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Alaska · Nonprofit

Alaska Development Corporation

Alaska Development Corporation (Alaska) receives grants from 7 organizations whose IRS filings report $1,059,882 to it, the largest being JUNEAU COMMUNITY FOUNDATION ($703,312). 6 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$438k
Funders on record
7
Grants received
$1.1M
Net assets
$216k
6/7 repeat fundersgrants exceed reported revenue in one year
01What it does

What Alaska Development Corporation does

Mission

Promote sound and sustainable economic growth and diversification within the State of Alaska by providing information, education, and programs of assistance for businesses, agencies, law makers, and the public; and any and all types of activities not prohibited by laws which shall promote and foster economic growth.

As stated on its FY2025 Form 990.

Programs

  1. Special Projects including Flood Relief with provided pass through funding to 100 individuals affected by the Floods in Juneau, and the Juneau Maritime Festival which was attended my hundreds of Juneau residents.

    $337,736 spentof which $331,812 as grants$168 earned by the program
    60% of program spending
  2. Support of the FIRST Robotics League and Summer Camps, introducing hundreds of students throughout Alaska to STEM learning opportunities.

    $186,912 spentof which $186,912 as grants
    33% of program spending
  3. Support to the Regional Eldercare Coalition

    $35,000 spentof which $35,000 as grants
    6% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $559,648.

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 ($244k) Expenses 100 ($246k) Net assets 100 ($2k)2018 Revenue 92 ($225k) Expenses 90 ($223k) Net assets 210 ($4k)2019 Revenue 95 ($231k) Expenses 92 ($226k) Net assets 494 ($9k)2020 Revenue 84 ($206k) Expenses 62 ($152k) Net assets 3465 ($63k)2021 Revenue 116 ($283k) Expenses 77 ($189k) Net assets 8647 ($156k)2022 Revenue 89 ($217k) Expenses 66 ($163k) Net assets 11608 ($210k)2023 Revenue 50 ($121k) Expenses 4 ($9k) Net assets 17812 ($322k)2024 Revenue 47 ($115k) Expenses 37 ($91k) Net assets 19136 ($346k)2025 Revenue 179 ($438k) Expenses 231 ($568k) Net assets 11939 ($216k)
'17'18'19'20'21'22'23'24'25
Revenue (179)Expenses (231)Net assets (11939)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 2018 to 2019, from $61k to $357k (+485%).

$132k
$61k
$357k
$86k
$175k
$224k
$325k
$349k
$231k
'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: 2017 0% · 2018 2% · 2020 2% · 2021 78% · 2022 57% · 2023 13% · 2024 5% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

97% of Alaska Development Corporation’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 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.

−$2k
’17
$2k
’18
$5k
’19
$54k
’20
$94k
’21
$54k
’22
$112k
’23
$24k
’24
−$130k
’25
4.9
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

Garrett Choenberger

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed448988999
Joined·+0+4+3+4+0+5+2+3
No longer listed·00250423
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $13k → $115k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Alaska Development Corporation’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.

How concentrated its funding is

Alaska Development Corporation leans on a few funders — its largest provides 66% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Alaska Development Corporation.

66%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 94% · 2019 100% · 2020 100% · 2021 100% · 2022 83% · 2023 43% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

83% of Alaska Development Corporation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $182k that is directly attributable, 97% of it comes from Alaska funders.

AK
WA

In-state vs out-of-state, by year

’17
’18
’22
’23
Alaska out of state home

Funder states come from each funder’s own filing. $878k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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 Development Corporation has grown faster than half of the 7,175 community improvement nonprofits its size.

Operating margin−30% · bottom quartile
Months of reserve4.9mo · below the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like Alaska Development Corporation

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

95%

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

Footprint & structure

Part of a family of 1 related entity

  • Juneau Economic Development Council · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Alaska Development Corporation: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Development Corporation?
Alaska Development Corporation (Alaska) receives grants from 7 organizations whose IRS filings report $1,059,882 to it, the largest being JUNEAU COMMUNITY FOUNDATION ($703,312). 6 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Alaska Development Corporation have?
IRS filings report 7 organizations giving $1,059,882 in grants to Alaska Development Corporation, 6 of which have funded it in more than one year.
Who is the largest funder of Alaska Development Corporation?
JUNEAU COMMUNITY FOUNDATION is the largest funder on record, with $703,312 in grants. The full list of funders is on this page.
How can an organization like Alaska Development Corporation 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.

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 7 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