Norton Sound Economic Development Corporation
Grantmaking foundation in Anchorage, Alaska · EIN 86-0710582
- Alaska
- Anchorage
- Philanthropy, Voluntarism and Grantmaking Foundations
- Philanthropy, Voluntarism and Grantmaking Foundations in Alaska
- Total giving
- $8.7MTax year 2024
- Total assets
- $400MLatest reported
- Latest IRS filing
- 2024Form 990 / 990-PF
Mission
To develop and sustain new and ongoing economic activity in the Norton Sound region. The Company's mission outlines its intentions to provide a balance between local economic development oriented towards the residents in the region and active participation in the distant-water fisheries in the Bering Sea and Aleutian Islands. The Company implements programs to educate, train, and employ people of the region; build infrastructure to help support the new and existing fisheries; start new fisheries through locally initiated development efforts; support the local salmon, herring, crab, and halibut fishermen; restore salmon runs in the region for both commercial and subsistence users; provide loans for gear, vessels, and secure equity interests in companies and vessels. The Company has not entered into any significant long-term agreements or commitments other than its agreements with the harvesters of its CDQ allocations.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| City of Nome | $900K | 2022 |
| City of St Michael | $870K | 2022 |
| City of Stebbins | $620K | 2022 |
| City of Unalakleet | $550K | 2022 |
| City of Gambell | $400K | 2022 |
Amounts are rounded. The full grantee list is available with a free account.
Website: www.nsedc.com
See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.
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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.