Adak Community Development Corporation
The promotion and development of fisheries related resources, infrastructure and assets for the benefit of the community of Adak, Alaska.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+10.3% YoY
Revenue
$881K
+16.9% YoY
Net Investment Income
$123K
+175.7% YoY
Expenses
$301K
+50.2% YoY
About Adak Community Development Corporation
Based on IRS filings
Adak Community Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in ADAK, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. Net investment income was $123K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,117,755 | $6,451,091 | $5,838,618 |
| Revenue | $881,255 | $753,700 | $1,285,252 |
| Expenses | $300,842 | $200,345 | $158,901 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $122,546 | $44,454 | $24,259 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Nelson | Office Manager | 40 | $38,962 |
| Layton J Lockett | President | 10 | — |
| Steven Minor | Vice President | 5 | — |
| Larry D Mayes | Secretary/Treas | 5 | — |
| W David Fraser | Director | 3 | — |
| Richard R Koso | Director | 1 | — |
| Cory Herendeen | Director | 1 | — |
| Scott Bullock | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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