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Northern Southeast Regional Aquaculture Association

Sitka, AK · EIN 92-0062550 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Northern Southeast Regional Aquaculture Association reported $11.1 million in revenue and $11.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.62 went to program services, $14.38 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 17.4% of the total. Government grants made up 17.4%. The highest compensation it reported for one person was $254,110 (GENERAL MANA). 3 people received more than $100,000 in reportable compensation. Revenue rose 21% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 245 covered animal-related charities: $83.96 programs, $9.42 management, $6.62 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 245 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.6%82.1%
Management & general
Part IX 25(C) ÷ 25(A)
14.4%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%6.5%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
17.4%67.3%
Government grants share of revenue
Part VIII 1e ÷ 12
17.4%0.0%
Program service revenue share
Part VIII 2g ÷ 12
8.5%19.3%
Highest reported compensation
Part VII-A, columns D–F
$254,110$314,886
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.17%1.63%
People paid over $100,000
Part VII, line 2
310
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
33.326.8
Independent voting board members
Part VI 1a–1b
25 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$10M expenses · 100.0% of program spending · grants $262K · revenue $936K

The total expenses of nsraa are directed toward producing salmon fry and smolt at four facilities (medvejie, hidden falls, gunnuk creek & sawmill creek hatcheries), and one lake stocking program at deer lake. The production of salmon fry and smolt are released to the ocean annually, and return in two to four years time, during which the fish are a public resource and belong to the citizens of the state of alaska. The purpose of raising and releasing salmon is to increase the common property catch and value in salmon fisheries throughout southeast alaska. Nsraa produces and releases…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
GENERAL MANA
Officer, 40.00 hrs/week
$214,480$0$39,630$254,110
OPERATIONS M
Highest compensated employee, 40.00 hrs/week
$124,000$0$18,715$142,715
MAINTENANCE
Highest compensated employee, 40.00 hrs/week
$106,313$0$17,749$124,062
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$2,485$0$0$2,485
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$2,205$0$0$2,205
BOARD VICE P
Director/trustee, officer, 1.00 hrs/week
$2,205$0$0$2,205
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$1,890$0$0$1,890
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$1,774$0$0$1,774

3 people received more than $100,000 in reportable compensation from Northern Southeast Regional Aquaculture Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $256K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$12M85.6%$32M$254,110
FY2024 ⓘ$11M$12M87.8%$32M$228,149
FY2023 ⓘ$15M$11M88.9%$32M$177,924
FY2022 ⓘ$10M$9.4M87.7%$27M$168,850
FY2021 ⓘ$8.2M$9.4M89.6%$27M$150,497
FY2020 ⓘ$9.2M$9.1M85.4%$27M$175,320

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 25 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MCG CONSTRUCTORS
Construction
$485,670
TETRA TECH INC
Engineering svc
$160,910

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Northern Southeast Regional Aquaculture Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Northern Southeast Regional Aquaculture Association, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All animal-related charities · Largest charities in Alaska

Questions people ask

How much of Northern Southeast Regional Aquaculture Association's spending goes to programs?

In the fiscal year ending June 30, 2025, Northern Southeast Regional Aquaculture Association reported that 85.6% of its $11.7 million in expenses went to program services, 14.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Northern Southeast Regional Aquaculture Association pay its top executive?

The largest total compensation Northern Southeast Regional Aquaculture Association reported for one person in the fiscal year ending June 30, 2025 was $254,110, for the role of GENERAL MANA (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Northern Southeast Regional Aquaculture Association get its money?

Of $11.1 million in revenue in the fiscal year ending June 30, 2025, 17.4% came from contributions and grants (including 17.4% from government grants) and 8.5% from program service revenue (Form 990, Part VIII).

Is Northern Southeast Regional Aquaculture Association a registered charity?

The IRS lists EIN 92-0062550 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349312534 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349312641 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349309304 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349308793 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349316377 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131379349311763 · read the filing

All filings for EIN 92-0062550: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.