from its source to the end consumer, is obtained through environmentally friendly, socially responsible, food-safe, and animal-welfare-focused practices. This comprehensive assurance encompasses the entire supply chain, ensuring sustainability, ethical labor standards, food safety, and animal well-being. GSA achieved this by aligning with recognized third-party certification programs, such as the Global Sustainable Seafood Initiative, Global Food Safety Initiative, and Global Social Compliance Programme, which have been benchmarked to establish a unified standard for assurance. In 2021, Global Seafood Assurances Inc ceased operations and transferred all its assets and activities to Global Seafood Alliance, Inc., an affiliated entity, to continue its mission of ensuring sustainable and responsible practices in the seafood industry.

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Impact




October, 2024

Global Seafood Assurances Inc. has significantly impacted the seafood industry by providing credible assurances that wild-catch seafood is responsibly and sustainably harvested. Established to align with market demands, GSA implemented third-party certification programs benchmarked by noted organizations, including the Global Sustainable Seafood Initiative (GSSI) and Global Food Safety Initiative (GFSI). This initiative ensured that consumers and businesses could trust that their seafood was sourced in a manner that prioritized environmental responsibility, social responsibility, food safety, and animal welfare.

By facilitating these comprehensive assurances, GSA not only boosted consumer confidence but also encouraged sustainable fishing practices among suppliers. Their efforts contributed to raising industry standards and promoting accountability throughout the seafood supply chain. Additionally, the organization's integration into the Global Seafood Alliance, Inc. ensures that these essential objectives continue to be addressed, ultimately fostering a healthier marine ecosystem and equitable practices within seafood production.




This information is meant to be a general summary of Global Seafood Assurances Inc. 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
$40,504 (2021)
Expenses
$112,540 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $22,109
  • Gross Receipts: $40,504

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Fisheries Audit Fees
0

Revenue

$22,109

Organization Details

Founding Year

2019

Principal Officer

Wallace Stevens

NTEE Category

Code: S41 - Community improvement

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