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Sitka Economic Development Association Inc

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

EIN: 911786756 ✦ Sitka, AK ✦ Designated as a 501(c)(3)

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Overview

What is Sitka Economic Development Association Inc?

Sitka Economic Development Association Inc is a nonprofit organization situated in Sitka, Alaska. Their primary mission is to stimulate and nurture economic growth within the community. They accomplish this goal through various programs tailored to this purpose. This nonprofit organization is dedicated to uplifting Sitka's economic standing and improving the overall well-being of its residents.


Official website here: www.sitka.net

Is Sitka Economic Development Association Inc legitimate?

Sitka Economic Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sitka Economic Development Association Inc 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: $134,408

For more financial information, click here


Official website here: www.sitka.net

What is the mission statement of Sitka Economic Development Association Inc?

The Sitka Economic Development Association, as an organization, is committed to promoting economic development. Their mission is to foster and encourage this growth, designing programs to achieve their goal. The association operates with the aim of contributing positively to the economic landscape, without specifying a particular location in the summary.


Official website here: www.sitka.net

Who is the CEO of Sitka Economic Development Association Inc?

Corry Baggen is the President of Sitka Economic Development Association Inc.


Official website here: www.sitka.net

What is the revenue of Sitka Economic Development Association Inc?

Sitka Economic Development Association Inc's revenue in 2023 was $187,982.


Official website here: www.sitka.net

Who are the executives of Sitka Economic Development Association Inc and what are their salaries?

The average compensation at Sitka Economic Development Association Inc during 2023 was $44,803. There are 3 employees at Sitka Economic Development Association Inc.


Here are 11 key members and their salaries:


Corry Baggen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Davis (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Venneberg (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zaide Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Cameron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adora Dumag (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ptarmica Garnick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Hames (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Harang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Riggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sitka.net

Where can I find the form 990 for Sitka Economic Development Association Inc?

Sitka Economic Development Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sitka.net

Learn more at the official website: www.sitka.net

Mission Statement of Sitka Economic Development Association Inc

Sitka Economic Development Association Inc, as the name suggests, is dedicated to stimulating economic growth in the region of Sitka, Alaska. Their mission is to actively promote and cultivate economic development within the community. Through various programs and initiatives, they work tirelessly to achieve this objective, with the ultimate goal of enhancing the overall economic well-being of Sitka. The organization's efforts are focused on creating an environment that encourages business growth, job creation, and community development. By fostering economic development, Sitka Economic Development Association Inc aims to improve the quality of life for the people of Sitka, Alaska.

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Impact




October, 2024

Sitka Economic Development Association Inc plays a crucial role in enhancing the economic landscape of Sitka, Alaska. By promoting and fostering economic development, the organization implements various programs aimed at supporting local businesses, attracting investments, and creating job opportunities. These initiatives contribute to community improvement, helping to build a resilient and diverse economy that benefits residents and businesses alike. Through its efforts, the organization strengthens the local economic base, enhances quality of life, and encourages sustainable growth in the region.




This information is meant to be a general summary of Sitka Economic Development Association Inc. 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
$187,982 (2023)
Expenses
$208,628 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $736
  • Program Service Revenue: $97,463
  • Gross Receipts: $187,982

Assets and Liabilities:

  • Total Assets: $92,818
  • Total Liabilities: $130
  • Net Assets: $92,688

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Programs

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

INDUSTRIAL PARK MGMT CONTRACT

Revenue

$90,000

OTHER

Revenue

$7,463

Organization Details

Founding Year

1998

Principal Officer

Corry Baggen

Main Address

329 HARBOR DRIVE SUITE 202, SITKA, AK, 99835

NTEE Category

Code: S30Z - Community improvement

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