Nonprofit · EIN 20-8897404
OLE
Tax-exempt · ANCHORAGE, AK 99524
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $88,052 | $106,027 | -$17,975 | $148,999 | $0 | $148,999 |
| June 30, 2024 | 990-EZ | $80,713 | $69,333 | $11,380 | $163,921 | $0 | $163,921 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,179
- Membership dues
- $60,000
- Program service revenue
- $13,274
- Investment income
- $3,899
- Other revenue
- $8,700
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $34,600
- Occupancy
- $10,381
- Printing, publications and postage
- $7,082
- Other expenses
- $53,964
- Program services (functional)
- $55,056
Balance sheet and other
- Total assets, start of year
- $163,921
- Total assets, end of year
- $148,999
- Total liabilities, end of year
- $0
- Net assets, end of year
- $148,999
- Cash, savings and investments
- $146,449
- Gross receipts
- $88,052
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gretchen Bersch | President | 2 | $0 |
| Susan Hawkins | Director | 0.5 | $0 |
| Edward Miner | Director | 0.5 | $0 |
| Bill Cole | Director | 0.5 | $0 |
| Betsey Howard | Director | 0.5 | $0 |
| Lydia Wirkus | Vice President | 2 | $0 |
| Patience Frederiksen | Treasurer | 2 | $0 |
| Cheryl Lovegreen | Director | 0.5 | $0 |
| Cindy Donaldson | Director | 0.5 | $0 |
| Karen Ingraham | Director | 0.5 | $0 |
| Craig Valentine | Director | 0.5 | $0 |
| Robert Mintz | Director | 0.5 | $0 |
| Mary Logomasini | Director | 0.5 | $0 |
990-EZ for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gretchen Bersch | President | 2 | $0 |
| Susan Hawkins | Director | 0.5 | $0 |
| Edward Miner | Director | 0.5 | $0 |
| Bill Cole | Director | 0.5 | $0 |
| Betsey Howard | Director | 0.5 | $0 |
| Sandra Christopherson | Secretary | 2 | $0 |
| Lydia Wirkus | Vice President | 2 | $0 |
| Patience Frederiksen | Treasurer | 2 | $0 |
| Janet Bidwell | Director | 0.5 | $0 |
| Cindy Donaldson | Director | 0.5 | $0 |
| Karen Ingraham | Director | 0.5 | $0 |
| Craig Valentine | Director | 0.5 | $0 |
| Robert Mintz | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 240488, ANCHORAGE, AK 99524-0488
- In care of
- % PATIENCE FREDERIKSEN
- Mailing address (990-N for 2014)
- PO Box 240488, Anchorage AK 995240488
- Principal officer (990-N for 2014)
- Gretchen Bersch, 1200 I Street Number 812, Anchorage AK 99501
- Signed the 990-EZ
- PATIENCE FREDERIKSEN, Treasurer
- Phone
- (907) 231-0095
- Website
- www.oleanchorage.org
- Return prepared by
- Hutchings & Associates CPAs
Mission
See Sch O
Program accomplishments
- OLE is affiliated with the University of Alaska Anchorage and offers a variety of courses specifically designed for people over the age of 50.Expenses $55,056
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-8897404
- 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
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $148,999
- Income (IRS master file)
- $88,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $88,052 | $106,027 | $148,999 | XML |
| 990-EZ | June 2024 | $80,713 | $69,333 | $163,921 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2014 Officer: Gretchen Bersch | June 30, 2015 | ≤ $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 20-8897404).
Questions about OLE
- What is the EIN of OLE?
- The employer identification number (EIN) of OLE is 20-8897404.
- Is OLE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to OLE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLE 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 OLE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of OLE?
- The 990-N for 2014 names Gretchen Bersch.
- Who are the officers and directors of OLE?
- The 990-EZ for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does OLE have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $88,052, expenses of $106,027 and total assets of $148,999 at year end.
Other nonprofits in ANCHORAGE
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- ALASKA PACIFIC UNIVERSITY EIN 92-0023588 · last filed 990 for 2025
- EASTERN ALEUTIAN TRIBES INC EIN 92-0139107 · last filed 990 for 2025
- COOK INLET NATIVE HEAD START EIN 27-0502649 · last filed 990 for 2024
- SPECIAL EDUCATION SERVICE AGENCY A PUBLIC AGENCY EIN 92-0117008 · last filed 990 for 2025
- PROGRAMS FOR INFANTS AND CHILDREN INC-PIC INC EIN 92-0100494 · last filed 990 for 2025
- CALISTA EDUCATION AND CULTURE INC EIN 92-0088631 · last filed 990 for 2024
- ARCTIC EDUCATION FOUNDATION EIN 92-0068447 · last filed 990-PF for 2024