The Southeast Conference FY2024 filing

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The mission of Southeast Conference is to undertake and support activities that promote strong economies, healthy communities, and a quality environment in southeast Alaska.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
89¢ of each $1 spent went to programs.
$227K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.3M a year · 26% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
89% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$227K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
1.8 mo
of spending, in cash
Plus $6.0M in investments, Pt X · Ln 11–13
1.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $44K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$2.5M
25% of total assets
Liabilities are 25% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$6.1M
-28% vs prior year
Spent
$5.6M
To programs
89%
Net assets
$7.5M
By yearFY2020–FY2025
Revenue
$6.1M
FY2024▼ -28%
Tap a bar for its year
Revenue by fiscal year
FY2020$717K
FY2021$767K
FY2022$1.3M
FY2023$8.5M
FY2024$6.1M
FY2025$11.9M
Expenses
$5.6M
FY2024▲ +144%
Tap a bar for its year
Expenses by fiscal year
FY2020$522K
FY2021$554K
FY2022$1.1M
FY2023$2.3M
FY2024$5.6M
FY2025$11.5M
Net assets
$7.5M
FY2024▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$363K
FY2021$576K
FY2022$782K
FY2023$7.0M
FY2024$7.5M
FY2025$7.8M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1986.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $5.0M Management & general 9% · $508K Fundraising 2% · $92K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $227K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$123,739Pt VII · Sec A
Deputy Director
$103,009Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board 1st Vice President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert Venables$158,684$123,739$113,667$114,708$115,077$106,167
Daniel Lesh$109,584$103,009————
Dan Lesh——$101,913———
Karen Peterson———$51,311$54,215$50,243

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 The Southeast Conference executive salaries →

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

Promotes strong economies, healthy communities, and a quality environment in southeast Alaska.

Questions for The Southeast Conference

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Your first name shows with your question. The Southeast Conference answers here, for everyone.

3 programs · $5.0M · in their own filed words · FY2023
01

Southeast Conference is a designated economic development district (EDD) through the US Economic Development Administration (EDA) and an Alaska regional development organization (ARDOR) through the state of Alaska.

$5.0Mprogram expense
02

Southeast Conference has spent more than 50 years advocating for the ferry system and is working on a multi-phase approach that will identify structural changes to improve the operability and financial health of the state ferry system in its public service mission.

Pt IX · Ln 25 · col B
03

Goal

The majority of energy consumption and costs paid by most residents, business and residences goes towards diesel space heat. Provide diesel displacement through improved incremental delivery of energy efficiency measures. Educate people regarding energy use.

Pt IX · Ln 25 · col B

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
Launch AlaskaFY2024$38K
Total grants receivedfrom 2 funders$44K
Grants paid · 3 grants · $55K · 2019–2021

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $10.8M federal money spent
Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct$7.6M
Rural Development Cooperative Agreement ProgramDepartment of Agriculture · ALN 10.890 · Direct$2.1M
Denali Commission ProgramRegional commissions · ALN 90.100 · Direct$330K
Climate Pollution Reduction GrantsEnvironmental Protection Agency · ALN 66.046 · Direct$292K
Community Wood Energy and Wood Innovation ProgramDepartment of Agriculture · ALN 10.708 · Direct$195K

Plus 6 smaller programs.

The auditor reported no findings.

Year ending Jun 2024 · $5.4M federal money spent
Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct$3.5M
Rural Development Cooperative Agreement ProgramDepartment of Agriculture · ALN 10.890 · Direct$672K
Community Wood Energy and Wood Innovation ProgramDepartment of Agriculture · ALN 10.708 · Direct$513K
Denali Commission ProgramRegional commissions · ALN 90.100 · Direct and through AK Muni League$480K
Economic Development Support for Planning OrganizationsDepartment of Commerce · ALN 11.302 · Direct$78K

Plus 4 smaller programs.

The auditor reported no findings.

Year ending Jun 2023 · $1.7M federal money spent
Economic Adjustment AssistanceDepartment of Commerce · ALN 11.307 · Direct$761K
Rural Development Cooperative Agreement ProgramDepartment of Agriculture · ALN 10.890 · Direct$667K
Denali Commission ProgramRegional commissions · ALN 90.100 · Direct$112K
Economic Development_support for Planning OrganizationsDepartment of Commerce · ALN 11.302 · Direct$90K
Fy 2022 Ost Cds - Ev Ferry Pilot Program for Southeast Conference, AlaskaDepartment of Transportation · ALN 20.534 · Direct$22K

Plus 2 smaller programs.

The auditor reported 1 finding: a weakness in money controls.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.1M
Ln 12
Gifts and grantsLn 1h$5.9M
Fees for servicesLn 2g$112K
Other incomeLn 4–11$81K
Money outPt IX
$5.6M
Ln 25
Programscol B$5.0M
Managementcol C$508K
Fundraisingcol D$92K
Owns and owesPt X
$7.5M
net assets · Ln 32
Cash and savingsLn 1–2$827K
Total assetsLn 16$10.0M
LiabilitiesLn 26$2.5M
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.9M
Government grantsLn 1e$5.6M
Fees for servicesLn 2g$112K
Investment incomeLn 3$14K
Other incomeLn 4–11$81K
Total revenueLn 12$6.1M
Assets in detailPt X, end of year
CashLn 1$827K
Cash and savings togetherLn 1–2$827K
Pledges and grants receivableLn 3$2.2M
Prepaid expenses and deferred chargesLn 9$527K
Land, buildings, equipmentLn 10c$40K
InvestmentsLn 11–13$6.0M
Other assetsLn 15$334K
Total assetsLn 16$10.0M
LiabilitiesLn 26$2.5M
Net assetsLn 32$7.5M
OperationsPt I, VI
EmployeesI 523
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.4M$827K
InvestmentsLn 11–13$6.0M$6.0M
Land, buildings, equipmentLn 10c$51K$40K
Total assetsLn 16$8.1M$10.0M
LiabilitiesLn 26$1.1M$2.5M
Net assetsLn 32$7.0M$7.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$896K$708K$183K$5K
Other employee benefitsLn 9$225K$162K$63K
Other fees for servicesLn 11g$4.0M$3.9M$132K
OccupancyLn 16$62K$4K$58K
TravelLn 17$149K$127K$22K
Travel and entertainment for public officialsLn 18$26K$26K
Conferences, conventions and meetingsLn 19$62K$61K$923
Depreciation, depletion and amortizationLn 22$9K$2K$6K
Other expenses (24a–d)Ln 24$170K$66K$42K$62K
Total functional expensesLn 25$5.6M$5.0M$508K$92K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $11.9M$11.5M$344K$7.8M 990 PDF
FY2024 ViewingFiled with the IRS May 15, 2025 $6.1M$5.6M$499K$7.5M 990 PDF
FY2023Filed with the IRS May 15, 2024 $8.5M$2.3M$6.2M$7.0M 990 PDF
FY2022Filed with the IRS May 15, 2023 $1.3M$1.1M$207K$782K 990 PDF
FY2021Filed with the IRS May 16, 2022 $767K$554K$213K$576K 990 PDF
FY2020Filed with the IRS May 4, 2021 $717K$522K$195K$363K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $6,114,583 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,390,154$5,907,562
I-9 Program service revenuePrior year $69,639$112,053
I-10 Investment incomePrior year $7,102$13,945
I-11 Other revenuePrior year $6,039,330$81,023
I-12 Total revenuePrior year $8,506,225$6,114,583
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $704,185$1,120,987
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,592,783$4,494,736
I-18 Total expensesPrior year $2,296,968$5,615,723
I-19 Revenue less expensesPrior year $6,209,257$498,860
Part VI · Governance 12 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-13 Written whistleblower 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
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,114,583 across 8 lines filed
VIII-1b Membership dues$309,486
VIII-1e Government grants$5,598,076
VIII-1h Total contributions, gifts and grants$5,907,562
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $112,053$112,053
VIII-3 Investment incomeRelated to mission $13,945$13,945
VIII-8 Net income from fundraising eventsExcluded from tax $55,575$55,575
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,322 · Unrelated business $22,126$25,448
VIII-12 Total revenueRelated to mission $129,320 · Unrelated business $22,126 · Excluded from tax $55,575$6,114,583
Part IX · Statement of functional expenses $5,615,723 across 9 lines filed
IX-7 Other salaries and wagesPrograms $707,979 · Management $183,382 · Fundraising $4,748$896,109
IX-9 Other employee benefitsPrograms $161,948 · Management $62,930$224,878
IX-11g Other fees for servicesPrograms $3,885,056 · Management $132,254$4,017,310
IX-16 OccupancyPrograms $3,916 · Management $58,088$62,004
IX-17 TravelPrograms $126,999 · Management $21,727$148,726
IX-18 Travel and entertainment for public officialsFundraising $25,701$25,701
IX-19 Conferences, conventions and meetingsPrograms $61,420 · Management $923$62,343
IX-22 Depreciation, depletion and amortizationPrograms $2,063 · Management $6,472$8,535
IX-24 Other expenses (24a–d)Programs $66,301 · Management $42,316 · Fundraising $61,500$170,117
IX-25 Total functional expensesPrograms $5,015,682 · Management $508,092 · Fundraising $91,949$5,615,723
Part X · Balance sheet $9,977,641 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,406,845$827,157
X-3 Pledges and grants receivableStart of year $226,834$2,249,836
X-4 Accounts receivableStart of year $95,603$0
X-9 Prepaid expenses and deferred chargesStart of year $6,441$526,837
X-10c Land, buildings and equipment, netStart of year $51,392$39,684
X-12 Other securitiesStart of year $6,000,000$6,000,000
X-15 Other assetsStart of year $321,030$334,127
X-16 Total assetsStart of year $8,108,145$9,977,641
X-17 Accounts payable and accrued expensesStart of year $310,998$1,920,452
X-19 Deferred revenueStart of year $38,724$39,716
X-25 Other liabilitiesStart of year $766,812$527,002
X-26 Total liabilitiesStart of year $1,116,534$2,487,170
X-27 Net assets without donor restrictionsStart of year $864,830$1,366,668
X-28 Net assets with donor restrictionsStart of year $6,126,781$6,123,803
X-32 Total net assets or fund balancesStart of year $6,991,611$7,490,471
X-33 Total liabilities and net assetsStart of year $8,108,145$9,977,641
Part XI · Reconciliation of net assets $7,490,471 net assets at year end
XI-1 Total revenue$6,114,583
XI-2 Total expenses$5,615,723
XI-3 Revenue less expenses$498,860
XI-4 Net assets at start of year$6,991,611
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,490,471

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

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