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Gloucester Fishing Community Preservation Fund Inc

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

EIN: 640961351 ✦ Gloucester, MA ✦ Designated as a 501(c)(3)

Overview

What is Gloucester Fishing Community Preservation Fund Inc?

Gloucester Fishing Community Preservation Fund Inc is a small nonprofit organization based in Gloucester, Massachusetts. Its primary mission revolves around preserving and promoting the city's rich fishing heritage, community, and culture. They work diligently to protect and enhance the port of Gloucester and its infrastructure, serving as a central hub for leasing limited access, multi-species fishing permit privileges to fishing vessels based in the city. The organization aims to support local fishermen by acting as a repository and exchange for fishing resources. In summary, the Gloucester Fishing Community Preservation Fund Inc is dedicated to safeguarding the city's fishing industry and fostering awareness of its history and community fabric.


Is Gloucester Fishing Community Preservation Fund Inc legitimate?

Gloucester Fishing Community Preservation Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gloucester Fishing Community Preservation Fund 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.

Here are some key statistics you may want to consider:

Executive Compensation: $105,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,001

For more financial information, click here


What is the mission statement of Gloucester Fishing Community Preservation Fund Inc?
Who is the CEO of Gloucester Fishing Community Preservation Fund Inc?
What is the revenue of Gloucester Fishing Community Preservation Fund Inc?
Who are the executives of Gloucester Fishing Community Preservation Fund Inc and what are their salaries?
Where can I find the form 990 for Gloucester Fishing Community Preservation Fund Inc?

Mission Statement of Gloucester Fishing Community Preservation Fund Inc

The Gloucester Fishing Community Preservation Fund Inc is dedicated to preserving and promoting the awareness of Gloucester's fisheries, heritage, and the community's fabric. This nonprofit organization strives to protect and enhance the port of Gloucester and its infrastructure. In addition, it serves as a central repository and exchange, leasing limited access, multi-species fishing permit privileges to fishing vessels based in Gloucester. By doing so, the organization aims to aid fishermen and contribute to the preservation of the fishing industry in Gloucester.

Impact

This information is meant to be a general summary of Gloucester Fishing Community Preservation Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Gloucester Fishing Community Preservation Fund Inc plays a crucial role in preserving and promoting awareness of Gloucester's fisheries, heritage, and community fabric. Additionally, the organization works towards protecting and enhancing the Port of Gloucester and its infrastructure. By serving as a central repository and exchange for the leasing of limited access, multi-species fishing permit privileges to fishing vessels based in Gloucester, the fund aids local fishermen. Through its initiatives, Gloucester Fishing Community Preservation Fund Inc actively contributes to the sustainability and livelihood of the Gloucester fishing community.





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: $1,625
  • Program Service Revenue: $496,228
  • Gross Receipts: $497,853

    • Assets and Liabilities:
  • Total Assets: $12,263,156
  • Total Liabilities: $213,019
  • Net Assets: $12,050,137
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Permit Lease Revenue

    Revenue

    $496,228

    Organization Details

    Founding Year

    2007

    Principal Officer

    Vito Giacalone

    Main Address

    10 WITHAM STREET, GLOUCESTER, MA, 019304505

    NTEE Category

    Code: C32 - Environment

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