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Nonprofit · EIN 92-0148106

KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC

Tax-exempt · HOMER, AK 99603

Financials

$122K$165K2023$127K$148K2024
Revenue Expenses · by fiscal year end
Financials of KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$127,067$147,519-$20,452$1,240,302$710,311$529,991
December 31, 2023990$121,584$164,707-$43,123$1,272,757$722,314$550,443
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$38,850
Membership dues
$50
Program service revenue
$0
Investment income
$57
Net rental income
$61,743
Net income from sales of inventory
$26,417
Other revenue
$88,160

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$22,500
Salaries, compensation and benefits (total)
$22,500
Professional fundraising fees
$0
Accounting fees
$9,600
Occupancy
$28,434
Depreciation
$55,541

Balance sheet and other

Total assets, start of year
$1,272,757
Total assets, end of year
$1,240,302
Total liabilities, end of year
$710,311
Net assets, end of year
$529,991
Land, buildings and equipment
$1,165,746
Gross receipts
$169,924
Employees
0
Year formed
1993
State of legal domicile
AK

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SEAN CROSBYSecretary
Trustee or director, Officer
3$22,500
MARIE BADERVice President
Trustee or director, Officer
3$0
SIRPA MERZTreasurer
Trustee or director, Officer
3$0
CURTIS MERZPresident
Trustee or director, Officer
3$0
STEVE RYKACZEWSKIDirector
Trustee or director
3$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MARIE BADERVice President
Trustee or director, Officer
3$0
SIRPA MERZTreasurer
Trustee or director, Officer
3$0
CURTIS MERTZPresident
Trustee or director, Officer
3$0
STEVE RYKACZEWSKIDirector
Trustee or director
3$0
SEAN CROSBYSecretary
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
PO BOX 416, HOMER, AK 99603-0416
Principal officer (990 for 2024)
SEAN CROSBY, PO BOX 416, HOMER, AK 996030416
Signed the 990
SEAN CROSBY, Secretary
Phone
(907) 299-2520
Return prepared by
LAMBE TUTER & ASSOCIATES APC

Mission

AGRICULTURAL ORGANIZATION

990 for the year ended December 31, 2024

Program accomplishments

  • FOSTER ECONOMIC GROWTH FOR THE AQUATIC FARMING/ MARICULTURE INDUSTRY IN KACHEMAK BAY AND COMPLIMENT SHELLFISH INDUSTRY DEVELOPMENT INITIATIVES.

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-0148106
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,240,302
Income (IRS master file)
$169,924

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$127,067$147,519$1,240,302IRS
990December 2023$121,584$164,707$1,272,757XML
990December 2022$81,150$154,102$1,329,548IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 92-0148106).

Questions about KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC

What is the EIN of KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC?
The employer identification number (EIN) of KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC is 92-0148106.
Is KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 2005.
Are donations to KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KACHEMAK SHELLFISH MARICULTURE ASSOCIATION 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 KACHEMAK SHELLFISH MARICULTURE ASSOCIATION 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 KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names SEAN CROSBY.
Who are the officers and directors of KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $22,500 (SEAN CROSBY, Secretary).
How much revenue does KACHEMAK SHELLFISH MARICULTURE ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $127,067, expenses of $147,519 and total assets of $1,240,302 at year end.

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