FAIRBANKS, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAIRBANKS ECONOMIC DEVELOPMENT CORP, founded in 1968, is a small nonprofit that reported $596K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.
TO ASSIST IN CREATING NEW JOBS AND NEW ECONOMIC OPPORTUNITIES FOR RESIDENTS OF THE FAIRBANKS NORTH STAR BOROUGH AND OUR ECONOMIC AREA.
COMMUNITY ECONOMIC MODELING: UNDERSTANDING WHAT DRIVES OUR ECONOMY AND HOW OUR ECONOMY WORKS HELPS FEDC AND OUR STATE LEADERS MAKE DECISIONS THAT POSITIVELY IMPACT OUR ECONOMY AND CONSEQUENTLY OUR...
COMMUNITY ECONOMIC MODELING: UNDERSTANDING WHAT DRIVES OUR ECONOMY AND HOW OUR ECONOMY WORKS HELPS FEDC AND OUR STATE LEADERS MAKE DECISIONS THAT POSITIVELY IMPACT OUR ECONOMY AND CONSEQUENTLY OUR CITIZENS' PERSONAL WELL-BEING.
MILITARY AND ALASKA DEFENSE FORUM: THE FEDC MILITARY PROGRAM SEEKS TO ANCHOR, LEVERAGE AND GROW THE MILITARY INDUSTRY IN INTERIOR ALASKA. THE MILITARY INDUSTRY ACCOUNTS FOR ROUGHLY A THIRD OF THE...
MILITARY AND ALASKA DEFENSE FORUM: THE FEDC MILITARY PROGRAM SEEKS TO ANCHOR, LEVERAGE AND GROW THE MILITARY INDUSTRY IN INTERIOR ALASKA. THE MILITARY INDUSTRY ACCOUNTS FOR ROUGHLY A THIRD OF THE LOCAL ECONOMY - WHILE ALASKA, AND SPECIFICALLY THE INTERIOR, OFFERS THE UNITED STATES THE MOST STRATEGIC LOCATION ON ITS SOIL FROM WHICH TO PROJECT POWER ACROSS THE NORTHERN HEMISPHERE AND ASIA/PACIFIC RIM. FEDC WORKS BROADLY TO ENGAGE THE MILITARY THROUGH DIRECT CONTACTS AND LOCAL AND NATIONAL ASSOCIATIONS TO ENHANCE ALASKA'S AND THE COMMUNITY'S COMPETITIVE POSITION IN THE NATIONAL MILITARY "MARKETPLACE".
RURAL OUTREACH: FAIRBANKS STRIVES TO BE THE ECONOMIC, RECREATIONAL AND CULTURAL HUB OF INTERIOR AND NORTHERN ALASKA. THE CITY HAS LONG SERVED AS A CONDUIT FOR COMMERCE; TRADE, TRANSPORTATION, AND...
RURAL OUTREACH: FAIRBANKS STRIVES TO BE THE ECONOMIC, RECREATIONAL AND CULTURAL HUB OF INTERIOR AND NORTHERN ALASKA. THE CITY HAS LONG SERVED AS A CONDUIT FOR COMMERCE; TRADE, TRANSPORTATION, AND NATURAL RESOURCE DEVELOPMENT BEING ITS UNDERPINNING. IN ORDER TO DEVELOP RELATIONSHIPS AND BUILD REGIONAL CAPACITY, FEDC WORKS WITH THE FAIRBANKS INTERNATIONAL AIRPORT, FAIRBANKS NORTH STAR BOROUGH, GREATER FAIRBANKS CHAMBER OF COMMERCE, TANANAN CHIEFS CONFERENCE, LEADERS OF INTERIOR COMMUNITIES, AND MORE, TO ADVANCE THE COLLECTIVE NEEDS OF THE REGION BY WORKING ON THE FOLLOWING PROJECTS: REGIONAL MARKETING, ORGANIZATION OF TRADE MISSIONS TO INTERIOR COMMUNITIES, MONITORING BYPASS MAIL LEGISLATION, SUPPORTING TRANSPORTATION ROUTES TO RURAL COMMUNITIES, AND THE STAMP YOUR BUSINESS "CERTIFIED BUSH FRIENDLY" PROJECT.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $596,414 | $703,108 | -0.2% |
| Expenses | $603,751 | $570,905 | +0.1% |
| Net Income | $-7,337 | $132,203 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| AMY COOK | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF PUTNAM | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GERI SIMON | VICE-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN WHITE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE LUNDGREN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GRIER HOPKINS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LOU FLORENCE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CRYSTAL TIDWELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUNO GRUNAU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELENA SUDDUTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGIE TALLANT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOMO STEWART | CURRENT PRESIDENT/CEO | 40.00 |
Officer
|
$130,365 | $0 | $130,365 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $596,414 | $603,751 | $547,917 | $-7,337 |
| 2023 | $703,108 | $570,905 | $558,127 | $132,203 |
| 2022 | $456,985 | $499,232 | $415,997 | $-42,247 |
| 2021 | $650,297 | $566,296 | $431,988 | $84,001 |
| 2020 | $635,729 | $538,411 | $336,743 | $97,318 |
| 2019 | $612,504 | $644,477 | $233,634 | $-31,973 |
| 2018 | $593,706 | $604,862 | $266,996 | $-11,156 |
Compare FAIRBANKS ECONOMIC DEVELOPMENT CORP with other nonprofits in Alaska and across the country.