Klondike Development Organization

What Klondike Development Organization does

Klondike Development Organization (KDO) is a not-for-profit Community Economic Development partnership based in Dawson City, Yukon, Canada, established in 2009. It is governed jointly by Chief Isaac Incorporated (the development corporation of the Tr'ondëk Hwëch'in First Nation), the City of Dawson, the Dawson City Arts Society, the Dawson City Chamber of Commerce, and the Klondike Visitors Association, and operates from shared office space at 1102 Front Street within the Klondike Visitors Association's facility.

KDO's operations consist of two social enterprises and a portfolio of free community services. Its core physical assets are two 8-unit rental apartment complexes (opened 2017 and 2019, total 16 units) operated on a cost-recovery not-for-profit model targeting rent between rent-geared-to-income social housing and private market housing, with a third 6-plex project in pre-development as of 2024. The second social enterprise is the 199 kW AC Dome Road Solar Power Farm, commissioned in March 2022 on a former municipal landfill site under a low-cost City of Dawson lease, generating up to 280 MWh annually for sale to Yukon Energy Corporation under an Energy Purchase Agreement, with all revenues reinvested in community activities. Supporting services include community economic development research (household, business, labour-market, land-demand, and farming surveys), enterprise facilitation for local entrepreneurs, a property search tool for Dawson City zoning and availability, and recurring partnership forums. Capital has been assembled from federal programs (CMHC, Arctic Energy Fund, Northern REACHE, Infrastructure Canada), territorial agencies (Yukon Housing Corporation, Innovative Renewable Energy Initiative), the City of Dawson, and commercial mortgage financing from CIBC.

Name

Klondike Development Organization

Legal name

Klondike Development Organization

Website

https://klondikedevelopment.com

Company type

Private

Founded year

2009

Operating status

Operating

Short description

Klondike Development Organization is a not-for-profit partnership in Dawson City, Yukon that builds and operates affordable rental housing (16 units across two complexes) and a 199 kW community solar farm, reinvesting all revenues into local economic development services for residents, newcomers, and businesses.

Ownership category

akta.pro rank

Product category

Community Economic Development Services

NAICS

Solar Electric Power Generation (221114), Lessors of Residential Buildings and Dwellings (53111)

SIC

Cogeneration Services & Small Power Producers (4991), Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro industry

PRIMARYEUAMABAB

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)

SECONDARYBPAJAFAB

Single-Family Rental (SFR) Property Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Residential Property Management

Keywords

• Affordable rental housing
• Community economic development
• Solar power generation
• Not-for-profit housing
• Renewable energy production

Headquarters

HQ city

Dawson City

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Solar Power Generation (IPP): Independent Power Producer model generating revenue through electricity sales to Yukon Energy Corporation. First 10 years operating on cost-recovery basis with long-term profit forecasts. All revenues reinvested in community activities such as affordable housing, community research and other projects.
2. Rental Housing Operations: Operates two 8-unit apartment complexes on cost-recovery, not-for-profit model targeting rent between rent-geared-to-income (social housing) and private market housing. A 6-plex project is in pre-development.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Klondike Development Organization (KDO) operates two 8-unit affordable rental apartment complexes in Dawson City on a cost-recovery, not-for-profit basis, targeting rent between social housing and private market housing. KDO also operates the Dome Road Solar Power Farm, a 199 kW AC solar installation connected to the Yukon electrical grid, generating up to 280 MWh annually. Supporting activities include community economic development research, enterprise facilitation for local businesses, and partnership forums for community engagement.

Product overview

Klondike Development Organization is a not-for-profit focused on Community Economic Development, operating a portfolio of social enterprises and community services. The core offerings include two 8-unit rental apartment complexes (KDO Apartments at 6th & King, opened 2017, and 3rd Avenue Apartments, opened 2019) with a 6-plex project in pre-development, all operated on a not-for-profit cost-recovery model for affordable housing. The Dome Road Solar Power Farm (199 kW AC, operational since March 2022) is a social enterprise generating renewable energy for the Yukon grid with revenues reinvested in community activities. Supporting services include community economic development research, enterprise facilitation for local businesses, a property search tool for Dawson City, and partnership forums for community engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• KDO Apartments (6th & King) Eight-unit rental apartment complex located at 1091 6th Ave (corner of 6th & King) in Dawson City, Yukon. Operated on a not-for-profit, cost-recovery model targeting an affordability niche between rent-geared-to-income (social housing) and private market housing, intended for individuals, couples, small families, community service workers, students, and seasonal workers.
• 3rd Avenue Apartments Second eight-unit rental apartment complex located on 3rd Avenue in Dawson City, Yukon. Not-for-profit rental housing operated on a cost-recovery model, providing additional affordable housing stock to the Dawson City market.
• Dome Road Solar Power Farm 199 kW AC grid-connected solar photovoltaic power installation on a former municipal landfill in Dawson City, selling renewable electricity to Yukon Energy Corporation under an Independent Power Producer (IPP) Energy Purchase Agreement. Generates up to 280 MWh annually and offsets 91–122 tonnes of CO2 per year, with revenues reinvested in community projects.
• Enterprise Facilitation Free business advisory and support service for individuals, businesses, and community groups in the Klondike region. Includes venture opportunities identification, business support fair coordination, and assistance starting or expanding businesses. Open to anyone regardless of background, need, or ambition.

Quantifiable outcome

• 2000 population milestone reached in 2013, first time in 14 years (7% increase in 3 years since KDO started)
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered core.

• Chief Isaac Incorporated (Tr'ondëk Hwëch'in)coreStrategic or Co-development Partner · 1 January 2009Development corporation of the Tr'ondëk Hwëch'in First Nation, forming the Indigenous partnership component of KDO's multi-stakeholder collaborative model for community economic development in Dawson City.
• City of DawsoncoreStrategic or Co-development PartnerMunicipal government partner providing development incentives, land lease for solar project, and co-funding for community projects. Longstanding partner in KDO initiatives.
• Dawson City Arts SocietycoreStrategic or Co-development PartnerArts society partner contributing to cultural economic development initiatives within the KDO partnership structure.
• Dawson City Chamber of CommercecoreStrategic or Co-development PartnerBusiness community representative partner in KDO, sharing office space and collaborating on economic development initiatives.
• Klondike Visitors AssociationcoreStrategic or Co-development PartnerTourism organization partner in KDO, sharing office space and collaborating on tourism-related economic development. Supports projects like Dome enhancement.
• Yukon Energy CorporationcoreStrategic or Co-development PartnerUtility partner through Energy Purchase Agreement for Dome Road Solar IPP project, connecting renewable energy to Yukon electrical grid. Provided grid interconnection support.
• Yukon Housing CorporationcoreStrategic or Co-development PartnerTerritorial housing agency providing capital grants and municipal matching program funding for KDO's affordable rental housing projects.
• Canada Mortgage and Housing Corporation (CMHC)coreStrategic or Co-development PartnerFederal housing agency providing funding and support for KDO's community-based rental housing projects.
• Solvest Inc.coreTechnology or IntegrationYukon-based solar design and construction contractor responsible for Dome Road Solar project engineering and installation.
• Oro EnterprisescoreTechnology or IntegrationDawson City construction company awarded contracts for KDO housing projects (8-unit apartment complexes) design and build.
• Tr'ondëk Hwëch'incoreStrategic or Co-development PartnerFirst Nation government whose Traditional Territory includes Dawson City; partner in Regional Economic Development Plan (REDP) implementation and various community projects.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Habitat for Humanity Canada: National nonprofit providing affordable homeownership and rental housing across Canada. Comparable nonprofit affordable housing model with CMHC and municipal funding partnerships, though operating at much larger national scale.
• CMHC (Canada Mortgage and Housing Corporation): Federal housing agency that funds affordable housing projects nationally. Comparable as affordable housing provider and parallel capital funder, though operating as federal Crown corporation at vastly larger scale.
• Canadian CED Network: National network of community economic development organizations across Canada. Comparable CED nonprofit model focused on local economic resilience, social enterprise, and inclusive local economies, though operating at network/sector level rather than direct service delivery.

Others

• Imagine Canada: National nonprofit supporting the charitable sector. Comparable as Canadian nonprofit infrastructure organization, though provides sector support rather than direct affordable housing or renewable energy delivery.

Direct peers

• Alternatives North: NWT social planning and community economic development organization. Directly comparable as a small, northern Canadian CED nonprofit working on housing, economic development, and community resilience in a remote-region context.
• NWT Housing Corporation: Territorial housing agency in neighboring Northwest Territories providing affordable rental housing and capital funding. Comparable in scale and northern/remote operating context, addressing similar housing shortage challenges in small communities.
• Co-operative Housing Federation of Canada: National federation supporting co-operative and nonprofit housing providers. Directly comparable nonprofit affordable housing operating model serving low-to-moderate income Canadians, with similar cost-recovery not-for-profit structure.
• Arctic Energy Alliance: NWT nonprofit promoting energy efficiency and renewable energy adoption in remote northern communities. Directly comparable as a northern-focused nonprofit driving community-scale renewable energy deployment and energy literacy.
• Vuntut Development Corporation: Development corporation of Vuntut Gwitchin First Nation in Old Crow, Yukon. Directly comparable Indigenous-led community economic development corporation operating in a remote Yukon First Nation community with similar partnership and capacity-building functions.
• Yukon Housing Corporation: Yukon territorial housing agency that funds and supports affordable rental housing across the territory. Direct comparable in same jurisdiction providing affordable housing, and KDO's principal housing funding partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/KlondikeDevelopmentOrganization

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Klondike Development Organization