2024-12-05T18:13:00-06:00 2022-12-31 135565207 KPMG LLP 401 UNION STREET SUITE 2800 SEATTLE WA 98101 990 2022-01-01 920142567 BRISTOL BAY ECONOMIC DEVELOPMENT CORP BRIS 9078424370 PO BOX 1464 DILLINGHAM AK 99576 MICHAEL LINK EXECUTIVE DIRECTOR 9078424370 2024-11-22 1 0 DAVID M HIGHFILL P01517891 2069134000 2022 2024-10-15 13:58:12Z MICHAEL LINK PO BOX 1464 DILLINGHAM AK 99576 119782109 0 X WWW.BBEDC.COM X 1992 AK TO PROMOTE ECONOMIC GROWTH AND OPPORTUNITIES FOR RESIDENTS OF ITS MEMBER COMMUNITIES; SEE SCH O. THROUGH SUSTAINABLE USE OF THE BERING SEA RESOURCES. 20 13 38 0 9862728 9231625 0 0 64769052 43517973 8235644 3395589 66970 125377 73071666 47038939 10320582 10276488 0 0 3336293 2566621 0 0 0 23810135 9549359 37467010 22392468 35604656 24646471 398869133 384600359 11866270 2644380 387002863 381955979 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. 0 0 7608953 7608953 0 COMMUNITY AND BUSINESS DEVELOPMENT - SEE SCHEDULE OBBEDC HAS INVESTED OVER $116,000,000 IN COMMUNITY GRANTS SINCE 2002. COMMUNITY GRANTS, SUCH AS THE COMMUNITY BLOCK GRANT PROGRAM, PROVIDE BBEDC COMMUNITIES WITH THE OPPORTUNITY TO FUND PROJECTS THAT PROMOTE SUSTAINABLE COMMUNITY AND REGIONAL ECONOMIC DEVELOPMENT. IN ADDITION, COMMUNITIES MAY CHOOSE TO USE COMMUNITY BLOCK GRANT FUNDS TO ASSIST ELIGIBLE RESIDENT HOUSEHOLDS IN THE RESPECTIVE BBEDC COMMUNITIES TO PURCHASE HOME HEATING FUEL AND/OR ELECTRICITY OR TO FUND OPERATIONS AND MAINTENANCE (O&M) OF BUILDINGS AND ICE MACHINES TO WHICH THE COMMUNITY OWNS TITLE. IN 2022, THE BOARD OF DIRECTORS ALLOCATED $500,000 PER BBEDC COMMUNITY AND THE FOLLOWING WERE AWARDED.ALEKNAGIK $500,000PURCHASE HEAVY EQUIPMENT - LOADERPURCHASE VEHICLEHOME HEATING FUEL/ELECTRIC ASSISTANCECLARKS POINT $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCEWATER/WASTEWATER PLANT RENOVATION & REPAIR PROJECTROAD RENOVATION AND REPAIR PROJECTDILLINGHAM $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCETRIBAL COUNCIL OFFICE O&MEGEGIK $500,000LIBRARY CONSTRUCTION PROJECTEKUK $500,000CONSTRUCTION OF EKUK TO CLARKS POINT ROAD PHASE IXEKWOK $500,000PURCHASE HEAVY EQUIPMENT LOADERLANDFILL WARM STORAGE BUILDING PROJECTHOME HEATING FUEL/ELECTRIC ASSISTANCEKING SALMON $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCELEVELOCK $500,000FISH PROCESSING PLANT DEVELOPMENT, NEXT PHASEHOME HEATING FUEL/ELECTRIC ASSISTANCETRIBAL COUNCIL OFFICE O&MLEVELOCK CLINIC/RAINBOW HALL O&MMANOKOTAK $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCE BRUSH CUTTING PROJECTPURCHASE VEHICLE(S)NAKNEK $500,000EXIT M/V SEAHORSE PROJECTUPGRADE DOLLY'S HALL PROJECTDOLLY'S HALL/BOYS AND GIRLS CLUB O&MPILOT POINT $500,000SEAFOOD PROCESSING FACILITY, NEXT PHASEHEAVY EQUIPMENT BUILDING CONSTRUCTION, NEXT PHASEPORTAGE CREEK $500,000COMMUNITY WATER WELL PROJECTPORT HEIDEN $500,000PURCHASE HEAVY EQUIPMENT LOADERPURCHASE HEAVY EQUIPMENT FUEL TRUCKCOMMUNITY WALK-IN FREEZER PROJECTSTEEL BUILDING UPGRADE PROJECTSECURITY SYSTEM INSTALLATION PROJECTHOME HEATING FUEL/ELECTRIC ASSISTANCESOUTH NAKNEK $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCEBUILDING REPAIR/REMEDIATION PROJECTTOGIAK $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCEBUILDING ROOF REPAIR PROJECTTWIN HILLS $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCEPURCHASE HEAVY EQUIPMENT GRADERCOMMUNITY WATER DISTRIBUTION SYSTEM UPGRADEUGASHIK $500,000HOME HEATING FUEL/ELECTRIC ASSISTANCEICE MACHINE/COMMUNITY BUILDINGS O&MUPGRADE BARGE LANDING NEXT PHASEDISPOSAL OF WIN-RAY NEXT PHASEBUILDING REPAIR PROJECTFUEL TRUCK REPAIR PROJECTARCTIC TERN PROGRAMTHE ARCTIC TERN PROGRAM MAKES GRANTS OF UP TO $6,000 AVAILABLE TO EACH BBEDC COMMUNITY TO UNDERTAKE PROJECTS THAT PROVIDE OPPORTUNITIES FOR EMPLOYMENT AND EDUCATIONAL ACTIVITIES FOR YOUTH UNDER THE AGE OF 17. A CUMULATIVE TOTAL OF $50,997 WAS AWARDED TO 10 BBEDC COMMUNITIES IN 2022 AND 87 YOUTH WERE EMPLOYED AND/OR ENGAGED. PROJECTS INCLUDED COMMUNITY-WIDE CLEANUP EVENTS, YOUTH INTERN POSITIONS, COMMUNITY HELPER PROGRAM'S IN TWO SEPARATE COMMUNITIES THAT EMPLOYED YOUNG PEOPLE TO PROVIDE HOME SERVICES FOR RESIDENTS IN NEED, ATTENDANCE AT THE ALASKA FEDERATION OF NATIVES (AFN) YOUTH AND ELDERS CONFERENCE, AND AN ALASKA EDUCATIONAL EXPLORATION TOUR.INTEREST RATE ASSISTANCE PROGRAMTEN RESIDENT FISHERS WERE RECIPIENTS OF INTEREST RATE ASSISTANCE (IRA) PROGRAM FUNDING FOR A TOTAL OF $22,356 IN 2022. THE PROGRAM IS DESIGNED TO OFFSET THE EXPENSE OF EVER-INCREASING INTEREST RATES FOR RESIDENT FISHERS SO THAT THEY MAY REINVEST IN THEIR FISHING OPERATIONS. MOST PARTICIPANTS REPORTED THAT THE LOAN AND SAVINGS GAINED FROM THE IRA WERE INVESTED IN IMPROVEMENTS TO THEIR VESSELS AND ADDED GEAR; ALL OF WHICH MAKES RESIDENT FISHING OPERATIONS MORE PROFITABLE AND RESULTS IN MORE ECONOMIC BENEFIT TO THE REGION. GRANT WRITING ASSISTANCEBRISTOL BAY COMMUNITIES RELY ON FEDERAL, STATE AND PRIVATE GRANTING SOURCES FOR THE DEVELOPMENT AND REPLACEMENT OF CRITICAL COMMUNITY INFRASTRUCTURE AS WELL AS FOR DEVELOPMENT THAT RESULTS IN INCOME GENERATING OPPORTUNITIES FOR RESIDENTS. BBEDC'S GRANT WRITING ASSISTANCE PROGRAM PROVIDES THE SERVICES OF SELECTED GRANT-WRITING CONSULTANTS FOR FUNDING SEARCHES, PROPOSAL PRE-DEVELOPMENT, PRE-APPLICATIONS, AS WELL AS PROPOSAL DEVELOPMENT, FOLLOW-UP AND REVIEW. IN 2022, $44,739 WAS INVESTED IN PROFESSIONAL CONSULTING ASSISTANCE FOR PREPARATION OF PROPOSALS SUBMITTED BY BBEDC COMMUNITIES TO GRANTING AGENCIES. INDIVIDUAL GRANT PROPOSALS REQUIRED UP TO 100 HOURS OF CONSULTANT TIME IN SOME CASES DUE TO THE COMPLEXITY. TECHNICAL ASSISTANCE PROGRAMOUR REGION'S ENTREPRENEURS, INCLUDING COMMERCIAL FISHERS, COMMUNITY ORGANIZATIONS/GOVERNMENTS, INDIVIDUALS AND SMALL BUSINESSES, ARE AN ASSET TO BE CULTIVATED, MOTIVATED, AND REWARDED. HEALTHY AND THRIVING BUSINESSES GENERATE RESIDENT JOBS AND ECONOMIC ACTIVITY THAT IS BENEFICIAL TO THE REGION. BBEDC'S TECHNICAL ASSISTANCE PROGRAM PROMOTES BUSINESS PLANNING AND DEVELOPMENT WHETHER IT IS A COMMERCIAL FISHING OPERATION OR OTHER SMALL BUSINESS. THROUGH PARTNERSHIPS WITH THE ALASKA BUSINESS DEVELOPMENT CENTER (ABDC) AND AGNEW::BECK CONSULTING, RESIDENT ENTREPRENEURS ARE PROVIDED PROFESSIONAL BUSINESS CONSULTING SERVICES. IN 2022, CONSULTING TIME FUNDED FOR TECHNICAL ASSISTANCE TOTALED $4,808 AND $91,292 WAS INVESTED IN THE PROVISION OF ASSISTANCE SPECIFICALLY FOR APPLICANTS AND PARTICIPANTS IN THE EMERGENCY TRANSFER GRANT PROGRAM, PERMIT LOAN PROGRAM AND VESSEL ACQUISITION PROGRAM. BBEDC ALSO INVESTED $48,050 INTO AN OVERALL ASSESSMENT OF THE PERMIT LOAN PROGRAM, THAT PROJECT WILL EXTEND INTO 2023.COMMUNITY LIAISON PROGRAMTHROUGH THE BBEDC COMMUNITY LIAISON PROGRAM GRANTS ARE MADE AVAILABLE TO EACH CDQ COMMUNITY (CITY OR TRIBAL ORGANIZATION) TO FUND A POSITION THAT SERVES AS A LIAISON FOR BBEDC STAFF IN THEIR COMMUNITY. THE POSITION IS CRITICAL FOR ASSURING THAT RESIDENTS ARE PROVIDED WITH CURRENT INFORMATION AND EASY ACCESS TO BBEDC PROGRAM INFORMATION. THE INDIVIDUAL IS AN EMPLOYEE OF THE GRANT RECIPIENT AND PROVIDES ADDITIONAL SUPPORT TO THAT ORGANIZATION WITH OTHER ADMINISTRATIVE TASKS. IN 2022, BBEDC COMMUNITY LIAISONS REPORTED 1,025 INDIVIDUAL CONTACTS WITH RESIDENTS TO PROVIDE INFORMATION AND ASSISTANCE. GRANTS OF $56,400 WERE AVAILABLE TO EACH OF THE 16 COMMUNITY APPLICANTS. EACH COMMUNITY WAS ALSO ELIGIBLE TO RECEIVE AN ADDITIONAL $1,000 ANNUALLY TO OFFSET THE COST OF INTERNET TO ATTEND MONTHLY COMMUNITY LIAISON MEETINGS THROUGH VIDEOCONFERENCE. BBEDC INVESTED A TOTAL OF $841,400 IN 2022. 2570959 1795956 89969 REGIONAL FISHING DEVELOPMENT - SEE SCHEDULE OVESSEL UPGRADE GRANT PROGRAMAS THE BRISTOL BAY SALMON FLEET CONTINUES TO ADVANCE IN THEIR TECHNOLOGY AND HARVESTING CAPABILITIES, MANY FISHERS CONSIDER UPGRADING THEIR BOATS TO HELP INCREASE FISH QUALITY AND EFFICIENCY OF THEIR OPERATIONS. SOME MAY FLUSH THEIR DECK AND RECONFIGURE FISH HOLDS TO ACCOMMODATE AN RSW SYSTEM. OTHERS MAY NEED TO REPOWER OR UPGRADE DECK GEAR. THE SET NET FLEET MIGHT WELD IN FISH BINS, OR IF THEIR PRIMARY HARVESTING METHOD IS BY VEHICLE, INSTALL A DUMP BED KIT OR PURCHASE NEW RIMS AND TIRES TO BETTER HANDLE ON THE BEACH. THESE ARE JUST A FEW EXAMPLES OF ACCEPTABLE USES OF BBEDC'S VESSEL UPGRADE GRANT. BRISTOL BAY RESIDENT DRIFT OPERATIONS CAN QUALIFY FOR UP TO $35,000, AND LOCAL SET NET OPERATIONS CAN QUALIFY FOR UP TO $17,500 TO HELP OPTIMIZE FISHING OPERATIONS. IN 2022, BBEDC SPENT $277,799 TO HELP SEVENTEEN RESIDENT FISHERS UPGRADE THEIR EQUIPMENTIN-SEASON EMERGENCY PROVISIONTHE IN-SEASON EMERGENCY PROVISION PROVIDES EMERGENCY SUPPORT FOR FISHERMEN WITHIN THE VESSEL UPGRADE GRANT PROGRAM. THE PROVISION ASSISTS RESIDENT FISHERS WITH GETTING BACK ON THE WATER IF THEY EXPERIENCE A CATASTROPHIC ENGINE OR DRIVE TRAIN FAILURE DURING THE SEASON. QUALIFYING RESIDENT DRIFT OPERATIONS CAN ACCESS UP TO $35,000, AND QUALIFYING RESIDENT SET NET OPERATIONS CAN ACCESS UP TO $17,500. APPLICANTS WHO HAVE RECEIVED A VESSEL UPGRADE GRANT IN THE PREVIOUS THREE YEARS MAY NOT BE ELIGIBLE AS THESE PROGRAMS SHARE THE SAME POOL OF FUNDING. IN 2022, BBEDC SPENT $70,000 THROUGH THIS PROVISION TO HELP TWO RESIDENT FISHERS REPLACE THEIR ENGINES AFTER BREAKING DOWN.QUALITY IMPROVEMENT PRODUCTS PROGRAMINSULATED FISH TOTES, SLUSH BAGS, FLEXIBLE SHEET FOAM INSULATION, AND PADDED DECK MATS ARE AVAILABLE FOR LOCAL COMMERCIAL SALMON FISHERS TO HELP ENHANCE THE QUALITY OF THEIR FISH AND INCREASE THE POTENTIAL TO QUALIFY FOR QUALITY BONUSES FROM FISH PROCESSORS. WITH THE INCREDIBLE BAY WIDE CHILLING EFFORTS IMPLEMENTED BY THE FLEET AND THE BAY'S HISTORICAL RECORD RUN, BBEDC WAS HAPPY TO PROVIDE THESE PRODUCTS WHICH POSITIVELY AFFECT THE QUALITY OF BRISTOL BAY SALMON. IN 2022, BBEDC DISTRIBUTED $19,263 WORTH OF QUALITY ENHANCING PRODUCTS TO TEN RESIDENT FISHERS. RSW PURCHASE PROGRAMDELIVERING HIGH QUALITY FISH HAS BECOME INCREASINGLY MORE IMPORTANT IN BRISTOL BAY AND INSTALLING A REFRIGERATED SEA WATER (RSW) SYSTEM CAN HELP FISHERS CHILL THEIR CATCH WITHOUT THE USE OF ICE. RSW SYSTEMS COOL THE WATER IN A VESSEL'S FISH HOLDS TO AN OPTIMUM LOW TEMPERATURE THAT KEEPS THE FISH FRESH. IN TURN, FISHERS DELIVERING PROPERLY CHILLED FISH MAY RECEIVE A CHILLING BONUS FROM THEIR PROCESSOR. THE RSW PURCHASE PROGRAM OFFERS GRANTS OF UP TO $22,000 TO ASSIST QUALIFIED BRISTOL BAY WATERSHED RESIDENT FISHERS WITH THE PURCHASE OF RSW SYSTEMS. PREPARING A VESSEL FOR RSW IS COMPLEX, AND FISHERS MUST HAVE WELL INSULATED FISH HOLDS, ADEQUATE HYDRAULICS, AND PROPER PLUMBING INSTALLED BEFORE BEING APPROVED FOR AN RSW GRANT. BECAUSE OF THIS, RSW PURCHASE PROGRAM APPLICATIONS ARE ACCEPTED YEAR-ROUND. SOME FISHERS ALSO CHOOSE TO USE BBEDC'S VESSEL UPGRADE GRANT PROGRAM TO PREPARE THEIR VESSEL FOR AN RSW SYSTEM. IN 2022, BBEDC DISTRIBUTED ONE RSW GRANT OF $22,000. RSW SUPPORT PROGRAMPROPERLY MAINTAINING A REFRIGERATED SEA WATER (RSW) SYSTEM IS ESSENTIAL TO MANY FISHING OPERATIONS IN BRISTOL BAY, SO BBEDC OFFERS ANNUAL GRANTS OF UP TO $1,000 TO HELP RESIDENT COMMERCIAL FISHERS WITH TECHNICAL ASSISTANCE FOR PRE-SEASON START-UPS, MAINTENANCE, AND WINTERIZATION OF THEIR RSW SYSTEMS. THIS FUNDING CAN ALSO COVER RSW TECHNICIAN TRAVEL COSTS IF FISHERS NEED TO FLY A TECHNICIAN TO THEIR COMMUNITY TO SERVICE A UNIT. IN 2022, TWENTY-THREE RESIDENT FISHERS RECEIVED $17,875 IN GRANT AWARDS TO HELP KEEP THEIR RSW SYSTEMS IN SHIPSHAPE CONDITION. BRISTOL BAY ICE, LLC (BBICE)2022 WAS A RECORD-BREAKING SOCKEYE SALMON SEASON IN BRISTOL BAY. BBEDC'S ICE BARGES, THE BRISTOL MAID AND BRISTOL LADY, WERE ON THE WATER HELPING TO KEEP THE FISH CHILLED. THE BRISTOL MAID WAS STATIONED OFF CLARKS POINT, AND SOLD 644,574 LBS. OF ICE TO FISHERS, AN INCREASE OF 26% FROM 2021. THE BRISTOL LADY SOLD 754,000 LBS. OF ICE IN THE NAKNEK/KVICHAK DISTRICT, A 45% INCREASE FROM 2021. THE INCREASE IN ICE SALES COULD BE ATTRIBUTED TO THE INCREASE IN FISH AND THE TWO BARGES' ABILITY TO MAINTAIN ICE PRODUCTION. BBICE CONTINUES ITS EFFORT TO PURSUE THE GOAL OF INCREASING THE QUALITY AND EX-VESSEL VALUE OF BRISTOL BAY SALMON AND IS ELATED TO HAVE HELPED ICE THE FISH IN THIS RECORD-BREAKING SEASON.FISHERIES HABITAT PROTECTION GRANT2022 WAS A MONUMENTAL YEAR FOR THE FIGHT AGAINST LARGE SCALE METALLIC MINING IN THE BRISTOL BAY REGION. STARTING WITH A MAJOR PUSH FOR THE EPA TO FINALIZE PERMANENT MEASURES TO PROTECT BRISTOL BAY FROM THE PEBBLE MINE BEFORE THE FISHING SEASON KICKED OFF. ALTHOUGH THE EPA DIDN'T MEET THAT DESIRED TIMELINE, THEY FINALIZED THEIR RECOMMENDATION TO PROHIBIT AND RESTRICT THE USE OF CERTAIN WATERS NEAR THE PEBBLE DEPOSIT IN DECEMBER OF 2022;ULTIMATELY LEADING THEM TO FINALIZE THAT DETERMINATION UNDER SECTION 404(C) OF THE CLEAN WATER ACT ON JANUARY 30, 2023. UNITED TRIBES OF BRISTOL BAY (UTBB) AND COMMERCIAL FISHERMEN FOR BRISTOL BAY (CFBB) CONTINUED THEIR EXTRAORDINARY WORK TO PROTECT OUR ONE-OF-A-KIND FISHERIES HABITAT AND BBEDC GRANTED THEM EACH $150,000 TO ASSIST IN THEIR VALIANT EFFORTS.SHORE FISH LEASE GRANT PROGRAMA SHORE FISHERY LEASE ISSUED BY THE ALASKA DEPARTMENT OF NATURAL RESOURCES (DNR) CAN ENHANCE THE INCOME POTENTIAL BY PROVIDING CERTAINTY OF ACCESS TO A SITE FOR ELIGIBLE SET NET FISHING RESIDENTS. THE SHORE FISH LEASE GRANT PROGRAM PROVIDES FINANCIAL ASSISTANCE AND INCENTIVE IN THE FORM OF A GRANT OF UP TO $800 FOR RESIDENT SET NET PERMIT HOLDERS TO NAVIGATE THE COMPLEX AND COST PROHIBITIVE PROCESS OF GAINING A SHORE FISHERY LEASE. A TOTAL OF $800 WAS AWARDED IN GRANTS IN 2022. VESSEL ACQUISITION PROGRAMRESIDENT'S SUCCESS IN THE FISHERY IS DEPENDENT UPON ACCESS TO THE NECESSARY EQUIPMENT, WHICH INCLUDES A VESSEL. ENHANCING THE ABILITY OF RESIDENTS TO OBTAIN A COMPETITIVE AND EFFICIENT VESSEL IS THE FOCUS OF THE VESSEL ACQUISITION PROGRAM. VESSEL MAY ALSO MEAN A LICENSABLE TRUCK PROVIDED THAT THE APPLICANT CAN DEMONSTRATE THAT A VEHICLE IS THE PRIMARY VESSEL FOR THEIR INDIVIDUAL FISHING OPERATION AT THE POINT OF HARVEST AND DELIVERY. THE PROGRAM CAN PROVIDE A DOWN PAYMENT GRANT, INTEREST SUBSIDY, EQUITY ASSISTANCE, RSW INCENTIVE, TRAINING, AND TECHNICAL BUSINESS COUNSELING. APPLICANTS MUST BE ABLE TO OBTAIN A LOAN THROUGH AN ESTABLISHED LENDING INSTITUTE. IN 2022, FOUR RESIDENT DRIFT FISHERS ENTERED THE PROGRAM, BRINGING THE TOTAL CUMULATIVE PROGRAM PARTICIPANTS TO 32. TWENTY-NINE OF THE PARTICIPANTS REMAIN ACTIVE WHILE 3 HAVE GRADUATED FROM THE PROGRAM THE CUMULATIVE INVESTMENT BY BBEDC WAS $392,382 FOR DOWN PAYMENT GRANTS, RSW INCENTIVE AND COMMITTED ANNUAL "SWEAT" EQUITY, AND INTEREST SUBSIDIES. PERMIT LOAN PROGRAMLIMITED ENTRY SALMON PERMITS HELD BY BRISTOL BAY WATERSHED RESIDENTS HAVE DECLINED SINCE THE ORIGINAL INCEPTION IN 1975. THAT DECLINE HAS SEVERELY DIMINISHED THE OVERALL COMMERCIAL SALMON FISHING INCOME GENERATED BY RESIDENTS MAKING OUT-MIGRATION OF PERMITS ONE OF THE MOST DETRIMENTAL ECONOMIC EVENTS IN THE BRISTOL BAY REGION. RETAINING AND RETURNING LIMITED ENTRY PERMITS TO THE REGION CONTINUES TO BE A BBEDC PRIORITY. THE PERMIT LOAN PROGRAM ENHANCES RESIDENTS' ABILITY TO PURCHASE AND SUCCESSFULLY OPERATE A LIMITED ENTRY SALMON PERMIT THROUGH A MENU OF FINANCIAL AND TECHNICAL SERVICES INCLUDING LOAN GUARANTEE, DOWN PAYMENT GRANT, INTEREST ASSISTANCE, PRINCIPAL REDUCTION ASSISTANCE, TECHNICAL ASSISTANCE AND/OR TRAINING TO SUCCESSFUL APPLICANTS. PARTICIPANTS ARE SELECTED THROUGH AN EVALUATIVE PROCESS AND THE PROGRAM IS UNIQUE IN THAT IT IS AVAILABLE TO RESIDENTS OF ALL THE 25 BRISTOL BAY WATERSHED COMMUNITIES. SEVEN NEW PARTICIPANTS WERE ADDED IN 2022 WHICH BROUGHT THE TOTAL CUMULATIVE NUMBER OF PARTICIPANTS TO 73. AS OF 2022, SIXTY-ONE CONTINUE TO PARTICIPATE IN THE PROGRAM. BBEDC INVESTED A TOTAL OF $396,095 FOR NEW ENTRIES, COMMITTED EQUITY ASSISTANCE (SWEAT EQUITY) AND INTEREST SUBSIDY. 2359817 15926695 FISHING OPERATIONS BBEDC GENERATES ROYALTIES BY CONTRACTING WITH HARVESTING VESSELS AND PROCESSORS FOR A SHARE OF THE REVENUE GENERATED IN THE HARVEST AND SALE OF CDQ AND IFQ ALLOCATIONS. THESE ROYALTIES HELP SUPPORT THE PROGRAMS AND OTHER WORK PROVIDED BY BBEDC. 7650315 871579 27626686 INVESTMENT MANAGEMENTVOCATIONAL/TECHNICAL TRAINING PROGRAMBBEDC RECOGNIZES THE NEED FOR SKILLED INDIVIDUALS FOR EMPLOYMENT POSITIONS IN TODAY'S WORKFORCE AS WELL AS THE HIGH TRAINING COSTS RELATED TO THOSE SKILLS. THROUGH THE VOCATIONAL TRAINING PROGRAM, RESIDENTS CAN APPLY FOR FINANCIAL ASSISTANCE UP TO $5,000 TO ATTEND TRAININGS OR CERTIFICATION COURSES THAT ARE EITHER DIRECTLY RELATED TO THEIR CURRENT EMPLOYMENT OR JOB READINESS TRAINING THAT WOULD LEAD TO EMPLOYMENT OPPORTUNITIES. IN 2022, RESIDENTS APPLIED FUNDING TO A VARIETY OF OPPORTUNITIES INCLUDING, SUPERINTENDENT ENDORSEMENTS, DIESEL HEAVY EQUIPMENT TECHNOLOGIES, COMMERCIAL PILOT TRAINING, CULINARY ARTS, AND EDUCATIONAL CONFERENCES THAT PROVIDED CONTINUING EDUCATION CREDITS NECESSARY FOR CERTIFICATIONS. FORTY-THREE APPLICANTS WERE AWARDED VOCATIONAL FUNDING TOTALING $158,381.STUDENT LOAN FORGIVENESS PROGRAMWITH THE AVERAGE COST OF TUITION ON THE RISE, STUDENT LOANS MAY BE INEVITABLE FOR SOME REGION RESIDENTS PURSUING A DEGREE, LICENSE, OR CERTIFICATION. THE STUDENT LOAN FORGIVENESS PROGRAM IS AVAILABLE TO ENCOURAGE AND SUPPORT RESIDENTS WHO RETURN HOME ONCE THEY HAVE COMPLETED THEIR EDUCATIONAL PATHWAY. AFTER WORKING FOR A FULL YEAR IN THE REGION'S WORKFORCE, APPROVED APPLICANTS CAN BEGIN GETTING A PORTION OF THEIR STUDENT LOANS FORGIVEN ANNUALLY. STARTING AT 10% THE FIRST YEAR AND CONTINUING OVER A FIVE-YEAR PERIOD, UP TO 100% OR $20,000 CAN BE FORGIVEN. THREE RESIDENTS WERE APPROVED IN 2022, WITH ONE APPLICANT IN THEIR 5TH YEAR QUALIFYING TO HAVE 100% OF THEIR STUDENT LOAN FORGIVEN. BBEDC'S TOTAL CONTRIBUTION FOR THIS PROGRAM WAS $10,480.YOUTH INTERNSHIPSTHE YOUTH INTERNSHIP PROGRAM OFFERS SHORT-TERM OPPORTUNITIES, FROM 4 TO 16 WEEKS TO RESIDENTS BETWEEN THE AGES OF 14-17. EMPLOYERS AROUND THE REGION APPLY TO HOST AN INTERNSHIP TO PROVIDE MEANINGFUL AND PURPOSEFUL INSTRUCTION ON WHAT IT TAKES TO WORK WITHIN THEIR COMPANY AND IN OTHER BUSINESSES ALIKE. FOR SOME INTERNS, THE INTERNSHIP MAY BE THE FIRST JOB THEY APPLY FOR AND/OR JOB INTERVIEW THEY PARTICIPATE IN, VALUABLE EXPERIENCE IN ITSELF. ONCE HIRED, THE INTERNS DISCUSS WITH THEIR SUPERVISORS WHAT TASKS AND/OR SKILLS WILL BE FOCUSED ON OR COMPLETED DURING THE INTERNSHIP AND TOGETHER THEY DEVELOP THE REQUIRED LEARNING PLAN. IN 2022, BBEDC COLLABORATED WITH ORGANIZATIONS IN THE REGION TO ADVERTISE AND RECRUIT FOR OFFICE ASSISTANTS, LABORERS, ELDER HELPER, PARK RANGER, LIBRARY AIDE AND MORE. NINE ORGANIZATIONS PROVIDED INTERNSHIPS TO 11 YOUTH. BBEDC SUPPORTED THESE ORGANIZATIONS BY COVERING COSTS ASSOCIATED WITH THE INTERNSHIPS FOR A TOTAL OF $44,981.SEASONAL EMPLOYMENT PROGRAMTHE SEASONAL EMPLOYMENT PROGRAM IS FOR RESIDENTS THAT ARE INTERESTED IN LEARNING NEW JOB SKILLS AND GAINING MORE EXPERIENCE TO BECOME A STRONGER APPLICANT FOR FUTURE JOB OPPORTUNITIES. EMPLOYERS ARE ABLE TO REQUEST AND ENTRY LEVEL EMPLOYEE FOR ANYWHERE BETWEEN 4 AND 16 WEEKS. THIS PROGRAM IS OPEN YEAR-ROUND AND OFFERS POSITIONS THAT ARE EITHER PART-TIME OR FULL-TIME AND SOMETIMES GIVES RESIDENCE EXPERIENCE WITH JOBS THAT REQUIRE OVERTIME. IN 2022 SOME OF THE VARIETY OF EMPLOYMENT POSITIONS THAT WERE OFFERED WE OFFICE ASSISTANTS, COOKS, SHOP CLERKS, LABORERS, GROUNDSKEEPERS, ELDER HELPERS AND MORE. THERE WERE 52 EMPLOYMENT POSITIONS OFFERED AROUND THE REGION AND 27 RESIDENTS WERE ABLE TO PARTICIPATE IN VALUABLE ON THE JOB TRAINING. THIS FUNDING WAS ABLE TO PAY SOME OF THE WAGES AND EMPLOYER TAXES TO THE ORGANIZATIONS THAT HAD EMPLOYMENT POSITIONS FILLED AND FOR A TOTAL OF $194,678.02SOUTHWEST ALASKA VOCATIONAL EDUCATION CENTER (SAVEC) SAVEC IS BBEDC'S PREFERRED IN-REGION TRAINING FACILITY THAT PROVIDES TRAINING OPPORTUNITIES IN RESPONSE TO THE REGION'S WORKFORCE NEEDS. WORKING WITH COMMUNITIES AROUND THE REGION, SAVEC PARTNERS WITH OUTSIDE AGENCIES TO BRING TRAINERS INTO THE REGION. ONE POPULAR TRAINING SAVEC PROVIDES IS A HAZWOPER CERTIFICATION WHICH MANY DIFFERENT INDUSTRIES NEED SO SKILLED WORKERS CAN PROPERLY HANDLE HAZARDOUS MATERIALS. THE CERTIFICATION REQUIRES AN ANNUAL REFRESHER COURSE, ALSO AVAILABLE AT SAVEC, TO COMPLY WITH REGULATIONS AND MAINTAIN A CERTIFICATE. BY PROVIDING THE TRAINING WITHIN THE REGION, RESIDENTS CAN OBTAIN THIS HIGHLY SOUGHT AFTER CERTIFICATION WITHOUT THE ADDED EXPENSE OF LEAVING THE REGION AND EMPLOYERS CAN TRAIN MORE PEOPLE FOR LESS MONEY. SAVEC TRAINED 122 INDIVIDUALS FROM 11 COMMUNITIES AROUND THE REGION, THEIR TRAINING COSTS FUNDED BY BBEDC TOTALED $249,128 IN 2022.NURSING PROGRAM SUPPORTUNIVERSITY OF ALASKA- BRISTOL BAY CAMPUS OFFERS DISTANCE EDUCATION COURSES WITH HANDS-ON TRAINING FOR STUDENTS INTERESTED IN NURSING THROUGH THE PRE-NURSING CERTIFICATE PROGRAM. THE LOCAL HEALTH CORPORATION OFFERS CLINICAL SITES FOR COHORT MEMBERS TO WORK WITH PATIENTS AND GAIN VALUABLE IN-PERSON EXPERIENCES. THROUGH OBTAINING THE CERTIFICATE, STUDENTS FULFIL HALF OF THE REQUIREMENTS NECESSARY FOR AN ASSOCIATE OF APPLIED SCIENCE IN NURSING. THE PROGRAM ONLY ACCEPTS STUDENTS EVERY OTHER YEAR AND IS LIMITED TO 4-6 STUDENTS PER COHORT. IN 2022, THE TWO STUDENTS THAT STARTED THEIR PROGRAM IN FALL OF 2021, KIM LARSON AND KATHERINE CARPENTER, GRADUATED WITH AN AAS IN NURSING. BBEDC IS PROUD OF THEIR ACCOMPLISHMENTS AND HONORED TO PROVIDE $17,500 TO THE BRISTOL BAY CAMPUS TO ASSIST WITH INSTRUCTIONAL COSTS.INTERNSHIPS IN-REGION INTERNSHIP PROGRAMTHE IN-REGION INTERNSHIP PROGRAM WAS CREATED TO PROVIDE A FOCUSED AVENUE, WITH POTENTIAL FOR FULL-TIME EMPLOYMENT, FOR RESIDENTS TO EXPERIENCE EMPLOYMENT IN AN OCCUPATION THEY ARE INTERESTED IN PURSUING. INTERNSHIPS ARE OPEN TO RESIDENTS WHO HAVE PREVIOUS WORK OR EDUCATIONAL EXPERIENCE IN A FIELD AND WOULD LIKE TO FURTHER THEIR KNOWLEDGE AND EXPERIENCES. THE PROGRAM WAS EXPANDED TO ASSIST STUDENTS WHO ARE REQUIRED TO COMPLETE INTERNSHIP HOURS IN THEIR PERSONAL EDUCATIONAL PATHWAYS. IN 2022, BBEDC PROVIDED $54,455 FOR THREE INTERNSHIPS, AND TO HELP SUPPORT THE NEW INTERNSHIP PROGRAM, CIULISTET. THE CIULISTET PROGRAM IS A COLLABORATION BETWEEN BBNA, BBNC, AND BBEDC TO SUPPORT NEW LEADERS AROUND THE REGION. BELOW IS AN OVERVIEW PROVIDED BY THE PROGRAM MANAGER KRISTINA ANDREW.OTHER: $435,187 7650315 871579 27626686 20190044 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 63 0 1 38 1 1 1 0 0 0 0 0 0 0 X 20 13 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 1 1 X X ELIZABETH PROUT 9078424370 411 FIRST AVENUE EAST PO BOX 1464 DILLINGHAM AK 99576 H ROBIN SAMUELSEN JR CHAIRMAN 2.88 0.10 X X 112500 0 0 HATTIE ALBECKER SECRETARY 2.00 0.01 X X 31500 0 0 ROBERT HEYANO TREASURER 1.96 0.06 X X 27000 0 0 GERDA KOSBRUK BOARD MEMBER 1.67 0.12 X 24500 0 0 VICTOR SEYBERT BOARD MEMBER 1.84 0.05 X 23500 0 0 JIMMY COOPCHIAK BOARD MEMBER 1.63 0.05 X 20500 0 0 MARY ANN JOHNSON BOARD MEMBER 1.41 0.12 X 18000 0 0 FRITZ SHARP BOARD MEMBER 0.59 0.07 X 7500 0 0 LOUIE ALAKAYAK SR BOARD MEMBER 0.87 0.00 X 6500 0 0 ALEXANDER TALLEKPALEK BOARD MEMBER 0.66 0.00 X 6000 0 0 RICHARD KING BOARD MEMBER 0.79 0.00 X 5000 0 0 MICHAEL GOTTSCHALK BOARD MEMBER 0.44 0.05 X 3500 0 0 GUSTY ILUTSIK JR BOARD MEMBER 0.58 0.00 X 3000 0 0 BETTY GARDINER BOARD MEMBER 0.41 0.02 X 2500 0 0 FRED T ANGASAN SR BOARD MEMBER 0.57 0.00 X 2000 0 0 PETER ANGASAN SR BOARD MEMBER 0.28 0.00 X 2000 0 0 HARRY WASSILY SR BOARD MEMBER 0.16 0.01 X 1000 0 0 TEORDORO PAUK BOARD MEMBER 0.00 0.00 X 500 0 0 JOHN CHRISTENSEN BOARD MEMBER 0.00 0.00 X 500 0 0 JUSTIN ALTO BOARD MEMBER 0.12 0.00 X 500 0 0 HELEN SMEATON COO 40.00 0.00 X 196009 0 38364 MICHAEL LINK EXEC DIRECTOR 40.00 0.00 X 188132 0 55561 STACI FIESER CFO 40.00 0.00 X 166474 0 50510 CHRISTOPHER NAPOLI CAO 40.00 0.00 X 142750 0 40748 CLIFFORD TUBBS FINANCE OFFICER 40.00 0.00 X 147623 0 22825 CHARLES HENSEL SI STAFF 40.00 0.00 X 165279 0 38175 ALICE RUBY PROGRAM DIRECTOR 40.00 0.00 X 123255 0 25773 1427522 0 271956 8 0 1 0 OBI SEAFOODS LLC 19405 69TH DR NE BLDG B ARLINGTON WA 98223 B. LADY REPAIRS & MAINTENANCE 440556 KPMG LLP DEPT 0922 PO BOX 120922 DALLAS TX 753120922 PROFESSIONAL SERVICES 228576 TRIDENT SEAFOODS 5303 SHILSHOLE AVE NW SEATTLE WA 98107 B. MAID REPAIRS & MAINTENANCE 121156 ADAMS AND REESE LLP 701 POYDRAS STREET STE 4500 NEW ORLEANS LA 70139 LOBBYING CONSULTANT 102000 NORTHERN ECONOMICS 800 E DIMOND BLVD STE 1300 ANCHORAGE AK 99515 STUDY 101954 6 EQUITY IN AFFIL EARNIN 110000 27501309 17638581 9862728 CDQ ROYALTIES 110000 14939989 14939989 IFQ ROYALTIES 110000 922511 922511 FISHING OPERATIONS 110000 100000 100000 54164 54164 43517973 4071677 4071677 72067082 72743170 -676088 -676088 -676088 ICE SALES FROM BARGES 110000 89769 89769 GOA PCOD DISASTER RECO 900099 33894 33894 MISCELLANEOUS 110000 1714 1714 125377 47038939 17918122 9862728 19258089 8340465 8340465 1936023 1936023 194208 194208 1765834 881902 883932 64364 32141 32223 410168 230805 179363 132047 67081 64966 360392 281485 78907 133173 133173 392187 392187 322069 129864 192205 13116 5648 7468 130527 10656 119871 19380 19380 1041829 1041829 139389 50315 89074 223986 70754 153232 237 237 38254 38254 809891 740025 69866 204930 122596 82334 FISHING IMPAIRMENT LOSS 2719835 2719835 UBI TAX EXPENSE 2102903 2102903 FUEL, GAS & OIL 745005 745005 152256 250271 -98015 22392468 20190044 2202424 0 29983490 35072566 13370714 14756309 1173956 402413 250024 126923 10686703 5678477 6718019 5008226 140489917 114550860 142525956 149820730 63579523 63579523 777534 1282809 398869133 384600359 1369624 1465354 899967 50000 6500000 3046679 1179026 11866270 2644380 X 387002863 381955979 387002863 381955979 398869133 384600359 X 24646471 -25153379 -4539976 X 0 1 X 1 0 202399 202399 1771370 659210 1112160 471652 395613 76039 8241282 4623654 3617628 5008226 INVESTMENT IN UNCONSOLIDATED AFFILIATES 94132344 C INVESTMENT IN IFQS 22174282 C INVESTMENT IN FISHING RIGHTS 2494559 C INVESTMENT IN CONSOLIDATED AFFILIATES 31019545 F 149820730 ACCOUNTS PAYABLE TO AFFILIATE 720406 STATE INCOME TAXES PAYABLE 458620 1179026 X 16953397 -25153379 -4539976 -29693355 46646752 392187 392187 47038939 22000281 0 22000281 392187 392187 22392468 PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER PROVISIONS OF SECTIONS 501(C)(4) AND ITS WHOLLY OWNED SUBSIDIARIES BBSRI AND HSST UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE. A TAX PROVISION IS MADE FOR THE ACTIVITIES OF THE COMPANY S INVESTEES THAT OCCUR OUTSIDE OF THE AREA ENVISIONED BY THE GOVERNING FEDERAL REGULATION AS WELL AS FOR THE NET INVESTMENT INCOME OF THE HSST. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN EARNINGS OF ENTITIES CONDOLIDATED FOR AFS -4,539,976. 1 AK DEPT OF FISH & GAME PO BOX 230 DILLINGHAM AK 99576 926001185 STATE OF ALASKA 12306 0 SEASONAL EMPLOYMENT OPPORTUNITIES ALEKNAGIK TRADITIONAL COUNCIL PO BOX 115 ALEKNAGIK AK 99555 942857786 TRIBAL COUNCIL 565361 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, YOUTH EMPLOYMENT AND OPPORTUNITIES FOR YOUTH BEAVER CREEK BED & BREAKFAST PO BOX 563 DILLINGHAM AK 99576 900011471 8893 0 SEASONAL EMPLOYMENT OPPORTUNITIES BRISTOL BAY AREA HEALTH CORP PO BOX 130 DILLINGHAM AK 99576 920044965 501 (C)(3) 5093 0 INTERNSHIPS BRISTOL BAY BOROUGH PO BOX 189 NAKNEK AK 99633 920029832 GOVERNMENT 5618 0 SEASONAL EMPLOYMENT OPPORTUNITIES BRISTOL BAY HERITAGE LAND TRUST PO BOX 1388 DILLINGHAM AK 99576 311721762 501 (C)(3) 10000 0 FLY FISHING ACADEMY BRISTOL BAY NATIVE ASSOC PO BOX 310 DILLINGHAM AK 99576 920041473 501 (C)(3) 53220 0 MATCH FOR CIUILSTET, INTERNSHIPS, SEASONAL EMPLOYMENT OPPORTUNITIES BRISTOL BAY SCIENCE & RESEARCH INSTITUTE PO BOX 1464 DILLINGHAM AK 99576 920168036 501 (C)(3) 1000000 0 SCIENTIFIC AND EDUCATIONAL PROJECTS C & R SOLUTIONS LLC PO BOX 1228 DILLINGHAM AK 99576 471654149 11786 0 YOUTH EMPLOYMENT AND SEASONAL EMPLOYMENT OPPORTUNITIES CITY OF DILLINGHAM PO BOX 889 DILLINGHAM AK 99576 920030674 CITY 83859 0 COMMUNITY/GROUP TRAININGS, SEASONAL EMPLOYMENT OPPORTUNITIES, GRANT WRITING ASSISTANCE, AND YOUTH EMPLOYMENT CITY OF EKWOK PO BOX 49 EKWOK AK 99580 920086143 CITY 16680 0 SEASONAL EMPLOYMENT OPPORTUNITIES AND YOUTH EMPLOYMENT CITY OF MANOKOTAK PO BOX 170 MANOKOTAK AK 99628 920037650 CITY 188577 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, SEASONAL EMPLOYMENT, AND OPPORTUNITIES FOR YOUTH CLARK'S POINT VILLAGE COUNCIL PO BOX 9 CLARKS POINT AK 99569 920073206 TRIBAL COUNCIL 668182 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, AND OPPORTUNITIES FOR YOUTH CURYUNG TRIBAL COUNCIL PO BOX 216 DILLINGHAM AK 99576 920069902 TRIBAL COUNCIL 563400 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, AND OPPORTUNITIES FOR YOUTH DILLINGHAM CITY SCHOOL DIST PO BOX 170 DILLINGHAM AK 99576 920031132 STATE OF ALASKA 32155 0 SEASONAL EMPLOYMENT OPPORTUNITIES, INTERNSHIPS, AND YOUTH EMPLOYMENT EGEGIK VILLAGE COUNCIL PO BOX 29 EGEGIK AK 99579 920063332 TRIBAL COUNCIL 562400 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, AND OPPORTUNITIES FOR YOUTH EKUK VILLAGE COUNCIL PO BOX 530 DILLINGHAM AK 99576 920163114 TRIBAL COUNCIL 565598 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, OPPORTUNITIES FOR YOUTH, AND SEASONAL EMPLOYMENT EKWOK NATIVES LIMITED PO BOX 29 EKWOK AK 99580 920049722 6518 0 YOUTH EMPLOYMENT AND SEASONAL EMPLOYMENT OPPORTUNITIES EKWOK VILLAGE COUNCIL PO BOX 70 EKWOK AK 99580 943057295 TRIBAL COUNCIL 590900 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, GRANT WRITING ASSISTANCE, SEASONAL EMPLOYMENT OPPORTUNITIES, OPPORTUNITIES FOR YOUTH, AND YOUTH EMPLOYMENT JERRY LIBOFF DBA JERRY'S TAX SERVICE PO BOX 646 DILLINGHAM AK 99576 573646462 6243 0 SEASONAL EMPLOYMENT OPPORTUNITIES JODIE HAZENBERG DBA JODIE'S IDEAS PO BOX 310 NAKNEK AK 99633 565153446 23533 0 INTERNSHIPS AND SEASONAL EMPLOYMENT OPPORTUNITIES KING FLYING SERVICE INC PO BOX 26 NAKNEK AK 99633 920094746 7655 0 SEASONAL EMPLOYMENT OPPORTUNITIES KING SALMON TRIBAL COUNCIL PO BOX 68 KING SALMON AK 99613 920177073 TRIBAL COUNCIL 542550 0 ECONOMIC DEVELOPMENT AND PROMOTION OF PROGRAMS LAKE & PENINSULA SCHOOL DISTRICT PO BOX 495 KING SALMON AK 99613 920128922 501 (C)(3) 150000 0 FISHERIES HABITAT PROTECTION LEVELOCK VILLAGE COUNCIL PO BOX 70 LEVELOCK AK 99625 920074206 TRIBAL COUNCIL 570768 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, COMMUNITY/GROUP TRAININGS, AND TECHNICAL ASSISTANCE MANOKOTAK VILLAGE COUNCIL PO BOX 169 MANOKOTAK AK 99628 920124434 TRIBAL COUNCIL 375000 0 ECONOMIC DEVELOPMENT NAKNEK VILLAGE COUNCIL PO BOX 106 NAKNEK AK 99633 920058661 TRIBAL COUNCIL 506000 0 ECONOMIC DEVELOPMENT AND OPPORTUNITIES FOR YOUTH NATIVE VILLAGE OF PORT HEIDEN PO BOX 49007 PORT HEIDEN AK 99549 920059922 TRIBAL COUNCIL 562348 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, AND COMMUNITY/GROUP TRAININGS OCEAN BEAUTY ICICLE SEAFOODS LLC 19405 68TH DR NE BLDG B ARLINGTON WA 98223 920032180 22005 0 SEASONAL EMPLOYMENT OPPORTUNITIES PILOT POINT TRIBAL COUNCIL PO BOX 449 PILOT POINT AK 99649 990143318 TRIBAL COUNCIL 556400 0 ECONOMIC DEVELOPMENT AND PROMOTION OF PROGRAMS PORTAGE CREEK VILLAGE COUNCIL 1762 ABBOTT ROAD ANCHORAGE AK 99507 920070857 TRIBAL COUNCIL 500000 0 ECONOMIC DEVELOPMENT SAFE & FEAR-FREE ENVIRONMENT PO BOX 94 DILLINGHAM AK 99576 920088380 501 (C)(3) 9608 0 SEASONAL EMPLOYMENT OPPORTUNITIES SNOW WAVE PRODUCTS PO BOX 142 NAKNEK AK 99633 920134875 5740 0 YOUTH EMPLOYMENT AND SEASONAL EMPLOYMENT OPPORTUNITIES SOUTH NAKNEK VILLAGE COUNCIL 2521 E MOUNTAIN VILLAGE DR WASILLA AK 99654 920065146 TRIBAL COUNCIL 556900 0 ECONOMIC DEVELOPMENT AND PROMOTION OF PROGRAMS SW AK VOC & EDUC CENTER PO BOX 615 KING SALMON AK 99613 920174741 501 (C)(3) 251015 0 COMMUNITY/GROUP TRAININGS AND SPONSORSHIP TRADITIONAL COUNCIL OF TOGIAK PO BOX 310 TOGIAK AK 99678 920113885 TRIBAL COUNCIL 551150 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, AND OPPORTUNITIES FOR YOUTH TWIN HILLS VILLAGE COUNCIL PO BOX TWA TWIN HILLS AK 99576 920062296 TRIBAL COUNCIL 586809 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, COMMUNITY/GROUP TRAININGS AND OPPORTUNITIES FOR YOUTH US FISH & WILDLIFE SERVICE - TOGIAK NTL WILDLIFE RESERVE PO BOX 270 DILLINGHAM AK 99576 530201504 U.S.A FEDERAL SERVIC 17232 0 SEASONAL EMPLOYMENT OPPORTUNITIES AND YOUTH EMPLOYMENT UGASHIK TRADITIONAL VILLAGE 2525 BLUEBERRY ROAD STE 205 ANCHORAGE AK 99503 920160597 TRIBAL COUNCIL 592412 0 ECONOMIC DEVELOPMENT, PROMOTION OF PROGRAMS, TENDERING SUPPORT, AND OPPORTUNITIES FOR YOUTH UNI OF AK FOUNDATION- BB PO BOX 755080 FAIRBANKS AK 99775 237394620 501 (C)(3) 84856 0 GED/ADULT BASIC EDUCATION, COMMUNITY/GROUP TRAININGS, AND NURSING PROGRAM UNITED TRIBES OF BRISTOL BAY PO BOX 1252 DILLINGHAM AK 99576 300785358 TRIBAL COUNCIL 311856 0 FISHERIES HABITAT PROTECTION AND SEASONAL EMPLOYMENT OPPORTUNITIES 33 8 PERMIT LOAN PROGRAM 56 396095 PERMIT & VESSEL LOAN TECH. ASSIST. 49 91292 EMERGENCY TRANSFER GRANTS 24 272100 SHOREFISH LEASES 1 800 VESSEL ACQUISITION PROGRAM 28 392383 INTEREST RATE ASSISTANCE 9 22356 PERSONAL FINANCE EDUCATION 4 16247 TAX ASSISTANCE PROGRAM 880 132000 VESSEL UPGRADES 18 277149 IN-SEASON EMERGENCY PROVISION PROG. 2 70000 RSW PURCHASE PROGRAM 1 22000 RSW FLEET SUPPORT 23 17875 STUDENT LOAN FORGIVENESS 3 10480 COLLEGE DEVELOPMENT FUND 26 38072 VOC/ TECHNICAL TRAINING PROGRAM 43 158381 QUALITY IMPROV. PROGRAM- TOTES 7 11634 BOOK TOTES FOR ICING FISH QUALITY IMPROV. PROGRAM- SLUSH BAGS 2 3968 BOOK SLUSH BAGS FOR ICING FISH QUALITY IMPROV. PROGRAM- DECK MATS 5 2940 BOOK PADDED DECK MATS FOR BOATS AT-SEA EMPLOYMENT 0 250 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 X X 0 0 0 0 0 0 0 0 0 MICHAEL LINK EXEC DIRECTOR 187632 0 0 0 500 0 9000 0 46561 0 243693 0 0 0 HELEN SMEATON COO 195509 0 500 0 0 0 7866 0 30498 0 234373 0 0 0 STACI FIESER CFO 165974 0 500 0 0 0 4761 0 45749 0 216984 0 0 0 CHARLES HENSEL SI STAFF 164779 0 500 0 0 0 6888 0 31287 0 203454 0 0 0 CHRISTOPHER NAPOLI CAO 142250 0 500 0 0 0 10250 0 30498 0 183498 0 0 0 CLIFFORD TUBBS FINANCE OFFICER 147123 0 500 0 0 0 6000 0 16825 0 170448 0 0 0 CARLA AKELKOK FAMILY RELATIONSHIP TO BOARD MEMBER 28778 REGIONAL FISHING DEVELOPMENT 2022 QUALITY IMPROVEMENTS, SLUSH BAGS TRISTIN CHANEY FAMILY RELATIONSHIP TO BOARD MEMBER 35000 REGIONAL FISHING DEVELOPMENT 2022 VUG IN SEASON EMERGENCY ELIZABETH CHIKLAK FAMILY RELATIONSHIP TO BOARD MEMBER 5000 REGIONAL FISHING DEVELOPMENT 2022 PRE SEASON ADVANCE BOBBY COOPCHIAK FAMILY RELATIONSHIP TO BOARD MEMBER 1000 REGIONAL FISHING DEVELOPMENT 2022 RSW SUPPORT BOBBY COOPCHIAK FAMILY RELATIONSHIP TO BOARD MEMBER 5170 REGIONAL FISHING DEVELOPMENT 2021 VESSEL UPGRADE GRANT JAMES FOLSOM SR FAMILY RELATIONSHIP TO BOARD MEMBER 1000 REGIONAL FISHING DEVELOPMENT 2022 RSW SUPPORT ROBERT HEYANO BOARD MEMBER 5598 REGIONAL FISHING DEVELOPMENT 2022 VESSEL UPGRADE GRANT H ROBIN SAMUELSEN BOARD MEMBER 1000 REGIONAL FISHING DEVELOPMENT 2021 RSW SUPPORT ALEXANDER TALLEKPALEK BOARD MEMBER 1000 REGIONAL FISHING DEVELOPMENT 2022 RSW SUPPORT ALEXANDER TALLEKPALEK BOARD MEMBER 35000 REGIONAL FISHING DEVELOPMENT 2021 RSW SUPPORT FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS - CURRENT YEAR BOARD MEMBERS - PETER ANGASAN, SR. HAS A FAMILY RELATIONSHIP WITH FRED ANGASAN, SR. FORM 990, PART VI, SECTION B, 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 REVIEW THE DRAFT RETURN BEFORE AUTHORIZING THE TAX PREPARER TO FINALIZE THE RETURN. A COPY OF THE RETURN WILL BE PROVIDED TO THE BOARD MEMBERS UPON REQUEST. FORM 990, PART VI, SECTION B, 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. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD SETS THE BEGINNING SALARY RANGE FOR THE POSITION OF THE PRESIDENT/CEO BASED ON A LOCAL SALARY SURVEY. THE LAST SALARY SURVEY WAS PERFORMED IN 2019. 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 3 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 PRESIDENT/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. FORM 990, PART VI, LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS - OFFICERS & KEY EMPLOYEES ANNUALLY, THE BOARD APPROVES THE BUDGET WHICH CONTAINS THE SALARY INFORMATION OF EMPLOYEES. THE BOARD SETS THE BEGINNING SALARY RANGE FOR THE POSITIONS AT BBEDC BASED ON A LOCAL SALARY SURVEY. THE LAST SALARY SURVEY WAS PERFORMED IN 2019. 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, WHICH IS APPROVED BY THE CAO/CEO, WITH THE PRESIDENT/CEO HAVING FINAL APPROVAL FOR ALL EMPLOYEES. IN ADDITION, FORMAL CONTRACTS ARE REQUIRED ANNUALLY FOR THE FOLLOWING POSITIONS: CHIEF ADMINISTRATIVE OFFICER, CHIEF FINANCIAL OFFICER, SEAFOOD INVESTMENT OFFICER, AND QUOTA MANAGER. FORM 990, PART VI, SECTION C, LINE 18 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. FORM 990, PART VI, SECTION C, 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. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF ENTITIES CONSOLIDATED FOR AFS -4,539,976. BRISTOL BAY ICE LLC PO BOX 1464 DILLINGHAM AK 995761464 204176963 COMMERCIAL FISHING AK 89969 247546 BBEDC ALEUTIAN MARINER VESSEL LLC PO BOX 1464 DILLINGHAM AK 995761464 862441869 COMMERCIAL FISHING AK 113795 1384687 BBEDC BRISTOL MARINER VESSEL LLC PO BOX 1464 DILLINGHAM AK 995761464 862462751 COMMERCIAL FISHING AK 122180 1449973 BBEDC NORDIC MARINER VESSEL LLC PO BOX 1464 DILLINGHAM AK 995761464 862496483 COMMERCIAL FISHING AK 115168 1392644 BBEDC PAC MARINER VESSEL LLC PO BOX 1464 DILLINGHAM AK 995761464 862526071 COMMERCIAL FISHING AK 542 39193 BBEDC OBS FISHMEAL LLC PO BOX 1464 DILLINGHAM AK 995761464 814555564 FISHMEAL PLANT AK 3364252 30520216 BBEDC BRISTOL BAY SCIENCE & RESEARCH INSTITUTE PO BOX 1464 DILLINGHAM AK 995761464 920168036 SCIENCE/ EDUCATIONAL AK 501(C)(3) LINE 7 BBEDC 1 HARVEY SAMUELSON SCHOLARSHIP TRUST PO BOX 1464 DILLINGHAM AK 995761464 300065137 SCHOLARSHIPS AK 501(C)(3) PF BBEDC 1 ALASKAN LEADER FISHERIES LLC 8874 BENDER RD LYNDEN WA 98264 611503131 COMMERCIAL FISHING AK N/A RELATED 288591 1248204 1 259253 0 0.50000 ALASKAN LEADER SEAFOODS LLC 8874 BENDER RD LYNDEN WA 98264 205851344 FISH MARKETING AK N/A RELATED 1333774 13540322 0 0 0.50000 ALASKAN LEADER VESSEL LLC 8874 BENDER RD LYNDEN WA 98264 920142904 COMMERCIAL FISHING AK N/A RELATED 1258536 4926295 1 0 0.50000 BERING LEADER FISHERIES LLC 8877 BENDER RD LYNDEN WA 98267 432055793 COMMERCIAL FISHING AK N/A RELATED -1004168 -1107617 1 0 0.50000 BRISTOL LEADER FISHERIES LLC 8878 BENDER RD LYNDEN WA 98268 911780779 COMMERCIAL FISHING AK N/A RELATED 1571186 6317658 1 0 0.50000 KODIAK LEADER FISHERIES LLC 8879 BENDER RD LYNDEN WA 98269 272387715 COMMERCIAL FISHING AK N/A RELATED -267645 6921744 0 0 0.50000 NORTHERN LEADER FISHERIES LLC 8880 BENDER RD LYNDEN WA 98270 454219695 COMMERCIAL FISHING AK N/A RELATED 1437872 4029928 1 0 0.50000 DONA MARTITA LLC 20308 DAYTON AVENUE SHORELINE WA 98133 912089115 COMMERCIAL FISHING WA N/A RELATED 4108478 5871005 1 -82212 0 0.50000 OCEAN BEAUTY SEAFOODS LLC PO BOX 70739 SEATTLE WA 98127 208899430 SEAFOOD PROCESSING AK N/A RELATED 7900452 192829149 0 7642304 0 0.50000 ALASKAN MARINER LLC PO BOX 1464 DILLINGHAM AK 99576 200499337 COMMERCIAL FISHING WA BBEDC RELATED 14742 169950 1 0 0.72520 ALEUTIAN MARINER LLC PO BOX 1464 DILLINGHAM WA 99576 911424870 COMMERCIAL FISHING WA BBEDC RELATED 59173 63047 1 0 0.77330 BRISTOL MARINER LLC PO BOX 1464 DILLINGHAM WA 99576 911812263 COMMERCIAL FISHING AK BBEDC RELATED 72109 13786 0 0 0.76160 NORDIC MARINER LLC PO BOX 1464 DILLINGHAM AK 99576 911837754 COMMERCIAL FISHING WA BBEDC RELATED 60631 146513 1 0 0.72810 PAC MARINER LLC PO BOX 1464 DILLINGHAM AK 99576 911424629 COMMERCIAL FISHING WA BBEDC RELATED 63755 74788 1 0 0.75970 SAYAK PARTNERS LLC 1200 FIFTH AVENUE 1500 SEATTLE WA 98101 850578624 COMMERCIAL FISHING WA BBEDC RELATED -410503 11913117 1 0 0.41370 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 BRISTOL BAY SCIENCE AND RESEARCH INSTITUTE B 1000000 FMV ARCTIC STORM HOLDINGS 2727 ALASKAN WAY SEATTLE AK 98121 911551320 COMMERCIAL FISHING WA RELATED 0 3778706 46310068 1 0 0 0.18300