Naukati Bay Inc
- Assets
- $807.2k
- Revenue
- $27.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Craig, AK
- Founding
- 03/1994
- Data as of
- 06/2022
- EIN
- 92-0147607
Organization Overview
Naukati Bay Inc is located in Craig, AK. The organization was established in 1994. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naukati Bay Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Naukati Bay Inc generated $27.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (44.8%) each year. All expenses for the organization totaled $22.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (46.5%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOAT OF OUR EXPENSE IS FIRE DEPARTMENT AND EMS WE DID WORK ON SNOW REMOVAL WE OPERATE A STATE-OWNED MARINA. WITH A SEPARATE BANK ACCOUNT DOES NOT PROVIDE INCOME TO OUR 501C2
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY MEDICAL SERVICES THE FIRE AND EMS DEPARTMENT PROVIDE SERVICES TO THE COMMUNITY MET AID AMBULANCE TRANSPORT FIRE FIGHTING AND EDUCATION TRANINING
ROAD WORK SNOW REMOVEL GRADER FUEL AND SPARE PARTS INSURANCE
MANAGE THE NAUKATI BAY MARINA FOR THE STATE OF ALASKA NET LOSS 439 THIS INCOME IS FOR THE STATE MARINA ONLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford Wynne Treasurer | Officer | 0 | $0 |
Venessa Russell Presisdent | Officer | 0 | $0 |
Blaine Garrett Vice President | Officer | 0 | $0 |
Abby Twman Secretary | Officer | 0 | $0 |
Josh Hills Director | Trustee | 0 | $0 |
Juliet Blake Secretary | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,793 |
| Related organizations | $0 |
| Government grants | $25,589 |
| 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 | $27,382 |
| Total Program Service Revenue | $0 |
| Investment income | $224 |
| 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 | $27,606 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,357 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,789 |
| All other expenses | $0 |
| Total functional expenses | $22,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,281 |
| Savings and temporary cash investments | $32,550 |
| 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 | $602,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $807,222 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $807,222 |
| 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 | $807,222 |
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|---|---|---|
Sudden Valley Comm Assoc Bellingham, WA | $20,952,447 | $5,164,417 |
Wainwright Cooperative Association Wainwright, AK | $1,332,722 | $3,626,498 |
Desert Aire Owners Association Mattawa, WA | $7,989,613 | $2,793,140 |
Snoqualmie Ridge Residential Owners Association Snoqualmie, WA | $2,466,155 | $1,515,533 |
Building Owners And Managers Association Of Seattle Seattle, WA | $1,124,627 | $1,499,763 |
Redmond Ridge Residential Owners Redmond, WA | $1,854,713 | $1,503,480 |
The Ontario Center Owners Association Nine Mile Falls, WA | $1,547,495 | $1,593,017 |
Northwest Landing Residential Property Owners Association DuPont, WA | $2,222,432 | $1,366,604 |
Central Washington Home Builders Association Inc Yakima, WA | $1,318,141 | $960,293 |
Highlands Council Issaquah, WA | $2,418,933 | $1,078,489 |
Tenants Union Of Washington Seattle, WA | $651,295 | $984,022 |
North Olympic Regional Veterans Housing Network Forks, WA | $2,012,724 | $1,292,167 |