Chinook Foundation
- Assets
- $46.5k
- Revenue
- $261.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gustavus, AK
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 27-0692480
Organization Overview
Chinook Foundation is located in Gustavus, AK. The organization was established in 2012. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinook 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 12/2021, Chinook Foundation generated $261.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (40.1%) each year. All expenses for the organization totaled $543.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (37.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO LOCAL FOOD BANK OPERATED BY GUSTAVUS CHRISTIAN CHURCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Ogden Trustee | 1 | $0 | |
Susan Ogden Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $257 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $543 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,550 |
| Savings and temporary cash investments | $43,940 |
| 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 | $46,490 |
| 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 | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |
Crystal Spring Foundation Seattle, WA | $0 | $2,197,015 |
Mooney Charitable Trust Seattle, WA | $0 | $134,132 |
Hoveida Family Foundation Bainbridge Island, WA | $72,514,243 | $1,071,136 |
Brotman Family Foundation Seattle, WA | $0 | $0 |
Ellison Foundation Bellevue, WA | $46,870,043 | $2,052,010 |