Ivan V Fosheim House Foundation is located in Fairbanks, AK. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Ivan V Fosheim House Foundation 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, Ivan V Fosheim House Foundation generated $89.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $77.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES FIVE (5) UNITS OF SUPPORTIVE HOUSING FOR LOW INCOME PERSONS WITH DISABILITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Ennis Executive Di | 1 | $0 | |
Kamila Easaw CFO (current | 0 | $0 | |
Karen Sitton CFO (during | 1 | $0 | |
Melissa Bidwell President | 0.25 | $0 | |
Maria Messina Vice Preside | 0.25 | $0 | |
Derek Averett Secretary | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,454 |
| Total Program Service Revenue | $36,531 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $36 |
| Total Revenue | $89,021 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,687 |
| Professional fees and other payments to independent contractors | $5,179 |
| Occupancy, rent, utilities, and maintenance | $35,696 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,074 |
| Total expenses | $77,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,590 |
| Other assets | $0 |
| Total assets | $115,704 |
| Total liabilities | $8,457 |
| Net assets or fund balances | $107,247 |