Public Charity

Norton Sound Economic Development Corporation

Based in Anchorage, AK, Norton Sound Economic Development Corporation operates as a Public Charity. The organization reported $27.5M in revenue, $35.1M in expenses, $400.6M in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $11K.

EIN: 860710582 Anchorage, AK Latest filing: 2024
Total Revenue$27.5M
Total Expenses$35.1M
Total Assets$400.6M
Grant Records2
Funding Total$11K
Filing Years2019–2024

Mission

To develop and sustain new and ongoing economic activity in the Norton Sound region. The Company's mission outlines its intentions to provide a balance between local economic development oriented towards the residents in the region and active participation in the distant-water fisheries in the Bering Sea and Aleutian Islands. The Company implements programs to educate, train, and employ people of the region; build infrastructure to help support the new and existing fisheries; start new fisheries through locally initiated development efforts; support the local salmon, herring, crab, and halibut fishermen; restore salmon runs in the region for both commercial and subsistence users; provide loans for gear, vessels, and secure equity interests in companies and vessels. The Company has not entered into any significant long-term agreements or commitments other than its agreements with the harvesters of its CDQ allocations.

Sample Grants Received

2024
MARINE DEBRIS REMOVAL
$5,413
2024
MARINE DEBRIS REMOVAL
$5,413

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

Director Anna Oxereok
Director Arthur Amaktoolik
Director Daniel Harrelson
Director Dean Peterson
Director Frances Ozenna
Chairman Frank Katchatag

Officer compensation and complete director data available with membership.

Top Grant Purposes

MARINE DEBRIS REMOVAL
$10,826 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $27.5M $35.1M $400.6M
2023 $16.4M $39.8M $391.4M
2022 $27.5M $50.3M $380.0M
2020 $43.3M $45.0M $294.7M
2019 $47.2M $48.6M $275.3M

Between 2019 and 2024, reported annual revenue declined from $47.2M to $27.5M (-42%), with total assets most recently reported at $400.6M.

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

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