Alaska Community Development Corporation (EIN 920073911) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

Curt Christiansen

Phone

9077465680

Tax Period

2024-07-01 to 2025-06-30

Alaska Community Development Corporation, founded in 1979, is a community nonprofit in the Community Improvement sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

To assist low income individuals and families with housing and housing improvements in Alaska.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,101,442

Program Service Revenue $11,113

Investment Income $2,993

Other Revenue $982

TOTAL REVENUE $4,116,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,328,268

Fundraising Expenses $0

Program Expenses $4,101,660

Other Expenses $2,760,313

TOTAL EXPENSES $4,088,581

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,116,530	$3,322,006	+0.2%
Expenses	$4,088,581	$3,286,884	+0.2%
Net Income	$27,949	$35,122	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$297,368

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patrick Shiflea	Associate Direc	40.00	Officer	$113,776	$42,335	$156,111
Curt Christiansen	Executive Dir.	40.00	Officer	$101,980	$39,277	$141,257
Patrick Ian Sharrock	Inspector	40.00		$82,320	$54,045	$136,365
Stacy Flora	Program Manager	40.00		$82,760	$40,784	$123,544
Pete Byrne	Construction Super	40.00		$88,400	$32,915	$121,315
Jared Lindman	Board Chair	0.25	Officer Director	$0	$0	$0
Peter Barber	Vice-Chair	0.25	Officer Director	$0	$0	$0
Eric Anderson	Sec/Treasurer	0.25	Officer Director	$0	$0	$0
Paul Beer	Board Member	0.25	Director	$0	$0	$0
Joseph Moran	Board Member	0.25	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$4,116,530	$4,088,581	$1,234,550	$27,949
2024	$3,322,006	$3,286,884	$939,194	$35,122
2023	$3,112,743	$3,164,963	$940,488	$-52,220
2022	$3,057,741	$2,912,660	$768,492	$145,081
2021	$2,874,631	$2,887,443	$841,252	$-12,812
2020	$3,614,994	$3,809,194	$1,080,304	$-194,200
2019	$3,864,504	$3,814,632	$875,072	$49,872
2018	$3,581,178	$3,598,045	$869,568	$-16,867

Alaska Community Development Corporation