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Nonprofit · EIN 27-0247381

V NORTHEAST FISHERY SECTOR INC

Tax-exempt · RICHMOND, RI 02812

Financials

$89K$84K2023$120K$52K2024
Revenue Expenses · by fiscal year end
Financials of V NORTHEAST FISHERY SECTOR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$119,820$52,199$67,621$88,992$2,344$86,648
December 31, 2023990-EZ$88,550$83,581$4,969$21,212$2,185$19,027
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$119,820
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$16,615
Salaries, compensation and benefits (total)
$24,563
Professional fees and payments to contractors
$550
Printing, publications and postage
$7
Other expenses
$27,079

Balance sheet and other

Total assets, start of year
$21,212
Total assets, end of year
$88,992
Total liabilities, end of year
$2,344
Net assets, end of year
$86,648
Cash, savings and investments
$88,992
Gross receipts
$119,820

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DANIEL SALERNOSECTOR MANAGER20$16,615
RODMAN SYKESPRESIDENT2$0
ROBERT WESTCOTTTREASURER2$0
HOWARD FOLLETTDIRECTOR0.25$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DANIEL SALERNOSECRETARY/DIRECTOR20$16,000
RODMAN SYKESPRESIDENT2$0
ROBERT WESTCOTTTREASURER2$0
HOWARD FOLLETTDIRECTOR0.25$0

Address and contacts

Address (IRS master file)
20 BOULDER DR, RICHMOND, RI 02812-1122
In care of
% DANIEL SALERNO
Mailing address (990-N for 2009)
4 PARKER ST, GLOUCESTER MA 01930
Principal officer (990-N for 2009)
CHRISTOPHER T BROWN SR, 35 ERICA COURT, WEST KINGSTON RI 02892
Signed the 990-EZ
RODMAN SYKES, PRESIDENT
Phone
(401) 932-0070
Return prepared by
PPA LLP

Mission

THE MISSION OF THE ORGANIZATION INCLUDES, BUT IS NOT LIMITED TO, CIVIC, EDUCATIONAL, SCIENTIFIC AND AGRICULTURAL (REGARDING THE HARVESTING OF AQUATIC RESOURCES) ACTIVITIES.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION ENGAGES IN THE FORMING OF A SECTOR OF FISHERMEN (MEMBERS) TO RECEIVE ORACCEPT AN AGGREGATE ALLOCATION OF FISHING PRIVILEGES TO BE HARVESTED BY MEMBERS. THE ORGANIZATION ENCOURAGESRESPONSIBLE FISHING METHODS AND PRACTICES TO CONSERVE FISHERY AND OTHER ENVIRONMENTAL RESOURCES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-0247381
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Animal-related (D33)
Assets (IRS master file)
$88,992
Income (IRS master file)
$119,820

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$119,820$52,199$88,992XML
990-EZDecember 2023$88,550$83,581$21,212XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2009
Officer: CHRISTOPHER T BROWN SR
December 31, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0247381).

Questions about V NORTHEAST FISHERY SECTOR INC

What is the EIN of V NORTHEAST FISHERY SECTOR INC?
The employer identification number (EIN) of V NORTHEAST FISHERY SECTOR INC is 27-0247381.
Is V NORTHEAST FISHERY SECTOR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 2012.
Are donations to V NORTHEAST FISHERY SECTOR INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does V NORTHEAST FISHERY SECTOR INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of V NORTHEAST FISHERY SECTOR INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did V NORTHEAST FISHERY SECTOR INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of V NORTHEAST FISHERY SECTOR INC?
The 990-N for 2009 names CHRISTOPHER T BROWN SR.
Who are the officers and directors of V NORTHEAST FISHERY SECTOR INC?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $16,615 (DANIEL SALERNO, SECTOR MANAGER).
How much revenue does V NORTHEAST FISHERY SECTOR INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $119,820, expenses of $52,199 and total assets of $88,992 at year end.

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