Willow Area Community Organization
- Assets
- $188.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willow, AK
- Founding
- 11/1967
- Data as of
- 06/2024
- EIN
- 92-0034350
Organization Overview
Willow Area Community Organization is located in Willow, AK. The organization was established in 1967. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willow Area Community Organization 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 06/2024, Willow Area Community Organization generated $118.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $182.6k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trygue Erickson Chair | 4 | $0 | |
Greg Jones Vice Chair | 4 | $0 | |
Sophia Boudifou Secretary | 4 | $0 | |
Maura Shea Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,861 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $23,644 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,014 |
| Other Revenue | $0 |
| Total Revenue | $118,124 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,093 |
| Professional fees and other payments to independent contractors | $799 |
| Occupancy, rent, utilities, and maintenance | $138,930 |
| Printing, publications, postage, and shipping | $765 |
| Other expenses | $0 |
| Total expenses | $182,619 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,669 |
| Other assets | $0 |
| Total assets | $188,115 |
| Total liabilities | $982 |
| Net assets or fund balances | $187,133 |