Alaska Heat Smart

EIN: 842399535 501(c)(3) Environment

Juneau, AK

Total Revenue
$429,062
Total Expenses
$427,471
Total Assets
$485,344
Net Assets
$37,438
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
AK
Principal Officer
Steve Behnke
Phone
9075005050
Tax Period
2024-01-01 to 2024-06-30

Alaska Heat Smart, founded in 2021, is a small nonprofit in the Environment sector that reported $429K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

Alaska Heat Smart promotes energy efficiency, renewable energy and the reduction of greenhouse gas emissions. Alaska Heat Smart promotes actions that mitigate the high cost of building heating systems through the adoption of energy efficient systems powered by renewable energy. The corporation is organized exclusively for charitable, educational, and scientific purposes.

Program Service Accomplishments

Program 1
Expenses: $37,030

Home Energy Advisory Services:AHS core program to educate, advise, and empower homeowners as they switch from fossil fuel heating to renewable energy heating. This AHS program has assisted over 1200...

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Home Energy Advisory Services:AHS core program to educate, advise, and empower homeowners as they switch from fossil fuel heating to renewable energy heating. This AHS program has assisted over 1200 families and has a fuel-switching conversion rate of between 70% and 80%.

Program 2
Expenses: $287,735

Housing and Urban Development Healthy Homes Program:Awarded to AHS in 2022, this three-year, $2M program, will improve the health and efficiency of 90 lower income homes in Juneau with fuel-switching...

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Housing and Urban Development Healthy Homes Program:Awarded to AHS in 2022, this three-year, $2M program, will improve the health and efficiency of 90 lower income homes in Juneau with fuel-switching assistance, electrical upgrades, weatherization, air sealing, and ventilation improvements.

Program 3
Expenses: $46,034

Congressionally-Directed Spending Program: AHS CHIP (Clean Heat Incentive Program):Awarded to AHS by the Department of Energy via support from Alaska's senior senator Lisa Murkowski, the AHS CHIP...

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Congressionally-Directed Spending Program: AHS CHIP (Clean Heat Incentive Program):Awarded to AHS by the Department of Energy via support from Alaska's senior senator Lisa Murkowski, the AHS CHIP serves lower to modest income households in both Juneau and Sitka, offering financial incentives to income-qualified applicants between $1,500 and $3,000 towards the cost of a heat pump installation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $428,169
Program Service Revenue $0
Investment Income $893
Other Revenue $0
TOTAL REVENUE $429,062

Expense Breakdown

Grants Paid $0
Salaries & Benefits $129,974
Fundraising Expenses $0
Program Expenses $370,799
Other Expenses $297,497
TOTAL EXPENSES $427,471

Year-over-Year Comparison

2024 2023 Change
Revenue $429,062 $562,444 -0.2%
Expenses $427,471 $546,252 -0.2%
Net Income $1,591 $16,192 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Behnke President 2.00
Officer Director
$0 $0 $0
Paul Voelckers Vice President 0.50
Officer Director
$0 $0 $0
Lori Sowa Treasurer 1.00
Officer Director
$0 $0 $0
Sally Saddler Secretary 0.50
Officer Director
$0 $0 $0
Lorraine DeAssis Director 0.50
Director
$0 $0 $0
Robin Gilcrist Director 0.50
Director
$0 $0 $0
Gretchen Kaiser Director 0.50
Director
$0 $0 $0
Margo Waring Director 0.50
Director
$0 $0 $0
Alan Wilson Director 0.50
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
2025 No data No data No data No data
2024 $429,062 $427,471 $485,344 $1,591
2022 $284,795 $278,423 $301,748 $6,372
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