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Nonprofit · EIN 85-1350923

KODIAK ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · KODIAK, AK 99615

Financials

$270K$126K2023$121K$171K2024$178K$203K2025
Revenue Expenses · by fiscal year end
Financials of KODIAK ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$177,971$202,716-$24,745$140,723$0$140,723
December 31, 2024990-EZ$121,250$170,851-$49,601$166,429$961$165,468
December 31, 2023990$270,259$125,808$144,451$216,410$1,341$215,069
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$177,471
Other revenue
$500

Expenses

Grants and similar amounts paid
$51,985
Compensation of officers, directors and key employees
$104,167
Salaries, compensation and benefits (total)
$104,167
Other expenses
$46,564
Program services (functional)
$103,471

Balance sheet and other

Total assets, start of year
$166,429
Total assets, end of year
$140,723
Total liabilities, end of year
$0
Net assets, end of year
$140,723
Cash, savings and investments
$140,462
Gross receipts
$177,971

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MELISSA SCHOENWETHEREXECUTIVE DIRECTOR50$104,167
MIKE PFEFFERTREASURER1$0
JASCHA ZBITNOFFPRESIDENT2$0
JESSICA JOHNSONSECRETARY2$0
CORREY GRONNVICE PRESIDENT1$0
990-EZ for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
KARL HERTZPAST PRESIDENT2$0
MARK ANDERSONTREASURER3$0
COOPER CURTISDIRECTOR2$0
GREG ZADINAVP3$0
MIKE PFEFFERSECRETARY2$0
JASCHA ZBITNOFFDIRECTOR2$0
CYNDY MIKADIRECTOR2$0
TOM PANAMAROFFDIRECTOR2$0
JESSICA JOHNSONSECRETARY2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
TOM PANAMAROFFDIRECTOR
Trustee or director
1$0
JASCHA ZBITNOFFDIRECTOR
Trustee or director
1$0
CYNDY MIKADIRECTOR
Trustee or director
1$0
GREG ZADINADIRECTOR
Trustee or director
1$0
LAURA ARBOLETADIRECTOR
Trustee or director
1$0
JESSICA JOHNSONDIRECTOR
Trustee or director
1$0
COOPER CURTISDIRECTOR
Trustee or director
1$0
KARL HERTZPRESIDENT
Officer
2$0
MARK ANDERSONVP TREASURER
Officer
3$0
MIKE PFEFFERSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 669, KODIAK, AK 99615-0669
In care of
% JASCHA ZBITNOFF
Signed the 990-EZ
JASCHA ZBITNOFF, PRESIDENT
Phone
(907) 942-4650
Return prepared by
DAILEY ACCOUNTING SERVICES INC

Mission

ECON DEV & RESILIENCY ON KODIAK ISLAND

990-EZ for the year ended December 31, 2025

Program accomplishments

  • HOUSING, BUSINESS DEVELOPMENT & WORKFORCE DEVELOPMENT
    Expenses $103,471 · grants $51,985

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-1350923
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$140,723
Income (IRS master file)
$177,971

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$177,971$202,716$140,723XML
990-EZDecember 2024$121,250$170,851$166,429XML
990December 2023$270,259$125,808$216,410XML
990December 2022$299,742$247,948$70,619IRS
990-EZDecember 2021–––IRS

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 85-1350923).

Questions about KODIAK ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of KODIAK ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of KODIAK ECONOMIC DEVELOPMENT CORPORATION is 85-1350923.
Is KODIAK ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to KODIAK ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KODIAK ECONOMIC DEVELOPMENT CORPORATION 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 KODIAK ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KODIAK ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of KODIAK ECONOMIC DEVELOPMENT CORPORATION?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $104,167 (MELISSA SCHOENWETHER, EXECUTIVE DIRECTOR).
How much revenue does KODIAK ECONOMIC DEVELOPMENT CORPORATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $177,971, expenses of $202,716 and total assets of $140,723 at year end.

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