Coastal Villages Region Fund is a 501(c)(4) organization based in Anchorage, Alaska, registered in 1996, with $54,734,677 in FY2024 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
Revenue (FY2024)
$54.7M
▲ 6.3% vs prior year
Community median: $184K
Expenses (FY2024)
$55.7M
Net assets
$285.0M
Employees
1,037
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Coastal Villages Region Fund: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Coastal Villages Region Fund: 61 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Coastal Villages Region Fund: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Coastal Villages Region Fund: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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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.
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 serives and to recruit of our company. outreach has primary responsibility for new program development, administration, and program execution.
People propel (program #7): - the people propel program wa screated to meet the demand of 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%.
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.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.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-paymentassistance, to provide consultation and coordination with housing lenders, bia and other low-income housing program providers. affordable housing units will be sold to qualifying commu
Revenue grew from $27.4M (FY2013) to $54.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.7%
Spent more than it raised in the latest fiscal year.
Total assets
$340.0M
Total liabilities
$55.0M
Net assets
$285.0M
Salaries & benefits
$13.6M
24% of expenses
Board members
20
6 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,734,677▲6.3% | $55,682,278▼2.6% | $284,990,504▼1.0% | $340,025,647▼0.4% | 990 |
| 2023 | $51,512,548▼13.3% | $57,190,559▲3.8% | $287,999,451▼4.8% | $341,236,488▲9.1% | 990 |
| 2022 | $59,440,562▼16.7% | $55,114,532▲9.2% | $302,615,039▲0.6% | $312,663,565▲2.2% | 990 |
| 2021 | $71,340,049▲14.8% | $50,485,344▲0.6% | $300,759,625▲6.3% | $305,962,388▲6.2% | 990 |
| 2020 | $62,157,457▲14.2% | $50,176,336▼3.7% | $283,004,565▲3.4% | $288,198,249▲3.1% | 990 |
| 2019 | $54,429,639▼10.7% | $52,101,278▲7.8% | $273,620,866▼0.3% | $279,538,013 | 990 |
| 2018 | $60,962,503▲143% | $48,350,035▲94.1% | $274,436,706▲3.1% | $279,558,081▼8.0% | 990 |
| 2017 | $25,111,181▼25.0% | $24,903,794▲1.1% | $266,164,959▼1.4% | $303,990,629▼0.1% | 990 |
| 2016 | $33,492,104▲1.9% | $24,625,609▼16.6% | $269,830,812▲5.0% | $304,229,271▼1.6% | 990 |
| 2015 | $32,853,263▲0.5% | $29,539,068▲15.8% | $257,091,081▼0.6% | $309,302,385▼1.6% | 990 |
| 2014 | $32,674,316▲19.3% | $25,517,047▼12.1% | $258,681,641▲1.1% | $314,191,393▲2.7% | 990 |
| 2013 | $27,377,101 | $29,046,051▼11.1% | $255,795,069▼1.9% | $305,929,884▼5.1% | 990 |
| 2012 | — | $32,674,764▲58.3% | $260,790,142▲1.0% | $322,478,451▲5.4% | 990 |
| 2011 | — | $20,646,146▼40.8% | $258,109,899▲3.7% | $305,947,772▲2.8% | 990 |
| 2010 | — | $34,882,421 | $248,870,487 | $297,579,601 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Deakin Eric — $403,464 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Deakin Eric | Chief Executive Officer | 39 | $403,464 |
| Drew Michelle | Chief Financial Officer | 39 | $329,725 |
| Coleman Michael | Bering Sea Operations Gm | 40 | $316,483 |
| Espinoza Jorge | Chief Engineer | 40 | $299,752 |
| Harrell Christopher | General Counsel | 40 | $286,738 |
| Velasco Sauveur | Captain | 40 | $270,332 |
| Egaas James | Captain | 40 | $268,807 |
| Rummery John | General Manager | 39 | $246,163 |
| Souza Nicholas | Director of Sales & Marketing | 40 | $244,907 |
| Rosenberger Lorena | Logistics Manager | 40 | $236,874 |
| Diaz-diaz Francisco | First Mate | 40 | $234,682 |
| Strandberg Fariba | Director of Finance | 40 | $230,375 |
| Hindermann Thomas | Chief Engineer | 40 | $224,030 |
| Tsukada Ryuichi | Chief Operations Officer | 32 | $212,610 |
| Zuniga Aguero Ruben | Baader Technician-lead | 40 | $202,734 |
| Jornadal Nino | Factory Technician | 40 | $188,568 |
| Reines John | Chief Engineer | 40 | $162,657 |
| Hunter Larson | Board Member, President | 2.75 | $107,125 |
| Jung Richard | Board Member, Vice President | 2.75 | $45,175 |
| Samuel John | Board Member, Secretary | 2.75 | $31,975 |
| Contractor | Services | Paid |
|---|---|---|
| Nakamura (USA) Inc | Shipping | $4,793,894 |
| Petro Star Inc | Offloading Service | $3,745,718 |
| Coastal Transportation Inc | Shipping | $2,250,401 |
| Fls DBA Kloosterboer International Forwa | Shipping | $481,953 |
| Union Pacific Railroad Co | Shipping | $429,361 |
6 grants totaling $426K in FY2024. All grants made by Coastal Villages Region Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Cqs1 LLC | Community development | $156,000 |
| Cqs2 LLC | Community development | $84,000 |
| Cqs4 LLC | Community development | $75,000 |
| Cqs3 LLC | Community development | $73,000 |
| Seashare | Community development | $30,688 |
| Alaska School Activities Association Inc | Community development | $7,500 |
Explore more
Data for Coastal Villages Region Fund (EIN 92-0156736) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.