PRINCE WILLIAM SOUND AQUACULTURE CORPORATION Charity Report

Public IRS 990 nonprofit record

PRINCE WILLIAM SOUND AQUACULTURE CORPORATION

EIN 92-0047772 · Fisheries Resources (D33)

What they do

REHABILITATION and DEVELOPMENT ACTIVITIES to CREATE and SUSTAIN VIABLE ECONOMY THROUGH NATURAL RESOURCES WHILE COMPLETING MANAGEMENT CONTRACTS WITH THE STATE of ALASKA for CONSTRUCTION and OPERATION of SALMON HATCHERIES IN FURTHERANCE of FISHERY DEVELOPMENT and MAINTENANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders44 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.01%of revenue went to mission work62.5% of expenses · Program services

$128.06spent for every $100 of revenueSpending was higher than revenue this year.

48.04%of revenue went to management and office costs37.5% of expenses

$2.53in assets for every $1 spent this yearSome assets cannot be spent right away.

11.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,731,105 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $218,841 for GEOFFREY P CLARK (CEO/GM). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,298,845

Mission workProgram services$10,640,95080.01% of revenue62.5% of expenses

ManagementOffice and general costs$6,389,00048.04% of revenue37.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$17,029,950128.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 62.5% mission · 37.5% management · 0.0% fundraisingTotal expenses: 128.06% of revenue

2023Expense mix: 56.9% mission · 43.1% management · 0.0% fundraisingTotal expenses: 95.33% of revenue

2022Expense mix: 58.8% mission · 41.2% management · 0.0% fundraisingTotal expenses: 81.51% of revenue

2021Expense mix: 63.1% mission · 36.9% management · 0.0% fundraisingTotal expenses: 70.88% of revenue

2020Expense mix: 65.2% mission · 34.8% management · 0.0% fundraisingTotal expenses: 95.93% of revenue

2019Expense mix: 65.6% mission · 34.4% management · 0.0% fundraisingTotal expenses: 91.57% of revenue

2018Expense mix: 61.8% mission · 38.2% management · 0.0% fundraisingTotal expenses: 87.43% of revenue

2017Expense mix: 62.1% mission · 37.9% management · 0.0% fundraisingTotal expenses: 87.63% of revenue

Money in and money out

Revenue$13,298,845

Expenses$17,029,950

Annual shortfall $3,731,105 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,640,950 · 62.5% of expenses

Management and office costs$6,389,000 · 37.5% of expenses

See all reported dollar amounts

Revenue$13,298,845

Expenses$17,029,950

Assets$43,046,214

Income$13,298,845

Contributions$1,467,814

Mission work (program services)$10,640,950

Management and general$6,389,000

Executive compensation (total)$147,337

Stocks and bonds$8,925,897

Accounting fees$43,394

Investing fees$45,992

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GEOFFREY P CLARKCEO/GM · 40 hrs/week $218,841Base $181,932 · Other $36,909

MARGIE C UDANI CALAUSTROFINANCE DIRE · 40 hrs/week $184,592Base $139,522 · Other $45,070

STEPHEN HILTONPRODUCTION M · 40 hrs/week $175,417Base $130,845 · Other $44,572

JIMMIE WINTERCHIEF MAINT · 40 hrs/week $150,537Base $111,588 · Other $38,949

WEBSTER BERGFORDCAP PROJECTS · 40 hrs/week $142,363Base $112,808 · Other $29,555

ELI JOHNSONCHAIRMAN · 7 hrs/week $15,000

TOM NELSONVICE CHAIR · 4 hrs/week $6,000

SHAWNA WILLIAMSSECRETARY · 4 hrs/week $6,000

TYEE LOHSETREASURER · 2 hrs/week $4,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (44)

GEOFFREY P CLARKCEO/GM

MARGIE C UDANI CALAUSTROFINANCE DIRE

STEPHEN HILTONPRODUCTION M

JIMMIE WINTERCHIEF MAINT

WEBSTER BERGFORDCAP PROJECTS

ELI JOHNSONCHAIRMAN

TOM NELSONVICE CHAIR

SHAWNA WILLIAMSSECRETARY

TYEE LOHSETREASURER

KEN ROBERSONDIRECTOR

TOMMY SHERIDANDIRECTOR

MIKE BABICDIRECTOR

MIKE MICKELSONDIRECTOR

MORGAN WILLIAMSDIRECTOR

NATHAN COOKDIRECTOR

NICHOLAS CRUMPDIRECTOR

WADE BUSCHERDIRECTOR

P TIMMY SELANOFFDIRECTOR

PETE JENKINSDIRECTOR

REGAN MANNDIRECTOR

ROBERT LINVILLEDIRECTOR

RYAN ROGERSDIRECTOR

SCOTT BLAKEDIRECTOR

TONI GODESDIRECTOR

DON STEVENSDIRECTOR

ANGELA TOTEMOFFDIRECTOR

ASHLEY CHRISTENSENDIRECTOR

BEN BEHANDIRECTOR

BILL CRAIGDIRECTOR

BRET BRADFORDDIRECTOR

CHELSEA HAISMANDIRECTOR

CHRIS GORDONDIRECTOR

DARIN GILMANDIRECTOR

DEANA IRISHDIRECTOR

MAKENA OTOOLEDIRECTOR

EZEKIEL BROWNDIRECTOR

HAYLEY HOOVERDIRECTOR

IAN MCCALLUMDIRECTOR

JAROSLAV HANAKDIRECTOR

JOHN PLATTDIRECTOR

JOHN WHISSELDIRECTOR

JON NICHOLSDIRECTOR

JUSTIN RYANDIRECTOR

AMANDA BAUERDIRECTOR

About this charity

Recognized since: January 1975
Location: PO BOX 1110, CORDOVA, AK 99574-1110
County: Valdez-Cordova (CA)
In care of: % MARGIE UDANI-CALAUSTRO
Primary officer: GEOFFREY P CLARK, CEO/GM

How to reach them

WebsiteVisit the charity’s website Phone(907) 424-7511

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: PORTER & ALLISON INC
NTEE classification: Fisheries Resources (D33)
IRS tax category: Fisheries Resources