Fairbanks Parking Authority

Organization Overview

Fairbanks Parking Authority is located in Fairbanks, AK. The organization was established in 2003. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Fairbanks Parking Authority employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairbanks Parking Authority 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 12/2021, Fairbanks Parking Authority generated $357.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $270.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENFORCING CITY OF FAIRBANKS PARKING REGULATIONS IN THE DOWNTOWN AREA. INFORMING THE GENERAL PUBLIC ABOUT PARKING AVAILABILITY IN THE DOWNTOWN AREA. OPERATING AND MARKETING THE DOWNTOWN TRANSPORTATION CENTER. OPERATING THE FAIRBANKS PARKING GARAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FAIRBANKS PARKING AUTHORITY COLLECTED PARKING FEES, ISSUED PARKING CITATIONS, AND OPERATED THE FAIRBANKS PARKING GARAGE.


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Board, Officers & Key Employees

Name (title)Compensation
Kristie Dickerson
Secretary
$0
Jodi Blakely
Vice President
$0
Jerry Cleworth
Treasurer
$0
Jeff Jacobson
President
$0
Bob Pristash
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $73,572
All other contributions, gifts, grants, and similar amounts not included above$145,832
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$219,404
Total Program Service Revenue$136,135
Investment income $1,605
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 $357,144

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