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Alaska · Nonprofit

Alaska Corporation for Affordable Housing

Alaska Corporation for Affordable Housing (Alaska) receives grants from 1 organization whose IRS filings report $300,000 to it, the largest being RASMUSON FOUNDATION ($300,000). 0 of them have funded it in more than one year.

Revenue FY2025
$14M
Funders on record
1
Grants received
$300k
Net assets
$38M
0/1 repeat funderspeak grant-dependency 62%
01What it does

What Alaska Corporation for Affordable Housing does

Mission

The corporation's mission is to undertake the types of affordable housing and services that are not open to Alaska Housing directly, but support Alaska Housing's mission of providing affordable housing and services to individuals and groups in need.

As stated on its FY2025 Form 990.

Program

  1. A total of 106 units of affordable housing were completed in prior fiscal years. 40 units of family housing were put into operation in the current year for a total of 146 units of affordable housing in operation. Revenues and expenses are related to the development and management of the 146 units of affordable housing for low income households, as well as the development of 20 new units located in Valdez, Alaska that are expected to be ready for occupation in 2026.

    $8,955,454 spent$732,605 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,955,454.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($789k) Expenses 100 ($328k) Net assets 100 ($24M)2018 Revenue 60 ($475k) Expenses 88 ($287k) Net assets 101 ($24M)2019 Revenue 61 ($480k) Expenses 93 ($305k) Net assets 102 ($24M)2020 Revenue 264 ($2.1M) Expenses 74 ($244k) Net assets 109 ($26M)2021 Revenue 128 ($1.0M) Expenses 132 ($434k) Net assets 112 ($27M)2022 Revenue 62 ($485k) Expenses 199 ($654k) Net assets 102 ($25M)2023 Revenue 1761 ($14M) Expenses 63 ($205k) Net assets 159 ($38M)2024 Revenue 304 ($2.4M) Expenses 2300 ($7.5M) Net assets 137 ($33M)2025 Revenue 1763 ($14M) Expenses 2754 ($9.0M) Net assets 157 ($38M)
'17'18'19'20'21'22'23'24'25
Revenue (1763)Expenses (2754)Net assets (157)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $30M to $44M (+48%).

$26M
$26M
$26M
$28M
$29M
$30M
$44M
$38M
$44M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 94% · 2025 52%. Grants only. Government contracts and fees sit inside program revenue.

59% of Alaska Corporation for Affordable Housing’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$460k
’17
$187k
’18
$175k
’19
$1.8M
’20
$572k
’21
−$169k
’22
$14M
’23
−$5.2M
’24
$4.9M
’25
8.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Brent Levalley

Chair Officer

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed111212121310121314
Joined·+6+7+4+5+1+3+3+1
No longer listed·57444120
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of Alaska Corporation for Affordable Housing’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Alaska Corporation for Affordable Housing's grant income comes from Alaska funders.

AK

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Alaska Corporation for Affordable Housing runs a healthier operating margin than three-quarters of the 449 housing & shelter nonprofits its size.

Operating margin35% · top quartile
Months of reserve8.6mo · top quartile
Revenue growth (annualized)43% · top quartile

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Organizations like Alaska Corporation for Affordable Housing

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alaska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 7 related entities

  • Fairbanks Affordable Housing Partners MM LLC · disregarded
  • Valdez Affordable Housing Partners MM LLC · disregarded
  • Alaska Housing Finance Corporation · exempt
  • ANC MV Phase 1 LP · partnership
  • Fairbanks Affordable Housing LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for Alaska Corporation for Affordable Housing: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Alaska Corporation for Affordable Housing?
Alaska Corporation for Affordable Housing (Alaska) receives grants from 1 organization whose IRS filings report $300,000 to it, the largest being RASMUSON FOUNDATION ($300,000). 0 of them have funded it in more than one year.
How many funders does Alaska Corporation for Affordable Housing have?
IRS filings report 1 organization giving $300,000 in grants to Alaska Corporation for Affordable Housing.
Who is the largest funder of Alaska Corporation for Affordable Housing?
RASMUSON FOUNDATION is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like Alaska Corporation for Affordable Housing find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Alaska Corporation for Affordable Housing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing