2024-08-15T18:13:36-05:00 2023-09-30 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2022-10-01 920033876 RURAL ALASKA COMMUNITY ACTION PROGRAM RURA 9072792511 731 E 8TH AVENUE ANCHORAGE AK 99501 L TIEL SMITH CHIEF EXECUTIVE OFFICER 9072792511 2024-08-15 1 1 WENDY CAMPOS P00448102 5032421447 2024-08-15 2022 2024-08-08 14:25:15Z L TIEL SMITH 731 E 8TH AVENUE ANCHORAGE AK 99501 31472844 0 X WWW.RURALCAP.COM X 1965 AK PROVIDE RESOURCES TO LOW-INCOME ALASKANS, COMPREHENSIVE EARLY CHILDHOOD SERVICES, SERVICES FOR HOMELESS PERSONS IN EXTREME POVERTY, WEATHERIZATION & PLANNING SERVICES. 23 23 525 2000 0 0 25448172 27516650 2578596 2805060 735470 941005 0 0 28762238 31262715 0 0 0 0 18285020 19473101 0 0 0 10863237 12641433 29148257 32114534 -386019 -851819 43747324 52360295 10794230 15836659 32953094 36523636 X TO EMPOWER LOW-INCOME ALASKANS THROUGH ADVOCACY, EDUCATION, AFFORDABLE HOUSING AND DIRECT SERVICES THAT RESPECT OUR UNIQUE VALUES AND CULTURES. 0 0 12046292 298364 THE CHILD DEVELOPMENT DIVISION PROVIDES EARLY CHILDHOOD AND FAMILY SUPPORT SERVICES TO PRENATAL WOMEN, CHILDREN AND FAMILIES IN COMMUNITIES ACROSS ALASKA, SERVING 643 CHILDREN AND THEIR FAMILIES. THE PROGRAMS OFFERED INCLUDE HEAD START, EARLY HEAD START, PARENTS AS TEACHERS, AND THE CHILD DEVELOPMENT CENTER IN ANCHORAGE. CHILD DEVELOPMENT PROGRAMS OPERATE UNDER STRICT FEDERAL AND STATE REGULATIONS, WHICH REQUIRE A WELL-TRAINED STAFF AND CONTINUOUS MONITORING AND PROGRAM IMPROVEMENT. PROGRAMS ARE DESIGNED TO FACILITATE PARENT INVOLVEMENT AND COMMUNITY COLLABORATION SURROUNDING THE BASIC BELIEF THAT PARENTS ARE THE CHILD'S FIRST AND BEST TEACHER. CHILDREN RECEIVE SERVICES THAT PROMOTE POSITIVE SOCIO-EMOTIONAL DEVELOPMENT, HEALTHY PRACTICES, CULTURAL RICHNESS AND SCHOOL READINESS. 5805636 1943972 RURAL CAP IS AN ACCREDITED BEHAVIORAL HEALTH PROVIDER WITH A SUPPORTIVE HOUSING DIVISION OPERATING AFFORDABLE HOUSING UNITS FOR LOW-INCOME INDIVIDUALS IN ANCHORAGE AND PROVIDES ONE CLINICAL PROGRAMS ACROSS FOUR LOCATIONS, OFFERING BEHAVIORAL HEALTH SERVICES, FOLLOWING THE INTENSIVE CASE MANAGEMENT MODEL, TO INDIVIDUALS IN HOUSING WHO HAVE SUDBSTANCE USE OR CO-OCCURRING DISORDERS AND WHO HAVE EXPERIENCED CHRONIC HOMELESSNESS. THESE BEHAVIORAL HEALTH SERVICES ARE VOLUNTARY, BUT RURAL CAP MAINTAINS A HIGH ENROLLMENT RATE. RURAL CAP TAKES A HOLISTIC APPROACH TO THE INDIVIDUAL, RECOGNIZING THE OVERALL SPECTRUM OF NEEDS AND TREATING THEM CONCURRENTLY. ALL PROGRAMS PROVIDE AN INTEGRATED, COMPREHENSIVE APPROACH TO TREATMENT, RECOVERY SUPPORT SERVICES, AND PERMANENT HOUSING PLACEMENT. 5264210 222397 COMMUNITY DEVELOPMENT TEAM PROGRAMS SERVED INDIVIDUALS FROM MORE THAN 98 COMMUNITIES IN FY23 THROUGH A VARIETY OF CAPACITY BUILDING AND WELLNESS ACTIVITIES. THESE INCLUDE AMERICORPS, VISTA AND ELDER MENTOR PROGRAMS, IN ADDITION TO SEVERAL TRAINING AND TECHNICAL ASSISTANCE INITIATIVES. TOPIC AREAS INCLUDE SUBSTANCE USE PREVENTION, TOBACCO PREVENTION, YOUTH ENGAGEMENT, LEADERSHIP AND BEST PRACTICES FOR WORKING WITH TRIBAL YOUTH, NUTRITION EDUCATION AND HYDROPONIC GARDENING, TRIBAL JUSTICE AND TRIBAL COURT DEVELOPMENT, AND STATE AND FEDERAL GRANT MANAGEMENT. IN PARTNERSHIP WITH THE NATIVE VILLAGE OF HOOPER BAY, COMMUNITY DEVELOPMENT ALSO SUPPORTS A DOMESTIC VIOLENCE SHELTER IN HOOPER BAY. 4617826 340327 NINE SELF-HELP HOMEBUYERS ARE IN THE PROCESS OF CONSTRUCTING THEIR HOMES IN SOLDOTNA. CONSTRUCTION IS ESTIMATED TO BE COMPLETED ON THE HOMES IN AUGUST 2024. RURAL CAP ASSISTED 109 VERY-LOW AND LOW INCOME FAMILIES IN OBTAINING CERTIFICATES OF ELIGIBILITY TO PURCHASE A HOME THROUGH USDA RURAL DEVELOPMENT'S 502 PACKAGED LOAN PROGRAM. 63 VERY-LOW AND LOW INCOME FAMILIES HAVE SUCCESSFULLY CLOSED ON THEIR LOANS AND MOVED INTO THEIR HOMES SINCE JANUARY 2022. RURAL CAP'S CONSTRUCTION TEAM PROVIDE WEATHERIZATION SERVICES TO INCLUDE ENERGY EFFICIENCY UPGRADES, INDOOR AIR QUALITY UPGRADES AND HEALTH AND SAFETY MEASURES FOR 79 HOMES IN THE NORTHWEST ARCTIC, BERING STRAITS, CALISTA, KUSILVAK, ANCHORAGE AND SOUTHEAST ALASKA REGIONS. OF THE 79 HOMES TO RECEIVE WEATHERIZATION SERVICES, 58 HOMES WERE OCCUPIED BY SENIORS AND ADDITIONAL 16 HOMES RECEIVED ACCESSIBILITY IMPROVEMENT FOR CLIENTS WITH DISABILITIES AND ADDITIONAL 12 HOMES RECEIVED MOBILE HOME REPAIR. 4617826 340327 27733964 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 83 0 1 525 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 X SELENA BAILEY 9078657369 731 E 8TH AVENUE ANCHORAGE AK 99501 L TIEL SMITH CHIEF EXECUTIVE OFFICER 40.00 X 230125 0 0 BARBARA BELL CHIEF PEOPLE & CULTURE THRU 02/18/23 40.00 X 149256 0 27674 JASMINE BOYLE CHIEF DEVELOPMENT OFFICER 40.00 X 149175 0 0 ELIZABETH MILLIKEN CHIEF PROGRAM OFFICER 40.00 X 104206 0 24024 MARGURITE HIXSON CONTROLLER 40.00 X 106473 0 15326 JOE WILLIAMS PRESIDENT 1.00 X X 0 0 0 WALTER SAMPSON VICE PRESIDENT 1.00 X X 0 0 0 BARB GRAY SECRETARY 1.00 X X 0 0 0 MARVIN ADAMS TREASURER 1.00 X X 0 0 0 ALVIN EDENSHAW MEMBER 1.00 X 0 0 0 AMANDA MCFARLAND MEMBER 1.00 X 0 0 0 ASHLEY HICKS MEMBER 1.00 X 0 0 0 ERIC OLSON MEMBER 1.00 X 0 0 0 ETTA KUZAKIN MEMBER 1.00 X 0 0 0 JACKIE PATA MEMBER 1.00 X 0 0 0 KIM KOVOL MEMBER 1.00 X 0 0 0 LIEF ALBERTSON MEMBER 1.00 X 0 0 0 MARK HOOVER MEMBER 1.00 X 0 0 0 MARTIN ANDREW MEMBER 1.00 X 0 0 0 MYRON NANENG MEMBER 1.00 X 0 0 0 NANCY NELSON MEMBER 1.00 X 0 0 0 NIKOLE NELSON MEMBER 1.00 X 0 0 0 NILS ANDREASSEN MEMBER 1.00 X 0 0 0 PAUL JOHNSON MEMBER 1.00 X 0 0 0 PAULLETTE MORENO MEMBER 1.00 X 0 0 0 PERCY BALLOT MEMBER 1.00 X 0 0 0 TED ANGASAN MEMBER 1.00 X 0 0 0 TONILEE JACKSON-GOODLATAW MEMBER 1.00 X 0 0 0 DELBERT KADAKE MEMBER THRU 12/14/22 1.00 X 0 0 0 ROBERT HOFFMAN MEMBER THRU 12/14/22 1.00 X 0 0 0 NANCY JAMES MEMBER THRU 12/01/22 1.00 X 0 0 0 739235 0 67024 10 0 1 0 DISCOUNT MECHANICAL HEATING LLC PO BOX 233694 ANCHORAGE AK 99523 HEATING & PLUMBING CONTRACTOR 422715 DBS ENTERPRISES LLC 23324 GREATLAND DR CHUGIAK AK 99567 GENERAL CONTRACTOR 381246 NORTHERN SERVICES 4300 ARCTIC BLVD SUITE 44 ANCHORAGE AK 99503 GENERAL CONTRACTOR 296727 TRIPLE CONTRACTING PO BOX 521307 BIG LAKE AK 99652 GENERAL CONTRACTOR 284515 STEAM ON WHEELS 45240 KNIGHT DR 4 SOLDOTNA AK 99669 GROUNDS CONTRACTOR 164100 5 27323228 193422 27516650 SUPPORTIVE HOUSING 624200 1943972 1943972 PLANNING & CONSTRUCTION 230000 340327 340327 CHILD DEVELOPMENT 611710 298364 298364 COMMUNITY DEVELOPMENT 624100 222397 222397 2805060 976160 976160 174974 210129 -35155 -35155 -35155 31262715 2805060 0 941005 642395 642395 14049131 11622960 2426171 655202 546085 109117 4126373 3439182 687191 13965 13965 221166 221166 2607645 2599654 7991 555814 385857 169957 2239558 2497393 -257835 1170654 1144927 25727 49693 49693 129747 66464 63283 498890 373406 125484 265009 210218 54791 EQUIPMENT MAINTENANCE A 676155 422753 253402 PROGRAM SUPPLIES 615435 597984 17451 COMMUNICATION 356344 793289 -436945 BAD DEBT EXPENSE 67244 67015 229 3174114 2966777 207337 32114534 27733964 4380570 0 935608 6821695 3820033 4380645 1659166 1520885 288807 982496 15817986 7173591 9318261 8644395 18626094 20404380 9099355 9605799 43747324 52360295 2770909 3094245 4103162 7967596 2816791 2512189 1103368 2262629 10794230 15836659 X 32589277 33679970 363817 2843666 32953094 36523636 43747324 52360295 X -851819 173497 4248864 X X 0 1 X 1 1 1 X 21458217 21780631 24885703 25448172 27516650 121089373 21458217 21780631 24885703 25448172 27516650 121089373 121089373 351019 584393 676739 711720 976160 3300031 124389404 14261272 0.97350 0.97860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2104507 2104507 12972539 6477265 6495274 732945 696326 36619 7995 7995 8644395 20404380 C 20404380 DEPOSITS 54832 RESTRICTED CASH 3467838 OTHER RECEIVABLES 349250 INTERCOMPANY RECEIVABLE 5465160 OPERATING LEASE RIGHT OF USE ASSETS 268719 9605799 MISCELLANEOUS LIABILITIES 1330207 OVER RECOVERY OF FRINGE BENEFITS 660737 OPERATING LEASE LIABILITIES 271685 2262629 X PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN ADMINISTRATIVE SERVICES. THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT SEPTEMBER 30, 2023 AND 2022. X 0 0 0 0 0 0 0 0 0 L TIEL SMITH CHIEF EXECUTIVE OFFICER 230125 0 0 0 0 0 0 0 0 0 230125 0 0 0 BARBARA BELL CHIEF PEOPLE & CULTURE THRU 02/18/23 149256 0 0 0 0 0 15579 0 12095 0 176930 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER (CFO) FOR ACCURACY AND THEN PRESENTED TO THE FINANCE COMMITTEE. THE FINANCE COMMITTEE REVIEWS THE COMPLETED FORM AND IS ABLE TO ASK QUESTIONS OF THE CFO/EXECUTIVE TEAM REGARDING THE INFORMATION PRESENTED. ONCE SATISFIED THE FINANCE COMMITTEE RECOMMENDS THAT THE BOARD ACCEPTS THE 990 AS PRESENTED. THE FORM IS THEN PRESENTED TO THE BOARD AND THEY HAVE AN OPPORTUNITY TO ASK QUESTIONS BEFORE VOTING TO ACCEPT THE COMPLETED FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS MEMBERS OF THE RURAL CAP BOARD OF DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS. EACH COVERED PERSON SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION RURAL CAP MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE PROCEDURE FOR ADDRESSING ANY POTENTIAL CONFLICT OF INTEREST INCLUDES: 1) AN INTERESTED PERSON MAY MAKE A PRESENTATION TO THE BOARD, AFTER WHICH THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST; 2) THE CHAIR OF THE BOARD SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION; 3) THE BOARD SHALL DETERMINE WHETHER RURAL CAP CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST; AND 4) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLE POSSIBLE THE BOARD SHALL DETERMINE BY MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN RURAL CAP'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 CEO IS PAID UNDER THE TERMS OF A CONTRACT NEGOTIATED WITH THE BOARD HIRING COMMITTEE PRIOR TO BEING HIRED. FORM 990, PART VI, SECTION C, LINE 19 WILL PROVIDE COPIES UPON REQUEST. FORM 990, PART XI, LINE 9: EXCLUSION OF REE INVESTMENT 2,578,185. DIVIDEND RECEIVED -800,000. INVESTMENT ADJUSTMENT 2,470,679. FORM 990. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990. PART VI, LINE 1A EXECUTIVE COMMITTEE HAS AUTHORITY. RC 325 THIRD LLC 325 EAST THIRD AVENUE ANCHORAGE AK 99501 475011376 INVESTMENTS AK 221410 3603372 RURAL CAP RC MULDOON ROAD LLC 731 E 8TH AVENUE ANCHORAGE AK 99501 813377379 INVESTMENTS AK 254435 0 RURAL CAP 325 E 3RD LIMITED PARTNERSHIP PO BOX 200908 ANCHORAGE AK 99501 371794173 REAL ESTATE AK RURAL CAP RELATED -16 3603372 0 1 0.00010 MULDOON GARDEN LIMITED PARTNERSHIP 731 E 8TH AVENUE ANCHORAGE AK 99501 364842982 REAL ESTATE AK RURAL CAP RELATED -32 0 1 0.00010 RURAL ENERGY ENTERPRISES 6637 ARCTIC SPUR ROAD ANCHORAGE AK 99518 920130133 RETAIL SALES AK RURAL CAP C 16244904 17379643 1.00000 1 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 RURAL ENERGY ENTERPRISES D 3000000 CASH RURAL ENERGY ENTERPRISES F 800000 CASH 325 E 3RD LIMITED PARTNERSHIP L 13447 CASH RC MULDOON ROAD LLC L 22219 CASH