Nonprofit · EIN 46-0942043
ALASKA CORPORATION FOR AFFORDABLE HOUSING
Tax-exempt · ANCHORAGE, AK 99504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $13,904,288 | $9,037,022 | $4,867,266 | $43,540,748 | $5,606,696 | $37,934,052 |
| June 30, 2024 | 990 | $2,395,702 | $7,548,236 | -$5,152,534 | $37,903,464 | $4,836,678 | $33,066,786 |
| June 30, 2023 | 990 | $13,889,658 | $205,455 | $13,684,203 | $43,840,762 | $5,621,442 | $38,219,320 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,254,329
- of which government grants
- $7,192,148
- Program service revenue
- $732,605
- Investment income
- $244,885
- Net gain from sales of assets
- -$18,872
- Other revenue
- $4,672,469
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $163,262
- Salaries, compensation and benefits (total)
- $244,294
- Professional fundraising fees
- $0
- Legal fees
- $5,415
- Accounting fees
- $8,978
- Occupancy
- $6,412
- Program services (functional)
- $8,955,454
- Management and general (functional)
- $81,568
Balance sheet and other
- Total assets, start of year
- $37,903,464
- Total assets, end of year
- $43,540,748
- Total liabilities, end of year
- $5,606,696
- Net assets, end of year
- $37,934,052
- Land, buildings and equipment
- $4,740,487
- Gross receipts
- $14,283,160
- Employees
- 0
- Volunteers
- 11
- Year formed
- 2012
- State of legal domicile
- AK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Bryan Butcher | President Officer | 1 | $0 | $381,929 | $138,795 |
| Catherine Stone | Vice President Officer | 1 | $0 | $229,368 | $101,118 |
| Vasilios Gialopsos | Vice President Officer | 1 | $0 | $237,142 | $91,783 |
| Chelsea Smith | Director of Operations Highest-paid employee | 40 | $0 | $113,345 | $44,125 |
| Brent Levalley | Chair Officer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jess Hall | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Allen Hippler | Director Trustee or director | 1 | $0 | $0 | $0 |
| David Pruhs | Director Trustee or director | 1 | $0 | $0 | $0 |
| Fadil Limani | Director Trustee or director | 1 | $0 | $0 | $0 |
| Heidi Hedberg | Director Trustee or director | 1 | $0 | $0 | $0 |
| Julie Sande | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sandra Moller | Director Trustee or director | 1 | $0 | $0 | $0 |
| Janelle Earls | Director Trustee or director | 1 | $0 | $0 | $0 |
| Adam Crum | Director (Left Mid Year) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Bryan Butcher | President Officer | 1 | $0 | $342,631 | $124,095 |
| Catherine Stone | Vice President Officer | 1 | $0 | $218,970 | $96,893 |
| Vasilios Gialopsos | Vice President Officer | 1 | $0 | $201,434 | $72,346 |
| Chelsea Smith | Operations and Development Manager Highest-paid employee | 1 | $0 | $104,843 | $39,122 |
| Brent Levalley | Chair Officer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jess Hall | Secretary and Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Allen Hippler | Director Trustee or director | 1 | $0 | $0 | $0 |
| Adam Crum | Director Trustee or director | 1 | $0 | $0 | $0 |
| Heidi Hedberg | Director Trustee or director | 1 | $0 | $0 | $0 |
| Julie Sande | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sandra Moller | Director Trustee or director | 1 | $0 | $0 | $0 |
| David Pruhs | Director Trustee or director | 1 | $0 | $0 | $0 |
| Fadil Limani | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Bryan Butcher | President Officer | 1 | $0 | $326,734 | $117,443 |
| Catherine Stone | Vice President Officer | 1 | $0 | $202,606 | $93,293 |
| Mark Romick | Vice President Officer | 1 | $0 | $92,275 | $27,529 |
| Brent Levalley | Board of Directors Chair Officer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jess Hall | Secretary and Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Allen Hippler | Director Trustee or director | 1 | $0 | $0 | $0 |
| Adam Crum | Director Trustee or director | 1 | $0 | $0 | $0 |
| Heidi Hedberg | Director Trustee or director | 1 | $0 | $0 | $0 |
| Julie Sande | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sandra Moller | Director Trustee or director | 1 | $0 | $0 | $0 |
| David Pruhs | Director Trustee or director | 1 | $0 | $0 | $0 |
| Vivian Stiver | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4300 BONIFACE PARKWAY, ANCHORAGE, AK 99504-4387
- In care of
- % CINDY WEISER
- Mailing address (990-N for 2013)
- PO BOX 101020, ANCHORAGE AK 99510
- Principal officer (990 for 2024)
- Bryan Butcher, 4300 Boniface Parkway, Anchorage, AK 99504
- Principal officer (990-N for 2013)
- BRYAN BUTCHER, PO BOX 101020, ANCHORAGE AK 99510
- Signed the 990
- Bryan Butcher, President
- Phone
- (907) 330-8416
- Website
- www.ahfc.us
- Return prepared by
- Eide Bailly LLP
Mission
The corporation's mission is to undertake the types of affordable housing and services that are not open to Alaska Housing directly, but support Alaska Housing's mission of providing affordable housing and services to individuals and groups in need.
Program accomplishments
- A total of 106 units of affordable housing were completed in prior fiscal years. 40 units of family housing were put into operation in the current year for a total of 146 units of affordable housing in operation. Revenues and expenses are related to the development and management of the 146 units of affordable housing for low income households, as well as the development of 20 new units located in Valdez, Alaska that are expected to be ready for occupation in 2026.Expenses $8,955,454 · revenue $732,605
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0942043
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $43,540,748
- Income (IRS master file)
- $14,283,160
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $13,904,288 | $9,037,022 | $43,540,748 | IRS |
| 990 | June 2024 | $2,395,702 | $7,548,236 | $37,903,464 | IRS |
| 990 | June 2023 | $13,889,658 | $205,455 | $43,840,762 | XML |
| 990 | June 2022 | $485,131 | $654,097 | $29,559,235 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: BRYAN BUTCHER | June 30, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0942043).
Questions about ALASKA CORPORATION FOR AFFORDABLE HOUSING
- What is the EIN of ALASKA CORPORATION FOR AFFORDABLE HOUSING?
- The employer identification number (EIN) of ALASKA CORPORATION FOR AFFORDABLE HOUSING is 46-0942043.
- Is ALASKA CORPORATION FOR AFFORDABLE HOUSING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ALASKA CORPORATION FOR AFFORDABLE HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALASKA CORPORATION FOR AFFORDABLE HOUSING file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALASKA CORPORATION FOR AFFORDABLE HOUSING due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALASKA CORPORATION FOR AFFORDABLE HOUSING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ALASKA CORPORATION FOR AFFORDABLE HOUSING?
- The 990 for the year ended June 30, 2025 names Bryan Butcher.
- Who are the officers and directors of ALASKA CORPORATION FOR AFFORDABLE HOUSING?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does ALASKA CORPORATION FOR AFFORDABLE HOUSING have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $13,904,288, expenses of $9,037,022 and total assets of $43,540,748 at year end.
Other nonprofits in ANCHORAGE
- ANCHORAGE NEIGHBORHOOD HOUSING SERVICES INC EIN 92-0082642 · last filed 990 for 2025
- COOK INLET HOUSING DEVELOPMENT CORP EIN 92-0103000 · last filed 990 for 2024
- BEANS CAFE INC EIN 92-0072522 · last filed 990 for 2025
- ANCHORAGE AFFORDABLE HOUSING AND LAND TRUST EIN 88-4139039 · last filed 990 for 2025
- ALASKA WORKS PARTNERSHIP INC EIN 91-1786519 · last filed 990 for 2025
- BEACON HILL EIN 27-1779531 · last filed 990 for 2025
- ASSOCIATION OF ALASKA HOUSING AUTHORITIES EIN 92-0070125 · last filed 990 for 2025
- ALASKA HOUSING INITIATIVES EIN 45-2634394 · last filed 990 for 2025