Compensation 990

Bristol Bay Economic Development Corp.

Fiscal year ending 2021. Filed on March 22, 2024.

PO Box 1464
Dillingham, Alaska 99576

Bristol Bay Economic Development Corp. (EIN: 92-0142567) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2021 IRS Form 990 filing, Bristol Bay Economic Development Corp., a 501(c)(4) civic league or social welfare organization, reported compensation for 10 out of 34 total employees. Among the employees shown here, the average compensation is $166,734. The highest compensated employee at Bristol Bay Economic Development Corp. is Norman van Vactor with fiscal year 2021 compensation of $330,582.

Revenue, expenses, and employee compensation

Revenue

$73,071,666

Expenses

$37,467,010

Employee compensation

$3,336,293
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Norman van Vactor
President and Chief Executive Officer
$330,582
$289,115 from orgNo related comp$41,467 other
Paul Peyton
SIO
$243,725
$205,858 from orgNo related comp$37,867 other
Staci Fieser
Chief Financial Officer
$194,402
$145,380 from orgNo related comp$49,022 other
Helen Smeaton
Chief Operating Officer
$191,212
$155,673 from orgNo related comp$35,539 other
Charles Hensel
SI Staff
$190,248
$158,157 from orgNo related comp$32,091 other
Christopher Napoli
Chief Administrative Officer
$160,623
$122,125 from orgNo related comp$38,498 other
Alice Ruby
Program Director
$155,129
$130,485 from orgNo related comp$24,644 other
Clifford Tubbs
Finance Officer
$143,417
$122,785 from orgNo related comp$20,632 other
H Robin Samuelsen Jr
Chair
$57,500
$53,583 from org$3,917 from relatedNo other comp
Ralph Angasan Jr
Alternate Board Member
$500
$500 from orgNo related compNo other comp

Non-Employee Board Members

Hattie Albecker
Secretary
$28,000
$25,833 from org$2,167 from relatedNo other comp
Robert Heyano
Treasurer
$26,000
$24,333 from org$1,667 from relatedNo other comp
Victor Seybert
Board Member
$22,000
$19,750 from org$2,250 from relatedNo other comp
Gerda Kosbruk
Board Member
$21,000
$17,667 from org$3,333 from relatedNo other comp
Fred T Angasan Sr
Board Member
$15,500
$14,250 from org$1,250 from relatedNo other comp
Mary Ann Johnson
Board Member
$15,500
$11,500 from org$4,000 from relatedNo other comp
Jimmy Coopchiak
Board Member
$7,500
$7,000 from org$500 from relatedNo other comp
Fritz Sharp
Board Member
$4,500
$2,250 from org$2,250 from relatedNo other comp
Michael Gottschalk
Board Member
$4,500
$2,000 from org$2,500 from relatedNo other comp
Louie Alakayak Sr
Board Member
$4,000
$4,000 from orgNo related compNo other comp
Alexander Tallekpalek
Board Member
$3,500
$3,500 from orgNo related compNo other comp
Mark Angasan
Board Member
$3,500
$3,500 from orgNo related compNo other comp

Contractors

Kaldestad Management
Professional
$658,602
Coastal Alaska Premier Seafoods LLC
Professional
$325,000
Thomas Suryan
Vessel Captain
$238,214
Jeffrey Morehouse
Vessel Captain
$231,038
Ryan Brummond
Vessel Captain
$216,338

Mission Statement

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.

Revisions to this organization profile

January 15, 2025:
2023 Bristol Bay Economic Development Corp. 990 filed
March 22, 2024:
2021 Bristol Bay Economic Development Corp. 990 filed
June 13, 2023:
2020 Bristol Bay Economic Development Corp. 990 filed

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