Kenai Mountains-Turnagain Arm Nat'l Heritage Corridor Communities Assoc

EIN: 920173900 501(c)(3) Environment

Girdwood, AK

Total Revenue
$832,682
Total Expenses
$621,762
Total Assets
$449,121
Net Assets
$446,379
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AK
Principal Officer
Margaret Tyler
Phone
2069209051
Tax Period
2023-10-01 to 2024-09-30

Kenai Mountains-Turnagain Arm Nat'l Heritage Corridor Communities Assoc, founded in 2000, is a small nonprofit in the Environment sector that reported $833K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $211K, a strong 25% operating margin.

Mission

The KMTA Corridor Communities Association was incorporated in 2000 to recognize, preserve, and interpret the historic resources and cultural landscapes of the Kenai Mountains-Turnagain Arm transportation corridor. The Association fosters planning and partnerships among the communities within the corridor, as well as among individuals, businesses, borough, state, and federal agencies, to promote the public enjoyment of these resources. The Association also receives and administers funds, appropriated by congress and other sources, to support communities in developing projects that recognize, preserve, and interpret the Kenai Mountains-Turnagain Arm's rich and scenic heritage.

Program Service Accomplishments

Program 1
Expenses: $18,676 Revenue: $18,506

In FY24, KMTA hosted 8 key events that brought people together to celebrate the natural and cultural heritage of Alaska's only National Heritage Area. These events included but were not limited to...

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In FY24, KMTA hosted 8 key events that brought people together to celebrate the natural and cultural heritage of Alaska's only National Heritage Area. These events included but were not limited to the Mineshaft Grinder- an uphill gravel bike race in the historic mining community of Hope, the Corduroy Crush- a family-friendly Nordic ski race on the famous 5K loop in Girdwood, and the Spencer Dash- a running race traversing the path of the recession of the Spencer Glacier.

Program 2
Expenses: $199,529 Revenue: $41,026

In FY24, KMTA led 5 distinct outdoor education programs for local youth that connected them to their public lands, and the NHA's living heritage. These programs were offered year-round, expanding...

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In FY24, KMTA led 5 distinct outdoor education programs for local youth that connected them to their public lands, and the NHA's living heritage. These programs were offered year-round, expanding access to impactful learning opportunities. In total we served 816 kids from 9 communities over 111 days of programming. Our programs included: Alaska Outdoor School- an overnight program for 5th graders in Portage Valley, Fresh Air Fridays- a school in service day program, SnowSchool- a winter science and ecology program, Pathfinders- a trail-based program, and Coastal Connections- a day-based marine and coastal ecosystem program.

Program 3
Expenses: $155,470

In FY24, KMTA supported many community-based projects that helped maintain 33 miles of trails, engaged 60+ partners, 65 volunteers, and invested $130K directly into local communities. These projects...

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In FY24, KMTA supported many community-based projects that helped maintain 33 miles of trails, engaged 60+ partners, 65 volunteers, and invested $130K directly into local communities. These projects helped preserve the cultural and natural resources of the National Heritage Area.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $773,150
Program Service Revenue $59,532
Investment Income $0
Other Revenue $0
TOTAL REVENUE $832,682

Expense Breakdown

Grants Paid $102,564
Salaries & Benefits $316,101
Fundraising Expenses $434
Program Expenses $373,675
Other Expenses $203,097
TOTAL EXPENSES $621,762

Year-over-Year Comparison

2023 2022 Change
Revenue $832,682 $584,698 +0.4%
Expenses $621,762 $555,162 +0.1%
Net Income $210,920 $29,536 +6.1%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Tyler President 4.00
Officer Director
$0 $0 $0
Theo Lexmond Vice President 2.00
Officer Director
$0 $0 $0
Maddie Halloran Secretary 2.00
Officer Director
$0 $0 $0
Bernadine Atchison Treasurer 2.00
Officer Director
$0 $0 $0
Jeff Samuels Director 2.00
Director
$0 $0 $0
Rachel James Director 2.00
Director
$0 $0 $0
Bruce Jaffa Director 2.00
Director
$0 $0 $0
Jillian Jablonski Director 2.00
Director
$0 $0 $0
Rachel Freeman Executive Director 40.00
Highest
$115,900 $0 $115,900
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 $832,682 $621,762 $449,121 $210,920
2023 $584,698 $555,162 $249,464 $29,536
2022 $197,541 $303,523 $229,248 $-105,982
2021 $294,655 $276,390 $331,991 $18,265
2020 $284,606 $366,257 $313,721 $-81,651
2019 $329,360 $329,373 $394,875 $-13
2018 $466,293 $355,649 $377,656 $110,644
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