NonprofitsValdez Fisheries Development Assoc

Animal-Related

Valdez Fisheries Development Assoc

VALDEZ, AK

Total revenue

$6.6M

Total expenses

$4.5M

Net assets

$13.1M

Grants received

$16K

1 grants

EIN

920074473

Tax year

2023

Mission

To raise and release salmon fry to guarantee the return of salmon to Port Valdez to support commercial and sport fishing under the control of the Alaska Department of Fish and Game and the PWS Management team.

Programs

1 program

Fish Processing - Accounts for all activities at the processing plant. This was created to achieve full utilization of surplus hatchery resources, by processing and marketing smoked salmon products and caviar.

Expenses: $741K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$5.7M
Investment income$910K
Other revenue$20K
Total revenue$6.6M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising
Other expenses$2.3M
Total expenses$4.5M
Total assets$18.9M
Net assets$13.1M

People

11 listed

NameRoleCompensation

Mike Wells

Executive Dir.

Board

$149K

40 hrs/wk

Laura Therriault

Accountant

Board

$108K

40 hrs/wk

Rosalyn Espiritu

Accountant

Board

$46K

40 hrs/wk

Thane Miller

President

Board

2 hrs/wk

Edward Day

Vice President

Board

0.5 hrs/wk

Colleen Stephens

Treasurer

Board

0.5 hrs/wk

Raymond Sutton

Secretary

Board

0.5 hrs/wk

Bernard Culbertson

Director

Board

0.5 hrs/wk

Alan Sorum

Director

Board

0.5 hrs/wk

George Levasseur

Director

Board

0.5 hrs/wk

Rob Unger

Hatchery Manager

Staff

$110K

40 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$16K
Operational Support
2020

Funded by

$16K from 1 funder · 1 grant · 2020

The Alaska Community Foundation

$16K · 1 grant · 2020

Details

EIN920074473
NTEE codeD330
Subsection03
Ruling date1981-09
Formed1980
Employees50
Volunteers7
VALDEZ FISHERIES DEVELOPMENT ASSOC — Mission, Financials & Grants Received | Grantivo