Bristol Bay Economic Development Corp
Bristol Bay Economic Development Corporation (BBEDC) is a public charity based in Dillingham, Alaska. Formed in 1992, it promotes economic growth and opportunities for residents of its member communities through sustainable use of Bering Sea resources.
Bristol Bay Economic Development Corp at a glance
In short: Bristol Bay Economic Development Corp gave $9.1M across 36 grants in 2023 (avg $254K), mostly in Alaska. 22% of 2023 grantees were new. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $9,143,028
- -22.1% vs 2022
- Grants made (2023)
- 36
- -12.2% vs 2022
- Average grant
- $253,973
- -11.3% vs 2022
- Median grant
- $98,042
- Total assets
- $394,959,006
- +2.7% vs 2022
- New grantees (estimate)
- 22% first-time grantees (8 of 36, 2023)
- Primary geography
- Alaska (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990, 2023 View filing
Data from IRS Form 990, 2023; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Bristol Bay Economic Development Corp
- Contact
Mailing address: PO Box 1464, Dillingham, AK 99576
Phone: (907) 842-4370
Website: https://bbedc.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bristol Bay Economic Development Corp funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
The largest 2023 recipient was Pilot Point Tribal Council ($1.2M). Together the top 10 received $7.1M.
Grant Size Distribution
155 grants across all recorded years
The most common grant size was under $50K: 62 grants of 155 (40%).
Geographic Focus
Where this funder awards grants
BBEDC identifies its member communities as Aleknagik, Clarks Point, Dillingham, Egegik, Ekuk, Ekwok, King Salmon, Levelock, Manokotak, Naknek, Pilot Point, Portage Creek, Port Heiden, South Naknek, Togiak, Twin Hills, and Ugashik. Its reported 2023 grant dollars all went to Alaska recipients.
Grant Distribution by State
Share of 2023 grant dollars across all 36 itemized grants.
States
Cities
Is Bristol Bay Economic Development Corp open to new grantees?
22%
first-time grantees, 2023
In 2023, 8 of 36 grantees (22%) were first-time recipients. First grants averaged $39K; repeat grants $315K. How we count
Medians: $21K first-time, $168K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $8.6M (2021) to $14.7M (2020). In 2023 it made 36 grants totaling $9.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pilot Point Tribal Council Pilot Point, AK | CBG Drawdown, Community Liason | $1,156,498 |
| Bristol Bay Science and Research Institute Dillingham, AK | Program Support | $1,000,000 |
| Clarks Point Village Council Clarks Point, AK | CBG DRAWDOWN,ARTIC Tern and Community Liason | $866,056 |
| Aleknagik Traditional Council Aleknagik, AK | CBG Drawdown, Youth Program, Community Liason | $844,148 |
| Ugashik Traditional Village Anchorage, AK | Cbg drawdown, community liason, first aid training, artic tern | $724,745 |
| Curyung Tribal Council Dillingham, AK | CBG DRAWDOWN,ARTIC Tern and Community Liason | $679,363 |
| Naknek Village Council Naknek, AK | CBG Drawdown, Community Liason, Artic Tern | $626,249 |
| Ekwok Village Council Ekwok, AK | CBG DRAWDOWN,ARTIC Tern, Community Liason, Seasonal Employment | $523,025 |
| Manokotak Village Council Manokotak, AK | Seasonal Employment | $410,729 |
| United Tribes of Bristol Bay Dillingham, AK | Cfbb program, utbb financial assistance, sustainability summit, seasonal employment | $313,525 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | $394,959,006 | $20,020,774 | $21,652,256 | $9,143,028 | 36 | $10,006,134 |
| 2022 | $384,600,359 | $47,038,939 | $22,392,468 | $11,740,626 | 41 | $3,395,589 |
| 2021 | $398,869,133 | $73,071,666 | $37,467,010 | $8,637,809 | 41 | $8,235,644 |
| 2020 | $361,710,560 | $27,584,898 | $20,790,542 | $14,705,429 | 37 | $3,415,464 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
BBEDC’s stated mission is “to promote economic growth and opportunities for residents of its member communities through sustainable use of the Bering Sea resources.” Its programs include community grants, support for fishing operations, business and technical assistance, and education, employment, and training opportunities.
In 2023, the organization reported allocating $750,000 per member community for its Community Block Grant Program. Communities could fund sustainable economic development projects, eligible household heating fuel or electricity assistance, or operations and maintenance for certain community-owned buildings and ice machines. Other programs described in the filing support resident fishers and local employment and training. BBEDC says programs have specific requirements and policies for checking eligibility and monitoring the use of funds.
Among the organizations receiving 2023 grants, Bristol Bay Science & Research Institute describes its mission as conducting research and management to benefit Bristol Bay residents and communities and sustain regional renewable resources, especially fish stocks and fisheries. Bristol Bay Native Association says it works to serve as a unified voice for Bristol Bay Tribes and provide opportunities and initiatives benefiting Tribes and Native people. Bristol Bay Historical Society describes its work as collecting, preserving, researching, and sharing Indigenous cultural lifeways and maritime heritage. Safe and Fear-Free Environment says its mission is to prevent, reduce, and eliminate interpersonal violence in Bristol Bay through individual and system advocacy.
Grantmaking
In filing year 2023, BBEDC reported 36 grants totaling $9,143,028. Grant amounts ranged from $5,294 to $1,156,498, with a median of $98,042. All reported grant dollars went to recipients in Alaska.
The largest reported grants included $1,156,498 to Pilot Point Tribal Council for Community Block Grant drawdown and community liaison activities; $1,000,000 to Bristol Bay Science and Research Institute for program support; $866,056 to Clarks Point Village Council for Community Block Grant drawdown and related activities; and $844,148 to Aleknagik Traditional Council for Community Block Grant drawdown, youth programming, and community liaison activities. Other large recipients included Ugashik Traditional Village ($724,745), Curyung Tribal Council ($679,363), and Naknek Village Council ($626,249).
BBEDC’s website lists program applications and information, including a Community Block Grant application packet and Arctic Tern application. The 2026 directory describes Arctic Tern grants of up to $6,000 for a Tribal or City government in each BBEDC community to support employment or learning opportunities for youth up to age 17; it says applications are accepted year-round. The directory also describes grant-writing assistance for BBEDC city and tribal governments, provided through an application process.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing lists Michael Link as executive director. Listed board members are John Christensen, Louie Alakayak Sr, Fred T Angasan Sr, Peter Angasan Sr, Jimmy Coopchiak, Betty Gardiner, and Gusty Ilutsik Jr. Hattie Albecker is listed as secretary and Robert Heyano as treasurer.
Bristol Bay Economic Development Corp is led by Michael Link, Executive Director on every filing since 2022; 23 of 24 officers listed in 2023 are compensated.
Officers on the 2023 filing
Michael Link
Executive Director
On filings since 2022
$188K (2022) → $269K (2023)
Gerda Kosbruk
Chair
Board Member → Chair, 2023
On filings since 2020
6.5 hrs/week
$20K (2020) → $19K (2023)
H. Robin Samuelsen Jr.
Chair
Chairman → Chair, 2023
On filings since 2020
13.5 hrs/week
$57K (2020) → $47K (2023)
Alice Ruby
Program Director
On filings since 2020
40 hrs/week
$115K (2020) → $124K (2023)
Alexander Tallekpalek
Board Member
On filings since 2020
1.8 hrs/week
$4K (2020) → $7K (2023)
Christopher Napoli
CAO
On filings since 2020
40 hrs/week
$109K (2020) → $150K (2023)
Clifford Tubbs
Finance Officer
On filings since 2020
40 hrs/week
$114K (2020) → $155K (2023)
Fred T. Angasan Sr.
Board Member
Vice Chairman → Board Member, 2021
On filings since 2020
2 hrs/week
$20K (2020) → $8K (2023)
Fritz Sharp
Board Member
On filings since 2020
1.8 hrs/week
$3K (2020) → $10K (2023)
Hattie Albecker
Secretary
On filings since 2020
6.1 hrs/week
$25K (2020) → $15K (2023)
Jimmy Coopchiak
Board Member
On filings since 2020
0.9 hrs/week
$5K (2020) → $10K (2023)
Louie Alakayak Sr.
Board Member
On filings since 2020
1.4 hrs/week
$6K (2020) → $4K (2023)
Robert Heyano
Treasurer
On filings since 2020
4.1 hrs/week
$34K (2020) → $12K (2023)
Staci Fieser
CFO
On filings since 2020
40 hrs/week
$130K (2020) → $172K (2023)
Victor Seybert
Board Member
On filings since 2020
5.9 hrs/week
$17K (2020) → $14K (2023)
William Yost
Board Member
Alt Board Member → Board Member, 2023
On filings since 2020
0.4 hrs/week
$500 (2020) → $1K (2023)
Gusty Ilutsik Jr.
Board Member
On filings since 2021
1.4 hrs/week
$2K (2021) → $6K (2023)
Peter Angasan Sr.
Board Member
On filings since 2021
2 hrs/week
$1K (2021) → $6K (2023)
Richard King
Board Member
On filings since 2021
1.8 hrs/week
$1K (2021) → $5K (2023)
Betty Gardiner
Board Member
On filings since 2022
1.6 hrs/week
$3K (2022) → $7K (2023)
John Christensen
Board Member
On filings since 2022
0.9 hrs/week
$500 (2022) → $500 (2023)
Teodoro Pauk
Board Member
On filings since 2022
1.8 hrs/week
$500 (2022) → $0 (2023)
Erin Peters
Board Member
New on the 2023 filing
1.4 hrs/week
$4K (2023)
Maryann Johnson
Board Member
New on the 2023 filing
3.4 hrs/week
$13K (2023)
Former officers (12)
- Former: Harry Wassily Sr. (2020–2022) — Board Member
- Former: Helen Smeaton (2020–2022) — COO
- Former: Justin Alto (2020–2022) — Board Member
- Former: Mary Ann Johnson (2020–2022) — Board Member
- Former: Michael Gottschalk (2020–2022) — Board Member
- Former: Charles Hensel (2021–2022) — Si Staff
- Former: Kenneth Jensen (2020–2021) — Board Member
- Former: Margie Aloysius (2020–2021) — Board Member
- Former: Mark Angasan (2020–2021) — Board Member
- Former: Norman Van Vactor (2020–2021) — President & CEO
- Former: Paul Peyton (2020–2021) — Sio
- Former: Ralph Angasan Jr. (2021) — Alt Board Member
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $269K, to Michael Link (Executive Director). 23 officers or directors reported compensation on that filing.
Frequently asked questions about Bristol Bay Economic Development Corp
How much does Bristol Bay Economic Development Corp give each year?
Bristol Bay Economic Development Corp gave $9.1M across 36 grants in 2023, according to its 2023 IRS Form 990. In 2022 it gave $11.7M across 41 grants.
What is Bristol Bay Economic Development Corp's typical grant size?
Bristol Bay Economic Development Corp's median grant in 2023 was $98,042, and its average grant was $253,973, across 36 grants on its 2023 IRS Form 990. Organizations receiving their first grant from Bristol Bay Economic Development Corp that year got $39K on average.
Where does Bristol Bay Economic Development Corp give grants?
Bristol Bay Economic Development Corp gives mostly in Alaska: 100% of the grant dollars itemized on its 2023 IRS Form 990 went to recipients there. The most frequent recipient cities were Dillingham, AK (11 grants), Naknek, AK (4 grants), Ekwok, AK (3 grants) and King Salmon, AK (3 grants).
Does Bristol Bay Economic Development Corp give general operating support?
Not in 2023: none of the 36 grants with a stated purpose on Bristol Bay Economic Development Corp's 2023 IRS Form 990 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).
Who are Bristol Bay Economic Development Corp's largest grantees?
Bristol Bay Economic Development Corp's largest 2023 grantees include Pilot Point Tribal Council ($1,156,498), Bristol Bay Science and Research Institute ($1,000,000) and Clarks Point Village Council ($866,056), according to its 2023 IRS Form 990. Together they received 33% of its itemized 2023 grant dollars.
How large is Bristol Bay Economic Development Corp?
Bristol Bay Economic Development Corp reported $395.0M in total assets on its 2023 IRS Form 990. Its revenue that year was $20.0M.
What does Bristol Bay Economic Development Corp fund?
BBEDC’s stated mission is “to promote economic growth and opportunities for residents of its member communities through sustainable use of the Bering Sea resources.” See mission & focus areas ↑
How do I apply for a grant from Bristol Bay Economic Development Corp?
Bristol Bay Economic Development Corp has no public application process in the sources Grantable reviewed. Check bbedc.com for current guidelines, or contact the foundation directly before submitting a request.
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.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 13, 2023)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 22, 2024)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 5, 2024)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 15, 2025)
- IRS filings on file for fiscal years 2020–2023
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