EIN 26-1317661

Alaska Seafood Cooperative

IRS 501(c) type
501(c)(5)
Num. employees
2
Year formed
2007
Most recent tax filings
2022-12-01
Description
The cooperative was formed for the purpose of promoting, fostering, and encouraging the intelligent and orderly harvest of Bering Sea/Aleutian Islands ("BSAI") yellowfin sole, rock sole, flathead sole, Atka mackerel and Pacific cod, Aleutian Islands Pacific Ocean perch, and other BSAI and Gulf of Alaska groundfish;reducing waste and improving resource utilization by vessels employed in such fisheries (together, the "Fisheries"); reducing the discard mortality of non-target species by vessels employed in the Fisheries and supporting research and public education about the Fisheries.
Related structure
Alaska Seafood Cooperative is a subordinate organization under Groundfish Forum.
Total revenues
$566,796
2022
Total expenses
$520,351
2022
Total assets
$110,895
2022
Num. employees
2
2022

Program areas at Alaska Seafood Cooperative

Alaska Seafood Cooperative (ASC) is an industry group representing several "freezer trawler" fishing companies that all share the goal of improving the management and ecological stewardship of flatfish and other non-pollock groundfish fisheries in the Bering Sea.Flatfish are managed by the same strict, science-based standards that have made Alaska fisheries globally renowned as among the best managed in the world. Catches are held at or below scientific limits, none of these stocks are overfished, and fishing is strictly regulated to prevent excessive bycatch of other species.Bycatch is a major concern for ASC and fishery managers. Bycatch limits are placed on the mortality of incidental catch of species like halibut and crab and if any of these limits are reached, the flatfish fisheries will be closed regardless of how much is left of their quota.From its inception, ASC worked with the North Pacific Fishery Management Council to end the "race for fishX and develop a safer, more responsible way to manage the fisheries. The resulting new system (Amendment 80) went into effect in 2008 and divides the groundfish target quotas and bycatch limits among cooperatives like ASC. This new management system makes each group responsible for its own catch and bycatch, and also provides strong incentives for the co-ops to keep bycatch rates low, maximize retention of target catches that can be marketed, and reward those who fish cleanly and efficiently.At industry expense, observer coverage aboard flatfish vessels was doubled from historic levels, resulting in the current standard of 200% coverage for the fleet. New flow scales were adopted that precisely account for everything that is caught. Additionally, fishermen collaborated with Federal scientists to reduce the impact of their nets, resulting in the fleets implementation of modified flatfish trawls that reduce seafloor contact by as much as 90% relative to older gear types.In 2010, the flatfish industry decided to pursue certification under the Marine Stewardship Council (MSC), an internationally recognized body that provides third-party, objective certification of sustainable fisheries. MSC certification involves close and ongoing scrutiny through a transparent, science-based process to evaluate soundness of stock assessments, impacts of fishing on target and bycatch species as well as the overall ecosystem, and other metrics of sustainability. The flatfish fisheries were certified under the MSC guidelines in 2010, and this certification was renewed in 2015 and 2020. Additionally, several species of rockfish and Atka mackerel were certified by MSC in 2020.More recently, the ASC has been refining a program of deck sorting under an exempted fishing permit (EFP). This EFP allows for experimental fishing practices to be tested under the supervision of Federal scientists. The deck sorting EFP has allowed for halibut an important bycatch species to be returned to the water much faster than would be the case under normal regulations, greatly reducing halibut mortality. Deck sorting was made part of normal regulations beginning in the 2020 season.

Personnel at Alaska Seafood Cooperative

NameTitleCompensation
Mark FinaPresident and Director$0
Jason AndersonPresident and Vice President and Secretary and Tres$0
Arne FuglvogSecretary and Treasurer$0
Susan RobinsonVice President$0
Mike GuySecretary and Treasurer$0
...and 5 more key personnel

Financials for Alaska Seafood Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$566,796
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$566,796

Form 990s for Alaska Seafood Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-10-25990View PDF
2020-122021-10-26990View PDF
2019-122021-06-24990View PDF
2018-122019-12-11990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2020
November 2, 2021
Posted financials
Added Form 990 for fiscal year 2019
April 28, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
UnionsBusiness and community development organizationsChapter / child organizations
Issues
Human servicesCommunity improvementJobs and employmentBusiness and industry
Characteristics
Memberships
General information
Address
4241 21st Ave W 302
Seattle, WA 98199
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
alaskaseafoodcooperative.org/ 
Phone
(206) 462-7690
IRS details
EIN
26-1317661
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
J40: Labor unions, organizations
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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