Central Bering Sea Fishermen's Association

Nonprofit profile at a glance

EIN
920142892
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
St Paul Island, AK, USA
Phone
9075462597
Rating
55
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$25,702,967
Expenses
$10,851,897
Assets
$138,798,002
Liabilities
$13,342,770

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • JEFF KAUFFMAN (CHIEF EXECUTIVE OFFICER/VP)
  • RAYMOND MELOVIDOV (PRESIDENT)

Highest reported compensation

  • JEFF KAUFFMAN (CHIEF EXECUTIVE OFFICER/VP): $656,027 total reported compensation
  • MYRON MELOVIDOV (OPERATIONS SUPERVISOR/CHAIRMAN): $448,364 total reported compensation
  • RAYMOND MELOVIDOV (PRESIDENT): $350,458 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Central bering sea fishermen's association is a not-for-profit corporation organized to represent the st. Paul island community in the community development quota (cdq) program established by the federal government in 1992. Proceeds received from the program are to be used to develop natural and human resources in the st. Paul island community and to promote educational and charitable betterment of its members.

What it reported doing in 2025

Fishing: cbsfa st. Paul fishing company, llc - this program developsinfrastructure and investments in projects that support fisheriesbased in st. Paul. Expenses related to this program are includedin cost of goods sold on part viii.170 degrees west - this program is operated to maximize theex-vessel price paid to local fishermen. 170 degrees westpurchases cdq halibut from the local fleet, then has it customprocessed through a negotiated contract with a local processor.the product is then marketed through a marketing agreement with adistributor. Net revenue is distributed to the local fleetthrough a retroactive ex-vessel price adjustment. Revenue andexpenses related to this program are included in sales ofinventory on part viii.vehicle & equipment operations - this program was formed tomanage, maintain, and operate equipment. Annually, the departmentputs in and removes the docks in the small boat harbor. Thedepartment also helps load and unload container ships that come toport. Cbsfa has acquired numerous pieces of equipment, mostnotably a manitowoc crane and a grove crane, to support itsfishing operations. Revenue and expenses related to this programare included in sales of inventory on part viii.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 82% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 84
  • Accountability: 23
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.9%; rating input score 44
  • Program expense ratio: 50.6%; rating input score 51
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 46th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 57.8%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 12.79; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 31.9%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 11th percentile among comparable filings

Details

  • Where the money goes: 43.9% of revenue deployed · 50.6% of spending went to programs
  • Governance: 0 of 9 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $5.5M in reported program spending
  • Leadership: top reported pay $656K · 19 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $7.1M reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 30 filed money-flow records
  • Related organizations: 21 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.