SPRUCE ROOT INC
ONE SEALASKA PLAZA STE 400, JUNEAU, AK 99801 spruceroot.org

Total Revenue
$1,323,136
Total Expenses
$1,262,316
Net Assets
$998,619

Organizations Filed Purposes: TO ASSIST SOUTHEAST ALASKAS PEOPLE, BUSINESSES, AND COMMUNITIES IN REACHING LONG-TERM ECONOMIC, SOCIAL, AND ENVIRONMENTAL RESILIENCE.

IMPROVING ECONOMIC CONDITIONS IN SOUTHEAST ALASKA COMMUNITIES THROUGH INNOVATION, SUSTAINABILITY AND COLLABORATION. THE CDFI WILL PROVIDE MICRO AND SMALL BUSINESS LOANS TO ELIGIBLE BORROWERS IN THOSE COMMUNITIES.

THE SUSTAINABLE SOUTHEAST PARTNERSHIP (SSP) IS A GROWING COLLABORATION OF ORGANIZATIONS WHOSE COMMON GOAL IS TO EMPOWER SOUTHEAST ALASKAN COMMUNITIES TO DEVELOP CULTURAL, ECOLOGICAL AND ECONOMIC PROSPERITY, SUSTAINABILITY AND RESILIENCE. WE HAVE COME TOGETHER TO WORK COLLABORATIVELY THROUGH THIS PARTNERSHIP BECAUSE WE BELIEVE THAT WE CAN HAVE GREATER IMPACT BY WORKING TOGETHER ON THE COMPLEX CHALLENGES ASSOCIATED WITH COMMUNITY SUSTAINABILITY THAN BY WORKING ON OUR OWN.

DURING 2019, SPRUCE ROOT, INC. CONTINUED ITS LENDING ACTIVITIES AND COMMITTED SIGNIFICANT EFFORTS TO SECURE ADDITIONAL FUNDING TO INCREASE ITS AVAILABLE CAPITAL FOR LENDING TO ELIGIBLE BORROWERS IN SOUTHEAST ALASKA.

THE PATH TO PROSPERITY (P2P) PROGRAM IS A BUSINESS COMPETITION THAT PROMOTES ENTREPRENEURIAL ACTIVITIES IN ITS TARGET COMMUNITIES. OVER 250 BUSINESSES HAVE PARTICIPATED IN THE PROGRAM TO DATE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Alana PetersonEXECUTIVE DI40$99,895
Susan BellDIRECTOR1$0
Joe NelsonDIRECTOR1$0
Norman CohenDIRECTOR1$0
Leslie IssacsDIRECTOR1$0
Anthony MallottBOARD TREASU1$0
Joe NelsonBOARD SECRET1$0
Christopher PerezBOARD PRESID1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003229349301405_public.xml