Civic Intelligence

Bering Sea Pot Cod Cooperative

990EZ • Fiscal year 2021 • EIN 46-1055515

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 30, 2022

12042 SE Sunnyside Rd PMB 333Clackamas, OR 97015

(602) 451-7752

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

32nd percentile

-2.8%

Higher net margin than 32% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

30th percentile

-5.7%

Faster asset growth than 30% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-14%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$166,509

Down $10,000 (-5.7%) from 2020

Net Assets

Down

$164,009

Down $10,000 (-5.7%) from 2020

Liabilities

Flat

$2,500

Flat from 2020

Revenue

Down

$72,000

Down $12,000 (-14%) from 2020

Expenses

Up

$74,000

Up $14,733 (+25%) from 2020

Net Income

Down

-$2,000

Down $26,733 (-108%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $61,462Net Assets 2015: $61,4622015Assets 2016: $105,960Liabilities 2016: $1,687Net Assets 2016: $104,2732016Assets 2017: $139,447Liabilities 2017: $200Net Assets 2017: $139,2472017Assets 2018: $107,349Liabilities 2018: $200Net Assets 2018: $107,1492018Assets 2019: $189,517Liabilities 2019: $40,241Net Assets 2019: $149,2762019Assets 2020: $176,509Liabilities 2020: $2,500Net Assets 2020: $174,0092020Assets 2021: $166,509Liabilities 2021: $2,500Net Assets 2021: $164,0092021Assets 2022: $164,616Liabilities 2022: $2,500Net Assets 2022: $162,1162022Assets 2023: $132,607Liabilities 2023: $500Net Assets 2023: $132,1072023Assets 2024: $67,955Liabilities 2024: $0Net Assets 2024: $67,9552024

Highlighted filing

2021

Assets$166,509
Liabilities$2,500
Net Assets$164,009

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2015: $79,000Expenses 2015: $43,794Net Income 2015: $35,2062015Revenue 2016: $82,000Expenses 2016: $46,132Net Income 2016: $35,8682016Revenue 2017: $78,000Expenses 2017: $43,026Net Income 2017: $34,9742017Revenue 2018: $52,500Expenses 2018: $84,598Net Income 2018: -$32,0982018Revenue 2019: $82,000Expenses 2019: $39,873Net Income 2019: $42,1272019Revenue 2020: $84,000Expenses 2020: $59,267Net Income 2020: $24,7332020Revenue 2021: $72,000Expenses 2021: $74,000Net Income 2021: -$2,0002021Revenue 2022: $76,200Expenses 2022: $78,093Net Income 2022: -$1,8932022Revenue 2023: $68,001Expenses 2023: $98,010Net Income 2023: -$30,0092023Revenue 2024: $0Expenses 2024: $64,152Net Income 2024: -$64,1522024

Highlighted filing

2021

Revenue$72,000
Expenses$74,000
Net Income-$2,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 30, 2022
Return Version
2021v4.2
Gross Receipts
$72,000
Mission and Program Overview

Mission

The mission of the bering sea pot cod cooperative is to promote, foster and encourage the orderly and efficient harvest of pacific cod using pot gear in the waters of the bering sea and aleutian islands. Through active participation in research, regulation and continuous improvement of "best fishing practices" the bering sea pot cod cooperative seeks to ensure the fishery remains healthy and sustainable for future generations.

The mission of the Bering Sea Pot Cod Cooperative is to promote, foster, and encourage the orderly and efficient harvest of Pacific Cod using pot gear in the waters of the Bering Sea and Aleutian Islands. Through active participation in research, regulation, and continuous improvement of "best fishing practices" the Bering Sea Pot Cod Cooperative seeks to ensure the fishery remains healthy and sustainable for future generations.

Program Services

DescriptionGrantsExpenses
Actively participating in research, regulation, and continuous improvement of "best fishing practices," the Bering Sea Pot Cod Cooperative seeks to ensure the fishery remains healthy and sustainable for future generations. Representatives attended the North Pacific Fishery Management Council, Alaska Board of Fisheries meetings, and Alaska Business Officials meetings to report relevant issues. Additionally, one newsletter was created and distributed in 2021.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dennis DeaverPresident-$0--
Scott Campbell JrVice President-$0--
Nate StoneSecretary/Treasurer-$0--
Lance FarrDirector-$0--
Gary PainterDirector-$0--
Eric PedersonDirector-$0--
Mike ShelfordDirector-$0--
Louie LowenbergDirector-$0--
Matt RobinsonDirector-$0--
Craig LowenbergManagerPT$0--
Filing and Contact Details

Filer

Filer Name
Bering Sea Pot Cod Cooperative
EIN
46-1055515
Phone
6024517752
Address
12042 SE Sunnyside Rd PMB 333, Clackamas, OR 97015

Signing Officer

Name
Craig Lowenberg
Title
Manager
Phone
6024517752
Signed
2022-03-30
Discuss with paid preparer
Yes

Preparer

Firm
Greenwood Ohlund PS
Address
4241 21st Ave W Suite 400, Seattle, WA 98199
Preparer
Jason P Mallon CPA
Phone
2067821767
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Bank Service Charges. Amount: 138.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: Uncollectible receivables. Amount: -8,000.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Accounts Receivable. Beg. of Year Amount: 8,000. End of Year Amount: 4,000. Description: Prepaid Expenses. Beg. of Year Amount: 4,272. End of Year Amount: 4,167.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accounts Payable. Beg. of Year Amount: 2,500. End of Year Amount: 2,500.

Raw XML Appendix154 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.

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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings