Form 990 for tax year 2022
Filed by ANCHORAGE DOWNTOWN PARTNERSHIP LTD.
Totals
- Total revenue
- $1,469,853
- Total expenses
- $1,568,567
- Contributions and grants received
- $1,352,577
- Grants paid
- $0
- Program service revenue
- $115,178
- Investment income
- $38
- Other revenue
- $2,060
- Total assets, end of year
- $383,560
- Total liabilities, end of year
- $152,057
- Net assets or fund balances, end of year
- $231,503
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$30,251
-
1e · Government grants (contributions)
$1,262,326
-
1f · All other contributions, gifts and grants
$60,000
-
2a · Program service revenue: CLEAN & SAFE PROGRAM
total $115,178 · related or exempt $115,178
-
3 · Investment income
total $38 · excluded $38
-
10a · Gross sales of inventory
$67,579
-
10b · Cost of goods sold
$70,484
-
10c · Net income from sales of inventory
total -$2,905 · related or exempt -$2,905
-
11a · Other revenue: REIMBURSEMENTS
total $4,965 · related or exempt $4,965
-
11e · Other revenue, total
$4,965
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $17,452
-
7 · Other salaries and wages
total $896,271
-
8 · Pension plan contributions
total $6,173
-
9 · Other employee benefits
total $113,224
-
10 · Payroll taxes
total $100,936
-
11b · Fees: legal
total $1,780
-
11c · Fees: accounting
total $69,759
-
11g · Fees: other
total $89,064
-
12 · Advertising and promotion
total $16,870
-
13 · Office expenses
total $65,608
-
14 · Information technology
total $520
-
16 · Occupancy
total $76,980
-
17 · Travel
total $1,727
-
19 · Conferences, conventions and meetings
total $4,051
-
20 · Interest
total $2,265
-
23 · Insurance
total $64,120
-
24a · Other expenses: EQUIPMENT
total $33,199
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $8,434
-
24c · Other expenses: LICENSES AND FEES
total $134
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,383 · end of year $1,383
-
2 · Savings and temporary cash investments
beginning of year $726,031 · end of year $273,942
-
4 · Accounts receivable
beginning of year $15,151 · end of year $11,583
-
9 · Prepaid expenses and deferred charges
beginning of year $12,614 · end of year $20,259
-
10a · Land, buildings and equipment: cost or other basis
$66,181
-
10b · Land, buildings and equipment: accumulated depreciation
$66,181
-
15 · Other assets
beginning of year $17,743 · end of year $76,393
-
17 · Accounts payable and accrued expenses
beginning of year $102,423 · end of year $102,057
-
19 · Deferred revenue
end of year $50,000
-
23 · Secured mortgages and notes payable
beginning of year $200,210
-
27 · Net assets without donor restrictions
beginning of year $470,289 · end of year $231,503
Mission and programs · 2022
Mission
TO INCREASE CLEANLINESS, OCCUPANCY RATES, INVESTMENT VALUES AND LEASE INCOME, TO DECREASE CRIME, AND TO GENERALLY STIMULATE DEVELOPMENT AND IMPROVE THE QUALITY OF LIFE IN DOWNTOWN ANCHORAGE.
-
CLEAN AND SAFE PROGRAM: ANCHORAGE DOWNTOWN PARTNERSHIP, LTD, SUPPLEMENTS THE MUNICIPAL LAW ENFORCEMENT AGENCIES THROUGH AN AMBASSADOR PROGRAM FEATURING TRAINED, CUSTOMER SERVICE ORIENTED MEN AND WOMEN WHO ARE THE EYES AND EARS OF DOWNTOWN ANCHORAGE.
-
SPECIAL EVENTS AND MARKETING: THE ORGANIZATION ACTIVELY PROMOTES THE DOWNTOWN AREA THROUGH SPECIAL EVENTS WHICH ARE DESIGNED TO ATTRACT PEOPLE TO THE DOWNTOWN CORRIDOR THEREBY SUPPORTING LOCAL BUSINESS VENTURES.
-
ALL OTHER PROGRAMS.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
RADHIKA KRISHNA
EXECUTIVE DI
- Total calculated
- $17,211
- From this org
- $15,240
- From related orgs
- $0
- Other
- $1,971
- Hours/week
- 38 + 2 related
-
GRETCHEN FAUSKE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
MICHELLE KLOUDA
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
MARK BEGICH
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
ERIC RITNER
TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
LAILE FAIRBAIRN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
KATHERINE JERNSTROM
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SCOTT WOODLAND
AT-LARGE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SHANNA ZUSPAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JIM KUBITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOE LUMPKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CLAI PORTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SILVIA VILLAMIDES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LARRY MICHAEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
STEPHEN RIBUFFO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MATTHEW SAMUEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DAVID MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DOUG LAMKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GRANT BREAGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C2 · PROP MGMT · AK · controlled entity
Directly controlled by ADP
-
501C3 · PROMOTION · AK · controlled entity
Directly controlled by ADP
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323049349301987
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.