2026-04-08T17:49:48-07:00 2025-05-31 920143182 ALTMAN ROGERS & CO 3000 C ST STE 201 ANCHORAGE AK 99503 990 2024-06-01 920074473 Valdez Fisheries Development Association Inc VALD 9078354874 PO Box 125 Valdez AK 99686 Mike Wells Executive Dir. 2026-04-08 true true Sterling Gillon CPA P02428406 9072742992 2024 2025-03-06 01:10:19Z Thane Miller PO Box 125 Valdez AK 996860125 6684424 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 45 7 0 0 5658508 4499011 910395 249560 20284 3629 6589187 4752200 0 0 2179855 1841237 0 0 2349122 2330474 4528977 4171711 2060210 580489 18922559 19431930 5813447 5639288 13109112 13792642 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 2809283 4346284 Hatchery Operations - Accounts for activities associated with the Solomon Gulch Hatchery including activities related to egg take and spawning for Coho and Pink salmon. 600311 156356 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. 3409594 true false false true false false false false false true true false false false 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 4 0 true 45 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 Rosalyn Espiritu 9078354874 1815 Mineral Creek Loop Road Valdez AK 99686 Mike Wells Executive Dir. 40.00 0.00 X 153495 0 0 Rob Unger Hatchery Manager 40.00 0.00 106949 0 0 Mike Freerksen Asst Hatchery Mgr 40.00 0.00 103448 0 0 Rosalyn Espiritu Accountant 40.00 0.00 X 43611 0 2730 Thane Miller President 2.00 0.00 X X 0 0 0 Edward Day Vice President 0.50 0.00 X X 0 0 0 Colleen Stephens Treasurer 0.50 0.00 X X 0 0 0 Raymond Sutton Secretary 0.50 0.00 X X 0 0 0 Hope Finley Director 0.50 0.00 X 0 0 0 Alan Sorum Director 0.50 0.00 X 0 0 0 George Levasseur Director 0.50 0.00 X 0 0 0 407503 2730 3 false true false 0 0 Cold Storage 111000 14455 14455 Contract Revenue 541900 191431 191431 Fish Sales 110000 4293125 4293125 4499011 200871 200871 0 0 0 1980913 1932224 48689 48689 48689 0 0 0 Other Sales 110000 3629 3629 3629 4752200 4502640 249560 0 0 0 0 219635 158911 60724 0 1205665 913789 291876 58704 43640 15064 163470 150791 12679 193763 154521 39242 0 6635 6635 24386 24386 11250 11250 0 835 835 194718 169370 25348 1318 1093 225 12758 6813 5945 0 0 167791 159962 7829 94900 80386 14514 0 0 179393 179393 0 566342 560679 5663 222921 222921 Fish Food 367554 367554 Equipment 127712 120565 7147 Materials & Supplies 122611 118376 4235 Postage and Shipping 113785 113785 115565 98716 16849 4171711 3409594 762117 0 0 1021402 443431 0 0 0 0 0 69276 94980 19665 13114 23844241 10710426 11596641 13133815 5238228 5179508 0 0 0 977347 567082 18922559 19431930 338819 206125 5474628 5433163 5813447 5639288 X 12561698 13245228 547414 547414 13109112 13792642 18922559 19431930 580489 103041 X false true X true false X 266365 266365 5555245 5451191 5533483 5658508 4499011 26697438 0 0 0 5821610 5451191 5533483 5658508 4499011 26963803 0 0 26963803 95502 87926 130935 156119 200871 671353 0 95502 87926 130935 156119 200871 671353 0 14415 8112 3283 20284 3629 49723 5931527 5547229 5667701 5834911 4703511 27684879 0.97400 0.97790 0.02420 0.01990 X false false 14068 14068 4157643 4171711 358586 89647 false 369170 374629 376449 358586 1478834 2218251 14653 14068 28721 92293 93657 94112 89647 369709 554564 14063 15013 12753 14068 55897 547414 547414 547414 547414 547414 547414 547414 547414 547414 547414 false false false 182211 182211 19126818 6549780 12577038 4535212 4160646 374566 13133815 X 4854406 103041 103041 4751365 835 835 4752200 4170876 4170876 835 835 4171711 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, 2025 and 2024 there are no accrued interests or penalties. X X X false false false false false false false false false Mike Wells Executive Dir. 152495 1000 153495 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 her 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 VFDA compares the salaries and wages of its employees to those of other industry organizations of similar nature regularly. In addition VFDA consults with the Foraker Group to assess compensation of its employees from time to time. Form 990, Part VI, Section B, Line 15b VFDA compares the salaries and wages of its employees to those of other industry organizations of similar nature regularly. In addition VFDA consults with the Foraker Group to assess compensation of its employees from time to time. 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.