2024-10-30T15:08:49-05:00 2023-12-31 920043874 THOMAS HEAD & GREISEN PC 1400 WEST BENSON BLVD 400 ANCHORAGE AK 995033683 990 2023-01-01 202660011 BRISTOL BAY REGIONAL SEAFOOD DEVELOPMENT ASSOCIATION INC BRIS 9076772371 3705 ARCTIC BLVD 1188 ANCHORAGE AK 99503 LILANI DUNN EXECUTIVE DIRECTOR 9076772371 2024-10-29 1 0 X AUDREY M LANCE CPA P01381407 9072721571 2023 2024-10-15 13:58:12Z LILANI DUNN 3705 ARCTIC BLVD 1188 ANCHORAGE AK 99503 4023111 0 X WWW.BBRSDA.COM X 2005 AK TO MAXIMIZE THE VALUE OF THE BRISTOL BAY FISHERY FOR THE BENEFIT OF ITS MEMBERS BY FOCUSING ON THE ECONOMIC WELLBEING OF BBRSDA MEMBERS, SUPPORTING A SUSTAINABLE BRISTOL BAY COMMERCIAL FISHERY, AND PROVIDING THE HIGHEST QUALITY WILD SALMON PRODUCTS. 7 7 5 10 0 0 2972757 3814485 0 0 71474 208204 0 422 3044231 4023111 2205081 1478926 0 0 474958 662497 0 0 0 792985 1272682 3473024 3414105 -428793 609006 4589183 4989703 353873 145387 4235310 4844316 X TO MAXIMIZE THE VALUE OF THE BRISTOL BAY FISHERY FOR THE BENEFIT OF ITS MEMBERS BY FOCUSING ON THE ECONOMIC WELLBEING OF BBRSDA MEMBERS, SUPPORTING A SUSTAINABLE BRISTOL BAY COMMERCIAL FISHERY, AND PROVIDING THE HIGHEST QUALITY WILD SALMON PRODUCTS. 0 0 2159429 1082626 MARKETING:TO CONDUCT MARKETING AND PROMOTION. FROM 1/1/23 TO 12/31/23, BBRSDA SUPPORTED PROJECTS THAT PROMOTED CONSUMER AWARENESS OF BRISTOL BAY SOCKEYE SALMON IN THE MARKETPLACE AND SUPPORTED BRANDED MARKETING EFFORTS. DATA DEMONSTRATING THESE EFFORTS ARE: -BOARD FUNDED 10 MARKETING PROJECTS IN 2023 (INCLUDING PROGRAM SUPPORT EXPENSES). THESE PROJECTS FUNDED EFFORTS TO EXPAND BBSS BRAND REACH, PROMOTE BBSS IN THE DOMESTIC RETAIL & FOODSERVICE MARKETS AND STRATEGIZING EXPANDING OUR GLOBAL PRESENCE. -EXECUTED MARKETING PARTNERSHIPS WITH 26 RETAILERS. -ORGANIZED AND FACILITATED IN-STORE BBSS PROMOTIONS AT 4,734 RETAIL LOCATIONS THROUGH: DISTRIBUTION OF BBSS BRANDED ASSETS INCLUDING: RECIPE CARDS, POSTERS, APRONS, CASE CLINGS, ICE SPEARS, INFORMATIONAL CARDS, AND BRANDED APRONS; DEVELOPMENT OF CO-BRANDED PR ASSETS; AND SOCIAL MEDIA SUPPORT. -ATTENDED 3 TRADE SHOWS: SENA, PME, GSE -ATTENDED ASMI'S ANNUAL ALL-HANDS (INDUSTRY) MEETING, NFI GLOBAL SEAFOOD MARKET CONFERENCE -SPONSORED/PARTICIPATED IN 3 MARKETING EVENTS: ALASKA SYMPHONY OF SEAFOODS, SEAFOOD 101 AND FALL FISHERMEN'S FESTIVAL -ADDED DIGITAL ASSETS TO ONLINE MEDIA LIBRARY -SUPPORTED A CONSUMER AND CUSTOMER FACING WEBSITE, AS WELL AS A BBSS FACEBOOK AND INSTAGRAM PAGES -COMMISSIONED SOCKEYE MARKET REPORTS AND PRESENTATIONS AT MEMBER MEETINGS -CREATION OF NEW VIDEO AND PHOTOGRAPHY ASSETS HIGHLIGHTING THE FISHERY AND PRODUCT ATTRIBUTES OF BRISTOL BAY SOCKEYE SALMON. -THE MARKETING COMMITTEE MET 9 TIMES IN SUPPORT OF THE MARKETING PROGRAM. -OVER 370 CONTACTS ARE SUBSCRIBED TO OUR QUARTERLY NEWSLETTERS -FOUR PRESS RELEASES HIT THE WIRE: SALMON COOKING GUIDE, FRESH BRISTOL BAY SOCKEYE, BRISTOL BAY SOCKEYE SALMON WEEK IN DC, AND BRISTOL BAY CHOICE AT SYMPHONY OF SEAFOOD 298766 173738 SUSTAINABILITY:TO HELP ENSURE THE BIOLOGICAL SUSTAINABILITY OF THE BRISTOL BAY SALMON FISHERY, BBRSDA UNDERTOOK THE FOLLOWING SUSTAINABILITY EFFORTS FROM 1/1/23 TO 12/31/23: -BBRSDA MEMBERS AND ITS BOARD CONSIDER THE PROPOSED PEBBLE MINE AN EXISTENTIAL THREAT TO THE BRISTOL BAY SALMON FISHERY. THE ORGANIZATION FUNDED SEVERAL EFFORTS PERTAINING TO THE PEBBLE MINE FOCUSED ON EXPANDING INFORMATION ABOUT POTENTIAL PROJECT IMPACTS AND SEEKING MAXIMUM ENVIRONMENTAL PROTECTIONS FOR SALMON HABITAT IN BRISTOL BAY, INCLUDING A $45,000 GRANT TO COMMERCIAL FISHERMEN FOR BRISTOL BAY FOR DOING STAKEHOLDER OUTREACH AND COMMUNICATION. -BBRSDA GRANTED $83,256 TO A UNIVERSITY OF WASHINGTON STUDY LOOKING AT THE IMPACTS OF CLIMATE CHANGE ON SOCKEYE SALMON IN THE NUSHAGAK RIVER SYSTEM AND $30,000 TO RELATED GRADUATE STUDENT RESEARCH. -BBRSDA COMMITTED $11,000 TO SKIPPER SCIENCE, AN APP DESIGNED TO COLLECT SCIENTIFIC OBSERVATIONS FROM FISHERMEN. THE APP WAS ADAPTED TO FACILITATE RECORDING FISHERMEN'S KING SALMON HARVESTS AFTER NUSHAGAK KING SALMON WERE DESIGNATED A STOCK OF CONCERN IN SPRING OF 2023. -THE BOARD COMMITTED $95,752 TO THE BRISTOL BAY SCIENCE AND RESEARCH INSTITUTE, A GROUP THAT CONDUCTS SALMON ASSESSMENT PROJECTS AND OTHER SCIENTIFIC RESEARCH IN BRISTOL BAY DURING THE FISHING SEASON, INCLUDING ON-BOARD GENETICS ANALYSIS. THESE PROJECTS RESULTED IN BETTER INFORMATION ABOUT THE SALMON RUN TIMING AND DESTINATION, AS WELL AS PROVIDING SUPPORT FOR FISHERY MANAGEMENT AND RESOURCE SUSTAINABILITY. -THE SUSTAINABILITY COMMITTEE MET 2 TIMES IN SUPPORT OF THE SUSTAINABILITY PROGRAM. 544590 97223 OUTREACH & ORGANIZATION:TO FOSTER INVOLVEMENT WITH OUR MEMBERS, MAINTAIN ORGANIZATIONAL STRUCTURE, IMPROVE FISHERY SAFETY, AND SUPPORT OTHER PROGRAMS; THE BBRSDA UNDERTOOK THE FOLLOWING EFFORTS FROM 1/1/23 TO 12/31/23: -EXECUTED AN ELECTION FOR TWO OPEN BOARD SEATS. -SPONSORED THE "BRISTOL BAY FISHERIES REPORT" ON THE LOCAL RADIO STATION IN DILLINGHAM (KDLG). -HELD A PHOTO CONTEST FOR BRISTOL BAY FISHERMEN TO SUPPORT MARKETING EFFORTS AND GATHER MARKETING CONTENT. -SUPPORTED CREW MEMBER TRAINING BEFORE THE 2023 FISHING SEASON. -PROMOTED FISHERMEN'S SAFETY TRAININGS BEFORE THE 2023 FISHING SEASON. -PUBLISHED MARKET INFORMATION TO THE BBRSDA WEBSITE FOR MEMBERS. -PUBLISHED 11 ELECTRONIC NEWSLETTERS AND DISTRIBUTED TO MEMBERS. -HOSTED TWO MEMBER MEETINGS, ONE IN NAKNEK, AK IN THE SPRING AND ONE IN SEATTLE, WA IN THE FALL. -CREATED THE 2022 ANNUAL REPORT AND DISTRIBUTED IT TO MEMBERS. -HELD AN ELECTION FOR THE SETNET FLEET TO DECIDE ON WHETHER TO JOIN THE ORGANIZATION. -THE OUTREACH COMMITTEE MET 5 TIMES IN SUPPORT OF THE OUTREACH PROGRAM. 175519 125339 QUALITY:TO IMPROVE FISH QUALITY BY: BUILDING THE CAPACITY AND DESIRE IN THE FLEET TO CHILL FISH AT THE POINT OF HARVEST, SUPPORTING MAINTENANCE OF THE MACHINERY THAT ALLOWS THE FLEET TO DO SO, AND INVESTING IN TECHNOLOGY THAT CAN ACCURATELY MEASURE FISH QUALITY SO FISHERMEN ARE PAID FOR THEIR EFFORTS, THE BBRSDA UNDERTOOK THE FOLLOWING EFFORTS FROM 1/1/23 TO 12/31/23: -THE BOARD REVIEWED AND APPROVED FUNDING FOR 7 QUALITY PROJECTS AND RELATED EXPENSES IN 2023, INCLUDING PROJECTS TO FURTHER ICE PRODUCTION AND IMPROVE REFRIGERATED SEAWATER (RSW) SYSTEM SERVICE AND INCREASE AWARENESS OF BEST HANDLING PRACTICES SUCH AS: -- ADDITIONAL ICE PRODUCTION ON ICE BARGES IN TWO FISHING DISTRICTS, -- FISH QUALITY BEST PRACTICES INFORMATION SHARED WITH THE FLEET, -- FUNDING FOR ON-THE-JOB TRAINING OF RSW APPRENTICES IN BRISTOL BAY, -- FUNDING FOR RSW TRAINING FOR MEMBERS, -- FISH QUALITY MONITORING AT THE POINT OF DELIVERY AND IN THE FISH PROCESSING PLANT USING BIOMETRIC TECHNOLOGY. X-THE QUALITY COMMITTEE MET 4 TIMES IN SUPPORT OF THE QUALITY PROGRAM. 175519 125339 3178304 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 5 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE FORAKER GROUP 9077431200 161 KLEVIN STREET SUITE 101 ANCHORAGE AK 99508 FRITZ JOHNSON PRESIDENT 2.00 X X 5600 0 0 ERICK SABO VICE PRESIDENT 2.00 X X 5200 0 0 DOUG MORGAN SECRETARY / TREASURER 2.00 X X 5800 0 0 MATT DEWITTE DIRECTOR 2.00 X X 600 0 0 MARK NIVER DIRECTOR 2.00 X 6000 0 0 FRANZ SCHONBERG DIRECTOR 2.00 X 5700 0 0 PETER ANDREW DIRECTOR 2.00 X 4500 0 0 MICHAEL JACKSON DIRECTOR, THROUGH SEPTEMBER 2.00 X 5800 0 0 ANDREW WINK EXECUTIVE DIRECTOR, THROUGH 12/12/23 40.00 X 192785 0 10200 LILANI DUNN MARKETING DIRECTOR 41.00 X 141170 0 6141 373155 0 16341 2 0 1 0 COSTCO WHOLESALE CORPORATION 999 LAKE DRIVE ISSAQUAH WA 98027 SALMON MARKETING PROMOTION 250000 1 3814485 3814485 208204 208204 OTHER INCOME 900099 422 422 422 4023111 422 0 208204 1321341 1321341 157585 157585 192785 174922 17863 388931 268078 120853 26177 22165 4012 54604 40571 14033 132782 132782 49529 49529 20222 20222 11062 11062 39701 27094 12607 2925 25 2900 7853 7853 55300 55300 130425 130425 4383 4383 POINT OF SALE / RETAIL 807254 807254 PRINTING AND NEWSLETTER 11246 9478 1768 3414105 3178304 235801 0 523131 242060 4061367 4719571 20904 4685 7168 4589183 4989703 104428 123577 249445 21810 353873 145387 X 4235310 4844316 4235310 4844316 4589183 4989703 609006 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 SCHEDULE C, PART III-A, LINE AS DISCLOSED ON SCHEDULE B PART I BBRSDA RECEIVED FUNDS FROM THE STATE OF ALASKA. PURSUANT TO REV. PROC. 98-19, FOR THE PURPOSE OF MEETING THE REQUIREMENTS OF IRC SECTION 6033(E)(3) THE AMOUNTS REPORTED ON SCHEDULE B PART 1, LINES 1 AND 2 ARE CONSIDERED (SIMILAR AMOUNTS) AS A RESULT OF MEETING THE 90% TEST SET FORTH IN SECTION 4.03 OF THE REVENUE PROCEDURE. BBRSDA CONSIDERS THE FUNDS RECEIVED FROM THE STATE OF ALASKA AS AUTHORIZED, BUT NOT MANDATED BY ALASKA STATUTE 43.76.380(D) AND REPORTED ON SCHEDULE B, TO BE WITHIN THE DEFINITION OF (SIMILAR AMOUNTS) CONTAINED IN SECTION 5.01 OF REV. PROC. 98-19. ACCORDINGLY QUESTION 1 IN PART III-A HAS BEEN ANSWERED YES. 2868760 134464 400000 2603224 2817236 1000000 51524 1000000 2868760 2816947 289 2817236 3373946 14813 571812 2816947 2814470 746284 61574 248382 3373946 0 0 0 4023111 0 4023111 0 4023111 3414105 0 3414105 0 3414105 PART V, LINE 4: THE BOARD HAS ESTABLISHED A DESIGNATED FUND FOR THE PURPOSE OF ENSURING THAT THE ASSOCIATION HAS OPTIONS IRRESPECTIVE OF THE OUTCOME OF ANY ONE SEASON. THE BASELINE RESERVE AMOUNT IS SET AT $2,500,000. THIS AMOUNT MAY BE REVISED BY THE BOARD VIA ACTION AT A BOARD MEETING OR AN EMAIL VOTE. PRIOR TO EACH FISCAL YEAR, THE BOARD WILL IDENTIFY RESERVE FUNDS NEEDED FOR SPECIFIC FUTURE NEEDS. THIS RESERVE COMPONENT IS INTENDED TO HOLD BACK FUNDS FOR FORESEEABLE ORGANIZATIONAL NEEDS. INVESTMENT RESERVE FUNDS ARE INTENDED TO BE SPENT ON MISSION-APPROPRIATE ACTIVITIES AS THEY ARISE AND CAN BE DRAWN UPON WITH APPROVAL OF THE BOARD. NORTH AMERICA 0 0 PROGRAM SERVICE PROMOTIONAL SERVICES FOR SOCKEYE SALMON 80000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PROMOTIONAL SERVICES FOR SOCKEYE SALMON 1415 0 0 0 0 0 0 81415 0 81415 0 0 0 0 0 0 PART I, LINE 3: ACCRUAL METHOD OF ACCOUNTING 1 ALASKA FISHERIES DEVLOPEMENT FOUNDATION PO BOX 2223 WRANGELL AK 99929 920068881 501(C)(3) 50000 0 MARKETING PROJECTS FOR SYMPHONY OF SEAFOODS BRISTOL BAY NATIVE CORPORATION 111 W 16TH AVENUE 400 ANCHORAGE AK 99501 920141709 50000 0 MARKETING PARTNERSHIP FOR WILD MARKET BRISTOL BAY SCIENCE & RESEARCH INSTITUTE PO BOX 1464 DILLINGHAM AK 99576 920168036 501(C)(3) 95933 0 VARIOUS SALMON RESEARCH AND SUSTAINABILITY PROJECTS CENTRAL PENINSULA REFRIGERATION 47130 HARVARD AVENUE SOLDOTNA AK 99669 260278094 15000 0 RSW APPRENTICE PROGRAM COASTWISE PRESS PO BOX 11609 OLYMPIA WA 98508 022460381 18500 0 PRINTING OF CAPT'N JACK'S TIDEBOOKS DANIEL EDELMAN INC 21992 NETWORK PLACE CHICAGO IL 60673 362368817 526707 0 VARIOUS MARKETING SERVICES FOR AWARENESS OF BRISTOL BAY SALMON FOR TRADE AND CONSUMER AUDIENCES KDLG PO BOX 670 DILLINGHAM AK 99576 990031132 50000 0 FISHERIES REPORT PROJECT MRJ AND ASSOCIATES 2313 ORELANS DRIVE TALLAHASSEE FL 32308 650731908 66000 0 RETAIL CHAIN RELATIONSHIPS AND BRAND AWARENESS OF BRISTOL BAY NEW VENTURE FUND 1828 L ST STE 300A WASHINGTON DC 20036 205806345 501(C)(3) 11000 0 NUSHAGAK KING SALMON MAPPING PROJECT NORTHLINE SEAFOODS 4690 SAWMILL CREEK ROAD SITKA AK 99835 810687233 20000 0 ICE BARGE TO IMPROVE QUALITY OF SALMON OCEAN STRATEGIES 1122 EAST PIKE STREET 761 SEATTLE WA 98122 463781584 6028 0 RESEARCH AND PUBLICATION OF EX-VESSEL PRICING REPORT RISING TIDE COMMUNICATIONS 430 W 7TH AVENUE SUITE 21 ANCHORAGE AK 99501 472620897 248009 0 VARIOUS MARKETING CAMPAIGNS SEAFOOD ANALYTICS DBA CQ FOODS INC 6857 S STAPLES 219 CORPUS CHRISTI TX 78413 465090218 20000 0 CERTIFIED QUALITY READERS PROJECT TO PROVIDE OBJECTIVE DIGITAL DATA ON BRISTOL BAY FISH SEATTLE FISHERMEN'S MEMORIAL PO BOX 17356 SEATTLE WA 98107 911298132 501(C)(3) 7500 0 FISHERMEN'S FALL FESTIVAL TRIDENT SEAFOODS 5303 SHILSHOLE AVENUE NW SEATTLE WA 98107 470702463 15000 0 ICE BARGE TO IMPROVE QUALITY OF SALMON UNITED TRIBES OF BRISTOL BAY PO BOX 1252 DILLINGHAM AK 99576 300785358 45000 0 FUNDING SUPPORT FOR HABITAT PROTECTION UNIVERSITY OF ALASKA FAIRBANKS 17101 POINT LENA LOOP ROAD JUNEAU AK 99801 926000147 18729 0 SUSTAINABILITY FORECASTING AND MACHINE LEARNING PROJECT UNIVERSITY OF WASHINGTON PO BOX 352900 SEATTLE WA 98195 916001537 33256 0 NUSH LAKE SUSTAINABILITY RESEARCH 4 18 SALMON WEEK AND RSW APPRENTICE PROGRAMS 29 157585 PART I, LINE 2: THE ORGANIZATION MAY PUBLICIZE A GRANT PROJECT AND SOLICIT APPLICATIONS. GRANTEE IDEAS MAY ALSO BE BROUGHT FORWARD BY INDIVIDUAL PROPOSAL OR REQUEST. ALL GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS, (CURRENTLY NO SEPARATE GRANT COMMITTEE). ALL GRANTEES SIGN A GRANT AGREEMENT, WHICH INCLUDES REPORTING REQUIREMENTS. A GRANT MAY INCLUDE INTERIM AND FINAL REPORTING, OR ONLY FINAL REPORTING. THE GRANT AGREEMENT DESCRIBES THE EXEMPT PURPOSE AND INCLUDES A LIMITATION ON THE USE OF FUNDS TO THE PURPOSE. IN ORDER TO FACILITATE MORE TIMELY REPORTING THE ORGANIZATION MAY HOLD BACK 20% TO 50% OF THE TOTAL GRANT AMOUNT UNTIL A PROGRESS REPORT IS RECEIVED. IF THE REPORT SHOWS APPROPRIATE PROGRESS THE REMAINDER OF THE GRANT WILL BE REMITTED. X X X 0 0 0 ANDREW WINK EXECUTIVE DIRECTOR, THROUGH 12/12/23 178785 0 14000 0 0 0 10200 0 0 0 202985 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS APPROVES EXECUTIVE DIRECTOR COMPENSATION AGREEMENT. FORM 990, PART VI, SECTION A, LINE 6 ALL FISHERMEN IN THE BRISTOL BAY DRIFTNET FISHERY WHO ARE PERMIT HOLDERS (OTHER THAN THE SETNET FISHERMEN) PAY A SELF-IMPOSED TAX COLLECTED BY THE STATE OF ALASKA, ARE VOTING MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE THE RIGHT TO VOTE FOR THE GOVERNING BODY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B STAFF AND TREASURER REVIEW THE DRAFT FORM 990 AND RECOMMEND ANY REVISIONS. CPA FIRM PRESENTS TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR ARE REQUIRED TO SUBMIT ANNUAL FORMS DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST. THEY ARE ALSO REQUIRED TO DISCLOSE AT ANY TIME DURING THE YEAR WHEN A POSSIBLE CONFLICT OF INTEREST DEVELOPS DUE TO THE ASSOCIATION ENTERING INTO, OR CONSIDERING, NEW BUSINESS RELATIONSHIPS. MEMBERS OF THE BBRSDA BOARD ARE NOT PREVENTED FROM PARTICIPATING IN PROGRAMS OFFERED TO BRISTOL BAY FISHERMAN BECAUSE THEY ARE ON THE BOARD, VOTED TO ESTABLISH THE PROGRAM, OR OTHERWISE PARTICIPATE IN PROGRAM ADMINISTRATION, SO LONG AS THEY ADHERE TO NORMAL PROGRAM REQUIREMENTS MADE APPLICABLE TO ALL PARTICIPANTS. FURTHER, IF A BOARD MEMBER PARTICIPATES IN SUCH A PROGRAM AFTER IT WAS ADVERTISED AND MADE AVAILABLE TO ALL BRISTOL BAY FISHERMAN, THEN BOARD STATUS IS NOT RELEVANT TO PROGRAM PARTICIPATION AND A CONFLICT OF INTEREST NEED NOT BE DECLARED IN FURTHER DELIBERATIONS CONCERNING PROGRAM ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15A BOARD DISCUSSES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE COMPENSATION DELIBERATION AND DECISION IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 BBRSDA POSTS ON ITS WEBSITE (OPEN TO THE PUBLIC) ITS ARTICLES OF INCORPORATION, ENABLING STATUTE, BYLAWS, BOARD MINUTES, APPROVED AUDITS, AND SUMMARY BUDGETS. IT CURRENTLY VIEWS ITS POLICIES AND PROCEDURES AS ITS OPERATIONAL POLICIES SO DOES NOT POST THOSE TO PUBLIC VIEW, THOUGH MEMBERS ARE PROVIDED THEM UPON REQUEST. PART VIII LINE 1E: IN MAY 2006 BRISTOL BAY DRIFTNET PERMIT HOLDERS VOTED PURSUANT TO ALASKA STATUTE 43.76.370 TO APPROVE A 1% SEAFOOD DEVELOPMENT TAX ON THE EX-VESSEL PRICE OF SEAFOOD SOLD, THE "ASSESSMENT", ON THEIR HARVESTS TO SUPPORT BBRSDA. THE TAX IS COLLECTED BY THE STATE AND DISTRIBUTED TO BBRSDA. THE COLLECTION AND DISBURSEMENT PROCESS, FROM THE SALMON SEASON IN WHICH THE TAX IS COLLECTED UNTIL THE ASSESSMENT AMOUNT IS RECEIVED BY BBRSDA, TAKES A YEAR TO COMPLETE. BECAUSE THE FUNDS ARE CONSIDERED PART OF THE STATE'S GENERAL FUND PRIOR TO DISTRIBUTION, BBRSDA DOES NOT RECOGNIZE THEM AS SUPPORT UNTIL THE BEGINNING OF THE STATE FISCAL YEAR IN WHICH THEY WILL BE DISTRIBUTED TO BBRSDA. ACCORDING TO THE ALASKA DEPARTMENT OF ADMINISTRATION, THE PASS-THROUGH LOCAL OPTION TAX REVENUES APPROPRIATED FROM THE GENERAL FUND BY THE LEGISLATURE (SALMON DEVELOPMENT TAX) IS CONSIDERED FINANCIAL ASSISTANCE FOR PURPOSES OF PRESENTATION IN THE SCHEDULE OF STATE FINANCIAL ASSISTANCE AS REQUIRED BY THE STATE OF ALASKA AUDIT GUIDE AND COMPLIANCE SUPPLEMENT FOR STATE SINGLE AUDITS. HOWEVER, THE DEPARTMENT OF COMMERCE, COMMUNITY AND ECONOMIC DEVELOPMENT (DCCED) HAS PROVIDED BBRSDA WITH WRITTEN GUIDANCE ON THE NATURE OF ITS REVENUES. DCCED, IN CONSULTATION WITH THE ALASKA DEPARTMENT OF LAW, CONSIDERS BBRSDA ASSESSMENT TO BE "GENERATED TAX REVENUE". THE WRITTEN GUIDANCE FROM DCCED STATES THAT THE SEAFOOD DEVELOPMENT TAX IS NOT CONSDERED STATE FINANCIAL ASSISTANCE AND THREFORE NOT SUBJECT TO THE REGULARTORY PROHIBITIONS PROVIDED BY 3 AAC 149.080. IN PREPARING THIS RETURN, BBRSDA HAS CLASSIFIED THE ASSESSMENT AS A GOVERNMENTAL GRANT REPORTABLE ON LINE 1E AND NOT PROGRAM SERVICE REVENUE REPORTABLE ON LINE 2, PURSUANT TO EXAMPLES 1 AND 2 ON PAGE 39 OF THE INSTRUCTIONS FOR THE 2023 FORM 990.