nonprofit logo

Xi Northeast Fishery Sector Inc

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

EIN: 270249654 ✦ Portsmouth, NH ✦ Designated as a 501(c)(5)

Overview

What is Xi Northeast Fishery Sector Inc?

Xi Northeast Fishery Sector Inc is a Portsmouth, NH-based nonprofit organization dedicated to supporting local commercial fishermen. With federal restrictions limiting the amount of product they can sell and the areas they can fish, Xi Northeast Fishery Sector aims to expand sales opportunities for these fishermen. Their mission is to create alternative selling channels, providing a valuable lifeline for the fishermen in the region.


Is Xi Northeast Fishery Sector Inc legitimate?

Xi Northeast Fishery Sector Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Xi 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.

Here are some key statistics you may want to consider:

Executive Compensation: $36,685
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Xi Northeast Fishery Sector Inc?
Who is the CEO of Xi Northeast Fishery Sector Inc?
What is the revenue of Xi Northeast Fishery Sector Inc?
Who are the executives of Xi Northeast Fishery Sector Inc and what are their salaries?
Where can I find the form 990EZ for Xi Northeast Fishery Sector Inc?

Mission Statement of Xi Northeast Fishery Sector Inc

Xi Northeast Fishery Sector Inc, located in Portsmouth, New Hampshire, is dedicated to supporting the local commercial fishery sector. With federal restrictions limiting the pounds that can be landed and territories that can be fished, this organization aims to provide an alternative means for fishermen to sell their products.

Xi Northeast Fishery Sector's mission is to empower local fishermen by enabling them to access additional sales channels. By doing so, the organization helps to mitigate the impact of federal restrictions on their livelihoods. This mission is crucial for the sustainable operation of the commercial fishery sector in the region.

Xi Northeast Fishery Sector's role in the community goes beyond just facilitating sales. By providing these additional avenues for fishermen to sell their catches, the organization contributes to the economic stability of the fishing industry and the local economy as a whole. Furthermore, by working to ensure that fishermen can continue to make a living from their trade, Xi Northeast Fishery Sector is playing a vital role in preserving the tradition and culture of commercial fishing in the area.

Impact

This information is meant to be a general summary of Xi 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

Xi Northeast Fishery Sector Inc has made a significant impact by enabling local fishermen to expand their market reach and sell their products through additional methods. This is crucial as federal restrictions limit the pounds landed and territories fished by these fishermen. By providing support and avenues for these fishermen to sell their products, Xi Northeast Fishery Sector Inc is contributing to the economic vitality of the local fishing industry and ensuring that fishermen can continue to make a living despite regulatory constraints.





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.

  • Investment Income: $101
  • Program Service Revenue: $60,350
  • Gross Receipts: $65,899

    • Assets and Liabilities:
  • Total Assets: $342,855
  • Total Liabilities: $514,840
  • Net Assets: -$171,985
  • Organization Details

    Principal Officer

    Fanel Dobre

    Main Address

    1 PIERCE ISLAND RD, PORTSMOUTH, NH, 03801

    NTEE Category

    Code: D33 - Animals

    If you are a representative of Xi Northeast Fishery Sector Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.