Form 990 for tax year 2023
Filed by KODIAK ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $270,259
- Total expenses
- $125,808
- Contributions and grants received
- $270,259
- Grants paid
- $20,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $216,410
- Total liabilities, end of year
- $1,341
- Net assets or fund balances, end of year
- $215,069
- Program services expenses (Part IX)
- $79,457
- Management and general expenses
- $29,359
- Fundraising expenses
- $16,992
- Program service expenses (Part III)
- $79,457
Program services were 63.2% 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.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$270,259
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $20,000 · program services $20,000
-
7 · Other salaries and wages
total $29,167 · program services $20,417 · management and general $4,375 · fundraising $4,375
-
10 · Payroll taxes
total $2,727 · program services $2,727
-
11a · Fees: management
total $39,000 · program services $27,300 · management and general $11,700
-
11c · Fees: accounting
total $4,011 · management and general $4,011
-
11g · Fees: other
total $2,805 · management and general $2,805
-
12 · Advertising and promotion
total $2,603 · program services $2,603
-
13 · Office expenses
total $75 · management and general $75
-
17 · Travel
total $15,771 · program services $3,154 · fundraising $12,617
-
23 · Insurance
total $1,239 · management and general $1,239
-
24a · Other expenses: BANK FEES
total $276 · management and general $276
-
24b · Other expenses: BOOKS SUBS REFERENCE
total $1,149 · program services $379 · management and general $770
-
24c · Other expenses: WEBSITE
total $1,020 · management and general $1,020
-
24d · Other expenses: SUPPLIES
total $634 · program services $634
-
24e · All other expenses
total $5,331 · program services $2,243 · management and general $3,088
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $70,619 · end of year $166,410
-
4 · Accounts receivable
end of year $50,000
-
17 · Accounts payable and accrued expenses
beginning of year $1 · end of year $1,341
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $38,500
-
31 · Retained earnings, endowment or other funds
beginning of year $32,118 · end of year $215,069
Mission and programs · 2023
Mission
Economic Development & Resiliency on Kodiak Island
-
Economic Development and Resiliancy on Kodiak Island, Alaska
Expenses $79,457
As filed on the 2023 return.
Listed in Part VII
-
TOM PANAMAROFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JASCHA ZBITNOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CYNDY MIKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GREG ZADINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LAURA ARBOLETA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JESSICA JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
COOPER CURTIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KARL HERTZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
MARK ANDERSON
VP TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
MIKE PFEFFER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412119349301346
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