Northern Southeast Regional Aquaculture Association Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO INCREASE SALMON RETURNS TO BENEFIT COMMERCIAL AND OTHER COMMON PROPERTY USERES IN NORTHERN SOUTHEAST ALASKA.
- Income
- $11.1 million
- Spending
- $11.7 million
- Spent on programs
- 86%
- Reserves
- 15.5 months of spending
- Largest source of income
- other income, 67%
- Employees
- 100
- Highest pay
- $254,110, general mana
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 63% of charities in its peer group (animals, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 15.5 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 8% of charities in its peer group (animals, $10m to $100m).
Independent board
25 of 2525 of 25 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $10.0 million spent. 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 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 GENERALLY IN EXCESS OF 10 MILLION EACH YEAR. IN 2024, NSRAA VALUE TO COMMERCIAL FISHERIES WAS 13.40 MILLION. 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 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 GENERALLY IN EXCESS OF 10 MILLION EACH YEAR. IN 2024, NSRAA VALUE TO COMMERCIAL FISHERIES WAS 13.40 MILLION.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1977.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.