Alaska Works Partnership Inc
- Assets
- $1.6m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Anchorage, AK
- Founding
- 10/2012
- Data as of
- 06/2022
- EIN
- 91-1786519
Organization Overview
Alaska Works Partnership Inc is located in Anchorage, AK. The organization was established in 2012. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Alaska Works Partnership Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Works Partnership Inc 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, Alaska Works Partnership Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 8.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION EMPLOYMENT AND TRAINING, AND RELATED ACADEMIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexis Cowell Executive Director | Officer | 40 | $136,463 |
Melody Austin CFO | Officer | 40 | $112,804 |
Michael Holcomb President | OfficerTrustee | 0.5 | $0 |
Josh Bolton Vice President | OfficerTrustee | 0.5 | $0 |
Rodney Wolcott Secretary | OfficerTrustee | 0.5 | $0 |
Bronson Frye Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $28,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,973,264 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,019,564 |
| Total Program Service Revenue | $161,315 |
| Investment income | $153 |
| 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 | $3,187,000 |
| 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. | $351,875 |
| Compensation of current officers, directors, key employees. | $6,561 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $758,269 |
| Pension plan accruals and contributions | $146,884 |
| Other employee benefits | $298,538 |
| Payroll taxes | $88,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,000 |
| Fees for services: Lobbying | $12,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $657,039 |
| Advertising and promotion | $46,302 |
| Office expenses | $6,957 |
| Information technology | $8,363 |
| Royalties | $0 |
| Occupancy | $257,863 |
| Travel | $35,093 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,551 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,918 |
| Insurance | $33,441 |
| All other expenses | $3,172 |
| Total functional expenses | $2,978,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $695,366 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $730,716 |
| Accounts receivable, net | $154,118 |
| 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 | -$6,179 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,574,021 |
| Accounts payable and accrued expenses | $129,483 |
| 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 | $0 |
| Total liabilities | $129,483 |
| Net assets without donor restrictions | $1,444,538 |
| 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 | $1,574,021 |