#34of 1,000 in 2025

Alaska Corporation for Affordable

Location
Anchorage, Alaska
Sector
Housing
Founded
2012
Website
ahfc.us
2,740%Three-year growth, FY2022 to FY2025
$13.7MFY2025 revenue
0Employees, FY2025
#4of 74 in Housing
#1of 7 in Alaska

Revenue by fiscal year

FY2022: $481,012 $481K FY22 FY2023: $13,885,295 $13.9M FY23 FY2024: $1,854,833 $1.9M FY24 FY2025: $13,659,403 $13.7M FY25

Where revenue came from, FY2025

Government grants
$7.2M · 53%
Other revenue
$4.7M · 34%
Related organizations
$1.1M · 8%
Program revenue
$733K · 5%
Total revenue on the 990
$13,904,288
Investment income
− $244,885
Revenue we count
$13,659,403

What it does

The corporation's mission is to undertake the types of affordable housing and services that are not open to Alaska Housing directly, but support Alaska Housing's mission of providing affordable housing and services to individuals and groups in need.

A total of 106 units of affordable housing were completed in prior fiscal years. 40 units of family housing were put into operation in the current year for a total of 146 units of affordable housing in operation. Revenues and expenses are related to the development and management of the 146 units of affordable housing for low income households, as well as the development of 20 new units located in Valdez, Alaska that are expected to be ready for occupation in 2026.

Leadership

Bryan ButcherPresident
Catherine StoneVice President
Vasilios GialopsosVice President
Chelsea SmithDirector of Operations

EIN 46-0942043 · Full filings on ProPublica

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