Greater Anchorage Inc
- Assets
- $168.8k
- Revenue
- $549.5k
- Investments
- $0.0
- Employees
- 10
- Location
- Anchorage, AK
- Founding
- 11/1960
- Data as of
- 06/2022
- EIN
- 92-6001000
Organization Overview
Greater Anchorage Inc is located in Anchorage, AK. The organization was established in 1960. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Greater Anchorage Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Anchorage 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, Greater Anchorage Inc generated $549.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $632.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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
TO SPONSOR SOCIAL AND CULTURAL EVENTS THAT PROMOTE ALASKA AND ALASKA BUSINESS AND EDUCATE THROUGH PARTNERSHIPS / EVENTS, PROVIDE WINTER ECONOMIC ENGINE AND TOURISM EXPERIENCES, PROVIDE WINTER CITY SPORTING EVENTS AND DOWNTOWN MUSHING DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUR RENDEZVOUS - THIS EVENT STARTED IN 1936 AS A 3-DAY FESTIVALESTABLISHED TO COINCIDE WITH THE TIME THAT THE MINERS AND TRAPPERS CAMETO TOWN WITH THEIR WINTER'S YIELD. IT BEGAN AS A 3-DAY SPORTSTOURNAMENT ON FEBRUARY 15TH-17TH, 1936 AND FEATURED SKIING, HOCKEY,BASKETBALL, BOXING, AND A CHILDREN'S SLED DOG RACE DOWN FOURTH AVENUE.NEARLY THE ENTIRE POPULATION OF ANCHORAGE TURNED OUT FOR THE BONFIREAND TORCHLIT PARADE. FUR RENDEZVOUS REMAINS A HIGHLY ANTICIPATED TIMEOF YEAR, HAS EARNED NATIONAL AND ITNERNATIONAL NOTORIETY, AND VISITORSFROM THROUGHOUT THE WORLD DESCEND ON ANCHORAGE EVERY FEBRUARY FOR THEEVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rayli Wilson President | Trustee | 2 | $0 |
Lori Brewer President-Elect | Trustee | 2 | $0 |
Eddie Parker Vice President | Trustee | 2 | $0 |
Cody Marlow Secretary | Trustee | 2 | $0 |
Linda Dotzler Treasurer | Trustee | 2 | $0 |
Amie Haakenson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,425 |
| Noncash contributions included in lines 1a–1f | $1,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,425 |
| Total Program Service Revenue | $210,342 |
| Investment income | $4 |
| 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 | $71,111 |
| Net Income from Sales of Inventory | $119,582 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $549,464 |
| 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 | $141,104 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,258 |
| Advertising and promotion | $83,005 |
| Office expenses | $59,964 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,487 |
| Travel | $22,210 |
| 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 | $39,605 |
| All other expenses | $0 |
| Total functional expenses | $632,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,259 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65,721 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $52,329 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $168,777 |
| Accounts payable and accrued expenses | $43,094 |
| 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 | $1,246 |
| Total liabilities | $44,340 |
| Net assets without donor restrictions | $0 |
| 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 | $124,437 |
| Total liabilities and net assets/fund balances | $168,777 |