Kodiak Economic Development Corporation

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

EIN: 851350923 ✦ Kodiak, AK ✦ Designated as a 501(c)(3)

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Overview

What is Kodiak Economic Development Corporation?

Kodiak Economic Development Corporation (KEDC) is a nonprofit organization situated in Kodiak, Alaska. Their primary focus is on economic development and resilience on Kodiak Island. They are actively working towards addressing the issue of affordable workforce housing by establishing a community land trust. This initiative aims to provide housing options that are affordable for the local workforce, thereby contributing to the overall economic stability and growth of the community.


Official website here: www.kodiakedc.com

Is Kodiak Economic Development Corporation legitimate?

Kodiak Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kodiak Economic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kodiakedc.com

What is the mission statement of Kodiak Economic Development Corporation?

The Kodiak Economic Development Corporation, abbreviated as KEDC, is committed to fostering economic development and resiliency. Their primary mission is to address the need for affordable workforce housing within their community by establishing a community land trust. This initiative is an essential part of their broader goal to contribute to the overall economic well-being of the community. By implementing this land trust, KEDC aims to provide sustainable and affordable housing solutions for local workers, thereby supporting the local economy and ensuring its resilience.


Official website here: www.kodiakedc.com

Who is the CEO of Kodiak Economic Development Corporation?

John Whiddon is the President of Kodiak Economic Development Corporation.


Official website here: www.kodiakedc.com

What is the revenue of Kodiak Economic Development Corporation?

Kodiak Economic Development Corporation's revenue in 2022 was $299,742.


Official website here: www.kodiakedc.com

Who are the executives of Kodiak Economic Development Corporation and what are their salaries?

There 10 volunteers at Kodiak Economic Development Corporation.


Here are 10 key members and their salaries:


Jascha Zbitnoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pfeffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyndy Mika (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Hernaez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Panamaroff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cooper Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Zadina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Whiddon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Hertz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Anderson (Secy Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kodiakedc.com

Where can I find the form 990 for Kodiak Economic Development Corporation?

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


Official website here: www.kodiakedc.com

Learn more at the official website: www.kodiakedc.com

Mission Statement of Kodiak Economic Development Corporation

Kodiak Economic Development Corporation, or KEDC, is dedicated to promoting economic development and resiliency on an unspecified island. Their mission is multifaceted, encompassing efforts to enhance the local economy and ensure its capacity to withstand various challenges. One of the ways KEDC is working towards this goal is by establishing a community land trust to address the issue of affordable workforce housing. This initiative underscores their commitment to improving the living conditions and overall quality of life for the community's residents, particularly those who contribute to the local workforce. By fostering economic development and resiliency, KEDC aims to create a thriving and sustainable community.

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Impact




October, 2024

The Kodiak Economic Development Corporation plays a crucial role in enhancing the economic vitality and resilience of Kodiak Island. By focusing on initiatives that foster community improvement, KEDC is actively addressing pressing issues such as the need for affordable workforce housing. Their ongoing efforts to develop a community land trust aim to create sustainable housing solutions that support the local workforce.

Through their work, KEDC not only stimulates economic growth but also promotes a healthy community environment, ensuring that residents have access to safe and affordable housing options. This commitment to economic development and resiliency strengthens Kodiak’s economy, ultimately benefiting the entire community by attracting and retaining a robust workforce.




This information is meant to be a general summary of Kodiak Economic 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
$299,742 (2022)
Expenses
$247,948 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $299,742

Assets and Liabilities:

  • Total Assets: $70,619
  • Total Liabilities: $1
  • Net Assets: $70,618

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Organization Details

Founding Year

2021

Principal Officer

John Whiddon

Main Address

PO BOX 669, Kodiak, AK, 99615

NTEE Category

Code: S99 - Community improvement

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