Juneau Economic Development Council

Organization Overview

Juneau Economic Development Council is located in Juneau, AK. The organization was established in 1988. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Juneau Economic Development Council employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Juneau Economic Development Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2022, Juneau Economic Development Council generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE ECONOMIC DEVELOPMENT IN SOUTHEAST ALASKA

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT FOR JUNEAU AS A GREAT CITY INCLUDES THE CHOOSE JUNEAU CAMPAIGN WHICH PROVIDES LOCAL COMMUNITY, ECONOMIC, CULTURAL AND OTHER INFORMATION USEFUL FOR EMPLOYEE RECRUITMENT AND FOR OTHERS MOVING TO JUNEAU. THIS PROGRAM PROVIDES ADMINISTRATIVE AND FINANCIAL MANAGEMENT SUPPORT FOR THE JUNEAU DOWNTOWN BUSINESS ASSOCIATION.


OTHER PROGRAMS INCLUDE SUPPORT FOR SMALL BUSINESS AND ENTREPRENEURSHIP AND DELIVERY OF CORE ECONOMIC DEVELOPMENT. IN ADDITION, THE JEDC, EVALUATED APPLICANTS AND DISBURSED FUNDS TO QUALIFIED BUSINESSES FOR THE STATE OF ALASKA ARPA FUNDS.


DEVELOPING REGIONAL INDUSTRIES INCLUDES IMPLEMENTATION OF LOCAL AND REGIONAL INDUSTRY CLUSTER BASED INITIATIVES THAT ENHANCE THE COMPETITIVENESS OF AND DEVELOP OPPORTUNITIES FOR GROWTH WITHIN THE FOLLOWING MATURE AND EMERGING INDUSTRY SECTORS: VISITOR PRODUCTS; OCEAN PRODUCTS; RENEWABLE ENERGY; RESEARCH & DEVELOPMENT; MINING SUPPLY; MARITIME; AND THE ARTS. EACH CLUSTER HAS DEVELOPED A SET OF INITIATIVES WHICH RANGE FROM PUBLIC POLICY DEVELOPMENT TO ENTREPRENEURIAL SUPPORT TO COMMUNITY EVENTS SUCH AS THE JUNEAU MARITIME FESTIVAL AND DEMONSTRATION PROJECT SUCH AS INSTALLATION OF ELECTRIC VEHICLE CHARGING STATIONS.


TALENT (WORKFORCE DEVELOPMENT) IS FOCUSED ON K-12 EDUCATION PROGRAMMING, PRIMARILY FOCUSED ON EXTRACURRICULAR STEM ENRICHMENT PROGRAMMING INCLUDING THE FIRST ROBOTICS COMPETITION, SUMMER SCIENCE CAMP, AFTERSCHOOL STEM HANDS-ON WORKSHOPS AND ACTIVITIES, TEACHER PROFESSIONAL DEVELOPMENT FOCUSED ON ENGINEERING CURRICULUM BUT ALSO THROUGH FACILITATION OF SCHOOL BASED JUNIOR ACHIEVEMENT PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Garrett Schoenberger
Chair
$0
Karen Carey
Vice Chair
$0
Aaron Morrison
Treasurer
$0
Melissa Kookesh
Secretary
$0
Jake Carpenter
Director
$0
Trenton English
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $528,465
All other contributions, gifts, grants, and similar amounts not included above$139,158
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$667,623
Total Program Service Revenue$1,744,016
Investment income $113,207
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,522
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $5,772
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,532,140

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