The Southwest Alaska Vocational And Educational Center is located in Dillingham, AK. The organization was established in 2003. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Alaska Vocational And Educational Center 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 06/2022, Southwest Alaska Vocational And Educational Center generated $565.2k 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 (5.9%) each year. All expenses for the organization totaled $446.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) 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
THE CENTER PROVIDES OCCUPATIONAL TRAINING TO THE CITIZENS OF SOUTHWEST ALASKA THROUGH, FUNDING FROM TRAINING PARTNERS UTILIZING THE FACILITIES, STATE/FEDERAL GRANTS, PRIVATE AND OTHER CONTRIBUTORS. SOUTHWEST ALASKA VOCATIONAL AND EDUCATIONAL CENTER PROVIDES A UNIQUE OPPORTUNITY TO RECEIVE OCCUPATIONAL TRAINING DESIGNED TO PROVIDE TECHNICAL JOB SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION AND STUDENT SERVICES: PROVIDES EDUCATION AND TRAINING TO THE RESIDENTS OF SOUTHWEST ALASKA AND OTHER COMMUNITIES.
FACILITIES MANAGEMENT: PROVIDES AND MAINTAINS BUILDINGS AND PROPERTY FOR THE PURPOSE OF THE VOCATIONAL AND TECHNICAL EDUCATION CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amanda Trangmoe CFO | Officer | 2 | $0 |
Emil Larson Board Member | Trustee | 2 | $0 |
Annette Caruso Co-Director | Officer | 38 | $58,851 |
Anishia Elbie Co-Director | Officer | 38 | $54,928 |
Robert Clark Board Member | Trustee | 2 | $0 |
Marie Paul Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $414,722 |
All other contributions, gifts, grants, and similar amounts not included above | $55,781 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $470,503 |
Total Program Service Revenue | $62,720 |
Investment income | $0 |
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 | $565,240 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $48,045 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $121,008 |
Compensation of current officers, directors, key employees. | $64,941 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $307 |
Pension plan accruals and contributions | $26,476 |
Other employee benefits | $51,199 |
Payroll taxes | $10,587 |
Fees for services: Management | $35,318 |
Fees for services: Legal | $189 |
Fees for services: Accounting | $9,901 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,724 |
Advertising and promotion | $0 |
Office expenses | $37,175 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $43,880 |
Travel | $3,553 |
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 | $5,132 |
Insurance | $27,057 |
All other expenses | $1,294 |
Total functional expenses | $446,505 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $199,972 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $137,108 |
Accounts receivable, net | $8,174 |
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 | $4,255 |
Net Land, buildings, and equipment | $6,480 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $355,989 |
Accounts payable and accrued expenses | $45,467 |
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 | $12,146 |
Total liabilities | $57,613 |
Net assets without donor restrictions | $298,376 |
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 | $355,989 |