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Coastal Villages Region Fund Approves $22 Million in Community Benefits at December Board Meeting

CVRF also officially seated and welcomed two new board members


ANCHORAGE, AK – On December 8 and 9, Coastal Villages Region Fund’s (CVRF) Board of Directors and staff gathered at the company’s headquarters in Anchorage to conduct its quarterly board meeting.
At the meeting, which was open to the public, the CVRF Board conducted official business, including the approval of over $22 million in community benefits for 2016. The approved funding will support a wide range of projects and programs, including scholarships, internships, an expanded youth-to-work program, funding for community projects, regional support buildings and staff, and much more. 
“The work done by CVRF is remarkable,” said CVRF’s newly elected Vice Chairman, Evan S. Evan of Goodnews Bay.   “I’ve been on the CVRF Board for 9 years and am proud of the commitment to always doing better, doing more.  This Company is a source of pride for our staff, board, and the region as a whole, and the $22 million in community benefits approved by the Board will allow us to continue carrying out our mission of creating sensible, tangible, long-term opportunities that generate hope for all CVRF residents who want to fish and work.”
In addition to the approval of community benefit spending for 2016, CVRF also officially seated and welcomed two new board members that were chosen to represent their communities during the democratic elections that were held this fall – Larson Hunter of Scammon Bay and Jeremy Tuluk of Chevak. The CVRF Board also elected new members to its executive committee –Evan Evan of Goodnews Bay was elected to serve as Vice Chairman, Darren Cleveland of Quinhagak was elected to the position of Treasurer, and John Samuel of Platinum was elected to join the executive committee as an at-large member. A full list of all democratically-elected CVRF Board members and executive committee members can be accessed here. 
“Giving region residents a voice through democratic elections for their community representatives is crucial to CVRF’s success,” said CVRF Board Chairman Richard Jung of Napakiak.  “And facilitating the Board members’ evaluation of each other through democratic elections for the executive committee is also critical to the Company’s success.  Our Board is diverse but focused on working together for the good of the region, and that makes us a strong and united Board.”
Other highlights from the December Board meeting included:
  • CVRF staff recapped another record year for wages paid to in-region employees – over $5 million in wages were paid to 872 residents. 
  • Bethel Search and Rescue thanked the CVRF Board for donating $50,000 to help with the purchase of an ROV to assist in finding lost people.  The ROV will be available for search and rescue efforts across the State of Alaska.
  • CVRF’s Community Service Representatives (CSRs) and Mechanic-Welders (MWs) from its 20 communities joined the Board for an all-staff lunch and attended a series of employee training sessions held in Anchorage.
The CVRF Board of Directors is scheduled to hold its next quarterly meeting April 19-20, 2016 in Anchorage.
CVRF is a 501(c)(4) Alaska non-profit corporation whose 20 member villages are along the west coast of Alaska from Scammon Bay to Platinum. CVRF is believed to be the largest Alaskan-owned seafood company in history and is governed by a 20-member Board of Directors elected by the residents of its 20 member communities. CVRF is dedicated to providing economic development in its 20 member communities by creating sensible, tangible and long-term opportunities that generate Hope for residents who want to Fish and Work. CVRF is the largest jobs provider in its member villages and is the first CDQ group to own and control the vessels that harvest its CDQ allocations.
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