Civic Intelligence

Aclt P1 Inc

990 • Fiscal year 2023 • EIN 83-3566699

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 23, 2024

Organization Profilewww.anchoragelandtrust.org
3701 Mountain View DrAnchorage, AK 99508

(907) 748-5848

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.07x

Higher debt load relative to assets than 47% of similar nonprofits.

2023 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

52nd percentile

0.86x

Higher debt load relative to revenue than 52% of similar nonprofits.

2023 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2023

Net Margin

96th percentile

100%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2023

Asset Growth

2nd percentile

-31%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-18%

Faster revenue growth than 20% of similar nonprofits.

2023 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$4,012,054

Down $1,815,794 (-31%) from 2022

Net Assets

Down

$3,741,580

Down $841,330 (-18%) from 2022

Liabilities

Down

$270,474

Down $974,464 (-78%) from 2022

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin96th percentile

Revenue

Down

$314,746

Down $69,047 (-18%) from 2022

Expenses

Flat

$0

Flat from 2022

Net Income

Down

$314,746

Down $69,047 (-18%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $5,252,780Liabilities 2018: $1,350,063Net Assets 2018: $3,902,7172018Assets 2019: $5,539,006Liabilities 2019: $1,376,341Net Assets 2019: $4,162,6652019Assets 2020: $5,669,644Liabilities 2020: $1,357,381Net Assets 2020: $4,312,2632020Assets 2021: $5,837,858Liabilities 2021: $1,267,494Net Assets 2021: $4,570,3642021Assets 2022: $5,827,848Liabilities 2022: $1,244,938Net Assets 2022: $4,582,9102022Assets 2023: $4,012,054Liabilities 2023: $270,474Net Assets 2023: $3,741,5802023Assets 2024: $3,854,872Liabilities 2024: $256,296Net Assets 2024: $3,598,5762024

Highlighted filing

2023

Assets$4,012,054
Liabilities$270,474
Net Assets$3,741,580
Open 2023 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $185,467Expenses 2018: $0Net Income 2018: $185,4672018Revenue 2019: $176,113Expenses 2019: $0Net Income 2019: $176,1132019Revenue 2020: $249,598Expenses 2020: $0Net Income 2020: $249,5982020Revenue 2021: $258,101Expenses 2021: $0Net Income 2021: $258,1012021Revenue 2022: $383,793Expenses 2022: $0Net Income 2022: $383,7932022Revenue 2023: $314,746Expenses 2023: $0Net Income 2023: $314,7462023Revenue 2024: $218,736Expenses 2024: $0Net Income 2024: $218,7362024

Highlighted filing

2023

Revenue$314,746
Expenses$0
Net Income$314,746
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 23, 2024
Return Version
2023v5.1
Gross Receipts
$955,165
Mission and Program Overview

Mission

Hold Title to the property at 161 Klevin Street, formerly owned by ACLT Properties 1, LLC, wholly owned by the Anchorage Community Land Trust

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,190,387$3,960,389▼ $229,998
Savings and Temporary Cash Investments$356,531$29,507▼ $327,024
Prepaid Expenses and Deferred Charges$9,960$12,645▲ $2,685
Cash and Non-Interest-Bearing Accounts$1,268,952$9,423▼ $1,259,529
Accounts Receivable$2,016$90▼ $1,926
Total Assets$5,827,846$4,012,054▼ $1,815,792
Liabilities
Mortgage Notes Payable Secured by Investment Property$977,000--
Other Liabilities$224,283$176,786▼ $47,497
Accounts Payable and Accrued Expenses$4,812$93,688▲ $88,876
Total Liabilities$1,206,095$270,474▼ $935,621
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,621,751$3,741,580▼ $880,171
Total Net Assets Fund Balance$4,621,751$3,741,580▼ $880,171
Total Liabilities and Net Assets / Fund Balance$5,827,846$4,012,054▼ $1,815,792

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,297,599$5,579,819$8,877,418
Land$630,200-$630,200
Equipment$32,590$391,847$424,437
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Gary ScottChair
Pam KauvieyakulVice Chair
Barry EvansDirector
Jon BittnerDirector
LeeAnn GarrickDirector
Lori McCaffreyDirector
Lucy HansenDirector
Kirk RoseCEO
Katie KavanaughSecretary
Kirsten HalpinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$121
Other Revenue
$314,625
Change in Net Assets
$314,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Equity Option Agreement$128,333
Security Deposits$29,507
Prepaid Rents$14,946
Tenant Lease Credit$4,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“The sole stockholder (Par Value $ 0.00) is the Anchorage Community Land Trust”

Form 990 governing body review Part VI line 11

“Once the completed 990 is received, it is reviewed by the ACLT Finance Committee at the call of the Chair with the auditors present to assist in the presentation at the next regular meeting after that review or a call meeting, whichever comes first, in order to complete and submit timely. The full Board will have a copy and will be walked through the documents for review and approval.”

Conflict of interest policy compliance Part VI line 12C

“The Governing Body is apprised of the requirement of declaring conflict of interest and is not allowed to vote on issues where conflict is possible or apparant. Annually, the Governing Body addresses potential or possible conflict of interest in the regular meetings, where minutes are maintained. All Board Members have completed board training at some time during their tenure concerning conflict of interest issues. For purposes of consistency, the official agenda for each board meeting contains a section requiring the Board Members to acknowledge any potential conflicts of interest on the current agenda or sign off that none exist.”

CEO executive director top management comp Part VI line 15A

“The Chairman of the Board conducts a thorough review of the CEOs performance and conducts a performance review with the CEO. Executive sessions of the Board are available for additional review.”

Governing documents etc available to public Part VI line 19

“All documents are available upon request at the Corporate Offices.”

Filing and Contact Details

Filer

Filer Name
ACLT P1 Inc
EIN
83-3566699
Address
3701 Mountain View Dr, Anchorage, AK 99508

Signing Officer

Name
Kirk Rose
Title
CEO
Phone
9077485848
Signed
2024-07-23
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Ak
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Hutchings & Associates CPAs
Address
4141 B Street Ste 403, Anchorage, AK 99503
Preparer
Rod Hutchings
Phone
9075632727
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“A dividend was paid to Anchorage Community Land Trust”

Raw XML Appendix351 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04812
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt093688
IRS990/AccountsReceivableGrp/BOYAmt02016
IRS990/AccountsReceivableGrp/EOYAmt090
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Hold Title to the property at 161 Klevin Street, formerly owned by ACLT Properties 1, LLC, wholly owned by the Anchorage Community Land Trust
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Kirk Rose
IRS990/BooksInCareOfDetail/PhoneNum09077485848
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03701 Mountain View Dr
IRS990/BooksInCareOfDetail/USAddress/CityNm0Anchorage
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099508
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01268952
IRS990/CashNonInterestBearingGrp/EOYAmt09423
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0121
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt0314625
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0314746
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0314746
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0The Corporation is required to collect income from its rental property and to turn over the entire income, less expenses, to the Anchorage Community Land Trust or other Organization(s) exempt under 501(a); expenses include maintenance, debt service, reserves, and other expenses proper for a Corporation holding title to real property.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Barry Evans
IRS990/Form990PartVIISectionAGrp/PersonNm1Lori McCaffrey
IRS990/Form990PartVIISectionAGrp/PersonNm2LeeAnn Garrick
IRS990/Form990PartVIISectionAGrp/PersonNm3Jon Bittner
IRS990/Form990PartVIISectionAGrp/PersonNm4Lucy Hansen
IRS990/Form990PartVIISectionAGrp/PersonNm5Pam Kauvieyakul
IRS990/Form990PartVIISectionAGrp/PersonNm6Gary Scott
IRS990/Form990PartVIISectionAGrp/PersonNm7Katie Kavanaugh
IRS990/Form990PartVIISectionAGrp/PersonNm8Kirsten Halpin
IRS990/Form990PartVIISectionAGrp/PersonNm9Kirk Rose
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0955165
IRS990/GrossRentsGrp/RealAmt0955044
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0121
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0121
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05971666
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04190387
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03960389
IRS990/LandBldgEquipCostOrOtherBssAmt09932055
IRS990/LegalDomicileStateCd0AK
IRS990/LessRentalExpensesGrp/RealAmt0640419
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Hold Title to the property at 161 Klevin Street, formerly owned by ACLT Properties 1, LLC, wholly owned by the Anchorage Community Land Trust
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0977000
IRS990/NetAssetsOrFundBalancesBOYAmt04621751
IRS990/NetAssetsOrFundBalancesEOYAmt03741580
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0314625
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0314625
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04621751
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03741580
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-1194917
IRS990/OtherLiabilitiesGrp/BOYAmt0224283
IRS990/OtherLiabilitiesGrp/EOYAmt0176786
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09960
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012645
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt087
IRS990/PYOtherRevenueAmt0383706
IRS990/PYRevenuesLessExpensesAmt0383793
IRS990/PYTotalRevenueAmt0383793
IRS990/ReconcilationRevenueExpnssAmt0314746
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0314625
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0356531
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029507
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03297599
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05579819
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08877418
IRS990ScheduleD/EquipmentGrp/BookValueAmt032590
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0391847
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0424437
IRS990ScheduleD/LandGrp/BookValueAmt0630200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0630200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014946
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1128333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt229507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt34000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Rents
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Equity Option Agreement
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Tenant Lease Credit
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03960389
IRS990ScheduleD/TotalLiabilityAmt0176786
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The sole stockholder (Par Value $ 0.00) is the Anchorage Community Land Trust
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Once the completed 990 is received, it is reviewed by the ACLT Finance Committee at the call of the Chair with the auditors present to assist in the presentation at the next regular meeting after that review or a call meeting, whichever comes first, in order to complete and submit timely. The full Board will have a copy and will be walked through the documents for review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Governing Body is apprised of the requirement of declaring conflict of interest and is not allowed to vote on issues where conflict is possible or apparant. Annually, the Governing Body addresses potential or possible conflict of interest in the regular meetings, where minutes are maintained. All Board Members have completed board training at some time during their tenure concerning conflict of interest issues. For purposes of consistency, the official agenda for each board meeting contains a section requiring the Board Members to acknowledge any potential conflicts of interest on the current agenda or sign off that none exist.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Chairman of the Board conducts a thorough review of the CEOs performance and conducts a performance review with the CEO. Executive sessions of the Board are available for additional review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents are available upon request at the Corporate Offices.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A dividend was paid to Anchorage Community Land Trust
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Anchorage Community Land Trust
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Anchorage Community Land Trust
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACLT P2 Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Anchorage Community Land Trust
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0833566954
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1200461014
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Rental Property
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Community Development
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03701 Mountain View Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13701 Mountain View Drive
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Anchorage
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Anchorage
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd099508
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd199508
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05827846
IRS990/TotalAssetsEOYAmt04012054
IRS990/TotalAssetsGrp/BOYAmt05827846
IRS990/TotalAssetsGrp/EOYAmt04012054
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01206095
IRS990/TotalLiabilitiesEOYAmt0270474
IRS990/TotalLiabilitiesGrp/BOYAmt01206095
IRS990/TotalLiabilitiesGrp/EOYAmt0270474
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04621751
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03741580
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0314746
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0314746
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05827846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04012054
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kirk Rose
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09077485848
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACLT P1 Inc
ReturnHeader/Filer/BusinessNameControlTxt0ACLT
ReturnHeader/Filer/EIN0833566699
ReturnHeader/Filer/USAddress/AddressLine1Txt03701 Mountain View Dr
ReturnHeader/Filer/USAddress/CityNm0Anchorage
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099508
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203324206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hutchings & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04141 B Street Ste 403
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Anchorage
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd099503
ReturnHeader/PreparerPersonGrp/PhoneNum09075632727
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rod Hutchings
ReturnHeader/ReturnTs02024-08-15T17:49:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,012,054
Liabilities
$270,474
Net assets
$3,741,580
Revenue
$314,746
Expenses
$0
Net income
$314,746
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.26$3.60$0.22$0.00$0.22
2023Detailed filing. Detailed filing data is available for this year.$4.01$0.27$3.74$0.31$0.00$0.31
2022Detailed filing. Detailed filing data is available for this year.$5.83$1.24$4.58$0.38$0.00$0.38
2021Detailed filing. Detailed filing data is available for this year.$5.84$1.27$4.57$0.26$0.00$0.26
2020Detailed filing. Detailed filing data is available for this year.$5.67$1.36$4.31$0.25$0.00$0.25
2019Detailed filing. Detailed filing data is available for this year.$5.54$1.38$4.16$0.18$0.00$0.18
2018Summary only. Only limited summary data is available for this year.$5.25$1.35$3.90$0.19$0.00$0.19
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00