Nea Alaska Inc
- Assets
- $20.0m
- Revenue
- $7.3m
- Investments
- $1.3m
- Employees
- 33
- Location
- Juneau, AK
- Founding
- 07/1996
- Data as of
- 08/2021
- EIN
- 92-0022642
Organization Overview
Nea Alaska Inc is located in Juneau, AK. The organization was established in 1996. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 08/2021, Nea Alaska Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nea Alaska Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2021, Nea Alaska Inc generated $7.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $5.9m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nea Alaska Inc has awarded 31 individual grants totaling $588,197. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEA-ALASKA ADVOCATES FOR AN EXCELLENT PUBLIC EDUCATION FOR EACH CHILD IN ALASKA AND FOR THE ADVANCEMENT OF PUBLIC SCHOOL EMPLOYEE INTERESTS. THE CORPORATION IS AN AFFILIATE OF THE NATIONAL EDUCATION ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATIONAL DEVELOPMENT - NEA-ALASKA PROVIDES SUPPORT TO LOCAL LEADERSHIP TO ASSIST THEM IN BUILDING THE CAPACITY OF THEIR LOCAL TO EFFECT CHANGE ON BEHALF OF THEIR MEMBERSHIP. THIS SUPPORT INCLUDES LEADERSHIP TRAINING, ORGANIZATIONAL TRAINING, ADVICE AND COUNSEL AS WELL AS LEADERSHIP IDENTIFICATION AND RECRUITMENT, AND A FULL ARRAY OF TARGETED AND STRATEGIC GUIDANCE.
BARGAINING - NEA-ALASKA PROVIDES EXTENSIVE STAFF AND PROGRAM SUPPORT OF OUR AFFILIATES COLLECTIVE BARGAINING ACTIVITIES. SUPPORT INCLUDES RESEARCH, TRAINING, AND DIRECT ASSISTANCE TO LOCAL AFFILIATE BARGAINING TEAMS DURING NEGOTIATIONS.
CONTRACT MAINTENANCE AND ENFORCEMENT - NEA-ALASKA PROVIDES SUPPORT TO LOCAL AFFILIATES' EFFORTS TO MAINTAIN AND ENFORCE THE COLLECTIVE BARGAINING AGREEMENTS THEY HAVE BARGAINED WITH THEIR EMPLOYER. SUPPORT INCLUDES DIRECT ADVICE AND COUNSEL TO LOCAL LEADERSHIP AND MEMBERSHIP, REPRESENTATION OF THE LOCAL AND OR ITS MEMBERS AT VARIOUS MEETINGS WITH THE EMPLOYER FOR THE PURPOSE OF RESOLVING CONTRACTUAL DISPUTES, AND THE FULL SPECTRUM OF REPRESENTATION IN ARBITRAL AND OTHER ADMINISTRATIVE PROCEEDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Baffone Uniserv Dire | 45 | $138,229 | |
Karen Roope Chief Financ | Officer | 45 | $137,755 |
Debra Omstead Uniserv Dire | 45 | $135,379 | |
Zachary Mannix Communicatio | 45 | $134,526 | |
Hedy Eischeid Uniserv Dire | 45 | $131,094 | |
Monica Southworth Uniserv Dire | 45 | $116,248 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rising Tide Communications Communications | 8/30/18 | $152,206 |
Landye Bennett Blumstein Llp General Counsel | 8/30/18 | $207,924 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $845,067 |
| 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 | $845,067 |
| Total Program Service Revenue | $6,172,595 |
| Investment income | $93,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,768 |
| Net Gain/Loss on Asset Sales | $114,197 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,263,268 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $296,381 |
| 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. | $301,621 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,458,689 |
| Pension plan accruals and contributions | $557,282 |
| Other employee benefits | $696,455 |
| Payroll taxes | $226,607 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,201 |
| Fees for services: Accounting | $28,658 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,842 |
| Fees for services: Other | $280,418 |
| Advertising and promotion | $158,734 |
| Office expenses | $176,440 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $206,774 |
| Travel | $125,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,318 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,876 |
| Insurance | $22,495 |
| All other expenses | $0 |
| Total functional expenses | $5,862,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $462,246 |
| Savings and temporary cash investments | $6,184,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,601 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,103 |
| Net Land, buildings, and equipment | $2,050,733 |
| Investments—publicly traded securities | $9,797,800 |
| Investments—other securities | $1,278,292 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,990,068 |
| Accounts payable and accrued expenses | $382,659 |
| Grants payable | $0 |
| Deferred revenue | $202,156 |
| 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 | $170,197 |
| Total liabilities | $755,012 |
| Net assets without donor restrictions | $19,235,056 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,990,068 |
Grants Awarded
Over the last fiscal year, Nea Alaska Inc has awarded $248,357 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Anchorage, AK PURPOSE: MEMBER ENGAGEMENT | $87,081 |
Palmer, AK PURPOSE: OPERATIONS | $39,845 |
Fairbanks, AK PURPOSE: OPERATIONS | $32,020 |
Fairbanks, AK PURPOSE: OPERATIONS | $22,843 |
Soldotna, AK PURPOSE: OPERATIONS | $16,498 |
Palmer, AK PURPOSE: OPERATIONS | $16,420 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nea Alaska Inc has recieved totaling $743,345.
| Awarding Organization | Amount |
|---|---|
National Education Association Of The United States Washington, DC PURPOSE: FINANCIAL ASSISTANCE | $734,635 |
National Public Pension Coalition Washington, DC PURPOSE: IS TO ENCOURAGE A BROADER UNDERSTANDING OF RETIREMENT SECURITY AND TO PROMOTE STATE AND NATIONAL UNDERSTANDING OF THE NEED TO MAINTAIN DEFINED BENEFIT PENSION SYSTEM FOR PUBLIC EMPLOYEES. | $8,710 |