Civic Intelligence

Gb Cod Fixed Gear Sector Inc

990 • Fiscal year 2015 • EIN 41-2237942

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 21, 2016

1566 Main StreetChatham, MA 02633

(508) 945-2432

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.03x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-43%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

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

2015 filings • 501(c)5 • <$500k nonprofits • Source year 2015

Asset Growth

18th percentile

-10%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-42%

Faster revenue growth than 4% of similar nonprofits.

2015 filings • 501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$225,004

Down $25,771 (-10%) from 2014

Net Assets

Down

$224,014

Down $14,647 (-6.1%) from 2014

Liabilities

Down

$990

Down $11,124 (-92%) from 2014

Revenue

Down

$33,679

Down $24,559 (-42%) from 2014

Expenses

Down

$48,326

Down $7,003 (-13%) from 2014

Net Income

Down

-$14,647

Down $17,556 (-604%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $157,922Liabilities 2011: $352Net Assets 2011: $157,5702011Assets 2012: $282,977Liabilities 2012: $26,670Net Assets 2012: $256,3072012Assets 2013: $252,818Liabilities 2013: $17,066Net Assets 2013: $235,7522013Assets 2014: $250,775Liabilities 2014: $12,114Net Assets 2014: $238,6612014Assets 2015: $225,004Liabilities 2015: $990Net Assets 2015: $224,0142015Assets 2016: $260,627Liabilities 2016: $21,068Net Assets 2016: $239,5592016Assets 2017: $229,724Liabilities 2017: $2,901Net Assets 2017: $226,8232017Assets 2018: $209,587Liabilities 2018: $13,465Net Assets 2018: $196,1222018Assets 2019: $142,118Liabilities 2019: $1,199Net Assets 2019: $140,9192019Assets 2020: $110,795Liabilities 2020: $2,639Net Assets 2020: $108,1562020Assets 2021: $95,032Liabilities 2021: $2,589Net Assets 2021: $92,4432021Assets 2022: $52,401Liabilities 2022: $1,201Net Assets 2022: $51,2002022Assets 2023: $41,945Liabilities 2023: $0Net Assets 2023: $41,9452023Assets 2024: $127,353Liabilities 2024: $9,500Net Assets 2024: $117,8532024

Highlighted filing

2015

Assets$225,004
Liabilities$990
Net Assets$224,014

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $298,759Expenses 2011: $190,345Net Income 2011: $108,4142011Expenses 2012: $106,4822012Revenue 2013: $60,939Expenses 2013: $81,494Net Income 2013: -$20,5552013Revenue 2014: $58,238Expenses 2014: $55,329Net Income 2014: $2,9092014Revenue 2015: $33,679Expenses 2015: $48,326Net Income 2015: -$14,6472015Revenue 2016: $206,604Expenses 2016: $191,059Net Income 2016: $15,5452016Revenue 2017: $69,077Expenses 2017: $81,813Net Income 2017: -$12,7362017Revenue 2018: $40,252Expenses 2018: $70,953Net Income 2018: -$30,7012018Revenue 2019: $52,882Expenses 2019: $108,085Net Income 2019: -$55,2032019Revenue 2020: $113,592Expenses 2020: $146,355Net Income 2020: -$32,7632020Revenue 2021: $163,851Expenses 2021: $179,564Net Income 2021: -$15,7132021Revenue 2022: $383,995Expenses 2022: $425,238Net Income 2022: -$41,2432022Revenue 2023: $191,071Expenses 2023: $200,326Net Income 2023: -$9,2552023Revenue 2024: $381,550Expenses 2024: $305,642Net Income 2024: $75,9082024

Highlighted filing

2015

Revenue$33,679
Expenses$48,326
Net Income-$14,647
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 21, 2016
Return Version
2015v2.1
Gross Receipts
$33,679
Mission and Program Overview

Mission

The georges bank cod fixed gear sector represents a proactive group of small, dayboat fishermen on cape cod that have voluntarily come together to cooperatively manage annual allocations of fish. Its members agree to fish within sustainable limits and to stop fishing once quotas have been met, thereby, protecting fish populations for future generations. The federal government (i.e. National marine fisheries service) has agreed to provide these quotas to the sector, which includes fishermen who have developed and incorporated their organization in compliance with state and federal tax requirements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$249,042$224,018▼ $25,024
Rtn Earn Endowment Incm Other Fnds$238,661$224,014▼ $14,647
Land, Buildings, and Equipment, Net$855$513▼ $342
Prepaid Expenses and Deferred Charges$471$473▲ $2
Accounts Receivable$407--
Total Assets$250,775$225,004▼ $25,771
Liabilities
Accounts Payable and Accrued Expenses$12,114$990▼ $11,124
Total Liabilities$12,114$990▼ $11,124
Net Assets / Fund Balance
Total Net Assets Fund Balance$238,661$224,014▼ $14,647
Total Liabilities and Net Assets / Fund Balance$250,775$225,004▼ $25,771

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$513$513$1,026
Compensation and Service Providers

Board Members and Trustees

NameTitle
James NashPresident
Doug FeeneyDirector
Eric HesseDirector
Greg ConnorsDirector
Michael TerrenziDirector
Nick MutoDirector
Tim LinnellDirector
Greg WalinskiClerk
Jason AmaruTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$33,528
Investment Income
$0
Other Revenue
$151
Change in Net Assets
$-14,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$31,461--$31,461
Insurance$1,058--$1,058
Fees for Services Accounting-$750-$750
Travel$745--$745
Other Expenses$500--$500
Depreciation Depletion$342--$342
Total Functional Expenses$47,576$750$0$48,326
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has members that assist in carrying out the mission of the organization.

Form 990, Page 6, Part VI, Line 7A

Sector members vote to elect the members of the board of directors.

Form 990, Page 6, Part VI, Line 7B

In accordance with its bylaws, a membership majority elects members to the board of directors at its annual membership meeting. Bylaw changes and/or substantial changes to sector policy require a vote by the sector membership.

Form 990, Page 6, Part VI, Line 8B

There are no committees in the fixed gear sector.

Form 990, Page 6, Part VI, Line 11B

The sector manager makes the form 990 available at a meeting of the sector's board of directors, and answers any questions. Any discussion is captured in the board meeting minutes. The sector president signs the document.

Form 990, Page 6, Part VI, Line 12C

The policy is completed by the sector manager. The policy is occasionally updated at the advice of legal council. All new bod members fill out the conflict of interest statement. Once a year, the bod members are asked to update their statements, usually around the annual bod meeting. In terms of enforcing the coi policy, it is self policing unless others know of the conflict and bring it to the attention of the executives. Board members may abstain from a vote if they feel they have a conflict of interest, whether it is in the statement or not.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Gb Cod Fixed Gear Sector Inc
EIN
41-2237942
Phone
5089452432
Address
1566 MAIN STREET, CHATHAM, MA 02633

Signing Officer

Name
James Nash
Title
President
Phone
5089452432
Signed
2016-04-21

Organization Details

Principal Officer
James Nash
Formed
2007
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Sanders Walsh & Eaton Llp
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Michael J Walsh CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The georges bank cod fixed gear sector represents a proactive group of small, dayboat fishermen on cape cod that have voluntarily come together to cooperatively manage annual allocations of fish. Its members agree to fish within sustainable limits and to stop fishing once quotas have been met, thereby, protecting fish populations for future generations. The federal government (i.e. National marine fisheries service) has agreed to provide these quotas to the sector, which includes fishermen who have developed and incorporated their organization in compliance with state and federal tax requirements.

Form 990, Part IX, Line 11G

Fishermen's alliance contract 31,461 0 0

Raw XML Appendix313 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012114
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0990
IRS990/AccountsReceivableGrp/BOYAmt0407
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE GEORGES BANK COD FIXED GEAR SECTOR REPRESENTS A PROACTIVE GROUP OF SMALL, DAYBOAT FISHERMEN ON CAPE COD THAT HAVE VOLUNTARILY COME TOGETHER TO COOPERATIVELY MANAGE ANNUAL ALLOCATIONS OF FISH. ITS MEMBERS AGREE TO FISH WITHIN SUSTAINABLE LIMITS AND TO STOP FISHING ONCE QUOTAS HAVE BEEN MET, THEREBY, PROTECTING FISH POPULATIONS FOR FUTURE GENERATIONS. THE FEDERAL GOVERNMENT (I.E. NATIONAL MARINE FISHERIES SERVICE) HAS AGREED TO PROVIDE THESE QUOTAS TO THE SECTOR, WHICH INCLUDES FISHERMEN WHO HAVE DEVELOPED AND INCORPORATED THEIR ORGANIZATION IN COMPLIANCE WITH STATE AND FEDERAL TAX REQUIREMENTS.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MELISSA CLARKE
IRS990/BooksInCareOfDetail/PhoneNum05089452432
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01566 MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHATHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002633
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0249042
IRS990/CashNonInterestBearingGrp/EOYAmt0224018
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt048326
IRS990/CYOtherRevenueAmt0151
IRS990/CYProgramServiceRevenueAmt033528
IRS990/CYRevenuesLessExpensesAmt0-14647
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt048326
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt033679
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0342
IRS990/DepreciationDepletionGrp/TotalAmt0342
IRS990/Desc0THE SECTOR DID NOT EXCEED ANY OF ITS ALLOCATIONS. IT MINIMIZED HARVEST OF DEPLETED STOCKS AND INSTEAD FOCUSED ON THE HARVEST OF HEALTHY STOCKS SUCH AS MONKFISH, SKATES, DOGFISH AND POLLOCK. THE SECTOR LANDED ROUGHLY 9.8 MILLION POUNDS OF 40 DIFFERENT FISH AND SHELLFISH SPECIES DURING THE 2015 FISHING YEAR (MAY 2014 THROUGH APRIL 2015.) SECTOR MEMBERS SAILED OVER 2300 TRIPS OVER THE COURSE OF THE FISHING YEAR. THE SECTOR STAYED WITHIN ITS BUDGET AND MAINTAINED COMPLIANCE WITH ALL TAX AND OTHER REPORTING REQUIREMENTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0750
IRS990/FeesForServicesAccountingGrp/TotalAmt0750
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt031461
IRS990/FeesForServicesOtherGrp/TotalAmt031461
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC HESSE
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES NASH
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL TERRENZI
IRS990/Form990PartVIISectionAGrp/PersonNm3DOUG FEENEY
IRS990/Form990PartVIISectionAGrp/PersonNm4JASON AMARU
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM LINNELL
IRS990/Form990PartVIISectionAGrp/PersonNm6GREG CONNORS
IRS990/Form990PartVIISectionAGrp/PersonNm7NICK MUTO
IRS990/Form990PartVIISectionAGrp/PersonNm8GREG WALINSKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CLERK
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt033679
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01058
IRS990/InsuranceGrp/TotalAmt01058
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0513
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0855
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0513
IRS990/LandBldgEquipCostOrOtherBssAmt01026
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE GEORGES BANK COD FIXED GEAR SECTOR REPRESENTS A PROACTIVE GROUP OF SMALL, DAYBOAT FISHERMEN ON CAPE COD THAT HAVE VOLUNTARILY COME TOGETHER TO COOPERATIVELY MANAGE ANNUAL ALLOCATIONS OF FISH. ITS MEMBERS AGREE TO FISH WITHIN SUSTAINABLE LIMITS AND TO STOP FISHING ONCE QUOTAS HAVE BEEN MET, THEREBY, PROTECTING FISH POPULATIONS FOR FUTURE GENERATIONS. THE FEDERAL GOVERNMENT (I.E. NATIONAL MARINE FISHERIES SERVICE) HAS AGREED TO PROVIDE THESE QUOTAS TO THE SECTOR, WHICH INCLUDES FISHERMEN WHO HAVE DEVELOPED AND INCORPORATED THEIR ORGANIZATION IN COMPLIANCE WITH STATE AND FEDERAL TAX REQUIREMENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0238661
IRS990/NetAssetsOrFundBalancesEOYAmt0224014
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL CONSULTING
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/ProgramServicesAmt013470
IRS990/OtherExpensesGrp/ProgramServicesAmt1500
IRS990/OtherExpensesGrp/TotalAmt013470
IRS990/OtherExpensesGrp/TotalAmt1500
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0151
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0151
IRS990/OtherRevenueTotalAmt0151
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0471
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0473
IRS990/PrincipalOfficerNm0JAMES NASH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SECTOR LANDING FEES
IRS990/ProgramServiceRevenueGrp/Desc1QUOTA LEASE
IRS990/ProgramServiceRevenueGrp/Desc2SECTOR ENTRANCE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018690
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112944
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21894
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112944
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21894
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt055329
IRS990/PYOtherRevenueAmt0135
IRS990/PYProgramServiceRevenueAmt058103
IRS990/PYRevenuesLessExpensesAmt02909
IRS990/PYTotalExpensesAmt055329
IRS990/PYTotalRevenueAmt058238
IRS990/ReconcilationRevenueExpnssAmt0-14647
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0238661
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0224014
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0513
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01026
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0513
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GEORGES BANK COD FIXED GEAR SECTOR REPRESENTS A PROACTIVE GROUP OF SMALL, DAYBOAT FISHERMEN ON CAPE COD THAT HAVE VOLUNTARILY COME TOGETHER TO COOPERATIVELY MANAGE ANNUAL ALLOCATIONS OF FISH. ITS MEMBERS AGREE TO FISH WITHIN SUSTAINABLE LIMITS AND TO STOP FISHING ONCE QUOTAS HAVE BEEN MET, THEREBY, PROTECTING FISH POPULATIONS FOR FUTURE GENERATIONS. THE FEDERAL GOVERNMENT (I.E. NATIONAL MARINE FISHERIES SERVICE) HAS AGREED TO PROVIDE THESE QUOTAS TO THE SECTOR, WHICH INCLUDES FISHERMEN WHO HAVE DEVELOPED AND INCORPORATED THEIR ORGANIZATION IN COMPLIANCE WITH STATE AND FEDERAL TAX REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS THAT ASSIST IN CARRYING OUT THE MISSION OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECTOR MEMBERS VOTE TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ACCORDANCE WITH ITS BYLAWS, A MEMBERSHIP MAJORITY ELECTS MEMBERS TO THE BOARD OF DIRECTORS AT ITS ANNUAL MEMBERSHIP MEETING. BYLAW CHANGES AND/OR SUBSTANTIAL CHANGES TO SECTOR POLICY REQUIRE A VOTE BY THE SECTOR MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO COMMITTEES IN THE FIXED GEAR SECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SECTOR MANAGER MAKES THE FORM 990 AVAILABLE AT A MEETING OF THE SECTOR'S BOARD OF DIRECTORS, AND ANSWERS ANY QUESTIONS. ANY DISCUSSION IS CAPTURED IN THE BOARD MEETING MINUTES. THE SECTOR PRESIDENT SIGNS THE DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE POLICY IS COMPLETED BY THE SECTOR MANAGER. THE POLICY IS OCCASIONALLY UPDATED AT THE ADVICE OF LEGAL COUNCIL. ALL NEW BOD MEMBERS FILL OUT THE CONFLICT OF INTEREST STATEMENT. ONCE A YEAR, THE BOD MEMBERS ARE ASKED TO UPDATE THEIR STATEMENTS, USUALLY AROUND THE ANNUAL BOD MEETING. IN TERMS OF ENFORCING THE COI POLICY, IT IS SELF POLICING UNLESS OTHERS KNOW OF THE CONFLICT AND BRING IT TO THE ATTENTION OF THE EXECUTIVES. BOARD MEMBERS MAY ABSTAIN FROM A VOTE IF THEY FEEL THEY HAVE A CONFLICT OF INTEREST, WHETHER IT IS IN THE STATEMENT OR NOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FISHERMEN'S ALLIANCE CONTRACT 31,461 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0250775
IRS990/TotalAssetsEOYAmt0225004
IRS990/TotalAssetsGrp/BOYAmt0250775
IRS990/TotalAssetsGrp/EOYAmt0225004
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0750
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt047576
IRS990/TotalFunctionalExpensesGrp/TotalAmt048326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012114
IRS990/TotalLiabilitiesEOYAmt0990
IRS990/TotalLiabilitiesGrp/BOYAmt012114
IRS990/TotalLiabilitiesGrp/EOYAmt0990
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0238661
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0224014
IRS990/TotalProgramServiceRevenueAmt033528
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033679
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt033679
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0250775
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0225004
IRS990/TravelGrp/ProgramServicesAmt0745
IRS990/TravelGrp/TotalAmt0745
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017 RALPH STREET
IRS990/USAddress/CityNm0CHATHAM
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002633
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES NASH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05089452432
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GB COD FIXED GEAR SECTOR INC
ReturnHeader/Filer/BusinessNameControlTxt0GBCO
ReturnHeader/Filer/EIN0412237942
ReturnHeader/Filer/PhoneNum05089452432
ReturnHeader/Filer/USAddress/AddressLine1Txt01566 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0CHATHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002633
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043128198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SANDERS WALSH & EATON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX F
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSTERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002655
ReturnHeader/PreparerPersonGrp/PhoneNum05084280790
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J WALSH CPA
ReturnHeader/ReturnTs02016-06-20T12:47:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.10$1.18$3.82$3.06$0.76
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.91$2.00$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$3.84$4.25$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.95$0.03$0.92$1.64$1.80$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.03$1.08$1.14$1.46$0.33
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.01$1.41$0.53$1.08$0.55
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.13$1.96$0.40$0.71$0.31
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.03$2.27$0.69$0.82$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.61$0.21$2.40$2.07$1.91$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.25$0.01$2.24$0.34$0.48$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.51$0.12$2.39$0.58$0.55$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.53$0.17$2.36$0.61$0.81$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.27$2.56$1.06
2011Summary only. Only limited summary data is available for this year.$1.58$0.00$1.58$2.99$1.90$1.08