Anchorage Neighborhood Housing Services Inc

Organization Overview

Anchorage Neighborhood Housing Services Inc, operating under the name NeighborWorks Alaska, is located in Anchorage, AK. The organization was established in 1982. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, NeighborWorks Alaska employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NeighborWorks Alaska 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 12/2022, NeighborWorks Alaska generated $16.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $15.4m during the year ending 12/2022. While expenses have increased by 0.6% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR FAMILIES AND INDIVIDUALS BY PRESERVING HOMES, CREATING NEW HOUSING OPPORTUNITIES AND STRENGTHENING NEIGHBORHOODS.

Describe the Organization's Program Activity:

THE ORGANIZATION IS DEDICATED TO PROVIDING QUALITY, SAFE AND CLEAN AFFORDABLE APARTMENTS HOMES IN CONVENIENT LOCATIONS IN ANCHORAGE, ALASKA.


THE ORGANIZATION BELIEVES THAT ALL RESIDENTS SHOULD HAVE OPPORTUNITIES FOR CIVIC ENGAGEMENT, LEADERSHIP DEVELOPMENT AND CONNECTIONS TO THE WIDER COMMUNITY. IT EMPOWERS PEOPLE TO MAKE A POSITIVE DIFFERENCE IN THE NEIGHBORHOODS AND CITY.


THE ORGANIZATION OFFERS HOME BUYER EDUCATION AND AN ARRAY OF AFFORDABLE LOAN PROGRAMS DESIGNED TO ASSIST HOME BUYERS WITH PURCHASING A HOME. PRODUCTS INCLUDE DOWN PAYMENT AND CLOSING COST ASSISTANCE LOAN AS WELL AS FIRST AND SECOND MORTGAGES.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Geraty
Deputy Director
$130,962
Erica Otten
Finance Director
$119,472
Lori Nealley
Director Of Affordable Housin
$110,516
Jim Nordlund
Executive Director
$104,580
Michael Fredericks
Director
$0
Jim Mackenzie
Director Of Operations
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Henrys Janitorial Service Inc
Cleaning
$256,773
A-1 Lawn And Landscaping
Property Improv
$152,184
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,670,099
All other contributions, gifts, grants, and similar amounts not included above$37,415
Noncash contributions included in lines 1a–1f $6,460
Total Revenue from Contributions, Gifts, Grants & Similar$4,707,514
Total Program Service Revenue$11,269,726
Investment income $21,164
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 $16,020,339

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