Tongass Timber Tr: FY2022 Nonprofit Profile & Form 990 (EIN 92-0062073)

Revenue by fiscal year
FY2020	$5.0M
FY2021	$5.8M
FY2022	$5.4M
FY2023	$5.5M
FY2024	$5.5M

Expenses by fiscal year
FY2020	$5.0M
FY2021	$5.2M
FY2022	$4.9M
FY2023	$5.0M
FY2024	$5.3M

Net assets by fiscal year
FY2020	$5.1M
FY2021	$5.7M
FY2022	$5.9M
FY2023	$6.4M
FY2024	$6.6M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990; $36K paid to officers and key staff.

Part VII, Section A · reportable compensation

Owen Graham

Trust Administrator

$35,634Pt VII · Sec A

Keaton Gildersleeve

Chairman of the Board

$0Pt VII · Sec A

George Baggen

Trustee

$0Pt VII · Sec A

Jerry Larrabee

Trustee

$0Pt VII · Sec A

Linda Lewis

Trustee

$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

Name	FY2024	FY2023	FY2022	FY2021	FY2020
Owen Graham	$32,500	$23,428	$35,634	$19,999	$25,597

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.

See Tongass Timber Tr executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Provides welfare benefits to Alaska's timber industry members.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2022

01

The plan has served as a welfare benefit plan holding company for the timber industry of alaska.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$5.4M

Ln 12

Fees for servicesLn 2g$5.3M

Investment incomeLn 3$56K

Money outPt IX

$4.9M

Ln 25

Owns and owesPt X

$5.9M

net assets · Ln 32

Cash and savingsLn 1–2$3.4M

Total assetsLn 16$6.0M

LiabilitiesLn 26$87K

PeoplePt VI, VII

5

listed · VII A

PaidVII A1

Voting boardVI 1a4

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$5.3M

Investment incomeLn 3$56K

Gains on assetsLn 7−$3K

Total revenueLn 12$5.4M

Assets in detailPt X, end of year

CashLn 1$3.2M

SavingsLn 2$200K

Cash and savings togetherLn 1–2$3.4M

InvestmentsLn 11–13$2.5M

Other assetsLn 15$18K

Total assetsLn 16$6.0M

LiabilitiesLn 26$87K

Net assetsLn 32$5.9M

OperationsPt I, VI

EmployeesI 50

VolunteersI 64

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

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

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$2.8M	$3.4M
InvestmentsLn 11–13	$2.9M	$2.5M
Total assetsLn 16	$5.7M	$6.0M
LiabilitiesLn 26	$49K	$87K
Net assetsLn 32	$5.7M	$5.9M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Benefits paid to or for membersLn 4	$4.6M
Pay of current officers, directors and key staffLn 5	$36K
Other salaries and wagesLn 7	$7K
Payroll taxesLn 10	$16K
Management feesLn 11a	$212K
Legal feesLn 11b	$900
Accounting feesLn 11c	$31K
Investment management feesLn 11f	$25K
Office expensesLn 13	$2K
OccupancyLn 16	$1K
InsuranceLn 23	$34K
Other expenses (24a–d)Ln 24	$1K
Total functional expensesLn 25	$4.9M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$5.5M	$5.3M	$139K	$6.6M	990 PDF
FY2023	$5.5M	$5.0M	$438K	$6.4M	990 PDF
FY2022 Viewing	$5.4M	$4.9M	$461K	$5.9M	990 PDF
FY2021	$5.8M	$5.2M	$581K	$5.7M	990 PDF
FY2020	$5.0M	$5.0M	$71K	$5.1M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2022 990 (6 parts)

Part I · Summary $5,385,908 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $5,789,240$5,329,647

I-10 Investment incomePrior year $11,041$56,261

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $5,800,281$5,385,908

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $4,778,616$4,557,518

I-15 Salaries and benefitsPrior year $77,037$58,878

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $363,355$308,114

I-18 Total expensesPrior year $5,219,008$4,924,510

I-19 Revenue less expensesPrior year $581,273$461,398

Part VI · Governance 3 of 4 board members independent, 3 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members3

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

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

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $5,385,908 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,329,647$5,329,647

VIII-3 Investment incomeExcluded from tax $59,600$59,600

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,339−$3,339

VIII-12 Total revenueRelated to mission $5,329,647 · Unrelated business $0 · Excluded from tax $56,261$5,385,908

Part IX · Statement of functional expenses $4,924,510 across 12 lines filed

IX-4 Benefits paid to or for members$4,557,518

IX-5 Pay of current officers, directors and key staff$35,634

IX-7 Other salaries and wages$7,332

IX-10 Payroll taxes$15,912

IX-11a Management fees$212,167

IX-11b Legal fees$900

IX-11c Accounting fees$31,386

IX-11f Investment management fees$25,348

IX-13 Office expenses$2,030

IX-16 Occupancy$1,067

IX-23 Insurance$34,071

IX-24 Other expenses (24a–d)$1,145

IX-25 Total functional expenses$4,924,510

Part X · Balance sheet $5,988,539 assets, 14 lines filed

X-1 Cash, non-interest-bearingStart of year $2,579,172$3,216,518

X-2 Savings and temporary cash investmentsStart of year $200,000$200,000

X-4 Accounts receivableStart of year $9,318$5,278

X-9 Prepaid expenses and deferred chargesStart of year $13,785$13,018

X-11 Publicly traded securitiesStart of year $2,884,481$2,536,004

X-15 Other assetsStart of year $13,273$17,721

X-16 Total assetsStart of year $5,700,029$5,988,539

X-17 Accounts payable and accrued expensesStart of year $9,138$8,977

X-19 Deferred revenueStart of year $39,691$68,931

X-25 Other liabilitiesStart of year $0$9,391

X-26 Total liabilitiesStart of year $48,829$87,299

X-27 Net assets without donor restrictionsStart of year $5,651,200$5,901,240

X-32 Total net assets or fund balancesStart of year $5,651,200$5,901,240

X-33 Total liabilities and net assetsStart of year $5,700,029$5,988,539

Part XI · Reconciliation of net assets $5,901,240 net assets at year end

XI-1 Total revenue$5,385,908

XI-2 Total expenses$4,924,510

XI-3 Revenue less expenses$461,398

XI-4 Net assets at start of year$5,651,200

XI-5 Net unrealized gains (losses) on investments−$201,967

XI-9 Other changes in net assets−$9,391

XI-10 Net assets at end of year$5,901,240

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Tongass Timber Tr FY2022 filing

Before you give

Is it real?

Who runs it and what they're paid

Compensation history total reportable pay by year · 1 named individual · Part VII

Questions the 990 asks

Programs and updates

By the numbers

Filing history

Schedules filed Part IV