Anchorage Park Foundation: FY2024 Nonprofit Profile & Form 990 (EIN 41-2205907)

Elizabeth Nordlund’s $119K as Executive Di is at the 44th percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

Name	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Elizabeth Nordlund	$119,311	$111,359	$109,178	$99,988	—	—
Beth Nordlund	—	—	—	—	$92,526	$86,839
Michelle Lebeau	—	—	—	$90,073	—	—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Mobilizes support and funds to build healthy parks and people.

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3 programs · $1.5M · in their own filed words · FY2024

01

Fiscal Sponsorship

Anchorage park foundation receives funds and administers grants in support of other organizations for fundraising and community projects within the tax-exempt purposes of the foundation.

$601Kprogram expense

02

Trails Initiative

The anchorage trails initiative is a community coalition that empowers citizens to speak up for walkable, bikeable transportation strategies and investments to increase connectivity, improve health and attract and retain top talent and investment to anchorage.

$483Kprogram expense

03

Community Challenge Grants

Anchorage park foundation's community challenge grant program supports community-led municipal park and trail improvement projects that benefit the public. This program has two overarching goals: (1) improve anchorage parks, trails and facilities (2) support individuals, neighborhoods, organizations and businesses that value volunteerism…

$426Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Rasmuson FoundationFY2024$286K

Vanguard Charitable Endowment ProgramFY2024$44K

National Fish and Wildlife FoundationFY2024$29K

National Park FoundationFY2024$20K

The Carr Foundation INCFY2024$15K

Rails to Trails ConservancyFY2024$15K

The Alaska Community FoundationFY2024$11K

M E Webber FoundationFY2024$10K

Total grants receivedfrom 15 funders$462K

See all 15 funders →

Grants paid · 27 grants · $479K · 2022–2025

Anchorage Soil and Water ConservatiAK · FY2025$39,715

Alaska Literacy Program INCAK · FY2025$31,855

Federation of Community Councils INCAK · FY2025$27,929

Unitemized GrantFY2025$22,813

Anchorage Downtown Partnership CommAK · FY2025$20,309

Bike AnchorageAK · FY2025$7,818

Anchorage Community Mental Health Services INCAK · FY2024$25,000

CanwinAK · FY2024$25,000

Anchorage Museum AssociationAK · FY2024$23,500

Alaska TrailsAK · FY2024$23,000

Nordic Skiing Association of AnchorageAK · FY2024$16,988

Chugach Mountain Bike RidersAK · FY2024$10,000

Cook Inlet Housing AuthorityFY2024$8,800

Unitemized GrantFY2023$14,870

Individual RecipientFY2023$13,135

Anchorage West Little LeagueFY2023$10,000

Fairview Community CouncilPA · FY2023$7,220

Rilke Schule INCAK · FY2023$6,310

See all 27 grants →

By the numbers

The FY2024 990, line by line.

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1The main four

Money inPt VIII

$2.2M

Ln 12

Gifts and grantsLn 1h$2.1M

Investment incomeLn 3$40K

Other incomeLn 4–11$34K

Money outPt IX

$2.3M

Ln 25

Programscol B$2.0M

Managementcol C$124K

Fundraisingcol D$142K

Owns and owesPt X

$2.4M

net assets · Ln 32

Cash and savingsLn 1–2$1.6M

Total assetsLn 16$2.5M

LiabilitiesLn 26$94K

PeoplePt VI, VII

12

listed · VII A

PaidVII A1

Voting boardVI 1a8

IndependentVI 1b8

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2.1M

Government grantsLn 1e$1.3M

Noncash giftsLn 1g$10K

Fundraising eventsLn 1c$36K

Investment incomeLn 3$40K

Other incomeLn 4–11$34K

Total revenueLn 12$2.2M

Assets in detailPt X, end of year

CashLn 1$1.6M

Cash and savings togetherLn 1–2$1.6M

InvestmentsLn 11–13$422K

Land, buildings, equipmentLn 10c$5K

Other assetsLn 15$23K

Total assetsLn 16$2.5M

LiabilitiesLn 26$94K

Net assetsLn 32$2.4M

OperationsPt I, VI

EmployeesI 58

VolunteersI 626

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$1.3M	$1.6M
InvestmentsLn 11–13	$335K	$422K
Land, buildings, equipmentLn 10c		$5K
Total assetsLn 16	$2.6M	$2.5M
LiabilitiesLn 26	$236K	$94K
Net assetsLn 32	$2.4M	$2.4M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$149K	$149K
Pay of current officers, directors and key staffLn 5	$110K	$42K	$47K	$21K
Other salaries and wagesLn 7	$448K	$309K	$70K	$69K
Pension plan contributionsLn 8	$13K	$8K	$2K	$3K
Other employee benefitsLn 9	$42K	$24K	$13K	$5K
Payroll taxesLn 10	$46K	$29K	$9K	$8K
Accounting feesLn 11c	$39K		$39K
Other fees for servicesLn 11g	$596K	$591K	$5K
Advertising and promotionLn 12	$7K	$5K	$976	$950
Office expensesLn 13	$50K	$19K	$16K	$15K
Information technologyLn 14	$17K	$90	$16K	$2K
OccupancyLn 16	$56K	$35K	$12K	$9K
TravelLn 17	$22K	$14K	$949	$7K
Conferences, conventions and meetingsLn 19	$463		$463
Depreciation, depletion and amortizationLn 22	$719	$719
InsuranceLn 23	$5K	$3K	$1K	$806
Other expenses (24a–d)Ln 24	$668K	$663K	$2K	$2K
Total functional expensesLn 25	$2.3M	$2.0M	$124K	$142K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$2.7M	$2.0M	$656K	$3.1M	990 PDF
FY2024 Viewing	$2.2M	$2.3M	−$57K	$2.4M	990 PDF
FY2023	$2.6M	$2.0M	$658K	$2.4M	990 PDF
FY2022	$1.9M	$1.7M	$201K	$1.7M	990 PDF
FY2021	$1.8M	$1.8M	−$15K	$1.6M	990 PDF
FY2020	$1.8M	$1.5M	$308K	$1.6M	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $2,212,819 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $2,604,168$2,138,519

I-9 Program service revenue$0

I-10 Investment incomePrior year $3,165$40,049

I-11 Other revenuePrior year $28,868$34,251

I-12 Total revenuePrior year $2,636,201$2,212,819

I-13 Grants and similar amounts paidPrior year $62,387$149,365

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $505,168$659,818

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $1,410,753$1,460,264

I-18 Total expensesPrior year $1,978,308$2,269,447

I-19 Revenue less expensesPrior year $657,893−$56,628

Part VI · Governance 8 of 8 board members independent, no flags

VI-1a Voting members of the governing body8

VI-1b Independent voting members8

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $2,212,819 across 9 lines filed

Lines not itemized here account for $30,406 of total revenue; see the IRS return.

VIII-1c Fundraising events$36,447

VIII-1e Government grants$1,261,856

VIII-1f All other contributions, gifts and grants$840,216

VIII-1g Noncash contributions (included above)$9,858

VIII-1h Total contributions, gifts and grants$2,138,519

VIII-3 Investment incomeExcluded from tax $40,049$40,049

VIII-8 Net income from fundraising eventsExcluded from tax $3,036$3,036

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $809$809

VIII-12 Total revenueRelated to mission $809 · Unrelated business $30,406 · Excluded from tax $43,085$2,212,819

Part IX · Statement of functional expenses $2,269,447 across 17 lines filed

IX-1 Grants to domestic organizationsPrograms $149,365$149,365

IX-5 Pay of current officers, directors and key staffPrograms $42,344 · Management $46,904 · Fundraising $20,622$109,870

IX-7 Other salaries and wagesPrograms $309,166 · Management $70,402 · Fundraising $68,630$448,198

IX-8 Pension plan contributionsPrograms $7,885 · Management $2,397 · Fundraising $2,570$12,852

IX-9 Other employee benefitsPrograms $23,893 · Management $13,209 · Fundraising $5,392$42,494

IX-10 Payroll taxesPrograms $29,437 · Management $9,390 · Fundraising $7,577$46,404

IX-11c Accounting feesManagement $38,852$38,852

IX-11g Other fees for servicesPrograms $591,120 · Management $4,846$595,966

IX-12 Advertising and promotionPrograms $4,881 · Management $976 · Fundraising $950$6,807

IX-13 Office expensesPrograms $18,662 · Management $15,727 · Fundraising $15,453$49,842

IX-14 Information technologyPrograms $90 · Management $15,740 · Fundraising $1,584$17,414

IX-16 OccupancyPrograms $35,114 · Management $11,718 · Fundraising $8,914$55,746

IX-17 TravelPrograms $14,016 · Management $949 · Fundraising $6,946$21,911

IX-19 Conferences, conventions and meetingsManagement $463$463

IX-22 Depreciation, depletion and amortizationPrograms $719$719

IX-23 InsurancePrograms $3,175 · Management $1,060 · Fundraising $806$5,041

IX-24 Other expenses (24a–d)Programs $662,943 · Management $2,060 · Fundraising $2,500$667,503

IX-25 Total functional expensesPrograms $2,003,255 · Management $124,248 · Fundraising $141,944$2,269,447

Part X · Balance sheet $2,455,411 assets, 15 lines filed

X-1 Cash, non-interest-bearingStart of year $1,317,823$1,610,320

X-3 Pledges and grants receivableStart of year $408,313$308,119

X-4 Accounts receivableStart of year $599$66,958

X-9 Prepaid expenses and deferred chargesStart of year $5,100$20,267

X-10c Land, buildings and equipment, net$4,676

X-12 Other securitiesStart of year $335,164$421,616

X-15 Other assetsStart of year $47,725$23,455

X-16 Total assetsStart of year $2,617,889$2,455,411

X-17 Accounts payable and accrued expensesStart of year $78,479$62,049

X-25 Other liabilitiesStart of year $48,913$32,450

X-26 Total liabilitiesStart of year $235,951$94,499

X-27 Net assets without donor restrictionsStart of year $799,797$1,196,607

X-28 Net assets with donor restrictionsStart of year $1,582,141$1,164,305

X-32 Total net assets or fund balancesStart of year $2,381,938$2,360,912

X-33 Total liabilities and net assetsStart of year $2,617,889$2,455,411

Part XI · Reconciliation of net assets $2,360,912 net assets at year end

XI-1 Total revenue$2,212,819

XI-2 Total expenses$2,269,447

XI-3 Revenue less expenses−$56,628

XI-4 Net assets at start of year$2,381,938

XI-9 Other changes in net assets$35,602

XI-10 Net assets at end of year$2,360,912

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Anchorage Park Foundation FY2024 filing

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