Form990
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private
foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
A For the 2015 calendar year, or tax year beginning 01-01-2015 , and ending 12-31-2015
BCheck if applicable:
CName of organization
Coastal Villages Region Fund
 
% ANGELA PINSONNEAULT
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
711 H Street Suite 200
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Anchorage, AK99501
D Employer identification number

92-0156736
E Telephone number

G Gross receipts $ 46,038,612
F Name and address of principal officer:
ANGELA PINSONNEAULT
711 H STREET SUITE 200
ANCHORAGE,AK99501
I
Tax-exempt status: ( 4 ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.COASTALVILLAGES.ORG
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1992
M State of legal domicile: AK
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: PROVIDE THE MEANS FOR DEVELOPMENT OF OUR COMMUNITIES BY CREATING SENSIBLE, TANGIBLE, AND LONG-TERM OPORTUNITIES THAT GENERATE HOPE FOR ALL PEOPLE WHO WANT TO FISH AND WORK.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 20
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 20
5 Total number of individuals employed in calendar year 2015 (Part V, line 2a) ...... 5 1,255
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -46,979
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b -51,779
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 5,500 134,000
9 Program service revenue (Part VIII, line 2g) ......... 15,303,968 14,950,706
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 4,251,343 1,881,669
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 13,113,505 15,886,888
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 32,674,316 32,853,263
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 3,216,736 4,159,170
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 9,849,547 11,805,679
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 12,450,764 13,574,219
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 25,517,047 29,539,068
19 Revenue less expenses. Subtract line 18 from line 12....... 7,157,269 3,314,195
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 314,191,393 309,302,385
21 Total liabilities (Part X, line 26)............. 55,509,752 52,211,304
22 Net assets or fund balances. Subtract line 21 from line 20..... 258,681,641 257,091,081
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet
Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2015)
Form 990 (2015)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: COASTAL VILLAGES MISSION IS TO PROVIDE THE MEANS FOR DEVELOPMENT OF OUR COMMUNITIES BY SENSIBLY CREATING TANGIBLE, LONG-TERM OPPORTUNITIES THAT GENERATE HOPE FOR ALL RESIDENTS WHO WANT TO FISH AND WORK.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 11,489,032 including grants of $   ) (Revenue $ 25,831,156 )
PROGRAM COST OF OPERATING VESSELS (PROGRAM #1): PROGRAM COSTS ASSOCIATED WITH OPERATION OF ONE POLLOCK CATCHER/PROCESSOR, THREE PACIFIC COD FREEZER-LONGLINERS, AND TWO CRAB FISHING VESSELS. THIS PROGRAM PROVIDES EMPLOYMENT AND TRAINING OPPORTUNITIES FOR RESIDENTS, AS WELL AS FUNDING FOR OTHER PROGRAMS. THE AMOUNT GIVEN REPRESENTS THE ADDITIONAL COSTS TO OPERATE NOT INCLUDED IN COSTS OF GOODS SOLD (COGS IS INCLUDED IN LINE 10B PART VIII).
4b (Code:   ) (Expenses $ 2,026,272 including grants of $   ) (Revenue $   )
INSHORE AND NEARSHORE PROGRAM DESCRIPTION (PROGRAM #2): COASTAL VILLAGES SEAFOODS SUBSIDIZES AND OPERATES SIX HALIBUT PLANTS, ONE SALMON PLANT, A SALMON BUYING STATION AND SEVERAL SUPPORTING TENDERS, TUG BOATS AND BARGES. FISH IS PURCHASED FROM 590 LOCAL FISHERS AND RESIDENTS OF CVRF COMMUNITIES EARNED $969,722 THROUGH LOCAL FISHERIES. COASTAL VILLAGES ENTERPRISES OPERATES EIGHTEEN MECHANIC/WELDER SHOPS LOCATED IN MEMBER COMMUNITIES. APPROXIMATELY 50 AREA RESIDENTS ARE EMPLOYED AT THE SHOPS EACH YEAR. AMOUNT GIVEN REPRESENTS THE ADDITIONAL COSTS TO OPERATE NOT INCLUDED IN COST OF GOODS SOLD (COGS IS INCLUDED IN LINE 10B PART VIII). THESE ADDITIONAL COSTS WERE FUNDED WITH THE GROSS PROFITS FROM POLLOCK, COD, AND CRAB SALES.
4c (Code:   ) (Expenses $ 1,850,000 including grants of $ 1,850,000 ) (Revenue $   )
FISHERIES SUPPORT AND DEVELOPMENT (PROGRAM #3): THIS PROGRAM FOCUSES ON THE COMPANY'S FISHERIES-RELATED INVESTMENT IN OUR 20 MEMBER COMMUNITIES AND IS MADE UP OF SEVERAL PROGRAM AREAS. DESIGNATED FUND - THIS FUND IS INTENDED TO HELP CVRF GOVERNING BODIES WITH COMMUNITY AND ECONOMIC PROJECTS THAT ARE CONSISTENT WITH THE CDQ PROGRAM AND THAT MIGHT NOT OTHERWISE BE ABLE TO HAPPEN. THE DESIGNATED FUND PROGRAM FUNDS ARE ALLOCATED AMONG CVRF'S 20 MEMBER VILLAGES BASED ON THE FOLLOWING FORMULA: 30% OF THE FUNDS ARE PROVIDED AS A BASE AMOUNT EQUALLY DIVIDED AMONG CVRF'S 20 MEMBER VILLAGES; AND 70% OF THE FUNDS ARE ALLOTTED BASED ON EACH CVRF MEMBER VILLAGE'S POPULATION. MARINE SAFETY - THE GOAL OF THIS PROGRAM IS TO DEVELOP AWARENESS ABOUT PRECAUTIONARY MEASURES AND PRACTICES FOR MARINE TRAVEL AND TO PROVIDE A MEANS OF ACQUIRING IMPORTANT SAFETY EQUIPMENT. THROUGH THIS PROGRAM CVRF DISTRIBUTES LIFE JACKETS, PERSONAL LOCATOR BEACONS, AND OTHER COAST GUARD REQUIRED EQUIPMENT TO EACH COMMUNITY. CVRF ALSO PROVIDES MARINE SAFETY TRAINING TO IN-REGION EMPLOYEES AND RESIDENTS. COLLABORATIVE RESEARCH - CVRF HAS BEEN WORKING WITH THE ALASKA DEPARTMENT OF FISH AND GAME AND OTHER ENTITITES ON SEVERAL DIFFERENT SALMON STUDIES. CVRF HAS SUPPLIED FUNDING AND INTERNS TO INVESTIGATE WHERE SALMON GO TO SPAWN, THE CONDITIONS AND CHARACTERISTICS OF NORTHERN PACIFIC SALMON, AND THE BIOLOGICAL CONDITION OF THE RIVERS AND STREAMS IN THE CVRF AREA. TAX ASSISTANCE - EACH YEAR, CVRF FUNDS THE VOLUNTEER INCOME TAX ASSISTANCE PROGRAM (VITA), WHICH IS PROVIDED BY THE ALASKA SMALL BUSINESS DEVELOPMENT CENTER (ABDC) AND THE UNIVERSITY OF ALASKA ANCHORAGE. THROUGH THIS PROGRAM, STUDENTS IN THE ACCOUNTING FIELD AND BUSINESS PROFESSORS ARE SENT TO ALL CVRF COMMUNITIES TO PROVIDE TAX PREPARATION ASSISTANCE AT NO COST TO RESIDENTS.
(Code:   ) (Expenses $ 2,107,808 including grants of $ 650,000 ) (Revenue $   )
Outreach Program
(Code:   ) (Expenses $ 424,914 including grants of $ 363,548 ) (Revenue $   )
4-Site
(Code:   ) (Expenses $ 53,839 including grants of $ 0 ) (Revenue $   )
CDQ Contract and Quota Management
(Code:   ) (Expenses $ 1,450,355 including grants of $ 1,295,622 ) (Revenue $   )
PEOPLE PROPEL
(Code:   ) (Expenses $ 2,730,343 including grants of $ 0 ) (Revenue $   )
COMMUNITY SERVICE CENTERS
4d Other program services (Describe in Schedule O.)
(Expenses $ 6,767,259 including grants of $ 2,309,170 ) (Revenue $   )
4e Total program service expensesMediumBullet22,132,563
Form 990 (2015)
Form 990 (2015)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II..............
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III.................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment..................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment.............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
Yes
 
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions) ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2015)
Form 990 (2015)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I............ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I ...................Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, Part II ................Click to see attachment
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
Yes
 
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L,
Part IV ........................Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV.....................Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I.
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II ...........
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I ........Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2015)
Form 990 (2015)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
540
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
1,255
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? .........................
8
 
 
9a
Did the sponsoring organization make any taxable distributions under section 4966?...
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2015)
Form 990 (2015)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
20
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
20
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
 
No
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
 
No
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletANGELA PINSONNEAULT711 H STREET SUITE 200   ANCHORAGE,AK99501 (907) 278-5151
Form 990 (2015)
Form 990 (2015)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ACTIVE OSCAR WASSILLIE......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,950 0 0
(2) AKERELREA JAMES......................................................................
EXECUTIVE COMMITTEE MEMBER
 5.0
.................
0.0 		X           50,550 0 0
(3) ALBERT FELIX......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,600 0 0
(4) ANDY JOHN F......................................................................
EXECUTIVE COMMITTEE MEMBER
 5.0
.................
0.0 		X           27,350 0 0
(5) AVUGIAK JOE......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,250 0 0
(6) BEREZKIN FRANK......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,950 0 0
(7) BROWN WALTER P......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,950 0 0
(8) CHAYALKUN SKYE M......................................................................
EXECUTIVE COMMITTEE MEMBER
 5.0
.................
0.0 		X           29,800 0 0
(9) CHUCKWUK GEORGE......................................................................
SECRETARY
 5.0
.................
0.0 		X           35,100 0 0
(10) CLEVELAND DARREN THOMAS......................................................................
TREASURER
 5.0
.................
0.0 		X           25,650 0 0
(11) EVAN EVAN S......................................................................
VICE PRESIDENT
 5.0
.................
0.0 		X           35,800 0 0
(12) JUNG RICHARD B......................................................................
PRESIDENT
 8.0
.................
0.0 		X           74,650 0 0
(13) LEWIS ROLAND JAMES......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,950 0 0
(14) MAXIE STEPHEN JAMES......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           25,350 0 0
(15) OLICK GABRIEL......................................................................
EXECUTIVE COMMITTEE MEMBER
 5.0
.................
0.0 		X           29,800 0 0
(16) OLSON SR ERIC......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           24,250 0 0
(17) PITKA ROBERT......................................................................
BOARD MEMBER
 3.0
.................
0.0 		X           23,200 0 0
Form 990 (2015)
Form 990 (2015)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) SAMUEL JOHN........................................................................
EXECUTIVE COMMITTEE MEMBER
 5.0
.......................0.0 		X           36,810 0 0
(19) SHAVINGS EDWARD J........................................................................
BOARD MEMBER
 3.0
.......................0.0 		X           18,450 0 0
(20) TULIK PAUL........................................................................
BOARD MEMBER
 3.0
.......................0.0 		X           50,700 0 0
(21) CROW CLOYD M........................................................................
EXECUTIVE DIRECTOR
 40.0
.......................0.0 		    X       850,000 0 -3,739
(22) PINSONNEAULT ANGELA M........................................................................
DIRECTOR OF BUSINESS DEV.
 40.0
.......................0.0 		    X       375,000 0 -645
(23) COLEMAN MICHAEL J........................................................................
BERING SEA OPERATIONS GM
 40.0
.......................0.0 		    X       324,670 0 -3,394
(24) SOUZA NICHOLAS E........................................................................
CVS GENERAL MANAGER
 40.0
.......................0.0 		    X       260,998 0 -3,739
(25) DEAKIN ERIC J........................................................................
IT MANAGER
 40.0
.......................0.0 		      X     214,356 0 -5,412
(26) KVINGE OWEN I........................................................................
CRAB CAPTAIN/SHIPYARD
 40.0
.......................0.0 		        X   464,981 0 0
(27) THELEN ROBERT E........................................................................
CRAB CAPTAIN/SHIPYARD
 40.0
.......................0.0 		        X   362,854 0 0
(28) LONGVANES HARALD JOSTEIN........................................................................
FISHMASTER
 40.0
.......................0.0 		        X   260,627 0 -1,444
(29) EGAAS JAMES LEONARD........................................................................
CAPTAIN
 40.0
.......................0.0 		        X   237,616 0 -10,412
(30) GJERDE TERJE........................................................................
FACTORY MANAGER
 40.0
.......................0.0 		        X   218,246 0 0
(31) WILSON CHARLES ERNST........................................................................
DIRECTOR OF FINANCE
 40.0
.......................0.0 		          X 261,160 0 -2,649
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 4,466,618 0 -31,434
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet11
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
LAW OFFICE OF MICHAEL WHITE,
2600 2nd Ave Suite 2304
Seattle,WA98121 		LEGAL SERVICES 495,224
NORTH INLET ADVISORS LLC,
6805 Morisson Blvd Suite 380
Charlotte,NC28211 		CONSULTING 248,927
KPMG LLP,
701 W 8TH AVE
Anchorage,AK99501 		AUDIT/TAX SERVICES 217,132
SOCKEYE BUSINESS SOLUTIONS INC,
808 E Street Suite 100
Anchorage,AK99501 		IT SUPPORT 185,324
DAVIS WRIGHT TREMAINE LLP,
1201 3rd Ave Suite 2200
Seattle,WA981013045 		CONSULTING 142,989
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet13
Form 990 (2015)
Form 990 (2015)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e 0
f All other contributions, gifts, grants, and similar amounts not included above1f 134,000
g Noncash contributions included in lines 1a-1f:$  
h Total.Add lines 1a-1f.......MediumBullet 134,000
Program Service RevenueAmt Business Code
2a EQUITY EARNINGS IN BSAI, LLC 110000 2,679,148 2,674,973 4,175  
b EQUITY EARNINGS IN CVH, LLC 110000 12,271,558 12,271,558    
c
d
e
f All other program service revenue.        
g Total.Add lines 2a–2f.....MediumBullet 14,950,706
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ..........MediumBullet 1,785,127     1,785,127
4 Income from investment of tax-exempt bond proceedsMediumBullet 0      
5 Royalties...........MediumBullet 4,673,888     4,673,888
(ii) Personal (i) Real
6a Gross rents   334,374
b Less: rental expenses    
c Rental income or (loss) 0 334,374
d Net rental income or (loss)......MediumBullet 334,374   -51,154 385,528
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 96,542  
b Less: cost or other basis and sales expenses    
c Gain or (loss) 96,542  
d Net gain or (loss).....MediumBullet 96,542     96,542
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet 0    
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities..MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances ..
a 24,590,642
b Less: cost of goods sold ..b 13,185,349
c Net income or (loss) from sales of inventory..MediumBullet 11,405,293 11,405,293    
Business Code Miscellaneous Revenue
11a Misc. Revenue 110000 -274,667 -273,667    
b Management Fee Revenue 561000 -252,000 -252,000    
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet -526,667
12 Total revenue. See Instructions......MediumBullet 32,853,263 25,826,157 -46,979 6,941,085
Form 990 (2015)
Form 990 (2015)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 1,850,000 1,850,000
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 2,309,170 2,309,170
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 0  
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 2,899,716 869,915 2,029,801  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 7,195,516 3,117,198 4,078,318  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 329,870 111,787 218,083  
9 Other employee benefits ....... 361,142 77,907 283,235  
10 Payroll taxes ........... 1,019,435 481,515 537,920  
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 423,973   423,973  
c Accounting ........... 222,691   222,691  
d Lobbying ........... 175,627   175,627  
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 0      
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 0      
12 Advertising and promotion .... 21,477 15,880 5,597  
13 Office expenses ....... 724,856 557,820 167,036  
14 Information technology ...... 252,821 22,634 230,187  
15 Royalties .. 0      
16 Occupancy ........... 1,946,167 1,535,596 410,571  
17 Travel ............ 1,095,161 355,009 740,152  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0      
19 Conferences, conventions, and meetings .... 71,597 46,107 25,490  
20 Interest ........... 428,601 167,496 261,105  
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization .. 2,507,173 2,376,596 130,577  
23 Insurance ... 1,079,121 475,415 603,706  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Fisheries Support 323,456 323,456    
b Tax & Permit Assistance 46,898   46,898  
c Dues, Permits, & Licenses 495,593 439,156 56,437  
d Bank & Finance Charges 138,005 16,685 121,320  
e All other expenses 3,621,002 6,983,221 -3,362,219  
25 Total functional expenses. Add lines 1 through 24e 29,539,068 22,132,563 7,406,505 0
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2015)
Form 990 (2015)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 0 1 0
2 Savings and temporary cash investments ......... 29,439,710 2 41,088,650
3 Pledges and grants receivable, net ...... 0 3 0
4 Accounts receivable, net ............. 8,584,065 4 6,066,720
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net .... 33,892,637 7 19,792,086
8 Inventories for sale or use ........ 2,551,426 8 2,110,823
9 Prepaid expenses and deferred charges ...... 779,981 9 685,769
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 30,193,627
b Less: accumulated depreciation 10b 23,955,011 12,416,850 10c 6,238,616
11 Investments—publicly traded securities . 0 11 0
12 Investments—other securities. See Part IV, line 11 ..... 183,407,462 12 191,993,410
13 Investments—program-related. See Part IV, line 11 .. 37,160,130 13 37,160,130
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 5,959,132 15 4,166,181
16 Total assets. Add lines 1 through 15 (must equal line 34)... 314,191,393 16 309,302,385
Liabilities 17 Accounts payable and accrued expenses ..... 4,937,125 17 5,710,574
18 Grants payable ... 0 18 0
19 Deferred revenue ......... 19,080 19 13,197
20 Tax-exempt bond liabilities ......... 0 20 0
21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.. 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 42,376,681 23 24,910,781
24 Unsecured notes and loans payable to unrelated third parties .. 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D 8,176,866 25 21,576,752
26 Total liabilities. Add lines 17 through 25.. 55,509,752 26 52,211,304
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets 258,681,641 27 257,091,081
28 Temporarily restricted net assets ........... 0 28 0
29 Permanently restricted net assets 0 29 0
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund ...   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 258,681,641 33 257,091,081
34 Total liabilities and net assets/fund balances ........ 314,191,393 34 309,302,385
Form 990 (2015)
Form 990 (2015)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
32,853,263
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
29,539,068
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
3,314,195
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
258,681,641
5
Net unrealized gains (losses) on investments ...............
5
 
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-4,904,755
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
257,091,081
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2015)
Form 990 (2015)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Name of the organization
Coastal Villages Region Fund
 
Employer identification number

92-0156736
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
Name of organization
Coastal Villages Region Fund
  		Employer identification number
92-0156736
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 

   
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Page 3
Name of organization
Coastal Villages Region Fund
  		Employer identification number

92-0156736
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a)
No.from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
Page 4
Name of organization
Coastal Villages Region Fund
  		Employer identification number

92-0156736
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No.from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
Coastal Villages Region Fund
 
Employer identification number

92-0156736
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year ....    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ....    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ...........
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ............................
Part II
Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2015

Schedule D (Form 990) 2015
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a)Current year (b)Prior year (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ... 		         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet  
c
Temporarily restricted endowment SchDMd Bullet  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations .................
3a(i)
 
 
(ii) related organizations .................
3a(ii)
 
 
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ...   90,000 90,000
b Buildings   3,843,129 1,745,379 2,097,750
c Leasehold improvements   4,692,049 4,629,243 62,806
d Equipment ...   6,273,873 4,812,950 1,460,923
e Other ...   15,294,576 12,767,439 2,527,137
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 6,238,616
Schedule D (Form 990) 2015

Schedule D (Form 990) 2015
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c)Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) FISHING AFFILIATES 		4,483,259 F

(B) INVESTMENT IN SUBSIDIARIES 		187,510,150 F
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 191,993,409
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)INDIVIDUAL FISHING QUOTAS 37,160,131 F
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet 37,160,131
Part IX
Other Assets. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes 0
SECURITY DEPOSITS 29,926
ACCRUED PAYROLL 1,073,936
DUE TO AFFILIATES 20,472,890
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 21,576,752
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2015

Schedule D (Form 990) 2015
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  

Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D (Form 990) 2015


Additional Data


Software ID:  
Software Version:  




Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
Coastal Villages Region Fund
 
Employer identification number
92-0156736
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) CHEFORNAK TRADITIONAL COUNCIL
PO BOX 110
CHEFORNAK,AK995610110 		92-0063399   92,889       COMMUNITY DEVELOPMENT
(2) CHEVAK NATIVE VILLAGE
PO BOX 140
CHEVAK,AK995630140 		92-0063783   160,227       COMMUNITY DEVELOPMENT
(3) CITY OF EEK
PO BOX 29
EEK,AK995780009 		92-0038922   76,831       COMMUNITY DEVELOPMENT
(4) NAPASKIAK TRIBAL COUNCIL
PO BOX 8009
NAPASKIAK,AK995596009 		92-0143940   93,795       COMMUNITY DEVELOPMENT
(5) NATIVE VILLAGE OF GOODNEWS BAY
PO BOX 138
GOODNEWS BAY,AK99589 		92-0069102   62,845       COMMUNITY DEVELOPMENT
(6) NATIVE VILLAGE OF HOOPER BAY
PO BOX 69
HOOPER BAY,AK99604 		92-0063052   198,300       COMMUNITY DEVELOPMENT
(7) NATIVE VILLAGE OF KIPNUK
PO BOX 57
KIPNUK,AK99614 		92-0059660   122,933       COMMUNITY DEVELOPMENT
(8) NATIVE VILLAGE OF KONGIGANAK
PO BOX 5069
KONGIGANAK,AK99545 		92-0073274   95,867       COMMUNITY DEVELOPMENT
(9) NATIVE VILLAGE OF KUIGGAYAGAG
PO BOX 6129
OSCARVILLE,AK99559 		92-0165232   35,520       COMMUNITY DEVELOPMENT
(10) NATIVE VILLAGE OF KWIGILLINGOK
PO BOX 49
KWIGILLINGOK,AK99622 		92-0068388   83,824       COMMUNITY DEVELOPMENT
(11) NATIVE VILLAGE OF KWINHAGAK
PO BOX 149
QUINHAGAK,AK99655 		  126,429       COMMUNITY DEVELOPMENT
(12) NATIVE VILLAGE OF MEKORYUK
PO BOX 66
MEKORYUK,AK99630 		92-0065724   55,722       COMMUNITY DEVELOPMENT
(13) NATIVE VILLAGE OF NAPAKIAK
PO BOX 2
NAPAKIAK,AK99634 		92-0080966   75,924       COMMUNITY DEVELOPMENT
(14) NATIVE VILLAGE OF TUNUNAK
PO BOX 77
TUNUNAK,AK996810077 		92-0063781   82,140       COMMUNITY DEVELOPMENT
(15) NEWTOK TRADITIONAL COUNCIL
PO BOX 5545
NEWTOK,AK995595545 		92-0074328   76,572       COMMUNITY DEVELOPMENT
(16) NIGHTMUTE TRADITIONAL COUNCIL
PO BOX 90021
NIGHTMUTE,AK996900021 		92-0137403   64,528       COMMUNITY DEVELOPMENT
(17) NUNAKAUYAK TRADITIONAL COUNCIL
PO BOX 37048
TOKSOOK BAY,AK996370048 		92-0063047   113,220       COMMUNITY DEVELOPMENT
(18) PLATINUM TRADITIONAL COUNCIL
PO BOX 08
PLATINUM,AK99651 		91-0079313   35,520       COMMUNITY DEVELOPMENT
(19) SCAMMON BAY TRADITIONAL COUNCIL
PO BOX 110
SCAMMON BAY,AK996620110 		92-0066184   110,371       COMMUNITY DEVELOPMENT
(20) TUNTUTULIAK TRADITIONAL COUNCIL
PO BOX 8086
TUNTUTULIAK,AK996800086 		92-6010078   86,543       COMMUNITY DEVELOPMENT
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
20
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2015

Schedule I (Form 990) 2015
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
non-cash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of non-cash assistance
(1) SCHOLARSHIPS 125 363,548   FMV EDU. ASSIST.
(2) PEOPLE PROPEL SUBSIDIES 339 1,295,622   FMV FISHING EQP.
(3) HEATING FUEL 1839 325,000   FMV HEATING FUEL
(4) ELDERS PROGRAM 594 325,000   FMV BILLS PAYMT
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
Procedures for monitoring the use of grant funds in the United States Schedule I, Part I, Line 2 RECIPIENTS MUST SIGN AN AGREEMENT THAT THE MONEY WILL ONLY BE USED FOR THE STATED PURPOSE. ALL SCHOLARSHIP MONEY IS DIRECTLY PAID TO THE UNIVERSITIES AND NOT THE STUDENT. PEOPLE PROPEL SUBSIDIES ARE PAID DIRECTLY TO CVE AND NOT THE INDIVIDUAL.
Schedule I (Form 990) 2015



Additional Data


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Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
Coastal Villages Region Fund
 
Employer identification number

92-0156736
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization?
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization?
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2015

Schedule J (Form 990) 2015
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column(B) reported as deferred on prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
1CROW CLOYD MEXECUTIVE DIRECTOR (i)

(ii)		 475,000
-------------
0 		375,000
-------------
0 		0
-------------
0 		0
-------------
0 		-3,739
-------------
0 		846,261
-------------
0 		0
-------------
0
2PINSONNEAULT ANGELA MDIRECTOR OF BUSINESS DEV. (i)

(ii)		 290,000
-------------
0 		85,000
-------------
0 		0
-------------
0 		0
-------------
0 		-645
-------------
0 		374,355
-------------
0 		0
-------------
0
3COLEMAN MICHAEL JBERING SEA OPERATIONS GM (i)

(ii)		 283,500
-------------
0 		41,170
-------------
0 		0
-------------
0 		0
-------------
0 		-3,394
-------------
0 		321,276
-------------
0 		0
-------------
0
4SOUZA NICHOLAS ECVS GENERAL MANAGER (i)

(ii)		 210,000
-------------
0 		50,998
-------------
0 		0
-------------
0 		0
-------------
0 		-3,739
-------------
0 		257,259
-------------
0 		0
-------------
0
5DEAKIN ERIC JIT MANAGER (i)

(ii)		 183,500
-------------
0 		30,856
-------------
0 		0
-------------
0 		0
-------------
0 		-5,412
-------------
0 		208,944
-------------
0 		0
-------------
0
6KVINGE OWEN ICRAB CAPTAIN/SHIPYARD (i)

(ii)		 464,981
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		464,981
-------------
0 		0
-------------
0
7THELEN ROBERT ECRAB CAPTAIN/SHIPYARD (i)

(ii)		 362,854
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		362,854
-------------
0 		0
-------------
0
8LONGVANES HARALD JOSTEINFISHMASTER (i)

(ii)		 260,627
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		-1,444
-------------
0 		259,183
-------------
0 		0
-------------
0
9EGAAS JAMES LEONARDCAPTAIN (i)

(ii)		 237,616
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		-10,412
-------------
0 		227,204
-------------
0 		0
-------------
0
10GJERDE TERJEFACTORY MANAGER (i)

(ii)		 218,246
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		218,246
-------------
0 		0
-------------
0
11WILSON CHARLES ERNSTDIRECTOR OF FINANCE (i)

(ii)		 261,160
-------------
0 		0
-------------
0 		0
-------------
0 		0
-------------
0 		-2,649
-------------
0 		258,511
-------------
0 		0
-------------
0
Schedule J (Form 990) 2015

Schedule J (Form 990) 2015
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J (Form 990) 2015
Additional Data


Software ID:  
Software Version:  
Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletInformation about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
Coastal Villages Region Fund
 
Employer identification number

92-0156736
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
(1) Alice Hunter Wife of BOD MEMBER 3,300 Scholarship EDUCATION ASSISTANCE
(2) Renee Avugiak Daughter of BOD MEMBER 5,000 Scholarship EDUCATION ASSISTANCE
(3) Jofina Avugiak Daughter of BOD MEMBER 3,700 Scholarship EDUCATION ASSISTANCE
(4) Stephanie Maxie Daughter of BOD MEMBER 7,500 Scholarship EDUCATION ASSISTANCE
(5) Lawrence Albert Son of BOD MEMBER 1,500 Scholarship EDUCATION ASSISTANCE
(6) Dallas Chayalkun Brother of BOD MEMBER 4,000 Scholarship EDUCATION ASSISTANCE
(7) Skye M Chayalkun BOD MEMBER 4,597 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(8) Jeremy Tuluk BOD MEMBER 2,459 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(9) Peter Tuluk Father of BOD MEMBER 3,245 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(10) Evan Evan BOD MEMBER 4,052 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(11) Cheryl Smart Daughter of BOD MEMBER 2,734 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(12) Darren Cleveland BOD MEMBER 3,828 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(13) Theresa Cleveland Mother of BOD MEMBER 3,420 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(14) Kendra Nicholai Sister of BOD MEMBER 3,269 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(15) Robert Pitka BOD MEMBER 3,900 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(16) Frank Pitka Brother of BOD MEMBER 8,032 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(17) Wayne Brown Brother of BOD MEMBER 3,792 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(18) Stephanie Maxie Daughter of BOD MEMBER 3,394 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
(19) James Akerelrea FORMER BOD MEMBER 5,860 PEOPLE PROPEL SUBSIDY FISHING EQUIPMENT
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2015
Schedule L (Form 990 or 990-EZ) 2015
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) CHRIS BEREZKIN CHILD OF BOD MEMBER 10,280 EMPLOYEE COMPENSATION   No
(2) ADOLPH LEWIS SIBLING OF BOD MEMBER 16,438 EMPLOYEE COMPENSATION   No
(3) CHERYL SMART CHILD OF BOD MEMBER 49,915 EMPLOYEE COMPENSATION   No
(4) XAVIER TULIK SIBLING OF BOD MEMBER 52,552 EMPLOYEE COMPENSATION   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2015


Additional Data


Software ID:  
Software Version:  




SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2015
Open to Public
Inspection
Name of the organization
Coastal Villages Region Fund
 
Employer identification number

92-0156736
Return Reference Explanation
MEMBERS PART VI, SECTION A, LINE 6 CVRF HAS 20 MEMBER COMMUNITIES AS IDENTIFIED IN SECTION 305(I)(1)(D)(IV) OF THE MAGNUSON-STEVENS FISHERY CONSERVATION AND MANAGEMENT ACT.
GOVERNING BODY PART VI, SECTION A, LINE 7A: THERE IS ONE BOARD MEMBER FROM EACH OF THE 20 COMMUNITIES. WHEN COMMUNITIES' ELECTED OFFICIAL'S 6-YEAR TERM IS ENDING, THE COMMUNITIES' CITY OR TRIBAL COUNCIL HOLDS AN ELECTION AT LEAST 10 DAYS PRIOR TO THE ANNUAL MEETING.
MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH BOARD MEMBER IS REQUIRED TO COMPLETE A NEPOTISM STATEMENT FORM AND A RELATED PARTIES TRANSACTION QUESTIONnAIRE. EMPLOYEES ARE REQUIRED TO COMPLETE THESE FORMS UPON HIRE. Employee forms are reviewed by HR and Board forms are reviewed by the Executive Coordinator.
PROCESS FOR DETERMINING COMPENSATION OF TOP OFFICIALS PART VI, SECTION B, LINE 15A AN INDEPENDENT THIRD PARTY PERFORMS A COMPENSATION ANALYSIS OF TOP OFFICIALS, INCLUDING THE EXECUTIVE DIRECTOR, DIRECTOR OF BUSINESS DEVELOPMENT, CVS MANAGER, AND BERING SEA OPS GENERAL MANAGER. THE EXECUTIVE COMMITTEE OF THE BOARD PERFORMS AN ANNUAL CEO/EXECUTIVE DIRECTOR EVALUATION. AFTER MAKING THEIR RECOMMENDATIONS ON SALARY INCREASE AND BONUS, THE FULL BOARD APPROVES ANNUALLY, EACH DECEMBER. DELIBERATION OF AND DECISIONS REGARDING TOP OFFICAL COMENSATION ARE RECORDED IN THE BOARD MINUTES. THE PROCESS WAS LAST COMPLETED IN DECEMBER 2015.
AVAILABILITY OF DOCUMENTS PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PROVIDED THROUGH THE COMPANY'S ANNUAL REPORT. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED TO EACH OF OUR 20 COMMUNITY SUPPORT CENTERS AND PROVIDED TO THE PUBLIC IN THAT COMMUNITY UPON REQUEST.
REVIEW OF FORM 990 Part VI, Section B, Line 11B THE FORM 990 IS PREPARED BY KPMG LLP AND REVIEWED BY THE CONTROLLER, FINANCE MANAGER, AND THE DIRECTOR OF BUSINESS DEVELOPMENT. THE DIRECTOR OF BUSINESS DEVELOPMENT OR EXECUTIVE DIRECTOR WILL SIGN THE 990 DEPENDING ON AVAILABILITY.
PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS PART VI, SECTION B, LINE 15B EXECUTIVE DIRECTOR: ANNUALLY, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS COMPLETES A PERFORMANCE EVALUATION FOR THE EXECUTIVE DIRECTOR. ADDITIONALLY, AN INDEPENDENT THIRD PARTY PERFORMS A COMPENSATION ANALYSIS FOR THE EXECUTIVE DIRECTOR. THE COMPENSATION ANALYSIS, AS WELL AS THE EXECUTIVE DIRECTORS OVERALL PERFORMANCE, IS REVIEWED BY THE EXECUTIVE COMMITTEE. DELIBERATION OF AND DECISIONS REGARDING THE EXECUTIVE DIRECTORS PERFORMANCE AND COMPENSATION ARE RECORDED IN THE BOARD MINUTES. THIS PROCESS WAS COMPLETED IN DECEMBER 2015 AND IS COMPLETED EVERY YEAR DURING THE LAST QUARTER. OTHER EXECUTIVE STAFF: ANNUALLY, SELF EVALUATIONS ARE CONDUCTED AND THEN AN EVALUATION IS PREPARED BY THE EMPLOYEES MANAGER. AN INDEPENDENT THIRD PARTY PERFORMS A COMPENSATION ANALYSIS FOR THE POSITIONS OF DIRECTOR OF BUSINESS DEVELOPMENT, BERING SEA OPERATIONS GENERAL MANAGER, AND CVS GENERAL MANAGER. THE COMPENSATION ANALYSIS IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. REVIEW OF THE COMPENSATION ANALYSIS IS RECORDED IN THE BOARD MINUTES. COMPENSATION FOR EXEVUTIVE STAFF IS APPROVED BY THE EMPLOYEES MANAGER. THIS PROCESS WAS COMPLETED IN DECEMBER 2015 AND IS COMPLETED EVERY YEAR DURING THE LAST QUARTER.
OTHER PROGRAM SERVICES Part III, Line 4 OTHER PROGRAMS: OUTREACH - OUTREACH FOCUSES ON COMMUNICATION WITH REGION RESIDENTS IN OUR 20 MEMBER COMMUNITIES AND IS MADE UP OF SEVERAL PROGRAM AREAS. OUTREACH PROGRAM THE COMMUNITY OUTREACH PROGRAM MAINTAINS OPEN AND CONTINOUS COMMUNICATION WITH OUR RESIDENTS THROUGH NEWSLETTERS, ANNUAL REPORTS, AN INTERNET WEBSITE, A FACEBOOK PAGE AND TWITTER ACCOUNT, LOCAL RADIO ANNOUNCEMENTS, NEWSPAPER ADS, AND FLYERS. CVRF BOARD MEMBERS AND LOCAL COMMUNITY SERVICE REPRESENTATIVES ALSO SERVE AS AN OPEN DIRECT LINK. LOCAL RESIDENTS ARE INVITED TO PARTICIPATE IN MEETINGS INVOLVING CVRF BOARD MEMBERS AND STAFF. STAFF MEMBERS TRAVEL FREQUENTLY TO COMMUNITITES THROUGHOUT THE REGION TO SHARE INFORMATION ABOUT CVRF AND ITS PROGRAMS AND SERVICES AND TO RECRUIT FOR OUR COMPANY. YOUTH LEADSERSHIP AND YOUTH-TO-WORK PROGRAMS - THE COASTAL VILLAGES YOUTH LEADERSHIP PROGRAM PROMOTES LEADERSHIP, PERSONAL DEVELOPMENT, AND CITIZENSHIP AMONG THE YOUTH IN THE COMMUNITIES AGES 13 TO 24. THROUGH VARIOUS ACTIVITIES AND ACHIEVEMENTS, THE YOUTH LEARN TO ACCEPT RESPONSIBILITY, GAIN LEADERSHIP SKILLS, AND SERVE AS ROLE MODELS FOR YOUNGER CHILDREN. THE YOUTH PARTICIPATE IN COMMUNITY CLEAN-UPS, ENERGY SAVING INITIATIVES, FUNDRAISING, AND VARIOUS ACTIVITIES. YOUTH AGES 14-19 ALSO HAVE THE OPPORTUNITY TO WORK DURING THE SUMMER VIA CVRF'S YOUTH-TO-WORK PROGRAM. POLLOCK PROVIDES HEATING OIL PROGRAM HEATING OIL IS PROVIDED TO COMMUNITY MEMBERS DURING THE WINTER AND SPRING MONTHS TO OFFSET INCREASINGLY HIGH FUEL COSTS. POLLOCK PROVIDES IS A COMPANY TRADEMARK THAT ENCOMPASSES MANY OF CVRFS COMMUNITY PROGRAMS AND SERVICES. ELDER ASSISTANCE PROGRAM - THIS PROGRAM ASSISTS ELDERS IN CVRF'S MEMBER COMMUNITIES WITH THE HIGH COST OF LIVING BY PROVIDING FUNDING FOR EXPENSES SUCH AS HEATING OIL, ELECTRICITY, WATER AND SEWER, GASOLINE, MOTOR OIL, AND GROCERIES. 4-SITE THE 4-SITE PROGRAM WAS ESTABLISHED IN 1993. IT IS AIMED AT PROVIDING LONG-TERM ECONOMIC AND SOCIAL DEVELOPMENT IN OUR MEMBER COMMUNITIES BY PROVIDING SCHOLARSHIPS, INTERNSHIPS, TRAINING, AND EMPLOYMENT. CDQ CONTRACT AND QUOTA MANAGEMENT CVRF IS INCREASINGLY LEASING ITS CDQ QUOTA TO WHOLLY-OWNED SUBSIDIARIES AND HAS ACQUIRED SIGNIFICANT ADDITIONAL QUOTA (NON-CDQ) IN THE MAJOR BERING SEA FISHERIES. THE QUOTA MANAGEMENT TEAM MONITORS THE HARVEST OF ALL CDQ ALLOCATIONS THROUGHOUT THE YEAR, AND COORDINATES WITH FISHING VESSELS AND/OR HARVESTING PARTNERS TO MAXIMIZE THE HARVEST OF CVRFS CDQ QUOTA. PEOPLE PROPEL - THE PEOPLE PROPEL PROGRAM WAS CREATED BY THE CVRF BOARD OF DIRECTORS TO MEET THE DEMAND OF THE RESIDENTS OF OUR 20 MEMBER VILLAGES FOR SAFER, MORE FUEL EFFICIENT AND ENVIRONMENTALLY CLEANER OUTBOARDS AND BOATS. THE PEOPLE PROPEL ROGRAM ALSO ASSISTS CVRF RESIDENTS IN BUYING OTHER EQUIPMENT NECESSARY FOR LIFE IN A SMALL COASTAL COMMUNTY. THROUGH THE PEOPLE PROPEL PROGRAM RESIDENTS PURCHASE EQUIPMENT AT A SUBSIDIZED COST. COMMUNITY SERVICE CENTERS (CSC) - CVRF'S CSCs, LOCATED IN EACH OF OUR 20 MEMBER COMMUNITIES, PROVIDE AND ENHANCE ECONOMIC OPPORTUNITIES BY PROVIDING MEETING ROOM RENTAL SPACE, INTERNET ACCESS, AND A PLACE TO OBTAIN DETAILED INFORMATION ABOUT CVRF'S PROGRAMS AND SERVICES. APPROXIMATELY 50 COMMUNITY SERVICE REPRESENTATIVES (CSRs) ARE EMPLOYED AT THE CSCs EACH YEAR. CONSTRUCTION COSTS FOR COMMUNITY SERVICE CENTERS (CSC) - CVRF BUILT, OWNS, MAINTAINS, AND IMPROVES THE CSCs IN 19 OF OUR 20 COMMUNITIES.
OTHER CHANGES IN NET ASSETS PART XI, LINE 9 EQUITY IN INCOME OF CVE REPORTED ON A SEPARATE TAX RETURN (4,904,755)
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Publications & Subscriptions TOTAL EXPENSES:16576 PROGRAM SERVICES:3661 MANAGEMENT AND GENERAL:12915
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Vessel Expenses TOTAL EXPENSES:621031 PROGRAM SERVICES:573988 MANAGEMENT AND GENERAL:47043
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Meals & Food Expense TOTAL EXPENSES:108505 PROGRAM SERVICES:30148 MANAGEMENT AND GENERAL:78357
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Supplies TOTAL EXPENSES:1782549 PROGRAM SERVICES:1698643 MANAGEMENT AND GENERAL:83906
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Miscellaneous TOTAL EXPENSES:481912 PROGRAM SERVICES:381105 MANAGEMENT AND GENERAL:100807
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Intercompany TOTAL EXPENSES:-3764264 MANAGEMENT AND GENERAL:-3764264
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:Bad Debt TOTAL EXPENSES:144828 PROGRAM SERVICES:65811 MANAGEMENT AND GENERAL:79017
FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:IMPAIRMENT TOTAL EXPENSES:4229865 PROGRAM SERVICES:4229865
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2015


Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2015
Open to Public Inspection
Name of the organization
Coastal Villages Region Fund
 
Employer identification number

92-0156736
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) 711 H Street LLC
711 H STREET STE 200
Anchorage,AK99501
20-3222874 		Fisheries Dev AK 785,607 2,203,879 CVRF
 
(2) Arctic Sea Holdings LLC
711 H STREET STE 200
Anchorage,AK99501
20-5813214 		Fisheries Dev AK 1,960,511 13,881,569 CVC
 
(3) Blarney LLC
711 H STREET STE 200
Anchorage,AK99501
20-5512124 		Fisheries Dev AK 0 0 CE
 
(4) Blue Dutch LLC
711 H STREET STE 200
Anchorage,AK99501
91-1944034 		Fisheries Dev AK 81,747 4,941,579 CVC
 
(5) Camai LLC
711 H STREET STE 200
Anchorage,AK99501
27-0207193 		Fisheries Dev AK 70,828 385,530 CE
 
(6) Coastal Alaska Premier Seafoods LLC
711 H STREET STE 200
Anchorage,AK99501
47-2122136 		Fisheries Dev AK 426,909 5,231,240 CVRF
 
(7) Coastal Enterprises LLC
711 H STREET STE 200
Anchorage,AK99501
72-1582380 		Fisheries Dev AK 3,064,194 4,206,926 CVS
 
(8) Coastal Villages Community Development F
711 H STREET STE 200
Anchorage,AK99501
27-1020299 		Fisher. Loans AK 67,995 1,724,245 CVRF
 
(9) Coastal Villages Crab LLC
711 H STREET STE 200
Anchorage,AK99501
92-0171633 		Fisheries Dev AK 628,323 280,651 CAPS
 
(10) Coastal Villages Groundfish LLC
711 H STREET STE 200
Anchorage,AK99501
92-0176957 		Fisheries Dev AK 0 0 CAPS
 
(11) Coastal Villages Pollock LLC
711 H STREET STE 200
Anchorage,AK99501
92-0170320 		Fisheries Dev AK 2,690,197 10,191,800 CAPS
 
(12) Coastal Villages Seafoods LLC
711 H STREET STE 200
Anchorage,AK99501
92-0171662 		Fisheries Dev AK 4,038,809 5,091,507 CVRF
 
(13) FV Arctic Sea LLC
711 H STREET STE 200
Anchorage,AK99501
20-8044616 		Fisheries Dev AK 11,730,433 4,692,460 CVC
 
(14) FV Bering Sea LLC
711 H STREET STE 200
Anchorage,AK99501
20-8044635 		Fisheries Dev AK 0 562,825 CVC
 
(15) FV North Sea LLC
711 H STREET STE 200
Anchorage,AK99501
20-8044624 		Fisheries Dev AK 8,524,178 2,600,319 CVC
 
(16) Goodnews Bay Seafoods LLC
711 H STREET STE 200
Anchorage,AK99501
27-0625278 		Fisheries Dev AK 5,061,665 7,992,368 CVC
 
(17) Kelly Mae LLC
711 H STREET STE 200
Anchorage,AK99501
20-1049244 		Fisheries Dev AK 218 1,739,435 CE
 
(18) Leo LLC
711 H STREET STE 200
Anchorage,AK99501
20-5779381 		Fisheries Dev AK 304 940,866 CE
 
(19) Wassilie B LLC
711 H STREET STE 200
Anchorage,AK99501
27-3315605 		Fisheries Dev AK 226,660 714,384 CVS
 
Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) BSAI PARTNERS LLC

PO BOX 31091
SEATTLE,WA98103
27-1870579 		FISHING VESSELS WA NA
  		RELATED 2,724,590 8,811,400 Yes   2,009 Yes   50.000 %
(2) COASTAL VILLAGES HOLDINGS LLC

711 H STREET STE 200
ANCHORAGE,AK99501
45-3092441 		FISHING VESSELS AK CVP
  		RELATED 19,066,403 189,692,956 Yes     Yes   92.857 %










Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) COASTAL VILLAGES ENTERPRISES INC

711 H STREET STE 200
ANCHORAGE,AK99501
43-1948720 		FISHERIES DEV. AK CVP
  		C Corp 1,142,381 19,317,276 100.000 % Yes  












Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
 
No
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) COASTAL VILLAGES ENTERPRISES

 j 273,264 ACCRUAL
(2) COASTAL VILLAGES ENTERPRISES

 l 436,000 ACCRUAL




Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2015
Schedule R (Form 990) 2015
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2015

Additional Data


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