Overview
What is Bristol Bay Science & Research Institute?
Bristol Bay Science & Research Institute is a nonprofit organization dedicated to promoting economic and social welfare for the people of Bristol Bay. Through scientific research and management, the institute aims to ensure the sustainability of the region's renewable natural resources, with a particular focus on its fish stocks and fisheries. Their initiatives include conducting studies at test fisheries, such as Nushagak and Port Moller, collaborating with the Bristol Bay Fisheries Collaborative, conducting genetic studies at sea, and monitoring water temperatures. Additionally, they engage in technical reviews and manage projects like the Kvichak smolt program and the Nuyakuk hydro project.
Official website here: www.bbsri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Bristol Bay Science & Research Institute has achieved an overall score of 88%, primarily reflecting its strong performance in accountability and finance. The organization has successfully maintained a majority of independent board members and has effectively structured its board size. Additionally, it demonstrates solid oversight through its audit and financial management practices, ensuring proper handling of resources and minimal risk of asset diversion.
Despite these strengths, the institute does face some limitations. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are critical for promoting transparency and ethical governance. Furthermore, the absence of the tax form on the nonprofit's website could hinder public access to key financial information, potentially affecting trust.
Overall, while Bristol Bay Science & Research Institute exhibited commendable practices in many areas, addressing the gaps in its policies and enhancing public access to financial documents could further improve its accountability and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Bristol Bay Science & Research Institute legitimate?
Bristol Bay Science & Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bristol Bay Science & Research Institute 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: $157,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,618
For more financial information, click here
Official website here: www.bbsri.org
What is the mission statement of Bristol Bay Science & Research Institute?
The Bristol Bay Science & Research Institute's mission is to conduct scientific research and management to foster economic and social benefits for the local residents and communities. This institute is committed to ensuring the sustainability of the region's renewable natural resources, with a particular focus on its fish stocks and fisheries. By undertaking various programs, such as the Nushagak test fishery, and activities like the Port Moller test fishery, the institute aims to contribute significantly to the region's well-being.
Official website here: www.bbsri.org
Who is the CEO of Bristol Bay Science & Research Institute?
Jordan Head is the Principal Officer of Bristol Bay Science & Research Institute.
Official website here: www.bbsri.org
What is the revenue of Bristol Bay Science & Research Institute?
Bristol Bay Science & Research Institute's revenue in 2022 was $1,909,071.
Official website here: www.bbsri.org
Who are the executives of Bristol Bay Science & Research Institute and what are their salaries?
The average compensation at Bristol Bay Science & Research Institute during 2022 was $32,956. There are 7 employees at Bristol Bay Science & Research Institute.
Here are 8 key members and their salaries:
- Compensation: $2,083
- Related: $109,375
- Other: $0
- Compensation: $667
- Related: $30,583
- Other: $0
- Compensation: $1,167
- Related: $25,833
- Other: $0
- Compensation: $1,250
- Related: $22,000
- Other: $0
- Compensation: $1,250
- Related: $22,000
- Other: $0
- Compensation: $1,167
- Related: $19,333
- Other: $0
- Compensation: $1,250
- Related: $14,500
- Other: $0
- Compensation: $148,740
- Related: $39,392
- Other: $55,561
Official website here: www.bbsri.org
Where can I find the form 990 for Bristol Bay Science & Research Institute?
Bristol Bay Science & Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bbsri.org
Learn more at the official website: www.bbsri.org
Mission Statement of Bristol Bay Science & Research Institute
Bristol Bay Science & Research Institute is committed to undertaking scientific research and management with the primary objective of fostering economic and social benefits for the local residents and communities. The institute's mission is geared towards ensuring the sustainability of the region's renewable natural resources, particularly focusing on its fish stocks and fisheries. By engaging in these activities, Bristol Bay Science & Research Institute aims to contribute to the well-being of the region, ensuring that the natural resources can be utilized sustainably for future generations. The institute's programs and activities encompass a range of projects, such as the Nushagak test fishery, Port Moller test fishery, Bristol Bay Fisheries Collaborative, and various other initiatives, all aimed at achieving its mission.
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Impact
July, 2024
Bristol Bay Science & Research Institute's impact lies in fostering economic and social benefits for the residents and communities of Bristol Bay, ensuring the sustainability of the region's renewable natural resources. Through scientific research and management, the Institute focuses on the region's fish stocks and fisheries, conducting programs like the Nushagak test fishery and activities such as the Port Moller test fishery, Bristol Bay Fisheries Collaborative, at-sea genetics, and technical reviews. Additionally, initiatives like the Nuyakuk hydro project, Kvichak smolt research, and water temperature network further contribute to the Institute's mission of supporting the region's prosperity and environmental health.
This information is meant to be a general summary of Bristol Bay Science & Research Institute. 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: $16,274
- Program Service Revenue: $150,352
- Gross Receipts: $1,909,071
Assets and Liabilities:
- Total Assets: $1,858,384
- Total Liabilities: $207,290
- Net Assets: $1,651,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEST FISHERY PROCEEDS
Revenue
$150,352
Organization Details
Founding Year
1998
Phone
(907) 842-4370Principal Officer
Jordan Head
Main Address
PO BOX 1464, DILLINGHAM, AK, 995761464
Website
www.bbsri.orgNTEE Category
Code: U21 - Science research
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