Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2002.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
1 person listed on the 990; $48K paid to officers and key staff.
Kaitlyn Jared’s $1K as Member at Large is at the 1st percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Kaitlyn Jared | $1,392 | — | $52,940 | $48,481 |
| Jonathan Hillis | — | $8,064 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Skagway Development Corporation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes economic development in Skagway, Alaska, by offering resources to local businesses.
Questions for Skagway Development Corporation
Your first name shows with your question. Skagway Development Corporation answers here, for everyone.
Promote econonic development activities in skagway, alaska, by offering various resources to local businesses
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $109K | $188K |
| Land, buildings, equipmentLn 10c | $1K | |
| Total assetsLn 16 | $109K | $194K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $109K | $194K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $5K | |||
| Pay of current officers, directors and key staffLn 5 | $73K | |||
| Other employee benefitsLn 9 | $2K | |||
| Legal feesLn 11b | $630 | |||
| Accounting feesLn 11c | $350 | |||
| Office expensesLn 13 | $13K | |||
| OccupancyLn 16 | $10K | |||
| Depreciation, depletion and amortizationLn 22 | $25K | |||
| InsuranceLn 23 | $1K | |||
| Other expenses (24a–d)Ln 24 | $5K | |||
| Total functional expensesLn 25 | $135K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 12, 2026 | $287K | $180K | $107K | $218K | 990 PDF |
| FY2024Filed with the IRS Jun 3, 2025 | $419K | $377K | $42K | $230K | 990 PDF |
| FY2023Filed with the IRS May 15, 2024 | $233K | $168K | $66K | $231K | 990 PDF |
| FY2022Filed with the IRS Nov 14, 2023 | $266K | $280K | −$15K | $165K | 990 PDF |
| FY2021Filed with the IRS Jun 21, 2022 | $112K | $178K | 990 PDF | ||
| FY2020 ViewingFiled with the IRS Jun 7, 2021 | $220K | $135K | $85K | $194K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $220,260 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, no flags
Part VIII · Statement of revenue $220,260 across 8 lines filed
Part IX · Statement of functional expenses $135,178 across 10 lines filed
Part X · Balance sheet $193,980 assets, 9 lines filed
Part XI · Reconciliation of net assets $193,980 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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