Nonprofit · EIN 45-2634394
ALASKA HOUSING INITIATIVES
Tax-exempt · ANCHORAGE, AK 99501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $728,410 | $915,282 | -$186,872 | $2,808,950 | $5,910,741 | -$3,101,791 |
| June 30, 2024 | 990 | $649,688 | $858,847 | -$209,159 | $2,881,198 | $5,796,117 | -$2,914,919 |
| June 30, 2023 | 990 | -$323,717 | $0 | -$323,717 | $2,993,657 | $5,747,392 | -$2,753,735 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $728,400
- Investment income
- $7
- Other revenue
- $3
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $840
- Accounting fees
- $16,500
- Depreciation
- $91,418
- Program services (functional)
- $915,282
Balance sheet and other
- Total assets, start of year
- $2,881,198
- Total assets, end of year
- $2,808,950
- Total liabilities, end of year
- $5,910,741
- Net assets, end of year
- -$3,101,791
- Land, buildings and equipment
- $2,625,268
- Net assets without donor restrictions
- -$3,110,173
- Net assets with donor restrictions
- $8,382
- Gross receipts
- $728,410
- Employees
- 0
- Year formed
- 2011
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jan Hood | Director Trustee or director | 0.5 | $0 |
| Matthew Benedetti | Director Trustee or director | 0.5 | $0 |
| Daniel Powers | Director Trustee or director | 0.5 | $0 |
| Dusty Farrow | Director Trustee or director | 0.5 | $0 |
| Kathleen Kowalczuk | President Trustee or director, Officer | 0.5 | $0 |
| Karen Ward | Vice President Trustee or director, Officer | 0.5 | $0 |
| Sue Perrins | Secretary Trustee or director, Officer | 0.5 | $0 |
| Fabienne Smith | Treasurer Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jan Hood | Director Trustee or director | 0.5 | $0 |
| Julie Klassy | Director Trustee or director | 0.5 | $0 |
| Daniel Powers | Director Trustee or director | 0.5 | $0 |
| Karen Ward | Vice President Trustee or director, Officer | 0.5 | $0 |
| Kathleen Kowalczuk | President Trustee or director, Officer | 0.5 | $0 |
| Sue Perrins | Secretary Trustee or director, Officer | 0.5 | $0 |
| Fabienne Smith | Treasurer Trustee or director, Officer | 0.5 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Fabienne Smith | Director Trustee or director | 0.5 | $0 |
| Julie Klassy | Director Trustee or director | 0.5 | $0 |
| Jan Van den Top | Director Trustee or director | 0.5 | $0 |
| Jan Hood | Director Trustee or director | 0.5 | $0 |
| Kathleen Kowalczuk | PresidentTreasurer Trustee or director, Officer | 0.5 | $0 |
| Karen Ward | Vice President Trustee or director, Officer | 0.5 | $0 |
| Sue Perrins | Secretary Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 315 BARROW STREET, ANCHORAGE, AK 99501-2535
- In care of
- % KATHLEEN KOWALCZUK
- Principal officer (990 for 2024)
- Kathleen Kowalczuk, 315 Barrow Street, Anchorage, AK 99501
- Signed the 990
- KATHLEEN KOWALCZUK, President
- Phone
- (907) 261-5361
- Return prepared by
- Hutchings & Associates CPAs
Mission
The Organization owns and operates affordable housing untis in Anchorage, Alaska. The units are intended for rental to low-income individuals and families.
Program accomplishments
- Own and operate low income housing for residents in Anchorage, Alaska.Expenses $915,282 · revenue $728,400
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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2634394
- 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
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $2,808,950
- Income (IRS master file)
- $728,410
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $728,410 | $915,282 | $2,808,950 | IRS |
| 990 | June 2024 | $649,688 | $858,847 | $2,881,198 | IRS |
| 990 | June 2023 | -$323,717 | $0 | $2,993,657 | XML |
| 990 | June 2022 | -$275,295 | $0 | $3,364,799 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
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 45-2634394).
Questions about ALASKA HOUSING INITIATIVES
- What is the EIN of ALASKA HOUSING INITIATIVES?
- The employer identification number (EIN) of ALASKA HOUSING INITIATIVES is 45-2634394.
- Is ALASKA HOUSING INITIATIVES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to ALASKA HOUSING INITIATIVES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALASKA HOUSING INITIATIVES 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 HOUSING INITIATIVES 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 ALASKA HOUSING INITIATIVES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ALASKA HOUSING INITIATIVES?
- The 990 for the year ended June 30, 2025 names Kathleen Kowalczuk.
- Who are the officers and directors of ALASKA HOUSING INITIATIVES?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ALASKA HOUSING INITIATIVES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $728,410, expenses of $915,282 and total assets of $2,808,950 at year end.
Other nonprofits in ANCHORAGE
- ANCHORAGE NEIGHBORHOOD HOUSING SERVICES INC EIN 92-0082642 · last filed 990 for 2025
- ALASKA CORPORATION FOR AFFORDABLE HOUSING EIN 46-0942043 · last filed 990 for 2025
- COOK INLET HOUSING DEVELOPMENT CORP EIN 92-0103000 · last filed 990 for 2024
- BEANS CAFE INC EIN 92-0072522 · last filed 990 for 2025
- ANCHORAGE AFFORDABLE HOUSING AND LAND TRUST EIN 88-4139039 · last filed 990 for 2025
- ALASKA WORKS PARTNERSHIP INC EIN 91-1786519 · last filed 990 for 2025
- BEACON HILL EIN 27-1779531 · last filed 990 for 2025
- ASSOCIATION OF ALASKA HOUSING AUTHORITIES EIN 92-0070125 · last filed 990 for 2025