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Alaska Community Development Corporation

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

EIN: 920073911 ✦ Palmer, AK ✦ Designated as a 501(c)(3)

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Overview

What is Alaska Community Development Corporation?

Alaska Community Development Corporation (ACDC) is a nonprofit organization situated in Palmer, Alaska. With a focus on helping low-income individuals and families, ACDC works towards improving their housing situations. The corporation offers weatherization assistance across various regions in Alaska, including the copper River Basin, Kenai Peninsula Borough, Kodiak Island Borough, Lake and Peninsula Borough, Mat-Su Borough, several Southeast Alaska communities, the Taylor Highway System, and the Tok area. Through the weatherization program, ACDC aims to enhance the energy-efficiency, safety, and health of eligible homes, which can range from apartments to multi-family dwellings, such as duplexes and larger properties. With a team of 11 dedicated employees, ACDC plays a significant role in bettering living conditions for those in need in Alaska.


Official website here: www.alaskacdc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

The Alaska Community Development Corporation has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from their Accountability & Finance metrics, reflecting the organization's commitment to transparency and responsible management of funds.

One of the organization's strengths is its governance structure, featuring an entirely independent board. It has demonstrated strong financial oversight and a robust set of policies, including those for conflict of interest and whistleblowing, contributing to its high accountability score. Notably, the program expense ratio is impressive at 94.35%, indicating a significant portion of funds is directed toward programs rather than administrative costs.

While the rating is commendable, potential donors may want to consider the context and specific financials, such as the salaries of key personnel, which show that compensation for leadership roles is relatively high. Overall, the organization appears to be well-managed and accountable, making it a potentially worthwhile investment for those looking to support community development initiatives in Alaska.


This AI summary has been generated from information found on Charity Navigator.

Is Alaska Community Development Corporation legitimate?

Alaska Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska Community 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: $114,214
Professional Fundraising Fees: $0
Other Salaries and Wages: $736,603

For more financial information, click here


Official website here: www.alaskacdc.org

What is the mission statement of Alaska Community Development Corporation?

The Alaska Community Development Corporation's mission is centered around assisting low-income individuals and families in Alaska, specifically focusing on housing and housing improvements. In line with this, they provide weatherization assistance to eligible homes, including apartments, cabins, condominiums, houses, mobile homes, and multi-family dwellings, across various regions of Alaska. The objective is to enhance the safety, health, and energy efficiency of these homes, bringing them up to standard. The corporation aims to contribute positively to the living conditions of the community's less fortunate members, improving their overall quality of life.


Official website here: www.alaskacdc.org

Who is the CEO of Alaska Community Development Corporation?

Patrick A Shiflea is the Executive Dir. of Alaska Community Development Corporation.


Official website here: www.alaskacdc.org

What is the revenue of Alaska Community Development Corporation?

Alaska Community Development Corporation's revenue in 2022 was $3,057,741.


Official website here: www.alaskacdc.org

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

The average compensation at Alaska Community Development Corporation during 2022 was $77,347. There are 11 employees and 7 volunteers at Alaska Community Development Corporation.


Here are 13 key members and their salaries:


Patrick Shiflea (Executive Dir.)
  • Compensation: $113,776
  • Related: $0
  • Other: $40,045
Curt Christiansen (Housing Manager)
  • Compensation: $92,040
  • Related: $0
  • Other: $35,649
Patrick Ian Sharrock (Inspector)
  • Compensation: $74,016
  • Related: $0
  • Other: $51,911
Pete Byrne (Construction Super)
  • Compensation: $84,240
  • Related: $0
  • Other: $38,569
Dan Berube (Energy Specialist)
  • Compensation: $85,280
  • Related: $0
  • Other: $35,755
Stacy Flora (Program Manager)
  • Compensation: $74,040
  • Related: $0
  • Other: $38,059
Michael Mccormack (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Barber (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Anderson (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Beer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Phillips (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Parker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerad Lindman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alaskacdc.org

Where can I find the form 990 for Alaska Community Development Corporation?

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


Official website here: www.alaskacdc.org

Learn more at the official website: www.alaskacdc.org

Mission Statement of Alaska Community Development Corporation

Alaska Community Development Corporation, in its mission, aims to aid low-income individuals and families in Alaska by focusing on housing and housing improvements. Specifically, the organization provides assistance to help these households improve the energy efficiency and safety of their homes. This is achieved through the Weatherization program, which covers a wide range of property types, including apartments, cabins, condominiums, houses, mobile homes, and multi-family dwellings, in various locations across Alaska. The goal is to bring these homes up to standards that ensure they are safe, healthy, and energy-efficient, ultimately benefiting the residents living in these properties.

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Impact




July, 2024

Alaska Community Development Corporation assists low-income individuals and families in Alaska by providing weatherization assistance in various communities across the state. Through their weatherization program, ACDC helps eligible households improve the energy efficiency and safety of their homes. Their impact extends to the Copper River Basin, Kenai Peninsula Borough, Kodiak Island Borough, Lake and Peninsula Borough, Mat-Su Borough, Southeast Alaska communities, the Taylor Highway System, and the Tok area. ACDC's efforts contribute to creating safe, healthy, and energy-efficient living environments for those in need in Alaska.




This information is meant to be a general summary of Alaska Community 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
$3,057,741 (2022)
Expenses
$2,912,660 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $854
  • Gross Receipts: $3,269,956

Assets and Liabilities:

  • Total Assets: $768,492
  • Total Liabilities: $541,088
  • Net Assets: $227,404

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Organization Details

Founding Year

1979

Principal Officer

Patrick A Shiflea

Main Address

1517 South Industrial Way 8, Palmer, AK, 99645

NTEE Category

Code: S20Z - Community improvement

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