Alaska Community Development Corp
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To assist low income individuals and families with housing and housing improvements in Alaska.
- Income
- $4.1 million
- Spending
- $4.1 million
- Spent on programs
- 100%
- Reserves
- 0.6 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 13
- Volunteers
- 5
- Highest pay
- $156,111, associate direc
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 19% of charities in its peer group (community improvement, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.6 months of spending.
Debt
2 of 20It owes 81% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
15 of 15Income rose 24% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.5 million spent. Weatherization:ACDC provides weatherization assistance in the copper River Basin, Kenai Peninsula Borough, Kodiak Island Borough, Lake and Peninsula Borough, Mat- Su Borough, many Southeast Alaska communities, the Taylor Highway System, and the Tok area. The weatherization program provides home weatherization for low-to-moderate-income households who own or rent eligible homes: apartments, cabins, condominiums, houses, mobile homes, and multi-family dwellings (duplexes and larger) in order to bring homes up to safe, healthy, and energy-efficient standards.
- $965,130 spent. Housing Rehabilitation:ACDC administers two different groups under this program. The first is for individuals who have a disability. This program serves in the Kenai Peninsula and Mat-Su Borough and improves accessibility to existing homes to mitigate daily functional limitations. The second provides modifications to improve accessibility for seniors (55 years of age or older) currently in need of such modifications in the municipality of Anchorage, Mat-Su Borough, Kenai Peninsula Borough, Copper River Basin, City of Kodiak, and Tok area.
- $416,690 spent. Housing Assistance & General Administrative:ACDC's housing assistance program promotes homeownership for low-income households in Kenai Peninsula, the mat-Su Borough, Glennallen, Valdez, Cordova, Juneau, Haines, Ketchikan, Petersburg, Wrangell, Sitka and kodiak. Additionally, under this program, ACDC purchases lands, develops, and constructs new homes in an existing subdivision. Also includes general administration.
- $188,686 spent. Self Help:ACDC has a developed self-help housing program in the Mat-Su Valley. Selfhelp is a group method of home construction program that is available to qualified households in the low and very-low income categories. Eligible households qualify for low-interest loans and work together in groups to build each other's homes. Approximately 65% of the construction labor is provided by the group under the direction of the construction coordinator - the remaining labor is subcontracted out. Subsidized mortgages are financed by USDA Rural Development.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1980.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.