Nonprofit · EIN 20-2860877
ALASKA FARMLAND TRUST CORPORATION
Also known as HERMON BEN TTEE
Tax-exempt · PALMER, AK 99645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | 990 | $468,026 | $303,779 | $164,247 | $181,478 | $25,834 | $155,644 |
| June 30, 2023 | 990 | $98,142 | $408,169 | -$310,027 | $253,298 | $264,489 | -$11,191 |
Financial details: 990 for the year ended June 30, 2024
Revenue
- Contributions, gifts and grants
- $457,114
- Program service revenue
- $0
- Investment income
- $2,882
- Net income from fundraising events
- $6,362
- Net income from sales of inventory
- $1,668
- Other revenue
- $8,030
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,469
- Other salaries and wages
- $100,209
- Salaries, compensation and benefits (total)
- $223,048
- Professional fundraising fees
- $0
- Legal fees
- $1,620
- Accounting fees
- $12,065
- Occupancy
- $113
- Travel
- $7,106
- Program services (functional)
- $152,997
- Management and general (functional)
- $139,475
- Fundraising (functional)
- $11,307
Balance sheet and other
- Total assets, start of year
- $253,298
- Total assets, end of year
- $181,478
- Total liabilities, end of year
- $25,834
- Net assets, end of year
- $155,644
- Land, buildings and equipment
- $6,410
- Net assets without donor restrictions
- $45,565
- Net assets with donor restrictions
- $110,079
- Gross receipts
- $479,988
- Employees
- 3
- Volunteers
- 24
- Year formed
- 2005
- State of legal domicile
- AK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Amy O'Connor | Executive Director (07/01/23-05/22/24) Officer | 40 | $92,083 | $8,375 |
| Phoebe Autry | Interim Executive Director (05/23/24-06/30/24) Officer | 40 | $79,083 | $0 |
| Leslie Senden | President Trustee or director, Officer | 4 | $0 | $0 |
| Erin Kittredge | Vice President (07/01/23-08/31/23) Trustee or director, Officer | 2 | $0 | $0 |
| Dan Cheyette | Vice President (09/01/23-06/30/24) Trustee or director, Officer | 2 | $0 | $0 |
| Bob Jones | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Sarah Phipps | Secretary (07/01/23-04/18/24) Trustee or director, Officer | 2 | $0 | $0 |
| Carol Kenley | Director (07/01/23-01/31/24) Trustee or director | 1 | $0 | $0 |
| Dan Cheyette | Director (07/01/23-08/31/23) Trustee or director | 1 | $0 | $0 |
| Lan Hecimovich | Director Trustee or director | 1 | $0 | $0 |
| Leah Corbin | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Amy O'Connor | Executive Director Officer | 40 | $40,539 | $2,618 |
| Leslie Senden | Chairman Trustee or director, Officer | 4 | $0 | $0 |
| Dan Cheyette | Vice Chairman Trustee or director, Officer | 4 | $0 | $0 |
| Sarah Phipps | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Robert Jones | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Lan Hecimovich | Director Trustee or director | 1 | $0 | $0 |
| Erin Kittredge | Director Trustee or director | 1 | $0 | $0 |
| Carol Kenley | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 248 E DAHLIA AVE, PALMER, AK 99645-6409
- Mailing address (990-N for 2007)
- 248 E Dahlia Ave, Palmer AK 99645
- Principal officer (990 for 2023)
- Leslie Senden, 248 E Dahlia Ave, Palmer, AK 99645
- Principal officer (990-N for 2007)
- Ben Hermon, 248 E Dahlia Ave, Palmer AK 99645
- Signed the 990
- Nancy Burnett, Treasurer
- Phone
- (907) 745-3336
- Website
- https://akfarmland.com/
- Return prepared by
- Tor Daley CPA
Mission
The Alaska Farmland Trust envisions a future with thriving local food markets that will give Alaskans access to fresh, healthy food, and keep our farmers farming.
Program accomplishments
- Lands Program: Identify properties to protect; work with landowners to protect their farmland; raise funds for farmland protection. Assist landowners with easement projects and conduct transactions.Expenses $146,233
- Farmlink Program: Connect landowners with land seekers to assist in transitioning property while maintaining its agriculture integrity. This program also seeks to Educate the public about the lands program,and the agriculture industry in general.Expenses $6,764
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 20-2860877
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C34)
- Assets (IRS master file)
- $212,509
- Income (IRS master file)
- $127,474
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2024 | $468,026 | $303,779 | $181,478 | XML |
| 990 | June 2023 | $98,142 | $408,169 | $253,298 | XML |
| 990 | June 2022 | $230,844 | $188,498 | $506,631 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: Ben Hermon | June 30, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2860877).
Questions about ALASKA FARMLAND TRUST CORPORATION
- What is the EIN of ALASKA FARMLAND TRUST CORPORATION?
- The employer identification number (EIN) of ALASKA FARMLAND TRUST CORPORATION is 20-2860877.
- Is ALASKA FARMLAND TRUST CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to ALASKA FARMLAND TRUST CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALASKA FARMLAND TRUST CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALASKA FARMLAND TRUST CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALASKA FARMLAND TRUST CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2024.
- Who is the principal officer of ALASKA FARMLAND TRUST CORPORATION?
- The 990 for the year ended June 30, 2024 names Leslie Senden.
- Who are the officers and directors of ALASKA FARMLAND TRUST CORPORATION?
- The 990 for the year ended June 30, 2024 lists 11 people; 2 received compensation from the organization, the highest $92,083 (Amy O'Connor, Executive Director (07/01/23-05/22/24)).
- How much revenue does ALASKA FARMLAND TRUST CORPORATION have?
- On its 990 for the year ended June 30, 2024 it reported revenue of $468,026, expenses of $303,779 and total assets of $181,478 at year end.
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- BRIGHT LIGHTS BOOK PROJECT EIN 87-3365439 · last filed 990-EZ for 2025
- MAT-SU MASTER GARDNER ASSOCIATION INC EIN 71-1015499 · last filed 990-N for 2025
- BACK COUNTRY HORSEMEN OF ALASKA EIN 30-0516210 · last filed 990-N for 2025
- THE WILDLIFERS EIN 20-8290002 · last filed 990-N for 2025
- MATANUSKA ELECTRIC ASSOCIATION INC EIN 92-0007954 · last filed 990 for 2025
- ALASKA STATE FAIR INCORPORATED EIN 92-0027358 · last filed 990 for 2024