SEE SCHEDULE OTO ASSIST SOUTHEAST ALASKAS PEOPLE, BUSINESSES, AND COMMUNITIES IN REACHING LONG-TERM ECONOMIC, SOCIAL, AND ENVIRONMENTAL RESILIENCE, AND IMPROVE ECONOMIC CONDITIONS IN SOUTHEAST ALASKA COMMUNITIES THROUGH INNOVATION, SUSTAINABILITY AND COLLABORATION. THE CDFI PROVIDES MICRO AND SMALL BUSINESS LOANS TO ELIGIBLE BORROWERS IN THOSE COMMUNITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38.8M

+27.7% YoY

Annual Giving

$659K

-27.3% YoY

Grant Count

12

-25.0% YoY

Avg Grant Size

$55K

-3.0% YoY

About Spruce Root Inc

Based on IRS filings

Spruce Root Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in JUNEAU, AK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38.8M in total assets. In 2024, it awarded 12 grants totaling $659K. Net investment income was $802K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

States

Cities

ANCHORAGECRAIGHOONAHJUNEAUKAKEKLAWOCKKLUKWANPORTLANDSITKASKAGWAY

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$23M20202021202220232024
Metric202420232022
Total Assets$38,810,332$30,397,018$21,033,643
Revenue$12,064,509$8,914,190$20,825,542
Expenses$5,040,398$3,997,069$2,913,388
Qualifying Distributions
Net Investment Income$801,932$674,961$2,585
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$226K$453K$679K$905K0 grants20200 grants20219 grants202216 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SITKA CONSERVATION SOCIETY$134KECOTRUST$89KHOONAH INDIAN ASSOCIATION$87KCENTRAL COUNCIL OF TLING…$55KKLAWOCK COOPERATIVE ASSO…$53KAWARE$47KSKAGWAY DEVELOPMENT CORP…$42KRENEWABLE ENERGY ALASKA …$42KKOOTZNOOWOO INCORPORATED$42KTHE NATURE CONSERVANCY A…$42K

Grant Size Distribution

37 grants across all recorded years

28<$50K7$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Spruce Root Inc

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

ALANA PETERSONEXECUTIVE DIRECTOR$158KLAUREL STARKFINANCE DIRECTOR$121KASHLEY SNOOKESCLIENT SERVICES DIRECTOR$103K

From 2024 filing

NameTitleHoursCompensation
LESLIE ISAACSSCHAIR0.5
CHRIS PEREZPRESIDENT, FINANCE COMMITTEE0.5
JOE NELSONSECRETARY, SSP STEERING COMMITTEE0.5
ANTHONY MALLOTTBOARD MEMBER, TREASURER0.5
LA QUEN NAAY TSIITS GIT ANEEBOARD MEMBER, FINANCE COMMITTEE, SSP STEERING COMM0.5
SARAH DYBDAHLBOARD MEMBER, SENIOR LOAN ADVISORY COMMITTEE0.5
ROBERT ALLENBOARD MEMBER, SENIOR LOAN ADVISORY COMMITTEE0.5
ALANA PETERSONEXECUTIVE DIRECTOR35$157,523
LAUREL STARKFINANCE DIRECTOR35$121,254
ASHLEY SNOOKESCLIENT SERVICES DIRECTOR35$102,904

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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