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Alaska · Nonprofit

KENAI PENINSULA HOUSING INITIATIVES INC

KENAI PENINSULA HOUSING INITIATIVES INC (Alaska) receives grants from 1 organization whose IRS filings report $345,000 to it, the largest being RASMUSON FOUNDATION ($345,000). 1 of them have funded it in more than one year.

Revenue FY2025
$5.2M
Funders on record
1
Grants received
$345k
Net assets
$17M
1/1 repeat funderspeak grant-dependency 4%
01What it does

What Kenai Peninsula Housing Initiatives Inc does

Mission

To provide safe affordable housing options to the low income and special needs residents of the kenai peninsula.

As stated on its FY2025 Form 990.

Program

  1. Served the needs of the low income, senior citizens, disabled and special needs residents through market survey, site work, designing, training, refurbishing distressed housing, and constructing suitable and affordable housing as part of an on-going program.

    $2,697,669 spent$1,716,870 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $2,697,669.

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 ($2.2M) Expenses 100 ($2.1M) Net assets 100 ($13M)2018 Revenue 158 ($3.4M) Expenses 104 ($2.2M) Net assets 109 ($15M)2019 Revenue 149 ($3.2M) Expenses 103 ($2.2M) Net assets 118 ($16M)2020 Revenue 117 ($2.6M) Expenses 110 ($2.3M) Net assets 119 ($16M)2021 Revenue 168 ($3.7M) Expenses 126 ($2.6M) Net assets 126 ($17M)2022 Revenue 89 ($1.9M) Expenses 123 ($2.6M) Net assets 122 ($16M)2023 Revenue 80 ($1.8M) Expenses 127 ($2.7M) Net assets 111 ($15M)2024 Revenue 116 ($2.5M) Expenses 130 ($2.7M) Net assets 110 ($15M)2025 Revenue 236 ($5.2M) Expenses 154 ($3.2M) Net assets 125 ($17M)
'17'18'19'20'21'22'23'24'25
Revenue (236)Expenses (154)Net assets (125)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 2024 to 2025, from $21M to $24M (+12%).

$18M
$20M
$22M
$22M
$24M
$23M
$22M
$21M
$24M
'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 50% · 2018 62% · 2019 67% · 2020 53% · 2021 56% · 2022 13% · 2023 9% · 2024 30% · 2025 67%. Grants only. Government contracts and fees sit inside program revenue.

67% of KENAI PENINSULA HOUSING INITIATIVES INC’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$84k
’17
$1.3M
’18
$1.1M
’19
$251k
’20
$1.0M
’21
−$644k
’22
−$910k
’23
−$192k
’24
$1.9M
’25
0.5
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.

Chief executive

Brandy Mcgee

CEO

Board chair

Marie Mccarty

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed544455567
Joined·+0+0+0+2+1+1+2+3
No longer listed·10011112
03Who funds it

Who funds it, year by year

2017 → 2018: the base held at 1 funder, grant income rose $75k → $150k.

Funder
'17
'18
'24*
total
funders
1
1
1

From the IRS filings of KENAI PENINSULA HOUSING INITIATIVES INC’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 KENAI PENINSULA HOUSING INITIATIVES INC's grant income comes from Alaska funders.

AK

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

’17
’18
Alaska out of state home

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

KENAI PENINSULA HOUSING INITIATIVES INC runs a healthier operating margin than three-quarters of the 2,367 housing & shelter nonprofits its size.

Operating margin37% · top quartile
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like KENAI PENINSULA HOUSING INITIATIVES INC

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

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for KENAI PENINSULA HOUSING INITIATIVES INC: 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 KENAI PENINSULA HOUSING INITIATIVES INC?
KENAI PENINSULA HOUSING INITIATIVES INC (Alaska) receives grants from 1 organization whose IRS filings report $345,000 to it, the largest being RASMUSON FOUNDATION ($345,000). 1 of them have funded it in more than one year.
How many funders does KENAI PENINSULA HOUSING INITIATIVES INC have?
IRS filings report 1 organization giving $345,000 in grants to KENAI PENINSULA HOUSING INITIATIVES INC, 1 of which have funded it in more than one year.
Who is the largest funder of KENAI PENINSULA HOUSING INITIATIVES INC?
RASMUSON FOUNDATION is the largest funder on record, with $345,000 in grants. The full list of funders is on this page.
How can an organization like KENAI PENINSULA HOUSING INITIATIVES INC 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 Kenai Peninsula Housing Initiatives →

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 22, 2026. What this page cannot tell you · view filing