HAINES, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HAINES ECONOMIC DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $358K in total revenue in fiscal year 2021. Revenue surged 227% from the prior year, signaling strong growth momentum. Expenses of $469K exceeded revenue, resulting in a 31% operating deficit.
HAINES ECONOMIC DEVELOPMENT CORP. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PURPOSE OF LESSENING THE BURDENS ON GOVERNMENT. HAINES ECONOMIC DEVELOPMENT CORP. IS A NONPROFIT CORPORATION WITH A MISSION TO REALIZE ECONOMIC DEVELOPMENT IN HAINES BOROUGH THROUGH RESEARCH, COMMUNITY ENGAGEMENT, AND STRATEGIC PLANNING.
COVID-SAFE TRAVEL PROMOTION AND MARKETING GRANT PROGRAM. THE RAPID DEPLOYMENT OF MARKETING CAMPAIGNS PROMOTING ALASKA AS A COVID-SAFE TRAVEL DESTINATION FOR THE SUMMER OF 2021. PROMOTIONS MAY BE...
COVID-SAFE TRAVEL PROMOTION AND MARKETING GRANT PROGRAM. THE RAPID DEPLOYMENT OF MARKETING CAMPAIGNS PROMOTING ALASKA AS A COVID-SAFE TRAVEL DESTINATION FOR THE SUMMER OF 2021. PROMOTIONS MAY BE MARKETED TOWARD IN- STATE TRAVELERS AS WELL AS INDEPENDENT TRAVELERS IN NATIONAL AND INTERNATIONAL MARKETS.
CONTRIBUTED TO ECONOMIC AND WORKFORCE DEVELOPMENT BY DEVELOPING A "PIVOT PROGRAM" PROVIDING LOCAL BUSINESSES WITH RESOURCES TO BUILD BUSINESS CAPACITY. ALSO CONTRIBUTED TO ECONOMIC DEVELOPMENT BY...
CONTRIBUTED TO ECONOMIC AND WORKFORCE DEVELOPMENT BY DEVELOPING A "PIVOT PROGRAM" PROVIDING LOCAL BUSINESSES WITH RESOURCES TO BUILD BUSINESS CAPACITY. ALSO CONTRIBUTED TO ECONOMIC DEVELOPMENT BY CREATING A WEBSITE TO ATTRACT LOCATION NEUTRAL WORKERS TO HAINES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $357,746 | $109,420 | +2.3% |
| Expenses | $469,490 | $74,473 | +5.3% |
| Net Income | $-111,744 | $34,947 | -4.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SALLY ANDERSEN | PRIOR EXEC.D | 25.00 |
Officer
|
$6,750 | $0 | $6,750 |
| LEE HART | PRIOR EXEC.D | 15.00 |
Officer
|
$3,713 | $0 | $3,713 |
| GREG SCHLACHTER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUE CHASEN | VICE-PRESIDE | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA EDWARDS | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PHILLIP LENDE | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARSIE CULBECK | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| SEAN GAFFNEY | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| SCOTT HANSEN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $357,746 | $469,490 | $30,078 | $-111,744 |
Compare HAINES ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in Alaska and across the country.