Alaska Village Initiatives
- Assets
- $1.5m
- Revenue
- $1.7m
- Investments
- $3.1k
- Employees
- 17
- Location
- Anchorage, AK
- Founding
- 05/1997
- Data as of
- 09/2023
- EIN
- 92-0036144
Organization Overview
Alaska Village Initiatives is located in Anchorage, AK. The organization was established in 1997. According to its NTEE Classification (T02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2023, Alaska Village Initiatives employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Village Initiatives 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 09/2023, Alaska Village Initiatives generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $1.7m during the year ending 09/2023. While expenses have increased by 13.5% 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
ALASKA VILLAGE INITIATIVES AVI, A SELF-SUPPORTING CORPORATION ORGANIZED IN 1968 BY AND FOR RURAL ALASKANS, PROMOTES THE ECONOMIC WELL-BEING OF RURAL ALASKANS THROUGH ECONOMIC DEVELOPMENT, ASSISTANCE, NETWORKING, ADVOCACY, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURE FUND: AVI PROVIDED SERVICES TO NATIVE FARMERS, RANCHERS, AND OTHER AGRICULTURE PRODUCERS IN THE FOLLOWING AREAS: BUSINESS PLANNING, CAPACITY BUILDING, TRAINING OPPORTUNITIES IN FINANCIAL MANAGEMENT, POLICY AND PROCEDURES , AND GRANT WRITING, AGRICULTURE REGRANTS TO TRIBAL CONSERVATION DISTRICTS, AND PLANNING FOR FARMS OR LARGE SCALE GARDENS.
RURAL SMALL BUSINESS SERVICES: PROVIDED TECHNICAL ASSISTANCE TO THE ORGANIZATION'S MEMBERSHIP BASE IN THE AREA OF BUSINESS ASSISTANCE, COMPUTER TRAINING AND ASSISTANCE, AND BOARD OF DIRECTORS TRAINING. THE CORNERSTONE OF TECHNICAL ASSISTANCE IS TO ENSURE THAT RURAL BUSINESS OWNERS ARE ABLE TO FORMULATE AND EXECUTE BUSINESS PLANS, DEVISE MARKET STRATEGIES, AND INTERPRET FINANCIAL INFORMATION IN ORDER TO BUILD, MANAGE, AND OPERATE ONGOING SUCCESSFUL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Parker CEO | Officer | 40 | $123,050 |
Lazaro George Quinto Vice President | Officer | 25 | $44,358 |
Myron Naneng Chairman | OfficerTrustee | 1.5 | $600 |
Jimmy Coopchiak Director | Trustee | 1.5 | $600 |
Robert Stephan Sr Vice President | OfficerTrustee | 1.5 | $500 |
Shirley Ann Smelcer Director | Trustee | 1.5 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,189 |
| Fundraising events | $0 |
| Related organizations | $233,150 |
| Government grants | $41,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,332,984 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,611,923 |
| Total Program Service Revenue | $80,565 |
| Investment income | $206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,695,848 |
| 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. | $171,208 |
| Compensation of current officers, directors, key employees. | $66,963 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $545,178 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $60,136 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,446 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,507 |
| Advertising and promotion | $8,087 |
| Office expenses | $54,604 |
| Information technology | $38,498 |
| Royalties | $0 |
| Occupancy | $98,055 |
| Travel | $90,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,118 |
| Interest | $15,724 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,388 |
| Insurance | $15,317 |
| All other expenses | -$2,264 |
| Total functional expenses | $1,674,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,405 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $208,042 |
| 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 | $0 |
| Net Land, buildings, and equipment | $965,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,121 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250,000 |
| Total assets | $1,532,146 |
| Accounts payable and accrued expenses | $987,808 |
| Grants payable | $0 |
| Deferred revenue | $164,641 |
| 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 | $211,179 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $1,363,629 |
| Net assets without donor restrictions | $168,517 |
| 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 | $1,532,146 |
Grants Awarded
Over the last fiscal year, Alaska Village Initiatives has awarded $22,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEE DRIN JIK PURPOSE: Conservation Program | $7,500 |
YAKUTAT TRIBAL CONS DISTRICT PURPOSE: Conservation Program | $7,500 |
TYONEK TRIBAL CONS DISTRICT PURPOSE: Conservation Program | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roundglass Foundation Bellevue, WA | $20,192,840 | $25,376,012 |
Evergreen Social Impact Bothell, WA | $53,386,542 | $3,368,052 |
Alaska Village Initiatives Anchorage, AK | $1,532,146 | $1,695,848 |
Social Venture Partners International Seattle, WA | $2,846,916 | $1,734,800 |
Puget Sound Grantwriters Association Olympia, WA | $80,863 | $0 |