Mission
To raise and release salmon fry to guarantee the return of salmon to Port Valdez to support commercial and sport fishing under the control of the Alaska Department of Fish and Game and the PWS Management team.
Public Charity
Valdez Fisheries Development Association Inc
Based in Valdez, AK, Valdez Fisheries Development Association Inc operates as a Public Charity. The organization reported $4.8M in revenue, $4.2M in expenses, $19.4M in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $16K.
EIN: 920074473
Valdez, AK
Fisheries Resources
NTEE: D33
Latest filing: 2025
Total Revenue$4.8M
Total Expenses$4.2M
Total Assets$19.4M
Grant Records1
Funding Total$16K
Filing Years2021–2025
Where $100 goes at Valdez Fisheries Development Association Inc
How Valdez Fisheries Development Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$77
Programs
the work itself
$23
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $77 for programs
$63
Hatchery Operations
$14
Fish Processing
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Operational Support
$16,365
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
Director
Alan Sorum
Treasurer
Colleen Stephens
Vice President
Edward Day
Director
George Levasseur
Director
Hope Finley
Asst Hatchery Mgr
Mike Freerksen
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.8M | $4.2M | $19.4M |
| 2024 | $6.6M | $4.5M | $18.9M |
| 2023 | $5.7M | $4.5M | $17.1M |
| 2022 | $5.7M | $4.4M | $17.0M |
| 2021 | $6.1M | $4.6M | $17.6M |
Between 2021 and 2025, reported annual revenue declined from $6.1M to $4.8M (-21%), with total assets most recently reported at $19.4M.
Interactive year-over-year charts and full filing details available with membership.