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Northern Southeast Regional Aquaculture Association Inc.

Northern Southeast Regional Aquaculture Association Inc.

Sitka, AK
Tax ID92-0062550

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About this organization

Revenue

$7,564,330

Expenses

$8,291,558

Website

nsraa.org

Mission

To assist in the restoration and rehabilitation of Alaska's salmon stocks, and to supplement the fisheries of Alaska by utilizing artificial propagation to enhance the availability of salmon to all common property users, without adversely affecting wild salmon stocks.

About

The total expenses of NSRAA are directed toward producing salmon fry and smolt at four facilities (Medvejie, Hidden Falls, Gunnuk Creek & SMC hatcheries), one lake stocking program at Deer Lake, and several spawning channels in the Haines area. 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 approximately 250 million chum salmon fry, 7.5 million coho smolt, and 3.4 million chinook smolt annually. The value to commercial and sports fisheries is in excess of $10 million each year. In 2018, NSRAA value to commercial fisheries was $28.5 million.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “To increase salmon returns to benefit commercial and other common property users in northern southeast alaska.”.

When describing its duties, they were characterized as: “To assist in the restoration and rehabilitation of alaska's salmon stocks, and to supplement the fisheries of alaska by utilizing artificial propagation to enhance the availability of salmon to all common property users, without adversely affecting wild salmon stocks.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as AK.
  • The filing shows that the non-profit's address as of 2019 is 1308 SAWMILL CREEK ROAD, SITKA, AK, 99835.
  • As of 2019, the non-profit has reported a total of 59 employees on their form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$727,228.
  • The organization has 25 independent voting members.
  • The organization was formed in 1977.
  • The organization pays $2,676,277 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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