Mission
The promotion and development of fisheries related resources, infrastructure and assets for the benefit of the community of Adak, Alaska.
Public Charity
Adak Community Development Corporation
Adak Community Development Corporation, of Adak, AK, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $881K in revenue, $301K in expenses, $7.1M in total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $68K.
EIN: 263793262
Adak, AK
Community & Neighborhood Development
NTEE: S20
Latest filing: 2024
Total Revenue$881K
Total Expenses$301K
Total Assets$7.1M
Grants Given7
Grant Total$68K
Filing Years2020–2024
Where $100 goes at Adak Community Development Corporation
How Adak Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$51
Programs
the work itself
$49
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $51 for programs
$51
(accomplishments as measured by expenses
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
Aleut Fisheries LLC
Examine and analyze power generatio
$7,406
Aleutian Region School Dist
Attend Native Youth Olympics
$11,828
Aleutian Region School Dist
Donate to Kids Lego Trip
$10,000
Aleutian Region School Dist
Attend Native Youth Olympics
$8,700
Wildlife Computers Inc
Research cod biomass size & distr.
$10,095
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
Director
Cory Herendeen
Secretary/Treas
Larry D Mayes
President
Layton J Lockett
Office Manager
Mary Nelson
Director
Richard R Koso
Director
Scott Bullock
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $881K | $301K | $7.1M |
| 2023 | $754K | $200K | $6.5M |
| 2022 | $1.3M | $159K | $5.8M |
| 2021 | $820K | $98K | $4.8M |
| 2020 | $563K | $126K | $4.1M |
Between 2020 and 2024, reported annual revenue grew from $563K to $881K (+57%), with total assets most recently reported at $7.1M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in AK, WA.
AKWA
Full geographic grant map with state-by-state breakdown available with membership.