Chenega Future Incorporated
- Assets
- $1.0m
- Revenue
- $695.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 10/1990
- Data as of
- 12/2021
- EIN
- 94-3111730
Organization Overview
Chenega Future Incorporated is located in Anchorage, AK. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chenega Future Incorporated 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, Chenega Future Incorporated generated $695.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $510.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chenega Future Incorporated has awarded 48 individual grants totaling $340,915. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP AND OTHER EDUCATIONAL, TRAINING AND INTERNSHIP PROGRAMS
MEDICAL, TREATMENT AND FUNERAL EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Kompkoff Jr Vice President | 1 | $4,000 | |
Michael Pipkin Chairman | 1 | $4,000 | |
Leann Higgens Secretary/treasurer | 1 | $4,000 | |
Rami Paulson Board Member | 1 | $4,000 | |
Michael Vigil Board Member | 1 | $3,000 | |
Lloyd Kompkoff Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $695,000 |
| 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 | $695,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $48,165 |
| Occupancy | $126,321 |
| Travel, conferences, and meetings | $36,151 |
| Printing and publications | $0 |
| Other expenses | $77,024 |
| Total operating and administrative expenses | $310,651 |
| Contributions, gifts, grants paid | $199,456 |
| Total expenses and disbursements | $510,107 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,410 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $35,942 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $760,584 |
| Other assets | $8,999 |
| Total assets | $1,048,935 |
| 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 |
Grants Awarded
Over the last fiscal year, Chenega Future Incorporated has awarded $199,456 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AVAILABLE UPON REQUEST PURPOSE: MEDICAL EXPENSES | $23,259 |
AVAILABLE UPON REQUEST PURPOSE: MEDICAL EXPENSES | $21,602 |
NATASH VILLANUEVA-CATAHOS PURPOSE: EDUCATION | $18,000 |
TAMRA JOHNSON PURPOSE: EDUCATION | $18,000 |
MORGAN JOHNSON PURPOSE: EDUCATION | $16,000 |
KARLA JOHNSON PURPOSE: EDUCATION | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Rasmuson Foundation Anchorage, AK | $851,377,242 | $102,826,089 |
Roots And Wings Foundation Inc Seattle, WA | $315,937,030 | $249,888,695 |
Schultz Family Foundation Seattle, WA | $463,519,339 | $158,807,992 |
Norcliffe Foundation Seattle, WA | $18,121,640 | $25,144,033 |
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |