Kodiak Economic Development Corporation Logo

MIP Score

47

Community Building
General Community Improvement

Kodiak Economic Development Corporation

Mission

The Kodiak Economic Development Corporation is a nonprofit organization focused on enhancing the economic diversity, entrepreneurship, and workforce development in Kodiak, Alaska. Established in 2021, it aims to address local economic issues and strengthen industries to create a vibrant and sustainable economy.

Basic Information

Tax-Exempt

Address

1116 Baranof St, Kodiak, Alaska, 99615

View all Kodiak charities

Founded in

2021

EIN

85-1350923

Total Assets

$70.62 thousand

At a Glance

Career Expo 2024

Career Expo 2024

A partnership between KEDC and local organizations to provide career opportunities for high school students.

Storefront Improvement Program

Storefront Improvement Program

A matching grant program to revitalize downtown Kodiak's storefronts.

Housing Solutions Initiatives

Housing Solutions Initiatives

KEDC's efforts to address housing needs in the Kodiak community.

Our Programs

Storefront Improvement Program

Storefront Improvement Program

A program aimed at funding improvements to enhance businesses in Kodiak's downtown area.

Learn More

Workforce Development

Initiatives targeting the enhancement of skills and job opportunities for the local workforce.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

47

48

/100

Program Expense Ratio

92.77%

20

/20

Program Revenue Growth

-100.00%

2

/20

Leverage Ratio

0.00001416

20

/20

Working Capital Ratio

0.2848

4

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants299.7K100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue299.7K100.00%