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Vii Northeast Fishery Sector Inc

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

EIN: 270247664 ✦ New bedford, MA ✦ Designated as a 501(c)(5)

Overview

What is Vii Northeast Fishery Sector Inc?

Vii Northeast Fishery Sector Inc is a New England-based nonprofit organization situated in New Bedford, Massachusetts. Committed to the long-term viability of sustainable fisheries, it functions as a fishing cooperative, distributing the annual allowable catch quota of various fish species among its members. Through this cooperative approach, the sector aims to strengthen and preserve commercial fisheries, ensuring their continued health and success.


Official website here: www.none

Is Vii Northeast Fishery Sector Inc legitimate?

Vii Northeast Fishery Sector Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Vii Northeast Fishery Sector Inc submitted a form 990EZ, 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 not tax deductible.


Official website here: www.none

What is the mission statement of Vii Northeast Fishery Sector Inc?

The Vii Northeast Fishery Sector Inc focuses on the preservation of sustainable fisheries in the New England region. It functions as a cooperative, managing the annual allocation of catch for various multispecies to bolster and sustain commercial fisheries. The organization's primary objective is to ensure the longevity of these fisheries.


Official website here: www.none

Who is the CEO of Vii Northeast Fishery Sector Inc?

Lars Vinjerud Ii is the President of Vii Northeast Fishery Sector Inc.


Official website here: www.none

What is the revenue of Vii Northeast Fishery Sector Inc?

Vii Northeast Fishery Sector Inc's revenue in 2022 was $18,859.


Official website here: www.none

Who are the executives of Vii Northeast Fishery Sector Inc and what are their salaries?

Here are 8 key members and their salaries:

    Lars Vinjerud Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corbin Pettway (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonio Pereira (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Bode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lars Vinjerud Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonio Pereira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corbin Pettway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990EZ for Vii Northeast Fishery Sector Inc?

    The Vii Northeast Fishery Sector Inc’s most recent form 990EZ was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Vii Northeast Fishery Sector Inc

    Vii Northeast Fishery Sector Inc, a fishing cooperative based in New England, is dedicated to the survival and sustainability of local fisheries. By allocating the annual allowable catch of multispecies, the organization enhances and maintains commercial fisheries in the region. The mission of Vii Northeast Fishery Sector is twofold: to ensure the longevity of fisheries and to promote their commercial success.

    Operating out of New Bedford, MA, Vii Northeast Fishery Sector functions as a critical partner in the fishing industry. Through its cooperative efforts, it aims to secure the future of New England's fisheries, providing a sustainable source of income for local fishermen and the fishing industry as a whole. The cooperative approach allows for a more equitable distribution of catch quotas, ensuring a balanced and responsible approach to fisheries management. In turn, this leads to a more robust and resilient fishing industry that is better adapted to the challenges of preserving sustainable fisheries in the face of environmental and market pressures.

    Moreover, Vii Northeast Fishery Sector's commitment to sustainability goes beyond just the allocation of catch quotas. It involves a comprehensive approach to fisheries management, with a focus on responsible and sustainable fishing practices. By working together as a cooperative, members of Vii Northeast Fishery Sector can share best practices, innovations, and resources, enabling them to adapt to changing market conditions and environmental challenges. This collaborative spirit not only benefits individual fishermen but also contributes to the long-term health and viability of New England's fisheries.

    Impact

    This information is meant to be a general summary of Vii Northeast Fishery Sector Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Vii Northeast Fishery Sector Inc plays a crucial role in the sustainability and maintenance of commercial fisheries in New England. Through its operation as a fishing cooperative, it allocates allowable catch of multispecies on an annual basis, thereby enhancing and ensuring the survival of sustainable fisheries in the region. This impact is significant towards supporting the local fishing industry and contributing to the long-term health of marine ecosystems in the area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Program Service Revenue: $18,859
  • Gross Receipts: $18,859

    • Assets and Liabilities:
  • Total Assets: $6,973
  • Total Liabilities: $10,342
  • Net Assets: -$3,369
  • Organization Details

    Principal Officer

    Lars Vinjerud Ii

    Main Address

    C/O 24 CENTRE STREET, NEW BEDFORD, MA, 02740

    Website

    www.none

    NTEE Category

    Code: D33 - Animals

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