Overview
What is Bristol Bay Regional Seafood Development Association Inc?
The Bristol Bay Regional Seafood Development Association Inc, based in Anchorage, Alaska, is a nonprofit organization dedicated to maximizing the value of the Bristol Bay fishery for its members. By focusing on the economic wellbeing of its members, supporting a sustainable commercial fishery, and providing the highest quality wild salmon products, BBRSDA aims to make a significant impact. In the recent period from January 1, 2022, to January 31, 2022, they invested in marketing and promotion projects totaling $1,058,860. These efforts expanded the reach of the BBSS brand, boosted presence in domestic retail and foodservice markets, and strategized global expansion. BBRSDA collaborated with 22 retailers, organized in-store promotions, and participated in industry events and conferences to boost visibility. With a team of 4 employees, they added digital assets, managed a consumer-facing website, and commissioned market and consumer reports. Through these initiatives, BBRSDA continues to effectively represent and promote the interests of its members and the Bristol Bay fishery.
Official website here: www.bbrsda.com
Is Bristol Bay Regional Seafood Development Association Inc legitimate?
Bristol Bay Regional Seafood Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bristol Bay Regional Seafood Development Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $172,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $245,739
For more financial information, click here
Official website here: www.bbrsda.com
What is the mission statement of Bristol Bay Regional Seafood Development Association Inc?
The Bristol Bay Regional Seafood Development Association Inc is dedicated to maximizing the value of the fishery for its members by focusing on their economic wellbeing and supporting a sustainable commercial fishery. They prioritize providing the highest quality wild salmon products to consumers. From January 1, 2022 to January 31, 2022, they executed marketing efforts to expand the reach of their brand in domestic retail and foodservice markets, as well as globally. They organized in-store promotions, attended trade shows and industry conferences, and commissioned market and consumer reports. The association also added digital assets to their online media library and created new video and photography assets to showcase their product. Through these initiatives, they aimed to increase awareness and demand for their wild salmon products.
Official website here: www.bbrsda.com
Who is the CEO of Bristol Bay Regional Seafood Development Association Inc?
Andy Wink is the Executive Director of Bristol Bay Regional Seafood Development Association Inc.
Official website here: www.bbrsda.com
What is the revenue of Bristol Bay Regional Seafood Development Association Inc?
Bristol Bay Regional Seafood Development Association Inc's revenue in 2022 was $3,044,231.
Official website here: www.bbrsda.com
Who are the executives of Bristol Bay Regional Seafood Development Association Inc and what are their salaries?
The average compensation at Bristol Bay Regional Seafood Development Association Inc during 2022 was $104,572. There are 4 employees and 10 volunteers at Bristol Bay Regional Seafood Development Association Inc.
Here are 13 key members and their salaries:
- Compensation: $172,550
- Related: $0
- Other: $8,500
- Compensation: $108,160
- Related: $0
- Other: $3,483
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $4,700
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $7,600
- Related: $0
- Other: $0
- Compensation: $6,300
- Related: $0
- Other: $0
- Compensation: $4,300
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $1,300
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
Official website here: www.bbrsda.com
Where can I find the form 990 for Bristol Bay Regional Seafood Development Association Inc?
Bristol Bay Regional Seafood Development Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bbrsda.com
Learn more at the official website: www.bbrsda.com
Mission Statement of Bristol Bay Regional Seafood Development Association Inc
The Bristol Bay Regional Seafood Development Association Inc is dedicated to maximizing the value of the Bristol Bay fishery for its members. This mission is achieved by focusing on the economic wellbeing of the Association's members, supporting a sustainable commercial fishery, and providing the highest quality wild salmon products.
To execute this mission, the Association conducts marketing and promotion efforts. Between January 1, 2022, and January 31, 2022, the Association supported projects that raised consumer awareness of Bristol Bay sockeye salmon in the marketplace and boosted branded marketing initiatives. These projects included funding for expanding the BBSS brand reach, promoting BBSS in the domestic retail and foodservice markets, and strategizing to expand its global presence. The Association also formed marketing partnerships with 22 retailers and organized in-store BBSS promotions at over 5,000 retail locations. Furthermore, the Association attended four trade shows and two industry conferences, sponsored and participated in three marketing events, and added digital assets to its online media library.
The Association's marketing committee met regularly to support these marketing programs, and over 300 contacts were subscribed to its quarterly newsletters. The Association also released five press releases, including news about record-breaking harvests, fresh Bristol Bay sockeye promotions, and the presence of BBSS at various events. The Association's marketing efforts were complemented by the creation of new video and photography assets showcasing the fishery and product attributes of Bristol Bay sockeye salmon.
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Impact
October, 2024
Bristol Bay Regional Seafood Development Association Inc significantly enhances the economic viability and sustainability of the Bristol Bay fishery. By prioritizing the economic wellbeing of its members, the organization focuses on maximizing the market value of Bristol Bay sockeye salmon, a vital resource for many local communities.
In 2022, BBRSDA invested over $1 million in marketing projects aimed at increasing consumer awareness and expanding the reach of Bristol Bay sockeye salmon. This included funding marketing initiatives across more than 5,000 retail locations and forming partnerships with 22 retailers to bolster brand visibility in both domestic and global markets. By organizing in-store promotions, creating promotional materials, and engaging with customers through a robust social media presence, BBRSDA successfully enhanced the market profile of Bristol Bay products.
The impact is further demonstrated through active participation in industry trade shows and conferences, allowing BBRSDA to represent the interests of its members and showcase Bristol Bay's premium seafood offerings. Additionally, the association collects and shares valuable market and consumer insights, which support strategic decisions for its members.
By advocating for sustainable fishing practices and improving the quality and perception of Bristol Bay sockeye salmon, the Bristol Bay Regional Seafood Development Association Inc plays a crucial role in supporting the long-term health of the region's fishing industry and the livelihoods of its stakeholders.
This information is meant to be a general summary of Bristol Bay Regional Seafood Development Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $71,474
- Gross Receipts: $3,044,231
Assets and Liabilities:
- Total Assets: $4,589,183
- Total Liabilities: $353,873
- Net Assets: $4,235,310
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Organization Details
Founding Year
2005
Phone
(907) 677-2371Principal Officer
Andy Wink
Main Address
3705 ARCTIC BLVD 1188, ANCHORAGE, AK, 99503
Website
www.bbrsda.comNTEE Category
Code: D013 - Animals
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