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Organizations Norton Sound Economic Development Corporation

Norton Sound Economic Development Corporation

Fiscal year ending 2020. Filed on September 29, 2021.

2701 Gambell Street 400
Anchorage, Alaska 99503

Norton Sound Economic Development Corporation (EIN: 86-0710582) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Norton Sound Economic Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 10 out of 237 total employees. Among the employees shown here, the average compensation is $187,631. The highest compensated employee at Norton Sound Economic Development Corporation is Janis Ivanoff with fiscal year 2020 compensation of $306,849.

Revenue, expenses, and employee compensation

Revenue

$43,295,497

Expenses

$44,951,992

Employee compensation

$8,122,708
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Janis Ivanoff
President and Chief Executive Officer
$306,849
$245,756 $4,446 $56,647
Simon Kinneen
Vice President and Acq. Mgr.
$253,018
$199,756 No related comp$53,262
Richard Walicki
Chief Financial Officer and Treasurer
$238,471
$199,235 No related comp$39,236
Tyler Rhodes
Chief Operating Officer
$217,293
$166,729 No related comp$50,564
Matt Coates
Controller
$164,087
$117,506 No related comp$46,581
Joshua Osborne
NSSP Plant Manager
$146,830
$114,241 No related comp$32,589
Wesley Jones
Nsfr&D Director
$143,125
$120,673 No related comp$22,452
Laureli Ivanoff
Communications Director
$141,222
$105,664 No related comp$35,558
Virginia Nashalook
Sr. Accountant
$133,121
$111,505 No related comp$21,616
Kathy Wheelehan
Corporate Secretary
$132,296
$100,741 No related comp$31,555

Benchmark Employee Compensation

Non-Employee Board Members

Frank Katchatag
Chair
$44,584
$44,584 No related compNo other comp
Harvey Sookiayak Sr
Director
$40,826
$37,826 $3,000 No other comp
Oscar Takak
Director
$39,949
$39,949 No related compNo other comp
Milton Cheemuk
Director
$39,215
$39,215 No related compNo other comp
Adem Boeckmann
Director
$38,543
$38,543 No related compNo other comp
Truman Kava
Director
$38,007
$38,007 No related compNo other comp
Dan Harrelson
Director
$37,705
$37,705 No related compNo other comp
Joe Garnie
Director
$37,128
$34,428 $2,700 No other comp
Sara Seetot
Director
$36,827
$36,827 No related compNo other comp
Joel James
Director
$35,461
$35,461 No related compNo other comp
Morris Nashoanak
Director
$34,743
$34,743 No related compNo other comp
Dean Peterson
Director
$33,605
$33,605 No related compNo other comp

Mission Statement

To develop and sustain new and ongoing economic activity in the Norton Sound region. The Company's mission outlines its intentions to provide a balance between local economic development oriented towards the residents in the region and active participation in the distant-water fisheries in the Bering Sea and Aleutian Islands. The Company implements programs to educate, train, and employ people of the region; build infrastructure to help support the new and existing fisheries; start new fisheries through locally initiated development efforts; support the local salmon, herring, crab, and halibut fishermen; restore salmon runs in the region for both commercial and subsistence users; provide loans for gear, vessels, and secure equity interests in companies and vessels. The Company has not entered into any significant long-term agreements or commitments other than its agreements with the harvesters of its CDQ allocations.

Revisions to this organization profile

November 5, 2025:
2024 Norton Sound Economic Development Corporation 990 filed
November 14, 2024:
2023 Norton Sound Economic Development Corporation 990 filed
October 28, 2023:
2022 Norton Sound Economic Development Corporation 990 filed

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