Bristol Bay Science & Research Institute

“Prior to filing the return, a draft of the form 990 tax return will be submitted to the chief financial officer (cfo) by the tax preparer. This draft will be reviewed by the cfo and staff. The cfo will then have the executive director of bbsri as well as the president/ceo and coo of bbedc review the draft return before authorizing the tax preparer to finalize the return. A copy of the tax return will be provided to the board members upon request.”

“ENFORCEMENT OF CONFLICT OF INTEREST POLICY All board members and employees are covered by the conflict of interest policy. In any situation where there is a conflict or the appearance of conflict, or where a board member is uncertain of the possibility of a conflict, the Board Member or employee should protect himself/herself by immediately discussing the matter fully and frankly with the Chairman or, if the matter arises during a board meeting, by disclosing the matter to the full Board of Directors. The Chairman or any other board member are also encouraged to raise any issue known to them to ensure that any potential conflict is known to the Corporation and its board in a timely manner. Where there is doubt as to the existence of a conflict of interest, the situation should be fully explained in writing in advance of any board meeting. If necessary, the Chairman will appoint a three-member ad hoc committee of members of the Board of Directors to make a recommendation to the Board of Directors on the matter at the next board meeting. The committee will discuss the matter with the Corporation's General Counsel. The decision of the Board of Directors is binding. BOARD MEMBERS ARE REQUIRED TO DECLARE A CONFLICT OF INTEREST ON EACH AND EVERY VOTE THEY TAKE IF ONE EXISTS.”

“The board sets the beginning salary range for the executive director based on a local salary survey. This salary range is adjusted periodically as local salaries in the region change. Annually on the executive director's anniversary date, the board president performs an evaluation. In addition, the board president takes into consideration the board's policy of up to a 4% merit increase each year. When a new executive director is hired, contemporaneous documentation of the compensation review & approval process is recorded in the board of directors meeting minutes. This process was last undertaken in 2017.”

“Bbsri's form 990, governing document, conflict of interest policy, and financial statements are available upon request by contacting us at 1-907-842-4370 or writing to us at po box 1464, dillingham, ak 99576-1464. In addition, our form 990 is available for viewing on the website guidestar.org.”

“All of bristol bay science & research institute's board members are also members of the board of bristol bay economic development corporation, a 501(c)(4) organization, and receive compensation from this entity. Michael link is the executive director of bristol bay science & research institute and receives his compensation from bbedc.”

“Employee mailing address michael link, executive director of bbsri, can be reached at 8427 laviento drive, ste 101, anchorage, ak 99515.”

“Bristol bay science & research institute had 11 employees that were compensated by its affiliated company, bristol bay economic development corporation, an entity exempt from taxation under irc section 501(c)(4).”