Civic Intelligence

Fairbanks Economic Development Corp

EIN 92-0036148 • 501(c)6 • Fairbanks, AK

Profile

To assist in creating new jobs and new economic opportunities for residents of the fairbanks north star borough and our economic area.

330 Wendell Ave Suite EFairbanks, AK 99701

www.investfairbanks.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.13x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.12x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

35th percentile

-1.2%

Higher net margin than 35% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

34th percentile

-1.8%

Faster asset growth than 34% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-15%

Faster revenue growth than 11% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$547,917

Down $10,210 (-1.8%) from 2023

Liabilities

Down

$72,399

Down $2,873 (-3.8%) from 2023

Net Assets

Down

$475,518

Down $7,337 (-1.5%) from 2023

Operations
Liabilities / Revenue63rd percentileNet Margin35th percentile

Revenue

Down

$596,414

Down $106,694 (-15%) from 2023

Expenses

Up

$603,751

Up $32,846 (+5.8%) from 2023

Net Income

Down

-$7,337

Down $139,540 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $194,404Liabilities 2010: $28,855Net Assets 2010: $165,5492010Assets 2011: $198,550Liabilities 2011: $25,810Net Assets 2011: $172,7402011Assets 2012: $200,397Liabilities 2012: $27,886Net Assets 2012: $172,5112012Assets 2013: $226,205Liabilities 2013: $25,144Net Assets 2013: $201,0612013Assets 2014: $256,838Liabilities 2014: $32,739Net Assets 2014: $224,0992014Assets 2015: $306,458Liabilities 2015: $23,880Net Assets 2015: $282,5782015Assets 2016: $278,838Liabilities 2016: $14,450Net Assets 2016: $264,3882016Assets 2017: $272,770Liabilities 2017: $18,061Net Assets 2017: $254,7092017Assets 2018: $266,996Liabilities 2018: $23,443Net Assets 2018: $243,5532018Assets 2019: $233,634Liabilities 2019: $22,054Net Assets 2019: $211,5802019Assets 2020: $336,743Liabilities 2020: $27,845Net Assets 2020: $308,8982020Assets 2021: $431,988Liabilities 2021: $39,089Net Assets 2021: $392,8992021Assets 2022: $415,997Liabilities 2022: $65,345Net Assets 2022: $350,6522022Assets 2023: $558,127Liabilities 2023: $75,272Net Assets 2023: $482,8552023Assets 2024: $547,917Liabilities 2024: $72,399Net Assets 2024: $475,5182024

Highlighted filing

2024

Assets$547,917
Liabilities$72,399
Net Assets$475,518
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $661,4902010Revenue 2011: $644,874Expenses 2011: $637,683Net Income 2011: $7,1912011Revenue 2012: $647,145Expenses 2012: $647,374Net Income 2012: -$2292012Revenue 2013: $655,790Expenses 2013: $627,240Net Income 2013: $28,5502013Revenue 2014: $635,795Expenses 2014: $612,757Net Income 2014: $23,0382014Revenue 2015: $608,006Expenses 2015: $549,527Net Income 2015: $58,4792015Revenue 2016: $599,090Expenses 2016: $617,280Net Income 2016: -$18,1902016Revenue 2017: $599,431Expenses 2017: $609,110Net Income 2017: -$9,6792017Revenue 2018: $593,706Expenses 2018: $604,862Net Income 2018: -$11,1562018Revenue 2019: $612,504Expenses 2019: $644,477Net Income 2019: -$31,9732019Revenue 2020: $635,729Expenses 2020: $538,411Net Income 2020: $97,3182020Revenue 2021: $650,297Expenses 2021: $566,296Net Income 2021: $84,0012021Revenue 2022: $456,985Expenses 2022: $499,232Net Income 2022: -$42,2472022Revenue 2023: $703,108Expenses 2023: $570,905Net Income 2023: $132,2032023Revenue 2024: $596,414Expenses 2024: $603,751Net Income 2024: -$7,3372024

Highlighted filing

2024

Revenue$596,414
Expenses$603,751
Net Income-$7,337
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$547,917
Liabilities
$72,399
Net assets
$475,518
Revenue
$596,414
Expenses
$603,751
Net income
-$7,337
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.48$0.72$4.76$5.96$6.04$0.07
2023Detailed filing. Detailed filing data is available for this year.$5.58$0.75$4.83$7.03$5.71$1.32
2022Detailed filing. Detailed filing data is available for this year.$4.16$0.65$3.51$4.57$4.99$0.42
2021Detailed filing. Detailed filing data is available for this year.$4.32$0.39$3.93$6.50$5.66$0.84
2020Detailed filing. Detailed filing data is available for this year.$3.37$0.28$3.09$6.36$5.38$0.97
2019Detailed filing. Detailed filing data is available for this year.$2.34$0.22$2.12$6.13$6.44$0.32
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.23$2.44$5.94$6.05$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.73$0.18$2.55$5.99$6.09$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.79$0.14$2.64$5.99$6.17$0.18
2015Summary only. Only limited summary data is available for this year.$3.06$0.24$2.83$6.08$5.50$0.58
2014Summary only. Only limited summary data is available for this year.$2.57$0.33$2.24$6.36$6.13$0.23
2013Summary only. Only limited summary data is available for this year.$2.26$0.25$2.01$6.56$6.27$0.29
2012Summary only. Only limited summary data is available for this year.$2.00$0.28$1.73$6.47$6.47$0.00
2011Summary only. Only limited summary data is available for this year.$1.99$0.26$1.73$6.45$6.38$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.29$1.66$6.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$596,414
Mission and Program Overview

Mission

To assist in creating new jobs and new economic opportunities for residents of the fairbanks north star borough and our economic area.

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$299,491$236,790▼ $62,701
Savings and Temporary Cash Investments$154,908$159,748▲ $4,840
Accounts Receivable$59,500$106,516▲ $47,016
Prepaid Expenses and Deferred Charges$5,928$7,819▲ $1,891
Land, Buildings, and Equipment, Net$5,548$3,310▼ $2,238
Total Assets$558,127$547,917▼ $10,210
Other Assets Total$32,752$33,734▲ $982
Liabilities
Accounts Payable and Accrued Expenses$42,520$38,665▼ $3,855
Other Liabilities$32,752$33,734▲ $982
Total Liabilities$75,272$72,399▼ $2,873
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$482,855$475,518▼ $7,337
Total Net Assets Fund Balance$482,855$475,518▼ $7,337
Total Liabilities and Net Assets / Fund Balance$558,127$547,917▼ $10,210

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,310$59,041$62,351
Other Assets Org$33,734--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Jomo StewartCurrent President/CEOFT$130,365$130,365

Board Members and Trustees

NameTitle
Jeff PutnamBoard Chair
Geri SimonVice-chair
Bruno GrunauDirector
Crystal TidwellDirector
Dan WhiteDirector
Elena SudduthDirector
Grier HopkinsDirector
Lou FlorenceDirector
Steve LundgrenDirector
Amy CookSecretary
Angie TallantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$484,358
Program Service Revenue
$104,259
Investment Income
$4,848
Other Revenue
$2,949
All Other Contributions
$56,750
Change in Net Assets
$-7,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$353,035
Other Expenses$250,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$168,890
Current Officers, Directors, Trustees, and Key Employees---$133,750
Fees for Services Other---$67,172
Occupancy---$44,733
Other Employee Benefits---$25,280
Payroll Taxes---$25,115
All Other Expenses---$19,128
Fees for Services Accounting---$14,025
Other Expenses---$8,806
Travel---$6,878
Insurance---$3,088
Office Expenses---$2,513
Depreciation Depletion---$2,237
Fees for Services Legal---$1,245
Total Functional Expenses$0$0$0$603,751
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$33,734
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Once the form 990 has been completed, the executive assistant/fiscal manager and the president/ceo both review the draft of the 990 for accuracy and completeness, working with the preparer as necessary to make any corrections. The 990 is then forwarded to the finance committee who will conduct a final review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Fedc has guidelines to avoid real or potential conflicts of interest including a system where board members and employees are required to present in writing any conflict of interest to the fedc board of directors. Any potential conflicts of interest are also reviewed through fedc's annual audit.”

Form 990, Part VI, Section B, Line 15

“The current ceo was hired several years ago. At that time, the board of directors undertook a large scale, nationwide search for a ceo. As part of this process, the board evaluated compensation and benefit packages for comparable positions, and the experience and expertise required of the person for this position.”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public upon request. Annual financial statements are included in annual reports that are provided to grantors, and governmental entities, and are available on the fedc website.”

Filing and Contact Details

Filer

Filer Name
Fairbanks Economic Development Corp
EIN
92-0036148
Phone
9074522185
Address
330 WENDELL AVE SUITE E, FAIRBANKS, AK 99701

Signing Officer

Name
Jomo Stewart
Title
President and CEO
Phone
9074522185
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jomo Stewart
Formed
1968
Legal Domicile
Ak
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
17

Preparer

Firm
Rjg a Professional Corporation
Address
1100 WEST BARNETTE SUITE 102, FAIRBANKS, AK 99701
Preparer
Debra J Gross
Phone
9074524156
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Ak defense forum project services 9,750. Community economic report services 35,855. It services 17,632. Other professional fees 185. Photography services 3,750.”

Form 990, Part IX, Line 24E

“Other miscellaneous expenses 8,352. Dues & subscriptions 7,449. Tour transportation 3,327.”

Raw XML Appendix392 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.

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IRS990/OfficeExpensesGrp/TotalAmt02513
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt032752
IRS990/OtherAssetsTotalGrp/EOYAmt033734
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025280
IRS990/OtherExpensesGrp/Desc0EVENT & CONFERENCE FACI
IRS990/OtherExpensesGrp/Desc1PROMOTION & RESEARCH
IRS990/OtherExpensesGrp/Desc2TELEPHONE/UTILITIES
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL MEETINGS:
IRS990/OtherExpensesGrp/TotalAmt052080
IRS990/OtherExpensesGrp/TotalAmt119736
IRS990/OtherExpensesGrp/TotalAmt29075
IRS990/OtherExpensesGrp/TotalAmt38806
IRS990/OtherLiabilitiesGrp/BOYAmt032752
IRS990/OtherLiabilitiesGrp/EOYAmt033734
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02949
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02949
IRS990/OtherRevenueTotalAmt02949
IRS990/OtherSalariesAndWagesGrp/TotalAmt0168890
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt025115
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05928
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07819
IRS990/PrincipalOfficerNm0JOMO STEWART
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ALASKA DEFENSE FORUM R
IRS990/ProgramServiceRevenueGrp/Desc1THINK LOCCAL AND YOUNG
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt095775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18484
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18484
IRS990/ProgSrvcAccomActy2Grp/Desc0MILITARY AND ALASKA DEFENSE FORUM: THE FEDC MILITARY PROGRAM SEEKS TO ANCHOR, LEVERAGE AND GROW THE MILITARY INDUSTRY IN INTERIOR ALASKA. THE MILITARY INDUSTRY ACCOUNTS FOR ROUGHLY A THIRD OF THE LOCAL ECONOMY - WHILE ALASKA, AND SPECIFICALLY THE INTERIOR, OFFERS THE UNITED STATES THE MOST STRATEGIC LOCATION ON ITS SOIL FROM WHICH TO PROJECT POWER ACROSS THE NORTHERN HEMISPHERE AND ASIA/PACIFIC RIM. FEDC WORKS BROADLY TO ENGAGE THE MILITARY THROUGH DIRECT CONTACTS AND LOCAL AND NATIONAL ASSOCIATIONS TO ENHANCE ALASKA'S AND THE COMMUNITY'S COMPETITIVE POSITION IN THE NATIONAL MILITARY "MARKETPLACE".
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt078796
IRS990/ProgSrvcAccomActy3Grp/Desc0RURAL OUTREACH: FAIRBANKS STRIVES TO BE THE ECONOMIC, RECREATIONAL AND CULTURAL HUB OF INTERIOR AND NORTHERN ALASKA. THE CITY HAS LONG SERVED AS A CONDUIT FOR COMMERCE; TRADE, TRANSPORTATION, AND NATURAL RESOURCE DEVELOPMENT BEING ITS UNDERPINNING. IN ORDER TO DEVELOP RELATIONSHIPS AND BUILD REGIONAL CAPACITY, FEDC WORKS WITH THE FAIRBANKS INTERNATIONAL AIRPORT, FAIRBANKS NORTH STAR BOROUGH, GREATER FAIRBANKS CHAMBER OF COMMERCE, TANANAN CHIEFS CONFERENCE, LEADERS OF INTERIOR COMMUNITIES, AND MORE, TO ADVANCE THE COLLECTIVE NEEDS OF THE REGION BY WORKING ON THE FOLLOWING PROJECTS: REGIONAL MARKETING, ORGANIZATION OF TRADE MISSIONS TO INTERIOR COMMUNITIES, MONITORING BYPASS MAIL LEGISLATION, SUPPORTING TRANSPORTATION ROUTES TO RURAL COMMUNITIES, AND THE STAMP YOUR BUSINESS "CERTIFIED BUSH FRIENDLY" PROJECT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06026
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS INCLUDE GROW FAIRBANKS, COLD WEATHER TESTING, RURAL OUTREACH, COMMUNITY ECONOMIC MODELING, AND FORESTRY & MINING.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0688624
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02458
IRS990/PYOtherExpensesAmt0220119
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012026
IRS990/PYRevenuesLessExpensesAmt0132203
IRS990/PYSalariesCompEmpBnftPaidAmt0350786
IRS990/PYTotalExpensesAmt0570905
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0703108
IRS990/ReconcilationRevenueExpnssAmt0-7337
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0154908
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0159748
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03310
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059041
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt062351
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt033734
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033734
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03310
IRS990ScheduleD/TotalBookValueOtherAssetsAmt033734
IRS990ScheduleD/TotalLiabilityAmt033734
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONCE THE FORM 990 HAS BEEN COMPLETED, THE EXECUTIVE ASSISTANT/FISCAL MANAGER AND THE PRESIDENT/CEO BOTH REVIEW THE DRAFT OF THE 990 FOR ACCURACY AND COMPLETENESS, WORKING WITH THE PREPARER AS NECESSARY TO MAKE ANY CORRECTIONS. THE 990 IS THEN FORWARDED TO THE FINANCE COMMITTEE WHO WILL CONDUCT A FINAL REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FEDC HAS GUIDELINES TO AVOID REAL OR POTENTIAL CONFLICTS OF INTEREST INCLUDING A SYSTEM WHERE BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO PRESENT IN WRITING ANY CONFLICT OF INTEREST TO THE FEDC BOARD OF DIRECTORS. ANY POTENTIAL CONFLICTS OF INTEREST ARE ALSO REVIEWED THROUGH FEDC'S ANNUAL AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CURRENT CEO WAS HIRED SEVERAL YEARS AGO. AT THAT TIME, THE BOARD OF DIRECTORS UNDERTOOK A LARGE SCALE, NATIONWIDE SEARCH FOR A CEO. AS PART OF THIS PROCESS, THE BOARD EVALUATED COMPENSATION AND BENEFIT PACKAGES FOR COMPARABLE POSITIONS, AND THE EXPERIENCE AND EXPERTISE REQUIRED OF THE PERSON FOR THIS POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL FINANCIAL STATEMENTS ARE INCLUDED IN ANNUAL REPORTS THAT ARE PROVIDED TO GRANTORS, AND GOVERNMENTAL ENTITIES, AND ARE AVAILABLE ON THE FEDC WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AK DEFENSE FORUM PROJECT SERVICES 9,750. COMMUNITY ECONOMIC REPORT SERVICES 35,855. IT SERVICES 17,632. OTHER PROFESSIONAL FEES 185. PHOTOGRAPHY SERVICES 3,750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER MISCELLANEOUS EXPENSES 8,352. DUES & SUBSCRIPTIONS 7,449. TOUR TRANSPORTATION 3,327.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0558127
IRS990/TotalAssetsEOYAmt0547917
IRS990/TotalAssetsGrp/BOYAmt0558127
IRS990/TotalAssetsGrp/EOYAmt0547917
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0484358
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0603751
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075272
IRS990/TotalLiabilitiesEOYAmt072399
IRS990/TotalLiabilitiesGrp/BOYAmt075272
IRS990/TotalLiabilitiesGrp/EOYAmt072399
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0482855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0475518
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0124170
IRS990/TotalProgramServiceRevenueAmt0104259
IRS990/TotalReportableCompFromOrgAmt0130365
IRS990/TotalRevenueGrp/ExclusionAmt04848
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0107208
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0596414
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt017
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0558127
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0547917
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt06878
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0330 WENDELL AVE
IRS990/USAddress/CityNm0FAIRBANKS
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd099701
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.INVESTFAIRBANKS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOMO STEWART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09074522185
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIRBANKS ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
ReturnHeader/Filer/EIN0920036148
ReturnHeader/Filer/PhoneNum09074522185
ReturnHeader/Filer/USAddress/AddressLine1Txt0330 WENDELL AVE SUITE E
ReturnHeader/Filer/USAddress/CityNm0FAIRBANKS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920121157
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RJG A PROFESSIONAL CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01100 WEST BARNETTE SUITE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRBANKS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099701
ReturnHeader/PreparerPersonGrp/PhoneNum09074524156
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBRA J GROSS
ReturnHeader/ReturnTs02025-06-05T18:47:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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