Alaska Works Partnership Inc
- Assets
- $1.4m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Anchorage, AK
- Founding
- 10/2012
- Data as of
- 06/2021
- 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 06/2021, Alaska Works Partnership Inc employed 14 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 06/2021, Alaska Works Partnership Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.0m during the year ending 06/2021. While expenses have increased by 9.6% per year over the past 6 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
2021
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 | $130,953 |
Melody Austin Grants Admin/financial | 40 | $105,685 | |
Frank Mucci Board Member | Trustee | 40 | $12,840 |
Walter Robinson President | OfficerTrustee | 0.5 | $0 |
Suzanne Mccarthy Secretary | OfficerTrustee | 0.5 | $0 |
Michael Holcomb Vice President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $28,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,091,859 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,154,629 |
| Total Program Service Revenue | $140,286 |
| Investment income | $93 |
| 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 | $3,295,008 |
| 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. | $290,290 |
| Compensation of current officers, directors, key employees. | $4,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $806,257 |
| Pension plan accruals and contributions | $153,175 |
| Other employee benefits | $267,863 |
| Payroll taxes | $86,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,500 |
| Fees for services: Lobbying | $12,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $458,576 |
| Advertising and promotion | $2,797 |
| Office expenses | $8,981 |
| Information technology | $11,442 |
| Royalties | $0 |
| Occupancy | $243,886 |
| Travel | $28,771 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,124 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,090 |
| Insurance | $29,412 |
| All other expenses | $5,350 |
| Total functional expenses | $2,973,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $936,787 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $324,657 |
| Accounts receivable, net | $61,752 |
| 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 | $18,540 |
| Net Land, buildings, and equipment | $12,918 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,354,654 |
| Accounts payable and accrued expenses | $119,083 |
| 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 | $119,083 |
| Net assets without donor restrictions | $1,235,571 |
| 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 | $1,354,654 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alaska Works Partnership Inc has recieved totaling $1,234,125.
| Awarding Organization | Amount |
|---|---|
Construction Education Foundation Inc Anchorage, AK PURPOSE: CONSTUCTION ACADEMIES - TRAINING ENTRY LEVEL POSITIONS IN CONSTRUCTION | $1,234,125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Village Community Services Arlington, WA | $2,745,181 | $3,984,634 |
Alaska Works Partnership Inc Anchorage, AK | $1,354,654 | $3,295,008 |
Kenai Peninsula Housing Initiatives Incorporated Homer, AK | $24,218,836 | $3,668,693 |
Habitat For Humanity International Inc Lynnwood, WA | $3,495,456 | $1,749,874 |
Muslim Housing Services Bellevue, WA | $3,426,960 | $3,186,350 |
Habitat For Humanity International Inc Shelton, WA | $1,207,578 | $1,842,216 |
Aberdeen Neighborhood Housing Services Aberdeen, WA | $8,432,356 | $774,909 |
Plymouth Healing Communities Seattle, WA | $4,758,204 | $769,785 |
Association Of Alaska Housing Authorities Anchorage, AK | $375,842 | $708,216 |
Mount Zion Madison Street Properties Seattle, WA | $4,009,233 | $612,212 |
General Assembly Of The Christian Church Disciples Of Christ Inc Tacoma, WA | $1,759,165 | $597,012 |
Neighborworks Alaska Homeownership Center Anchorage, AK | $3,205,399 | $399,025 |