Alaska · Nonprofit
ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION
ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION (Alaska) receives grants from 3 organizations whose IRS filings report $32,393 to it, the largest being Southwest Alaska Municipal Conference ($21,743). 0 of them have funded it in more than one year.
- Revenue FY2024
- $325k
- Funders on record
- 3
- Grants received
- $32k
- Net assets
- $228k
What Anchorage Economic Development Corporation does
Mission
The mission of aedc is to grow a prosperous, sustainable and diverse economy. Aedc has been in operation since 1987 as a private nonprofit corporation (irs code 501(c)(6). It exists to encourage economic growth and diversity in anchorage, to promote a favorable business climate, and to raise anchorage residents' standard of living.
As stated on its FY2024 Form 990.
Programs
2024 efforts were focused on implementing the "choose anchorage" plan focusing on project anchorage an effort established by our board members and members of a business coalition to introduce a 3% sales tax to the anchorage municipality to spur economic development and reduce residents' property taxes. Aedc completed work on the "choose anchorage" plan in 2022. Choose anchorage is a comprehensive research report that was funded by a united states economic development administration grant. Research centered around a workforce and industry cluster analysis that resulted in a comprehensive research plan and associated action plan focused on increasing anchorage's working age adult population and the overall economy. Research was conducted for the majority of the year through roundtable discussions, key stakeholder interviews and analytical analysis and finally completed in november.
The 2024 economic forecast luncheon in january forecasts the anchorage economy based on employment, population, and demographic data; provided a snapshot look at the labor force; and offered an update on consumer and business confidence. Event was held at the dena'ina center in anchorage. Keynote presentation: patience faribrother
The 3-year outlook luncheon discusses the projected trajectory of the local economy based on a review of historical and current data, interviews with representatives of businesses and organizations, and analysis of current events. The outlook considers trends in eight key indicators including population, employment, personal income, air passenger and freight volumes, building permits, port of alaska tonnage, visitor industry activity and oil prices. Event was held at the dena'ina center in anchorage. Keynote presentation: andrew busch
The 3 programs described on its FY2024 Form 990, listed largest first by expense.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.5M to $786k (−48%).
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.
Government-grant reliance: 2017 24% · 2018 19% · 2019 23% · 2020 37% · 2021 34% · 2022 46% · 2023 19% · 2024 78%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
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.
Chief executive
Jenna Wright
President/CEO
Board chair
Ryan Strong
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2021: the base held at 1 funder, grant income fell $6k → $5k.
From the IRS filings of ANCHORAGE ECONOMIC 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
ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
85% 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 ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2018 100% · 2019 100% · 2021 100% — broadly stable.
“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 ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Alaska funders.
In-state vs out-of-state, by year
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.
Government funding ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $455k on record.
- Department of Commerce$380k
- Denali Commission$75k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ANCHORAGE ECONOMIC 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
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 2 related entities
- Aedc Development Fund · exempt
- Aedc Advocacy Fund · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ANCHORAGE ECONOMIC 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.
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 ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION?
- ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION (Alaska) receives grants from 3 organizations whose IRS filings report $32,393 to it, the largest being Southwest Alaska Municipal Conference ($21,743). 0 of them have funded it in more than one year.
- How many funders does ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $32,393 in grants to ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION.
- Who is the largest funder of ANCHORAGE ECONOMIC DEVELOPMENT CORPORATION?
- Southwest Alaska Municipal Conference is the largest funder on record, with $21,743 in grants. The full list of funders is on this page.
- How can an organization like ANCHORAGE ECONOMIC 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.
Play a game about who funds Anchorage Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 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