J A & Kathryn Albertson Foundation Inc
- Assets
- $0.0
- Revenue
- $74.1m
- Investments
- $538.3m
- Employees
- 0
- Location
- Boise, ID
- Founding
- 12/1966
- Data as of
- 12/2021
- EIN
- 82-6012000
Organization Overview
J A & Kathryn Albertson Foundation Inc is located in Boise, ID. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. J A & Kathryn Albertson Foundation 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 12/2021, J A & Kathryn Albertson Foundation Inc generated $74.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $37.7m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 3 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDAHO OUTDOOR FIELDHOUSE - A TRAINING AND REHABILITATION FACILITY TO BE USED EXCLUSIVELY IN THE TAX-EXEMPT FUNCTION OF PROVIDING PHYSICAL AND MENTAL HEALTH, EDUCATIONAL, AND REHABILITATION SERVICES TO MILITARY VETERANS, FIRST RESPONDERS AND DISABLED INDIVIDUALS. FOR MORE INFORMATION, SEE WWW.IDAHOFIELDHOUSE.ORG
MISSION 43 - PROVIDES SERVICEMEN, WOMEN, AND MILITARY SPOUSES OPPORTUNITIES TO SUCCEED IN IDAHO AFTER THE MILITARY THROUGH THE PILLARS OF EDUCATION, EMPLOYMENT AND ENGAGEMENT. FOR MORE INFORMATION, SEE WWW.MISSION43.ORG
SUMMIT HYPERBARICS AND WELLNESS - A 501(C)(3) ORGANIZATION THAT IS AN INTEGRAL COMPONENT OF, AND LOCATED ON THE CAMPUS OF THE IDAHO OUTDOOR FIELDHOUSE THAT WILL PROVIDE REHABILITATION SERVICES TO INJURED MILITARY PERSONNEL (ACTIVE,GUARD AND RESERVE), MILITARY VETERANS, FIRST RESPONDERS, AND DISABLED PERSONS. FOR MORE INFORMATION, SEE WWW.SHWIDAHO.ORG
MOLENAAR SKATE PARK - BUILDING OF A PUBLIC SKATE PARK LOCATED AT THE CITY OF BOISE'S MOLENAAR PARK. THE PARK WAS DESIGNED WITH ACCESSIBILITY IN MIND FOR ALL WHEELED USES, INCLUDING ATHLETES WITH PHYSICAL DISABILITIES. FOR MORE INFORMATION, SEE HTTPS://WWW.JKAF.ORG/STORIES/NEW-SKATEPARK-COMING-TO-IDAHO-TO-BE-BUILT-WITH-ACCESSIBILITY-FOR-ALL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Scott Director | 2 | $0 | |
John Prehn Director | 2 | $28,000 | |
Jamie Jo Scott Chairman/pres. | 35 | $178,008 | |
Jl Scott Director | 2 | $16,000 | |
Susan Morris Director | 2 | $28,000 | |
Brian Scott Director/sec'y | 2 | $32,080 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Engineered Structures Inc | 12/30/22 | $19,339,708 |
Steven Wyman | 12/30/22 | $360,122 |
Grindline Skateparks Inc | 12/30/22 | $307,893 |
Drake Cooper | 12/30/22 | $290,124 |
Steven Wyman | 12/30/22 | $0 |
Barker Rinker Seacat Architecture | 12/30/22 | $1,016,803 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,251,791 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,664,212 |
| Total Revenue | $74,080,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $935,335 |
| Pension plans, employee benefits | $0 |
| Depreciation | $213,218 |
| Occupancy | $137,994 |
| Travel, conferences, and meetings | $2,062 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $10,212,516 |
| Contributions, gifts, grants paid | $27,459,985 |
| Total expenses and disbursements | $37,672,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $1,845,097 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $12,776,802 |