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Cape Ann Fisheries Development Corporation

  • Gloucester, MA
  • Tax-exempt since Nov. 1998
  • EIN: 04-3422217

Organization summary

Type of Nonprofit

Designated as a Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Category: Unknown / Unclassified (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$542k (2023)

Expenses
$408k (2023)

Total Assets
$3.14M (2023)

Total Liabilities
$5.02M (2023)

Source: Form 990 tax filings from 2011 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
$541,803
Expenses
$407,921
Net Income
$133,882
Net Assets
-$1,876,998
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $519,000
95.8%
Investment Income $22,803
4.2%
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 $3,140,467
Total Liabilities $5,017,465
Net Assets -$1,876,998
Compensation
Key Employees and Officers Compensation Related Other
David Marsh (Director) $0 $0 $0
William Grogan (President) $0 $0 $0
Gary Stuart Walker (Treasurer) $0 $0 $0
Ricks P Frazier (Clerk (Thru 03/2023)) $0 $0 $0
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Document Links

990
Filed on March 18, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$508,030
Expenses
$411,054
Net Income
$96,976
Net Assets
-$2,010,880
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $507,275
99.9%
Investment Income $755
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 $3,123,151
Total Liabilities $5,134,031
Net Assets -$2,010,880
Compensation
Key Employees and Officers Compensation Related Other
David Marsh (Director) $0 $0 $0
William Grogan (President) $0 $0 $0
Gary Stuart Walker (Treasurer) $0 $0 $0
Ricks Frazier (Clerk) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$463,374
Expenses
$397,041
Net Income
$66,333
Net Assets
-$2,107,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $460,547
99.4%
Investment Income $802
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,025
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,121,984
Total Liabilities $5,229,840
Net Assets -$2,107,856
Compensation
Key Employees and Officers Compensation Related Other
David Marsh (Director) $0 $0 $0
Ricks Frazier (Clerk) $0 $0 $0
William Grogan (President) $0 $0 $0
Gary Stuart Walker (Treasurer) $0 $0 $0
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Document Links

990
Filed on March 25, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$474,890
Expenses
$421,105
Net Income
$53,785
Net Assets
-$2,174,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $470,840
99.1%
Investment Income $4,050
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 $3,122,898
Total Liabilities $5,297,087
Net Assets -$2,174,189
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President (End 7/17/19)) $0 $0 $0
Zachary Greene (Treasurer (End 9/30/19)) $0 $0 $0
Ricks Frazier (Clerk) $0 $0 $0
Gary Stuart Walker (Treasurer (Start 10/24/19)) $0 $0 $0
William Grogan (Director; President As Of 10/24/19) $0 $0 $0
David Marsh (Director) $0 $0 $0
Dena Kavanagh (Director (End 8/1/19)) $0 $0 $0
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Document Links

990
Filed on Jan. 19, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$338,890
Expenses
$437,131
Net Income
-$98,241
Net Assets
-$2,227,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $338,890
100%
Investment Income $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 $3,210,331
Total Liabilities $5,438,305
Net Assets -$2,227,974
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President) $0 $0 $0
Zachary Greene (Treasurer) $0 $0 $0
William Grogan (Director) $0 $0 $0
David Marsh (Director) $0 $0 $0
Dena Kavanagh (Director) $0 $0 $0
Zachary Dovitz (Clerk (End 10/26/18)) $0 $0 $0
Ricks Frazier (Clerk (Start 12/6/18)) $0 $0 $0
+ View more people

Document Links

990
Filed on Jan. 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$396,055
Expenses
$427,013
Net Income
-$30,958
Net Assets
-$2,129,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $396,055
100%
Investment Income $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 $3,284,603
Total Liabilities $5,414,336
Net Assets -$2,129,733
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President) $0 $0 $0
Zachary Greene (Treasurer) $0 $0 $0
William Grogan (Director) $0 $0 $0
David Marsh (Director) $0 $0 $0
Patricia Deangelis (Clerk (End 1/9/2018)) $0 $0 $0
Dena Kavanagh (Director (Start 1/9/18)) $0 $0 $0
Zachary Dovitz (Clerk (1/9 10/26/18)) $0 $0 $0
+ View more people

Document Links

990
Filed on Jan. 21, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$412,905
Expenses
$435,387
Net Income
-$22,482
Net Assets
-$2,098,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $412,905
100%
Investment Income $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 $3,251,765
Total Liabilities $5,350,540
Net Assets -$2,098,775
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President) $0 $0 $0
Zachary Greene (Treasurer) $0 $0 $0
William Grogan (Director) $0 $0 $0
David Marsh (Director) $0 $0 $0
Patricia Deangelis (Clerk) $0 $0 $0
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Document Links

990
Filed on Jan. 23, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$387,877
Expenses
$434,433
Net Income
-$46,556
Net Assets
-$2,076,293
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $387,877
100%
Investment Income $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 $3,344,074
Total Liabilities $5,420,367
Net Assets -$2,076,293
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President) $0 $0 $0
Zachary Greene (Treasurer) $0 $0 $0
William Grogan (Director) $0 $0 $0
David Marsh (Director) $0 $0 $0
Patricia Deangelis (Clerk) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 10, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$393,469
Expenses
$440,703
Net Income
-$47,234
Net Assets
-$2,029,737
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $393,469
100%
Investment Income $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 $3,343,829
Total Liabilities $5,373,566
Net Assets -$2,029,737
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President) $0 $0 $0
Zachary Greene (Treasurer) $0 $0 $0
William Grogan (Director) $0 $0 $0
David Marsh (Director) $0 $0 $0
Patricia Deangelis (Clerk) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$378,396
Expenses
$431,797
Net Income
-$53,401
Net Assets
-$1,982,503
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $378,128
99.9%
Investment Income $268
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 $3,464,077
Total Liabilities $5,446,580
Net Assets -$1,982,503
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lisa Alberghini (President) $0 $0 $0
Marguerite Debbie (Treasurer) $0 $0 $0
William Grogan (Director) $0 $0 $0
David Marsh (Director) $0 $0 $0
Patricia Deangelis (Clerk) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 30, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$397,388
Expenses
$414,937
Net Income
-$17,549
Net Assets
-$1,929,102
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $397,078
99.9%
Investment Income $310
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 $3,461,243
Total Liabilities $5,390,345
Net Assets -$1,929,102

Document Links

990
Filed on Jan. 9, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$415,307
Expenses
$442,939
Net Income
-$27,632
Net Assets
-$1,911,553
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $406,023
97.8%
Investment Income $9,284
2.2%
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 $3,468,618
Total Liabilities $5,380,171
Net Assets -$1,911,553

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$408,444
Expenses
$462,417
Net Income
-$53,973
Net Assets
-$1,883,921
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $376,859
92.3%
Investment Income $31,585
7.7%
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 $3,603,833
Total Liabilities $5,487,754
Net Assets -$1,883,921

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

Which Organizations Are Here?

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 »

Get the Data

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.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • 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.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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