ALASKA DEVELOPMENT CORPORATION: Form 990EZ, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ALASKA DEVELOPMENT CORPORATION (EIN 56-2374498)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-03-15
IRS object ID
201410749349200516
Schema version
2012v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-03-15T18:32:57-05:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CHRISTINE E HARRINGTON CPA LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1328AddressLine1
CitySITKACity
StateAKState
ZIP Code99835ZIPCode
FieldValueIRS element (for citing)
Return Type990EZReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN562374498EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1ALASKA DEVELOPMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlALASNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line1612 W WILLOUGHBY AVEAddressLine1
Address Line2ROOM/SUITE AAddressLine2
CityJUNEAUCity
StateAKState
ZIP Code99801ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBRIAN HOLSTName
TitleEXECUTIVE DIRECTORTitle
Date Signed2014-03-10DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameCHRISTINE E HARRINGTONName
Phone9077475500Phone
Date Prepared2014-03-10DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Web SiteN/AWebSite
Organization501c3XOrganization501c3
Gross Receipts10031GrossReceipts
Info In Schedule O Part IXInfoInScheduleOPartI
Contributions Gifts Grants Etc10028ContributionsGiftsGrantsEtc
Investment Income3InvestmentIncome
Total Revenue10031TotalRevenue
Fees And Oth Pymt To Ind Contractors1521FeesAndOthPymtToIndContractors
Other Expenses Total7051OtherExpensesTotal
Total Expenses8572TotalExpenses
Excess Or Deficit For Year1459ExcessOrDeficitForYear
Net Assets Or Fund Balances BOY4105NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5564NetAssetsOrFundBalancesEOY

Cash Savings And Investments CashSavingsAndInvestments

FieldValueIRS element (for citing)
BOY4105BOY
EOY5564EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY4105BOY
EOY5564EOY

Net Assets Or Fund Balances NetAssetsOrFundBalances

FieldValueIRS element (for citing)
BOY4105BOY
EOY5564EOY
FieldValueIRS element (for citing)
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Primary Exempt PurposePROMOTE SOUND AND SUSTAINABLE ECONOMIC GROWTH AND DIVERSIFICATION WITHIN THE STATE OF ALASKA BY PROVIDING INFORMATION, EDUCATION, AND PROGRAMS OF ASSISTANCE FOR BUSINESSES, AGENCIES, LAW MAKERS, AND THE PUBLIC; AND ANY AND ALL TYPES OF ACTIVITIES NOT PROHIBITED BY LAWS WHICH SHALL PROMOTE AND FOSTER ECONOMIC GROWTH.PrimaryExemptPurpose

Program Service Accomplishment ProgramServiceAccomplishment (2 entries)

Description Program Service AccomDescriptionProgramServiceAccomProgram Service ExpensesProgramServiceExpenses
STEM ENRICHMENT PROGRAMS DEVELOP TALENT, SKILLS AND APTITUDE IN K-12 STUDENTS NOW AND CREATE A WORKFORCE ABLE TO HELP ALASKA COMPETE IN THE GLOBAL ECONOMY OF THE FUTURE7572
ADC SUPPORTS THE SE ALASKA INDUSTRY CLUSTER INITIATIVE, WHICH FOCUSES ON CREATING A NETWORK OF BUSINESS, GOVERNMENTAL, ACADEMIC AND REGIONAL DEVELOPMENT ORGANIZATIONS TO INCREASE COMPETITIVENESS AND REDUCE BARRIERS TO GROWTH.1000
FieldValueIRS element (for citing)
Total Program Service Expenses8572TotalProgramServiceExpenses

Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (10 entries)

TitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
KURT FREDRIKSSON
CHAIRPERSON1.000
JOHN PUGH
VICE-CHAIRPE1.000
KEVIN RITCHIE
TREASURER1.000
BEVERLY SCHOONOVER
TREASURER1.000
JILL RAMIEL
DIRECTOR1.000
COREY BAXTER
DIRECTOR1.000
LAUREN MACVAY
DIRECTOR1.000
ANDRE GARSON
DIRECTOR1.000
ANTHONY YORBA
DIRECTOR1.000
BRIAN HOLST
EXECUTIVE DI1.000
FieldValueIRS element (for citing)
Info In Schedule O Part VXInfoInScheduleOPartV
Activities Not Previously RptfalseActivitiesNotPreviouslyRpt
Made Changes To Orgnzng Etc DoctrueMadeChangesToOrgnzngEtcDoc
Organization Had UBIfalseOrganizationHadUBI
Subject To Proxy TaxfalseSubjectToProxyTax
Organization Dissolved EtcfalseOrganizationDissolvedEtc
Did Org File Form1120 POL This YearfalseDidOrgFileForm1120POLThisYear
Made Loans To From OfficersfalseMadeLoansToFromOfficers
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTrans
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1JEDCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1612 W WILLOUGHBY AVENUEAddressLine1
CityJUNEAUCity
StateAKState
ZIP Code99801ZIPCode
FieldValueIRS element (for citing)
Telephone Number9075232300TelephoneNumber
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccount
Foreign OfficefalseForeignOffice
Maintain Any Donor Advised FundsfalseMaintainAnyDonorAdvisedFunds
Does Org Have HospitalfalseDoesOrgHaveHospital
Tanning Services ProvidedfalseTanningServicesProvided
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction With Control EntityfalseTransactionWithControlEntity
Engage Political Cmpgn ActivitiesfalseEngagePoliticalCmpgnActivities
Engage In Lobbying ActivitiesfalseEngageInLobbyingActivities
Operating SchoolfalseOperatingSchool
Trnsfrs Exempt Non Char Related OrgfalseTrnsfrsExemptNonCharRelatedOrg
Part VI Of Comp Of Highest Paid EmplNONEPartVIOfCompOfHighestPaidEmpl
Part VIA Hghst Paid Cntrct Prof SerNONEPartVIAHghstPaidCntrctProfSer
Filed Schedule AtrueFiledScheduleA

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year10028CurrentTaxYear
Total10028Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year10028CurrentTaxYear
Total10028Total
FieldValueIRS element (for citing)
Public Support Total17010028PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year3CurrentTaxYear
Total3Total
FieldValueIRS element (for citing)
Total Support10031TotalSupport
Public Support Pertcentage1700.99970PublicSupportPertcentage170
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
OTHER EXPENSESFORM 990-EZ, PART I, LINE 16EXPENSES ADVERTISING AND PROMOTION 389 OFFICE 45 BANK & SERVICE FEES 80 DUES, LICENSES, & SUBSCRI 275 PROGRAM SUPPLIES 5,222 EVENTS 1,040 TOTAL 7,051
PRIMARY EXEMPT PURPOSEFORM 990-EZ, PART IIIPROMOTE SOUND AND SUSTAINABLE ECONOMIC GROWTH AND DIVERSIFICATION WITHIN THE STATE OF ALASKA BY PROVIDING INFORMATION, EDUCATION, AND PROGRAMS OF ASSISTANCE FOR BUSINESSES, AGENCIES, LAW MAKERS, AND THE PUBLIC; AND ANY AND ALL TYPES OF ACTIVITIES NOT PROHIBITED BY LAWS WHICH SHALL PROMOTE AND FOSTER ECONOMIC GROWTH.
SECOND ACCOMPLISHMENTFORM 990-EZ, PART III, LINE 29ADC SUPPORTS THE SE ALASKA INDUSTRY CLUSTER INITIATIVE, WHICH FOCUSES ON CREATING A NETWORK OF BUSINESS, GOVERNMENTAL, ACADEMIC AND REGIONAL DEVELOPMENT ORGANIZATIONS TO INCREASE COMPETITIVENESS AND REDUCE BARRIERS TO GROWTH.
CHANGES TO ORGANIZATIONAL DOCUMENTSFORM 990-EZ, PART V, LINE 34BYLAWS WERE AMENDED TO REDEFINE BOARD MEMBERSHIP AND ADD NEW LANGUAGE SUCH AS CONFLICT OF INTEREST REQUIREMENTS

Compensation Explanation CompensationExplanation

Compensation Compensation (10 entries)

KURT FREDRIKSSON
JOHN PUGH
KEVIN RITCHIE
BEVERLY SCHOONOVER
JILL RAMIEL
COREY BAXTER
LAUREN MACVAY
ANDRE GARSON
ANTHONY YORBA
BRIAN HOLST

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