Fiscal year ending 2021. Filed on November 14, 2022.
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 2021 IRS Form 990 filing, Norton Sound Economic Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 11 out of 262 total employees. Among the employees shown here, the average compensation is $198,837. The highest compensated employee at Norton Sound Economic Development Corporation is Janis Ivanoff with fiscal year 2021 compensation of $371,412.
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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.
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