Palmer, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
To assist low income individuals and families with housing and housing improvements in Alaska.
Weatherization:ACDC provides weatherization assistance in the copper River Basin, Kenai Peninsula Borough, Kodiak Island Borough, Lake and Peninsula Borough, Mat- Su Borough, many Southeast Alaska...
Weatherization:ACDC provides weatherization assistance in the copper River Basin, Kenai Peninsula Borough, Kodiak Island Borough, Lake and Peninsula Borough, Mat- Su Borough, many Southeast Alaska communities, the Taylor Highway System, and the Tok area. The weatherization program provides home weatherization for low-to-moderate-income households who own or rent eligible homes: apartments, cabins, condominiums, houses, mobile homes, and multi-family dwellings (duplexes and larger) in order to bring homes up to safe, healthy, and energy-efficient standards.
Housing Rehabilitation:ACDC administers two different groups under this program. The first is for individuals who have a disability. This program serves in the Kenai Peninsula and Mat-Su Borough and...
Housing Rehabilitation:ACDC administers two different groups under this program. The first is for individuals who have a disability. This program serves in the Kenai Peninsula and Mat-Su Borough and improves accessibility to existing homes to mitigate daily functional limitations. The second provides modifications to improve accessibility for seniors (55 years of age or older) currently in need of such modifications in the municipality of Anchorage, Mat-Su Borough, Kenai Peninsula Borough, Copper River Basin, City of Kodiak, and Tok area.
Housing Assistance & General Administrative:ACDC's housing assistance program promotes homeownership for low-income households in Kenai Peninsula, the mat-Su Borough, Glennallen, Valdez, Cordova...
Housing Assistance & General Administrative:ACDC's housing assistance program promotes homeownership for low-income households in Kenai Peninsula, the mat-Su Borough, Glennallen, Valdez, Cordova, Juneau, Haines, Ketchikan, Petersburg, Wrangell, Sitka and kodiak. Additionally, under this program, ACDC purchases lands, develops, and constructs new homes in an existing subdivision. Also includes general administration.
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 | $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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
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