Southwest Alaska Municipal Conference

EIN: 920121660

Anchorage, AK

Total Revenue
$307,720
Total Expenses
$415,511
Total Assets
$846,088
Net Assets
$816,951
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
AK
Principal Officer
Wanetta Ayers
Phone
9075627380
Tax Period
2024-07-01 to 2025-06-30

Southwest Alaska Municipal Conference, founded in 1988, is a small nonprofit that reported $308K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $416K exceeded revenue, resulting in a 35% operating deficit.

Mission

SWAMC's mission is to be a regional membership organization that advances the collective interests of Southwest Alaska people, businesses, and communities. SWAMC helps promote economic opportunities to improve quality of life and influence long-term responsible development.

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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 (2024)

Revenue Breakdown

Contributions & Grants $203,519
Program Service Revenue $71,445
Investment Income $27,034
Other Revenue $5,722
TOTAL REVENUE $307,720

Expense Breakdown

Grants Paid $46,141
Salaries & Benefits $223,826
Fundraising Expenses $0
Program Expenses $287,694
Other Expenses $145,544
TOTAL EXPENSES $415,511

Year-over-Year Comparison

2024 2023 Change
Revenue $307,720 $362,051 -0.2%
Expenses $415,511 $379,300 +0.1%
Net Income $-107,791 $-17,249 +5.2%
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
11
Independent Members
11
Employees
2
Volunteers
22

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
$101,963
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rhonda Wayner Interim ED 40.00
Officer
$83,513 $0 $83,513
Wanetta Ayers Executive Dir. 40.00
Officer
$18,450 $0 $18,450
Terry Haines President 2.00
Officer Director
$0 $0 $0
Mary Swain Vice President 2.00
Officer Director
$0 $0 $0
Jared Griffin Treasurer 2.00
Officer Director
$0 $0 $0
Steven Carriere Board Officer 2.00
Director
$0 $0 $0
Carlin Enlow Board Officer 2.00
Director
$0 $0 $0
Glen Gardner Jr Board Officer 2.00
Director
$0 $0 $0
Paul Gronholdt Board Officer 2.00
Director
$0 $0 $0
Mayor Nikki Hoblet Board Officer 2.00
Director
$0 $0 $0
Darren Muller Board Officer 2.00
Director
$0 $0 $0
Alice Ruby Board Officer 2.00
Director
$0 $0 $0
Kaleb Westfall Board Officer 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 $307,720 $415,511 $846,088 $-107,791
2024 $362,051 $379,300 $932,712 $-17,249
2023 $290,925 $297,793 $905,127 $-6,868
2022 $499,296 $447,837 $936,941 $51,459
2021 $439,147 $411,199 $1,022,163 $27,948
2020 $514,357 $559,326 $932,534 $-44,969
2019 $1,558,714 $1,582,803 $977,670 $-24,089
2018 $902,399 $956,946 $1,001,780 $-54,547
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