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American Albacore Fishing Assoc Inc

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

EIN: 870715735 ✦ Bonita, CA ✦ Designated as a 501(c)(6)

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Overview

What is American Albacore Fishing Assoc Inc?

American Albacore Fishing Assoc Inc is a nonprofit organization situated in Bonita, CA, dedicated to representing commercial pole and troll fishing vessels. Its members share a common goal of transforming the tuna industry towards more sustainable and eco-friendly fishing methods. Each member pledges to adhere to the association's mission by selling and marketing tuna, specifically albacore caught through pole and troll techniques, in a responsible manner. The organization also advocates for environmental benefits and the health advantages of tuna consumption through sustainable fishery practices, while promoting education on responsible fishing methods.

Is American Albacore Fishing Assoc Inc legitimate?

American Albacore Fishing Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Albacore Fishing Assoc 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: $106,636

For more financial information, click here

What is the mission statement of American Albacore Fishing Assoc Inc?

The American Albacore Fishing Assoc Inc serves as a representative for commercial pole and troll vessels, advocating for the conversion of the tuna industry towards more selective and environmentally friendly fishing methods. Its members commit to selling, marketing, and distributing albacore tuna caught in the Pacific Ocean, adhering to the organization's rules. The association encourages responsible fishing practices and promotes the health benefits of tuna consumption while emphasizing the environmental advantages of sustainable fishery practices. In essence, American Albacore Fishing Assoc Inc aims to support its members and contribute to the well-being of the environment through responsible tuna fishing.

Who is the CEO of American Albacore Fishing Assoc Inc?

Tim Thomas is the President of American Albacore Fishing Assoc Inc.

What is the revenue of American Albacore Fishing Assoc Inc?

American Albacore Fishing Assoc Inc's revenue in 2022 was $2,241,583.

Who are the executives of American Albacore Fishing Assoc Inc and what are their salaries?

The average compensation at American Albacore Fishing Assoc Inc during 2022 was $53,318. There are 2 employees at American Albacore Fishing Assoc Inc.


Here are 4 key members and their salaries:


Eric Hopfer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Mcvicker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Nish (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Albacore Fishing Assoc Inc?

American Albacore Fishing Assoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Albacore Fishing Assoc Inc

American Albacore Fishing Association, abbreviated as AAFA, is an organization that serves as a representative for commercial pole and troll vessels. The association's primary mission is to advocate for the conversion of the commercial tuna industry towards more selective and eco-friendly fishing methods. Each member of AAFA agrees to adhere to this mission by selling, marketing, and distributing all tuna or albacore catches obtained through pole or troll fishing in the Pacific Ocean, following the organization's guidelines.

Furthermore, AAFA supports the education of responsible fishing methods and promotes the health advantages of consuming tuna, as well as the environmental benefits associated with sustainable fishery practices. The association's objective is to ensure that the commercial tuna industry adheres to environmentally friendly standards, thereby preserving the marine ecosystem for future generations and supporting the long-term sustainability of the tuna fishing industry.

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Impact




October, 2024

American Albacore Fishing Assoc Inc plays a significant role in promoting sustainable fishing practices within the commercial tuna industry. By representing commercial pole and troll vessels, the organization advocates for fishing methods that are both selective and environmentally sensitive, reducing the ecological impact commonly associated with more industrial fishing practices.

Members of the association are committed to marketing and distributing albacore tuna caught through these sustainable methods, fostering a collective approach that emphasizes responsible fishing and its benefits. This commitment not only supports the health of marine ecosystems but also enhances the quality of fish products available to consumers.

Furthermore, American Albacore Fishing Assoc Inc places a strong emphasis on education, helping both industry participants and consumers understand the advantages of sustainable fishing. This includes promoting the health benefits of tuna consumption, as well as raising awareness about the environmental impact of fishing practices. Through its initiatives, the organization ultimately contributes to the improvement of community awareness surrounding sustainable fisheries, thereby supporting both the economy and the environment.




This information is meant to be a general summary of American Albacore Fishing Assoc 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
$2,241,583 (2022)
Expenses
$2,312,853 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $2,083,810
  • Gross Receipts: $2,241,583

Assets and Liabilities:

  • Total Assets: $1,423,564
  • Total Liabilities: $1,651,027
  • Net Assets: -$227,463

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Organization Details

Founding Year

2003

Principal Officer

Tim Thomas

Main Address

4364 Bonita Road 331, Bonita, CA, 91902

NTEE Category

Code: S41 - Community improvement

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