Civic Intelligence

Spruce Island Development Corporation Inc

990EZ • Fiscal year 2022 • EIN 20-1622649

Oct 01, 2021 to Sep 30, 2022 • Filed on May 10, 2023

Organization Profilesidcoalaska.org
4022 Cliffside RoadKodiak, AK 99615

(907) 486-8835

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

1st percentile

-1524%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

43rd percentile

-1.5%

Faster asset growth than 43% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-88%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$40,461

Down $635 (-1.5%) from 2021

Net Assets

Down

$40,561

Down $535 (-1.3%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

$100

No earlier filing loaded for comparison.

Expenses

Down

$1,624

Down $228 (-12%) from 2021

Net Income

-$1,524

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2011: $9,744Liabilities 2011: $10,975Net Assets 2011: -$1,2312011Assets 2012: $22,439Liabilities 2012: -$173Net Assets 2012: $22,6122012Assets 2013: $23,137Liabilities 2013: $173Net Assets 2013: $22,9642013Assets 2014: $23,718Liabilities 2014: $02014Assets 2017: $22,886Liabilities 2017: $0Net Assets 2017: $22,8862017Assets 2018: $65,500Liabilities 2018: $0Net Assets 2018: $65,5002018Assets 2019: $45,924Liabilities 2019: $02019Assets 2020: $42,948Liabilities 2020: $02020Assets 2021: $41,096Net Assets 2021: $41,0962021Assets 2022: $40,461Net Assets 2022: $40,5612022Assets 2023: $49,148Liabilities 2023: $0Net Assets 2023: $49,1482023Assets 2024: $166,294Liabilities 2024: $0Net Assets 2024: $166,2942024Assets 2025: $225,936Liabilities 2025: $0Net Assets 2025: $225,9362025

Highlighted filing

2022

Assets$40,461
Liabilities-
Net Assets$40,561
Open 2022 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $250,835Expenses 2011: $281,492Net Income 2011: -$30,6572011Revenue 2012: $37,577Expenses 2012: $13,735Net Income 2012: $23,8422012Revenue 2013: $1,950Expenses 2013: $1,252Net Income 2013: $6982013Revenue 2014: $12,932Expenses 2014: $12,351Net Income 2014: $5812014Revenue 2017: $59,294Expenses 2017: $61,551Net Income 2017: -$2,2572017Revenue 2018: $501,732Expenses 2018: $461,375Net Income 2018: $40,3572018Revenue 2019: $0Expenses 2019: $19,576Net Income 2019: -$19,5762019Revenue 2020: $7,458Expenses 2020: $10,434Net Income 2020: -$2,9762020Expenses 2021: $1,8522021Revenue 2022: $100Expenses 2022: $1,624Net Income 2022: -$1,5242022Revenue 2023: $526,350Expenses 2023: $517,396Net Income 2023: $8,9542023Revenue 2024: $216,515Expenses 2024: $99,369Net Income 2024: $117,1462024Revenue 2025: $1,651,510Expenses 2025: $1,591,868Net Income 2025: $59,6422025

Highlighted filing

2022

Revenue$100
Expenses$1,624
Net Income-$1,524
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
May 10, 2023
Return Version
2021v4.1
Gross Receipts
$100
Mission and Program Overview

Mission

Provide economic development activities to allow resident economic success which grows community infrastructure and economic growth

Provide economic development

Program Services

DescriptionGrantsExpenses
Provide economic development activity to allow resident economic success which grows community infrastructure and economic growth.-$1,624
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darrin Muller SrChairman-$0--
Lorena SkonbergVice-Chair-$0--
Katherine PanamarioffSecretary-$0--
Jennifer TorsenDirector-$0--
Harold SquartsoffDirector-$0--
Herman AndersonDirector-$0--
Robert BoskofskyDirector-$0--
Larry ChichenoffDirector-$0--
Bill PylesDirector-$0--
Duncan FieldsAdministrative AgentPT$0--
Filing and Contact Details

Filer

Filer Name
Spruce Island Development
EIN
20-1622649
Address
4022 Cliffside Road, KODIAK, AK 99615

Signing Officer

Name
Duncan Fields
Title
Administrative Agent
Phone
9076802269
Signed
2023-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Kodiak Tax Service
Address
PO Box 1962, Kodiak, AK 99615
Preparer
Jerome Selby
Phone
9074864833
Supplemental Narrative

Additional Explanations

Page 1, Part I, Line 20, Other changes in net assets

“Prior years expenditure adjustments of $989 were made.”

Page 1, Item B, Change of Address and application pending

“This return was submitted as part of a Retroactive Reinstatement but the IRS just sent a letter dated 3/31/23 saying this return must be electronically filed. The reference on the letter is 0422628609. The reinstatement is”

complete but we can only now E-file the return. Please

“note the change of address for the Corporation to 4022 Cliffside Road, Kodiak, AK 99615.”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Duncan Fields
IRS990EZ/BooksInCareOfDetail/PhoneNum09074868835
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04022 Cliffside Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KODIAK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd099615
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041096
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0100
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IRS990EZ/ExcessOrDeficitForYearAmt0-1524
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IRS990EZ/OccupancyRentUtltsAndMaintAmt0680
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Darrin Muller Sr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lorena Skonberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Katherine Panamarioff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jennifer Torsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Harold Squartsoff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Herman Anderson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Robert Boskofsky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Larry Chichenoff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Bill Pyles
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Duncan Fields
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Administrative agent
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0989
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide economic development
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide economic development activity to allow resident economic success which grows community infrastructure and economic growth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01624
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01624
IRS990EZ/TotalProgramServiceExpensesAmt01624
IRS990EZ/TotalRevenueAmt0100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Corporation had $100 income in FY 22 but survived on prior public support of grants and donation for the year minimal survival expenditures. Thus, the Corporation continues to be a 100% public support corporation.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Page 2, Section C, Line 17a,10% facts and circumstances
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07458
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07458
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.01320
IRS990ScheduleA/PublicSupportPY170Pct00.14770
IRS990ScheduleA/PublicSupportTotal170Amt0100
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100
IRS990ScheduleA/TotalSupportAmt07558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Prior years expenditure adjustments of $989 were made.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1This return was submitted as part of a Retroactive Reinstatement but the IRS just sent a letter dated 3/31/23 saying this return must be electronically filed. The reference on the letter is 0422628609. The reinstatement is
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2note the change of address for the Corporation to 4022 Cliffside Road, Kodiak, AK 99615.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Page 1, Part I, Line 20, Other changes in net assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Page 1, Item B, Change of Address and application pending
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2complete but we can only now e-file the return. Please
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Duncan Fields
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Administrative Agent
ReturnHeader/BusinessOfficerGrp/PhoneNum09076802269
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Spruce Island Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corporation
ReturnHeader/Filer/BusinessNameControlTxt0SPRU
ReturnHeader/Filer/EIN0201622649
ReturnHeader/Filer/USAddress/AddressLine1Txt04022 Cliffside Road
ReturnHeader/Filer/USAddress/CityNm0KODIAK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099615
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920078275
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kodiak Tax Service
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1962
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kodiak
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099615
ReturnHeader/PreparerPersonGrp/PhoneNum09074864833
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jerome Selby
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-11T10:03:50-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Duncan
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Fields
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,461
Liabilities
-
Net assets
$40,561
Revenue
$100
Expenses
$1,624
Net income
-$1,524
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.65$1.59$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.22$0.10$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.00$0.05$0.53$0.52$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.04$0.00
2020Summary only. Only limited summary data is available for this year.$0.04$0.00$0.01$0.01$0.00
2019Summary only. Only limited summary data is available for this year.$0.05$0.00$0.00$0.02$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.50$0.46$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.06$0.06$0.00
2014Summary only. Only limited summary data is available for this year.$0.02$0.00$0.01$0.01$0.00
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.04$0.01$0.02
2011Summary only. Only limited summary data is available for this year.$0.01$0.01$0.00$0.25$0.28$0.03