Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990 • Fiscal year 2022 • EIN 92-0123006
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
34th percentile
Higher net margin than 34% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 12.1% of source-year revenue.
Asset Growth
7th percentile
Faster asset growth than 7% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Down$842,663
Down $207,580 (-20%) from 2021
Net Assets
Up$125,127
Up $4,290 (+3.6%) from 2021
Liabilities
Down$717,536
Down $211,870 (-23%) from 2021
Revenue
Up$1,542,933
Up $389,726 (+34%) from 2021
Expenses
Up$1,538,643
Up $390,283 (+34%) from 2021
Net Income
Down$4,290
Down $557 (-11%) from 2021
Aedc exists to grow and diversify the anchorage economy, promote a favorable business climate and to make anchorage the #1 place to live, work and play by 2030.
Aedc's vision and the basis of our live work play (lwp) initiative is to make anchorage the #1 city in america by 2030 through this process, we will improve our community and make anchorage a more competitive city that attracts and retains a talented workforce, a critical need if we are to draw new business investment to anchorage in the coming years. This vision is supported by our more than 250 investor companies, as well as the more than 200 volunteers and 158 partner organizations collaborating through lwp to make our city the best it can be.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $413,190 | $227,892 | ▼ $185,298 |
| Pledges and Grants Receivable | - | $52,702 | - |
| Accounts Receivable | $15,720 | $42,710 | ▲ $26,990 |
| Prepaid Expenses and Deferred Charges | $22,336 | $21,195 | ▼ $1,141 |
| Land, Buildings, and Equipment, Net | $18,361 | $19,523 | ▲ $1,162 |
| Total Assets | $1,050,243 | $842,663 | ▼ $207,580 |
| Other Assets Total | $580,636 | $478,641 | ▼ $101,995 |
| Liabilities | |||
| Other Liabilities | $573,622 | $478,961 | ▼ $94,661 |
| Accounts Payable and Accrued Expenses | $63,567 | $155,825 | ▲ $92,258 |
| Deferred Revenue | $292,217 | $82,750 | ▼ $209,467 |
| Total Liabilities | $929,406 | $717,536 | ▼ $211,870 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $120,837 | $125,127 | ▲ $4,290 |
| Total Net Assets Fund Balance | $120,837 | $125,127 | ▲ $4,290 |
| Total Liabilities and Net Assets / Fund Balance | $1,050,243 | $842,663 | ▼ $207,580 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $8,581 | $101,714 | $110,295 |
| Other Land Buildings | $10,942 | - | $10,942 |
| Other Assets Org | $10,801 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| William Popp | President/CEO | FT | $161,244 | $24,983 | $186,227 |
| Name | Title |
|---|---|
| Steve Noble | Chair |
| Mike Huston | Past Chair |
| Laura Edmondson | Vice Chair |
| Billy Wailand | Director |
| David Karp | Director |
| Garret Wong | Director |
| Mark Filipenko | Director |
| Matt Clarkson | Director |
| Michelle Klouda | Director |
| Sheldon Fisher | Director |
| Tim Thompson | Director |
| Walter Featherly | Director |
| Martin Bettis | Director, Resigned |
| Dave Cavitt | At-large |
| Ryan Strong | Secretary/treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Tip Strategies | Industry And Workforce Analysis | 13492 N HIGHWAY 183 SUITE 120-254, Austin, TX 78750 | $276,890 |
| Thompson & Co | Public Relations | 600 BARROW STREET SUITE 400, Anchorage, AK 99501 | $134,654 |
| Salt LLC | Consulting | 645 G STREET SUITE 301, Anchorage, AK 99501 | $100,500 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,024,209 |
| Salaries, Compensation, and Employee Benefits | $511,584 |
| Grants and Similar Amounts Paid | $2,850 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | - | - | - | $734,421 |
| Other Salaries and Wages | - | - | - | $265,317 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $186,227 |
| Occupancy | - | - | - | $96,926 |
| Payroll Taxes | - | - | - | $36,717 |
| Travel | - | - | - | $36,356 |
| Office Expenses | - | - | - | $35,533 |
| Fees for Services Accounting | - | - | - | $24,030 |
| Other Employee Benefits | - | - | - | $20,975 |
| Information Technology | - | - | - | $16,481 |
| Other Expenses | - | - | - | $8,839 |
| Conferences and Meetings | - | - | - | $8,653 |
| Insurance | - | - | - | $5,511 |
| Depreciation Depletion | - | - | - | $5,505 |
| Grants to Domestic Orgs | - | - | - | $2,850 |
| Pension Plan Contributions | - | - | - | $2,348 |
| Advertising | - | - | - | $20 |
| Total Functional Expenses | $0 | $0 | $0 | $1,538,643 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $90,772 |
| Fundraising Gross Income | $90,772 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Luncheon | $431,955 | $90,772 | - | $90,772 |
| Total Events | $431,955 | $90,772 | $90,772 | $0 |
| Liability | Amount |
|---|---|
| Right of Use - Operating Lease | $468,364 |
| Right of Use - Finance Lease | $10,597 |
“Staff, the organization's foraker consultant, and the board of directors review and approve the 990 prior to filing.”
“As of 2009, aedc has implemented, by inclusion to the aedc bylaws, a policy that members of the board adhere to financial conflict of interest disclosure requirements, and submit applicable disclosures on an annual basis. Members of the board of directors will be expected to review a list of vendors for which aedc plans to spend in excess of $10,000 in the coming fiscal year and subsequently fill out a disclosures questionnaire identifying any potential conflicts of interest of a financial nature in regards to companies which they or their immediate family members might have a business relationship. Board members with identified conflicts regarding a specific item on the budget spending will be expected to abstain from voting on the approval of the budget spending.”
“Compensation for the president/ceo of aedc is set by the collaborative efforts of the officers of the corporation, based on comparisons of similar organizations and consideration of skill set and experience. Increases in compensation are directly correlated to an annual review process, taking into account performance factors for the previous year.”
“Aedc provides copies of the irs form 990, or any other applicable governing documents, to any interested parties upon request or by inspection of in-house copies at our offices. Aedc is also aware that digital copies of the irs form 990 are available on the web at guidestar.org and provides annual updates to supplementary information postings in relation to the 990 form posting.”
“Governing documents, conflict of interest policy, and financial statements are available upon request with a three-day advance notice.”
“Public relations 119,423. Research & reports 134,740. Audio/visual 40,988. Consulting services 439,270.”
“Purpose to grow a prosperous, sustainable & diverse anchorage economy. Values integrity: being transparent and ethical in all our dealings credibility: demonstrating competency and expertise in everything that we do proactive: creating opportunities through innovative actions collaborative: leveraging our strengths with the strengths of others sustainability: assuring continuance of mission vision by 2030, anchorage will be the #1 midsize city in america to live, work, and play. - we will collaborate with strategic partners to accomplish our vision and priorities - we will secure investments in physical infrastructure and community redevelopment - we will be a strong advocate for affordable health care, housing, education and community safety, and addressing homelessness - we will be an advocate for workforce development and sound economic policy - we will develop, maintain, and improve anchorage's quality of life and unique recreational and creative opportunities - we will establish live. Work. Play. As the community-wide priority with broad-based support from the public and business community - we will establish and maintain a metric dashboard that ranks anchorage against other midsize cities in america.”
“A selection of artwork that is used to decorate the aedc offices and present a more professional and business-like environment.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 1 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 63567 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 155825 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 15720 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 42710 |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | AEDC'S VISION AND THE BASIS OF OUR LIVE WORK PLAY (LWP) INITIATIVE IS TO MAKE ANCHORAGE THE #1 CITY IN AMERICA BY 2030 THROUGH THIS PROCESS, WE WILL IMPROVE OUR COMMUNITY AND MAKE ANCHORAGE A MORE COMPETITIVE CITY THAT ATTRACTS AND RETAINS A TALENTED WORKFORCE, A CRITICAL NEED IF WE ARE TO DRAW NEW BUSINESS INVESTMENT TO ANCHORAGE IN THE COMING YEARS. THIS VISION IS SUPPORTED BY OUR MORE THAN 250 INVESTOR COMPANIES, AS WELL AS THE MORE THAN 200 VOLUNTEERS AND 158 PARTNER ORGANIZATIONS COLLABORATING THROUGH LWP TO MAKE OUR CITY THE BEST IT CAN BE. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 20 |
| IRS990/AllOtherContributionsAmt | 0 | 18905 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE FORAKER GROUP |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9077431200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 161 KLEVIN STREET SUITE 101 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ANCHORAGE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AK |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 99508 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 413190 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 227892 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/CollectionsOfArtInd | 0 | 1 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 186227 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8653 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 276890 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 134654 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 100500 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 13492 N HIGHWAY 183 SUITE 120-254 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 600 BARROW STREET SUITE 400 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 645 G STREET SUITE 301 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | AUSTIN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | ANCHORAGE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | ANCHORAGE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | AK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | AK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 78750 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 99501 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 99501 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | TIP STRATEGIES |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | THOMPSON & CO |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | SALT LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | INDUSTRY AND WORKFORCE ANALYSIS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | PUBLIC RELATIONS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | CONSULTING |
| IRS990/ContriRptFundraisingEventAmt | 0 | 341184 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1415526 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 2850 |
| IRS990/CYInvestmentIncomeAmt | 0 | 217 |
| IRS990/CYOtherExpensesAmt | 0 | 1024209 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 127190 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 4290 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 511584 |
| IRS990/CYTotalExpensesAmt | 0 | 1538643 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1542933 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 292217 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 82750 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 5505 |
| IRS990/Desc | 0 | 2022 EFFORTS WERE FOCUSED ON FINISHING RESEARCH ON THE "CHOOSE ANCHORAGE" PLAN, COMPLETING A DESTINATION DEVELOPMENT ASSESSMENT OF ANCHORAGE AND STANDARD ACTIVITIES OF HELPING BUSINESSES IN ANCHORAGE AS WELL AS HOSTING PUBLIC EVENTS TO EDUCATE THE COMMUNITY ON ECONOMIC MATTERS. AEDC COMPLETED WORK ON THE "CHOOSE ANCHORAGE" PLAN IN 2022. CHOOSE ANCHORAGE IS A COMPREHENSIVE RESEARCH REPORT THAT WAS FUNDED BY A UNITED STATES ECONOMIC DEVELOPMENT ADMINISTRATION GRANT. RESEARCH CENTERED AROUND A WORKFORCE AND INDUSTRY CLUSTER ANALYSIS THAT RESULTED IN A COMPREHENSIVE RESEARCH PLAN AND ASSOCIATED ACTION PLAN FOCUSED ON INCREASING ANCHORAGE'S WORKING AGE ADULT POPULATION AND THE OVERALL ECONOMY. RESEARCH WAS CONDUCTED FOR THE MAJORITY OF THE YEAR THROUGH ROUNDTABLE DISCUSSIONS, KEY STAKEHOLDER INTERVIEWS AND ANALYTICAL ANALYSIS AND FINALLY COMPLETED IN NOVEMBER. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 24030 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 734421 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 6723 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | STEVE NOBLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LAURA EDMONDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | RYAN STRONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MIKE HUSTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVE CAVITT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | WALTER FEATHERLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TIM THOMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MARK FILIPENKO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SHELDON FISHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DAVID KARP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MICHELLE KLOUDA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | BILLY WAILAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | GARRET WONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MATT CLARKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MARTIN BETTIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | WILLIAM POPP |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 179504 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | AT-LARGE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR, RESIGNED |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | PRESIDENT/CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1987 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
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| IRS990/FundraisingDirectExpensesAmt | 0 | 90772 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 90772 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GovernmentGrantsAmt | 0 | 707187 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 2850 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
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| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
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| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 5511 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 217 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 217 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 19523 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 121237 |
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| IRS990/LocalChaptersInd | 0 | 0 |
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| IRS990/MembershipDuesAmt | 0 | 348250 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | AEDC EXISTS TO GROW A PROSPEROUS, SUSTAINABLE AND DIVERSE ANCHORAGE ECONOMY AND HAS A VISION FOR ANCHORAGE TO BE THE #1 MIDSIZE CITY IN AMERICA TO LIVE, WORK, AND PLAY. |
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| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
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| IRS990/NoncashContributionsAmt | 0 | 18905 |
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| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 478641 |
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| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 13000 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 8839 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 478961 |
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| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 36717 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2348 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 52702 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 22336 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 21195 |
| IRS990/PrincipalOfficerNm | 0 | WILLIAM R POPP |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM REVENUE |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 127190 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | AEDC COMPLETED WORK WITH ROGER BROOKS, WHO IS A DESTINATION DEVELOPMENT EXPERT THAT HAS ASSESSED OVER 2,000 CITIES IN THE UNITED STATES THROUGH THE EYES OF A VISITOR, RESIDENT, AND POTENTIAL INVESTOR. AEDC PARTNERED WITH THE ANCHORAGE COMMUNITY DEVELOPMENT AUTHORITY TO BRING HIM TO ANCHORAGE IN THE SUMMER AND WINTER MONTHS FOR A COMPREHENSIVE ANALYSIS. ROGER GAVE A LIST OF OVER 50 RECOMMENDATIONS THAT ANCHORAGE COULD IMPLEMENT TO MAKE ANCHORAGE A MORE ATTRACTIVE CITY TO LIVE, WORK AND PLAY. THIS RESEARCH WAS PRESENTED IN TWO PUBLIC PRESENTATIONS, MADE AVAILABLE ON AEDC'S WEBSITE AND AEDC PARTICIPATED IN A TASKFORCE CONVENED BY THE MAYOR OF ANCHORAGE FOCUSED ON IMPLEMENTING THE RECOMMENDATIONS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | AEDC HOSTED IN-PERSON EVENTS FOR THE FIRST TIME SINCE THE PANDEMIC, WITH THE LARGEST BEING THE 2022 ECONOMIC FORECAST LUNCHEON AND THE 3-YEAR OUTLOOK LUNCHEON. ECONOMIC FORECASTTHE 2022 ECONOMIC FORECAST LUNCHEON IN JANUARY LOOKS INTO THE YEAR AHEAD BASED ON EMPLOYMENT, POPULATION, AND DEMOGRAPHIC DATA; PROVIDES A SNAPSHOT LOOK AT THE LABOR FORCE; AND OFFERS AN UPDATE ON CONSUMER AND BUSINESS CONFIDENCE. EVENT WAS HELD IN-PERSON AT THE DENA'INA CENTER IN ANCHORAGE. KEYNOTE PRESENTATION: RICHARD SMITH OF FEDEX TICKETS SOLD: 1,072 3-YEAR OUTLOOKTHE 3-YEAR OUTLOOK LUNCHEON DISCUSSES THE PROJECTED TRAJECTORY OF THE LOCAL ECONOMY BASED ON A REVIEW OF HISTORICAL AND CURRENT DATA, INTERVIEWS WITH REPRESENTATIVES OF BUSINESSES AND ORGANIZATIONS, AND ANALYSIS OF CURRENT EVENTS. THE OUTLOOK CONSIDERS TRENDS IN EIGHT KEY INDICATORS INCLUDING POPULATION, EMPLOYMENT, PERSONAL INCOME, AIR PASSENGER AND FREIGHT VOLUMES, BUILDING PERMITS, PORT OF ALASKA TONNAGE, VISITOR INDUSTRY ACTIVITY AND OIL PRICES. EVENT WAS HELD IN-PERSON AT THE DENA'INA CENTER IN ANCHORAGE. KEYNOTE PRESENTATION: ROGER BROOKS, DESTINATION DEVELOPMENT EXPERT TICKETS SOLD: 1,130 |
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| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1027373 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1395 |
| IRS990/PYOtherExpensesAmt | 0 | 652966 |
| IRS990/PYOtherRevenueAmt | 0 | -9927 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 134366 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 4847 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 494394 |
| IRS990/PYTotalExpensesAmt | 0 | 1148360 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1153207 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4290 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt | 0 | 10942 |
| IRS990ScheduleD/CollectionUsedPubExhibitionInd | 0 | X |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 8581 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 101714 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 110295 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 5000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 8553 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 454287 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 10801 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DEPOSITS FOR EVENTS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | SECURITY DEPOSITS LONG TERM |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | RIGHT OF USE - OPERATING LEASE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | ROU ASSET FINANCE LEASE |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 10942 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 10942 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 468364 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 10597 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | RIGHT OF USE - OPERATING LEASE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | RIGHT OF USE - FINANCE LEASE |
| IRS990ScheduleD/SolicitedAssetsSaleInd | 0 | 0 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | A SELECTION OF ARTWORK THAT IS USED TO DECORATE THE AEDC OFFICES AND PRESENT A MORE PROFESSIONAL AND BUSINESS-LIKE ENVIRONMENT. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART III, LINE 4: |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 478641 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 478961 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 341183 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 90772 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | LUNCHEON |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 431955 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 431955 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 90772 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 90772 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 90772 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 90772 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 161244 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 18260 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 4867 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 1856 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | WILLIAM POPP |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT/CEO |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleJ/WrittenEmploymentContractInd | 0 | X |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | STAFF, THE ORGANIZATION'S FORAKER CONSULTANT, AND THE BOARD OF DIRECTORS REVIEW AND APPROVE THE 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AS OF 2009, AEDC HAS IMPLEMENTED, BY INCLUSION TO THE AEDC BYLAWS, A POLICY THAT MEMBERS OF THE BOARD ADHERE TO FINANCIAL CONFLICT OF INTEREST DISCLOSURE REQUIREMENTS, AND SUBMIT APPLICABLE DISCLOSURES ON AN ANNUAL BASIS. MEMBERS OF THE BOARD OF DIRECTORS WILL BE EXPECTED TO REVIEW A LIST OF VENDORS FOR WHICH AEDC PLANS TO SPEND IN EXCESS OF $10,000 IN THE COMING FISCAL YEAR AND SUBSEQUENTLY FILL OUT A DISCLOSURES QUESTIONNAIRE IDENTIFYING ANY POTENTIAL CONFLICTS OF INTEREST OF A FINANCIAL NATURE IN REGARDS TO COMPANIES WHICH THEY OR THEIR IMMEDIATE FAMILY MEMBERS MIGHT HAVE A BUSINESS RELATIONSHIP. BOARD MEMBERS WITH IDENTIFIED CONFLICTS REGARDING A SPECIFIC ITEM ON THE BUDGET SPENDING WILL BE EXPECTED TO ABSTAIN FROM VOTING ON THE APPROVAL OF THE BUDGET SPENDING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION FOR THE PRESIDENT/CEO OF AEDC IS SET BY THE COLLABORATIVE EFFORTS OF THE OFFICERS OF THE CORPORATION, BASED ON COMPARISONS OF SIMILAR ORGANIZATIONS AND CONSIDERATION OF SKILL SET AND EXPERIENCE. INCREASES IN COMPENSATION ARE DIRECTLY CORRELATED TO AN ANNUAL REVIEW PROCESS, TAKING INTO ACCOUNT PERFORMANCE FACTORS FOR THE PREVIOUS YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AEDC PROVIDES COPIES OF THE IRS FORM 990, OR ANY OTHER APPLICABLE GOVERNING DOCUMENTS, TO ANY INTERESTED PARTIES UPON REQUEST OR BY INSPECTION OF IN-HOUSE COPIES AT OUR OFFICES. AEDC IS ALSO AWARE THAT DIGITAL COPIES OF THE IRS FORM 990 ARE AVAILABLE ON THE WEB AT GUIDESTAR.ORG AND PROVIDES ANNUAL UPDATES TO SUPPLEMENTARY INFORMATION POSTINGS IN RELATION TO THE 990 FORM POSTING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST WITH A THREE-DAY ADVANCE NOTICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | PUBLIC RELATIONS 119,423. RESEARCH & REPORTS 134,740. AUDIO/VISUAL 40,988. CONSULTING SERVICES 439,270. |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.