Coastal Villages Region Fund

Organization Overview

Coastal Villages Region Fund is located in Anchorage, AK. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Coastal Villages Region Fund employed 1,039 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Villages Region Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2022, Coastal Villages Region Fund generated $59.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $55.1m during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Coastal Villages Region Fund has awarded 172 individual grants totaling $7,564,930. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE THE MEANS FOR DEVELOPMENT OF OUR COMMUNITIES BY CREATING SENSIBLE, TANGIBLE AND LONG-TERM OPPORTUNITIES THAT GENERATE HOPE FOR ALL PEOPLE WHO WANT TO FISH AND WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM COST OF OPERATING VESSELS (PROGRAM #1): PROGRAM COSTS ASSOCIATED WITH OPERATION OF ONE POLLOCK CATCHER/PROCESSOR, TWO 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).


INSHORE AND NEARSHORE PROGRAM DESCRIPTION (PROGRAM #2):IN PRIOR YEARS CVRF OPERATED SIX HALIBUT PLANTS, ONE SALMON PLANT, A SALMON BUYING STATION AND SUPPORTING TENDERS, TUGS, AND BARGES. THESE OPERATIONS WERE SUSPENDED IN 2016 DUE TO HIGH SUBSIDY REQUIREMENTS AND THE DESIRE TO FOCUS ON MORE GEOGRAPHICALLY-EQUITABLE ECONOMIC DEVELOPMENT PROGRAMS ACROSS THE ENTIRE SERVICE AREA. THIS PROGRAM IS BEING PHASED OUT, BUT ACTIVITIES TRANSACTED IN 2019 INCLUDE ONGOING DEPRECIATION, INSURANCE, AND MAINTENANCE OF THE FACILITIES. YOUTH PROGRAMS (PROGRAM #4):YOUTH PROGRAMS - THE COASTAL VILLAGES YOUTH PROGRAMS PROMOTE 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, THROUGH PARTICIPATION IN COMMUNITY ACTIVITIES. YOUTH AGES 14-19 ALSO HAVE THE OPPORTUNITY TO WORK DURING THE SUMMER VIA CVRF'S YOUTH-TO-WORK PROGRAM. CIUNEQ IS A PROGRAM FOR HIGH ACHIEVING HIGH SCHOOL AGED YOUTH TO CREATE A PATHWAY FOR FUTURE EDUCATION AND CAREER SUCCESS THROUGH EXPOSURE TO THE OPPORTUNITIES AVAILABLE TO THEM .SOCIAL INVESTMENTS (PROGRAM #5):SOCIAL INVESTMENTS - IS COMPRISED OF VARIOUS SOCIAL PROGRAMS TO IMPROVE THE WELFARE OF RESIDENTS IN THE SERVICE 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.POLLOCK PROVIDES(R) HEATING OIL PROGRAM HEATING OIL IS PROVIDED TO COMMUNITY MEMBERS DURING THE WINTER AND SPRING MONTHS TO OFFSET INCREASINGLY HIGH FUEL COSTS. POLLOCK PROVIDES(R) IS A COMPANY TRADEMARK THAT ENCOMPASSES MANY OF CVRF'S 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.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.FUNERAL ASSISTANCE - THIS PROGRAM IS DESIGNED TO PROVIDE COMMUNITY MEMBERS WITH ASSISTANCE IN FUNERAL AND BURIAL COSTS IN THE COMMUNITIES.CONSTRUCTION - THIS PROGRAM IS DESIGNED TO PROVIDE COMMUNITY ASSISTANCE FOR AFFORDABLE HOUSING AND IMPROVEMENT OF CRITICAL INFRASTRUCTURE. THE PROGRAM IS WORKING TO DEVELOP COMMUNITY CAPACITY THROUGH HIRING AND TRAINING QUALIFIED PERSONNEL TO PERFORM CONSTRUCTION ACTIVITIES, TO PROVIDE DOWN-PAYMENT ASSISTANCE, TO PROVIDE CONSULTATION AND COORDINATION WITH HOUSING LENDERS, BIA AND OTHER LOW-INCOME HOUSING PROGRAM PROVIDERS. AFFORDABLE HOUSING UNITS WILL BE SOLD TO QUALIFYING COMMUNITIES MEMBERS WITH HOUSING SALES PROCEEDS ROLLING BACK INTO THE PROGRAM. THE PROGRAM WILL ALSO CONDUCT CONSTRUCTION AND MAINTENANCE OF OTHER CRITICAL INFRASTRUCTURE, SUCH AS BOARDWALKS, COMMUNITY CENTERS, AND OTHER FACILITIES WITHIN THE COMMUNITIES. 4-SITE (PROGRAM #6):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 & QUOTA MANAGEMENT (PROGRAM #8):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 CVRF'S CDQ QUOTA.


OUTREACH PROGRAMS (PROGRAM #3): OUTREACH - OUTREACH FOCUSES ON COMMUNICATION WITH REGION RESIDENTS IN OUR 20 MEMBER COMMUNITIES AND IS MADE UP OF SEVERAL PROGRAM AREAS. THE COMMUNITY OUTREACH PROGRAM MAINTAINS OPEN AND CONTINUOUS COMMUNICATION WITH OUR RESIDENTS. 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 COMMUNITIES THROUGHOUT THE REGION TO SHARE INFORMATION ABOUT CVRF AND ITS PROGRAMS AND SERVICES AND TO RECRUIT FOR OUR COMPANY. OUTREACH HAS PRIMARY RESPONSIBILITY FOR NEW PROGRAM DEVELOPMENT, ADMINISTRATION, AND PROGRAM EXECUTION.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. CDQ ADVOCACY - EDUCATION AND AWARENESS RELATED TO CDQ PROGRAM, COMPANY EFFORTS SURROUNDING RESIDENT CONCERNS AND COMPANY INITIATIVES. THIS DEPARTMENT HAS TAKEN PRIMARY CONTROL OVER THE CVRF WEBSITE, FACEBOOK, AND OTHER PUBLIC RELATIONS EFFORTS.


PEOPLE PROPEL (PROGRAM #7): - THE PEOPLE PROPEL PROGRAM WAS CREATED TO MEET THE DEMAND OF THE OUR COMMUNITY RESIDENTS FOR SAFER, MORE FUEL EFFICIENT AND ENVIRONMENTALLY CLEANER OUTBOARDS AND BOATS. THE PEOPLE PROPEL PROGRAM ALSO ASSISTS CVRF RESIDENTS IN BUYING OTHER EQUIPMENT NECESSARY FOR LIFE IN A SMALL COASTAL COMMUNITY. IN 2018, PEOPLE PROPEL BEGAN PROVIDING DOWN-PAYMENT ASSISTANCE FOR COMMUNITY HOME CONSTRUCTION AND MAJOR HOME IMPROVEMENTS. UNDER THIS PROGRAM, CVRF PROVIDES A SUBSIDY IN THE AMOUNT OF 30% OF THE ASSET COST, WITH THE RESIDENT RESPONSIBLE FOR THE REMAINING 70%.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Alexie Steven
Board Member
$1,700
Beebe Carlie
Board Member
$22,800
Chuckwuk George
Board Member
$22,800
Dull Clarence
Board Member (thru 12/22)
$20,400
Hunter Larson
President/board Member
$60,000
Ivon Jerry
Board Member
$20,400

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nakamura (Usa) Inc
Shipping
$3,608,281
Coastal Transportation Inc
Shipping
$2,224,956
Pacific Fisherman
Repair And Maintenance
$1,121,855
Kloosterboer International Forwarding Ll
Cold Storage
$751,646
Petro Star
Loading & Offloading Services
$660,050
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $498,576
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$498,576
Total Program Service Revenue$5,669,986
Investment income $147,732
Tax Exempt Bond Proceeds $0
Royalties $5,128,972
Net Rental Income $113,072
Net Gain/Loss on Asset Sales $167,721
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $44,181,650
Miscellaneous Revenue$0
Total Revenue $59,440,562

Grants Awarded

Over the last fiscal year, Coastal Villages Region Fund has awarded $813,807 in support to 11 organizations.

Grant RecipientAmount

CQS1 LLC

PURPOSE: COMMUNITY DEVELOPMENT

$237,000

CQS4 LLC

PURPOSE: COMMUNITY DEVELOPMENT

$178,000

CQS3 LLC

PURPOSE: COMMUNITY DEVELOPMENT

$139,000

BERING SEA FISHERMEN'S ASSOCIATION

PURPOSE: COMMUNITY DEVELOPMENT

$27,000

CQS2 LLC

PURPOSE: COMMUNITY DEVELOPMENT

$133,000

ALASKA SCHOOL ACTIVITIES ASSOCIATION INC

PURPOSE: COMMUNITY DEVELOPMENT

$22,808
View Grant Profile

Peer Organizations

Organization NameAssets
Coastal Villages Region Fund
Anchorage, AK
$59,440,562
Friends Of Seattle Waterfront
Seattle, WA
$40,720,932
Rural Alaska Community Action Program Inc
Anchorage, AK
$31,262,715
Metropolitan Development Council
Tacoma, WA
$25,927,939
Aleutian-Pribilof Islands
Anchorage, AK
$29,404,378
Association Of Washington Cities
Olympia, WA
$16,880,914
Yakima County Development Association
Yakima, WA
$12,280,886
Southeast Effective Development
Seattle, WA
$7,345,501
Thurston County Economic Development Council
Lacey, WA
$8,399,812
Native Movement
Fairbanks, AK
$5,700,406
Evergreen Business Capital
Seattle, WA
$5,839,619
Seashare
Bainbridge Island, WA
$5,981,309
Community Choice
East Wenatchee, WA
$4,850,634
Community Frameworks
Spokane, WA
$4,618,935
Downtown Seattle Association
Seattle, WA
$3,940,946
Interim Community Development Association
Seattle, WA
$5,473,546
Teamchild
Seattle, WA
$4,650,731
Rainier Beach Community Empowerment
Seattle, WA
$3,563,589
Pike Place Market Foundation
Seattle, WA
$2,975,335
Tacoma Regional Convention & Visitior Bureau
Tacoma, WA
$3,584,337
Alaska Community Development Corp
Palmer, AK
$3,112,743
International District Merchants Parking Association
Seattle, WA
$3,166,750
First Alaskans Institute
Anchorage, AK
$2,870,082
Pacific Northwest Economic Region Foundation
Seattle, WA
$2,860,471
Safe And Fear-Free Environment
Dillingham, AK
$3,023,462

Create an account to unlock the data you need.

or