2024-11-14T14:42:56-08:00 2023-12-31 920143182 ALTMAN ROGERS & CO 3000 C ST STE 201 ANCHORAGE AK 99503 990 2023-01-01 920115279 Kodiak Regional Aquaculture Association KODI 9074866555 104 Center Ave Ste 205 Kodiak AK 99615 Tina M Fairbanks Executive Director 2024-11-14 true true Sterling Gillon CPA P02428406 9072742992 2023 2024-10-15 13:58:12Z Oliver N Holm 104 Center Ave Ste 205 Kodiak AK 99615 4674420 false X www.kraa.org X 1983 AK Provide fisheries rehabilitation, enhancement, and development activities for Kodiak Island, ALaska regional waters. 15 15 55 15 0 1693678 1212092 95000 95000 553561 410376 4852116 2591747 7194355 4309215 0 0 2159498 2227417 0 0 2748043 3088154 4907541 5315571 2286814 -1006356 26009011 25472010 1798777 1702929 24210234 23769081 X Provide fisheries rehabilitation, enhancement, and development activities for Kodiak Island, ALaska regional waters. false false 2789592 Kitoi Bay Hatchery Accounts for the activities associated with the administration and operation of the Kitoi Bay Hatchery. 925641 2658138 Pillar Creek Hatchery Accounts for the activities associated with the administration and operation of the Pillar Creek Hatchery. 791844 Research and Monitoring Accounts for the activities associated with the research and monitoring of local fisheries. 11724 4518801 false true false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 55 true false false false false false false false false false false false X 15 15 false false false false true true false true true false false false true true true true false true true false X X Tammy Hulsey 9074866555 104 Center Ave Suite 205 Kodiak AK 99615 Tina M Fairbanks Executive Dir. 55.00 0.00 X 104296 0 15038 Tammy R Hulsey Adm Mana/Fin Of 50.00 0.00 X 84223 0 15929 Oliver N Holm President 1.00 0.00 X X 0 0 0 Wallace F Fields Vice President 1.00 0.00 X X 0 0 0 Darren Platt Treasurer 1.00 0.00 X X 0 0 0 Matt Alward Director 0.50 0.00 X 0 0 0 Daniel Clarion Director 0.50 0.00 X 0 0 0 Matt Moir Director 0.50 0.00 X 0 0 0 Kevin Fisher Director 0.50 0.00 X 0 0 0 Bryan Horn Secretary 1.00 0.00 X X 0 0 0 Jeff Stephan Director 0.50 0.00 X 0 0 0 Nicholas Hoffman Director 0.50 0.00 X 0 0 0 Marko Patitucci Exec. Committee 0.50 0.00 X X 0 0 0 Adam Wischer Director 0.50 0.00 X 0 0 0 Dave Hilty Director 0.50 0.00 X 0 0 0 Adelia Myrick Director 0.50 0.00 X 0 0 0 James Rick Berns Director 0.50 0.00 X 0 0 0 188519 30967 1 false false false 0 1212092 1212092 ADF&G Sport Project 110000 95000 95000 95000 341838 341838 0 2563038 2563038 40333 11724 28609 28609 28609 365866 56153 353481 12385 56153 68538 68538 0 0 0 KBH Pet Damage/Repair 100 100 100 4309215 2658138 438985 0 0 0 0 219487 168689 50798 0 1483309 1140014 343295 88607 68100 20507 282521 217134 65387 153493 117970 35523 0 2638 2270 368 24748 21300 3448 0 0 65362 65362 246493 212153 34340 910 783 127 30679 26405 4274 0 0 103814 89352 14462 458066 389483 68583 0 0 53757 53757 0 715467 715467 283702 244178 39524 Food 445145 434150 10995 Fuel 172080 167829 4251 Contracted SOA Personnel Costs 159575 137344 22231 Commodities & Supplies 112225 109453 2772 213493 202970 10523 5315571 4518801 796770 0 496581 449445 9025874 8384466 27206 59546 0 0 0 0 0 38973 52 17269921 7966789 9956198 9303132 6403161 7205429 0 0 0 61018 69940 26009011 25472010 78239 76440 1561313 1535448 159225 91041 1798777 1702929 X 24210234 23769081 24210234 23769081 26009011 25472010 -1006356 565203 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 750000 750000 9701271 9701271 6818650 6818650 7966789 -7966789 9303132 Accrued payroll liabilities 87960 Tenant deposit 3081 91041 X 4820780 565203 565203 4255577 65362 -11724 53638 4309215 5261933 11724 11724 5250209 65362 65362 5315571 Part X : FIN48 Footnote The Association is exempt from federal income taxes under Section 501(c)(5) of the Internal Revenue Code. Although the Association is exempt from federal income taxes, any income derived from unrelated business activities is subject to the requirements of filing Federal Income Tax Form 990-T and a tax liability may be determined on these activities. The Association classifies all interest and penalties related to tax contingencies as income tax expense. As of December 31, 2023 and 2022, there were accrued interests and penalties of $0 and $0. As of December 31, 2023 and 2022 there were no uncertain tax positions or unrecognized tax benefits for which management believes it is reasonably possible that the total amounts of tax contingencies will significantly increase or decrease within 12 months of the reporting date.As of December 31, 2023, with few exceptions, the Association is no longer subject to examinations by federal and state tax authorities prior to 2020. Part XII, Line 2d: Other expenses and losses per audited F/S Expenses reported on Part VIII line 6b $11724 Loss on Disposal of Fixed assets $0 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Trident Way Rental Property - Accounts for activities associated with storage rentals on land owned by the Association. Form 990, Part VI, Section A, Line 6 All Kodiak Area commercial fishing permit holders are considered members. Permit holders vote annually to elect 15 representatives to serve on the Board of Directors. Form 990, Part VI, Section B, Line 11b Tax Documents are provided to KRAA management staff by Accountant/Accounting firm for review and signing before filing. Review is conducted in-house by comparing accounting system and audit records. Form 990, Part VI, Section B, Line 12c Policies are discussed at the Annual Board meeting, when new members are seated. Form 990, Part VI, Section B, Line 15a Compensation for the Executive Director is determined by the Board of Directors. Form 990, Part VI, Section B, Line 15b Compensation for Key Employees is determined by the Executive Director. Formal evaluation is completed on an annual basis. Form 990, Part VI, Section C, Line 19 All materials are available for review upon request. They are kept on file in the main office.