Rural Alaska Community Action Program INC EIN 92-0033876

Rural Alaska Community Action Program INC

EIN  92-0033876 Public charity (501(c)(3)) Anchorage, AK Founded 1965
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/6/26 · see original filing: IRS
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Size
$10–100M
What they do
Empowers low-income Alaskans by providing early childhood education, housing and weatherization services, substance abuse prevention, and community development programs across rural communities.
Leadership
L Tiel Smith · Chief Executive Officer · $213K
Money in and out
$38.8M revenue, $38.7M expenses
Bottom line
96% program efficiency

Empowers low-income Alaskans by providing early childhood education, housing and weatherization services, substance abuse prevention, and community development programs across rural communities. For fiscal year 2024 it reported $38.8M in revenue, $38.7M in expenses, and $36.9M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$38.8M
Pt VIII · Ln 12
Total expenses
$38.7M
Pt IX · Ln 25
Net assets
$36.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
7.5mo
months of highly liquid reserves at operating expense rate▼ -26% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▲ +102% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$38.8M
FY2024▲ +24%
Expenses
$38.7M
FY2024▲ +21%
Total assets
$49.8M
FY2024▼ -5%
Total liabilities
$12.9M
FY2024▼ -18%
Total revenue
$38.8M
Pt VIII · Ln 12
Total expenses
$38.7M
Pt IX · Ln 25
Net assets
$36.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$49.8M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424
Mission & Programs · Part III

Where the work happens

3 program services account for $25.5M of program spending, described in the organization's own filed words · FY2023.
01

The child development division provides early childhood and family support services to prenatal women, children and families in communities across alaska, serving 598 children and their families. The programs offered include head start, early head start, parents as teachers, and the child development center in anchorage.

$12.9Mprogram expense
02

Rural cap is 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…

$7.1Mprogram expense
03

Community development team programs served individuals from more than 98 communities in FY24 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.

$5.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRural Alaska Community Action Program INC
EINHdr · item D92-0033876
Principal addressHdr · item CAnchorage, AK
WebsiteHdr · item Jwww.ruralcap.com
Year of formationHdr · item L1965
State of legal domicileHdr · item MAK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S200)
Ruling yearIRS BMFJun 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chief Executive Officer
$212,688Pt VII · Sec A
Chief Development Officer
$158,468Pt VII · Sec A
Director of Rural Housing
$137,410Pt VII · Sec A
Chief Financial Officer
$131,969Pt VII · Sec A
Communications Development Director
$124,682Pt VII · Sec A
Chief Program Officer
$124,676Pt VII · Sec A
Director of Rural Housing
$118,538Pt VII · Sec A
Field Supervisor
$110,256Pt VII · Sec A

L Tiel Smith’s $213K as Chief Executive Officer is at the 36th percentile of top reported officer pay among 572 $10–100M community development 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Patrick Anderson Thru 91421$270,510
Patrick Anderson$208,296$264,818
L Tiel Smith$212,688$230,125$175,140$154,736$151,457
Jasmine Boyle$158,468$149,175
Barbara Bell$149,256$148,429$146,681$144,003
Sarah Sandbak$142,871$137,518$59,578
Catherine Clements$124,682$140,544$108,588$126,487
Robert Marquez$137,410

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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Statement of Revenue

Part VIII
Contributions & grants$34.4M · 89%
Program service revenue$2.3M · 6%
Investment income$2.0M · 5%
Contributions & grants89%$34.4M
Program service revenue6%$2.3M
Investment income5%$2.0M
— government grantsLn 1e$33.8M
Total revenueLn 12$38.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$37.2M
Management & general4%$1.6M
Total functional expensesLn 25$38.7M

Balance Sheet

Part X · end of year
CashLn 1$3.6M
Total assetsLn 16$49.8M
Total liabilitiesLn 26$12.9M
Total net assetsLn 32$36.9M
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $24.2M · Operating expenses (Pt IX) $38.7M · Less non-cash grants $25K · Cash operating expenses/yr $38.7M
7.5 months
Where the money goes
Program services
Program services $37.2M · Total expenses $38.7M
96%
Management & General
Management & general $1.6M · Total expenses $38.7M
4%
Fundraising
Fundraising $0 · Total expenses $38.7M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $354K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $34.4M · Total revenue $38.8M
89%
Government reliance
Government grants $33.8M · Total revenue $38.8M
87%
Earned-income share
Program service revenue $2.3M · Total revenue $38.8M
6%
Investment reliance
Investment income $2.0M · Total revenue $38.8M
+5%
Program self-sufficiency
Program service revenue $2.3M · Total expenses $38.7M
6%
Growth & trend
Revenue growth (YoY)
This year $38.8M · Prior year $31.3M
+24%
Revenue CAGR
FY2019 $25.7M · FY2023 $38.8M
+11%
Net-asset trend (YoY)
End of year $36.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $38.8M · Expenses $38.7M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $49.8M
Net-asset ratio
Net assets $36.9M · Total assets $49.8M
74%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $20.6M · Total assets (Pt X, ln 16) $49.8M
41%
People & payroll
Highest Reported Total Compensation
Individual L Tiel Smith · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $213K · Total expenses $38.7M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $22.4M · Total expenses $38.7M
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth 24%
Legal fee ratio 0%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$570K
See all 4 funders →
Grants paid · 56 grants · $3.5M · 2020–2023
Sitka Sound Science Center INCAK · FY2023$159,032
Council of Athabascan Tribal GovernmentsFY2023$150,000
Organized Village of SaxmanFY2023$132,720
Hillcrest Childrens CenterAK · FY2023$130,007
Annette Island School DistrictFY2023$125,708
Island Grad ProjectFY2023$100,000
Early Learning CoalitionAK · FY2023$94,761
Village of SolomonFY2023$93,000
Clarks Point Village Council-Village of Clarks PointFY2023$88,356
The Bread Line INCAK · FY2023$87,895
Covenant House AlaskaAK · FY2023$86,334
See all 56 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$38.8M revenue · viewing · ⤓ 990 PDF
FY2023$31.3M revenue · ⤓ 990 PDF
FY2022$28.8M revenue · ⤓ 990 PDF
FY2021$27.9M revenue · ⤓ 990 PDF
FY2020$25.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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