Central Bering Sea Fishermen'S

“Shiona melovidov and raymond melovidov are the children of myron melovidov.”

“Central bering sea fishermen's association is organized as an association with members. The members elect the members of the governing body.”

“An election is held at the cbsfa annual meeting. All members in attendance of the meeting are eligible to vote. Directors serve staggered three year terms, resulting in three seats on the board being up for election each year.”

“Various employees are involved in information gathering for the tax return. The tax return is prepared and reviewed by an outside accounting firm. The cfo and senior accountant review the draft return and provide input before it is finalized. The cfo signs the final return prior to filing with the irs.”

“All employees are covered by the conflict of interest policy, and are made aware of the policy when hired. Each individual is responsible for disclosing affiliations that are covered by the policy. Any potential conflicts are raised to the president and reviewed by the board.”

“A. The process for determining compensation of the ceo/executive director: the board appoints a compensation committee comprised of directors to review the performance of the entity. The compensation review process includes the use of comparability data from the state of alaska department of labor. The committee's recommendation is ratified by the full board, and is documented in the board minutes. This process was last undertaken in february 2024. B. The process for determining compensation of other key employees: full time employees undergo an evaluation process with management. Management presents the evaluations and makes recommendations to the compensation committee. The committee deliberates, using comparability data from the state of alaska department of labor, and develops compensation recommendations that are presented to and ratified by the full board. The deliberations and decisions are documented in the board minutes. This process was last undertaken in february 2024.”

“Requests to review the organization's governing instruments, conflict of interest policy, and financial statements will be reviewed on a case by case basis. These documents may be made available upon request.”

“Board members listed in part vii, section a, may receive compensation for their duties as directors. This compensation is determined based on the organization's compensation policy and is intended to reflect the time and expertise contributed by the board members. Additionally, some board members may receive compensation for other roles and responsibilities within the organization. The compensation that is reported for john ricardo merculief is due to his role as a fisherman for the organization's subsidiary, 170 degrees west.”

“Partnership income -5,397,387. Equity in earnings of cbsfc -51,094. Impairment of fishing and processing rights -4,932,160. Distributions and redemptions -387,000.”