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Commercial Fisheries Research Foundation

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

EIN: 861116341 ✦ Saunderstown, RI ✦ Designated as a 501(c)(3)

Overview

What is Commercial Fisheries Research Foundation?

The Commercial Fisheries Research Foundation is a Rhode Island-based nonprofit organization with a mission to promote sustainable fisheries through research and education. They generate better information and effective technologies by conducting and supporting projects, such as the American Lobster Maturity Assessment. This project monitors the impact of increased water temperatures on lobster sizes at maturity and growth patterns in the Atlantic region. The foundation, which employs a team of 11 individuals, aims to ensure the long-term health and productivity of fisheries for future generations.


Official website here: www.cfrfoundation.org

Is Commercial Fisheries Research Foundation legitimate?

Commercial Fisheries Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Commercial Fisheries Research Foundation 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: $144,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $604,563

For more financial information, click here


Official website here: www.cfrfoundation.org

What is the mission statement of Commercial Fisheries Research Foundation?

The Commercial Fisheries Research Foundation is dedicated to furthering sustainable fisheries through research and education. By generating better information and effective technologies, this organization aims to support the fisheries sector in achieving long-term sustainability. One of their ongoing projects, the Atlantic State Marine Fisheries Commission's American Lobster Maturity Assessment, collects crucial data on lobster maturity and growth patterns to assess the impact of increased water temperatures. This valuable research contributes significantly to the conservation and management of lobster populations.


Official website here: www.cfrfoundation.org

Who is the CEO of Commercial Fisheries Research Foundation?

Fred Mattera is the President of Commercial Fisheries Research Foundation.


Official website here: www.cfrfoundation.org

What is the revenue of Commercial Fisheries Research Foundation?

Commercial Fisheries Research Foundation's revenue in 2023 was $2,891,319.


Official website here: www.cfrfoundation.org

Who are the executives of Commercial Fisheries Research Foundation and what are their salaries?

The average compensation at Commercial Fisheries Research Foundation during 2023 was $68,076. There are 11 employees at Commercial Fisheries Research Foundation.

Here are 11 key members and their salaries:

    N David Bethony (Executive Director)
  • Compensation: $134,273
  • Related: $0
  • Other: $0

    • Fred Mattera (President) [Trustee/Director]
  • Compensation: $10,000
  • Related: $0
  • Other: $0

    • John Kennedy (Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Lee (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Fox (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Grant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Knight (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Roebuck (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Sweitzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Marchetti (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Almeida (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfrfoundation.org

    Where can I find the form 990 for Commercial Fisheries Research Foundation?

    The Commercial Fisheries Research Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cfrfoundation.org

    Learn more at the official website: www.cfrfoundation.org

    Mission Statement of Commercial Fisheries Research Foundation

    The Commercial Fisheries Research Foundation, with its mission at heart, strives to support and conduct research and education that contributes to the achievement of sustainable fisheries. By generating better information and effective technologies, this nonprofit organization aims to make a positive impact on fisheries for the benefit of all.

    More specifically, the Commercial Fisheries Research Foundation focuses on projects that enhance our understanding of fisheries and their ecosystems. For instance, the Atlantic State Marine Fisheries Commission's American Lobster Maturity Assessment Project, spearheaded by the organization, collects essential data on lobster species to monitor and determine the effects of increased water temperatures on lobster maturity and growth patterns.

    In essence, the Commercial Fisheries Research Foundation plays a pivotal role in advancing knowledge and creating innovative solutions to ensure the long-term viability of fisheries. Through their research initiatives, this nonprofit organization empowers various stakeholders, including policymakers, fishermen, and scientists, to make informed decisions that contribute to the health and sustainability of fisheries and the marine environment.

    Impact

    This information is meant to be a general summary of Commercial Fisheries Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Commercial Fisheries Research Foundation's impact primarily revolves around supporting and conducting research and education to achieve sustainable fisheries. One of their projects, such as the American Lobster Maturity Assessment Project, collects species/data to monitor and determine the effects of increased water temperatures on lobster sizes at maturity and growth patterns. This work contributes valuable information to better understand and manage fisheries, ultimately benefiting the marine environment and the fishing industry.





    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 2023.

  • Investment Income: $2
  • Program Service Revenue: $0
  • Gross Receipts: $2,891,319

    • Assets and Liabilities:
  • Total Assets: $1,486,237
  • Total Liabilities: $313,561
  • Net Assets: $1,172,676
  • Organization Details

    Founding Year

    2004

    Principal Officer

    Fred Mattera

    Main Address

    PO BOX 278, SAUNDERSTOWN, RI, 02874

    NTEE Category

    Code: D99 - Animals

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