Wasilla Area Seniors Inc

EIN: 920082770 501(c)(3) Human Services

Wasilla, AK

Total Revenue
$3,308,755
Total Expenses
$2,276,639
Total Assets
$10,979,167
Net Assets
$6,801,134
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
AK
Principal Officer
Diana Hanson
Phone
9072068800
Tax Period
2023-07-01 to 2024-06-30

Wasilla Area Seniors Inc, founded in 1981, is a community nonprofit in the Human Services sector that reported $3.3M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 31% operating margin.

Mission

To enable seniors living in the Matanuska-Susitna Borough to live as independently as possible for as long as possible.

Program Service Accomplishments

Program 1
Expenses: $1,298,307 Revenue: $660,238

Nutrition Program: is designed to reduce hunger and food insecurity, promote socialization of older individuals, promote the health and well-being of older individuals and delay adverse health...

Read more

Nutrition Program: is designed to reduce hunger and food insecurity, promote socialization of older individuals, promote the health and well-being of older individuals and delay adverse health conditions through access to nutrition and other disease prevention and health promotion services. The program includes:Congregate Meals: provided in a congregate setting at the Wasilla Area Senior and Mid-Valley Senior Centers to individuals aged 60 years and older.Home-Delivered Meals: provided to homebound individuals aged 60 years and over and their spouse. Transportation to and from the WASI center for congregate meals.

Program 2
Expenses: $270,676 Revenue: $399

Other Miscellaneous Programs: Other services and activities that enable seniors in the Mat-Su to live as independent as possible for as long as possible

Program 3
Expenses: $226,687 Revenue: $32,924

Outreach Services: designed to assist seniors in their homes, allowing them to remain as independent as possible for as long as possible.Chore Services: WASI senior care workers help with housework...

Read more

Outreach Services: designed to assist seniors in their homes, allowing them to remain as independent as possible for as long as possible.Chore Services: WASI senior care workers help with housework, meal preparation, sidewalk maintenance and other activities seniors may find difficult to do on their own.Respite Care: Provides substitute in-home care for adults with declining physical or cognitive functions so fulltime caregivers can take time for themselves.Supplemental Services: Helps low-income seniors maintain a safe and healthy environment to avoid a crisis that would jeopardize their ability to remain independently in their own home. Assists with medical, dental, mobility equipment, and home modification costs not covered by other benefits.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,771,213
Program Service Revenue $746,637
Investment Income $-5,980
Other Revenue $-203,115
TOTAL REVENUE $3,308,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,479,508
Fundraising Expenses $40,555
Program Expenses $2,139,483
Other Expenses $797,131
TOTAL EXPENSES $2,276,639

Year-over-Year Comparison

2023 2022 Change
Revenue $3,308,755 $2,710,927 +0.2%
Expenses $2,276,639 $2,205,242 +0.0%
Net Income $1,032,116 $505,685 +1.0%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
74
Volunteers
65

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
8
$186,429
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marlene Munsell CEO 41.00
Officer
$104,000 $0 $104,000
Diana Hanson CFO 49.00
Officer
$82,429 $0 $82,429
Chuck Foster President 2.00
Officer Director
$0 $0 $0
Brenda Shelden Vice President 2.00
Officer Director
$0 $0 $0
Elsie O'Bryan Secretary 2.00
Officer Director
$0 $0 $0
Ray Hollenbeck Treasurer 2.00
Officer Director
$0 $0 $0
Kristie Smithers-Poppell Board Member 2.00
Director
$0 $0 $0
Katie Carney Board Member 2.00
Director
$0 $0 $0
Kate Hall Board Member 2.00
Director
$0 $0 $0
Nancy Bidwell Board Member 2.00
Director
$0 $0 $0
Donna Young Board Member 2.00
Director
$0 $0 $0
John Weaver President 2.00
Officer Director
$0 $0 $0
Allie Gladden Treasurer 2.00
Officer Director
$0 $0 $0
Greg Parvin Board Member 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
2025 No data No data No data No data
2024 $3,308,755 $2,276,639 $10,979,167 $1,032,116
2023 $2,710,927 $2,205,242 $10,157,124 $505,685
2022 $2,193,604 $2,289,869 $9,800,261 $-96,265
2021 $3,204,833 $1,844,046 $10,144,036 $1,360,787
2020 $2,361,977 $1,468,861 $9,260,864 $893,116
2019 $1,441,838 $1,627,165 $6,859,671 $-185,327
2018 $1,440,252 $1,661,280 $5,650,811 $-221,028
Explore More Nonprofits
Top 100 Nonprofits in Alaska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Wasilla Area Seniors Inc with other nonprofits in Alaska and across the country.