Alaska Agricultural Development & Marketing Inc
- Assets
- $80.4k
- Revenue
- $5.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairbanks, AK
- Founding
- 03/1997
- Data as of
- 12/2023
- EIN
- 92-0157674
Organization Overview
Alaska Agricultural Development & Marketing Inc is located in Fairbanks, AK. The organization was established in 1997. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Agricultural Development & Marketing Inc 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 12/2023, Alaska Agricultural Development & Marketing Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.5%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (56.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINED RELATIONSHIPS WITH USDA OFFICIALS AND FOSTER RELATIONSHIPS WITH PRODUCERS IN THE STATE OF ALASKA FOR FUTURE DEVELOPMENT DISCUSSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenifer Mcbeath Dr President And Contractor | 1 | $0 | |
Jay Dearborn Vice President | 1 | $0 | |
Mariam Karlson Secretary-Treasurer | 1 | $0 | |
Kelly Drew Director | 1 | $0 | |
Chuen Sen Lin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36 |
| Total operating and administrative expenses | $1,079 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,138 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $9,308 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $80,446 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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