Anchorage Affordable Housing and

EIN: 884139039 501(c)(3) Housing & Shelter

Anchorage, AK

Total Revenue
$12,547,413
Total Expenses
$3,311,477
Total Assets
$15,712,081
Net Assets
$15,013,130
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AK
Tax Period
2023-01-01 to 2023-12-31

Anchorage Affordable Housing and, founded in 2022, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.5M in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 74% operating margin.

Mission

To expand and preserve year-round rental opportunities that are affordable to moderate, low, and very low-income households to foster a welcoming environment for demographically and socio-economically diverse populations in Anchorage, AK.

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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 $10,820,367
Program Service Revenue $1,659,303
Investment Income $22,945
Other Revenue $44,798
TOTAL REVENUE $12,547,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,033,282
Fundraising Expenses $0
Program Expenses $3,049,090
Other Expenses $2,278,195
TOTAL EXPENSES $3,311,477

Year-over-Year Comparison

2023 2022 Change
Revenue $12,547,413 $5,792,222 +1.2%
Expenses $3,311,477 $15,028 +219.4%
Net Income $9,235,936 $5,777,194 +0.6%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
1
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
3
$0
Total Directors
8
$0
Key Employees
1
$102,308
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Bockenstedt Executive Director 0.00
Key Emp
$102,308 $0 $102,308
Josie Hickel Director 1.00
Director
$0 $0 $0
Michele Brown Director 1.00
Director
$0 $0 $0
Ron Pollock Director 1.00
Director
$0 $0 $0
John Weddleton Director 1.00
Director
$0 $0 $0
Gregory Cerbana Director 1.00
Director
$0 $0 $0
Victor Mollozzi President 5.00
Officer Director
$0 $0 $0
Mary Jane Michael Vice President 1.00
Officer Director
$0 $0 $0
Joseph Everhart SecretaryTreasurer 1.00
Officer 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 $12,547,413 $3,311,477 $15,712,081 $9,235,936
2022 $5,792,222 $15,028 $12,113,472 $5,777,194
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