According to Alaska Nonprofit Sector: Generating Economic Impact, the fourth iteration of the report and published in January 2018, 44,100 people were directly employed by nonprofit organizations in 2015—and counting indirect and induced...
In both examples, it doesn’t matter if the organization offering the service is for profit or not. The non-monetary profit is shared by members of the community. We can simply that three pronged term by referring all value gained as profit.
"Something in the neighborhood of $3 billion comes into the state, and that number is primarily dependent on what we know from the census," said Mike Walsh, the Director of Public Policy at the non-profit consulting company, The Foraker Group.
Among the others who echoed DeWitt's concerns were Eileen Arnold with the Tundra Women’s Coalition, Buck Bukowski of the Veterans of Foreign Wars, and Mike Walsh of The Foraker Group.
State Office of Management and Budget Director Pat Pitney laid out Alaska’s $3 billion-plus budget shortfall with Alaska North Slope crude selling for less than $50 per barrel.
Nonprofit organizations play an integral role in Alaska’s economy.
That was the message from Dennis McMillian, CEO of The Foraker Group, on Wednesday at the joint Kenai-Soldotna Chamber of Commerce luncheon held in Kenai.
State budget cuts are a topic of concern throughout Alaska because of a big drop in oil tax revenue. McMillan said Foraker researchers predicted this drop in income several years ago, and sounded the alarm to the nonprofit sector.