Nonprofit · EIN 86-1116341
COMMERCIAL FISHERIES RESEARCH FOUNDATION INC
Tax-exempt · SAUNDERSTOWN, RI 02874
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,922,479 | $4,014,299 | -$91,820 | $1,701,449 | $254,396 | $1,447,053 |
| June 30, 2024 | 990 | $4,855,109 | $4,488,912 | $366,197 | $1,789,977 | $251,104 | $1,538,873 |
| June 30, 2023 | 990 | $2,891,319 | $2,142,534 | $748,785 | $1,486,237 | $313,561 | $1,172,676 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,915,951
- of which government grants
- $811,251
- Program service revenue
- $0
- Investment income
- $6,528
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $170,526
- Salaries, compensation and benefits (total)
- $1,468,754
- Professional fundraising fees
- $0
- Legal fees
- $1,859
- Accounting fees
- $18,000
- Travel
- $63,252
- Depreciation
- $20,581
- Program services (functional)
- $3,377,688
- Management and general (functional)
- $636,611
Balance sheet and other
- Total assets, start of year
- $1,789,977
- Total assets, end of year
- $1,701,449
- Total liabilities, end of year
- $254,396
- Net assets, end of year
- $1,447,053
- Land, buildings and equipment
- $25,125
- Net assets without donor restrictions
- $406,892
- Net assets with donor restrictions
- $1,040,161
- Gross receipts
- $3,922,479
- Employees
- 18
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- RI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| N DAVID BETHONY | EXECUTIVE DIRECTOR Trustee or director, Officer, Highest-paid employee | 40 | $170,526 |
| FRED MATTERA | PRESIDENT Trustee or director, Officer | 12 | $10,000 |
| JOHN KENNEDY | VICE-PRESIDENT Trustee or director, Officer | 12 | $0 |
| CHRIS LEE | TREASURER Trustee or director, Officer | 12 | $0 |
| DONALD FOX | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF GRANT | BOARD MEMBER Trustee or director | 1 | $0 |
| JON KNIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS ROEBUCK | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK SWEITZER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MARCHETTI | BOARD MEMBER Trustee or director | 1 | $0 |
| KATIE ALMEIDA | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| N DAVID BETHONY | EXECUTIVE DIRECTOR Trustee or director, Officer, Highest-paid employee | 40 | $170,446 |
| FRED MATTERA | PRESIDENT Trustee or director, Officer | 12 | $10,000 |
| JOHN KENNEDY | VICE-PRESIDENT Trustee or director, Officer | 12 | $0 |
| CHRIS LEE | TREASURER Trustee or director, Officer | 12 | $0 |
| DONALD FOX | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF GRANT | BOARD MEMBER Trustee or director | 1 | $0 |
| JON KNIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS ROEBUCK | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK SWEITZER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MARCHETTI | BOARD MEMBER Trustee or director | 1 | $0 |
| KATIE ALMEIDA | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| N DAVID BETHONY | EXECUTIVE DIRECTOR Trustee or director, Officer, Highest-paid employee | 35 | $134,273 |
| FRED MATTERA | PRESIDENT Trustee or director, Officer | 12 | $10,000 |
| JOHN KENNEDY | VICE-PRESIDENT Trustee or director, Officer | 12 | $0 |
| CHRIS LEE | TREASURER Trustee or director, Officer | 12 | $0 |
| DONALD FOX | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF GRANT | BOARD MEMBER Trustee or director | 1 | $0 |
| JON KNIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS ROEBUCK | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK SWEITZER | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL MARCHETTI | BOARD MEMBER Trustee or director | 1 | $0 |
| KATIE ALMEIDA | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 278, SAUNDERSTOWN, RI 02874-0278
- In care of
- % COMMERCIAL FISHERIES RESEARCH FOU
- Principal officer (990 for 2024)
- FRED MATTERA, 46 SAND WEDGE LANE, SOUTH KINGSTOWN, RI 02879
- Signed the 990
- FRED MATTERA, PRESIDENT
- Phone
- (401) 515-4662
- Website
- www.cfrfoundation.org
- Return prepared by
- GOLDEN GORMLY & COMPANY
Mission
THE MISSION OF THE COMMERCIAL FISHERIES RESEARCH FOUNDATION IS TO SUPPORT AND CONDUCT RESEARCH AND EDUCATION THAT ASSISTS IN THE ACHIEVEMENT OF SUSTAINABLE FISHERIES THROUGH THE GENERATION OF BETTER INFORMATION AND EFFECTIVE TECHNOLOGIES FOR THE BENEFIT
Program accomplishments
- REVOLUTION WIND VENTLESS TRAP SURVEY GATHERS INFORMATION ABOUT THE POPULATION, MOVEMENT AND HABITAT USAGE OF LOBSTERS AND JONAH CRABS IN THE LEASE AREA WHERE THE REVOLUTION WIND FARM IS BEING CONSTRUCTED. THE SURVEY WILL BE CONDUCTED BEFORE, DURING AND AFTER THE BUILDING OF THE WIND FARM TO DETERMINE WHETHER THE CONSTRUCTION IMPACTS THESE SPECIES.Expenses $467,898 · revenue $664,884
- SUNRISE WIND TRAWL SURVEY IS A COLLABORATION BETWEEN CFRF AND THE UNIVERSITY OF MASSACHUSETTS DARTMOUTH SCHOOL FOR MARINE SCIENCE AND TECHNOLOGY AND LOCAL FISHERMEN. THE SURVEY IS DESIGNED TO ASSESS THE SEASONAL ABUNDANCE, DISTRIBUTION AND POPULATION STRUCTURE OF FISH IN THE REVOLUTION AND SUNRISE WIND LEASE AREAS PRIOR TO THE CONSTRUCTION OF THE REVOLUTION WIND FARM AND SUNRISE WIND FARM.Expenses $540,641 · revenue $395,063
- CFRF IN PARTNERSHIP WITH LOCAL FISHERMEN ARE CONDUCTING PRE- CONSTRUCTION FISHERIES MONITORING SURVEYS OF THE SOUTH FORK OFFSHORE WIND FARM. IT INCLUDES UP TO 15 WIND TURBINE GENERATORS,SUBMARINE CABLES BETWEEN TURBINES AND OFFSHORE SUBSTATION. THE PROJECT AIMS TO COLLECT PRE-CONSTRUCTION DATA ON 1)THE ABUNDANCE,SIZE STRUCTURE, AND DISTRIBUTION OF MARINE SPECIES AND 2)OCEANOGRAPHIC DATA THAT CAN BE USED TO CHARACTERIZE THE CONDITIONS OF THE SOUTH FORK WIND FARM LEASE AREA.Expenses $1,147,690 · revenue $1,522,508
- THE BLACK SEA BASS RESEARCH FLEET, SHELF RESEARCH, SEA SCALLOP PROGRAMS, SQUID JIGGING AND OTHER PROJECTS ARE MAINTAINED AND OVERSEEN BY CFRF THROUGHOUT THE YEAR.Expenses $1,221,459 · revenue $1,333,496
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1116341
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Animal-related (D99)
- Assets (IRS master file)
- $1,701,449
- Income (IRS master file)
- $3,922,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,922,479 | $4,014,299 | $1,701,449 | XML |
| 990 | June 2024 | $4,855,109 | $4,488,912 | $1,789,977 | XML |
| 990 | June 2023 | $2,891,319 | $2,142,534 | $1,486,237 | XML |
| 990 | June 2022 | $1,827,254 | $1,953,512 | $608,181 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-1116341).
Questions about COMMERCIAL FISHERIES RESEARCH FOUNDATION INC
- What is the EIN of COMMERCIAL FISHERIES RESEARCH FOUNDATION INC?
- The employer identification number (EIN) of COMMERCIAL FISHERIES RESEARCH FOUNDATION INC is 86-1116341.
- Is COMMERCIAL FISHERIES RESEARCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to COMMERCIAL FISHERIES RESEARCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMERCIAL FISHERIES RESEARCH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMERCIAL FISHERIES RESEARCH FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMERCIAL FISHERIES RESEARCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COMMERCIAL FISHERIES RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names FRED MATTERA.
- Who are the officers and directors of COMMERCIAL FISHERIES RESEARCH FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $170,526 (N DAVID BETHONY, EXECUTIVE DIRECTOR).
- How much revenue does COMMERCIAL FISHERIES RESEARCH FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,922,479, expenses of $4,014,299 and total assets of $1,701,449 at year end.
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