Overview
What is International Pacific Halibut Commission?
The International Pacific Halibut Commission is a nonprofit organization based in Seattle, Washington, dedicated to the fishery management of Pacific halibut. With a workforce of 67 employees, they conduct assessments on the biological movement and abundance of Pacific halibut through their Fishery-Independent Setline Survey Assessment Charters Program. Their mission is to develop and maintain the stocks of Pacific halibut to optimal levels, ensuring the maximum yield from the fishery.
Official website here: www.iphc.int
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
The International Pacific Halibut Commission has received an excellent Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. With an overall score of 94%, the organization demonstrates effective governance practices, including a fully independent board and robust financial oversight mechanisms, which are critical for maintaining trust with stakeholders.
Strengths of the organization include its high scores in areas such as material diversion of assets, fiscal responsibility, and the presence of comprehensive policies regarding conflicts of interest and whistleblowing. These factors collectively contribute to a solid financial health profile, evidenced by a low liabilities to assets ratio and a significant program expense ratio, indicating a focus on its core mission.
While the organization stands out for its governance and financial performance, a minor area for improvement could be enhancing its program expense ratio, which, although strong at 68.47%, leaves room for further optimization in resource allocation towards its mission-driven activities. Overall, the International Pacific Halibut Commission is well-regarded for its operational integrity and commitment to sustainable practices in fisheries management.
This AI summary has been generated from information found on Charity Navigator.
Is International Pacific Halibut Commission legitimate?
International Pacific Halibut Commission is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Pacific Halibut Commission 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: $304,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,715,153
For more financial information, click here
Official website here: www.iphc.int
What is the mission statement of International Pacific Halibut Commission?
The International Pacific Halibut Commission is dedicated to managing the Pacific halibut fishery with a focus on maximizing the yield from the fishery while maintaining the stocks at optimal levels. Their mission is to ensure the sustainability of Pacific halibut populations in convention waters. To achieve this goal, they conduct fishery-independent setline survey assessment charters to assess the biological movement and abundance of the Pacific halibut species. By implementing effective management strategies, the commission aims to preserve the Pacific halibut fishery for future generations.
Official website here: www.iphc.int
Who is the CEO of International Pacific Halibut Commission?
David Wilson is the Exec. Direct of International Pacific Halibut Commission.
Official website here: www.iphc.int
What is the revenue of International Pacific Halibut Commission?
International Pacific Halibut Commission's revenue in 2022 was $9,330,614.
Official website here: www.iphc.int
Who are the executives of International Pacific Halibut Commission and what are their salaries?
The average compensation at International Pacific Halibut Commission during 2022 was $59,998. There are 67 employees and 6 volunteers at International Pacific Halibut Commission.
Here are 13 key members and their salaries:
- Compensation: $187,063
- Related: $0
- Other: $71,472
- Compensation: $140,906
- Related: $0
- Other: $42,650
- Compensation: $142,208
- Related: $0
- Other: $38,548
- Compensation: $138,010
- Related: $0
- Other: $38,879
- Compensation: $130,163
- Related: $0
- Other: $41,326
- Compensation: $123,998
- Related: $0
- Other: $31,478
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.iphc.int
Where can I find the form 990 for International Pacific Halibut Commission?
International Pacific Halibut Commission's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iphc.int
Learn more at the official website: www.iphc.int
Mission Statement of International Pacific Halibut Commission
The International Pacific Halibut Commission, a prominent organization dedicated to fishery management, works tirelessly to develop the stocks of Pacific halibut in the convention waters to levels that will enable the optimum yield from the fishery. By maintaining these stocks at these levels, the Commission ensures the sustainability of the Pacific halibut species.
To achieve this mission, the Commission implements a Fishery-Independent Setline Survey Assessment Charters Program. This program plays a crucial role in assessing the biological movement and abundance of the Pacific halibut species. By gathering valuable data through this program, the Commission can make informed decisions regarding fishery regulations and quotas, ultimately contributing to the long-term health and sustainability of the Pacific halibut population.
In their pursuit to optimize the yield from the fishery and maintain Pacific halibut stocks at desired levels, the International Pacific Halibut Commission conducts rigorous research and analysis. Their efforts are essential to the success of the Pacific halibut fishery and the health of this important species in the convention waters.
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Impact
October, 2024
The International Pacific Halibut Commission (IPHC) plays a crucial role in the management and sustainability of Pacific halibut fisheries. By conducting fishery-independent setline survey assessment charters, the IPHC is able to obtain critical data on the biological movement and abundance of Pacific halibut. This information is essential for developing effective management strategies that ensure the stocks are maintained at healthy levels.
Through its efforts, the IPHC aims to maximize the optimum yield from the halibut fishery while promoting the long-term health of the species in convention waters. This balance helps to support not only the halibut population but also the livelihoods of those who depend on this fishery for economic sustenance. The impact of the IPHC extends beyond immediate fishery management; it encompasses ecological balance, economic viability for fishing communities, and preservation of the Pacific halibut for future generations.
This information is meant to be a general summary of International Pacific Halibut Commission. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $691
- Program Service Revenue: $3,304,073
- Gross Receipts: $9,330,614
Assets and Liabilities:
- Total Assets: $3,516,086
- Total Liabilities: $1,787,169
- Net Assets: $1,728,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FISH SALES
Revenue
$3,289,793
BAIT SALE
Revenue
$14,280
Organization Details
Founding Year
1923
Phone
(206) 634-1838Principal Officer
David Wilson
Main Address
2320 W COMMODORE WAY 300, SEATTLE, WA, 98199
Website
www.iphc.intNTEE Category
Code: D330 - Animals
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