2024-01-03T15:47:03-08:00 2023-05-31 920143182 ALTMAN ROGERS & CO 3000 C ST STE 201 ANCHORAGE AK 99503 990 2022-06-01 920074473 Valdez Fisheries Development Association Inc VALD 9078354874 PO Box 125 Valdez AK 99686 Colleen Stephens Treasurer 2024-01-03 true Colleen Stephens 999009999 true Tom J Domagala CPA P00122688 9072742992 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Thane Miller PO Box 125 Valdez AK 996860125 7833729 false X www.valdezfisheries.org X 1980 AK 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. 7 7 60 7 0 0 5451191 5533483 222122 163446 8112 3283 5681425 5700212 0 0 2073396 2131641 0 0 2309994 2360941 4383390 4492582 1298035 1207630 16996317 17090270 6785998 5852345 10210319 11237925 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. false false 3015049 4966200 Hatchery Operations - Accounts for activities associated with the Solomon Gulch Hatchery including activities related to egg take and spawning for Coho and Pink salmon. 644648 567283 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. 3659697 true false false true false false false false false true true false false true false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 2 0 true 60 true false false false false false false false 0 false false false false false false false false false false X 7 7 true false false false false false false true true false false true true true true true true true true false X Laura Therriault 9078354874 Box 125 Valdez AK 99686 Mike Wells Executive Dir. 40.00 0.00 X 148710 0 8923 Rob Unger Hatchery Manager 40.00 0.00 111052 0 6480 Laura Therriault Accountant 40.00 0.00 X 107591 0 6455 Ed Day Vice President 1.00 0.00 X X 0 0 0 George Levasseur Director 1.00 0.00 X 0 0 0 Bernie Culbertson Past President 1.00 0.00 X X 0 0 0 Thane Miller President 1.00 0.00 X X 0 0 0 Alan Sorum Director 1.00 0.00 X 0 0 0 Ray Sutton Secretary 1.00 0.00 X X 0 0 0 Colleen Stephens Treasurer 1.00 0.00 X X 0 0 0 367353 21858 3 false true false 0 0 Fish Sales 110000 5331049 5331049 Contract Revenue 541900 180525 180525 Cold Storage 111000 21909 21909 5533483 130935 130935 0 0 0 2166028 2115314 18203 50714 -18203 32511 32511 0 0 0 Other Sales 110000 3283 3283 3283 5700212 5536766 163446 0 0 0 0 270533 206949 63584 0 1337688 1023287 314401 79990 61190 18800 296841 227074 69767 146589 112136 34453 0 6955 2265 4690 22362 7282 15080 12234 8963 3271 0 532 532 320173 226237 93936 491 491 12666 12076 590 0 0 187717 177054 10663 74851 66019 8832 0 0 242277 242277 0 457372 453713 3659 156740 156740 Fish Food 382998 377868 5130 Fuel 131523 127505 4018 Postage and Shipping 107690 106248 1442 Materials & Supplies 103435 102048 1387 140925 119015 21910 4492582 3659697 832885 0 0 1910645 1817615 0 16636 0 0 0 0 58765 70693 12483 18516 19657177 9798859 10006468 9858318 4640080 4327645 0 0 0 351240 997483 16996317 17090270 354488 365854 6431510 5486491 6785998 5852345 X 9662905 10690511 547414 547414 10210319 11237925 16996317 17090270 1207630 -180024 X false true X true false X 9500 266365 275865 5378418 5755358 5555245 5451191 5533483 27673695 0 0 0 5387918 5755358 5821610 5451191 5533483 27949560 0 0 27949560 175543 104272 95502 87926 130935 594178 0 175543 104272 95502 87926 130935 594178 0 111892 18363 14415 8112 3283 156065 5675353 5877993 5931527 5547229 5667701 28699803 0.97390 0.97310 0.02070 0.02040 X false false 15013 1251 16264 4476318 4492582 374629 93657 false 374187 379711 369170 374629 1497697 2246546 10714 12295 14653 16264 53926 93547 94928 92293 93657 374425 561638 10714 10999 14063 15013 50789 547414 547414 547414 547414 547414 547414 547414 547414 547414 547414 1.00000 false false false 182211 182211 15426413 15426413 4048553 4048553 9798859 -9798859 9858318 Construction in Progress 997483 997483 X 5519656 -180024 -532 -180556 5700212 5700212 4492050 4492050 532 532 4492582 Part X : FIN48 Footnote The Corporation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. However, 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 Corporation classifies all interest and penalties related to tax contingencies as income tax expense. As of May 31, 2023 and 2022 there are no accrued interests or penalties. X X X X X false false false false false false false false false Mike Wells Executive Dir. 144980 3730 8923 157633 Form 990, Part VI, Section A, Line 2 Mike Wells, Executive Director, and Ray Sutton, Director, are first cousins. Form 990, Part VI, Section B, Line 11b The form 990 is reviewed by the Treasurer and either signed by him or the board president. The entire board is made aware that the 990 has been completed and filed and that a copy is available for review. Form 990, Part VI, Section B, Line 12c Conflicts of interest are brought before the Board of Directors during board meetings. The matter is discussed and a solution is agreed upon. Form 990, Part VI, Section B, Line 15a The Foraker Group compares the salaries of Valdez Fisheries Development Association Employees to salaries from organizations of similar nature as needed. Form 990, Part VI, Section B, Line 15b The Foraker Group compares the salaries of Valdez Fisheries Development Association Employees to salaries from organizations of similar nature as needed. Form 990, Part VI, Section C, Line 19 A notice is posted in the office entry and all documents are provided upon request and approval of the Board of Directors.