Aclt P2

Organization Overview

Aclt P2 is located in Anchorage, AK. The organization was established in 2019. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, 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. Aclt P2 is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HOLD TITLE TO THE PROPERTY LOCATED AT 4133 MOUNTAIN VIEW DRIVE, 3701 MOUNTAIN VIEW DRIVE, AND 3709 MOUNTAIN VIEW DRIVE (ALTOGETHER, THE PROPERTIES FORMERLY OWNED BY ACLT PROPERTIES 2, LLC, WHOLLY OWNED BY THE ANCHORAGE COMMUNITY LAND TRUST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION IS REQUIRED TO COLLECT INCOME FROM ITS RENTAL PROPERTY AND TO TURN OVER THE ENTIRE INCOME, LESS EXPENSES, TO THE ANCHORAGE COMMUNITY LAND TRUST OR OTHER ORGANIZATION(S) EXEMPT UNDER 501(A); EXPENSES INCLUDE MAINTENANCE, DEBT SERVICE, RESERVES, AND OTHER EXPENSES PROPER FOR A CORPORATION HOLDING TITLE TO REAL PROPERTY.


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Board, Officers & Key Employees

Name (title)Compensation
Lori Mccaffrey
Director
$0
Tyler Robinson
Vice Chair
$0
Gary Scott
Vice Chair
$0
Katie St John
Secretary
$0
Kirk Rose
CEO
$0
Inmaly Inthaly
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$67,617
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue -$67,617

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