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Nonprofit · EIN 20-8897404

OLE

Tax-exempt · ANCHORAGE, AK 99524

Financials

$81K$69K2023$88K$106K2024
Revenue Expenses · by fiscal year end
Financials of OLE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$88,052$106,027-$17,975$148,999$0$148,999
June 30, 2024990-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.

NameTitleHours / weekCompensation
Gretchen BerschPresident2$0
Susan HawkinsDirector0.5$0
Edward MinerDirector0.5$0
Bill ColeDirector0.5$0
Betsey HowardDirector0.5$0
Lydia WirkusVice President2$0
Patience FrederiksenTreasurer2$0
Cheryl LovegreenDirector0.5$0
Cindy DonaldsonDirector0.5$0
Karen IngrahamDirector0.5$0
Craig ValentineDirector0.5$0
Robert MintzDirector0.5$0
Mary LogomasiniDirector0.5$0
990-EZ for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensation
Gretchen BerschPresident2$0
Susan HawkinsDirector0.5$0
Edward MinerDirector0.5$0
Bill ColeDirector0.5$0
Betsey HowardDirector0.5$0
Sandra ChristophersonSecretary2$0
Lydia WirkusVice President2$0
Patience FrederiksenTreasurer2$0
Janet BidwellDirector0.5$0
Cindy DonaldsonDirector0.5$0
Karen IngrahamDirector0.5$0
Craig ValentineDirector0.5$0
Robert MintzDirector0.5$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
Return prepared by
Hutchings & Associates CPAs

Mission

See Sch O

990-EZ for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$88,052$106,027$148,999XML
990-EZJune 2024$80,713$69,333$163,921XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 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.

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