Civic Intelligence

Anchorage Economic Development Corporation

990 • Fiscal year 2022 • EIN 92-0123006

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 25, 2023

510 L Street 603Anchorage, AK 99501

(907) 258-3700

Siviq Scores

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

Liabilities / Assets

96th percentile

0.85x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.47x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

34th percentile

0.3%

Higher net margin than 34% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$186,227

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

7th percentile

-20%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

79th percentile

34%

Faster revenue growth than 79% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

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

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $454,287Liabilities 2010: $161,447Net Assets 2010: $292,8402010Assets 2011: $547,162Liabilities 2011: $254,757Net Assets 2011: $292,4052011Assets 2012: $468,846Liabilities 2012: $136,473Net Assets 2012: $332,3732012Assets 2013: $504,253Liabilities 2013: $249,718Net Assets 2013: $254,5352013Assets 2014: $489,487Liabilities 2014: $190,052Net Assets 2014: $299,4352014Assets 2015: $583,451Liabilities 2015: $321,143Net Assets 2015: $262,3082015Assets 2016: $439,345Liabilities 2016: $256,567Net Assets 2016: $182,7782016Assets 2017: $396,265Liabilities 2017: $211,414Net Assets 2017: $184,8512017Assets 2018: $307,932Liabilities 2018: $183,951Net Assets 2018: $123,9812018Assets 2019: $260,961Liabilities 2019: $176,684Net Assets 2019: $84,2772019Assets 2020: $968,001Liabilities 2020: $852,011Net Assets 2020: $115,9902020Assets 2021: $1,050,243Liabilities 2021: $929,406Net Assets 2021: $120,8372021Assets 2022: $842,663Liabilities 2022: $717,536Net Assets 2022: $125,1272022Assets 2023: $1,521,566Liabilities 2023: $634,140Net Assets 2023: $887,4262023Assets 2024: $785,755Liabilities 2024: $557,959Net Assets 2024: $227,7962024

Highlighted filing

2022

Assets$842,663
Liabilities$717,536
Net Assets$125,127

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,108,3042010Revenue 2011: $1,112,756Expenses 2011: $1,113,191Net Income 2011: -$4352011Expenses 2012: $1,540,5332012Revenue 2013: $2,410,103Expenses 2013: $2,487,941Net Income 2013: -$77,8382013Revenue 2014: $2,368,754Expenses 2014: $2,323,854Net Income 2014: $44,9002014Revenue 2015: $1,602,808Expenses 2015: $1,639,935Net Income 2015: -$37,1272015Revenue 2016: $1,598,842Expenses 2016: $1,678,372Net Income 2016: -$79,5302016Revenue 2017: $1,555,288Expenses 2017: $1,553,215Net Income 2017: $2,0732017Revenue 2018: $1,322,591Expenses 2018: $1,383,461Net Income 2018: -$60,8702018Revenue 2019: $1,087,453Expenses 2019: $1,127,157Net Income 2019: -$39,7042019Revenue 2020: $1,124,825Expenses 2020: $1,093,112Net Income 2020: $31,7132020Revenue 2021: $1,153,207Expenses 2021: $1,148,360Net Income 2021: $4,8472021Revenue 2022: $1,542,933Expenses 2022: $1,538,643Net Income 2022: $4,2902022Revenue 2023: $1,862,002Expenses 2023: $1,073,203Net Income 2023: $788,7992023Revenue 2024: $325,386Expenses 2024: $963,516Net Income 2024: -$638,1302024

Highlighted filing

2022

Revenue$1,542,933
Expenses$1,538,643
Net Income$4,290
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 25, 2023
Return Version
2022v5.0
Gross Receipts
$1,633,705
Mission and Program Overview

Mission

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.

Balance Sheet Detail
LineBeginningEndChange
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 Categories

AssetBook ValueDepreciationBasis
Equipment$8,581$101,714$110,295
Other Land Buildings$10,942-$10,942
Other Assets Org$10,801--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William PoppPresident/CEOFT$161,244$24,983$186,227

Board Members and Trustees

NameTitle
Steve NobleChair
Mike HustonPast Chair
Laura EdmondsonVice Chair
Billy WailandDirector
David KarpDirector
Garret WongDirector
Mark FilipenkoDirector
Matt ClarksonDirector
Michelle KloudaDirector
Sheldon FisherDirector
Tim ThompsonDirector
Walter FeatherlyDirector
Martin BettisDirector, Resigned
Dave CavittAt-large
Ryan StrongSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Tip StrategiesIndustry And Workforce Analysis13492 N HIGHWAY 183 SUITE 120-254, Austin, TX 78750$276,890
Thompson & CoPublic Relations600 BARROW STREET SUITE 400, Anchorage, AK 99501$134,654
Salt LLCConsulting645 G STREET SUITE 301, Anchorage, AK 99501$100,500
Revenue and Support

Revenue Composition

Contributions and Grants
$1,415,526
Program Service Revenue
$127,190
Investment Income
$217
Other Revenue
$0
All Other Contributions
$18,905
Change in Net Assets
$4,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
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

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
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
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$90,772
Fundraising Gross Income$90,772
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$431,955$90,772-$90,772
Total Events$431,955$90,772$90,772$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
Right of Use - Operating Lease$468,364
Right of Use - Finance Lease$10,597
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

Staff, the organization's foraker consultant, and the board of directors review and approve the 990 prior to filing.

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

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.

Form 990, Part VI, Section B, Line 15

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.

Form 990, Part VI, Section C, Line 18

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.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon request with a three-day advance notice.

Filing and Contact Details

Filer

Filer Name
Anchorage Economic Development
EIN
92-0123006
Phone
9072583700
Address
510 L STREET 603, ANCHORAGE, AK 99501

Signing Officer

Name
William R Popp
Title
President/CEO
Phone
9072583700
Signed
2023-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William R Popp
Formed
1987
Legal Domicile
Ak
Voting Board Members
14
Independent Board Members
14
Employees
7
Volunteers
50

Preparer

Firm
Thomas Head & Greisen Pc
Address
1400 WEST BENSON BLVD 400, ANCHORAGE, AK 99503-3683
Preparer
Cindy L Hulquist CPA
Phone
9072721571
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Public relations 119,423. Research & reports 134,740. Audio/visual 40,988. Consulting services 439,270.

Form 990, Part 1, Line 1

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.

Financial Statement Notes

PART III, LINE 4:

A selection of artwork that is used to decorate the aedc offices and present a more professional and business-like environment.

Raw XML AppendixShowing 400 of 490 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt063567
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0155825
IRS990/AccountsReceivableGrp/BOYAmt015720
IRS990/AccountsReceivableGrp/EOYAmt042710
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AEDC'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/TotalAmt020
IRS990/AllOtherContributionsAmt018905
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE FORAKER GROUP
IRS990/BooksInCareOfDetail/PhoneNum09077431200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0161 KLEVIN STREET SUITE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANCHORAGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099508
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0413190
IRS990/CashNonInterestBearingGrp/EOYAmt0227892
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd01
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0186227
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt08653
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0276890
IRS990/ContractorCompensationGrp/CompensationAmt1134654
IRS990/ContractorCompensationGrp/CompensationAmt2100500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt013492 N HIGHWAY 183 SUITE 120-254
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1600 BARROW STREET SUITE 400
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2645 G STREET SUITE 301
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0AUSTIN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ANCHORAGE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2ANCHORAGE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1AK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2AK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd078750
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd199501
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd299501
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0TIP STRATEGIES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1THOMPSON & CO
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SALT LLC
IRS990/ContractorCompensationGrp/ServicesDesc0INDUSTRY AND WORKFORCE ANALYSIS
IRS990/ContractorCompensationGrp/ServicesDesc1PUBLIC RELATIONS
IRS990/ContractorCompensationGrp/ServicesDesc2CONSULTING
IRS990/ContriRptFundraisingEventAmt0341184
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01415526
IRS990/CYGrantsAndSimilarPaidAmt02850
IRS990/CYInvestmentIncomeAmt0217
IRS990/CYOtherExpensesAmt01024209
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0127190
IRS990/CYRevenuesLessExpensesAmt04290
IRS990/CYSalariesCompEmpBnftPaidAmt0511584
IRS990/CYTotalExpensesAmt01538643
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01542933
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0292217
IRS990/DeferredRevenueGrp/EOYAmt082750
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt05505
IRS990/Desc02022 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/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt024030
IRS990/FeesForServicesOtherGrp/TotalAmt0734421
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt113.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1550.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt156723
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE NOBLE
IRS990/Form990PartVIISectionAGrp/PersonNm1LAURA EDMONDSON
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN STRONG
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE HUSTON
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVE CAVITT
IRS990/Form990PartVIISectionAGrp/PersonNm5WALTER FEATHERLY
IRS990/Form990PartVIISectionAGrp/PersonNm6TIM THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK FILIPENKO
IRS990/Form990PartVIISectionAGrp/PersonNm8SHELDON FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID KARP
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHELLE KLOUDA
IRS990/Form990PartVIISectionAGrp/PersonNm11BILLY WAILAND
IRS990/Form990PartVIISectionAGrp/PersonNm12GARRET WONG
IRS990/Form990PartVIISectionAGrp/PersonNm13MATT CLARKSON
IRS990/Form990PartVIISectionAGrp/PersonNm14MARTIN BETTIS
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM POPP
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15179504
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4AT-LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR, RESIGNED
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT/CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0341184
IRS990/FundraisingDirectExpensesAmt090772
IRS990/FundraisingGrossIncomeAmt090772
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0707187
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02850
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01633705
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt016481
IRS990/InsuranceGrp/TotalAmt05511
IRS990/InvestmentIncomeGrp/ExclusionAmt0217
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0217
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0101714
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018361
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019523
IRS990/LandBldgEquipCostOrOtherBssAmt0121237
IRS990/LegalDomicileStateCd0AK
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0348250
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AEDC 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0120837
IRS990/NetAssetsOrFundBalancesEOYAmt0125127
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0120837
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0125127
IRS990/NoncashContributionsAmt018905
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt096926
IRS990/OfficeExpensesGrp/TotalAmt035533
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0580636
IRS990/OtherAssetsTotalGrp/EOYAmt0478641
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020975
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt038934
IRS990/OtherExpensesGrp/TotalAmt113000
IRS990/OtherExpensesGrp/TotalAmt28839
IRS990/OtherLiabilitiesGrp/BOYAmt0573622
IRS990/OtherLiabilitiesGrp/EOYAmt0478961
IRS990/OtherSalariesAndWagesGrp/TotalAmt0265317
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt036717
IRS990/PensionPlanContributionsGrp/TotalAmt02348
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt052702
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022336
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021195
IRS990/PrincipalOfficerNm0WILLIAM R POPP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0127190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127190
IRS990/ProgSrvcAccomActy2Grp/Desc0AEDC 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/Desc0AEDC 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
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01027373
IRS990/PYGrantsAndSimilarPaidAmt01000
IRS990/PYInvestmentIncomeAmt01395
IRS990/PYOtherExpensesAmt0652966
IRS990/PYOtherRevenueAmt0-9927
IRS990/PYProgramServiceRevenueAmt0134366
IRS990/PYRevenuesLessExpensesAmt04847
IRS990/PYSalariesCompEmpBnftPaidAmt0494394
IRS990/PYTotalExpensesAmt01148360
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01153207
IRS990/ReconcilationRevenueExpnssAmt04290
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt010942
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt08581
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101714
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0110295
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt18553
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2454287
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310801
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS FOR EVENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSITS LONG TERM
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RIGHT OF USE - OPERATING LEASE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ROU ASSET FINANCE LEASE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010942
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010942
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0468364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE - OPERATING LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RIGHT OF USE - FINANCE LEASE
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A SELECTION OF ARTWORK THAT IS USED TO DECORATE THE AEDC OFFICES AND PRESENT A MORE PROFESSIONAL AND BUSINESS-LIKE ENVIRONMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019523
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0478641
IRS990ScheduleD/TotalLiabilityAmt0478961
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0341183
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0341183
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt090772
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LUNCHEON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0431955
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0431955
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt090772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt090772
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt090772
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt090772
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0161244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount018260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04867
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01856
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM POPP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0186227
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAFF, THE ORGANIZATION'S FORAKER CONSULTANT, AND THE BOARD OF DIRECTORS REVIEW AND APPROVE THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS 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/ExplanationTxt2COMPENSATION 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/ExplanationTxt3AEDC 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/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST WITH A THREE-DAY ADVANCE NOTICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PUBLIC RELATIONS 119,423. RESEARCH & REPORTS 134,740. AUDIO/VISUAL 40,988. CONSULTING SERVICES 439,270.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.56$0.23$0.33$0.96$0.64
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.63$0.89$1.86$1.07$0.79
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.72$0.13$1.54$1.54$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.93$0.12$1.15$1.15$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.85$0.12$1.12$1.09$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.18$0.08$1.09$1.13$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.18$0.12$1.32$1.38$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.21$0.18$1.56$1.55$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.26$0.18$1.60$1.68$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.32$0.26$1.60$1.64$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.19$0.30$2.37$2.32$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.25$0.25$2.41$2.49$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.14$0.33$1.54
2011Summary only. Only limited summary data is available for this year.$0.55$0.25$0.29$1.11$1.11$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.16$0.29$2.11