CSCharityScored
87

Norton Sound Economic Development Corporation

Other · Anchorage, Alaska

2701 Gambell Street Suite 400, Anchorage, AK 99503-2834

EIN: 860710582· Founded: Sep 1993· 33 years active· Filing Year: 2023

Annual Revenue

$16.4M

Total Expenses

$39.8M

Total Assets

$391.4M

Program Spending

80%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.2M

5.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.5M

Total Payroll

$7.7M

19% of total expenses

Where the Money Goes

80%
Programs: 80%
Payroll: 19%
Other overhead: 20%
Program Revenue$31.9M (100%)
Total Expenses$39.8M (100%)
Payroll$7.7M (19%)
Overhead (non-program)20%

Trust Score Breakdown

Program Spending Ratio

80% of expenses go to programs

40%

Revenue & Stability

$16.4M annual revenue

15%

Executive Compensation

$2.2M total officer comp (5.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$391.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.