Girdwood Inc is located in Girdwood, AK. The organization was established in 2004. 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. As of 12/2023, Girdwood Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Girdwood Inc 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 12/2023, Girdwood Inc generated $953.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $454.0k during the year ending 12/2023. While expenses have increased by 12.1% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GIRDWOOD, INC. IS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES TO FACILITATE THE PUBLIC SERVICE NEEDS OF THE GIRDWOOD VALLEY AND TO PURSUE OTHER EDUCATIONAL AND CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION OF THE ROUNDHOUSE AT ALYESKA INCLUDING INTERIOR, EXTERIOR, AND INSTALLATION OF EXHIBITS CREATING A PUBLIC MUSEUM DETAILING AREA HISTORY AND WINTER RECREATION AT MT. ALYESKA SKI AREA. SERVES GIRDWOOD AND TURNAGAIN ARM (APPROX. 3,720), VISITORS FROM ALASKA AND OUT OF STATE VISITORS NUMBERING OVER 1 MILLION EACH YEAR. OPEN FOR VISITORS IN 2008. ONGOING OPERATIONS AND MAINTENANCE.
ADAPTIVE SKI PROGRAM: SUPPORT ADAPTIVE SKI PROGRAM AT LOCAL SKI AREA. MORE THAN 100 INDIVIDUALS ARE INVOLVED IN THE PROGRAM. NO ACTIVITY IN 2023. BAHNSON MEMORIAL GARDEN: ONGOING FUNDING AND MAINTENANCE FOR THE BAHNSON MEMORIAL GARDEN COMPLETED IN 2017. THE GARDEN IS CENTRAL TO THE COMMUNITY AND USED BY RESIDENTS AS WELL AS VISITORS. GIRDWOOD TRAILS: SUPPORT AND MAINTENANCE FOR THE GIRDWOOD TRAIL SYSTEM USED BY RESIDENTS AND VISITORS TO THE COMMUNITY. THIS INCLUDES REHAB TO THE HAND TRAM AND OTHER TRAILWORK. ESTIMATED 10,000 INDIVIDUALS SERVED. GIRDWOOD PLAYGROUND: ONGOING FUNDING AND MAINTENANCE FOR GIRDWOOD PLAYGROUND COMPLETED IN 2006. GIRDWOOD LIBRARY & COMMUNITY CENTER: SUPPORT GIRDWOOD LIBRARY AND COMMUNITY CENTER BUILDING PROJECT. COLLECT PUBLIC CONTRIBUTIONS TO SUPPORT THE PROJECT COMPLETED IN 2008. SERVES THE GIRDWOOD COMMUNITY (2,720), ADJOINING AREAS (1,000), VISITORS FROM ANCHORAGE (290,000 POPULATION) AND OUT OF STATE VISITORS NUMBERING MORE THAN 1 MILLION PER YEAR. SKATEBOARD PARK: SUPPORT LOCAL EFFORT TO FUNDRAISE TO RENOVATE AND MAINTAIN LOCAL SKATEBOARD PARK SERVING USERS FROM GIRDWOOD AND SURROUNDING COMMUNITIES (3,720) AS WELL AS VISITORS TO THE AREA. TENNIS COURTS: SUPPORT LOCAL EFFORT TO RENOVATE LOCAL TENNIS COURTS SERVING USERS FROM GIRDWOOD AND SURROUNDING COMMUNITIES (3,720) AS WELL AS VISITORS TO THE AREA. NO ACTIVITY IN 2023. WINNER CREEK BRIDGE: SUPPORT EFFORT TO BUILD A BRIDGE TO SERVE OUTDOOR RECREATIONISTS ON THE WINNER CREEK TRAIL. NO ACTIVITY IN 2023. COMMUNITY RECREATION CENTER: SUPPORT LOCAL EFFORT TO BUILD A COMMUNITY RECREATION CENTER THAT WILL SERVE RESIDENTS AND VISITORS TO THE COMMUNITY. NO ACTIVITY IN 2023. NISSMAN PAVILION: NISSMAN PAVILION IN FOREST FAIR PARK, SUPPORTED BY DONATIONS AND VOLUNTEER LABOR. USED BY ALL VISITORS TO THE PARK FOR SHELTER AND PICNIC OR COOKING AREA. NO ACTIVITY IN 2023. GIRDWOOD 2020 LECTURE SERIES: SUPPORT COMMUNITY LECTURE SERIES PROVIDING INFORMATION, PROVOKING THOUGHT AND STIMULATING DISCUSSION ABOUT THE GIRDWOOD ENVIRONMENT. NO ACTIVITY IN 2023. GIRDWOOD FUNGUS FAIR: SUPPORT GIRDWOOD FUNGUS FAIR TO EDUCATE THE PUBLIC REGARDING LOCALLY FOUND MUSHROOMS AND OTHER FLORA. PRESENTED TO GIRDWOOD AND SURROUNDING COMMUNITIES (3,720) AND VISITORS FROM ANCHORAGE (290,000 POPULATION). TURNAGAIN NEWS: SUPPORT LOCAL EFFORT TO PRODUCE A NEWSPAPER REPORTING ON EVENTS AND NEWS FOCUSED AROUND THE TURNAGAIN ARM AREA. OTHER PROGRAMS: SAMUELSON TRUST, GIRDWOOD COMMUNITY LAND TRUST, GIRDWOOD SOCCER FIELD, LATITUDE 61: FRIENDS OF GIRDWOOD TRAILS, GO FOR THE GOLD SUPPORTING OLYMPIC ATHLETES, SLADEN MOHL BASEBALL FIELD, AND GIRDWOOD RECYCLING PROJECT.
SUPPORT THE GIRDWOOD CHILDCARE BUILDING PROJECT. COLLECT PUBLIC CONTRIBUTIONS TO SUPPORT THE COMMUNITY EFFORT TO BUILD A CHILDCARE FACILITY THAT WOULD SERVE THE GIRDWOOD COMMUNITY (2,720) AND ADJOINING AREAS (1,000).
SUPPORT LOCAL EFFORT TO COMPLETE A TRANSPARENT, INCLUSIVE REVIEW OF THE GIRDWOOD AREA PLAN WHICH WILL GUIDE GIRDWOOD LAND USE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathleen Cronen Director | Trustee | 0.5 | $0 |
Lynne' Doran Secretary | OfficerTrustee | 1 | $0 |
Alexandra Fletcher Director | Trustee | 0.5 | $0 |
Dale Goodwin President | OfficerTrustee | 1 | $0 |
Hank Hosford Director | Trustee | 0.5 | $0 |
Diana Stone Livingston Treasurer | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $670,000 |
All other contributions, gifts, grants, and similar amounts not included above | $124,444 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $794,444 |
Total Program Service Revenue | $33,874 |
Investment income | $3,561 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$761 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $121,868 |
Miscellaneous Revenue | $0 |
Total Revenue | $952,986 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $90,330 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,397 |
Payroll taxes | $1,234 |
Fees for services: Management | $75,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,500 |
Fees for services: Lobbying | $30,250 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $144,212 |
Advertising and promotion | $750 |
Office expenses | $1,798 |
Information technology | $3,397 |
Royalties | $0 |
Occupancy | $1 |
Travel | $2,728 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $44,402 |
Insurance | $3,344 |
All other expenses | $12,942 |
Total functional expenses | $454,018 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $600 |
Savings and temporary cash investments | $2,717,211 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,500 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $59,672 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,198,770 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $250 |
Total assets | $3,979,003 |
Accounts payable and accrued expenses | $3,317 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,317 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $1,946,035 |
Retained earnings, endowment, accumulated income, or other funds | $2,029,651 |
Total liabilities and net assets/fund balances | $3,979,003 |