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Nonprofiteer
← ARCTIC SLOPE COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by ARCTIC SLOPE COMMUNITY FOUNDATION.

Totals

Total revenue
$5,074,452
Total expenses
$5,932,408
Contributions and grants received
$4,465,037
Grants paid
$1,553,682
Program service revenue
$0
Investment income
$547,061
Other revenue
$62,354
Total assets, end of year
$10,121,365
Total liabilities, end of year
$907,238
Net assets or fund balances, end of year
$9,214,127
Program services expenses (Part IX)
$4,565,726
Management and general expenses
$1,335,704
Fundraising expenses
$30,978
Program service expenses (Part III)
$4,565,726

Program services were 77.0% 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.

  • 1e · Government grants (contributions)

    $4,275,583

  • 1f · All other contributions, gifts and grants

    $189,454

  • 3 · Investment income

    total $244,517 · excluded $244,517

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $4,299,438

  • 7b · Less cost or other basis and sales expenses

    securities $3,996,894

  • 7c · Gain or loss

    securities $302,544

  • 7d · Net gain or loss

    total $302,544 · excluded $302,544

  • 8a · Fundraising events: gross income

    $74,539

  • 8b · Fundraising events: direct expenses

    $72,493

  • 8c · Net income from fundraising events

    total $2,046 · excluded $2,046

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Other Income

    total $60,308 · related or exempt $60,308

  • 11e · Other revenue, total

    $60,308

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,538,682 · program services $1,538,682

  • 2 · Grants to domestic individuals

    total $15,000 · program services $15,000

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $367,344 · management and general $367,344

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $488,571 · management and general $488,571

  • 8 · Pension plan contributions

    total $18,660 · management and general $18,660

  • 9 · Other employee benefits

    total $83,481 · management and general $83,481

  • 10 · Payroll taxes

    total $64,975 · management and general $64,975

  • 11a · Fees: management

    total $2,755,661 · program services $2,648,544 · management and general $107,117

  • 11b · Fees: legal

    total $15,258 · management and general $15,258

  • 11c · Fees: accounting

    total $52,342 · management and general $52,342

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $2,500 · fundraising $2,500

  • 11f · Fees: investment management

    total $50,792 · management and general $50,792

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $5,175 · fundraising $5,175

  • 13 · Office expenses

    total $117,655 · program services $63,407 · management and general $39,250 · fundraising $14,998

  • 14 · Information technology

    total $36,204 · program services $6,896 · management and general $27,824 · fundraising $1,484

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $5,071 · program services $5,035 · fundraising $36

  • 17 · Travel

    total $302,545 · program services $281,463 · management and general $14,297 · fundraising $6,785

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $3,819 · program services $3,819

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $6,689 · program services $2,880 · management and general $3,809

  • 23 · Insurance

    total $1,335 · management and general $1,335

  • 24a · Other expenses: Grant management fee for ICAS

    total $649 · management and general $649

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $582,016 · end of year $11,430

  • 2 · Savings and temporary cash investments

    beginning of year $464,269 · end of year $328,979

  • 3 · Pledges and grants receivable

    beginning of year $116,624 · end of year $523,136

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,579 · end of year $18,303

  • 10a · Land, buildings and equipment: cost or other basis

    $38,557

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,555

  • 10c · Land, buildings and equipment, net

    beginning of year $7,696 · end of year $23,002

  • 11 · Investments: publicly traded securities

    beginning of year $11,446,902 · end of year $9,205,556

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $12,792 · end of year $10,959

  • 17 · Accounts payable and accrued expenses

    beginning of year $68,536 · end of year $392,423

  • 18 · Grants payable

    beginning of year $78,246 · end of year $155,637

  • 19 · Deferred revenue

    beginning of year $309,487 · end of year $307,015

  • 25 · Other liabilities

    beginning of year $40,367 · end of year $52,163

  • 27 · Net assets without donor restrictions

    beginning of year $11,695,799 · end of year $8,829,194

  • 28 · Net assets with donor restrictions

    beginning of year $443,443 · end of year $384,933

Mission and programs · 2022

Mission

Strengthen our culture of giving and improve the quality on life among the people of the Arctic Slope region of Alaska by providing and administering grants to support the community health and economic stability of the villages of Point Hope, Point Lay, Wainwright, Atqasuk, Barrow, Nuiqsut, Anaktuvuk Pass, and Kaktovik.

Activities or mission (Part I)

Strengthen our culture of giving and improve the quality on life among the people of the Arctic Slope region of Alaska.

  • Providing and administering grants to support the community health and economic stability of the villages of Point Hope, Point Lay, Wainwright, Atqasuk, Utqiagvik, Nuiqsut, Anaktuvuk Pass, and Kaktovik. The Arctic Slope Community Foundation will leverage the charitable resources of individuals, business, public and private foundations, and other charities to make grants to support community-based solutions and serve the people of the Arctic Slope.

    Expenses $4,565,726 · Grants $1,553,682

As filed on the 2022 return.

Listed in Part VII

  • Patuk Glenn

    Executive Dir.

    Total calculated
    $201,126
    From this org
    $165,497
    From related orgs
    $0
    Other
    $35,629
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,577
    Bonus
    not reported
    Other
    $17,920
    Deferred
    $6,620
    Nontaxable benefits
    $29,009
    Filer's total
    $201,126

  • Ronald Panigeo

    CFO

    Total calculated
    $166,218
    From this org
    $140,413
    From related orgs
    $0
    Other
    $25,805
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,846
    Bonus
    not reported
    Other
    $2,567
    Deferred
    not reported + $5,616 related
    Nontaxable benefits
    not reported + $20,189 related
    Filer's total
    $140,413 + $25,805 related

  • Erik Danner

    Development Dir.

    Total calculated
    $102,888
    From this org
    $102,888
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Laura Patkotak

    President

    Total calculated
    $0
    Hours/week
    1

  • William Paulsberg

    Treasurer/ Sec

    Total calculated
    $0
    Hours/week
    1

  • Aqquilluk Hank

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Edna Ahmaogak

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Rex Rock

    Board Member

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Arctic Slope Regional Corporation

    C-Corp · Native Regional Corporation · AK

Provenance

Return type
form_990
Tax year
2022
Filed
5 September 2023
IRS schema version
2022v5.0
Source object
202302489349302110

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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