Unified Cod Cooperative

Nonprofit profile at a glance

EIN
933844404
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
Seattle, WA, USA
Phone
2068496192
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Husbandry

Reported finances

Revenue
$65,750
Expenses
$65,990
Assets
$5,155
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • HUNTER BERNS (PRESIDENT)
  • PHILIP POWELL (VICE PRESIDENT)

People named in this filing

  • HUNTER BERNS (PRESIDENT)
  • MARCUS ALDEN (DIRECTOR)
  • PHILIP POWELL (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The cooperative was formed for the purpose of applying for, obtaining, and distributing among its members annual allocations of cooperative quota (cq) pursuant to the pacific cod trawl cooperative (pctc) program: to monitor its members' compliance with cod fishery and related by-catch restrictions imposed in accordance with applicable laws, promoting the intelligent and orderly harvest of pacific cod in the bering sea and aleutian islands, improving resource utilization, reducing waste, and exercising all the powers of a Washington fish marketing act corporation and pctc program conducive to these purposes.

What it reported doing in 2025

Support the pctc program initiatives of safety and stability, reduce bycatch through the sharing of best practices and knowledge, and ensuring the sustainability and viability of the resource.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.4%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 41.4% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 34.2% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: -13.4% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.