- Revenue 2024
- $13,904,288
- Expenses 2024
- $9,037,022
Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L20
- Classification
- 1000
- Street
- 4300 BONIFACE PARKWAY
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
The corporation's mission is to undertake the types of affordable housing and services that are not open to Alaska Housing directly, but support Alaska Housing's mission of providing affordable housing and services to individuals and groups in need.
Activities or mission (Part I)
The corporation provides affordable housing for low income households.Utilizing a wide range of state and federal government assistance programs
-
A total of 106 units of affordable housing were completed in prior fiscal years. 40 units of family housing were put into operation in the current year for a total of 146 units of affordable housing in operation. Revenues and expenses are related to the development and management of the 146 units of affordable housing for low income households, as well as the development of 20 new units located in Valdez, Alaska that are expected to be ready for occupation in 2026.
Expenses $8,955,454 · Revenue $732,605
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Brent Levalley
Chair Officer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jess Hall
Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Allen Hippler
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David Pruhs
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Fadil Limani
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Heidi Hedberg
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Julie Sande
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sandra Moller
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Janelle Earls
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Adam Crum
Director (Left Mid Year)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bryan Butcher
President
- Total calculated
- $520,724
- From this org
- $0
- From related orgs
- $381,929
- Other
- $138,795
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $381,929 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $80,419 related
- Nontaxable benefits
- $0 + $58,376 related
- Filer's total
- $0 + $520,724 related
-
Catherine Stone
Vice President
- Total calculated
- $330,486
- From this org
- $0
- From related orgs
- $229,368
- Other
- $101,118
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $229,368 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $50,450 related
- Nontaxable benefits
- $0 + $50,668 related
- Filer's total
- $0 + $330,486 related
-
Vasilios Gialopsos
Vice President
- Total calculated
- $328,925
- From this org
- $0
- From related orgs
- $237,142
- Other
- $91,783
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $237,142 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $52,117 related
- Nontaxable benefits
- $0 + $39,666 related
- Filer's total
- $0 + $328,925 related
-
Chelsea Smith
Director of Operations
- Total calculated
- $157,470
- From this org
- $0
- From related orgs
- $113,345
- Other
- $44,125
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $113,345 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $24,896 related
- Nontaxable benefits
- $0 + $19,229 related
- Filer's total
- $0 + $157,470 related
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $13,904,288
- Expenses
- $9,037,022
- Contributions
- $8,254,329
- Grants paid
- $0
-
2023
- Revenue
- $2,395,702
- Expenses
- $7,548,236
- Contributions
- $811,264
- Grants paid
- $0
-
2022
- Revenue
- $13,889,658
- Expenses
- $205,455
- Contributions
- $13,454,502
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $485,131
- Expenses
- $654,097
- Assets (EOY)
- $29,559,235
-
2020 · 990
- Revenue
- $1,005,655
- Expenses
- $433,884
- Assets (EOY)
- $28,659,432
-
2019 · 990
- Revenue
- $2,084,595
- Expenses
- $244,254
- Assets (EOY)
- $28,094,385
-
2018 · 990
- Revenue
- $479,737
- Expenses
- $304,978
- Assets (EOY)
- $26,283,964
-
2017 · 990
- Revenue
- $474,658
- Expenses
- $287,432
- Assets (EOY)
- $26,107,750
-
2016 · 990
- Revenue
- $788,583
- Expenses
- $328,118
- Assets (EOY)
- $25,939,178
-
2013 · 990
- Revenue
- $1,389,836
- Expenses
- $2,242,964
- Assets (EOY)
- $4,985,020
-
2012 · 990
- Revenue
- not reported
- Expenses
- $4,211
- Assets (EOY)
- $3,711,476
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Form 990-N e-Postcard, tax year 2013
- Tax period
- 1 July 2013 to 30 June 2014
- Principal officer
-
Bryan ButcherBRYAN BUTCHER
- Mailing address
- PO BOX 101020ANCHORAGE AK 99510
As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
Alaska Housing Finance Corporation
GOVUNIT · Financing · AK
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
Fairbanks Affordable Housing Partners MM LLC
Property Management · AK · income $0 · assets $0
-
Valdez Affordable Housing Partners MM LLC
Property Management · AK · income $0 · assets $0
Related partnerships on its 2024 return
-
ANC MV Phase 1 LP
Related · Property Investment · AK · 0.01% owned · share of income -$108 · share of assets $613,687 · general or managing partner
-
Fairbanks Affordable Housing LLC
Related · Property Investment · AK · 0.01% owned · share of income -$201 · share of assets $19,329,472 · general or managing partner
Related corporations and trusts on its 2024 return
-
ANC MV LLC
C · Property Management · AK · 99.99% owned · share of income $6,671 · share of assets $666,680 · controlled entity
-
Valdez Affordable Housing LLC
C · Real Estate Investment · AK · 0.01% owned · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.