2019-11-15T18:26:19-06:00 2018-12-31 KPMG LLP 701 West 8th Avenue Suite 600 Anchorage AK 99501 990 2018-01-01 920142567 BRISTOL BAY ECONOMIC DEVELOPMENT CORPORATION % STACI FIESER BRIS 9078424370 PO BOX 1464 DILLINGHAM AK 99576 STACI FIESER CFO 9078430723 2019-11-06 true LISA MEYER P01490170 9072651200 167.68.102.5 92003420193195000002 2019-11-15 P 01A7AB32502A7C9F437958FA580F304454321A8D C88456D872B8468483A5B6DB9C14BF48AFE7A27F 2018 2020-03-31 21:24:44Z NORMAN VAN VACTOR PO BOX 1464 DILLINGHAM AK 99576 131275364 false X WWW.BBEDC.COM X 1992 AK TO PROMOTE ECONOMIC GROWTH AND OPPORTUNITIES FOR RESIDENTS OF ITS MEMBER COMMUNITIES THROUGH SUSTAINABLE USE OF THE BERING SEA RESOURCES. 17 11 45 0 663406 0 8000 0 24731120 27344187 4062692 6771887 677873 138617 29479685 34254691 12622307 13056937 0 0 2683538 2459982 0 0 0 6094472 2898358 21400317 18415277 8079368 15839414 269695811 271270761 19348520 18434546 250347291 252836215 X IT IS THE PURPOSE OF THE BRISTOL BAY ECONOMIC DEVELOPMENT CORPORATION TO PROMOTE ECONOMIC GROWTH AND OPPORTUNITIES FOR RESIDENTS OF ITS MEMBER COMMUNITIES THROUGH SUSTAINABLE USE OF THE BERING SEA RESOURCES. false false 7879053 7860665 COMMUNITY AND BUSINESS DEVELOPMENT - THE COMMUNITY BLOCK GRANT (CBG) PROGRAM PROVIDES BBEDC'S CDQ COMMUNITIES WITH THE OPPORTUNITY TO FUND PROJECTS THAT PROMOTE SUSTAINABLE COMMUNITY AND REGIONAL ECONOMIC DEVELOPMENT. THE FUNDING PER COMMUNITY WAS $500,000 FOR 2018 (SAME AS 2017). $7,733,387 WAS REQUESTED AND AWARDED TO CDQ COMMUNITIES. THE INFRASTRUCTURE GRANT FUND (IGF) PROGRAM PROVIDES BBEDC COMMUNITIES WITH A SOURCE OF FUNDS FOR BROAD PUBLIC INFRASTRUCTURE AS WELL AS BUSINESS INFRASTRUCTURE DEVELOPMENT. TRIBAL AND/OR CITY GOVERNMENTS ARE ELIGIBLE TO APPLY FOR UP TO $2,000,000. NO COMMUNITIES WERE AWARDED THE GRANT IN 2018 (SAME AS 2017). THE ARCTIC TERN PROGRAM PROVIDES FUNDING FOR COMMUNITIES TO SUPPORT EMPLOYMENT AND EDUCATIONAL ACTIVITIES FOR RESIDENT YOUTH UNDER THE AGE OF 17. IN 2018, $58,275 WAS AWARDED (DOWN FROM $75,950 IN 2017). THE INTEREST RATE ASSISTANCE PROGRAM PROVIDED $40,604 IN INTEREST RATE ASSISTANCE TO 21 RESIDENTS (DOWN FROM 25 RESIDENTS AND $44,252 IN 2017). GRANT WRITING ASSISTANCE OF $24,913 AND TECHNICAL ASSISTANCE OF $3,486 WAS PROVIDED TO COMMUNITIES IN 2018. 2485689 1517027 99500 REGIONAL FISHERIES DEVELOPMENT - RECOGNIZING THAT THE QUICKEST WAY TO INCREASE THE VALUE OF BRISTOL BAY SALMON WAS THROUGH CHILLING, BBEDC EMBARKED ON AN AMBITIOUS PROGRAM TO PROVIDE ICE TO THE REGION'S FISHERMEN. IN 2018, BBEDC'S VESSEL UPGRADE PROGRAM ASSISTED 68 FISHERMEN WITH VESSEL UPGRADES FOR A TOTAL OF $1,052,803 AND 1 FISHERMAN WITH AN IN-SEASON EMERGENCY PROVISION GRANT OF $10,556 (UP FROM 57 FISHERMEN AND $697,596 IN 2017). BBEDC CONTINUED WITH ITS QUALITY IMPROVEMENTS PROGRAM BY PURCHASING 38 TOTES FOR 15 FISHERMEN (UP FROM 15 TOTES FOR 8 FISHERMEN IN 2017), 38 SLUSH BAGS FOR 13 FISHERMEN (UP FROM 30 SLUSH BAGS FOR 11 FISHERMEN IN 2017), PROVIDING FLEX FOAM INSULATION TO 9 FISHERMEN (UP FROM 6 FISHERMEN IN 2017), AND PURCHASING PADDED DECK MATS FOR 9 FISHERMEN (DOWN FROM 19 FISHERMEN IN 2017). RSW FLEET SUPPORT OFFERED GRANTS UP TO $1,000 FOR FISHERMEN THAT HAD RSW SYSTEMS ON BOARD THEIR VESSELS. 17 FISHERMEN WERE AWARDED A TOTAL OF $11,962 (DOWN FROM 20 FISHERMEN AND $14,039 IN 2017). 10 FISHERMEN WERE AWARDED WITH RSW SYSTEMS TOTALING $219,512 (DOWN FROM 14 FISHERMEN AND $269,828 IN 2017). PRE-SEASON ADVANCE LOANS WERE AWARDED TO 43 INDIVIDUALS IN 2018 (UP FROM 36 IN 2017). IN ADDITION, TWO ICE BARGES DELIVERED 1,619,030 POUNDS OF ICE (DOWN FROM 1,891,920 POUNDS IN 2017) AND $149,120 WAS AWARDED TO FUND FISHERIES HABITAT PROTECTION (UP FROM $50,000 IN 2017). 1633858 1227505 38488 EDUCATION, EMPLOYMENT, AND TRAINING - THIS PROGRAM OFFERS OPPORTUNITIES TO BBEDC'S CDQ RESIDENTS BY HELPING THEM DEVELOP THEIR SKILLS AND IMPROVE THE ECONOMIC CONDITIONS OF THE REGION. BBEDC'S EDUCATION PROGRAMS CONTINUED PROVIDING RESIDENTS WITH SKILLED LEARNING OPPORTUNITIES. THE COLLEGE DEVELOPMENT FUND PROVIDED BENEFITS TO 85 RESIDENTS WITH FUNDS OF $113,813 (DOWN FROM $137,182 AND 105 RESIDENTS IN 2017). IN 2018, BBEDC'S VOCATIONAL/TECHNICAL PROGRAM ASSISTED 97 RESIDENTS WITH FUNDS OF $227,952 (DOWN FROM 103 RESIDENTS AND $300,928 IN 2016). BBEDC'S COMMUNITY AND GROUP TRAININGS PROVIDED $334,169 WORTH OF ASSISTANCE (DOWN FROM OVER $363,933 IN 2017). BBEDC CONTINUED ITS FINANCIAL SUPPORT TO THE UAF-BRISTOL BAY CAMPUS FOR ITS ADULT BASIC EDUCATION/GED COURSE SPONSORSHIP IN THE AMOUNT OF $40,000 (SAME IN 2017) AS WELL AS PROVIDED A $10,000 CONTRIBUTION TO THEIR NURSING PROGRAM. THE STUDENT LOAN FORGIVENESS PROGRAM PROVIDED 7 RESIDENTS WITH FUNDS TOTALING $20,614 (DOWN FROM $49,070 FOR 8 RESIDENTS IN 2017). BBEDC'S INTERNSHIP PROGRAMS CONTINUED WITH 7 RESIDENTS BENEFITING FROM THE IN-REGION INTERSHIPS (DOWN FROM 13 IN 2017), AND 20 YOUTH BENEFITING FROM YOUTH INTERNSHIPS (SAME AS 2017). THE NON-REGION BASED INTERNSHIP PROGRAM WAS PLACED ON HOLD IN 2018. BBEDC'S EMPLOYMENT OPPORTUNITIES CONTINUED PROVIDING SEASONAL EMPLOYMENT TO 38 RESIDENTS (UP FROM 34 IN 2017) AND PROVIDED 5 RESIDENTS WITH PRE-EMPLOYMENT SCREENING AND TRAVEL COSTS OF $2,472 FOR AT-SEA EMPLOYMENT (DOWN FROM 6 RESIDENTS AND $5,336 IN 2017). IN 2018, BBEDC ALSO PROVIDED FUNDING IN THE AMOUNT OF $57,337 (DOWN FROM $67,233 IN 2017) FOR A FISHERIES INITIATIVE PROGRAM WITH A LOCAL SCHOOL DISTRICT. 1691363 750000 11892998 INVESTMENT MANAGEMENT 810888 786785 PERMIT AND VESSEL LOAN PROGRAM 787113 768000 COMMUNITY LIAISONS 444096 136955 PERMIT BROKERAGE 293066 15451189 QUOTA MANAGEMENT 10000 10000 387 CONTRIBUTIONS & OTHER EXPENDITURES 4036526 2451740 27344574 16035126 false false false false false false false true false true false true false true false false true false false false false false false false false false true true true false false false false true false false false false false false false true true true true false true 77 0 true 45 true true true false false false false false false false X 17 11 true false false false false false false true true false false false true true true false false true true true true X STACI FIESER 9078424370 411 FIRST AVENUE EAST DILLINGHAM AK 995761464 H ROBIN SAMUELSEN JR CHAIRMAN OF THE BOARD 2.5 0.3 X 32084 3416 0 FRED T ANGASAN SR VICE CHAIRMAN OF THE BOARD 1.5 0.1 X 16750 1250 0 HATTIE ALBECKER SECRETARY OF THE BOARD 1.7 0.1 X 22000 1000 0 ROBERT HEYANO TREASURER OF THE BOARD 1.7 0.1 X 21500 1000 0 LOUIE ALAKAYAK SR BOARD MEMBER 0.7 0.0 X 6000 0 0 MARGIE ALOYSIUS BOARD MEMBER 0.7 0.0 X 5500 0 0 JUSTIN ALTO BOARD MEMBER 0.5 0.0 X 3000 0 0 MARK ANGASAN BOARD MEMBER 0.9 0.0 X 10000 0 0 BETTY GARDINER-WASSILY BOARD MEMBER 0.7 0.0 X 7500 0 0 KENNETH JENSEN BOARD MEMBER 0.7 0.2 X 4750 3750 0 MARY ANN JOHNSON BOARD MEMBER 0.9 0.3 X 8250 4750 0 GERDA KOSBRUK BOARD MEMBER 1.3 0.3 X 11834 2666 0 VICTOR SEYBERT BOARD MEMBER 1.6 0.1 X 17250 1250 0 FRITZ SHARP BOARD MEMBER 0.7 0.2 X 7750 3750 0 JIMMY COOPCHIAK BOARD MEMBER 0.9 0.0 X 9000 0 0 ALEXANDER TALLEKPALEK BOARD MEMBER 0.7 0.0 X 7500 0 0 PAUL HANSEN SR BOARD MEMBER 0.7 0.2 X 4000 4000 0 NORMAN VAN VACTOR PRESIDENT/CEO 40.0 0.0 X 249905 0 35024 HELEN SMEATON CHIEF OPERATING OFFICER 40.0 0.0 X 120450 0 30359 STACI FIESER CHIEF FINANCIAL OFFICER 40.0 0.0 X 120194 0 50318 CHRIS NAPOLI CHIEF ADMINISTRATIVE OFFICER 40.0 0.0 X 100664 0 30789 PAUL PEYTON SEAFOOD INVESTMENT OFFICER 40.0 0.0 X 177268 0 34191 963149 26832 180681 8 false true false ALASKA ABATEMENT CORPORATION 520 W 58TH AVENUE SUITE J ANCHORAGE AK 99518 PROF SERVICES 247827 KPMG LLP 701 W 8TH AVENUE SUITE 600 ANCHORAGE AK 995013467 AUDIT & TAX 207615 ZACHARY SCOTT COMPANY 1200 FIFTH AVENUE SUITE 1500 SEATTLE WA 98101 PROF SERVICES 177548 CATALYST MARINE ENGINEERING LLC PO BOX 825 SEWARD AK 99664 PROF SERVICES 162099 AMAK TOWING COMPANY INC PO BOX 7655 KETCHIKAN AK 99901 TOWING SERVICES 160885 6 0 CDQ ROYALTIES 110000 15451189 15451189 IFQ ROYALTIES 110000 1952743 1952743 EQUITY IN EARNINGS OF UNCONSOLIDATED AFFILIATES 110000 9530274 9199174 331100 EQUITY IN EARNINGS OF UNCONSOLIDATED AFFILIATES 310000 332306 332306 FISHING RIGHTS INVESTMENT INCOME 110000 77675 77675 27344187 2475745 2475745 0 0 0 0 0 101316815 97020673 4296142 4296142 4296142 0 0 0 0 0 0 0 0 0 BBEDC MATCHING FUNDS 110000 38488 38488 ICE SALES FROM BARGES 110000 98475 98475 PSA ADMINISTRATIVE FEES 110000 925 925 729 487 242 138617 34254691 9415224 663406 24176061 10359835 10359835 2697102 2697102 0 0 963149 228519 734630 0 902689 553664 349025 61835 22851 38984 407812 181270 226542 124497 57371 67126 0 89201 53832 35369 170193 170193 0 0 284429 284429 395132 221786 173346 21676 10561 11115 118891 9511 109380 31017 31017 0 99928 39047 60881 285879 123889 161990 0 6823 6823 0 0 173209 87183 86026 140120 76315 63805 DUES AND SUBSCRIPTIONS 58447 54350 4097 PROGRAM EXPENSES 965744 965744 UBI TAX EXPENSE 101203 101203 MISCELLANEOUS 23332 4244 19088 -66866 3623 -70489 18415277 16035126 2380151 0 0 0 18844376 25612358 0 0 6168630 7413377 0 0 0 0 0 0 0 0 1259399 155996 5920918 4248413 1775184 1672505 89523556 83631650 0 0 101153233 102945378 49368275 49368275 1603158 471222 269695811 271270761 826939 347026 18335202 18011587 0 0 0 0 1000 75327 0 0 0 0 0 0 185379 606 19348520 18434546 X 250347291 252836215 0 0 0 0 250347291 252836215 269695811 271270761 X 15839414 -12326867 -1023623 X false true X true false false true X 202399 202399 1654889 480060 1174829 438157 315792 122365 3625473 3452561 172912 1672505 INVESTMENT IN UNCONS AFFILIATE 60821264 C INVESTMENT IN IFQS 26967693 C INVESTMENT IN FISHING RIGHTS 2650000 C INVESTMENT IN CONS. AFFILIATES 12506421 F 102945378 0 STATE INCOME TAXES 606 606 20619772 -12326867 -1308052 -13634919 34254691 34254691 18130848 18130848 284429 284429 18415277 Part XI, Line 2D Equity in losses of consolidated affiliates of -1,023,623 Investment Expenses of -284,429 Part IV, Line 2B At 12/31/2018, BBEDC was in custody of $75,327 from a permit loan transaction to be used towards the purchase of a vessel that was finalized in 2019. true ALEKNAGIK TRADITIONAL COUNCIL BOX 115 ALEKNAGIK AK 99555 942857786 TRAD'L COUNCIL 568332 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CITY OF DILLINGHAM BOX 889 DILLINGHAM AK 99576 920030674 CITY 68339 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT; GROUP TRAININGS SEASONAL & YOUTH EMPLOYMENT; GROUP TRAIN CLARKS POINT VILLAGE COUNCIL BOX 9 CLARKS POINT AK 99569 920073206 VILLAGE COUNCIL 293612 ECONOMIC DEVELOPMENT; SEASONAL EMPLOYMENT ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CURYUNG TRIBAL COUNCIL BOX 216 DILLINGHAM AK 99576 920069902 TRIBAL COUNCIL 586844 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EGEGIK VILLAGE COUNCIL BOX 29 EGEGIK AK 99579 920063332 VILLAGE COUNCIL 548000 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EKWOK VILLAGE COUNCIL BOX 70 EKWOK AK 99580 943057295 VILLAGE COUNCIL 576676 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EKUK VILLAGE COUNCIL BOX 530 DILLINGHAM AK 99576 920163114 VILLAGE COUNCIL 554000 ECONOMIC DEVELOPMENT PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS KING SALMON GROUND LLC BOX 214 KING SALMON AK 99613 900421246 17665 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS SEASONAL EMPLOYMENT OPPORTUNITIES YOUTH EMPLOYMENT; INTERNSHIPS KING SALMON TRIBAL COUNCIL BOX 68 KING SALMON AK 99613 920177073 TRIBAL COUNCIL 48000 SEASONAL EMPLOYMENT OPPORTUNITIES PROMOTION OF PROGRAMS PROMOTION OF PROGRAMS LEVELOCK VILLAGE COUNCIL BOX 70 LEVELOCK AK 99625 920074206 VILLAGE COUNCIL 580080 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CITY OF MANOKOTAK BOX 170 MANOKOTAK AK 99628 920037650 CITY 6769 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; OPPS FOR YOUTH OPPS FOR YOUTH; GROUP TRAININGS MANOKOTAK VILLAGE COUNCIL BOX 169 MANOKOTAK AK 99628 920124434 VILLAGE COUNCIL 561407 ECONOMIC DEVELOPMENT; OPPS FOR YOUTH ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS NAKNEK VILLAGE COUNCIL BOX 106 NAKNEK AK 99633 920058661 VILLAGE COUNCIL 572612 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS PILOT POINT VILLAGE COUNCIL BOX 449 PILOT POINT AK 99649 990143318 VILLAGE COUNCIL 548446 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS NATIVE VILLAGE OF PORT HEIDEN BOX 49007 PORT HEIDEN AK 99549 920059922 VILLAGE COUNCIL 581506 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS PORTAGE CREEK VILLAGE COUNCIL 1762 ABBOT ROAD ANCHORAGE AK 99507 920070857 VILLAGE COUNCIL 506000 SEASONAL EMPLOYMENT OPPORTUNITIES ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; OPPS FOR YOUTH SOUTH NAKNEK VILLAGE COUNCIL 2521 E MT VILLAGE DR SUITE B PMB 3 WASILLA AK 99654 920065146 VILLAGE COUNCIL 555738 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; OPPS FOR YOUTH ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS SOUTHWEST ALASKA VOCATIONAL & EDUCATION CENTER BOX 615 KING SALMON AK 99613 920174741 501(C)(3) 204501 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS COMMUNITY/GROUP TRAININGS TRADITIONAL COUNCIL OF TOGIAK BOX 310 TOGIAK AK 99678 920113885 TRAD'L COUNCIL 583767 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS COMMUNITY/GROUP TRAININGS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS TWIN HILLS VILLAGE COUNCIL BOX TWA SUITE B PMB 388 TWIN HILLS AK 99576 920062296 VILLAGE COUNCIL 579124 ECONOMIC DEVELOPMENT ; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS UGASHIK TRADITIONAL COUNCIL 2525 BLUEBERRY RD SUITE 205 ANCHORAGE AK 99503 920160597 TRAD'L COUNCIL 559633 COMMUNITY/GROUP TRAININGS; SEASONAL EMPL ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS BRISTOL BAY SCIENCE & RESEARCH INSTITUTE BOX 1464 DILLINGHAM AK 99576 920168036 501(C)(3) 750000 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS SCIENTIFIC AND EDUCATIONAL PROJECTS UAF-BRISTOL BAY CAMPUS BOX 1070 DILLINGHAM AK 99576 926000147 STATE OF AK 72826 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS SCIENTIFIC AND EDUCATIONAL PROJECTS GED/ADULT BASIC ED; TRAININGS; NURSING Bristol Bay Land Heritage Trust Box 1388 DILLINGHAM AK 99576 311721762 501(C)(3) 10000 Education - BB River Academy DILLINGHAM CITY SCHOOL DISTRICT BOX 170 DILLINGHAM AK 99576 920031132 STATE OF AK 9044 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EDUCATION - BB RIVER ACADEMY SEASONAL EMPLOYMENT OPPORTUNITIES SAFE AND FEAR-FREE ENVIRONMENT BOX 94 DILLINGHAM AK 99576 920088380 501(C)(3) 17450 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS INTERNSHIPS SEASONAL AND YOUTH EMPLOYMENT UNITED TRIBES OF BRISTOL BAY BOX 1252 DILLINGHAM AK 99576 300785358 TRIBAL COUNCIL 149083 SCIENTIFIC AND EDUCATIONAL PROJECTS INTERNSHIPS FISHERIES HABITAT PROTECTION City of Ekwok Box 49 Ekwok AK 99580 920086143 City 31100 Seasonal Employment; Group Trainings BRISTOL BAY BOROUGH SCHOOL DISTRICT BOX 169 NAKNEK AK 99633 920029587 STATE OF AK 57337 INTERNSHIPS INTERNSHIPS FISHERIES HABITAT PROTECTION EDUCATIONAL FISHERIES INITIATIVE BRISTOL BAY NATIVE ASSOCIATION BOX 310 DILLINGHAM AK 99576 920041473 501(C)(3) 17300 INTERNSHIPS INTERNSHIPS ECONOMIC DEVELOPMENT - CONTRIBUTION GRANT WRITING; SEASONAL EMPLOYMENT CITY OF ALEKNAGIK BOX 33 ALEKNAGIK AK 99555 920079021 CITY 7634 INTERNSHIPS FISHERIES HABITAT PROTECTION EDUCATIONAL FISHERIES INITIATIVE SEASONAL EMPLOYMENT OPPORTUNITIES BRISTOL BAY AREA HEALTH CORPORATION BOX 130 DILLINGHAM AK 99576 920044965 501(C)(3) 27900 ECONOMIC DEVELOPMENT SEASONAL EMPLOYMENT; COMM/GROUP TRAINING SEASONAL EMPLOYMENT OPPORTUNITIES CITY OF TOGIAK BOX 190 TOGIAK AK 99678 920047402 CITY 14465 INTERNSHIP; YOUTH EMPLOYMENT CAMAI COMMUNITY HEALTH CENTER BOX 211 NAKNEK AK 99633 113813698 501(C)(3) 15855 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL & YOUTH EMPLOYMENT CHOGGIUNG LTD BOX 330 DILLINGHAM AK 99576 920045217 9860 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES INTERNSHIPS PAULA MONSEN DBA D&D RESTAURANT BOX 9 NAKNEK AK 99633 822194418 5256 EDUCATIONAL FISHERIES INITIATIVE COMM/GROUP TRAININGS; SEASONAL EMPLOY OP YOUTH EMPLOYMENT CITY OF EGEGIK BOX 189 EGEGIK AK 99579 920154668 CITY 7020 SEASONAL EMPLOYMENT OPPORTUNITIES INTERNSHIPS SEASONAL EMPLOYMENT; GROUP TRAININGS JODIE HAZENBERG DBA JODIE'S IDEAS BOX 310 NAKNEK AK 99633 911774294 12565 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES NUNAMTA AULUKESTAI BOX 735 DILLINGHAM AK 99576 261203644 501(C)(3) 9120 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES FISHERIES HABITAT PROTECTION USFWSTOGIAK NATIONAL WILDLIFE REFUGE BOX 270 DILLINGHAM AK 99576 530201504 FEDERAL 16078 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES INTERNSHIPS; YOUTH EMPLOYMENT KDLG BOX 670 DILLINGHAM AK 99576 920031132 State of AK 18891 Seasonal; Youth Employment 37 4 PERMIT LOAN PROGRAM 51 414868 PERMIT AND VESSEL LOAN TECHNICAL ASSISTANCE 64 37681 EMERGENCY TRANSFER GRANTS 25 167500 INTEREST RATE ASSISTANCE 21 40604 PERSONAL FINANCE/EDUCATION 21 330 TAX ASSISTANCE PROGRAM 1091 136625 VESSEL UPGRADES 68 1052803 STUDENT LOAN FORGIVENESS PROGRAM 7 20614 COLLEGE DEVELOPMENT FUND 85 113813 VOCATIONAL/TECHNICAL TRAINING PROGRAM 97 227952 QUALITY IMPROVEMENTS PROGRAM - TOTES 15 25638 BOOK TOTES FOR ICING FISH QUALITY IMPROVEMENTS PROGRAM - SLUSH BAGS 13 11215 BOOK SLUSH BAGS FOR ICING QUALITY IMPROVEMENTS PROGRAM - FOAM INSULATION 9 3673 BOOK FOAM INSUL FOR ICING Vessel Acquisition Program 14 165936 RSW Fleet Support 17 11962 PRE-SEASON ADVANCE LOANS 43 28274 AT-SEA EMPLOYMENT 5 2472 RSW Purchase Program 10 219513 Quality Improvements Program - Padded Deck Mat 9 4273 book Deck Mats for fish Shorefish Lease Program 1 800 In-season Emergency Provision Program 1 10556 SCHEDULE I PART I LINE 2 BBEDC HAS MANY PROGRAMS AVAILABLE TO ITS CDQ MEMBER COMMUNITIES INCLUDING THOSE THAT PROVIDE GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS, ORGANIZATIONS, AND GOVERNMENTS. THESE PROGRAMS WERE DEVELOPED AND ARE ADMINISTERED CONSISTENT WITH BBEDC'S TAX-EXEMPT PURPOSE. ALL PROGRAMS HAVE SPECIFIC PROGRAM REQUIREMENTS AS WELL AS ESTABLISHED POLICIES AND PROCEDURES FOR ENSURING A GRANTEE'S ELIGIBILITY AND USE OF FUNDS WHICH ARE MONITORED BY BBEDC'S PROGRAM MANAGERS. X X false false false false false false false false false NORMAN VAN VACTOR PRESIDENT/CEO 224405 25500 6727 28297 284929 HELEN SMEATON CHIEF OPERATING OFFICER 119950 500 3636 26723 150809 STACI FIESER CHIEF FINANCIAL OFFICER 119694 500 9147 41171 170512 PAUL PEYTON SEAFOOD INVESTMENT OFFICER 176768 500 5293 28898 211459 DILLON CHANEY GRANDSON OF BBEDC BOARD MEMBER 1651 EDUCATIONAL ASSISTANCE EDUCATION TONI CHRISTENSEN SISTER-IN-LAW OF BOARD MEMBER 2500 TRAINING ASSISTANCE JOB TRAINING JAMES FOLSOM SR BROTHER OF BBEDC OFFICER 1423 TRAINING ASSISTANCE JOB TRAINING KIMBERLY SEYBERT DAUGHTER OF BBEDC BOARD MEMBER 1500 EDUCATIONAL ASSISTANCE EDUCATION KIMBERLY SEYBERT DAUGHTER OF BBEDC BOARD MEMBER 2465 TRAINING ASSISTANCE JOB TRAINING DANNY WASSILY BROTHER-IN-LAW OF BOARD MEMBER 1516 TRAINING ASSISTANCE JOB TRAINING STEVE WASSILY JR BROTHER-IN-LAW OF BOARD MEMBER 1790 TRAINING ASSISTANCE JOB TRAINING TERESA WILSON DAUGHTER-IN-LAW OF BOARD MEMB. 3683 TRAINING ASSISTANCE JOB TRAINING NONE FAMILY AND BUSINESS RELATIONSHIPS OF BOARD MEMBERS Form 990 Part VI Line 2 BOARD MEMBERS - CURRENT YEAR BOARD MEMBERS - MARK ANGASAN AND FRED ANGASAN, SR. HAVE A FAMILY RELATIONSHIP. PROCESS FOR REVIEW OF THE FORM 990 Form 990 Part VI Line 11b PRIOR TO FILING THE RETURN, A DRAFT OF THE FORM 990 TAX RETURN WILL BE SUBMITTED TO THE CHIEF FINANCIAL OFFICER (CFO) BY THE TAX PREPARER. THIS DRAFT WILL BE REVIEWED BY THE CFO AND STAFF. THE CFO WILL THEN HAVE THE PRESIDENT/CEO AND COO REVIEW THE DRAFT RETURN BEFORE AUTHORIZING THE TAX PREPARER TO FINALIZE THE RETURN. A COPY OF THE TAX RETURN WILL BE PROVIDED TO THE BOARD MEMBERS UPON REQUEST. MONITORING OF CONFLICT OF INTEREST POLICY FORM 990 PART VI LINE 12C In any situation where there is a conflict or the appearance of conflict, or where a board member is uncertain of the possibility of a conflict, the Board Member or employee should protect himself/herself by immediately discussing the matter fully and frankly with the Chairman or, if the matter arises during a board meeting, by disclosing the matter to the full Board of Directors. The Chairman or any other board member are also encouraged to raise any issue known to them to ensure that any potential conflict is known to the Corporation and its board in a timely manner. Where there is doubt as to the existence of a conflict of interest, the situation should be fully explained in writing in advance of any board meeting. If necessary, the Chairman will appoint a three-member ad hoc committee of members of the Board of Directors to make a recommendation to the Board of Directors on the matter at the next board meeting. The committee will discuss the matter with the Corporation's General Counsel. The decision of the Board of Directors is binding. BOARD MEMBERS ARE REQUIRED TO DECLARE A CONFLICT OF INTEREST ON EACH AND EVERY VOTE THEY TAKE IF ONE EXISTS. DETERMINING COMPENSATION FOR PRESIDENT/CEO FORM 990 PART VI LINE 15A THE BOARD SETS THE BEGINNING SALARY RANGE FOR THE POSITION OF THE PRESIDENT/CEO BASED ON A LOCAL SALARY SURVEY. A SALARY SURVEY WAS PERFORMED IN 2018. THIS SALARY RANGE IS ADJUSTED PERIODICALLY AS LOCAL SALARIES IN THE REGION CHANGE. EACH YEAR THE BOARD GOES INTO EXECUTIVE SESSION TO EVALUATE THE PRESIDENT/CEO'S PERFORMANCE OVER THE PAST YEAR AND THE CONTRACT RENEWAL AND COMPENSATION, IF TIME TO RENEW. THE CURRENT PRESIDENT/CEO CONTRACT IS FOR A 5 YEAR TERM. IN ADDITION, THE BOARD TAKES INTO CONSIDERATION ITS POLICY OF UP TO A 4% MERIT INCREASE EACH YEAR. AT THE CONCLUSION OF THE PRESDIENT/CEO'S EVALUATION, THE PRESIDENT/CEO IS REQUIRED TO LEAVE THE ROOM SO THAT THE REMAINING BOARD MAY HAVE CONFIDENTIAL DISCUSSIONS. MOTION IS MADE TO COME OUT OF EXECUTIVE SESSION AND THE BOARD'S DECISION OF THE CONTRACT AND COMPENSATION IS PRESENTED AND DOCUMENTED IN THE MINUTES. DETERMINING COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES FORM 990 PART VI LINE 15B Annually, the board approves the budget which contains the salary information on employees. THE BOARD SETS THE BEGINNING SALARY RANGE FOR THE POSITIONS AT BBEDC BASED ON A LOCAL SALARY SURVEY. A SALARY SURVEY WAS PERFORMED IN 2018. THIS SALARY RANGE IS ADJUSTED PERIODICALLY AS LOCAL SALARIES IN THE REGION CHANGE. ANNUALLY ON THE EMPLOYEE'S ANNIVERSARY DATE, THE IMMEDIATE SUPERVISOR PERFORMS AN EVALUATION. IN ADDITION, THE SUPERVISOR TAKES INTO CONSIDERATION THE BOARD'S POLICY OF UP TO A 4% MERIT INCREASE EACH YEAR. THE SUPERVISOR MAKES ITS RECOMMENDATION ON THE COMPENSATION FOR THE NEXT YEAR, WITH THE PRESIDENT/CEO HAVING FINAL APPROVAL FOR ALL EMPLOYEES. IN ADDITION, FORMAL CONTRACTS ARE REQUIRED ANNUALLY FOR THE FOLLOWING POSITIONS: CHIEF OPERATING OFFICER, CHIEF FINANCIAL OFFICER, AND SEAFOOD INVESTMENT OFFICER. AVAILABILITY OF DOCUMENTS Form 990 Part VI Line 19 BBEDC'S FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING US AT 1-907-842-4370 OR WRITING TO US AT PO BOX 1464, DILLINGHAM, AK 99576-1464. IN ADDITION, OUR FORM 990 IS AVAILABLE FOR VIEWING ON THE WEBSITE GUIDESTAR.ORG. OTHER CHANGES IN NET ASSETS Form 990 Part IX Line 9 EQUITY IN LOSSES OF ENTITIES CONSOLIDATED FOR AFS, NOT CONSOLIDATED FOR TAX -1,023,623 BRISTOL BAY ICE LLC PO BOX 1464 DILLINGHAM AK 99576 204176963 COMM. FISHING AK 98545 256716 BBEDC BRISTOL BAY SCIENCE & RESEARCH INSTITUTE PO BOX 1464 DILLINGHAM AK 99576 920168036 SCIENCE/EDUC AK 501(C)(3) 7 BBEDC true HARVEY SAMUELSEN SCHOLARSHIP TRUST PO BOX 1464 DILLINGHAM AK 99576 300065137 SCHOLARSHIPS AK 501(C)(3) PF BBEDC true ALASKAN LEADER FISHERIES LLC 8874 BENDER RD STE 201 LYNDON WA 98264 611503131 COMM. 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