Overview
What is Spruce Root Inc?
Spruce Root Inc, located in Juneau, Alaska, is a nonprofit partnership comprised of organizations and individuals who share the goal of empowering Southeast Alaska communities to thrive culturally, ecologically, and economically. With a mission to drive regenerative economies across Southeast Alaska, Spruce Root strives to help communities build sustainable, resilient futures rooted in their unique indigenous place. The organization aims to assist people, businesses, and communities in Southeast Alaska in achieving long-term economic, social, and environmental resilience. Through innovation, sustainability, and collaboration, Spruce Root provides micro and small business loans to eligible borrowers in these communities via its CDFI program. The team at Spruce Root consists of 17 dedicated employees.
Official website here: www.spruceroot.org
Is Spruce Root Inc legitimate?
Spruce Root Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spruce Root Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $161,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $987,770
For more financial information, click here
Official website here: www.spruceroot.org
What is the mission statement of Spruce Root Inc?
Spruce Root Inc is dedicated to helping people, businesses, and communities in Southeast Alaska achieve long-term economic, social, and environmental resilience. Through innovation, sustainability, and collaboration, the organization aims to improve economic conditions in Southeast Alaska. Spruce Root Inc provides micro and small business loans to eligible borrowers in these communities, acting as a Community Development Financial Institution (CDFI). Their mission extends beyond individual organizations as they collaborate with various groups through the Sustainable Southeast Partnership to empower Southeast Alaska communities and strengthen their cultural, ecological, and economic prosperity. By working together, they believe they can have a greater impact on community sustainability than working independently.
Official website here: www.spruceroot.org
Who is the CEO of Spruce Root Inc?
What is the revenue of Spruce Root Inc?
Who are the executives of Spruce Root Inc and what are their salaries?
The average compensation at Spruce Root Inc during 2022 was $67,595. There are 17 employees and 7 volunteers at Spruce Root Inc.
Here are 8 key members and their salaries:
- Alana Peterson (Executive Director)
- Leslie Isaacss (Chair) [Trustee/Director]
- Chris Perez (President, Finance Committee) [Trustee/Director]
- Joe Nelson (Secretary) [Trustee/Director]
- Norman Cohen (Treasurer, Finance Committee) [Trustee/Director]
- Anthony Mallott (Investment Committee, Ssp Steering Committee) [Trustee/Director]
- La Quen Nay Liz Medicine Crow (Board Member) [Trustee/Director]
- Sarah Dybdahl (Board Member, Investment Committee) [Trustee/Director]
Official website here: www.spruceroot.org
Where can I find the form 990 for Spruce Root Inc?
The Spruce Root Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.spruceroot.org
Learn more at the official website: www.spruceroot.org
Mission Statement of Spruce Root Inc
Spruce Root Inc, a Community Development Financial Institution (CDFI), is dedicated to assisting people, businesses, and communities in Southeast Alaska in achieving long-term economic, social, and environmental resilience. In simple terms, Spruce Root Inc strives to improve economic conditions in Southeast Alaska by promoting innovation, sustainability, and collaboration.
The mission of Spruce Root Inc is multifaceted. It aims to empower the people of Southeast Alaska by providing them with the resources and support they need to build sustainable and resilient communities. By offering micro and small business loans to eligible borrowers in these communities, Spruce Root Inc helps to foster economic growth and development.
Moreover, Spruce Root Inc recognizes the importance of collaboration in addressing the complex challenges associated with community sustainability. To this end, the organization has formed the Sustainable Southeast Partnership (SSP), a growing collaboration of organizations and individuals who share a common goal of strengthening cultural, ecological, and economic prosperity in Southeast Alaska. Through this partnership, Spruce Root Inc and its partners believe they can have a greater impact by working together on the challenges of community sustainability than by working independently.
Impact
This information is meant to be a general summary of Spruce Root Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Spruce Root Inc drives regenerative economies across Southeast Alaska, empowering communities to forge futures grounded in this uniquely indigenous place. Through its Sustainable Southeast Partnership (SSP), Spruce Root collaborates with organizations and individuals to strengthen cultural, ecological, and economic prosperity, sustainability, and resilience in the region. By working collaboratively, Spruce Root believes it can have a greater impact on the complex challenges associated with community sustainability than by working alone. The organization's mission is to assist Southeast Alaska's people, businesses, and communities in reaching long-term economic, social, and environmental resilience, and improve economic conditions in Southeast Alaska communities through innovation, sustainability, and collaboration. Spruce Root's focus on community improvement is essential in creating positive and lasting change in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKFORCE/BUSINESS PROGRAMS
Revenue
$146,611
CDFI LENDING
Revenue
$82,900
Organization Details
Founding Year
2012
Phone
(907) 586-1512
Principal Officer
Alana Peterson
Main Address
ONE SEALASKA PLAZA 400, JUNEAU, AK, 99801
Website
www.spruceroot.org
NTEE Category
Code: S30 - Community improvement
If you are a representative of Spruce Root Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.