Alaska State Chamber Of Commerce
- Assets
- $741.5k
- Revenue
- $745.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Anchorage, AK
- Founding
- 10/1964
- Data as of
- 12/2022
- EIN
- 92-0026812
Organization Overview
Alaska State Chamber Of Commerce is located in Anchorage, AK. The organization was established in 1964. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Alaska State Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska State Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Alaska State Chamber Of Commerce generated $745.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $781.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Alaska State Chamber Of Commerce has awarded 27 individual grants totaling $1,004,100. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE A HEALTHY BUSINESS ENVIRONMENT IN ALASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS: AS A STATEWIDE ORGANIZATION WITH MEMBERS SCATTERED IN COMMUNITIES ACROSS THE GREAT STATE OF ALASKA, COMMUNICATIONS IS CRUCIAL TO OUR SUCCESS. WITH A PRINTED MEMBERSHIP DIRECTORY, QUARTERLY NEWSLETTER, LEGISLATIVE PRIORITIES BROCHURE AND ELECTRONIC METHODS FOR OUR CAPITAL NOTES, E-NEWS BULLETINS, AS WELL AS OUR WEBSITE AND RELATED FUNCTIONS CONTAINED THEREIN, WE USE A MULTITUDE OF MEDIA METHODS TO SHARE INFORMATION WITH OUR MEMBERS.
ADVOCACY: THE CHAMBER ADVOCATES FOR PRO-BUSINESS POLICIES 365 DAYS A YEAR. WE DO THIS BY MAKING SURE THE BUSINESS COMMUNTY'S CONCERNS ARE REPRESENTED AT THE STATE AND FEDERAL LEVEL AND BY SUPPORTING PRO-BUSINESS EFFORTS.
EVENTS. OUR IN-PERSON AND VIRTUAL EVENTS ARE USED TO FURTHER INFORM OUR MEMBERSHIP AND THE BROADER PUBLIC ABOUT POLICY ISSUES IMPACTING THE BUSINESS COMMUNITY THROUGHOUT ALASKA AS WELL AS PROVIDE IMPORTANT UPDATES ON ECONOMIC ACTIVITY, OPPORTUNITIES, AND CHALLENGES IN OUR CURRENT LANDSCAPE.
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 |
|---|---|---|---|
Kati Capozzi President And C | OfficerTrustee | 40 | $175,500 |
Mike Satre Chairman | OfficerTrustee | 1 | $0 |
Portia Babcock Chair-Elect | OfficerTrustee | 1 | $0 |
Allen Hippler Past Chair | OfficerTrustee | 1 | $0 |
Lynne Seville Secretary/treas | OfficerTrustee | 1 | $0 |
Carol Fraser Executive Commi | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $185,750 |
| Related organizations | $0 |
| Government grants | $42,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,082 |
| Total Program Service Revenue | $431,812 |
| Investment income | $1,119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,861 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $745,152 |
| 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. | $156,000 |
| Compensation of current officers, directors, key employees. | $117,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $202,946 |
| Pension plan accruals and contributions | $8,052 |
| Other employee benefits | $53,813 |
| Payroll taxes | $27,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,717 |
| Fees for services: Accounting | $43,822 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,966 |
| Advertising and promotion | $63,350 |
| Office expenses | $15,312 |
| Information technology | $35,593 |
| Royalties | $0 |
| Occupancy | $56,740 |
| Travel | $28,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,057 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,997 |
| Insurance | $5,997 |
| All other expenses | $0 |
| Total functional expenses | $781,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $393,178 |
| Savings and temporary cash investments | $242,576 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,565 |
| 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 | $20,912 |
| Net Land, buildings, and equipment | $4,250 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $741,481 |
| Accounts payable and accrued expenses | $8,788 |
| Grants payable | $0 |
| Deferred revenue | $308,383 |
| 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 | $19,566 |
| Total liabilities | $336,737 |
| Net assets without donor restrictions | $404,744 |
| 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 | $741,481 |
Grants Awarded
Over the last fiscal year, Alaska State Chamber Of Commerce has awarded $1,004,100 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ANCHORAGE CHAMBER PURPOSE: Sleeves up for Summer Grant | $68,000 |
CAMAI COMMUNITY HEALTH PURPOSE: Grant for vaccination gift cards | $10,000 |
CHUGIAK-EAGLE RIVER CHAMBER O PURPOSE: Sleeves up for Summer Grant | $12,000 |
CITY OF BETHEL PURPOSE: Sleeves up for Summer Grant | $45,000 |
ARCTIC SLOPE NATIVE ASSOCIATI PURPOSE: Sleeves up for Summer Grant | $45,000 |
CITY OF DELTA JUNCTION PURPOSE: Sleeves up for Summer Grant | $45,000 |