East Farm Commercial Fisheries Center EIN 35-2227114

East Farm Commercial Fisheries Center

EIN  35-2227114 Mutual-benefit / member-serving Wakefield, RI Founded 2003
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until East Farm Commercial Fisheries Center claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Advocates for commercial fisheries on shared concerns.
Leadership
Fred Mattera · Executive Director · $92K
Money in and out
$796K revenue, $530K expenses
Bottom line
+33% surplus margin

Advocates for commercial fisheries on shared concerns. For fiscal year 2025 it reported $796K in revenue, $530K in expenses, and $557K in net assets.Pt I

Reported financial activity · FY2025
Total revenue
$796K
Pt VIII · Ln 12
Total expenses
$530K
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $266K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Surplus margin
+33%
revenue over expenses, this year▲ +130% vs prior filing year
Program spending
86%
of expenses reach programs▲ +1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$796K
FY2025▲ +91%
Expenses
$530K
FY2025▲ +49%
Total assets
$557K
FY2025▲ +92%
Total liabilities
$0
FY2025
Total revenue
$796K
Pt VIII · Ln 12
Total expenses
$530K
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$266K
Total assetsPt X · Ln 16$557K
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $363K of program spending, described in the organization's own filed words · FY2025.
01

Apprenticeship program is a crew training program that will provide essential knowledge and skills to hard-working, self-motivated and dependable individuals.

$163Kprogram expense
02

Seafood distribution program provides healthy, fresh, sustainable seafood to local community partners to feed families in need.

$152Kprogram expense
03

To act as a fisheries representative for the bay state WIND/ORSTED us project.

$48Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEast Farm Commercial Fisheries Center
EINHdr · item D35-2227114
Principal addressHdr · item CWakefield, RI
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2003
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(5) · active
NTEE classificationIRS BMFFood & Agriculture (K20)
Ruling yearIRS BMFAug 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$92,500Pt VII · Sec A
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Fred Mattera’s $92K as Executive Director is at the 89th percentile of top reported officer pay among 1173 $100K–1M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Fred Mattera$92,500$100,000$102,500$92,500$82,500$82,788

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See East Farm Commercial Fisheries Center executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$430K · 54%
Program service revenue$362K · 45%
Investment income$4K · 1%
Contributions & grants54%$430K
Program service revenue45%$362K
Investment income1%$4K
Total revenueLn 12$796K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$456K
Management & general14%$74K
Total functional expensesLn 25$530K

Balance Sheet

Part X · end of year
CashLn 1$142K
Total assetsLn 16$557K
Total liabilitiesLn 26$0
Total net assetsLn 32$557K
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $447K · Operating expenses/yr $530K
10.1 months
Where the money goes
Program services
Program services $456K · Total expenses $530K
86%
Management & General
Management & general $74K · Total expenses $530K
14%
Fundraising
Fundraising $0 · Total expenses $530K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $234K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $430K · Total revenue $796K
54%
Government reliance
Government grants — · Total revenue $796K
Earned-income share
Program service revenue $362K · Total revenue $796K
45%
Investment reliance
Investment income $4K · Total revenue $796K
+1%
Program self-sufficiency
Program service revenue $362K · Total expenses $530K
68%
Growth & trend
Revenue growth (YoY)
This year $796K · Prior year $416K
+91%
Revenue CAGR
FY2020 $203K · FY2025 $796K
+31%
Net-asset trend (YoY)
End of year $557K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $796K · Expenses $530K
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $557K
Net-asset ratio
Net assets $557K · Total assets $557K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $304K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $557K
55%
People & payroll
Highest Reported Total Compensation
Individual Fred Mattera · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $92K · Total expenses $530K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $230K · Total expenses $530K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Revenue growth 91%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$50K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$796K revenue · viewing · ⤓ 990 PDF
FY2024$416K revenue · ⤓ 990 PDF
FY2023$388K revenue · ⤓ 990 PDF
FY2022$706K revenue · ⤓ 990 PDF
FY2021$465K revenue · ⤓ 990 PDF
FY2020$203K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.