ALASKA PUBLIC EMPLOYEES ASSOCIATIONAFT (EIN 920031821) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

SANDY WALLACE

Phone

9075862334

Tax Period

2024-07-01 to 2025-06-30

ALASKA PUBLIC EMPLOYEES ASSOCIATIONAFT, founded in 1955, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

LABOR UNION-TO IMPROVE MEMBERS COMPENSATION AND WORKING CONDITIONS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $157,468

Program Service Revenue $3,235,685

Investment Income $221,926

Other Revenue $68,574

TOTAL REVENUE $3,683,653

Expense Breakdown

Grants Paid $9,988

Salaries & Benefits $2,221,683

Fundraising Expenses $0

Other Expenses $1,343,198

TOTAL EXPENSES $3,574,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,683,653	$3,293,175	+0.1%
Expenses	$3,574,869	$3,819,149	-0.1%
Net Income	$108,784	$-525,974	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$444,569

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD VERRELLI	FINANCE OFFICER	40.00	Officer	$171,515	$52,122	$223,637
JEFFREY KASPER	BUSINESS MANAGER	40.00	Officer	$168,928	$52,004	$220,932
MICHAEL KOSKIE	REGIONAL MANAGER	40.00	Highest	$138,446	$10,008	$148,454
JASON M ROACH	FIELD ASSOCIATE	40.00	Highest	$108,666	$5,887	$114,553
SANDY THOMPSON WALLACE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE MILLER	EXECUTIVE VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE WILLIAMS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DANELLE BECK	BOARD MEMBER	1.00	Director	$0	$0	$0
ABEL BULT-ITO	BOARD MEMBER	1.00	Director	$0	$0	$0
SARA CLEMONS	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE DENISON	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL DERIFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
JILL DUMESNIL	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES HEMSATH	BOARD MEMBER	1.00	Director	$0	$0	$0
JUSTIN HALEY	BOARD MEMBER	1.00	Director	$0	$0	$0
RITA HESELTON	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM HINTERBERGER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTA MUELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
VICKI O'BRIEN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE PEARSON	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCES POLUMSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
PETE PRAETORIUS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA QUINTYNE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES SILVA	BOARD MEMBER	1.00	Director	$0	$0	$0
TODD SPIECH	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINA STRAHM	BOARD MEMBER	1.00	Director	$0	$0	$0
DANE SUTTERFIELD	BOARD MEMBER	1.00	Director	$0	$0	$0
NORA WERTS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALICIA WOODS	BOARD MEMBER	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
2025	$3,683,653	$3,574,869	$2,605,003	$108,784
2024	$3,293,175	$3,819,149	$2,493,387	$-525,974
2023	$3,101,300	$3,491,095	$2,792,868	$-389,795
2022	$3,573,505	$3,385,309	$3,002,468	$188,196
2021	$3,401,122	$3,109,061	$3,451,389	$292,061
2020	$3,585,716	$3,317,958	$2,491,421	$267,758
2019	$3,564,489	$3,583,706	$2,242,982	$-19,217
2018	$4,147,618	$4,168,241	$2,203,283	$-20,623

ALASKA PUBLIC EMPLOYEES ASSOCIATIONAFT