HYDER COMMUNITY ASSOCIATION INC

EIN: 920087058 Community Improvement

HYDER, AK

Total Revenue
$219,262
Total Expenses
$292,657
Total Assets
$343,642
Net Assets
$343,642
🔒

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
Richard Simpson
Tax Period
2024-07-01 to 2025-06-30

HYDER COMMUNITY ASSOCIATION INC, founded in 1981, is a small nonprofit in the Community Improvement sector that reported $219K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $293K exceeded revenue, resulting in a 33% operating deficit.

Mission

The Hyder Community Association exists exclusively for the "betterment" of the community of Hyder, Alaska. There is a community building which contains a library, a meeting room, administration office, fire hall, and office space for the US Forest Service. Road maintenance is performed on the state owned road and snow removal is done on side streets and driveways. A small landfill and burn unit is provided for trash.

Program Service Accomplishments

Program 1
Expenses: $219,941 Revenue: $168,064

The Hyder Department of Transportation provides road maintenance and snow removal within the townsite for the permanent residents and visitors. The Hyder Community Association provides contract...

Read more

The Hyder Department of Transportation provides road maintenance and snow removal within the townsite for the permanent residents and visitors. The Hyder Community Association provides contract maintenance work for the State of Alaska and Ascot Resources which provide jobs to Hyder residents.

Program 2
Expenses: $59,207 Revenue: $41,746

The Hyder community building houses a community meeting room, library, fire hall, and office. The grounds include parking and playground equipment. The US Forest Service rents an office space in the...

Read more

The Hyder community building houses a community meeting room, library, fire hall, and office. The grounds include parking and playground equipment. The US Forest Service rents an office space in the building. The former water plant is used as a rental space for the Forest Service and Alaska State Trooper vehicles.

Program 3
Expenses: $5,045 Revenue: $7,000

The Hyder Library is open to Hyder residents as well as seasonal visitors. Services include internet access, book and DVD collection, computers, and printer/scanners.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $32,567
Program Service Revenue $168,064
Investment Income $2,412
Other Revenue $16,219
TOTAL REVENUE $219,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,248
Fundraising Expenses $0
Program Expenses $292,656
Other Expenses $257,409
TOTAL EXPENSES $292,657

Year-over-Year Comparison

2024 2023 Change
Revenue $219,262 $437,070 -0.5%
Expenses $292,657 $446,327 -0.3%
Net Income $-73,395 $-9,257 +6.9%
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
5
Independent Members
5
Employees
16
Volunteers
10

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diana Simpson President 3.00
Officer
$0 $0 $0
Richard Simpson Secretary/Treasurer 5.00
Officer
$0 $0 $0
Carol Denton Vice President 3.00
Officer Director
$0 $0 $0
Michael Burnett Director 3.00
Director
$0 $0 $0
Naomi Pelletier Director 3.00
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 $219,262 $292,657 $343,642 $-73,395
2024 $437,070 $446,327 $415,934 $-9,257
2023 $307,986 $297,538 $425,555 $10,448
2022 $362,353 $396,981 $417,342 $-34,628
2021 $244,281 $183,090 $451,970 $61,191
Explore More Nonprofits
Top 100 Nonprofits in Alaska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HYDER COMMUNITY ASSOCIATION INC with other nonprofits in Alaska and across the country.