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EIN 26-3793262

Adak Community Development Corporation (AC DC)

IRS 501(c) type
501(c)(4)
Num. employees
1
City
Adak
State
Alaska
Year formed
2005
Most recent tax filings
2023-12-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
Adak Community Development Corporation promotes and develops fisheries related resources, infrastructure and assets to benefit the community of Adak, Alaska. They participated as stakeholders in fisheries management bodies such as AK Board of Fish and North Pacific Fisheries Management Council. They also purchased fishing quota under Community Quota entity program for use by local fishers.
Total revenues
$753,700
2023
Total expenses
$200,345
2023
Total assets
$6,451,091
2023
Num. employees
1
2023

Program areas at AC DC

(accomplishments as measured by expenses: "Purchase of fishing quota under Community Quota entity program for use by local fishers.")Participation as stakeholders in fisheries management bodies (AK Board of Fish, North Pacific Fisheries Management Council, International Pacific Halibut Commission.) "Scholarship program for local high school graduates."

Personnel at AC DC

NameTitleCompensation
Layton J LockettPresident$0
Mary NelsonOffice Manager$39,578
Larry D MayesSecretary and Treasurer$0
Steven MinorVice President$0

Financials for AC DC

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$708,746
Investment income and dividends$33,236
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$11,218
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$500
Total revenues$753,700

Form 990s for AC DC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-10-31990View PDF
2021-122022-05-02990View PDF
2020-122021-06-30990View PDF
2018-122019-07-26990View PDF
...and 9 more Form 990s
Data update history
December 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 19, 2023
Updated personnel
Identified 3 new personnel
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 8, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvement
Characteristics
No characteristics found
General information
Address
PO Box 1943
Adak, AK 99546
County
Aleutians West Census Area, AK
Website URL
adak-ak.gov/community/page/adak-community-development-corporation 
Phone
(907) 592-2335
IRS details
EIN
26-3793262
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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