What the amendment changed
Compared with the return it replaced , filed 24 April 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $13,596,141 changed to $13,443,409
- Total expenses
- $14,896,262 changed to $14,718,469
- Contributions and grants received
- $119,777 changed to $95,423
- Program service revenue
- $13,242,840 changed to $12,552,113
- Investment income
- $115,561 changed to $204,868
- Other revenue
- $117,963 changed to $591,005
- Total assets, end of year
- $10,762,526 changed to $10,662,988
- Total liabilities, end of year
- $1,795,089 changed to $1,670,487
- Net assets or fund balances, end of year
- $8,967,437 changed to $8,992,501
- Program services expenses
- $11,988,660 changed to $11,366,743
- Management and general expenses
- $2,907,602 changed to $3,351,726
- Program service expenses (Part III)
- $11,988,660 changed to $11,366,743
Totals
- Total revenue
- $13,443,409
- Total expenses
- $14,718,469
- Contributions and grants received
- $95,423
- Grants paid
- $0
- Program service revenue
- $12,552,113
- Investment income
- $204,868
- Other revenue
- $591,005
- Total assets, end of year
- $10,662,988
- Total liabilities, end of year
- $1,670,487
- Net assets or fund balances, end of year
- $8,992,501
- Program services expenses (Part IX)
- $11,366,743
- Management and general expenses
- $3,351,726
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $11,366,743
Program services were 77.2% 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)
$76,679
-
1f · All other contributions, gifts and grants
$18,744
-
2a · Program service revenue: Assisted Living
total $124,223 · related or exempt $124,223
-
2b · Program service revenue: Enclave Contracts
total $7,289,518 · related or exempt $7,289,518
-
2c · Program service revenue: Home and Comm. Service
total $1,889,661 · related or exempt $1,889,661
-
2d · Program service revenue: Mental Health Medicaid
total $2,637,842 · related or exempt $2,637,842
-
2e · Program service revenue: Printing
total $610,869 · related or exempt $610,869
-
3 · Investment income
total $376,120 · excluded $376,120
-
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 $4,369,628
-
7b · Less cost or other basis and sales expenses
securities $4,540,880
-
7c · Gain or loss
securities -$171,252
-
7d · Net gain or loss
total -$171,252 · excluded -$171,252
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other Revenue
total $591,005 · related or exempt $591,005
-
11e · Other revenue, total
$591,005
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
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 $482,285 · program services $376,182 · management and general $106,103
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $8,524,065 · program services $6,648,771 · management and general $1,875,294
-
8 · Pension plan contributions
total $54,728 · program services $42,688 · management and general $12,040
-
9 · Other employee benefits
total $2,213,171 · program services $1,726,274 · management and general $486,897
-
10 · Payroll taxes
total $683,456 · program services $533,095 · management and general $150,361
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $38,155 · management and general $38,155
-
11g · Fees: other
total $666,800 · program services $520,104 · management and general $146,696
-
12 · Advertising and promotion
total $695 · program services $542 · management and general $153
-
13 · Office expenses
total $0
-
14 · Information technology
total $328,625 · program services $256,327 · management and general $72,298
-
15 · Royalties
total $0
-
16 · Occupancy
total $278,186 · program services $216,985 · management and general $61,201
-
17 · Travel
total $106,164 · program services $82,808 · management and general $23,356
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $114,040 · program services $88,951 · management and general $25,089
-
23 · Insurance
total $221,747 · management and general $221,747
-
24a · Other expenses: Foster Care
total $404,831 · program services $404,831
-
24b · Other expenses: Supplies
total $250,605 · program services $195,471 · management and general $55,134
-
24c · Other expenses: Utilities
total $230,442 · program services $179,745 · management and general $50,697
-
24d · Other expenses: Dues and Fees
total $34,235 · program services $26,703 · management and general $7,532
-
24e · All other expenses
total $86,239 · program services $67,266 · management and general $18,973
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,082,929 · end of year $1,296,296
-
2 · Savings and temporary cash investments
beginning of year $82,357 · end of year $304,261
-
3 · Pledges and grants receivable
end of year $5,255
-
4 · Accounts receivable
beginning of year $1,435,549 · end of year $1,868,327
-
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
beginning of year $109,928 · end of year $98,598
-
9 · Prepaid expenses and deferred charges
beginning of year $343,398 · end of year $50,554
-
10a · Land, buildings and equipment: cost or other basis
$1,866,673
-
10b · Land, buildings and equipment: accumulated depreciation
$997,986
-
10c · Land, buildings and equipment, net
beginning of year $1,331,220 · end of year $868,687
-
11 · Investments: publicly traded securities
beginning of year $6,032,697 · end of year $5,870,673
-
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
end of year $300,337
-
17 · Accounts payable and accrued expenses
beginning of year $113,016 · end of year $1,543,817
-
25 · Other liabilities
end of year $126,670
-
27 · Net assets without donor restrictions
beginning of year $12,305,062 · end of year $8,992,501
Mission and programs · 2023
Mission
Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services.
-
Contract Services - Assets has achieved the employment of approximately 150 individuals with cognitive or intellectual disabilities by directly employing persons with disabilities to provide the operations of several federal, state, and private contracts the organization operates within the community.
Expenses $6,886,332 · Revenue $7,289,518
-
Supported Employment - assists individuals to obtain and retain employment within local businesses. Currently works with over 40 local employers.Supported Living Services - skill building, coaching, and resource coordination to assist individuals to live in their own homes.
Expenses $4,480,411 · Revenue $5,853,600
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matthew Jones
CEO
- Total calculated
- $148,532
- From this org
- $148,532
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Chuck Almasy
COO
- Total calculated
- $133,961
- From this org
- $133,961
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Martha J Romero
Director of Behavi
- Total calculated
- $132,555
- From this org
- $132,555
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Renee Behrendt
Finance Dir
- Total calculated
- $79,110
- From this org
- $79,110
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Amber Campbell
Finance Dir
- Total calculated
- $71,882
- From this org
- $71,882
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Travers Gee
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Brenda Duty
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Faith Myers
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Michael Ashmore
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kelley Clouser
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Wallace Jenkins
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Pinkston
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 November 2025
- IRS schema version
- 2023v6.0
- Source object
- 202513149349306466
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