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Nonprofit Overview
Causes: Real Estate Associations
Mission: Kds inc. Holds title to property for norton sound economic development corporation (nsedc), ein 86-0710582, which is tax exempt under irc 501(c)(4). Nsedc's purpose is to promote economic development in the norton sound region as a participant in the community development quota program, which uses quota share income to fund economic development activities in member villages in western alaska, in accord with section 305(i)(1) of the magnuson-stevens fishery conservation and management act, codified at 16 usc 1855(i)(1).
Programs: Collected royalties and passed income directly to parent company nsedc, to fund economic development and other activities in the norton sound region.