Kenai Peninsula Economic Development District Inc

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

EIN: 920125774 ✦ Kenai, AK ✦ Designated as a 501(c)(4)

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Overview

What is Kenai Peninsula Economic Development District Inc?

Kenai Peninsula Economic Development District Inc, located at 14896 Kenai Spur Hwy 103A, Kenai, AK 99611, is a dedicated nonprofit organization with a mission to foster economic growth within the borough. Their primary objective is to develop and implement a comprehensive economic development program that aims to generate employment opportunities for the local community. With a team of 6 dedicated individuals, they work tirelessly to achieve this goal, contributing positively to the local economy by implementing their program across the borough.


Official website here: www.kpedd.org

Is Kenai Peninsula Economic Development District Inc legitimate?

Kenai Peninsula Economic Development District Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Kenai Peninsula Economic Development District 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: $140,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,629

For more financial information, click here


Official website here: www.kpedd.org

What is the mission statement of Kenai Peninsula Economic Development District Inc?

The Kenai Peninsula Economic Development District Inc is committed to fostering economic growth by creating a borough-wide economic development program. This program is designed to generate employment opportunities, serving as a catalyst for the district's economic expansion. By developing and implementing this comprehensive plan, the organization aims to contribute to the local economy and provide more job prospects for the community.


Official website here: www.kpedd.org

Who is the CEO of Kenai Peninsula Economic Development District Inc?

Rusty Swan is the President of Kenai Peninsula Economic Development District Inc.


Official website here: www.kpedd.org

What is the revenue of Kenai Peninsula Economic Development District Inc?

Kenai Peninsula Economic Development District Inc's revenue in 2022 was $713,805.


Official website here: www.kpedd.org

Who are the executives of Kenai Peninsula Economic Development District Inc and what are their salaries?

The average compensation at Kenai Peninsula Economic Development District Inc during 2022 was $61,147. There are 6 employees and 14 volunteers at Kenai Peninsula Economic Development District Inc.


Here are 15 key members and their salaries:


Timothy Dillon (Executive Dir.)
  • Compensation: $140,252
  • Related: $0
  • Other: $0
Todd Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Czarnezki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Redder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Richards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Marks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hough (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Swan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyson Cox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Foster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Yaeger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Demoss (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Bieber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hetrick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kpedd.org

Where can I find the form 990 for Kenai Peninsula Economic Development District Inc?

Kenai Peninsula Economic Development District Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kpedd.org

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

Mission Statement of Kenai Peninsula Economic Development District Inc

Kenai Peninsula Economic Development District Inc, as a nonprofit organization, is committed to fostering economic growth in its community. Their mission is to develop and implement a borough-wide economic development program designed specifically to create employment opportunities. By undertaking this endeavor, the organization aims to contribute positively to the local economy, providing new prospects for individuals in the area. Through their initiatives, Kenai Peninsula Economic Development District Inc seeks to stimulate economic activity, ultimately leading to a stronger and more prosperous community.

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Impact




October, 2024

Kenai Peninsula Economic Development District Inc actively drives economic growth in the Kenai Peninsula Borough by designing and executing a comprehensive economic development program. This initiative aims to create employment opportunities, enhancing the overall economic landscape of the region. By focusing on community improvement, the organization fortifies local economies, fosters business development, and ultimately contributes to a more vibrant and sustainable community in Kenai, Alaska. Its efforts lead to increased job availability, supporting individuals and families while promoting a healthier economic environment for all residents.




This information is meant to be a general summary of Kenai Peninsula Economic Development District 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
$713,805 (2022)
Expenses
$741,636 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,750
  • Program Service Revenue: $177,330
  • Gross Receipts: $713,805

Assets and Liabilities:

  • Total Assets: $1,032,505
  • Total Liabilities: $29,650
  • Net Assets: $1,002,855

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Programs

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

BIC rents

Revenue

$157,446

Other contracts

Revenue

$19,884

Organization Details

Founding Year

1997

Principal Officer

Rusty Swan

Main Address

14896 Kenai Spur Hwy 103A, Kenai, AK, 99611

NTEE Category

Code: S30 - Community improvement

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