Overview
What is Bering Sea Fishermens Association?
The Bering Sea Fishermens Association, located in Anchorage, Alaska, is a dedicated nonprofit organization with a primary focus on wildlife conservation and protection. Their mission revolves around supporting and restoring the fisheries in Western Alaska, ensuring the sustained well-being of this region's marine ecosystems. The association plays an active role in addressing the unique challenges faced by Western Alaska's fisheries, working tirelessly to maintain and enhance their health for future generations.
Official website here: www.bsfaak.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating
The Bering Sea Fishermen's Association has achieved a commendable 92% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a fully independent board and has earned full marks in various financial oversight categories, indicating a transparent governance structure. High scores in program expense ratio and liabilities to assets ratio suggest that a substantial portion of its resources is dedicated to its mission rather than administrative costs.
A notable strength is the absence of material asset diversion and loans to officers, which reinforces the integrity of the organization. Furthermore, it has implemented essential policies, such as conflict of interest and whistleblower policies, showing a commitment to ethical governance. The board meeting minutes are documented, providing an added layer of transparency.
However, the fundraising efficiency ratio is relatively low at $0.002, indicating that it may not be as effective in generating funds as some of its peers. This aspect could affect the organization's sustainability in the long term, despite its high program expense ratio. Overall, the Bering Sea Fishermen's Association appears to be a well-managed nonprofit with a strong focus on its mission, though it may need to enhance its fundraising strategies.
This AI summary has been generated from information found on Charity Navigator.
Is Bering Sea Fishermens Association legitimate?
Bering Sea Fishermens Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bering Sea Fishermens Association 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: $92,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,654
For more financial information, click here
Official website here: www.bsfaak.org
What is the mission statement of Bering Sea Fishermens Association?
The Bering Sea Fishermens Association, based on its mission description, is committed to supporting and restoring the fisheries in Western Alaska. This organization works towards preserving marine life and ecosystems, aiming to ensure the sustainability of fishing activities in the region. By focusing on fisheries support and restoration, the association aims to maintain a balanced and healthy marine environment, benefiting both the wildlife and the local fishing communities. The association's activities may include advocacy, research, and collaboration with stakeholders to promote sustainable fishing practices and protect marine resources.
Official website here: www.bsfaak.org
Who is the CEO of Bering Sea Fishermens Association?
Karen Gillis is the Executive Di of Bering Sea Fishermens Association.
Official website here: www.bsfaak.org
What is the revenue of Bering Sea Fishermens Association?
Bering Sea Fishermens Association's revenue in 2022 was $1,540,866.
Official website here: www.bsfaak.org
Who are the executives of Bering Sea Fishermens Association and what are their salaries?
The average compensation at Bering Sea Fishermens Association during 2022 was $25,658. There are 14 employees and 9 volunteers at Bering Sea Fishermens Association.
Here are 10 key members and their salaries:
- Compensation: $75,870
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.bsfaak.org
Where can I find the form 990 for Bering Sea Fishermens Association?
Bering Sea Fishermens Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsfaak.org
Learn more at the official website: www.bsfaak.org
Mission Statement of Bering Sea Fishermens Association
The Bering Sea Fishermens Association, a wildlife conservation organization, is dedicated to supporting and restoring western Alaska's fisheries. Their mission is centered around preserving the marine life and fisheries in this region, aiming to maintain a sustainable and thriving ecosystem for future generations. By focusing on fisheries restoration, the association works towards ensuring the continued health and abundance of marine life in western Alaska, ultimately benefiting both the environment and the communities that rely on these resources.
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Impact
July, 2024
The Bering Sea Fishermens Association's impact lies in its focus on supporting and restoring Western Alaska fisheries. Through its efforts, the organization plays a crucial role in wildlife conservation and protection in the region. By working towards the sustainable management of fisheries resources, the association contributes to the overall health of marine ecosystems and the well-being of local communities that rely on these resources. Additionally, by prioritizing community improvement through its mission, the association helps to create a more sustainable and resilient future for both the environment and the people of Western Alaska.
This information is meant to be a general summary of Bering Sea Fishermens Association. 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: $134
- Program Service Revenue: $21,344
- Gross Receipts: $1,540,866
Assets and Liabilities:
- Total Assets: $909,321
- Total Liabilities: $126,062
- Net Assets: $783,259
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$21,344
Organization Details
Founding Year
1980
Phone
(907) 279-6519Principal Officer
Karen Gillis
Main Address
821 N STREET SUITE 103, ANCHORAGE, AK, 99501
Website
www.bsfaak.orgNTEE Category
Code: S30 - Community improvement
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