2018-11-15T13:58:53-06:00 2017-12-31 KPMG LLP 701 W8TH AVE STE 600 Anchorage AK 99501 990 2017-01-01 920142567 BRISTOL BAY ECONOMIC DEVELOPMENT CORPORATION % STACI FIESER BRIS 9078424370 PO BOX 1464 DILLINGHAM AK 99576 STACI FIESER CFO 9078430723 2018-11-14 true NICK WHITMORE P01488898 9072651200 167.68.102.5 92003420183195000002 2018-11-15 P E3A0C30AFAD6BD076FB9A843ED5C7127C8D22B6F D72F827297F2257435E626F2EE3280EE28340A5A 2017 2019-02-21 02:37:17Z NORMAN VAN VACTOR PO BOX 1464 DILLINGHAM AK 99576 77887840 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 9 72 0 6806717 0 8000 8000 18057655 24731120 -7162909 4062692 187182 677873 11089928 29479685 14089671 12622307 0 0 2763125 2683538 0 0 0 -819344 6094472 16033452 21400317 -4943524 8079368 267366231 269695811 28920232 19348520 238445999 250347291 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 8120202 8120202 COMMUNITIES AND ECONOMIC 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 2017 (SAME AS 2016). CDQ COMMUNITIES REQUESTED AND WERE AWARDED GRANTS OF $500,000 PER COMMUNITY. 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 2017 (SAME AS 2016). THE ARCTIC TERN PROGRAM PROVIDES FUNDING FOR COMMUNITIES TO SUPPORT EMPLOYMENT AND EDUCATIONAL ACTIVITIES FOR RESIDENT YOUTH UNDER THE AGE OF 17. IN 2017, $75,950 WAS AWARDED (DOWN FROM $83,000 IN 2016). THE INTEREST RATE ASSISTANCE PROGRAM PROVIDED $44,252 IN INTEREST RATE ASSISTANCE TO 25 RESIDENTS (DOWN FROM 31 RESIDENTS AND $47,418 IN 2016). 2307480 1060861 656433 REGIONAL FISHERIES - 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 2017, BBEDC'S VESSEL UPGRADE PROGRAM ASSISTED 57 FISHERMEN WITH VESSEL UPGRADES FOR A TOTAL OF 697,596 (DOWN FROM 98 FISHERMEN AND $1,550,042 IN 2016). BBEDC CONTINUED WITH ITS QUALITY IMPROVEMENTS PROGRAM BY PURCHASING 15 TOTES FOR 8 FISHERMEN (DOWN FROM 39 TOTES FOR 13 FISHERMEN IN 2016), 30 SLUSH BAGS FOR 11 FISHERMEN (UP FROM 8 SLUSH BAGS FOR 3 FISHERMEN IN 2016), PROVIDING FLEX FOAM INSULATION TO 6 FISHERMEN (UP FROM 4 FISHERMEN IN 2016), AND PURCHASING PADDED DECK MATS FOR 19 FISHERMEN (UP FROM 7 FISHERMEN IN 2016). RSW FLEET SUPPORT OFFERED GRANTS UP TO $1,000 FOR FISHERMEN THAT HAD RSW SYSTEMS ON BOARD THEIR VESSELS. 20 FISHERMEN WERE AWARDED A TOTAL OF $14,039 (UP FROM 14 AND $9,813 IN 2016). 14 FISHERMEN WERE AWARDED WITH RSW SYSTEMS TOTALING $269,828 (up from 13 fishermen and $192,275 in 2016). PRE-SEASON ADVANCE LOANS WERE AWARDED TO 36 INDIVIDUALS IN 2016. IN ADDITION, TWO ICE BARGES DELIVERED 1,891,920 POUNDS OF ICE (DOWN FROM 2,158,300 POUNDS IN 2016) AND $50,000 WAS AWARDED TO FUND FISHERIES HABITAT PROTECTION. 1945076 1307145 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 105 RESIDENTS WITH FUNDS OF $137,182 (DOWN FROM $138,644 BUT UP FROM 93 RESIDENTS IN 2016). IN 2017, BBEDC'S VOCATIONAL/TECHNICAL PROGRAM ASSISTED 103 RESIDENTS WITH FUNDS OF $300,928 (DOWN FROM 124 RESIDENTS AND $358,402 IN 2016). BBEDC'S COMMUNITY AND GROUP TRAININGS PROVIDED $363,933 WORTH OF ASSISTANCE (UP FROM OVER $328,196 IN 2016). 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 2016) AS WELL AS PROVIDED A $10,000 CONTRIBUTION TO THEIR NURSING PROGRAM. THE STUDENT LOAN FORGIVENESS PROGRAM PROVIDED 8 RESIDENTS WITH FUNDS TOTALING $49,070 (UP FROM $37,441 FOR 7 RESIDENTS IN 2016). BBEDC'S INTERNSHIP PROGRAMS CONTINUED WITH 7 RESIDENTS BENEFITING FROM THE NON-REGION-BASED INTERNSHIPS (DOWN FROM 10 IN 2016), 13 RESIDENTS BENEFITING FROM THE IN-REGION INTERSHIPS (UP FROM 8 IN 2016), AND 20 YOUTH BENEFITING FROM YOUTH INTERNSHIPS (DOWN FROM 28 IN 2016). BBEDC'S EMPLOYMENT OPPORTUNTIES CONTINUED PROVIDING SEASONAL EMPLOYMENT TO 34 RESDIENTS (DOWN FROM 37 IN 2016) AND PROVIDED 6 RESIDENTS WITH PRE-EMPLOYMENT SCREENING AND TRAVEL COSTS OF $5,336 FOR AT-SEA EMPLOYMENT. IN 2017, BBEDC ALSO PROVIDED FUNDING IN THE AMOUNT OF $67,233 FOR A FISHERIES INITIATIVE PROGRAM WITH A LOCAL SCHOOL DISTRICT. 6343 3159 TECHNICAL ASSISTANCE 27402 17286 GRANT WRITING ASSISTANCE 748905 729225 COMMUNITY LIAISONS 496322 461369 PERMIT LOAN PROGRAM 1674076 750000 INVESTMENT MANAGEMENT 472865 143060 PERMIT BROKERAGE 310681 QUOTA MANAGEMENT 59558 OUTREACH 30000 30000 CONTRIBUTIONS 3826152 2134099 16198910 false true false false false false false true false true false true true 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 83 0 true 72 true true true false false false false false X 17 9 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 0.4 X 34668 4832 0 FRED T ANGASAN SR VICE CHAIRMAN OF THE BOARD 1.7 0.1 X 18084 916 0 HATTIE ALBECKER SECRETARY OF THE BOARD 1.9 0.1 X 20584 916 0 ROBERT HEYANO TREASURER OF THE BOARD 2.0 0.1 X 21084 916 0 LOUIE ALAKAYAK SR BOARD MEMBER 1.0 0.0 X 7500 0 0 MARGIE ALOYSIUS BOARD MEMBER 0.7 0.0 X 5000 0 0 RICHARD ALTO BOARD MEMBER 0.3 0.0 X 2000 0 0 MARK ANGASAN BOARD MEMBER 0.9 0.0 X 6000 0 0 BETTY GARDINER-WASSILY BOARD MEMBER 0.7 0.0 X 4500 0 0 KENNETH JENSEN BOARD MEMBER 0.8 0.3 X 5750 3750 0 MARY ANN JOHNSON BOARD MEMBER 1.2 0.4 X 10084 4416 0 GERDA KOSBRUK BOARD MEMBER 1.0 0.2 X 12055 1916 0 VICTOR SEYBERT BOARD MEMBER 1.6 0.1 X 15584 916 0 FRITZ SHARP BOARD MEMBER 0.7 0.3 X 5250 3250 0 JIMMY COOPCHIAK BOARD MEMBER 0.9 0.0 X 5500 0 0 ALEXANDER TALLEKPALEK BOARD MEMBER 1.0 0.0 X 5500 0 0 PAUL HANSEN SR BOARD MEMBER 0.8 0.3 X 4500 4000 0 RALPH ANGASAN III BOARD ALTERNATE 0.2 0.0 X 1000 0 0 JOHN CHRISTENSEN JR BOARD ALTERNATE 0.2 0.0 X 1000 0 0 WILLIAM YOST BOARD ALTERNATE 0.2 0.0 X 1000 0 0 NORMAN VAN VACTOR PRESIDENT/CEO 40.0 0.0 X 236626 0 26204 HELEN SMEATON CHIEF OPERATING OFFICER 40.0 0.0 X 115976 0 38808 STACI FIESER CHIEF FINANCIAL OFFICER 40.0 0.0 X 116911 0 64388 CHRIS NAPOLI CHIEF ADMINISTRATIVE OFFICER 40.0 0.0 X 98726 0 39276 PAUL PEYTON SEAFOOD INVESTMENT OFFICER 40.0 0.0 X 173803 0 44428 928685 25828 213104 6 false true false KPMG LLP 701 W 8TH AVENUE SUITE 600 ANCHORAGE AK 995013467 PROF SERVICES 194147 ADAMS AND REESE LLP PO BOX 2153 DEPT 5208 BIRMINGHAM AL 35287 PROF SERVICES 102004 ZACHARY SCOTT COMPANY 1200 FIFTH AVENUE SUITE 1500 SEATTLE WA 98101 PROF SERVICES 100718 AMAK TOWING COMPANY INC PO BOX 7655 KETCHIKAN AK 99901 TOWING SERVICES 167204 4 8000 8000 CDQ ROYALTIES 110000 13894290 13894290 IFQ ROYALTIES 110000 2454543 2454543 EQUITY IN EARNINGS OF UNCON. AFFILIATES 110000 8060021 1253304 6806717 FISHING RIGHTS INVESTMENT INCOME 110000 322266 322266 24731120 4307928 4307928 0 0 0 0 0 48162919 48408155 -245236 -245236 -245236 0 0 0 0 0 0 0 0 0 BBEDC MATCHING FUNDS 110000 17833 17833 ICE SALES FROM BARGES 110000 125751 125751 INSURANCE RECOVERY 110000 530682 530682 3607 1386 2221 677873 29479685 2251222 6806717 20413746 10470248 10470248 2152059 2152059 0 0 925901 228261 697640 0 0 1021214 681994 339220 52359 17794 34565 543772 260363 283409 140292 72810 67482 0 143642 48582 95060 190511 190511 122254 122254 0 316257 309059 7198 130387 124417 5970 21145 18644 2501 90814 17404 73410 27609 27609 0 81303 22691 58612 349882 158557 191325 0 11757 1842 9915 37471 37471 0 202587 133288 69299 114065 53180 60885 DUES AND SUBSCRIPTIONS 66467 63004 3463 PROGRAM EXPENSES 1299590 1299590 UBI TAX EXPENSE 2897046 2897046 TRAINING AND STAFF DEVELOPMENT 17958 17958 -26273 27652 -53925 21400317 16198910 5201407 0 0 0 7349757 18844376 0 0 7862621 6168630 0 0 0 0 0 0 0 0 115693 1259399 5882059 4106875 1936360 1775184 81378225 89523556 0 0 118056814 101153233 0 0 50666761 50971433 267366231 269695811 480409 826939 16084036 18335202 0 0 0 0 0 1000 0 0 12014117 0 0 0 341670 185379 28920232 19348520 X 238445999 250347291 0 0 0 0 238445999 250347291 267366231 269695811 X 8079368 6790740 -2968816 X false true X true false false true X 202399 202399 1643904 438505 1205399 426350 302993 123357 3609406 3365377 244029 1775184 INVESTMENT IN UNCONS AFFILIATE 57825864 C INVESTMENT IN IFQS 27147325 C INVESTMENT IN FISHING RIGHTS 2650000 C INVESTMENT IN CONS. AFFILIATES 13530044 F 101153233 ACCRUED INTEREST 294946 DUE FROM AFFILIATES 18864 GOODWILL 49368275 FED INCOME TAXES RECEIVABLE 567142 STATE INCOME TAXES RECEIVABLE 42692 DEFERRED TAXES 215170 INSURANCE CLAIM RECEIVABLE 464344 50971433 0 STATE INCOME TAXES 260 DUE TO AFFILIATES 185119 185379 37990998 6790740 1720573 8511313 29479685 29479685 26089706 4689389 4689389 21400317 21400317 Form 990, Sch D, Part XI, line 2d Equity in earnings of consolidated affiliates of $1,720,573. FORM 990, SCH D, PART XII, LINE 2D IFQ IMPAIRMENT LOSS OF $4,689,389 FORM 990 SCH D, PART IV LINE 2B PRIOR TO 12/31/2017, BBEDC RECEIVED $1,000 FROM A PARTICIPANT TO BE USED TOWARDS A PERMIT LOAN PURCHASE THAT WAS FINALIZED IN 2018. true ALEKNAGIK TRADITIONAL COUNCIL BOX 115 ALEKNAGIK AK 99555 942857786 Trad. Council 515761 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CITY OF DILLINGHAM BOX 889 DILLINGHAM AK 99576 920030674 City 48771 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT; GROUP TRAININGS CLARKS POINT VILLAGE COUNCIL BOX 9 CLARKS POINT AK 99569 920073206 Village Council 555444 ECONOMIC DEVELOPMENT; SEASONAL EMPLOYMENT ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CURYUNG TRIBAL COUNCIL BOX 216 DILLINGHAM AK 99576 920069902 TRIBAL COUNCIL 559380 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EGEGIK VILLAGE COUNCIL BOX 29 EGEGIK AK 99579 920063332 VILLAGE COUNCIL 546300 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EKWOK VILLAGE COUNCIL BOX 70 EKWOK AK 99580 943057295 VILLAGE COUNCIL 569258 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EKUK VILLAGE COUNCIL BOX 530 DILLINGHAM AK 99576 920163114 VILLAGE COUNCIL 552300 ECONOMIC DEVELOPMENT PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS KING SALMON GROUND LLC BOX 214 KING SALMON AK 99613 900421246 8181 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS SEASONAL EMPLOYMENT OPPORTUNITIES KING SALMON TRIBAL COUNCIL BOX 68 KING SALMON AK 99613 920177073 TRIBAL COUNCIL 46300 SEASONAL EMPLOYMENT OPPORTUNITIES PROMOTION OF PROGRAMS LEVELOCK VILLAGE COUNCIL BOX 70 LEVELOCK AK 99625 920074206 VILLAGE COUNCIL 563239 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CITY OF MANOKOTAK BOX 170 MANOKOTAK AK 99628 920037650 CITY 195736 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; OPPS FOR YOUTH MANOKOTAK VILLAGE COUNCIL BOX 169 MANOKOTAK AK 99628 920124434 VILLAGE COUNCIL 366288 ECONOMIC DEVELOPMENT; OPPS FOR YOUTH ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS NAKNEK VILLAGE COUNCIL BOX 106 NAKNEK AK 99633 920058661 VILLAGE COUNCIL 552300 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS CITY OF PILOT POINT BOX 430 PILOT POINT AK 99649 920140460 CITY 25487 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES PILOT POINT VILLAGE COUNCIL BOX 449 PILOT POINT AK 99649 990143318 VILLAGE COUNCIL 552300 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS NATIVE VILLAGE OF PORT HEIDEN BOX 49007 PORT HEIDEN AK 99549 920059922 NATIVE VILLAGE 568836 SEASONAL EMPLOYMENT OPPORTUNITIES ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS PORTAGE CREEK VILLAGE COUNCIL 1762 ABBOT ROAD ANCHORAGE AK 99507 920070857 VILLAGE COUNCIL 506000 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 558617 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS SOUTHWEST ALASKA VOCATIONAL & EDUCATION CENTER BOX 615 KING SALMON AK 99613 920174741 501(c)(3) 214866 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS COMMUNITY/GROUP TRAININGS TRADITIONAL COUNCIL OF TOGIAK BOX 310 SUITE B PMB 388 TOGIAK AK 99678 920113885 TRAD. COUNCIL 557535 ECONOMIC DEVELOPMENT ; PROMO OF PROGRAMS ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS TWIN HILLS VILLAGE COUNCIL BOX TWA TWIN HILLS AK 99576 920062296 VILLAGE COUNCIL 573528 COMMUNITY/GROUP TRAININGS; SEASONAL EMPL ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS UGASHIK TRADITIONAL COUNCIL 2525 BLUEBERRY RD SUITE 205 ANCHORAGE AK 99503 920160597 TRAD. COUNCIL 552300 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 SCIENTIFIC AND EDUCATIONAL PROJECTS UAF-BRISTOL BAY CAMPUS BOX 1070 SUITE 205 DILLINGHAM AK 99576 926000147 STATE OF ALASKA 123316 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS GED/ADULT BASIC ED; TRAININGS; NURSING OCEAN BEAUTY SEAFOODS LLC BOX 70739 SEATTLE WA 981271539 208899430 12560 SCIENTIFIC AND EDUCATIONAL PROJECTS INTERNSHIPS BRISTOL BAY LAND HERITAGE TRUST BOX 1388 DILLINGHAM AK 99576 311721762 501(c)(3) 10000 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS EDUCATION - BB RIVER ACADEMY UNITED STATES SEAFOODS LLC 6901 MARGINAL WAY SW SEATTLE WA 98106 912087455 24445 ECONOMIC DEVELOPMENT; PROMO OF PROGRAMS INTERNSHIPS WESTWARD SEAFOODS INC 2101 4TH AVE SUITE 1700 SEATTLE WA 981212377 911443701 22261 SCIENTIFIC AND EDUCATIONAL PROJECTS INTERNSHIPS DILLINGHAM CITY SCHOOL DISTRICT BOX 170 DILLINGHAM AK 99576 920031132 STATE OF ALASKA 9784 GED/ADULT BASIC ED; TRAININGS; NURSING SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES SAFE AND FEAR-FREE ENVIRONMENT BOX 94 DILLINGHAM AK 99576 920088380 501(c)(3) 17545 INTERNSHIPS EDUCATION - BB RIVER ACADEMY SEASONAL EMPLOYMENT OPPORTUNITIES UNITED TRIBES OF BRISTOL BAY BOX 1252 DILLINGHAM AK 99576 300785358 TRIBAL COUNCIL 50000 INTERNSHIPS FISHERIES HABITAT PROTECTION COMMUNITY FINANCIAL INC 520 E 32ND AVE ANCHORAGE AK 99503 611527877 501(c)(3) 20000 INTERNSHIPS INTERNSHIPS ECONOMIC DEVELOPMENT - CONTRIBUTION BRISTOL BAY BOROUGH SCHOOL DISTRICT BOX 169 NAKNEK AK 99633 920029587 STATE OF ALASKA 67233 INTERNSHIPS FISHERIES HABITAT PROTECTION EDUCATIONAL FISHERIES INITIATIVE BRISTOL BAY NATIVE ASSOCIATION BOX 310 DILLINGHAM AK 99576 920041473 501(c)(3) 6079 ECONOMIC DEVELOPMENT SEASONAL EMPLOYMENT; COMM/GROUP TRAINING CITY OF ALEKNAGIK BOX 33 ALEKNAGIK AK 99555 920079021 City 52954 deck mats for fish ECONOMIC DEVELOPMENT; COMMUNITY TRAINING ANDREW BERKOSKI DBA SUBWAY OF DILLINGHAM BOX 1296 DILLINGHAM AK 99576 5197 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES BAY AMUSEMENTS DBA EDDIE'S FIREPLACE INN BOX 348 KING SALMON AK 99613 920125527 10389 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES BRISTOL BAY AREA HEALTH CORPORATION BOX 130 DILLINGHAM AK 99576 920044965 501(c)(3) 14105 EDUCATIONAL FISHERIES INITIATIVE COMM/GROUP TRAININGS; SEASONAL EMPLOY OP BRISTOL BAY HOUSING AUTHORITY BOX 50 DILLINGHAM AK 99576 920049726 STATE OF ALASKA 15887 SEASONAL EMPLOYMENT OPPORTUNITIES INTERNSHIPS BRISTOL BAY TELEPHONE COOPERATIVE BOX 259 KING SALMON AK 99613 920047849 STATE OF ALASKA 7823 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES COASTAL AIR LLC BOX 137 NAKNEK AK 99633 364772858 8365 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES COPPER RIVER SEAFOODS LLC 1118 E 5TH AVE ANCHORAGE AK 99501 920157589 10568 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES CITY OF EKWOK BOX 49 EKWOK AK 99580 920086143 CITY 9587 SEASONAL EMPLOYMENT OPPORTUNITIES SEASONAL EMPLOYMENT OPPORTUNITIES KDLG BOX 670 DILLINGHAM AK 99576 920031132 26103 COMMUNITY/GROUP TRAININGS SEASONAL EMPLOY OPPS/INTERNSHIPS CITY OF TOGIAK BOX 190 TOGIAK AK 99678 920047402 CITY 7320 INTERNSHIPS COMMUNITY/GROUP TRAININGS 37 8 PERMIT LOAN PROGRAM 42 251614 PERMIT AND VESSEL LOAN TECHNICAL ASSISTANCE 60 18516 EMERGENCY TRANSFER GRANTS 30 127925 INTEREST RATE ASSISTANCE 25 44252 PERSONAL FINANCE/EDUCATION 51 810 TAX ASSISTANCE PROGRAM 1138 142250 VESSEL UPGRADES 57 697596 STUDENT LOAN FORGIVENESS PROGRAM 8 49070 COLLEGE DEVELOPMENT FUND 105 137182 VOCATIONAL/TECHNICAL TRAINING PROGRAM 103 300928 QUALITY IMPROVEMENTS PROGRAM - TOTES 8 11064 BOOK TOTES FOR ICING FISH QUALITY IMPROVEMENTS PROGRAM - SLUSH BAGS 11 8616 BOOK SLUSH BAGS FOR ICING QUALITY IMPROVEMENTS PROGRAM - FOAM INSULATION 6 2412 BOOK FOAM INSUL FOR ICING VESSEL ACQUISITION PROGRAM 10 63314 RSW FLEET SUPPORT 20 14039 RSW PURCHASE PROGRAM 14 269828 QUALITY IMPROVEMENTS PROGRAM - PADDED DECK MAT 19 7167 BOOK DECK MATS FOR FISH PRE-SEASON ADVANCE LOANS 36 140 AT-SEA EMPLOYMENT 6 5336 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 216126 0 20500 0 0 0 6479 0 19725 0 262830 0 0 0 HELEN SMEATON CHIEF OPERATING OFFICER 115476 0 500 0 0 0 3502 0 35307 0 154785 0 0 0 STACI FIESER CHIEF FINANCIAL OFFICER 116411 0 500 0 0 0 8923 0 55465 0 181299 0 0 0 PAUL PEYTON SEAFOOD INVESTMENT OFFICER 173303 0 500 0 0 0 5185 0 35307 0 214295 0 0 0 AMY ANGASAN GRANDDAUGHTER OF BOARD MEMBER 432 EDUCATIONAL ASSISTANCE EDUCATION TRISTON CHANEY GRANDSON/NEPHEW OF BOARD MEMB. 1496 EDUCATIONAL ASSISTANCE EDUCATION KAYLANI FARLER SISTER-IN-LAW/GREAT-NIECE O 648 EDUCATIONAL ASSISTANCE EDUCATION SHARON HANSEN GRANDDAUGHTER OF BOARD MEMBER 618 EDUCATIONAL ASSISTANCE EDUCATION SAMUEL ILUTSIK GRANDSON OF BOARD MEMBER 2042 TRAINING ASSISTANCE JOB TRAINING ARTHUR SHARP BROTHER OF BOARD MEMBER 4715 TRAINING ASSISTANCE JOB TRAINING CADEN SMEATON SON OF BBEDC OFFICER 1496 EDUCATIONAL ASSISTANCE EDUCATION DANNY WASSILY BROTHER-IN-LAW OF BOARD MEMBER 2272 TRAINING ASSISTANCE JOB TRAINING TONY JOHNSON GREAT GRANDSON OF BD MBR 1030 TRAINING ASSISTANCE JOB TRAINING 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. Alternate Board Member Ralph Angasan, III has a family relationship with Board Members Mark Angasan and Fred Angasan, Sr. Alternate Board Member John Christensen, Jr. has a family relationship with Board Member Gerda Kosbruk. 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 and enforcement 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.The last salary survey was performed in 2014. 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 approve 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. The last salary survey was performed in 2014. 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 ARE APPROVED BY THE COO/CEO, 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. 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. BRISTOL BAY ICE LLC PO BOX 1464 DILLINGHAM AK 99576 204176963 COMM. 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