Form 990 for tax year 2024

Totals

Total revenue

$36,717,551

Total expenses

$38,470,160

Contributions and grants received

$33,287,638

Grants paid

$1,339,423

Program service revenue

$2,518,808

Investment income

$911,105

Other revenue

$0

Total assets, end of year

$47,861,331

Total liabilities, end of year

$10,856,937

Net assets or fund balances, end of year

$37,004,394

Program services expenses (Part IX)

$31,236,497

Management and general expenses

$7,233,663

Fundraising expenses

$0

Program service expenses (Part III)

$31,236,497

Program services were 81.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• THE CHILD DEVELOPMENT DIVISION PROVIDES EARLY CHILDHOOD AND FAMILY SUPPORT SERVICES TO PRENATAL WOMEN, CHILDREN AND FAMILIES IN COMMUNITIES ACROSS ALASKA, SERVING 661 CHILDREN AND THEIR FAMILIES. THE PROGRAMS OFFERED INCLUDE HEAD START, EARLY HEAD START, PARENTS AS TEACHERS, AND THE CHILD DEVELOPMENT CENTER IN ANCHORAGE. CHILD DEVELOPMENT PROGRAMS OPERATE UNDER STRICT FEDERAL AND STATE REGULATIONS, WHICH REQUIRE A WELL-TRAINED STAFF AND CONTINUOUS MONITORING AND PROGRAM IMPROVEMENT. PROGRAMS ARE DESIGNED TO FACILITATE PARENT INVOLVEMENT AND COMMUNITY COLLABORATION SURROUNDING THE BASIC BELIEF THAT PARENTS ARE THE CHILD'S FIRST AND BEST TEACHER. CHILDREN RECEIVE SERVICES THAT PROMOTE POSITIVE SOCIO-EMOTIONAL DEVELOPMENT, HEALTHY PRACTICES, CULTURAL RICHNESS AND SCHOOL READINESS.

  Expenses $12,682,210 · Revenue $326,147

• RURAL CAP IS A SUPPORTIVE HOUSING DIVISION OPERATING AFFORDABLE HOUSING UNITS FOR LOW-INCOME INDIVIDUALS IN ANCHORAGE AND PROVIDES ONE CLINICAL PROGRAMS ACROSS FOUR LOCATIONS, OFFERING BEHAVIORAL HEALTH SERVICES, FOLLOWING THE INTENSIVE CASE MANAGEMENT MODEL, TO INDIVIDUALS IN HOUSING WHO HAVE SUDBSTANCE USE OR CO-OCCURRING DISORDERS AND WHO HAVE EXPERIENCED CHRONIC HOMELESSNESS. THESE BEHAVIORAL HEALTH SERVICES ARE VOLUNTARY, BUT RURAL CAP MAINTAINS A HIGH ENROLLMENT RATE. RURAL CAP TAKES A HOLISTIC APPROACH TO THE INDIVIDUAL, RECOGNIZING THE OVERALL SPECTRUM OF NEEDS AND TREATING THEM CONCURRENTLY. ALL PROGRAMS PROVIDE AN INTEGRATED, COMPREHENSIVE APPROACH TO TREATMENT, RECOVERY SUPPORT SERVICES, AND PERMANENT HOUSING PLACEMENT.

  Expenses $6,871,259 · Grants $1,339,423 · Revenue $1,726,243

• COMMUNITY DEVELOPMENT TEAM PROGRAMS SERVED INDIVIDUALS FROM MORE THAN 98 COMMUNITIES IN FY25 THROUGH A VARIETY OF CAPACITY BUILDING AND WELLNESS ACTIVITIES. THESE INCLUDE AMERICORPS, VISTA AND ELDER MENTOR PROGRAMS, IN ADDITION TO SEVERAL TRAINING AND TECHNICAL ASSISTANCE INITIATIVES. TOPIC AREAS INCLUDE SUBSTANCE USE PREVENTION, TOBACCO PREVENTION, YOUTH ENGAGEMENT, LEADERSHIP AND BEST PRACTICES FOR WORKING WITH TRIBAL YOUTH, NUTRITION EDUCATION AND HYDROPONIC GARDENING, TRIBAL JUSTICE AND TRIBAL COURT DEVELOPMENT, AND STATE AND FEDERAL GRANT MANAGEMENT. IN PARTNERSHIP WITH THE NATIVE VILLAGE OF HOOPER BAY, COMMUNITY DEVELOPMENT ALSO SUPPORTS A DOMESTIC VIOLENCE SHELTER IN HOOPER BAY.

  Expenses $6,266,138 · Revenue $24,899

• NINE SELF-HELP HOMEBUYERS COMPLETED THE CONSTRUCTION OF THEIR HOMES IN SOLDOTNA IN SEPTEMBER 2025. 10 SELF-HELP HOMEBUYERS IN SEWARD STARTED CONSTRUCTION ON THEIR HOMES IN SEPTEMBER 2025. THE HOMES IN SEWARD ARE EXPECTED TO BE COMPLETED IN SPRING 2027 OR BEFORE. RURAL CAP ASSISTED 31 VERY-LOW AND LOW INCOME FAMILIES IN OBTAINING CERTIFICATES OF ELIGIBILITY TO PURCHASE A HOME THROUGH USDA RURAL DEVELOPMENT'S 502 PACKAGED LOAN PROGRAM. 25 VERY-LOW AND LOW INCOME FAMILIES HAVE SUCCESSFULLY CLOSED ON THEIR LOANS AND MOVED INTO THEIR HOMES 10/01/2024-09/30/2025. RURAL CAP'S PLANNING AND CONSTRUCTION TEAM PROVIDED WEATHERIZATION SERVICES TO INCLUDE ENERGY EFFICIENCY UPGRADES, INDOOR AIR QUALITY UPGRADES AND HEALTH OF THE 117 HOMES TO RECEIVE WEATHERIZATION SERVICES, 79 HOMES WERE OCCUPIED BY SENIORS AND ADDITIONAL 14 HOMES RECEIVED ACCESSIBILITY IMPROVEMENT FOR CLIENTS WITH DISABILITIES AND ADDITIONAL 20 HOMES RECEIVED MOBILE HOME REPAIR. AND SAFETY MEASURES FOR 117 HOMES IN THE NORTHWEST ARCTIC, BERING STRAITS, CALISTA, KUSILVAK, ANCHORAGE AND SOUTHEAST ALASKA REGIONS.

  Expenses $5,416,890 · Revenue $441,519

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• KETCHIKAN INDIAN COMMUNITY

  $226,416

  HOMELESS SUPPORT

• ALEUT COMMUNITY OF ST PAUL

  $125,000

  GOING GREEN ON ST. PAUL ISLAND

• QAWALANGIN TRIBE OF UNALASKA

  $86,014

  CULTURAL OUTREACH PROGRAM

• COVENANT HOUSE ALASKA

  $65,765

  COVEY ACADEMY - HOUSING FOR YOUTH

• NEWHALEN TRIBAL COUNCIL

  $64,859

  WELFARE TO HEALING EDUCATION

• SUNSHINE COMMUNITY HEALTH CENTER

  $63,108

  NORTHERN VALLEY HEALTH ACCESS PROGRAM

• RENEWABLE ENERGY ALASKA PROJECT

  $63,043

  PIP - PEOPLE IN POWER TRAINING & COORDINATION FOR STAND ALONE RURAL ALASKA ELECTRIC UTILITIES

• CORDOVA FAMILY RESOURCE CENTER

  $57,713

  GUIDELINES, REGISTRATION/ETC FOR AFTER SCHOOL PROGRAMS

• ORGANIZED VILLAGE OF KWETHLUK

  $57,357

  GARDEN PROJECT/FOOD SECURITY PROGRAM

• ALASKA COALITION ON HOUSING

  $50,776

  SHIP - STATEWIDE HEALTHCARD INTEGRATION PLAN

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2024

Filed

17 August 2026

IRS schema version

2024v5.5

Source object

202642309349301839

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.