Skip to content
Nonprofiteer
← ALASKA FARMLAND TRUST CORPORATION

Form 990 for tax year 2023

Filed by ALASKA FARMLAND TRUST CORPORATION.

Totals

Total revenue
$468,026
Total expenses
$303,779
Contributions and grants received
$457,114
Grants paid
$0
Program service revenue
$0
Investment income
$2,882
Other revenue
$8,030
Total assets, end of year
$181,478
Total liabilities, end of year
$25,834
Net assets or fund balances, end of year
$155,644
Program services expenses (Part IX)
$152,997
Management and general expenses
$139,475
Fundraising expenses
$11,307
Program service expenses (Part III)
$152,997

Program services were 50.4% 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.

  • 1c · Fundraising events

    $8,802

  • 1f · All other contributions, gifts and grants

    $448,312

  • 1g · Noncash contributions included above

    $15,457

  • 3 · Investment income

    total $2,882 · unrelated business $0 · excluded $2,882

  • 8a · Fundraising events: gross income

    $16,435

  • 8a · Fundraising events: contributions included on line 1c

    $8,802

  • 8b · Fundraising events: direct expenses

    $10,073

  • 8c · Net income from fundraising events

    total $6,362 · unrelated business $0 · excluded $6,362

  • 10a · Gross sales of inventory

    $3,557

  • 10b · Cost of goods sold

    $1,889

  • 10c · Net income from sales of inventory

    total $1,668 · excluded $1,668

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $99,469 · program services $3,127 · management and general $95,101 · fundraising $1,241

  • 7 · Other salaries and wages

    total $100,209 · program services $95,445 · management and general $3,267 · fundraising $1,497

  • 9 · Other employee benefits

    total $14,618 · program services $9,342 · management and general $5,276 · fundraising $0

  • 10 · Payroll taxes

    total $8,752 · program services $8,084 · management and general $539 · fundraising $129

  • 11b · Fees: legal

    total $1,620 · program services $1,620 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $12,065 · program services $0 · management and general $12,065 · fundraising $0

  • 11g · Fees: other

    total $17,717 · program services $12,479 · management and general $5,238 · fundraising $0

  • 12 · Advertising and promotion

    total $12,938 · program services $9,711 · management and general $442 · fundraising $2,785

  • 13 · Office expenses

    total $21,190 · program services $3,345 · management and general $12,190 · fundraising $5,655

  • 16 · Occupancy

    total $113 · program services $0 · management and general $113 · fundraising $0

  • 17 · Travel

    total $7,106 · program services $6,629 · management and general $477 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $110 · program services $0 · management and general $110 · fundraising $0

  • 23 · Insurance

    total $4,828 · program services $2,370 · management and general $2,458 · fundraising $0

  • 24a · Other expenses: Land program

    total $999 · program services $250 · management and general $749 · fundraising $0

  • 24b · Other expenses: Other costs

    total $2,045 · program services $595 · management and general $1,450 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,543 · end of year $25,247

  • 2 · Savings and temporary cash investments

    beginning of year $228,345 · end of year $149,821

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

    $21,549

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

    $15,139

  • 10c · Land, buildings and equipment, net

    beginning of year $6,410 · end of year $6,410

  • 17 · Accounts payable and accrued expenses

    beginning of year $419 · end of year $463

  • 19 · Deferred revenue

    beginning of year $264,070 · end of year $25,371

  • 27 · Net assets without donor restrictions

    beginning of year -$11,191 · end of year $45,565

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $110,079

Mission and programs · 2023

Mission

The Alaska Farmland Trust envisions a future with thriving local food markets that will give Alaskans access to fresh, healthy food, and keep our farmers farming.

  • Lands Program: Identify properties to protect; work with landowners to protect their farmland; raise funds for farmland protection. Assist landowners with easement projects and conduct transactions.

    Expenses $146,233

  • Farmlink Program: Connect landowners with land seekers to assist in transitioning property while maintaining its agriculture integrity. This program also seeks to Educate the public about the lands program,and the agriculture industry in general.

    Expenses $6,764

As filed on the 2023 return.

Listed in Part VII

  • Amy O'Connor

    Executive Director (07/01/23-05/22/24)

    Total calculated
    $100,458
    From this org
    $92,083
    From related orgs
    $0
    Other
    $8,375
    Hours/week
    40

  • Phoebe Autry

    Interim Executive Director (05/23/24-06/30/24)

    Total calculated
    $79,083
    From this org
    $79,083
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Leslie Senden

    President

    Total calculated
    $0
    Hours/week
    4

  • Erin Kittredge

    Vice President (07/01/23-08/31/23)

    Total calculated
    $0
    Hours/week
    2

  • Dan Cheyette

    Vice President (09/01/23-06/30/24)

    Total calculated
    $0
    Hours/week
    2

  • Bob Jones

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Sarah Phipps

    Secretary (07/01/23-04/18/24)

    Total calculated
    $0
    Hours/week
    2

  • Carol Kenley

    Director (07/01/23-01/31/24)

    Total calculated
    $0
    Hours/week
    1

  • Dan Cheyette

    Director (07/01/23-08/31/23)

    Total calculated
    $0
    Hours/week
    1

  • Lan Hecimovich

    Director

    Total calculated
    $0
    Hours/week
    1

  • Leah Corbin

    Director

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
10 April 2025
IRS schema version
2023v6.0
Source object
202531009349301768

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.