Civic Intelligence

Kds Inc

990 • Fiscal year 2018 • EIN 92-0143907

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

Organization ProfileN/A
2701 Gambell StreetAnchorage, AK 99503

(907) 274-2248

Siviq Scores

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

Liabilities / Assets

57th percentile

0.59x

Higher debt load relative to assets than 57% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

7.24x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Net Margin

68th percentile

69%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

64th percentile

$289,319

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Asset Growth

19th percentile

-4.9%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

3.6%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$24,492,224

Down $1,261,506 (-4.9%) from 2017

Net Assets

Up

$10,032,326

Up $1,385,988 (+16%) from 2017

Liabilities

Down

$14,459,898

Down $2,647,494 (-15%) from 2017

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin68th percentile

Revenue

Up

$1,997,407

Up $68,683 (+3.6%) from 2017

Expenses

Up

$611,419

Up $121,917 (+25%) from 2017

Net Income

Down

$1,385,988

Down $53,234 (-3.7%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$40M$30M$20M$10M$0Assets 2013: $24,212,374Liabilities 2013: $23,246,563Net Assets 2013: $965,8112013Assets 2014: $23,738,877Liabilities 2014: $21,299,365Net Assets 2014: $2,439,5122014Assets 2015: $24,469,804Liabilities 2015: $19,793,210Net Assets 2015: $4,676,5942015Assets 2016: $25,700,717Liabilities 2016: $18,493,601Net Assets 2016: $7,207,1162016Assets 2017: $25,753,730Liabilities 2017: $17,107,392Net Assets 2017: $8,646,3382017Assets 2018: $24,492,224Liabilities 2018: $14,459,898Net Assets 2018: $10,032,3262018Assets 2019: $28,103,570Liabilities 2019: $13,171,982Net Assets 2019: $14,931,5882019Assets 2020: $27,246,904Liabilities 2020: $10,197,810Net Assets 2020: $17,049,0942020Assets 2021: $30,730,931Liabilities 2021: $8,795,489Net Assets 2021: $21,935,4422021Assets 2022: $25,581,255Liabilities 2022: $0Net Assets 2022: $25,581,2552022Assets 2023: $31,660,699Liabilities 2023: $3,400Net Assets 2023: $31,657,2992023Assets 2024: $28,044,895Liabilities 2024: $7,553Net Assets 2024: $28,037,3422024

Highlighted filing

2018

Assets$24,492,224
Liabilities$14,459,898
Net Assets$10,032,326
Open 2018 Filing

Operations Trend

Revenue Growth52nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2013: $1,912,057Expenses 2013: $884,168Net Income 2013: $1,027,8892013Revenue 2014: $2,032,062Expenses 2014: $558,361Net Income 2014: $1,473,7012014Revenue 2015: $1,812,611Expenses 2015: $375,529Net Income 2015: $1,437,0822015Revenue 2016: $2,905,987Expenses 2016: $375,465Net Income 2016: $2,530,5222016Revenue 2017: $1,928,724Expenses 2017: $489,502Net Income 2017: $1,439,2222017Revenue 2018: $1,997,407Expenses 2018: $611,419Net Income 2018: $1,385,9882018Revenue 2019: $5,468,195Expenses 2019: $568,933Net Income 2019: $4,899,2622019Revenue 2020: $2,452,541Expenses 2020: $335,035Net Income 2020: $2,117,5062020Revenue 2021: $5,140,395Expenses 2021: $254,047Net Income 2021: $4,886,3482021Revenue 2022: $5,561,948Expenses 2022: $71,666Net Income 2022: $5,490,2822022Revenue 2023: $6,149,405Expenses 2023: $73,361Net Income 2023: $6,076,0442023Revenue 2024: $3,456,954Expenses 2024: $76,911Net Income 2024: $3,380,0432024

Highlighted filing

2018

Revenue$1,997,407
Expenses$611,419
Net Income$1,385,988
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$1,997,407
Mission and Program Overview

Mission

KDS, Inc. holds title to property for Norton Sound Development Corporation (NSEDC), EIN 86-0710852, which is tax exempt under 501(c)(4). NSEDC's purpose is to promote economic development in the Norton Sound region as a participant in the Community Development Quota Program which uses quota share income to fund economic development activities in member villages in western Alaska, in accordance with section 305(I)(1) of the Magnuson-Stevens Fishery Conservation and Management Act, codified at 16 USC 1855(I)(1).

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$24,000,000$24,000,000→ $0
Cash and Non-Interest-Bearing Accounts$1,753,730$492,224▼ $1,261,506
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$25,753,730$24,492,224▼ $1,261,506
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,337,187$12,939,667▼ $1,397,520
Other Liabilities$2,770,205$1,520,231▼ $1,249,974
Total Liabilities$17,107,392$14,459,898▼ $2,647,494
Net Assets / Fund Balance
Unrestricted Net Assets$8,646,338$10,032,326▲ $1,385,988
Total Net Assets Fund Balance$8,646,338$10,032,326▲ $1,385,988
Total Liabilities and Net Assets / Fund Balance$25,753,730$24,492,224▼ $1,261,506
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleOtherTotal
Kathy WheelehanSecretary$125,084$125,084
Harvey Sookiayak SrDirector$35,632$35,632
Oscar TakakDirector$29,125$29,125
Frank KatchatagDirector$28,862$28,862
Sara SeetotDirector$28,020$28,020
Dan HarrelsonChairman$26,862$26,862
Milton CheemukDirector$26,666$26,666
Joe GarnieDirector$25,085$25,085
Morris NashoanakDirector$24,982$24,982
Doug SwansonDirector$23,505$23,505
Truman KavaDirector$22,717$22,717
Frank OxereokDirector$22,562$22,562
Joel JamesDirector$21,881$21,881
Dean PetersonDirector$20,821$20,821
Frances OzennaDirector$13,079$13,079
Adam BoeckmannDirector$6,544$6,544

Board Members and Trustees

NameTitle
Janis IvanoffPresident & CEO
Tyler RhodesCOO
Richard WalickiTreasurer & CFO
Simon KinneenVP and ACQ. Mgr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,997,407
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,385,988
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$611,419
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$494,021--$494,021
Fees for Services Other$113,093--$113,093
Other Expenses$2,505--$2,505
Fees for Services Accounting$1,800--$1,800
Total Functional Expenses$611,419$0$0$611,419
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Norton Sound Economic Development$1,520,231
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“KDS Inc. is 100% owned by Norton Sound Economic Development Corporation (NSEDC), EIN 86-0710582, which is tax exempt under IRC 501(C)(4). NSEDC has 15 member communities, all with the same class and rights.”

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“There were no Committee meetings during the year.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The CEO and the CFO review the form 990 prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
KDS Inc
EIN
92-0143907
Phone
9072742248
Address
2701 Gambell Street, Anchorage, AK 99503

Signing Officer

Name
Janis Ivanoff
Title
President & CEO
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janis Ivanoff
Formed
2013
Legal Domicile
Ak
Voting Board Members
15
Independent Board Members
0
Employees
0

Preparer

Firm
Altman Rogers & Co
Address
3000 C Street Suite 201, Anchorage, AK 99503
Preparer
Tom J Domagala CPA
Phone
9072742992
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Company adopted the provisions of Topic 740 of the FASB Accounting Standards Codification relating to accounting for uncertainty in income taxes. As a result of the implementation of ASC 740, the Company made a comprehensive review of its portfolio of uncertain tax positions in accordance with recognition standards established by ASC 740. The Company is exempt from income taxes as a nonprofit corporation under Section 501(c)(2) of the Internal Revenue Code. The Company's policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. There is no interest or penalty accrued at December 31, 2018 and 2017. At year end there are no uncertain tax positions. The prior three years of tax returns remain subject to examination by state and federal taxing agencies.”

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IRS990/Form990PartVIISectionAGrp/PersonNm3Truman Kava
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IRS990/Form990PartVIISectionAGrp/PersonNm6Harvey Sookiayak Sr
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IRS990/Form990PartVIISectionAGrp/PersonNm8Morris Nashoanak
IRS990/Form990PartVIISectionAGrp/PersonNm9Frank Katchatag
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IRS990/Form990PartVIISectionAGrp/PersonNm15Tyler Rhodes
IRS990/Form990PartVIISectionAGrp/PersonNm16Janis Ivanoff
IRS990/Form990PartVIISectionAGrp/PersonNm17Simon Kinneen
IRS990/Form990PartVIISectionAGrp/PersonNm18Richard Walicki
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt928862
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1026862
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1129125
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1222562
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1323505
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1413079
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15150688
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16241016
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17162360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18184035
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1997922
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15COO
IRS990/Form990PartVIISectionAGrp/TitleTxt16President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP and ACQ. Mgr
IRS990/Form990PartVIISectionAGrp/TitleTxt18Treasurer & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt19Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01997407
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt024000000
IRS990/IntangibleAssetsGrp/EOYAmt024000000
IRS990/InterestGrp/ProgramServicesAmt0494021
IRS990/InterestGrp/TotalAmt0494021
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0AK
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KDS, Inc. holds title to property for Norton Sound Development Corporation (NSEDC), EIN 86-0710852, which is tax exempt under 501(c)(4). NSEDC's purpose is to promote economic development in the Norton Sound region as a participant in the Community Development Quota Program which uses quota share income to fund economic development activities in member villages in western Alaska, in accordance with section 305(I)(1) of the Magnuson-Stevens Fishery Conservation and Management Act, codified at 16 USC 1855(I)(1).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014337187
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012939667
IRS990/NetAssetsOrFundBalancesBOYAmt08646338
IRS990/NetAssetsOrFundBalancesEOYAmt010032326
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Fees and Licenses
IRS990/OtherExpensesGrp/ProgramServicesAmt02505
IRS990/OtherExpensesGrp/TotalAmt02505
IRS990/OtherLiabilitiesGrp/BOYAmt02770205
IRS990/OtherLiabilitiesGrp/EOYAmt01520231
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Janis Ivanoff
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0110000
IRS990/ProgramServiceRevenueGrp/Desc0Royalty Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01997407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01997407
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0489502
IRS990/PYOtherRevenueAmt0996542
IRS990/PYProgramServiceRevenueAmt0932182
IRS990/PYRevenuesLessExpensesAmt01439222
IRS990/PYTotalExpensesAmt0489502
IRS990/PYTotalRevenueAmt01928724
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01385988
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01997407
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01520231
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Norton Sound Economic Development
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Company adopted the provisions of Topic 740 of the FASB Accounting Standards Codification relating to accounting for uncertainty in income taxes. As a result of the implementation of ASC 740, the Company made a comprehensive review of its portfolio of uncertain tax positions in accordance with recognition standards established by ASC 740. The Company is exempt from income taxes as a nonprofit corporation under Section 501(c)(2) of the Internal Revenue Code. The Company's policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. There is no interest or penalty accrued at December 31, 2018 and 2017. At year end there are no uncertain tax positions. The prior three years of tax returns remain subject to examination by state and federal taxing agencies.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalLiabilityAmt01520231
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0150688
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1241016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2162360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3184035
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010829
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt116651
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt211639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt312882
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt031652
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt131652
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt220122
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt320122
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tyler Rhodes
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Janis Ivanoff
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Simon Kinneen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Richard Walicki
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VP and ACQ. Mgr
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Treasurer & CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0193169
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1289319
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2194121
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3217039
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KDS Inc. is 100% owned by Norton Sound Economic Development Corporation (NSEDC), EIN 86-0710582, which is tax exempt under IRC 501(C)(4). NSEDC has 15 member communities, all with the same class and rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There were no Committee meetings during the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The CEO and the CFO review the form 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,492,224
Liabilities
$14,459,898
Net assets
$10,032,326
Revenue
$1,997,407
Expenses
$611,419
Net income
$1,385,988
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.0$0.01$28.0$3.46$0.08$3.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.7$0.00$31.7$6.15$0.07$6.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$0.00$25.6$5.56$0.07$5.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.7$8.80$21.9$5.14$0.25$4.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.2$10.2$17.0$2.45$0.34$2.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.1$13.2$14.9$5.47$0.57$4.90
2018Detailed filing. Detailed filing data is available for this year.$24.5$14.5$10.0$2.00$0.61$1.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.8$17.1$8.65$1.93$0.49$1.44
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$18.5$7.21$2.91$0.38$2.53
2015Detailed filing. Detailed filing data is available for this year.$24.5$19.8$4.68$1.81$0.38$1.44
2014Summary only. Only limited summary data is available for this year.$23.7$21.3$2.44$2.03$0.56$1.47
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.2$23.2$0.97$1.91$0.88$1.03