Rural Alaska Community Action Program Foundation
- Assets
- $3.8m
- Revenue
- $500.2k
- Investments
- $3.7m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 02/1974
- Data as of
- 09/2022
- EIN
- 23-7350548
Organization Overview
Rural Alaska Community Action Program Foundation is located in Anchorage, AK. The organization was established in 1974. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Alaska Community Action Program Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Rural Alaska Community Action Program Foundation generated $500.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $132.2k during the year ending 09/2022. While expenses have increased by 6.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rural Alaska Community Action Program Foundation has awarded 61 individual grants totaling $734,276. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shauna Hegna President | 1 | $0 | |
Dennis Dudley VP Of Grant Making | 1 | $0 | |
Shirley Pittz VP Of Investments | 1 | $0 | |
Joie Millet Secretary | 1 | $0 | |
Nina Henayo Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $290,000 |
| Interest on Savings | $37 |
| Dividends & Interest | $44,833 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $165,282 |
| Capital Gain Net Income | $165,282 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $500,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,906 |
| Total operating and administrative expenses | $35,110 |
| Contributions, gifts, grants paid | $97,093 |
| Total expenses and disbursements | $132,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,496 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,792,310 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,158 |
| Total liabilities | $1,158 |
Grants Awarded
Over the last fiscal year, Rural Alaska Community Action Program Foundation has awarded $171,990 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
DANCING WITH THE SPIRIT PURPOSE: RURAL ALASKA MUSICAL INSTRUMENT PROGRAM | $65,650 |
CITY OF STEBBINS PURPOSE: SAFE HEAVEN FOR CHILDREN | $25,000 |
Kiana, AK PURPOSE: YOUTH ACTIVITY PLANNING | $15,608 |
OCEANS ALASKA MARINE SCIENCE CENTER PURPOSE: GREENHOUSE LINKING TERRESTRIAL AND MARINE | $13,950 |
SEE STORIES PURPOSE: WWII STORIES OF RESILIENCE AND OTHER ELDER STORIES | $10,000 |
LIME VILLAGE TRADITIONAL COUNCIL PURPOSE: COMMUNITY GREENHOUSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coastal Villages Region Fund Anchorage, AK | $305,962,388 | $71,340,049 |
Rural Alaska Community Action Program Inc Anchorage, AK | $41,385,043 | $27,905,721 |
Metropolitan Development Council Tacoma, WA | $25,355,306 | $24,051,543 |
Aleutian-Pribilof Islands Anchorage, AK | $38,968,570 | $29,437,372 |
Friends Of Seattle Waterfront Seattle, WA | $32,295,569 | $18,451,565 |
Yakima County Development Association Yakima, WA | $2,653,869 | $12,280,886 |
Association Of Washington Cities Olympia, WA | $23,978,792 | $13,838,038 |
Southeast Effective Development Seattle, WA | $44,851,964 | $4,590,608 |
Evergreen Business Capital Seattle, WA | $8,313,121 | $5,500,753 |
Community Frameworks Spokane, WA | $20,309,475 | $6,692,007 |
Interim Community Development Association Seattle, WA | $18,632,697 | $4,931,753 |
Seashare Bainbridge Island, WA | $1,261,413 | $3,903,292 |