Spruce Root Inc
SEE SCHEDULE OTO ASSIST SOUTHEAST ALASKAS 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. THE CDFI PROVIDES MICRO AND SMALL BUSINESS LOANS TO ELIGIBLE BORROWERS IN THOSE COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$38.8M
+27.7% YoY
Annual Giving
$659K
-27.3% YoY
Grant Count
12
-25.0% YoY
Avg Grant Size
$55K
-3.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,810,332 | $30,397,018 | $21,033,643 |
| Revenue | $12,064,509 | $8,914,190 | $20,825,542 |
| Expenses | $5,040,398 | $3,997,069 | $2,913,388 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $801,932 | $674,961 | $2,585 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Spruce Root Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LESLIE ISAACSS | CHAIR | 0.5 | — |
| CHRIS PEREZ | PRESIDENT, FINANCE COMMITTEE | 0.5 | — |
| JOE NELSON | SECRETARY, SSP STEERING COMMITTEE | 0.5 | — |
| ANTHONY MALLOTT | BOARD MEMBER, TREASURER | 0.5 | — |
| LA QUEN NAAY TSIITS GIT ANEE | BOARD MEMBER, FINANCE COMMITTEE, SSP STEERING COMM | 0.5 | — |
| SARAH DYBDAHL | BOARD MEMBER, SENIOR LOAN ADVISORY COMMITTEE | 0.5 | — |
| ROBERT ALLEN | BOARD MEMBER, SENIOR LOAN ADVISORY COMMITTEE | 0.5 | — |
| ALANA PETERSON | EXECUTIVE DIRECTOR | 35 | $157,523 |
| LAUREL STARK | FINANCE DIRECTOR | 35 | $121,254 |
| ASHLEY SNOOKES | CLIENT SERVICES DIRECTOR | 35 | $102,904 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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