Alaska Business Development Center Inc

Anchorage, AK
Tax exemption issued: May 1982
EIN: 92-0077825

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Management Services for Small Business, Entrepreneurs (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Revenue

$836,069

Expenses

$739,734

Net Income

$96,335

Net Assets

$604,086

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$375,282	44.9%
Program Services	$460,744	55.1%
Investment Income	$43	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$97,046	13.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$296,748	40.1%

Assets/Debt
Total Assets	$658,545
Total Liabilities	$54,459
Net Assets	$604,086

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$97,046	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

990

Filed on May 14, 2026

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2024

Revenue

$669,866

Expenses

$762,815

Net Income

-$92,949

Net Assets

$507,751

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$315,638	47.1%
Program Services	$353,840	52.8%
Investment Income	$388	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$100,648	13.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$277,409	36.4%

Assets/Debt
Total Assets	$513,053
Total Liabilities	$5,302
Net Assets	$507,751

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$100,648	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

990

Filed on May 15, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2023

Revenue

$763,177

Expenses

$693,120

Net Income

$70,057

Net Assets

$600,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$270,841	35.5%
Program Services	$491,906	64.5%
Investment Income	$430	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,665	14.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$266,811	38.5%

Assets/Debt
Total Assets	$609,359
Total Liabilities	$8,659
Net Assets	$600,700

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$98,665	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

990

Filed on May 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2022

Revenue

$437,022

Expenses

$494,711

Net Income

-$57,689

Net Assets

$530,643

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$237,029	54.2%
Program Services	$199,947	45.8%
Investment Income	$46	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$88,253	17.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$233,231	47.1%

Assets/Debt
Total Assets	$536,941
Total Liabilities	$6,298
Net Assets	$530,643

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$88,253	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

990

Filed on May 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2021

Revenue

$599,259

Expenses

$472,924

Net Income

$126,335

Net Assets

$588,332

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$264,353	44.1%
Program Services	$334,861	55.9%
Investment Income	$45	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$101,747	21.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$237,858	50.3%

Assets/Debt
Total Assets	$661,589
Total Liabilities	$73,257
Net Assets	$588,332

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$101,747	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

990

Filed on May 16, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2020

Revenue

$594,615

Expenses

$581,329

Net Income

$13,286

Net Assets

$461,997

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$204,350	34.4%
Program Services	$390,070	65.6%
Investment Income	$195	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$96,623	16.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$216,178	37.2%

Assets/Debt
Total Assets	$523,043
Total Liabilities	$61,046
Net Assets	$461,997

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$96,623	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

990

Filed on May 18, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2019

Revenue

$585,485

Expenses

$572,495

Net Income

$12,990

Net Assets

$448,711

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$237,924	40.6%
Program Services	$347,342	59.3%
Investment Income	$219	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$92,434	16.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$206,005	36.0%

Assets/Debt
Total Assets	$451,735
Total Liabilities	$3,024
Net Assets	$448,711

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$92,434	$0	$0
Paul Reid (Director)	$0	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0

990

Filed on May 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2018

Revenue

$558,494

Expenses

$511,556

Net Income

$46,938

Net Assets

$435,721

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$162,067	29.0%
Program Services	$396,224	70.9%
Investment Income	$203	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$89,654	17.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$174,396	34.1%

Assets/Debt
Total Assets	$456,368
Total Liabilities	$20,647
Net Assets	$435,721

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$89,654	$0	$0
Paul Reid (Director)	$0	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0

990

Filed on May 16, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2017

Revenue

$548,814

Expenses

$508,759

Net Income

$40,055

Net Assets

$388,783

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$135,883	24.8%
Program Services	$412,765	75.2%
Investment Income	$166	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$257,531	50.6%

Assets/Debt
Total Assets	$394,271
Total Liabilities	$5,488
Net Assets	$388,783

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (President)	$95,118	$0	$0
Paul Reid (Director)	$0	$0	$0
Raymond Koso Jr (Director)	$0	$0	$0

990

Filed on May 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2016

Revenue

$592,539

Expenses

$541,882

Net Income

$50,657

Net Assets

$348,728

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$146,720	24.8%
Program Services	$445,652	75.2%
Investment Income	$167	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$109,248	20.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$147,716	27.3%

Assets/Debt
Total Assets	$356,718
Total Liabilities	$7,990
Net Assets	$348,728

Compensation

Key Employees and Officers	Compensation	Related	Other
Michelle Kern (Vice Preside)	$98,003	$0	$0
Gary Selk (President)	$11,245	$0	$0
Ron Cummings (Director)	$0	$0	$0
Paul Reid (Director)	$0	$0	$0

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990

Filed on May 15, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending June
2015

Revenue

$478,916

Expenses

$464,343

Net Income

$14,573

Net Assets

$298,071

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$132,600	27.7%
Program Services	$346,060	72.3%
Investment Income	$256	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,200	21.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$120,840	26.0%

Assets/Debt
Total Assets	$301,112
Total Liabilities	$3,041
Net Assets	$298,071

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending June
2014

Revenue

$531,057

Expenses

$483,344

Net Income

$47,713

Net Assets

$283,498

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$109,400	20.6%
Program Services	$421,465	79.4%
Investment Income	$192	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$120,247	24.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$115,129	23.8%

Assets/Debt
Total Assets	$294,709
Total Liabilities	$11,211
Net Assets	$283,498

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Revenue

$532,064

Expenses

$550,151

Net Income

-$18,087

Net Assets

$235,785

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$124,275	23.4%
Program Services	$407,461	76.6%
Investment Income	$328	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$154,342	28.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$127,832	23.2%

Assets/Debt
Total Assets	$239,800
Total Liabilities	$4,015
Net Assets	$235,785

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$579,261

Expenses

$587,766

Net Income

-$8,505

Net Assets

$253,872

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$204,175	35.2%
Program Services	$374,628	64.7%
Investment Income	$458	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$148,607	25.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$144,332	24.6%

Assets/Debt
Total Assets	$258,963
Total Liabilities	$5,091
Net Assets	$253,872

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$460,296

Expenses

$554,017

Net Income

-$93,721

Net Assets

$262,377

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$118,860	25.8%
Program Services	$340,257	73.9%
Investment Income	$1,179	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$146,138	26.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$122,286	22.1%

Assets/Debt
Total Assets	$291,936
Total Liabilities	$29,559
Net Assets	$262,377

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

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Updated October 22, 2026

Alaska Business Development Center Inc

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending June 2025

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

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Fiscal Year Ending June 2024

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Fiscal Year Ending June 2023

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Fiscal Year Ending June 2022

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Fiscal Year Ending June 2021

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Fiscal Year Ending June 2020

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Fiscal Year Ending June 2019

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Fiscal Year Ending June 2018

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Fiscal Year Ending June 2017

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Fiscal Year Ending June 2016

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Fiscal Year Ending June 2015

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Fiscal Year Ending June 2014

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Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending June 2012

Fiscal Year Ending June
2025

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

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2006

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2005

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2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001