Anchorage Education Association

EIN: 920074528

Anchorage, AK

Total Revenue
$3,415,455
Total Expenses
$3,110,906
Total Assets
$4,485,526
Net Assets
$4,058,638
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AK
Principal Officer
Corey Aist
Phone
9072740536
Tax Period
2023-09-01 to 2024-08-31

Anchorage Education Association, founded in 1988, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Expenses of $3.1M left a modest 9% surplus.

Mission

The Anchorage Education Association (Association) is operated for the purpose of promoting the education and well being of school children, protecting and promoting the welfare and economic viability of the teachers in their district, and providing a unified voice with which teachers may express their opinions before the Board of Education and other legal authorities.The objectives and purposes of the Association are to establish and further, through united effort, the highest possible educational opportunity for Anchorages children; to give careful consideration to professional education problems and policies; to promote the enactment of laws for the protection and progress of education in Anchorage; and to accomplish these end objectives through such lawful means, including the publication of periodicals or other media, as may be available to the Association; to represent teachers in collective bargaining; and to maintain and enforce the negotiated agreement.

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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 $0
Program Service Revenue $3,113,904
Investment Income $213,036
Other Revenue $88,515
TOTAL REVENUE $3,415,455

Expense Breakdown

Grants Paid $28,650
Salaries & Benefits $184,802
Fundraising Expenses $0
Program Expenses $2,740,484
Other Expenses $2,897,454
TOTAL EXPENSES $3,110,906

Year-over-Year Comparison

2023 2022 Change
Revenue $3,415,455 $3,208,433 +0.1%
Expenses $3,110,906 $3,159,970 0.0%
Net Income $304,549 $48,463 +5.3%
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
14
Independent Members
14
Employees
N/A
Volunteers
200

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
$159,132
Total Directors
14
$159,132
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Corey Aist President 40.00
Officer Director
$130,077 $29,055 $159,132
Christi Sitz VP, Commun 2.00
Officer Director
$0 $0 $0
Michaela Kolerok VP, Programs 2.00
Officer Director
$0 $0 $0
Misty Neslson Secretary 2.00
Officer Director
$0 $0 $0
Juli Campbell Treasurer 2.00
Officer Director
$0 $0 $0
Renee Rindone At-Large Dir. 2.00
Director
$0 $0 $0
Barbara Clark Region VI Dir 2.00
Director
$0 $0 $0
Jenell Hartman At-Large Dir. 2.00
Director
$0 $0 $0
Dana Cain At-Large Dir. 2.00
Director
$0 $0 $0
Afshan Mohammad At-Large Dir. 2.00
Director
$0 $0 $0
Susan Ritter At-Large Dir. 2.00
Director
$0 $0 $0
Kristen Melcan-Nevala At-Large Dir. 2.00
Director
$0 $0 $0
George Cromer Region VI Dir. 2.00
Director
$0 $0 $0
Brittany Hanson At-Large Dir. 2.00
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 $3,415,455 $3,110,906 $4,485,526 $304,549
2023 $3,208,433 $3,159,970 $4,097,437 $48,463
2022 $3,324,787 $3,207,898 $3,552,768 $116,889
2021 $3,629,893 $3,381,527 $3,817,216 $248,366
2020 $3,648,249 $3,386,543 $3,317,293 $261,706
2019 $3,623,843 $3,563,507 $2,977,070 $60,336
2018 $3,703,243 $3,580,574 $2,917,314 $122,669
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