Alaska Development Corporation logo

Alaska Development Corporation

Public charity · Grantmaker Juneau, AK EIN: 56-2374498 Website

Promote sound and sustainable economic growth and diversification within the State of Alaska by providing information, education, and programs of assistance for businesses, agencies, law makers, and the public; and any and all types of activities not prohibited by laws which shall promote and foster economic growth.

Key facts about Alaska Development Corporation

In short: Alaska Development Corporation gave $235K across 1 grant in 2025 (avg $235K), mostly in Alaska. Source: 2025 IRS Form 990.

EIN
56-2374498
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$235,214
Grants made (2025)
1
Average grant
$235,214
Median grant
$235,214
Total assets
$230,802
Primary geography
Alaska (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$231K

-33.9% YoY

Annual Giving

$235K

Grant Count

1

Avg Grant Size

$235K

About Alaska Development Corporation

Based on IRS filings

Alaska Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Juneau, AK. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $231K in total assets. In 2025, it awarded 1 grant totaling $235K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Juneau

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2019 0 grants2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 1 grant2025

In 2025 it made 1 grant totaling $235K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Juneau Economic Dev Council: $235KJuneau Economic Dev Council$235K

The largest 2025 recipient was Juneau Economic Dev Council ($235K).

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Juneau Economic Dev Council Juneau, AKYouth programs and flood work$235,214

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$230,802$349,318$325,369
Revenue$437,642$115,377$121,141
Expenses$567,770$91,429$8,976
Net Investment Income$13,473$15,606$3,832

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS February 27, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 6, 2026)

Leadership & Key People

Officers and directors from IRS filings

Alaska Development Corporation is led by Brian Holst, Executive Director on the 2025 filing; none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brian Holst

    Executive Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Garrett Choenberger

    Chairman

    Director → Chair, 2021

    Chair → Chairman, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Beth Weldon

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alexander Kotlarov

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jill Weitz

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brian Kleinhenx

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Trenton English

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Todd Schur

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Aparna DileepNageswaran Palmer

    Vice Chair

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Melissa Kookesh (2023–2024) — Secretary
  • Former: Mark Guevarra (2021–2023) — Director
  • Former: Aaron Morrison (2023) — Treasurer
  • Former: Jake Carpenter (2019–2022) — Treasurer
  • Former: Karen Carey (2021–2022) — Vice Chair
  • Former: Ray Paddock III (2021–2022) — Director
  • Former: Alec Mesdag (2019–2020) — Chair
  • Former: Brandon Cullum (2019–2020) — Treasurer
  • Former: Lauren Macvay (2019–2020) — Director
  • Former: Rick Caulfield (2019–2020) — Vice Chair
  • Former: Chris Dimond (2020) — Director
  • Former: Keith Comstock (2019) — Director
  • Former: Mitch Jackson (2019) — Treasurer

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Alaska Development Corporation

How much does Alaska Development Corporation give each year?

Alaska Development Corporation gave $235K across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is Alaska Development Corporation?

Alaska Development Corporation reported $231K in total assets on its 2025 IRS Form 990. Its revenue that year was $438K.

What is Alaska Development Corporation?

Alaska Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Juneau, AK. It holds $231K in total assets as of 2025.

Where does Alaska Development Corporation operate?

Alaska Development Corporation has awarded grants in Alaska.

What is Alaska Development Corporation's EIN?

Alaska Development Corporation's EIN (Employer Identification Number) is 56-2374498. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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