Alaska Clean Seas
- Assets
- $22.7m
- Revenue
- $27.5m
- Investments
- $0.0
- Employees
- 84
- Location
- Anchorage, AK
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 92-0163046
Organization Overview
Alaska Clean Seas is located in Anchorage, AK. The organization was established in 2001. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. As of 12/2023, Alaska Clean Seas employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Clean Seas 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 12/2023, Alaska Clean Seas generated $27.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $28.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 9 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE VESSELS, EQUIPMENT, MATERIALS, AND OTHER MEANS OF SUPPORT TO CLEAN UP OIL SPILLS IN CERTAIN AREAS OF ALASKA - OUTER CONTINENTAL SHELF, ADJACENT SHORELINES, AND THE TRANSALASKA PIPELINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Edgar President/general Manager | Officer | 42 | $407,170 |
Fred Mcadams Operations Manager | Officer | 42 | $280,551 |
Ken Linderman Operations Manager | Officer | 42 | $281,521 |
Christopher Hall Planning Manager | Officer | 42 | $246,001 |
John Pulis Planning Manager | Officer | 42 | $265,536 |
Eben Mcwilliams Safety | 84 | $217,649 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pacific Environmental Corporation Mechanic, Drilling | 12/30/23 | $5,642,531 |
Cci Industrial Services Llc Mechanic, Drilling | 12/30/23 | $3,563,035 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,420,000 |
| 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 | $1,420,000 |
| Total Program Service Revenue | $26,077,900 |
| Investment income | $281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,499,381 |
| 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. | $1,687,246 |
| Compensation of current officers, directors, key employees. | $1,026,241 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,208,529 |
| Pension plan accruals and contributions | $2,760,513 |
| Other employee benefits | $1,870,097 |
| Payroll taxes | $986,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,658 |
| Fees for services: Accounting | $30,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $291,833 |
| Advertising and promotion | $44,622 |
| Office expenses | $180,090 |
| Information technology | $187,886 |
| Royalties | $0 |
| Occupancy | $723,148 |
| Travel | $906,911 |
| 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 | $1,231,714 |
| Insurance | $121,151 |
| All other expenses | $544,733 |
| Total functional expenses | $28,870,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $2,444,454 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,266,000 |
| 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 | $201,923 |
| Net Land, buildings, and equipment | $16,629,781 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,161,747 |
| Total assets | $22,704,205 |
| Accounts payable and accrued expenses | $2,461,903 |
| Grants payable | $0 |
| Deferred revenue | $2,156,250 |
| 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 | $3,702,733 |
| Total liabilities | $8,320,886 |
| Net assets without donor restrictions | $14,383,319 |
| 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 | $22,704,205 |