Overview
What is Akeela Development Corporation?
Akeela Development Corporation is a nonprofit organization situated in Anchorage, Alaska, specifically at 360 W Benson Blvd 300, ZIP code 99503. Its primary role is to support Akeela Inc., providing financial management for the property titles owned by the latter. This includes collecting income and managing the expenses related to these properties. In essence, Akeela Development Corporation functions as a property support organization for Akeela Inc.
Official website here: www.akeela.org
Is Akeela Development Corporation legitimate?
Akeela Development Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Akeela 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: $104,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,833
For more financial information, click here
Official website here: www.akeela.org
What is the mission statement of Akeela Development Corporation?
Akeela Development Corporation serves as a supporting entity for Akeela Inc., primarily focusing on property-related matters. Its role includes collecting income derived from the property and managing the associated expenses. In essence, the organization's primary purpose is to maintain and manage property on behalf of Akeela Inc., ensuring financial stability and efficient property management. It does not have a traditional mission statement as a support organization, but its actions and responsibilities align with the overall goal of supporting Akeela Inc. in its operations.
Official website here: www.akeela.org
Who is the CEO of Akeela Development Corporation?
James T Sellers is the Executive Dir. of Akeela Development Corporation.
Official website here: www.akeela.org
What is the revenue of Akeela Development Corporation?
Akeela Development Corporation's revenue in 2022 was $1,283,082.
Official website here: www.akeela.org
Who are the executives of Akeela Development Corporation and what are their salaries?
There 3 volunteers at Akeela Development Corporation.
Here are 4 key members and their salaries:
- Compensation: $97,733
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.akeela.org
Where can I find the form 990 for Akeela Development Corporation?
Akeela Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.akeela.org
Learn more at the official website: www.akeela.org
Mission Statement of Akeela Development Corporation
Akeela Development Corporation serves as a supporting entity for Akeela Inc., taking on the responsibility of managing property-related matters. Its primary mission is to collect income and manage expenses associated with the property under its care, all in support of Akeela Inc.'s operations. In essence, Akeela Development Corporation functions as a financial steward for Akeela Inc., ensuring the effective management of its property-related affairs.
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Impact
October, 2024
Akeela Development Corporation plays a crucial role in supporting Akeela Inc. by managing property assets that are essential to the organization’s operational success. By holding the title to properties, it ensures stable management of real estate that can be utilized for Akeela’s programs and services.
The corporation collects income from these properties, which is vital for covering expenses related to their maintenance and operation. This financial management helps sustain the facilities that Akeela Inc. relies on, enabling it to focus more on its mission of community improvement in Anchorage, Alaska.
Through its activities, Akeela Development Corporation enhances Akeela Inc.'s capacity to serve the community effectively, thereby contributing to the overall well-being and development of the area. The strategic management of property assets not only ensures operational continuity but also supports various programs aimed at enhancing the quality of life for individuals in need within the community.
This information is meant to be a general summary of Akeela 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $74,835
- Gross Receipts: $2,033,033
Assets and Liabilities:
- Total Assets: $7,632,318
- Total Liabilities: $8,098,207
- Net Assets: -$465,889
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Organization Details
Founding Year
1995
Phone
(907) 565-1200Principal Officer
James T Sellers
Main Address
360 W Benson Blvd 300, Anchorage, AK, 99503
Website
www.akeela.orgNTEE Category
Code: S47 - Community improvement
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