COOK INLET HOUSING DEVELOPMENT CORP

ANCHORAGE, AK | Anchorage Municipality
Affordable Housing
COOK INLET HOUSING DEVELOPMENT CORP
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

COOK INLET HOUSING DEVELOPMENT CORP
92-0103000
3510 SPENARD RD STE 100
ANCHORAGE, AK 99503
Anchorage Municipality

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • LIHTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
L12

L - Housing, Shelter

Fund Raising and Fund Distribution

Organizations that raise and distribute funds for multiple organizations within the Housing, Shelter major group area.

IRS Activity Codes info
998
Uncoded
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813219
Other Grantmaking and Giving Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
CORONADO PARK

 
Eagle River, AK
Amount info
$1,006,008
Project Year info
2014
Allocation Year info
2013
Total Units info
56
Low-Income Units info
40
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • Nonprofit Sponsor
Special Programs & Financing info
  • None reported
Targeted Population info
  • Disabled
  • Elderly
  • Homeless

IRS Summary

Income
$10.5M
Revenue
$10.5M
Assets
$139.2M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1985-01
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-12
E-File
990
XML
990
Tax period ending in
2020-12
E-File
990
XML
990
Tax period ending in
2019-12
PDF
990
Tax period ending in
2018-12
PDF
990
E-File
990
XML
990
Tax period ending in
2017-12
E-File
990
XML
990
Tax period ending in
2016-12
PDF
990
E-File
990
XML
990
Tax period ending in
2015-12
PDF
990

Nonprofit Location

Physical Address info
3510 SPENARD RD STE 100
ANCHORAGE, AK 99503
Anchorage Municipality
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
11260
MSA/MD info
02
State info
020
County info
0020.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
11260 - Anchorage, AK
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 63.53%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0020.00 Anchorage Municipality
Population
Total Population 3,315 290,674
Total Households 1,603 107,134
Income
Median Family Income (Census*) $61,017 $95,731
Median Family Income (2023 FFIEC est.) $115,700 $115,700
Tract Income Percentage 62% N/A
Below Poverty Level 13.1% 9.6%
Unemployment Level 11.5% 5.2%
Housing
Total Housing Units 1,808 118,938
Total Owner-Occupied Units 23.0% 63.8%
Total Renter-Occupied Units 65.7% 36.2%
Total Vacant Units 11.3% 10.8%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body info
5
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Clayton Bourne
(907) 793-3000
Principal Officer info
Clayton Bourne
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.