Public Charity

Spruce Island Development Corporation

Spruce Island Development Corporation is a nonprofit organization categorized as Public Charity based in KODIAK, AK. Its most recent IRS filing (2025) reports revenue of $1.7M, expenses of $1.6M, total assets of $226K.

EIN: 201622649 KODIAK, AK Fund Raising & Fund Distribution NTEE: S12 Latest filing: 2025
Total Revenue$1.7M
Total Expenses$1.6M
Total Assets$226K
Grant Records0
Filing Years2021–2025

Mission

Provide economic development activities to allow resident economic success which grows community infrastructure and economic growth

Officers & Directors

Director Bill Pyles
Chairman Darrin Muller
Administrator Duncan Fields
Director Harold Squarts
Director Herman Anderso
Director Jennifer Torse

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.7M $1.6M $226K
2024 $217K $99K $166K
2023 $526K $517K $49K
2022 $100 $2K $40K
2021 $2K $41K

Between 2022 and 2025, reported annual revenue grew from $100 to $1.7M (+1651410%), with total assets most recently reported at $226K.

Interactive year-over-year charts and full filing details available with membership.

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