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Bristol Bay Economic Development Corp

Foundation · Grantmaker Dillingham, AK EIN: 92-0142567 Website

Bristol Bay Economic Development Corporation (BBEDC) is a 501(c)(4) civic league and social welfare organization based in Dillingham, Alaska. Founded in 1992 and tax-exempt since July 1993, BBEDC operates as a regional economic development entity serving member communities in the Bristol Bay area. The organization employs 35 staff members and maintains its headquarters at 411 First Avenue East, Dillingham, AK 99576.

Key facts about Bristol Bay Economic Development Corp

EIN
92-0142567
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$9,143,028
Grants made (2023)
36
Average grant
$253,973
Median grant
$98,042
New grantees (estimate)
28% first-time grantees (10 of 36, 2023)
Total assets
$394,959,006
Primary geography
Alaska (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Bristol Bay Economic Development Corp funds

By grant dollars, the top recipient states for Bristol Bay Economic Development Corp's 36 itemized 2023 grants were Alaska (100%). The most frequent recipient cities were Dillingham, AK (11 grants), Naknek, AK (4 grants), Ekwok, AK (3 grants) and King Salmon, AK (3 grants). None of its 36 grants with a stated purpose were described as general or operating support. Recurring purposes include "Seasonal Employment" (8 grants), "CBG Drawdown, Community Liason" (4 grants) and "CBG DRAWDOWN,ARTIC Tern and Community Liason" (3 grants).

Is Bristol Bay Economic Development Corp open to new grantees?

28%

first-time grantees, 2023

In 2023, 10 of 36 grantees (28%) were first-time recipients. First grants averaged $35K; repeat grants $338K. How we count

Medians: $21K first-time, $192K repeat.

  • 69% of 2023 grantees were also funded in 2022. Method
  • Giving fell 38% from 2020 to 2023. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Bristol Bay Economic Development Corp

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$395.0M

+2.7% YoY

Annual Giving

$9.1M

-22.1% YoY

Grant Count

36

-12.2% YoY

Avg Grant Size

$254K

-11.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: "It is the purpose of the Bristol Bay Economic Development Corporation to promote economic growth and opportunities for residents of its member communities through sustainable use of the Bering Sea resources."

BBEDC's primary focus areas include:

  • Economic Development (designated NTEE code S30)
  • Education
  • Human Services
  • Health Care
  • Fishing Operations and Regional Development
  • Community Programs and Employment Training

Grantmaking

BBEDC provides funding through multiple program areas:

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Geographic Focus

Where this funder awards grants

BBEDC operates throughout the Bristol Bay region of Alaska, with a specific focus on member communities in the area. The organization serves resident commercial fishers and communities across Bristol Bay.

Grant Distribution by State

3states

Share of all 36 itemized 2023 grant dollars.

States

AlaskaMontanaWashington

Cities

DillinghamNaknekEkwokKing SalmonAnchorageAleknagikManokotakClarks PointLevelockEgegikFairbanksPilot PointPort HeidenTogiakTwin HillsWasillaBainbridgeArlingtonKing SalmomPolson

Financial History

Multi-year comparison from IRS filings

As of December 2023:

Metric Amount
Total Assets $394,959,006
Total Revenue $20,020,774
Total Expenses $21,652,256
Total Giving $11,370,579

Historical Context:

  • 2023 Revenue: $20M
  • 2023 Expenses: $21.7M
  • Total Liabilities (2023): $3.3M

Note: BBEDC reported conflict of interest transactions in its December 2023 tax filing, which are documented on Schedule L of the Form 990.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M$80M2020202120222023
Metric202320222021
Total Assets$394,959,006$384,600,359$398,869,133
Revenue$20,020,774$47,038,939$73,071,666
Expenses$21,652,256$22,392,468$37,467,010
Qualifying Distributions———
Net Investment Income$10,006,134$3,395,589$8,235,644
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$7M$11M$15M37 grants202041 grants202141 grants202236 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Pilot Point Tribal Council: $1.2MPilot Point Tribal Council$1.2MBristol Bay Science and Research Institute: $1.0MBristol Bay Science andResearch Institute$1.0MClarks Point Village Council: $866KClarks Point Village Council$866KAleknagik Traditional Council: $844KAleknagik Traditional Council$844KUgashik Traditional Village: $725KUgashik Traditional Village$725KCuryung Tribal Council: $679KCuryung Tribal Council$679KNaknek Village Council: $626KNaknek Village Council$626KEkwok Village Council: $523KEkwok Village Council$523KManokotak Village Council: $411KManokotak Village Council$411KUnited Tribes of Bristol Bay: $314KUnited Tribes of Bristol Bay$314K

Grant Size Distribution

155 grants across all recorded years

62<$50K11$50–100K15$100–250K14$250–500K49$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest recipients include Pilot Point Tribal Council ($1,156,498), Bristol Bay Science and Research Institute ($1,000,000), Clarks Point Village Council ($866,056).

RecipientPurposeAmount
PILOT POINT TRIBAL COUNCIL Pilot Point, AKCBG DRAWDOWN, COMMUNITY LIASON$1,156,498
BRISTOL BAY SCIENCE AND RESEARCH INSTITUTE Dillingham, AKPROGRAM SUPPORT$1,000,000
CLARKS POINT VILLAGE COUNCIL Clarks Point, AKCBG DRAWDOWN,ARTIC TERN AND COMMUNITY LIASON$866,056
ALEKNAGIK TRADITIONAL COUNCIL Aleknagik, AKCBG DRAWDOWN, YOUTH PROGRAM, COMMUNITY LIASON$844,148
UGASHIK TRADITIONAL VILLAGE Anchorage, AKCBG DRAWDOWN, COMMUNITY LIASON, FIRST AID TRAINING, ARTIC TERN$724,745
CURYUNG TRIBAL COUNCIL Dillingham, AKCBG DRAWDOWN,ARTIC TERN AND COMMUNITY LIASON$679,363
NAKNEK VILLAGE COUNCIL Naknek, AKCBG DRAWDOWN, COMMUNITY LIASON, ARTIC TERN$626,249
EKWOK VILLAGE COUNCIL Ekwok, AKCBG DRAWDOWN,ARTIC TERN, COMMUNITY LIASON, SEASONAL EMPLOYMENT$523,025
MANOKOTAK VILLAGE COUNCIL Manokotak, AKSEASONAL EMPLOYMENT$410,729
UNITED TRIBES OF BRISTOL BAY Dillingham, AKCFBB PROGRAM, UTBB FINANCIAL ASSISTANCE, SUSTAINABILITY SUMMIT, SEASONAL EMPLOYMENT$313,525

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer:

  • Michael Link

Board Governors (as of most recent filing):

  • Fred Angasan
  • Hattie Albecker
  • Robert Heyano
  • Robin Samuelsen

Key Executive:

  • Chris Napoli, Chief Administrative Officer

Compensation Overview

From 2023 IRS filing

Michael Link — Executive Director: $269KMichael LinkExecutive Director$269KStaci Fieser — CFO: $172KStaci FieserCFO$172KClifford Tubbs — Finance Officer: $155KClifford TubbsFinance Officer$155KChristopher Napoli — Cao: $150KChristopher NapoliCao$150KAlice Ruby — Program Director: $124KAlice RubyProgram Director$124KH Robin Samuelsen Jr — Chair Thru Nov 2023: $47KH Robin Samuelsen JrChair Thru Nov 2023$47KGerda Kosbruk — Chair Beg Nov 2023: $19KGerda KosbrukChair Beg Nov 2023$19KHattie Albecker — Secretary: $15KHattie AlbeckerSecretary$15KVictor Seybert — Board Member: $14KVictor SeybertBoard Member$14KMaryann Johnson — Board Member: $13KMaryann JohnsonBoard Member$13KRobert Heyano — Treasurer: $12KRobert HeyanoTreasurer$12KFritz Sharp — Board Member: $10KFritz SharpBoard Member$10KJimmy Coopchiak — Board Member: $10KJimmy CoopchiakBoard Member$10KFred T Angasan Sr — Board Member: $8KFred T Angasan SrBoard Member$8KBetty Gardiner — Board Member: $7KBetty GardinerBoard Member$7KAlexander Tallekpalek — Board Member: $7KAlexander TallekpalekBoard Member$7KGusty Ilutsik Jr — Board Member: $6KGusty Ilutsik JrBoard Member$6KPeter Angasan Sr — Board Member: $6KPeter Angasan SrBoard Member$6KRichard King — Board Member: $5KRichard KingBoard Member$5KLouie Alakayak Sr — Board Member: $4KLouie Alakayak SrBoard Member$4KErin Peters — Board Member: $4KErin PetersBoard Member$4KWilliam Yost — Board Member: $1KWilliam YostBoard Member$1KJohn Christensen — Board Member: $500John ChristensenBoard Member$500

From 2023 IRS filing

NameTitleHoursCompensation
Michael LinkExecutive Director—$268,672
John ChristensenBoard Member0.9$500
Louie Alakayak SrBoard Member1.44$4,000
Hattie AlbeckerSecretary6.12$14,917
Fred T Angasan SrBoard Member1.98$7,500
Peter Angasan SrBoard Member1.98$5,500
Jimmy CoopchiakBoard Member0.9$9,666
Betty GardinerBoard Member1.62$6,500
Robert HeyanoTreasurer4.14$11,917
Gusty Ilutsik JrBoard Member1.44$6,250
Maryann JohnsonBoard Member3.42$12,500
Richard KingBoard Member1.8$5,000
Gerda KosbrukChair Beg Nov 20236.48$18,750
H Robin Samuelsen JrChair Thru Nov 202313.5$47,083
Victor SeybertBoard Member5.94$13,750
Fritz SharpBoard Member1.8$9,750
Alexander TallekpalekBoard Member1.8$6,500
William YostBoard Member0.36$1,000
Erin PetersBoard Member1.44$4,000
Teodoro PaukBoard Member1.8—
Clifford TubbsFinance Officer40$154,852
Christopher NapoliCao40$149,557
Staci FieserCFO40$172,472
Alice RubyProgram Director40$124,464

Recent News & Activity

Recent developments and announcements

BBEDC has announced strategic partnerships to strengthen regional economic development:

**Silver Bay Seafoods Partnership:** BBEDC partnered with Silver Bay Seafoods to strengthen the Alaska seafood industry.

Silver Bay Seafoods and Bristol Bay Economic Development Corporation Announce Partnership

**Business Competition Support:** BBEDC congratulated awardees of the Path to Prosperity Business Competition, supporting small business development in the Bristol Bay region.

Bristol Bay Development Fund Congratulates Path to Prosperity Business Competition

**Wetlands Mapping Initiative:** Bristol Bay Native Corporation (a related entity) received funding to advance wetlands mapping for improved regional habitat management in Bristol Bay.

Bristol Bay Development Fund Congratulates Path to Prosperity Business Competition

Frequently Asked Questions

What does Bristol Bay Economic Development Corp fund?

**Mission Statement:** "It is the purpose of the Bristol Bay Economic Development Corporation to promote economic growth and opportunities for residents of its member communities through sustainable use of the Bering Sea resources." BBEDC's primary focus areas include: • **Economic Development** (designated NTEE code S30) • **Education** • **Human Services** • **Health Care** • **Fishing Operations and Regional Development** • **Community Programs and Employment Training**

How do I apply for a grant from Bristol Bay Economic Development Corp?

BBEDC provides funding through multiple program areas: **Vessel Upgrade Grants Program:** The organization offers vessel upgrade grants to resident commercial fishers to help modernize their fleets with technical innovations, efficient engines, outboards, and necessary repairs. In 2023, BBEDC spent $1,008,252 supporting fifty-six resident fishers from fifteen Bristol Bay communities. Drift operations can qualify for up to $35,000 and set net operations for up to $17,500. **Grant Award Range:** …

Where does Bristol Bay Economic Development Corp make grants?

BBEDC operates throughout the Bristol Bay region of Alaska, with a specific focus on member communities in the area. The organization serves resident commercial fishers and communities across Bristol Bay.

What size grants does Bristol Bay Economic Development Corp award?

In 2023, Bristol Bay Economic Development Corp awarded 36 grants totaling $9.1M — an average of about $254K per grant, based on its IRS Form 990 filings.

What is Bristol Bay Economic Development Corp's EIN?

Bristol Bay Economic Development Corp's EIN (Employer Identification Number) is 92-0142567. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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