Civic Intelligence

Alaska Electrical Pension Fund Re Title Holding Corp

990 • Fiscal year 2018 • EIN 92-0162126

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

701 E Tudor Suite 200Anchorage, AK 99503

(907) 276-1246

Siviq Scores

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

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2018 filings • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

48th percentile

0.32x

Higher debt load relative to revenue than 48% of similar nonprofits.

2018 filings • $50M-$100M nonprofits • Source year 2018

Net Margin

97th percentile

89%

Higher net margin than 97% of similar nonprofits.

2018 filings • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$405,500

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2018 filings • $50M-$100M nonprofits • Source year 2018

Asset Growth

58th percentile

4.2%

Faster asset growth than 58% of similar nonprofits.

2018 filings • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

86th percentile

37%

Faster revenue growth than 86% of similar nonprofits.

2018 filings • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$98,789,578

Up $3,981,949 (+4.2%) from 2017

Net Assets

Up

$97,798,795

Up $4,149,770 (+4.4%) from 2017

Liabilities

Down

$990,783

Down $167,821 (-14%) from 2017

Revenue

Up

$3,093,600

Up $836,371 (+37%) from 2017

Expenses

Up

$352,504

Up $40,911 (+13%) from 2017

Net Income

Up

$2,741,096

Up $795,460 (+41%) from 2017

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $57,385,584Liabilities 2010: $206,008Net Assets 2010: $57,179,5762010Assets 2011: $51,631,550Liabilities 2011: $148,234Net Assets 2011: $51,483,3162011Assets 2012: $63,233,181Liabilities 2012: $2,494,908Net Assets 2012: $60,738,2732012Assets 2013: $66,835,203Liabilities 2013: $2,982,762Net Assets 2013: $63,852,4412013Assets 2014: $67,785,056Liabilities 2014: $788,487Net Assets 2014: $66,996,5692014Assets 2015: $70,879,159Liabilities 2015: $821,814Net Assets 2015: $70,057,3452015Assets 2016: $96,588,897Liabilities 2016: $1,088,865Net Assets 2016: $95,500,0322016Assets 2017: $94,807,629Liabilities 2017: $1,158,604Net Assets 2017: $93,649,0252017Assets 2018: $98,789,578Liabilities 2018: $990,783Net Assets 2018: $97,798,7952018Assets 2019: $104,929,111Liabilities 2019: $944,879Net Assets 2019: $103,984,2322019Assets 2020: $100,627,471Liabilities 2020: $903,503Net Assets 2020: $99,723,9682020Assets 2021: $87,986,512Liabilities 2021: $865,769Net Assets 2021: $87,120,7432021Assets 2022: $78,167,892Liabilities 2022: $832,857Net Assets 2022: $77,335,0352022Assets 2023: $66,981,709Liabilities 2023: $714,710Net Assets 2023: $66,266,9992023Assets 2024: $62,942,186Liabilities 2024: $722,781Net Assets 2024: $62,219,4052024

Highlighted filing

2018

Assets$98,789,578
Liabilities$990,783
Net Assets$97,798,795

Operations Trend

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

$10M$5.0M$0Expenses 2010: $157,2532010Expenses 2011: $145,9342011Revenue 2012: $3,720,142Expenses 2012: $162,814Net Income 2012: $3,557,3282012Revenue 2013: $1,901,675Expenses 2013: $202,632Net Income 2013: $1,699,0432013Revenue 2014: $4,185,516Expenses 2014: $254,137Net Income 2014: $3,931,3792014Revenue 2015: $4,190,397Expenses 2015: $294,721Net Income 2015: $3,895,6762015Revenue 2016: $8,095,341Expenses 2016: $305,724Net Income 2016: $7,789,6172016Revenue 2017: $2,257,229Expenses 2017: $311,593Net Income 2017: $1,945,6362017Revenue 2018: $3,093,600Expenses 2018: $352,504Net Income 2018: $2,741,0962018Revenue 2019: $2,759,175Expenses 2019: $358,965Net Income 2019: $2,400,2102019Revenue 2020: $3,700,009Expenses 2020: $338,744Net Income 2020: $3,361,2652020Revenue 2021: $6,288,205Expenses 2021: $356,156Net Income 2021: $5,932,0492021Revenue 2022: $2,933,391Expenses 2022: $391,502Net Income 2022: $2,541,8892022Revenue 2023: $2,770,768Expenses 2023: $411,860Net Income 2023: $2,358,9082023Revenue 2024: $2,319,779Expenses 2024: $417,096Net Income 2024: $1,902,6832024

Highlighted filing

2018

Revenue$3,093,600
Expenses$352,504
Net Income$2,741,096
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$8,884,963
Mission and Program Overview

Mission

Holding title to real property

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$92,639,000$95,953,000▲ $3,314,000
Cap Stk Tr Prin Current Funds$95,500,032$93,649,025▼ $1,851,007
Rtn Earn Endowment Incm Other Fnds$-1,851,007$4,149,770▲ $6,000,777
Savings and Temporary Cash Investments$1,602,925$2,328,992▲ $726,067
Accounts Receivable$173,466$243,063▲ $69,597
Cash and Non-Interest-Bearing Accounts$170,027$189,408▲ $19,381
Prepaid Expenses and Deferred Charges$222,211$75,115▼ $147,096
Total Assets$94,807,629$98,789,578▲ $3,981,949
Liabilities
Accounts Payable and Accrued Expenses$1,158,604$990,783▼ $167,821
Total Liabilities$1,158,604$990,783▼ $167,821
Net Assets / Fund Balance
Total Net Assets Fund Balance$93,649,025$97,798,795▲ $4,149,770
Total Liabilities and Net Assets / Fund Balance$94,807,629$98,789,578▲ $3,981,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$95,953,000$5,823,448-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter CrossonReal EstatePT$170,906$234,594$405,500
Peter CrossonReal Estate Manager-$158,371$164,488$322,859
-Administrato--$184,148$184,148

Board Members and Trustees

NameTitle
David Reaves JrTrustee
Jason HodgesTrustee
Jay RhodesTrustee
Jesse YoungTrustee
Knute AndersonTrustee
Lael FullfordTrustee
Larry BellTrustee
Laurie ButcherTrustee
Lee ThibertTrustee
Marcie ObremskiTrustee
Rodney HessonTrustee
Scott BringmannTrustee
Tim BrannanTrustee
-Administrator
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,950
Other Revenue
$3,090,650
Change in Net Assets
$2,741,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$326,041
Other Expenses$26,463
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$223,450--$223,450
Other Salaries and Wages$58,998--$58,998
Travel$26,463--$26,463
Other Employee Benefits$15,308--$15,308
Pension Plan Contributions$14,312--$14,312
Payroll Taxes$13,973--$13,973
Total Functional Expenses$352,504$0$0$352,504
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Knute anderson ibew executive board member trustee business relationship david reaves, jr. Ibew executive board member trustee business relationship jesse young ibew executive board member trustee business relationship

Form 990, Page 6, Part VI, Line 9

Knute anderson p.o. Box 55422 north pole, ak 99705 larry bell 712 west 36th avenue anchorage, ak 99503 scott bringmann p.o. Box 91499 anchorage, ak 99509 laurie butcher 600 telephone ave. Ms 8 anchorage, ak 99503 rodney hesson 813 w. 12th street juneau, ak 99801 jason hodges 7941 sandlewood place anchorage, ak 99507 marcie obremski 3333 denali street, suite 200 anchorage, ak 99503 david reaves, jr. 3333 denali street, suite 200 anchorage, ak 99503 jay rhodes 317 stedman street ketchikan, ak 99901 lael fullford 303 e van horn road fairbanks, ak 99701 lee thibert p.o. Box 196300 anchorage, ak 99519 tim brannan 2000 airport way fairbanks, ak 99701 jesse young 813 w. 12th street juneau, ak 99801 peter crosson 701 e. Tudor road, suite 135 anchorage, ak 99503

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared and reviewed at the detail level by the controller and accounting staff,and reviewed by trustees prior to filing. Key sections are reviewed by cliftonlarsonallen at the high level. The form is signed by two trustees of the plan.

Form 990, Page 6, Part VI, Line 12C

There is no specific conflict of interest policy; however, the articles of incorporation require trustees to disclose any conflicts.

Form 990, Page 6, Part VI, Line 15A

Compensation review is performed by trustees(members of the administrative committee). The alaska consumer price index is used to determine comparability. Contemporaneous substantiation takes the form of a memo from the administrative committee. The positions for which the described process applies are the administrator and the real estate manager. The process was last performed for both of these positions in 2018.

Form 990, Page 6, Part VI, Line 15B

Compensation review is performed by trustees(members of the administrative committee). The alaska consumer price index is used to determine comparability. Contemporaneous substantiation takes the form of a memo from the administrative committee. The position for which the described process applies is the real estate investment officermanager. The process was last performed for both of these positions in 2018.

Form 990, Page 6, Part VI, Line 19

The annual funding notice to participants is the pension summary report, which includes investments held by the real estate title holding corp. Included in this report is notification that participants may obtain a full annual report, including form 5500 and audited financial statements, upon request.

Filing and Contact Details

Filer

Filer Name
Alaska Electrical Pension Fund
EIN
92-0162126
Phone
9072761246
Address
701 E TUDOR SUITE 200, ANCHORAGE, AK 99503

Signing Officer

Name
Larry Bell
Title
Trustee
Phone
9072761246
Signed
2019-11-05

Organization Details

Principal Officer
Larry Bell
Formed
1998
Legal Domicile
Ak
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Alaska Electrical Trust Fund
Address
701 E TUDOR RD STE 200, ANCHORAGE, AK 99503
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Owner distributions -3,203,536

Financial Statement Notes

Schedule D, Page 3, Part X

U.s. Generally accpted accounting principles require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The plan administrator has analyzed the tax positions taken by the plan and has concluded that as of december 31, 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress. The plan administrator believes it is no longer subject to income tax examinations for the years prior to 2015.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt095953000
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-3203536
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015308
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015308
IRS990/OtherOrganizationDsc0TITLEHOLDING
IRS990/OtherRevenueMiscGrp/Desc0COLLECTED RENTAL AFTER SALE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05452
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05452
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IRS990/OtherSalariesAndWagesGrp/TotalAmt058998
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IRS990/PayrollTaxesGrp/ProgramServicesAmt013973
IRS990/PayrollTaxesGrp/TotalAmt013973
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014312
IRS990/PensionPlanContributionsGrp/TotalAmt014312
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0222211
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt075115
IRS990/PrincipalOfficerNm0LARRY BELL
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0634730
IRS990/PYOtherExpensesAmt036833
IRS990/PYOtherRevenueAmt01622499
IRS990/PYRevenuesLessExpensesAmt01945636
IRS990/PYSalariesCompEmpBnftPaidAmt0274760
IRS990/PYTotalExpensesAmt0311593
IRS990/PYTotalRevenueAmt02257229
IRS990/ReconcilationRevenueExpnssAmt02741096
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IRS990/RelatedEntityInd0true
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IRS990/RentalIncomeOrLossGrp/RealAmt03085198
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1851007
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04149770
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01602925
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02328992
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt095953000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05823448
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0101776448
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GENERALLY ACCPTED ACCOUNTING PRINCIPLES REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt095953000
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/FirstClassOrCharterTravelInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158371
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount012287
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt03145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt111244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0GREGORY STOKES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt040538
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt197698
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0133167
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt034086
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt159907
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018786
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt04809
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt113416
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0248
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt063
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt11883
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PETER CROSSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0REAL ESTATE MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ADMINISTRATOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0322859
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt082641
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1184148
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PER THE TRUSTEE REIMBURSEMENT POLICY, FIRST CLASS TRAVEL IS ALLOWED IF TRAVELING OUT OF STATE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 1A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KNUTE ANDERSON IBEW EXECUTIVE BOARD MEMBER TRUSTEE BUSINESS RELATIONSHIP DAVID REAVES, JR. IBEW EXECUTIVE BOARD MEMBER TRUSTEE BUSINESS RELATIONSHIP JESSE YOUNG IBEW EXECUTIVE BOARD MEMBER TRUSTEE BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KNUTE ANDERSON P.O. BOX 55422 NORTH POLE, AK 99705 LARRY BELL 712 WEST 36TH AVENUE ANCHORAGE, AK 99503 SCOTT BRINGMANN P.O. BOX 91499 ANCHORAGE, AK 99509 LAURIE BUTCHER 600 TELEPHONE AVE. MS 8 ANCHORAGE, AK 99503 RODNEY HESSON 813 W. 12TH STREET JUNEAU, AK 99801 JASON HODGES 7941 SANDLEWOOD PLACE ANCHORAGE, AK 99507 MARCIE OBREMSKI 3333 DENALI STREET, SUITE 200 ANCHORAGE, AK 99503 DAVID REAVES, JR. 3333 DENALI STREET, SUITE 200 ANCHORAGE, AK 99503 JAY RHODES 317 STEDMAN STREET KETCHIKAN, AK 99901 LAEL FULLFORD 303 E VAN HORN ROAD FAIRBANKS, AK 99701 LEE THIBERT P.O. BOX 196300 ANCHORAGE, AK 99519 TIM BRANNAN 2000 AIRPORT WAY FAIRBANKS, AK 99701 JESSE YOUNG 813 W. 12TH STREET JUNEAU, AK 99801 PETER CROSSON 701 E. TUDOR ROAD, SUITE 135 ANCHORAGE, AK 99503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED AND REVIEWED AT THE DETAIL LEVEL BY THE CONTROLLER AND ACCOUNTING STAFF,AND REVIEWED BY TRUSTEES PRIOR TO FILING. KEY SECTIONS ARE REVIEWED BY CLIFTONLARSONALLEN AT THE HIGH LEVEL. THE FORM IS SIGNED BY TWO TRUSTEES OF THE PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS NO SPECIFIC CONFLICT OF INTEREST POLICY; HOWEVER, THE ARTICLES OF INCORPORATION REQUIRE TRUSTEES TO DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION REVIEW IS PERFORMED BY TRUSTEES(MEMBERS OF THE ADMINISTRATIVE COMMITTEE). THE ALASKA CONSUMER PRICE INDEX IS USED TO DETERMINE COMPARABILITY. CONTEMPORANEOUS SUBSTANTIATION TAKES THE FORM OF A MEMO FROM THE ADMINISTRATIVE COMMITTEE. THE POSITIONS FOR WHICH THE DESCRIBED PROCESS APPLIES ARE THE ADMINISTRATOR AND THE REAL ESTATE MANAGER. THE PROCESS WAS LAST PERFORMED FOR BOTH OF THESE POSITIONS IN 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION REVIEW IS PERFORMED BY TRUSTEES(MEMBERS OF THE ADMINISTRATIVE COMMITTEE). THE ALASKA CONSUMER PRICE INDEX IS USED TO DETERMINE COMPARABILITY. CONTEMPORANEOUS SUBSTANTIATION TAKES THE FORM OF A MEMO FROM THE ADMINISTRATIVE COMMITTEE. THE POSITION FOR WHICH THE DESCRIBED PROCESS APPLIES IS THE REAL ESTATE INVESTMENT OFFICERMANAGER. THE PROCESS WAS LAST PERFORMED FOR BOTH OF THESE POSITIONS IN 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ANNUAL FUNDING NOTICE TO PARTICIPANTS IS THE PENSION SUMMARY REPORT, WHICH INCLUDES INVESTMENTS HELD BY THE REAL ESTATE TITLE HOLDING CORP. INCLUDED IN THIS REPORT IS NOTIFICATION THAT PARTICIPANTS MAY OBTAIN A FULL ANNUAL REPORT, INCLUDING FORM 5500 AND AUDITED FINANCIAL STATEMENTS, UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OWNER DISTRIBUTIONS -3,203,536
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AK ELECTRICAL PENSION PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1AK ELECTRICAL MONEY PURCHASE PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0926005171
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1926005171
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1401A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PENSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PENSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0701 E TUDOR SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1701 E TUDOR SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ANCHORAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1ANCHORAGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1AK
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0326041
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt126463
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt23662239
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3106200
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0SALARY EXP. REIMBURSEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1TRAVEL EXP. REIMBURSEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2DISTRIBUTIONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3CONTRIBUTIONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALASKA ELECTRICAL PENSION PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ALASKA ELECTRICAL PENSION PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2ALASKA ELECTRICAL PENSION PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3ALASKA ELECTRICAL PENSION PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2R
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$62.9$0.72$62.2$2.32$0.42$1.90
2023Detailed filing. Detailed filing data is available for this year.$67.0$0.71$66.3$2.77$0.41$2.36
2022Detailed filing. Detailed filing data is available for this year.$78.2$0.83$77.3$2.93$0.39$2.54
2021Detailed filing. Detailed filing data is available for this year.$88.0$0.87$87.1$6.29$0.36$5.93
2020Detailed filing. Detailed filing data is available for this year.$101$0.90$99.7$3.70$0.34$3.36
2019Detailed filing. Detailed filing data is available for this year.$105$0.94$104$2.76$0.36$2.40
2018Detailed filing. Detailed filing data is available for this year.$98.8$0.99$97.8$3.09$0.35$2.74
2017Detailed filing. Detailed filing data is available for this year.$94.8$1.16$93.6$2.26$0.31$1.95
2016Detailed filing. Detailed filing data is available for this year.$96.6$1.09$95.5$8.10$0.31$7.79
2015Detailed filing. Detailed filing data is available for this year.$70.9$0.82$70.1$4.19$0.29$3.90
2014Detailed filing. Detailed filing data is available for this year.$67.8$0.79$67.0$4.19$0.25$3.93
2013Summary only. Only limited summary data is available for this year.$66.8$2.98$63.9$1.90$0.20$1.70
2012Summary only. Only limited summary data is available for this year.$63.2$2.49$60.7$3.72$0.16$3.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.6$0.15$51.5$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.4$0.21$57.2$0.16