Ferry Cove Shellfish Inc
Ferry Cove Shellfish, an oyster hatchery on Maryland's eastern shore, produces shellfish larvae and seed and develops new techniques to improve aquaculture efficiency and cost-effectiveness. Through its hatchery and production facilities, ferry cove's goal is to facilitate the growth and long-term viability of the commercial shellfish industry and promote a thriving chesapeake bay.
Ferry Cove Shellfish Inc at a glance
- Total assets
- $111,829
- +15.2% vs 2024
- Revenue (2025)
- $3,025,657
- +104.4% vs 2024
- Expenses (2025)
- $3,102,007
- +103.8% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Ferry Cove Shellfish Inc funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $129K (2024) to $407K (2023). In 2024 it made 2 grants totaling $129K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MD Seafood Cooperative Sherwood, MD | General Operating Expenses | $118,592 |
| University of Maryland for Environmental Science Cambridge, MD | Support Mips Grant Partnership | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $111,829 | $3,025,657 | $3,102,007 | — | — |
| 2024 | $97,061 | $1,480,432 | $1,522,225 | $128,592 | 2 |
| 2023 | $152,181 | $1,723,515 | $1,722,759 | $407,116 | 1 |
| 2022 | $119,974 | $589,396 | $1,275,414 | — | — |
| 2021 | $782,377 | $1,478,724 | $723,819 | — | — |
About Ferry Cove Shellfish Inc
Based on IRS filings
Ferry Cove Shellfish Inc is a public charity focused on Environment & Animals, based in Sherwood, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $112K in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Ferry Cove Shellfish Inc is led by Stephan Abel, President since 2025 (on filings since 2021); 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Stephan Abel
President
President CEO → President, 2025
On filings since 2021
40 hrs/week
$168K (2021) → $176K (2025)
James Perdue
Member
On filings since 2021
1 hr/week
No compensation reported
Michael Roman
Member
On filings since 2021
1 hr/week
No compensation reported
Tina Davenport
Member
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $176K, to Stephan Abel (President &).
Frequently asked questions about Ferry Cove Shellfish Inc
How large is Ferry Cove Shellfish Inc?
Ferry Cove Shellfish Inc reported $112K in total assets on its 2025 IRS Form 990. Its revenue that year was $3.0M.
What is Ferry Cove Shellfish Inc?
Ferry Cove Shellfish Inc is a public charity focused on Environment & Animals, based in Sherwood, MD. It holds $112K in total assets as of 2025.
Where does Ferry Cove Shellfish Inc operate?
Ferry Cove Shellfish Inc has awarded grants in Maryland.
What is Ferry Cove Shellfish Inc's EIN?
Ferry Cove Shellfish Inc's EIN (Employer Identification Number) is 84-4611271. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 21, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 28, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Ferry Cove Shellfish Inc funds
Environment & Animals Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ferry Cove Shellfish Inc's focus areas in our free grants database
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