Civic Intelligence

VII Northeast Fishery Sector Inc

EIN 27-0247664 • 501(c)5 • New Bedford, MA

Profile

Working to achieve and ensure the survival of sustainable fisheries in new england.

C/O 24 Centre StreetNew Bedford, MA 02740

none

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

1.48x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

0.55x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Net Margin

25th percentile

-9.6%

Higher net margin than 25% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2022

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)5 • <$500k nonprofits • Source year 2022

Asset Growth

100th percentile

641%

Faster asset growth than 100% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$6,973

Up $6,032 (+641%) from 2021

Liabilities

Up

$10,342

Up $7,845 (+314%) from 2021

Net Assets

Down

-$3,369

Down $1,813 (-117%) from 2021

Operations
Liabilities / Revenue97th percentileNet Margin25th percentile

Revenue

Down

$18,859

Down $8,017 (-30%) from 2021

Expenses

Down

$20,671

Down $16,991 (-45%) from 2021

Net Income

Up

-$1,812

Up $8,974 (+83%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth100th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2012: $88,411Liabilities 2012: $1,312Net Assets 2012: $87,0992012Assets 2013: $90,986Liabilities 2013: $1,638Net Assets 2013: $89,3482013Assets 2014: $60,244Liabilities 2014: $2,072Net Assets 2014: $58,1722014Assets 2015: $29,979Liabilities 2015: $1,975Net Assets 2015: $28,0042015Assets 2016: $31,834Liabilities 2016: $3,898Net Assets 2016: $27,9362016Assets 2017: $19,607Liabilities 2017: $3,921Net Assets 2017: $15,6862017Assets 2018: $38,425Liabilities 2018: $1,641Net Assets 2018: $36,7842018Assets 2019: $9,652Liabilities 2019: $9,009Net Assets 2019: $6432019Assets 2020: $12,632Liabilities 2020: $3,402Net Assets 2020: $9,2302020Assets 2021: $941Liabilities 2021: $2,497Net Assets 2021: -$1,5562021Assets 2022: $6,973Liabilities 2022: $10,342Net Assets 2022: -$3,3692022

Highlighted filing

2022

Assets$6,973
Liabilities$10,342
Net Assets-$3,369
Open 2022 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2012: $60,777Expenses 2012: $40,137Net Income 2012: $20,6402012Revenue 2013: $54,511Expenses 2013: $52,262Net Income 2013: $2,2492013Revenue 2014: $16,749Expenses 2014: $47,925Net Income 2014: -$31,1762014Revenue 2015: $9,543Expenses 2015: $39,711Net Income 2015: -$30,1682015Revenue 2016: $40,438Expenses 2016: $40,506Net Income 2016: -$682016Revenue 2017: $11,827Expenses 2017: $24,077Net Income 2017: -$12,2502017Revenue 2018: $43,241Expenses 2018: $22,143Net Income 2018: $21,0982018Revenue 2019: $115,821Expenses 2019: $151,962Net Income 2019: -$36,1412019Revenue 2020: $116,893Expenses 2020: $108,307Net Income 2020: $8,5862020Revenue 2021: $26,876Expenses 2021: $37,662Net Income 2021: -$10,7862021Revenue 2022: $18,859Expenses 2022: $20,671Net Income 2022: -$1,8122022

Highlighted filing

2022

Revenue$18,859
Expenses$20,671
Net Income-$1,812
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,973
Liabilities
$10,342
Net assets
-$3,369
Revenue
$18,859
Expenses
$20,671
Net income
-$1,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.10$0.03$0.19$0.21$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.02$0.02$0.27$0.38$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.09$1.17$1.08$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.09$0.01$1.16$1.52$0.36
2018Detailed filing. Detailed filing data is available for this year.$0.38$0.02$0.37$0.43$0.22$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.04$0.16$0.12$0.24$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.32$0.04$0.28$0.40$0.41$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.02$0.28$0.10$0.40$0.30
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.58$0.17$0.48$0.31
2013Detailed filing. Detailed filing data is available for this year.$0.91$0.02$0.89$0.55$0.52$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.01$0.87$0.61$0.40$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$18,859
Mission and Program Overview

Mission

Working to achieve and ensure the survival of sustainable fisheries in new england.

Program Services

DescriptionGrantsExpenses
A FISHING COOPERATIVE TO ALLOCATE ALLOWABLE CATCH OF MULTISPECIES ON AN ANNUAL BASIS IN ORDER TO ENHANCE AND MAINTAIN COMMERCIAL FISHERIES.--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LARS VINJERUD IIPresident-$0--
CORBIN PETTWAYTreasurer-$0--
ANTONIO PEREIRAClerk-$0--
SCOTT BODEDirector-$0--
WALTER SMITHDirector-$0--
LARS VINJERUD IIDirector-$0--
ANTONIO PEREIRADirector-$0--
CORBIN PETTWAYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Vii Northeast Fishery Sector Inc
EIN
27-0247664
Phone
5089923334
Address
C/O 24 CENTRE STREET, NEW BEDFORD, MA 02740

Signing Officer

Name
Lars Vinjerud Ii
Title
President
Phone
5089102134
Signed
2023-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Jardin & Dawson Inc
Address
24 CENTRE ST, NEW BEDFORD, MA 02740
Preparer
Anne E Jardin-maynard
Phone
5089923334
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office supplies 669 bank fees 21 mri fee 800 fish quota traded 14,044 filing fees 19 total 15,553”

Form 990-ez, Part II, Line 24

“Accounts receivable 408 408 total 408 408”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 2,498 299 unsecured notes and loans payable 0 10,000 payroll liabilities 0 43”

Form 990-ez, Part III

“Working to achieve and ensure the survival of sustainable fisheries in new england.”

Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JARDIN & DAWSON INC
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0JARDIN & DAWSON INC
IRS990EZ/BooksInCareOfDetail/PhoneNum05089923334
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt024 CENTRE ST
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt024 CENTRE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW BEDFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002740
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0533
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06565
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1812
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01120
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0941
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06973
IRS990EZ/GrossReceiptsAmt018859
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-1557
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-3369
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-1557
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-3369
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LARS VINJERUD II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CORBIN PETTWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANTONIO PEREIRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SCOTT BODE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WALTER SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LARS VINJERUD II
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANTONIO PEREIRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CORBIN PETTWAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0408
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0408
IRS990EZ/OtherExpensesTotalAmt015553
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WORKING TO ACHIEVE AND ENSURE THE SURVIVAL OF SUSTAINABLE FISHERIES IN NEW ENGLAND.
IRS990EZ/ProgramServiceRevenueAmt018859
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0A FISHING COOPERATIVE TO ALLOCATE ALLOWABLE CATCH OF MULTISPECIES ON AN ANNUAL BASIS IN ORDER TO ENHANCE AND MAINTAIN COMMERCIAL FISHERIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt03998
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02498
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010342
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020671
IRS990EZ/TotalRevenueAmt018859
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 669 BANK FEES 21 MRI FEE 800 FISH QUOTA TRADED 14,044 FILING FEES 19 TOTAL 15,553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 408 408 TOTAL 408 408
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,498 299 UNSECURED NOTES AND LOANS PAYABLE 0 10,000 PAYROLL LIABILITIES 0 43
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WORKING TO ACHIEVE AND ENSURE THE SURVIVAL OF SUSTAINABLE FISHERIES IN NEW ENGLAND.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARS VINJERUD II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05089102134
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VII NORTHEAST FISHERY SECTOR INC
ReturnHeader/Filer/BusinessNameControlTxt0VIIN
ReturnHeader/Filer/EIN0270247664
ReturnHeader/Filer/PhoneNum05089923334
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O 24 CENTRE STREET
ReturnHeader/Filer/USAddress/CityNm0NEW BEDFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002740
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0900001509
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JARDIN & DAWSON INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 CENTRE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002740
ReturnHeader/PreparerPersonGrp/PhoneNum05089923334
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNE E JARDIN-MAYNARD
ReturnHeader/ReturnTs02023-11-13T09:47:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LARS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VINJERUD II
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.