2026-04-08T12:04:33-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 2700 CAMINO RAMON STE 350 SAN RAMON CA 945835004 990 2024-07-01 812761910 KLAMATH RIVER RENEWAL CORPORATION KLAM 5105605079 2001 ADDISON ST 3RD FLOOR BERKELEY CA 94704 LAURA HAZLETT COO/CFO 5105605079 2026-04-07 1 1 KATY BROWN P00650274 9257902600 2026-03-27 2024 2025-03-06 01:10:19Z MARK BRANSOM 2001 ADDISON ST 3RD FLOOR BERKELEY CA 94704 49804763 0 X HTTP://WWW.KLAMATHRENEWAL.ORG/ X 2016 CA THE MISSION OF THE KLAMATH RIVER RENEWAL CORPORATION (KRRC) IS TO RESTORE (CONTINUED ON SCHEDULE O) THE KLAMATH RIVER AND REESTABLISH ITS NATURAL VITALITY SO THAT IT CAN SUPPORT ALL COMMUNITIES IN THE REGION. 14 14 6 17 0 0 190917572 47363482 0 0 4613627 2441281 0 0 195531199 49804763 0 0 0 0 1506803 1674368 0 0 5932 211283442 70646966 212790245 72321334 -17259046 -22516571 103633627 59140889 24977798 2984342 78655829 56156547 X KRRC'S MISSION IS TO IMPLEMENT THE KLAMATH HYDROELECTRIC SETTLEMENT AGREEMENT BY REMOVING FOUR HYDROELECTRIC DAMS ON THE KLAMATH RIVER, RESTORING SURROUNDING LANDS, AND IMPLEMENTING REQUIRED MITIGATION MEASURES. (CONTINUED ON SCHEDULE O)AS OF JUNE 30, 2025, THE CORPORATION WAS IN PHASE III UNDER THE OPUC/CPUC AGREEMENT AND PHASE II UNDER THE CNRA AGREEMENT. THE CORPORATION COMPLETED DAM REMOVAL DURING OCTOBER 2024, IS ON TRACK TO COMPLETE RESTORATION IMPLEMENTATION IN 2025, AND WILL CONTINUE INTO A MONITORING AND MAINTENANCE PHASE IN 2026 AND BEYOND. 0 0 71250137 KIEWIT, THE CONSTRUCTION COMPANY, BREACHED THE J.C. BOYLE COFFERDAM IN JULY 2024, RESTORING THE HISTORIC RIVER CHANNEL; THEY BREACHED THE IRON GATE AND COPCO NO. 1 COFFERDAMS IN LATE AUGUST, ALLOWING FOR FREE-FLOWING RIVER CONDITIONS ON THE KLAMATH RIVER FOR THE FIRST TIME IN OVER 100 YEARS. THE FINAL COFFERDAM REMOVAL AT J.C. BOYLE WAS COMPLETED IN LATE JULY AND THE COFFERDAMS AT IRON GATE AND COPCO NO. 1 WERE REMOVED IN LATE SEPTEMBER. ONCE THEY COMPLETED ALL DECONSTRUCTION ACTIVITIES THEY DEMOBILIZED FROM THE SITE.IN JANUARY 2025, KRRC SUBMITTED THE FINAL CONSTRUCTION REPORT TO FERC, INCLUDING A FINAL CONCURRENCE LETTER FROM THE INDEPENDENT BOARD OF CONSULTANTS (BOC), MARKING THE END OF THE (CONTINUED ON SCHEDULE O) DECONSTRUCTION PHASE AND FULFILLING OUR DAM SAFETY REQUIREMENTS AND COMMITMENTS.RESTORATION ACTIVITIES CONTINUED THROUGHOUT THE FISCAL YEAR, INCLUDING VEGETATION RESTORATION, CAPPING OF THE DISPOSAL SITES AND LAYDOWN AREAS, HYDROSEEDING AND HYDROMULCHING OF THE POWER CANAL AND POWERHOUSE AREAS, FINAL GRADING OF THE ACCESS ROADS, SEEDBED PREPARATIONS IN THE PREVIOUS RESERVOIR FOOTPRINTS, AND FALL PLANTINGS AND SEEDING. SPAWNING HABITAT AND FISH PASSAGES SURVEYS CONTINUED, AND WATER QUALITY MONITORING ALSO CONTINUED.MCMILLEN CREWS MOBILIZED AT THE CALIFORNIA RECREATION ACCESS SITES IN MARCH 2025 AND BEGAN SITE PREPARATION WORK AT THE IRON GATE, FALL CREEK, AND GRIZZLY HILL RECREATION ACCESS SITES. FOUR OF THE FIVE SITES (ALL OTHER THAN MOONSHINE FALLS) OPENED IN A LIMITED CAPACITY AS OF MAY 15, 2025.IN MID-APRIL, KRRC SUBMITTED ITS COMPREHENSIVE FEDERAL ENERGY REGULATORY COMMISSION (FERC) ANNUAL COMPLIANCE REPORT, DESCRIBING MANAGEMENT PLAN MEASURES IMPLEMENTED IN 2024.IN EARLY MAY, KRRC SUBMITTED AN UPDATE TO THE PUBLIC SAFETY PLAN AND THE RECREATION FACILITIES PLAN TO FERC DESCRIBING SAFETY MEASURES FOR THE NEW RECREATION SITES AND NEWLY OPENED RIVER REACHES AND THE PUBLIC OPENING SCHEDULE FOR THE SITES. IN MID-MAY, KRRC INITIATED WORK ON THE RECREATION ACCESS SITES AS REQUIRED IN THE RECREATION MANAGEMENT PLAN. THE PIONEER PARK WEST, K'UTRAWXU (OR GRIZZLY HILL), K'ASAS (OR FALL CREEK), AND IRON GATE RECREATION ACCESS SITES OPENED AS SCHEDULED WITH SPECIFIC HOURS AND LIMITED AMENITIES (LIMITED RIVER ACCESS, LIMITED PARKING, PORT-A-POTTIES, NO SEATING AREAS). KRRC COORDINATED CLOSELY WITH THE STATES AND RECREATION OUTFITTERS TO SHARE PUBLIC INFORMATION ABOUT THE SITE OPENINGS AND SAFETY CONSIDERATIONS AND COORDINATED CLOSELY WITH THE SHASTA INDIAN NATION ON CULTURAL CONSIDERATIONS DURING CONSTRUCTION AND THE LIMITED OPENINGS.IN JUNE 2025, RESOURCE ENVIRONMENTAL SOLUTIONS (RES) BEGAN THIS YEAR'S RESTORATION CONSTRUCTION WORK ON THE HIGH PRIORITY TRIBUTARIES IN CALIFORNIA (BEAVER CREEK, SCOTCH CREEK, CAMP CREEK, AND JENNY CREEK). THIS WORK INCLUDED THE MOVEMENT OF EARTH, ROCKS, AND TIMBER TO SUPPORT RESTORING THE TRIBUTARY CONNECTIONS IN THE FORMERLY INUNDATED RIVER REACHES TO ENSURE UPSTREAM FISH PASSAGE AND TO IMPROVE HABITAT FOR FISH SPAWNING AND REARING OF YOUNG. CONSTRUCTION ACTIVITIES ON THE TRIBUTARIES WILL CONTINUE THROUGH THE SUMMER. 71250137 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA OR X LAURA HAZLETT 5105605079 2001 ADDISON ST 3RD FLOOR BERKELEY CA 94704 KRYSTYNA WOLNIAKOWSKI PRESIDENT 7.00 X X 0 0 0 WENDY FERRIS VICE PRESIDENT 7.00 X X 0 0 0 KRISTIN PEER SECRETARY/TREASURER 7.00 X X 0 0 0 NATALIE ARROYO DIRECTOR 3.00 X 0 0 0 RICARDO CANO DIRECTOR 3.00 X 0 0 0 MICHAEL CARRIER DIRECTOR 3.00 X 0 0 0 AMY CORDALIS DIRECTOR 3.00 X 0 0 0 LAURA ROSE DAY DIRECTOR 3.00 X 0 0 0 BRIAN JOHNSON DIRECTOR 3.00 X 0 0 0 GOV THEODORE KULONGOSKI DIRECTOR 3.00 X 0 0 0 JAMES ROOT DIRECTOR 3.00 X 0 0 0 LESTER SNOW DIRECTOR 3.00 X 0 0 0 GLEN SPAIN DIRECTOR 3.00 X 0 0 0 LEON SZEPTYCKI DIRECTOR 3.00 X 0 0 0 MARK BRANSOM CEO 40.00 X 419384 0 78879 LAURA HAZLETT COO/CFO 40.00 X 390870 0 65379 KRISTIN SILVA CONTROLLER 40.00 X 147493 0 15493 OLIVIA MAHONY MANAGER, BOARD & SPECIAL PROJECTS 40.00 X 140102 0 22161 1097849 0 181912 4 0 1 0 KIEWIT INFRASTRUCTURE WEST CO 3555 FARNAM ST OMAHA NE 68131 CONSTRUCTION-DESIGN & BUILD 122639955 RESOURCE ENVIRONMENTAL SOLUTIONS LLC 412 NTH ST SUITE 300 BATON ROUGE LA 70802 ENVIRONMENTAL RESTORATION 14769999 MCMILLEN INC 1471 SHORELINE DR SUITE 100 BOISE ID 83702 OWNER'S REPRESENTATIVE 6412462 AECOM TECHNICAL SERVICES 1178 PAYSPHERE CIRCLE CHICAGO IL 60674 TECHNICAL REPRESENTATIVE 2000626 CUSTOM CRUSHING INDUSTRIES INC 2409 E OBERLIN RD YREKA CA 96097 OTHER CONTRACT WORK 1083908 12 33659470 13704012 47363482 2441281 2441281 49804763 0 0 2441281 X 1038154 873402 164752 465655 461487 4168 46675 46315 360 51711 51305 406 72173 29883 42068 222 322590 199483 123107 58965 58965 63057791 63018223 39568 11524 11524 67743 4017 63401 325 19369 5037 13881 451 833337 833337 RISK MANAGEMENT 6272384 6271968 416 BOARD OF CONSULTANTS 3263 3263 72321334 71250137 1065265 5932 904459 2667713 94813702 48704834 370665 5960422 2450670 1722700 73564 73764 73564 5008711 11656 11656 103633627 59140889 24977798 2984342 24977798 2984342 X 6541342 7288600 72114487 48867947 78655829 56156547 103633627 59140889 -22516571 17289 0 X 0 1 X 1 0 X 42420081 22835262 102689402 190917572 47363482 406225799 42420081 22835262 102689402 190917572 47363482 406225799 406225799 117028 87177 2145958 4613627 2441281 9405071 153 153 415631023 0.97740 0.97990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2022 AMOUNT: $ 153. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73564 73564 73564 X 49849552 17289 27500 44789 49804763 0 49804763 72348834 27500 27500 72321334 0 72321334 PART X, LINE 2: THE CORPORATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701D OF THE CALIFORNIA REVENUE TAXATION CODE, RESPECTIVELY. THE CORPORATION RECOGNIZES THE EFFECTS OF ITS INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE CORPORATION HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THE CORPORATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. X X X X X X 0 0 0 0 0 0 0 0 0 MARK BRANSOM CEO 412095 0 0 0 7289 0 33800 0 45079 0 498263 0 0 0 LAURA HAZLETT COO/CFO 340046 0 49602 0 1222 0 33800 0 31579 0 456249 0 0 0 KRISTIN SILVA CONTROLLER 142603 0 0 0 4890 0 14748 0 745 0 162986 0 0 0 OLIVIA MAHONY MANAGER, BOARD & SPECIAL PROJECTS 138833 0 0 0 1269 0 12067 0 10094 0 162263 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A AUTHORITY IS GRANTED TO THE EXECUTIVE COMMITTEE TO MAKE DECISIONS REQUIRING BOARD APPROVAL BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE DOCUMENTS ITS DECISIONS VIA MEETING MINUTES. FORM 990, PART VI, SECTION A, LINE 7A THE KLAMATH RIVER RENEWAL CORPORATION'S BOARD OF DIRECTORS IS COMPOSED OF UP TO 15 MEMBERS AS FOLLOWS, APPOINTED BY SIGNATORIES OF THE AMENDED KLAMATH HYDROELECTRIC SETTLEMENT AGREEMENT: UP TO FIVE MEMBERS APPOINTED BY THE GOVERNOR OF CALIFORNIA; UP TO FOUR MEMBERS APPOINTED BY THE GOVERNOR OF OREGON; ONE MEMBER APPOINTED BY THE KARUK TRIBE; ONE MEMBER APPOINTED BY THE YUROK TRIBE; TWO MEMBERS APPOINTED COLLECTIVELY BY CONSERVATION GROUPS (AMERICAN RIVERS, CALIFORNIA TROUT, KLAMATH RIVERKEEPER, NORTHERN CALIFORNIA COUNCIL FEDERATION OF FLY FISHERS, SALMON RIVER RESTORATION COUNCIL, SUSTAINABLE NORTHWEST, AND TROUT UNLIMITED); AND ONE MEMBER APPOINTED BY BOTH THE INSTITUTE FOR FISHERIES RESOURCES AND THE PACIFIC COAST FEDERATION OF FISHERMEN'S ASSOCIATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE WILL REVIEW THE DRAFT 990 PRIOR TO SENDING IT TO THE BOARD FOR REVIEW. THE FULL BOARD OF DIRECTORS THEN REVIEWS THE DRAFT 990 FORMS PRIOR TO FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS ENFORCED IN TWO MANNERS: FORMS ARE REVIEWED AND SIGNED ANNUALLY, AND THE POLICY REQUIRES THAT ANY POTENTIAL CONFLICTS OF INTEREST ARE CONTEMPORANEOUSLY BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS. AT SUCH TIME AS ANY MATTER COMES BEFORE THE BOARD WHICH INVOLVES OR MAY INVOLVE A CONFLICT OF INTEREST, THE AFFECTED DIRECTOR SHALL MAKE KNOWN THE POTENTIAL CONFLICT, WHETHER DISCLOSED BY HIS OR HER WRITTEN STATEMENT OR NOT. SUCH DIRECTOR SHALL ANSWER ANY QUESTIONS THAT MIGHT BE ASKED OF HIM OR HER AND SHALL DISCLOSE ALL MATERIAL FACTS. AT THE REQUEST OF THE PRESIDENT, OR THE REQUEST OF THE VICE-PRESIDENT IF THE DIRECTOR WITH A CONFLICT IS THE PRESIDENT, SUCH DIRECTOR SHALL WITHDRAW FROM THE MEETING FOR SO LONG AS THE MATTER SHALL CONTINUE UNDER DISCUSSION. IF BY WITHDRAWING THERE IS NO LONGER A QUORUM, CONSIDERATION OF THE MATTER SHALL BE RESCHEDULED UNTIL SUCH TIME WHEN THERE IS A QUORUM DESPITE THE WITHDRAWN DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 A BOARD SUBCOMMITEE, COMPOSED OF FIVE MEMBERS, INCLUDING THE OFFICERS, REVIEW AND APPROVE ANY SALARY ADJUSTMENTS FOR THE CEO. ADDITIONALLY, A COMPENSATION STUDY IS PREFORMED ON A REGULAR BASIS. THE MOST RECENT STUDY WAS PERFORMED DURING 2024. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL INFORMATION ARE AVAILABLE ON KRRC'S WEBSITE. FORM 990, PART IX, LINE 11G OWNERS REPRESENTATION: PROGRAM SERVICE EXPENSES 2,706,753. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,706,753. PRIME CONTRACTORS: PROGRAM SERVICE EXPENSES 47,563,282. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,563,282. AGENCY AND PERMITTING FEES: PROGRAM SERVICE EXPENSES 8,219,047. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,219,047. PRE-CONSTRUCTION FIELDWORK: PROGRAM SERVICE EXPENSES 2,378,335. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,378,335. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,150,806. MANAGEMENT AND GENERAL EXPENSES 39,568. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,190,374.