Alaska Housing Development Corporation

Organization Overview

Alaska Housing Development Corporation is located in Juneau, AK. The organization was established in 1972. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 04/2022, Alaska Housing Development Corporation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Housing Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 04/2022, Alaska Housing Development Corporation generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.9m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ALASKA HOUSING DEVELOPMENT CORPORATION OPERATES AFFORDABLE APARTMENTS TO PROVIDE AFFORDABLE HOUSING TO LOW/ MEDIUM/MODERATE INCOME FAMILIES AND THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATIONS EXEMPT PURPOSE IS TO PROVIDE AFFORDABLE HOUSING TO PERSONS WITH LOW TO MODERATE INCOMES.


HOUSING ASSISTANCE PROGRAM - GRANT PASS-THROUGH FROM GASTINEAU HUMAN SERVICES TO PROVIDE FUNDS FOR SECURITY DEPOSITS AND EVICTION PREVENTION TO LOW-INCOME HOUSEHOLDS IN JUNEAU.


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Board, Officers & Key Employees

Name (title)Compensation
Tamara Rowcroft
Executive Director
$128,175
Stephen Sorensen
President
$0
Minerva Mac Carandang
Vice President
$0
Cynthia Gleason
Treasurer
$0
Mary Bernadette Blankenship
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$101,085
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$101,085
Total Program Service Revenue$1,790,190
Investment income $20
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,940,857

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Alaska Housing Development Corporation has recieved totaling $103,190.

Awarding OrganizationAmount
Gastineau Human Services Corp

Juneau, AK

PURPOSE: HOMELESS ASSISTANCE:

$103,190
View Grant Recipient Profile

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