Alaska Housing Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237121924 ✦ Juneau, AK ✦ Designated as a 501(c)(4)

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Overview

What is Alaska Housing Development Corporation?

Alaska Housing Development Corporation, situated in Juneau, Alaska, is a nonprofit organization with a mission to provide affordable housing for individuals with low to moderate incomes. They accomplish this through the operation of affordable apartments, catering to families and the elderly in the area. The corporation's primary goal is to offer decent, safe, and reasonably priced housing opportunities to the residents of Juneau, enhancing their overall living standards. With a workforce of 10 dedicated individuals, they continue to contribute to the local community by providing a vital housing solution.

Is Alaska Housing Development Corporation legitimate?

Alaska Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Alaska Housing Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $154,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,759

For more financial information, click here

What is the mission statement of Alaska Housing Development Corporation?

Alaska Housing Development Corporation's mission is centered around providing affordable housing opportunities. The organization strives to offer decent and safe living spaces to individuals with moderate income levels. Its primary goal is to cater to this housing need, ensuring affordability remains a key aspect of its operations. The corporation operates with the aim of making housing accessible to a wide range of income groups, including the elderly. In essence, Alaska Housing Development Corporation is committed to enhancing living standards by providing affordable housing solutions.

Who is the CEO of Alaska Housing Development Corporation?

Tamara Rowcroft is the Executive Director of Alaska Housing Development Corporation.

What is the revenue of Alaska Housing Development Corporation?

Alaska Housing Development Corporation's revenue in 2022 was $1,940,857.

Who are the executives of Alaska Housing Development Corporation and what are their salaries?

The average compensation at Alaska Housing Development Corporation during 2022 was $41,180. There are 10 employees and 4 volunteers at Alaska Housing Development Corporation.


Here are 5 key members and their salaries:


Tamara Rowcroft (Executive Director)
  • Compensation: $128,175
  • Related: $0
  • Other: $29,509
Stephen Sorensen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Minerva Mac Carandang (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Bernadette Blankenship (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Gleason (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alaska Housing Development Corporation?

Alaska Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alaska Housing Development Corporation

Alaska Housing Development Corporation, a nonprofit organization, is committed to providing decent, safe, and affordable housing opportunities for residents. Their mission is to cater to the housing needs of low- to moderate-income families and the elderly, ensuring that everyone has access to affordable apartments. By fulfilling this mission, the corporation aims to contribute positively to the community, providing a vital service that can significantly impact individuals' quality of life.

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Impact




October, 2024

Alaska Housing Development Corporation plays a crucial role in the community by operating affordable apartments, which directly benefit low, medium, and moderate-income families, as well as the elderly. By providing accessible housing options in Juneau, the organization ensures that residents have decent, safe, and affordable places to live. This commitment addresses critical housing needs, fostering a sense of stability and community among those it serves. The impact of this work extends beyond mere housing; it supports the overall well-being of families and individuals, contributing to stronger, more resilient communities in Alaska.




This information is meant to be a general summary of Alaska Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,940,857 (2022)
Expenses
$1,942,377 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Program Service Revenue: $1,790,190
  • Gross Receipts: $1,940,857

Assets and Liabilities:

  • Total Assets: $4,317,973
  • Total Liabilities: $1,833,210
  • Net Assets: $2,484,763

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SECTION 8 HOUSING ASSISTANCE INCOME

Revenue

$1,788,479

HOMELESS ASSISTANCE PROGRAM INCOME

Revenue

$1,711

Organization Details

Founding Year

1988

Principal Officer

Tamara Rowcroft

Main Address

1800 Northwood Drive, Juneau, AK, 99801

NTEE Category

Code: L21 - Housing

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