Nonprofit · EIN 92-0143907
KDS INC
Tax-exempt · ANCHORAGE, AK 99503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,456,954 | $76,911 | $3,380,043 | $28,044,895 | $7,553 | $28,037,342 |
| December 31, 2023 | 990 | $6,149,405 | $73,361 | $6,076,044 | $31,660,699 | $3,400 | $31,657,299 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,456,954
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,800
- Program services (functional)
- $76,911
Balance sheet and other
- Total assets, start of year
- $31,660,699
- Total assets, end of year
- $28,044,895
- Total liabilities, end of year
- $7,553
- Net assets, end of year
- $28,037,342
- Net assets without donor restrictions
- $28,037,342
- Gross receipts
- $3,456,954
- Employees
- 0
- Year formed
- 2013
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Janis Ivanoff | President & CEO Officer | 1 | $0 | $393,137 | $79,949 |
| Simon Kinneen | VP and CBO Officer | 1 | $0 | $288,401 | $74,855 |
| Tyler Rhodes | COO Officer | 1 | $0 | $268,638 | $73,076 |
| Matt Coates | Treasurer & CFO Officer | 1 | $0 | $228,097 | $69,428 |
| Wes Jones | Quota Manager | 1 | $0 | $188,066 | $65,825 |
| Paul Ivanoff | Comm Benefits Dir | 1 | $0 | $168,799 | $64,097 |
| Justin Noffsker | NSSP Director | 1 | $0 | $181,895 | $45,075 |
| Josh Osborne | NSSP Plant Manager | 1 | $0 | $173,477 | $44,317 |
| Kathy Wheelehan | Secretary Officer | 1 | $0 | $181,434 | $32,563 |
| Leslie Ladegard | HR Director | 1 | $0 | $163,211 | $43,393 |
| Frank Katchatag | Chairman Trustee or director, Officer | 1 | $0 | $61,998 | $0 |
| Milton Cheemuk | Director Trustee or director | 1 | $0 | $60,727 | $0 |
| James Sherman | Director Trustee or director | 1 | $0 | $60,280 | $0 |
| Dean Peterson | Director Trustee or director | 1 | $0 | $55,797 | $0 |
| Harvey Sookiayak | Director Trustee or director | 1 | $0 | $54,924 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Daniel Harrelson | Director Trustee or director | 1 | $0 | $54,855 |
| Anna Oxereok | Director Trustee or director | 1 | $0 | $50,929 |
| Shirley Antoghame | Director Trustee or director | 1 | $0 | $50,117 |
| Frieda Southall | Director Trustee or director | 1 | $0 | $49,116 |
| Preston Rookok | Director Trustee or director | 1 | $0 | $49,098 |
| Morris Nashoanak | Director Trustee or director | 1 | $0 | $48,547 |
| Joseph Garnie | Director Trustee or director | 1 | $0 | $46,836 |
| Melvin Otton | Director Trustee or director | 1 | $0 | $44,356 |
| Arthur Amaktoolik | Director Trustee or director | 1 | $0 | $39,404 |
| Samantha Ozenna | Director Trustee or director | 1 | $0 | $18,335 |
| Frances Ozenna | Director Trustee or director | 1 | $0 | $11,415 |
| Ronald Daniels | Director Trustee or director | 1 | $0 | $6,304 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Janis Ivanoff | President & CEO Officer | 1 | $0 | $334,315 | $66,094 |
| Simon Kinneen | VP and CBO Officer | 1 | $0 | $267,677 | $61,182 |
| Tyler Rhodes | COO Officer | 1 | $0 | $253,196 | $60,008 |
| Matt Coates | Treasurer & CFO Officer | 1 | $0 | $213,782 | $57,602 |
| Justin Noffsker | Operations Manager | 1 | $0 | $174,330 | $35,848 |
| Wes Jones | Quota Manager | 1 | $0 | $150,950 | $55,196 |
| Josh Osborne | NSSP Plant Manager | 1 | $0 | $169,733 | $35,762 |
| Paul Ivanoff | Community Benefits | 1 | $0 | $135,541 | $54,276 |
| Kathy Wheelehan | Secretary Officer | 1 | $0 | $158,700 | $24,579 |
| Renae Ivanoff | NSFR&D Director | 1 | $0 | $131,054 | $21,911 |
| Frank Katchatag | Chairman Trustee or director, Officer | 1 | $0 | $58,366 | $0 |
| James Sherman | Director Trustee or director | 1 | $0 | $56,722 | $0 |
| Milton Cheemuk | Director Trustee or director | 1 | $0 | $54,976 | $0 |
| Anna Oxereok | Director Trustee or director | 1 | $0 | $50,537 | $0 |
| Harvey Sookiayak | Director Trustee or director | 1 | $0 | $50,434 | $0 |
| Daniel Harrelson | Director Trustee or director | 1 | $0 | $50,419 | $0 |
| Morris Nashoanak | Director Trustee or director | 1 | $0 | $49,924 | $0 |
| Arthur Amaktoolik | Director Trustee or director | 1 | $0 | $49,509 | $0 |
| Preston Rookok | Director Trustee or director | 1 | $0 | $49,221 | $0 |
| Melvin Otton | Director Trustee or director | 1 | $0 | $47,494 | $0 |
| Dean Peterson | Director Trustee or director | 1 | $0 | $47,406 | $0 |
| Joseph Garnie | Director Trustee or director | 1 | $0 | $45,506 | $0 |
| Sara Seetot | Director Trustee or director | 1 | $0 | $40,001 | $0 |
| Frances Ozenna | Director Trustee or director | 1 | $0 | $34,579 | $0 |
| Shirley Antoghame | Director Trustee or director | 1 | $0 | $30,464 | $0 |
| Frieda Southall | Director Trustee or director | 1 | $0 | $13,155 | $0 |
Address and contacts
- Address (IRS master file)
- 2701 GAMBELL STREET 400, ANCHORAGE, AK 99503-2834
- In care of
- % NORTON SOUND ECONOMIC DEVELOPMENT
- Principal officer (990 for 2024)
- Janis Ivanoff, 2701 Gambell Street 400, Anchorage, AK 99503
- Signed the 990
- Janis Ivanoff, President & CEO
- Phone
- (907) 274-2248
- Return prepared by
- ALTMAN ROGERS & CO
Mission
KDS, Inc. holds title to property for Norton Sound Development Corporation (NSEDC), EIN 86-0710852, which is tax exempt under 501(c)(4). NSEDC's purpose is to promote economic development in the Norton Sound region as a participant in the Community Development Quota Program which uses quota share income to fund economic development activities in member villages in western Alaska, in accordance with section 305(I)(1) of the Magnuson-Stevens Fishery Conservation and Management Act, codified at 16 USC 1855(I)(1).
Program accomplishments
- Collected royalties and passed income directly to parent company NSEDC, to fund economic development and other activities in the Norton Sound region.Expenses $76,911 · revenue $3,456,954
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0143907
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $28,044,895
- Income (IRS master file)
- $3,456,954
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,456,954 | $76,911 | $28,044,895 | XML |
| 990 | December 2023 | $6,149,405 | $73,361 | $31,660,699 | XML |
| 990 | December 2022 | $5,561,948 | $71,666 | $25,581,255 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 92-0143907).
Questions about KDS INC
- What is the EIN of KDS INC?
- The employer identification number (EIN) of KDS INC is 92-0143907.
- Is KDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2014.
- Are donations to KDS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KDS INC 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 KDS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KDS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KDS INC?
- The 990 for the year ended December 31, 2024 names Janis Ivanoff.
- Who are the officers and directors of KDS INC?
- The 990 for the year ended December 31, 2024 lists 27 people; 0 received compensation from the organization.
- How much revenue does KDS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,456,954, expenses of $76,911 and total assets of $28,044,895 at year end.
Other nonprofits in ANCHORAGE
- COASTAL VILLAGES REGION FUND EIN 92-0156736 · last filed 990 for 2024
- ALEUTIAN-PRIBILOF ISLANDS EIN 92-0073013 · last filed 990 for 2025
- RURAL ALASKA COMMUNITY ACTION PROGRAM INC EIN 92-0033876 · last filed 990 for 2025
- COOK INLET LENDING CENTER INC EIN 92-0177969 · last filed 990 for 2024
- FIRST ALASKANS INSTITUTE EIN 92-0174854 · last filed 990 for 2024
- LAUNCH ALASKA EIN 47-4899425 · last filed 990 for 2025
- TLO TX3 INVESTMENTS LLC EIN 81-2444790 · last filed 990 for 2025
- PARTNERS FOR PROGRESS EIN 92-0162532 · last filed 990 for 2025
All nonprofits in ANCHORAGE · Alaska · Community improvement and capacity building