Yukon-Koyukuk Elder Assisted Living Consortium

EIN: 352363357 501(c)(3) Housing & Shelter

Galena, AK

Total Revenue
$1,752,330
Total Expenses
$1,446,726
Total Assets
$5,007,272
Net Assets
$4,884,181
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AK
Phone
9076562574
Tax Period
2023-01-01 to 2023-12-31

Yukon-Koyukuk Elder Assisted Living Consortium, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $306K, a strong 17% operating margin.

Mission

Yukon-Koyukuk Elder Assisted Living Consortium (YKEALC), a nonprofit organization, was incorporated in 2004 with the purpose to provide and maintain residential facilities in Galena, Alaska, that are specifically designed to meet the needs of elders within the greater Yukon-Koyukuk community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $936,012
Program Service Revenue $815,148
Investment Income $1,166
Other Revenue $4
TOTAL REVENUE $1,752,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $731,598
Fundraising Expenses $0
Program Expenses $1,301,634
Other Expenses $715,128
TOTAL EXPENSES $1,446,726

Year-over-Year Comparison

2023 2022 Change
Revenue $1,752,330 $974,678 +0.8%
Expenses $1,446,726 $1,384,283 +0.0%
Net Income $305,604 $-409,605 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
28
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$61,057
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joyce Sommer Administrator 40.00
Officer
$34,615 $0 $34,615
Agnes Sweetsir Administrator 20.00
Officer
$26,442 $0 $26,442
Shirley Cleaver President 5.00
Officer Director
$0 $0 $0
Peter Demoski Vice President 3.00
Officer Director
$0 $0 $0
Lizzie Alexie Secretary/Treas 3.00
Officer Director
$0 $0 $0
Billy Honea Director 1.00
Director
$0 $0 $0
Josie Dayton Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,752,330 $1,446,726 $5,007,272 $305,604
2022 $974,678 $1,384,283 $5,039,307 $-409,605
2021 $1,399,926 $1,410,855 $5,319,807 $-10,929
2020 $1,198,942 $1,227,794 $5,248,030 $-28,852
2019 $865,077 $1,075,920 $5,083,930 $-210,843
2018 $8,248,279 $1,103,091 $5,239,199 $7,145,188
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