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← ALASKA SUSTAINABLE FISHERIES TRUST INC

Form 990 for tax year 2024

Filed by ALASKA SUSTAINABLE FISHERIES TRUST INC.

Totals

Total revenue
$804,640
Total expenses
$652,688
Contributions and grants received
$708,450
Grants paid
$0
Program service revenue
$81,176
Investment income
$14
Other revenue
$15,000
Total assets, end of year
$3,777,676
Total liabilities, end of year
$1,311,728
Net assets or fund balances, end of year
$2,465,948
Program services expenses (Part IX)
$581,166
Management and general expenses
$71,522
Fundraising expenses
$0
Program service expenses (Part III)
$595,666

Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $708,450

  • 2a · Program service revenue: PARTICIPANT LOAN INTEREST

    total $43,467 · related or exempt $43,467

  • 2b · Program service revenue: FISHING QUOTA LEASE INCOME

    total $37,709 · related or exempt $37,709

  • 3 · Investment income

    total $14 · excluded $14

  • 6a · Gross rents

    real property $15,000

  • 6c · Rental income or loss

    real property $15,000

  • 6d · Net rental income or loss

    total $15,000 · related or exempt $15,000

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $130,439 · program services $124,308 · management and general $6,131

  • 9 · Other employee benefits

    total $524 · program services $498 · management and general $26

  • 10 · Payroll taxes

    total $11,486 · program services $10,898 · management and general $588

  • 11c · Fees: accounting

    total $14,450 · management and general $14,450

  • 11g · Fees: other

    total $375,234 · program services $358,290 · management and general $16,944

  • 12 · Advertising and promotion

    total $1,794 · program services $1,794

  • 13 · Office expenses

    total $8,348 · program services $2,348 · management and general $6,000

  • 16 · Occupancy

    total $11,981 · program services $4,218 · management and general $7,763

  • 17 · Travel

    total $11,369 · program services $11,363 · management and general $6

  • 20 · Interest

    total $16,718 · program services $16,718

  • 23 · Insurance

    total $19,614 · management and general $19,614

  • 24a · Other expenses: REPOSSESSION LOSS

    total $46,838 · program services $46,838

  • 24b · Other expenses: PROGRAM EXPENSES

    total $3,498 · program services $3,498

  • 24c · Other expenses: BANK CHARGES

    total $395 · program services $395

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $717,071 · end of year $837,685

  • 4 · Accounts receivable

    beginning of year $115,134 · end of year $138,447

  • 7 · Other notes and loans receivable

    beginning of year $1,116,193 · end of year $726,449

  • 9 · Prepaid expenses and deferred charges

    beginning of year $800 · end of year $800

  • 15 · Other assets

    beginning of year $1,737,746 · end of year $2,074,295

  • 17 · Accounts payable and accrued expenses

    beginning of year $69,095 · end of year $278,401

  • 23 · Secured mortgages and notes payable

    beginning of year $1,303,853 · end of year $1,033,327

  • 27 · Net assets without donor restrictions

    beginning of year $1,962,738 · end of year $2,114,039

  • 28 · Net assets with donor restrictions

    beginning of year $351,258 · end of year $351,909

Mission and programs · 2024

Mission

CREATE A FISHERIES CONSERVATION NETWORK

  • TO STRENGTHEN THE HEALTH OF ALASKA FISHING COMMUNITIES AND MARINE RESOURCES BY INVESTING IN SUSTAINABLE HARVESTING PRACTICES AND MARKETING

    Expenses $595,666 · Revenue $81,176

As filed on the 2024 return.

Listed in Part VII

  • Linda Behnken

    PRESIDENT

    Total calculated
    $0

  • Dan Falvey

    VP/SECRETARY

    Total calculated
    $0

  • Greg Indreland

    TREASURER

    Total calculated
    $0

  • Karen Johnson

    DIRECTOR

    Total calculated
    $0

  • Dan Lesh

    DIRECTOR

    Total calculated
    $0

  • Aaron Overland

    DIRECTOR

    Total calculated
    $0

  • Stephen Rhoads

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • LOCAL FISH FUND2 LLC

    LOANS · AK

    Directly controlled by ASFT ALASKA SUSTAINABLE FISHERIES TRUST

Provenance

Return type
form_990
Tax year
2024
Filed
8 November 2025
IRS schema version
2024v5.0
Source object
202503169349305570

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