Alaska Partnership For Economic Development in Anchorage, Alaska (AK)

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Alaska Partnership For Economic Development
Employer Identification Number (EIN)320244813
Name of OrganizationAlaska Partnership For Economic Development
In Care of NameJohn Parker
AddressPO BOX 101067, Anchorage, AK 99510-1067
SubsectionCharitable Organization
Ruling Date12/2008
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,358
Amount of Income$77,038
Form 990 Revenue Amount$77,038
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development

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Amount of income in 2013: $77,038 (it was $150,922 in 2012)
Alaska Partnership For Economic Development: 

Other organizations performing similar types of work: 


Assets in 2013: $2,358 (it was $37,347 in 2012)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $96,506
Alaska Partnership For Economic Development: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 0.8
Alaska Partnership For Economic Development: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 100.0%
Alaska Partnership For Economic Development: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$104,436$150,922$77,038
Contributions, gifts, grants, and similar amounts received$99,811$140,916$77,038
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$4,600$10,000$0
Investment income$25$0$0
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$6$0
Total expenses$93,586$147,173$96,506
Total net assets$8,077$11,826$2,358
Excess/Deficit for the year$10,850$3,749$-19,468
Net assets or fund balances at beginning of year$118,941$8,077$11,826
Other changes in net assets or fund balances$-121,714$0$10,000
Net assets or fund balances at end of year$11,826$2,358
Balance Sheets
Total assets$14,278$37,347$2,358
Total liabilities$6,201$25,521$0
Net assets or fund balances$8,077$11,826$2,358
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$832,390
Subtotal Support$832,390
Gifts, grants, contributions, and membership fees received$832,390
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$832,396
Public Support$832,390
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$6
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Alaska Manufacturing Extension Partnership Inc3000 A St Ste 300, Anchorage, AK 99503-4040AK2005-07$1,871,380
3Bering Sea Fishermens Association431 W 7th Ave Ste 204, Anchorage, AK 99501-3500AK2000-02$1,088,958
4The Alaska Native Arts Foundation500 W 6th Ave, Anchorage, AK 99501-2224AK2003-05$626,501
5Association Of The Ancsa Regional Corporation Presidents-Ceos IncPO BOX 240766, Anchorage, AK 99524-0766AK2000-06$480,026
6World Trade Center Alaska Inc1815 Bragaw St Ste 102, Anchorage, AK 99508-3433AK1999-02$382,579
7Copper Valley Development Association IncPO BOX 9, Glennallen, AK 99588-0009AK1999-08$356,744
8Valdez Fish Derbies IncPO BOX 1053, Valdez, AK 99686-1053AK2004-12$259,807
9North Pole Economic Development CorporationPO BOX 55872, North Pole, AK 99705-0872AK2009-12$184,883
10Haa Aani Community Development Fund Inc1 Sealaska Plz Ste 400, Juneau, AK 99801-1245AK2013-02$158,639
11Bonasila IncPO BOX 150, Anvik, AK 99558-0150AK2012-04$100,691
12Alaska Partnership For Economic DevelopmentPO BOX 101067, Anchorage, AK 99510-1067AK2008-12$77,038
13Celebrating Seafood Inc4022 Cliffside Rd, Kodiak, AK 99615-7108AK2013-10$55,000
14Spruce Island Development Corporation Inc, SidcoPO BOX 113, Ouzinkie, AK 99644-0113AK2005-01$37,577
15Alaska Manufacturing Business Industry And Technology Program, Ambit601 East 57th Place Ste 102, Anchorage, AK 99518AK2012-04$0
16Alaska Snow Events Inc3333 Denali Suite 150, Anchorage, AK 99503AK2007-12$0
17Bristol Bay Quality ProcessorsPO BOX 469, Naknek, AK 99633-0469AK2011-05$0
18Gulf Community Fisheries Development CorporationPO BOX 201236, Anchorage, AK 99520AK2008-02$0
19Iv Economic Development IncHc 52 Box 8809, Indian, AK 99540-9604AK2003-03$0
20Kodiak Archipelago Leadership Institute3137 Mill Bay Road, Kodiak, AK 99615AK2006-12$0
Number of organizations performing similar types of work
District of Columbia35
North Carolina125
North Dakota13
New Hampshire25
New Jersey61
New Mexico41
New York213
Rhode Island6
South Carolina63
South Dakota34
West Virginia39
Total3,253 is not associated with, endorsed by, or sponsored by Alaska Partnership For Economic Development and has no official or unofficial affiliation with Alaska Partnership For Economic Development