Program areas at NSEDC
CDQ Harvest Management: Manages CDQ allocations and IFQ holdings.
Community Benefit Program: Provides loans and grants through the Large Infrastructure Program, Bulk Fuel and Energy Subsidy Program, Small Business Initiative, Community Energy Fund and various other community outreach programs.
NSSP and Tenders: Manages tender vessels to receive salmon and crab deliveries from our local fishers. These vessels also shuttle salmon, crab, bait and gear between our Nome and Unalakleet processing facilities and our buying station operations throughout the region.
Personnel at NSEDC
| Name | Title | Compensation | Date of data |
|---|
| Janis Ivanoff | President and Chief Executive Officer | $294,238 | 2023-10-27 |
| Tyler Rhodes | Chief Operating Officer | $206,601 | 2022-12-31 |
| Matt Coates | Treasurer and Chief Financial Officer / Chief Financial Officer / Controller | $170,191 | 2022-12-31 |
| Richard Walicki | Treasurer and Chief Financial Officer | $172,465 | 2021-12-31 |
| Paul Ivanoff | Community Director / Iii Community Benefits Director / Comm Ben Director / Community Benefits Director | $126,386 | 2022-12-31 |
| ...and 14 more key personnel |
Financials for NSEDC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $11,397 | $10,111 | 12.7% |
| Program services | $36,387,029 | $47,390,191 | -23.2% |
| Investment income and dividends | $-8,295,664 | $-391,370 | -2019.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-941,153 | $11,797,684 | -108% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $-284,153 | $44,714 | -735.5% |
| Miscellaneous revenues | $607,783 | $564,936 | 7.6% |
| Total revenues | $27,485,239 | $59,416,266 | -53.7% |
Organizations like NSEDC
| Organization | Type | Location | Revenue |
|---|
| Alloy Development | 501(c)(4) | Cincinnati, OH | $10,336,501 |
| Thurston County Economic Development Council | 501(c)(4) | Lacey, WA | $8,399,812 |
| St Louis Economic Development Partnership | 501(c)(4) | Saint Louis, MO | $10,658,751 |
| Bristol Bay Economic Development Corporation (BBEDC) | 501(c)(4) | Dillingham, AK | $27,584,898 |
| Market Lubbock Economic Development Corporation | 501(c)(4) | Lubbock, TX | $9,055,238 |
| Centerstate Corporation for Economic Opportunity | 501(c)(6) | Syracuse, NY | $13,051,588 |
| Southeast Ark Economic Development District | 501(c)(3) | Pine Bluff, AR | $8,494,217 |
| Enterprise Florida (EFI) | 501(c)(3) | Orlando, FL | $16,140,627 |
| KU Innovation Park | 501(c)(6) | Lawrence, KS | $13,851,598 |
| Union Square Alliance | 501(c)(4) | San Francisco, CA | $8,566,874 |
Data update history
December 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Updated personnel
Identified 3 new personnel
December 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
EducationCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingEndowed supportProvides scholarships
General information
- Address
- 2701 Gambell St 400
- Anchorage, AK 99503
- Metro area
- Anchorage, AK
- Website URL
- nsedc.com/Â
- Phone
- (907) 274-2248
IRS details
- EIN
- 86-0710582
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1993
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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