Apicda

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APICDA is a 501 (c) (3) non-profit organization incorporated in the State of Alaska. APICDA owns one umbrella profit-making subsidiary, APICDA Joint Ventures, Inc. (AJV). AJV, in turn, has invested in several subsidiary companies. APICDA is composed of the fishermen associations representing Akutan, Atka, False Pass, Nelson Lagoon, Nikolski, and St. George. The Unalaska Native Fishermen's Association is a non-voting member of APICDA. Each of the fishermen associations has one representative on the nine member APICDA board of Directors. The other two board members represent expertise in the fishing industry and the banking industry. APICDA does not, and will not, pay dividends from any of the revenues it receives or generates. Revenues expended by APICDA generally fall into four categories: administrative (board of directors and other administrative costs), non-profit grant activities (scholarships, vocational education activities, substance abuse programs, school grants, etc.),...

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