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Cape Ann Commercial Fishermens Loan Fund Inc

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$255 (2023)

Expenses
$4.04k (2023)

Total Assets
$98.4k (2023)

Total Liabilities
$15.9k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255
Expenses
$4,043
Net Income
-$3,788
Net Assets
$82,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $206
80.8%
Investment Income $49
19.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $98,440
Total Liabilities $15,871
Net Assets $82,569
Compensation
Key Employees and Officers Compensation Related Other
Armand Aparo (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Assistant Treasurer) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,438
Expenses
$9,248
Net Income
-$6,810
Net Assets
$86,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,419
99.2%
Investment Income $19
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $102,225
Total Liabilities $15,871
Net Assets $86,354
Compensation
Key Employees and Officers Compensation Related Other
Armand Aparo (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Assistant Treasurer) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,986
Expenses
$5,668
Net Income
-$1,682
Net Assets
$666,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,284
82.4%
Investment Income $702
17.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $689,515
Total Liabilities $22,698
Net Assets $666,817
Compensation
Key Employees and Officers Compensation Related Other
Armand Aparo (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Assistant Treasurer) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,078
Expenses
$13,849
Net Income
$229
Net Assets
$668,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,810
69.7%
Investment Income $4,268
30.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $689,069
Total Liabilities $20,570
Net Assets $668,499
Compensation
Key Employees and Officers Compensation Related Other
Armand Aparo (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Assistant Treasurer) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,693
Expenses
$16,419
Net Income
$274
Net Assets
$668,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,534
99.0%
Investment Income $159
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $683,739
Total Liabilities $15,470
Net Assets $668,269
Compensation
Key Employees and Officers Compensation Related Other
Armand Aparo (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Assistant Treasurer) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
James Santapola (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,174
Expenses
$17,577
Net Income
-$403
Net Assets
$667,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,631
85.2%
Investment Income $2,543
14.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $678,765
Total Liabilities $10,770
Net Assets $667,995
Compensation
Key Employees and Officers Compensation Related Other
Armand Aparo (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Assistant Treasurer) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
James Santapola (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,527
Expenses
$20,431
Net Income
-$904
Net Assets
$668,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $18,243
93.4%
Investment Income $1,284
6.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $674,283
Total Liabilities $5,885
Net Assets $668,398
Compensation
Key Employees and Officers Compensation Related Other
Russell Sherman (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Director) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Director) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
James Santapola (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,889
Expenses
$13,366
Net Income
$11,523
Net Assets
$669,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,210
97.3%
Investment Income $679
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,200,716
Total Liabilities $531,000
Net Assets $669,716
Compensation
Key Employees and Officers Compensation Related Other
Russell Sherman (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Director) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Director) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
James Santapola (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,909
Expenses
$14,895
Net Income
$12,014
Net Assets
$658,194
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,678
99.1%
Investment Income $231
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,189,194
Total Liabilities $531,000
Net Assets $658,194
Compensation
Key Employees and Officers Compensation Related Other
Russell Sherman (President) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Director) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Director) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Frank Rose (Director) $0 $0 $0
Anthony Gross (Director) $0 $0 $0
James Santapola (Director) $0 $0 $0
Nick Giacalone (Director) $0 $0 $0
Francesco Paul Vitale (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$37,762
Expenses
$18,285
Net Income
$19,477
Net Assets
$646,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $37,715
99.9%
Investment Income $47
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,180,075
Total Liabilities $533,897
Net Assets $646,178
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Russell Sherman (President) $0 $0 $0
Emilio Spinola (Director) $0 $0 $0
Rochelle Genovese (Treasurer) $0 $0 $0
Scott Memhard (Clerk) $0 $0 $0
Joseph Orlando (Director) $0 $0 $0
Gaetano Brancaleone (Director) $0 $0 $0
John Ketchopulos (Director) $0 $0 $0
William Muniz (Director) $0 $0 $0
Russell Sherman (Director) $0 $0 $0
Al Cottone (Director) $0 $0 $0
Mark Ring (Director) $0 $0 $0
Michael Frontiero (Director) $0 $0 $0
Maryann Bland (Director) $0 $0 $0
Armand Aparo (Director) $0 $0 $0
Richard Burgess (Director) $0 $0 $0
Peter Mondello (Director) $0 $0 $0
Scott Memhart (Director) $0 $0 $0
Rochelle Genovese (Director) $0 $0 $0
Mark Ring (Vice President) $0 $0 $0
Maryanne Bland (Asst. Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,753
Expenses
$19,621
Net Income
$17,132
Net Assets
$626,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $36,653
99.7%
Investment Income $100
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $630,598
Total Liabilities $3,897
Net Assets $626,701

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,831
Expenses
$33,960
Net Income
-$7,129
Net Assets
$609,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,501
98.8%
Investment Income $330
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,042
17.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,684
10.8%
Assets/Debt
Total Assets $612,144
Total Liabilities $2,575
Net Assets $609,569

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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