SITKA ECONOMIC DEVELOPMENT ASSOCIATION INC

Address
329 HARBOR DRIVE SUITE 212
SITKA, AK 99835
Contact
Website: http://www.sitka.net
Phone: +1 (907) 747-2660
Nonprofit
NTEE: S30 - Economic Development
EIN: 91-1786756

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN SITKA, ALASKA.
 201720162015
Basic features of the organization
Year of formation1998
Subsection501(c)(3)
Organization typeCorporation
Human resources, including compensation
Summary compensation info
Number of employees222
Personnel
Baggen, Cory
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personCORY BAGGENCORY BAGGENCORY BAGGEN
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Cameron, Ken
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personKEN CAMERONKEN CAMERONKEN CAMERON
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Davis, Nancy
TitleVICE-PRESIDEVICE-PRESIDEVICE-PRESIDE
Name of key/compensated personNANCY DAVISNANCY DAVISNANCY DAVIS
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Dumag, Kathleen
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personKATHLEEN DUMAGKATHLEEN DUMAGKATHLEEN DUMAG
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Hames, Roger
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personROGER HAMESROGER HAMESROGER HAMES
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Harang, Trevor
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personTREVOR HARANGTREVOR HARANGTREVOR HARANG
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Pearson, Kris
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personKRIS PEARSONKRIS PEARSONKRIS PEARSON
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Venneberg, Mike
TitleSECRETARY/TRSECRETARY/TRSECRETARY/TR
Name of key/compensated personMIKE VENNEBERGMIKE VENNEBERGMIKE VENNEBERG
Average hours per week working for org1.00 1.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTO PROMOTE ECONOMIC DEVELOPMENT IN SITKA, ALASKA.TO PROMOTE ECONOMIC DEVELOPMENT IN SITKA, ALASKA.TO PROMOTE ECONOMIC DEVELOPMENT IN SITKA, ALASKA.
Program expenses (total)$181,804.00$206,034.00$187,044.00
Programs, including revenue & expenses
PROMOTING AND FOSTERING ECONOMIC DEVELOPMENT IN SITKA, ALASKA.
Program expenses$181,804.00$206,034.00$187,044.00
Program revenue$90,000.00$90,000.00 
Program descriptionPROMOTING AND FOSTERING ECONOMIC DEVELOPMENT IN SITKA, ALASKA.PROMOTING AND FOSTERING ECONOMIC DEVELOPMENT IN SITKA, ALASKA.PROMOTING AND FOSTERING ECONOMIC DEVELOPMENT IN SITKA, ALASKA.
Financial data
Expense categories (totals)
Sum (total functional expenses)$181,804.00$206,034.00$187,044.00
Program services (total functional expenses)$181,804.00$206,034.00$187,044.00
Management & general (total functional expenses)$0.00$0.00$0.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$191,299.00$194,370.00$193,170.00
Program service revenue (total)$90,000.00$90,000.00$90,000.00
Revenue from contributions (total)$101,253.00$98,975.00$94,650.00
Investment income$46.00$46.00$34.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$5,349.00$8,486.00
Total revenue from grants, etc., current yr$101,253.00$98,975.00$94,650.00
Gross receipts$191,299.00$194,370.00$193,170.00
Sources of contributions
Revenue from gov't grants$63,000.00$70,000.00$70,000.00
Revenue from all other contributions$38,253.00$28,975.00$24,650.00
Other types of revenue
Income from dividends, interest, and similar investments$46.00$46.00$34.00
Net rental income $5,349.00$8,486.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
Accounting service fees (total)$2,080.00$1,940.00$2,245.00
Assets and liabilities
Total assets$128,160.00$117,892.00$129,726.00
Total assets, beginning of year$117,892.00$129,726.00$123,492.00
Total liabilities$1,223.00$450.00$620.00
Total liabilities, beginning of year$450.00$620.00$512.00
Net assets$126,937.00$117,442.00$129,106.00
Net assets, beginning of year$117,442.00$129,106.00$122,980.00
Cash: non-interest bearing$35,991.00$25,769.00$37,649.00
Cash: non-interest bearing, beginning of year$25,769.00$37,649.00$31,399.00
Other financial variables
Revenue less expenses$9,495.00-$11,664.00$6,126.00
Advertising (total) $1,523.00$2,355.00
Savings & temp cash investment$92,169.00$92,123.00$92,077.00
Accounts payable & accrued expenses$1,223.00$450.00$620.00
Total net assets or fund balances$126,937.00$117,442.00$129,106.00
Governance and accountability
Number of voting members888
Number of independent voting members888
Tax year start date2016-07-012015-07-012014-07-01
Tax year end date2017-06-302016-06-302015-06-30
Accounting methodCashCashCash
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-05-162017-07-262016-04-08
IRS schema version2016v3.12015v3.02014v6.0
Filing identifier201811119349300406201730449349301833201610429349301541
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