Public Safety Employees Association Inc is located in Anchorage, AK. The organization was established in 1977. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2023, Public Safety Employees Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Safety Employees Association 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 06/2023, Public Safety Employees Association Inc generated $932.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $904.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. 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
THE ASSOCIATION REPRESENTS AND ACTS FOR MEMBERS AS THE EXCLUSIVE BARGAINING REPRESENTATIVE FOR WAGES, WORKING CONDITIONS, BENEFITS AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR ORGANIZATION-BETTERMENT OF MEMBERS WAGES, BENEFITS AND WORKING CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charisse Millett Executive Di | Officer | 40 | $139,512 |
Ashlea Layman Business Age | 40 | $101,296 | |
Sterling Salisbury Board Member | Trustee | 5 | $4,000 |
Mitchell Burdick Board Member | Trustee | 1 | $0 |
Peter Hawbaker Board Member | Trustee | 1 | $0 |
Thomas Hoffman Board Member | Trustee | 1 | $0 |
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 | $932,160 |
Investment income | $764 |
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 | $932,924 |
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. | $184,793 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $105,702 |
Pension plan accruals and contributions | $8,456 |
Other employee benefits | $18,822 |
Payroll taxes | $20,615 |
Fees for services: Management | $0 |
Fees for services: Legal | $105,778 |
Fees for services: Accounting | $14,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,170 |
Advertising and promotion | $12,414 |
Office expenses | $35,409 |
Information technology | $35,997 |
Royalties | $0 |
Occupancy | $20,614 |
Travel | $59,624 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $97,011 |
Interest | $0 |
Payments to affiliates | $110,679 |
Depreciation, depletion, and amortization | $10,582 |
Insurance | $47,857 |
All other expenses | $0 |
Total functional expenses | $904,381 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,439 |
Savings and temporary cash investments | $121,857 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $397,703 |
Investments—publicly traded securities | $497,286 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,100,285 |
Accounts payable and accrued expenses | $30,869 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $30,869 |
Net assets without donor restrictions | $1,069,416 |
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 | $1,100,285 |