PACIFIC SEAFOOD PROCESSORS ASSOCIATION

EIN: 910131370

SEATTLE, WA

Total Revenue
$1,074,307
Total Expenses
$1,490,477
Total Assets
$630,851
Net Assets
$630,851
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
WA
Principal Officer
JULIE DECKER
Phone
2062811667
Tax Period
2023-01-01 to 2023-12-31

PACIFIC SEAFOOD PROCESSORS ASSOCIATION, founded in 1914, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 39% operating deficit.

Mission

THE ASSOCIATION'S PURPOSE IS TO PRESERVE, FOSTER AND PROMOTE THE SEAFOOD PROCESSING INDUSTRY AND TO REPRESENT THE INDUSTRY'S INTEREST.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,071,111
Investment Income $0
Other Revenue $3,196
TOTAL REVENUE $1,074,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $652,566
Fundraising Expenses $0
Other Expenses $837,911
TOTAL EXPENSES $1,490,477

Year-over-Year Comparison

2023 2022 Change
Revenue $1,074,307 $1,661,102 -0.4%
Expenses $1,490,477 $1,735,204 -0.1%
Net Income $-416,170 $-74,102 +4.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
5
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$51,458
Total Directors
8
$0
Key Employees
2
$562,988
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN HENDERSCHEDT CHAIRMAN OF THE BOARD 5.00
Officer Director
$0 $0 $0
MARK JOHAHNSON TREASURER OF THE BOARD 5.00
Officer Director
$0 $0 $0
CORA CAMPBELL SECRETARY/VICE CHAIRMAN OF THE BOARD 5.00
Officer Director
$0 $0 $0
JAMES MIZE BOARD MEMBER 3.00
Director
$0 $0 $0
PHIL YOUNG BOARD MEMBER 3.00
Director
$0 $0 $0
STEFANIE MORELAND BOARD MEMBER 3.00
Director
$0 $0 $0
TOM ENLOW BOARD MEMBER 3.00
Director
$0 $0 $0
SINCLAIR WILT BOARD MEMBER 3.00
Director
$0 $0 $0
JULIE DECKER PRESIDENT 50.00
Officer
$51,458 $0 $51,458
KRISTINE LYNCH VP - WASHINGTON, DC 50.00
Key Emp
$266,526 $30,592 $297,118
NICOLE KIMBALL VP - ALASKA 50.00
Key Emp
$226,470 $39,400 $265,870
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,074,307 $1,490,477 $630,851 $-416,170
2022 $1,661,102 $1,735,204 $1,074,939 $-74,102
2021 $1,628,443 $1,270,054 $1,149,041 $358,389
2020 $1,324,028 $1,440,597 $790,652 $-116,569
2019 $1,825,760 $1,895,404 $907,221 $-69,644
2018 $1,842,508 $1,697,624 $976,865 $144,884
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