ANCHORAGE HOUSING INITIATIVES INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: ANCHORAGE HOUSING INITIATIVES INC (EIN 92-0151960)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2013-11-20
IRS object ID: 201333249349300313
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-20T11:32:46-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SRAMEK-HIGHTOWER CPAS PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2525 C STREET SUITE 100	AddressLine1
City	ANCHORAGE	City
State	AK	State
ZIP Code	99503	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	920151960	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ANCHORAGE HOUSING INITIATIVES INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ANCH	NameControl
Phone	9072724176	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 202222	AddressLine1
City	ANCHORAGE	City
State	AK	State
ZIP Code	995202222	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SHANNON WILKS	Name
Title	PRESIDENT	Title
Phone	9072724176	Phone
Date Signed	2013-09-12	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RODNEY J HUTCHINGS CPA	Name
Phone	9075636722	Phone
Date Prepared	2013-09-13	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	SHANNON WILKS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 202222	AddressLine1
City	ANCHORAGE	City
State	AK	State
ZIP Code	99520	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	374413	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1994	YearFormation
State Legal Domicile	AK	StateLegalDomicile
Activity Or Mission Description	ANCHORAGE HOUSING INITIATIVES WAS ESTABLISHED TO PROMOTE AND PROVIDE AFFORDABLE HOUSING TO LOW-INCOME AND DISABLED PERSONS IN THE MUNICIPALITY OF ANCHORAGE, ALASKA.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	1	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	497272	ContributionsGrantsPriorYear
Contributions Grants Current Year	346223	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	2058982	InvestmentIncomePriorYear
Investment Income Current Year	67	InvestmentIncomeCurrentYear
Other Revenue Prior Year	7678	OtherRevenuePriorYear
Other Revenue Current Year	28123	OtherRevenueCurrentYear
Total Revenue Prior Year	2563932	TotalRevenuePriorYear
Total Revenue Current Year	374413	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	61652	SalariesEtcPriorYear
Salaries Etc Current Year	67335	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	420770	OtherExpensePriorYear
Other Expenses Current Year	325749	OtherExpensesCurrentYear
Total Expenses Prior Year	482422	TotalExpensesPriorYear
Total Expenses Current Year	393084	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2081510	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-18671	RevenuesLessExpensesCY
Total Assets BOY	2258499	TotalAssetsBOY
Total Assets EOY	2233330	TotalAssetsEOY
Total Liabilities BOY	9663	TotalLiabilitiesBOY
Total Liabilities EOY	3165	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2248836	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2230165	NetAssetsOrFundBalancesEOY
Mission Description	ANCHORAGE HOUSING INITIATIVES WAS ESTABLISHED TO PROMOTE AND PROVIDE AFFORDABLE HOUSING TO LOW-INCOME AND DISABLED PERSONS IN THE MUNICIPALITY OF ANCHORAGE, ALASKA.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	345986	Expense
Description	PROMOTE AND PROVIDE AFFORDABLE HOUSING TO LOW-INCOME AND DISABLED PERSONS IN THE MUNICIPALITY OF ANCHORAGE, ALASKA.	Description
Total Program Service Expense	345986	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	1	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SRAMEK HIGHTOWER CPAS	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	9075636722	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2525 C STREET STE 100	AddressLine1
City	ANCHORAGE	City
State	AK	State
ZIP Code	99503	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
SHANNON WILKS
PRESIDENT	4.00	X	X	0	0	0
KAREN WARD
VICE PRESIDE	4.00	X	X	0	0	0
KATHLEEN KOWALCZUK
TREASURER	2.00	X	X	0	0	0
JAN C HOOD
SECRETARY	2.00	X	X	0	0	0
LYNN KENNEY
DIRECTOR	1.00	X		0	0	0
LARRY HARRIS
DIRECTOR	1.00	X		0	0	0
BILL INSCHO
DIRECTOR	1.00	X		0	0	0
TENIKA WILLIAMS
DIRECTOR	1.00	X		0	0	0
MARC STOVER
	1.00	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	346223	GovernmentGrants
Total Contributions	346223	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	67	TotalRevenueColumn
Related Or Exempt Function Income	67	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ASSET MANAGEMENT FEES	27720	27720
OTHER INCOME	403	403

Field	Value	IRS element (for citing)
Total Other Revenue	28123	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	374413	TotalRevenueColumn
Related Or Exempt Function Income	28190	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	67335	Total
Program Services	55025	ProgramServices
Management And General	12310	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	450	Total
Management And General	450	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	19210	Total
Program Services	3974	ProgramServices
Management And General	15236	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	7019	Total
Management And General	7019	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	491	Total
Management And General	491	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2306	Total
Program Services	1380	ProgramServices
Management And General	926	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	35	Total
Management And General	35	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	249	Total
Management And General	249	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	3877	Total
Management And General	3877	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
PROGRAM ACTIVITY COSTS	257322	253611	3711
SUPPORTIVE SERVICES	21639	21473	166
CONTRACT LABOR	6311	6073	238
GRANT AMINISTRATION	4450	4450

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	2390	Total
Management And General	2390	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	393084	Total
Program Services	345986	ProgramServices
Management And General	47098	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	179609	BOY
EOY	143655	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	100266	BOY
EOY	92632	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	21	BOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1165	BOY
EOY	19854	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	6220	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3850	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	2619	BOY
EOY	2370	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1974819	BOY
EOY	1974819	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2258499	BOY
EOY	2233330	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	9081	BOY
EOY	1248	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	582	BOY
EOY	1917	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	9663	BOY
EOY	3165	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2248836	BOY
EOY	2230165	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2248836	BOY
EOY	2230165	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2258499	BOY
EOY	2233330	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-18671	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	244493	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	255644	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	232152	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	497272	CurrentTaxYearMinus1Year
Current Tax Year	346223	CurrentTaxYear
Total	1575784	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	244493	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	255644	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	232152	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	497272	CurrentTaxYearMinus1Year
Current Tax Year	346223	CurrentTaxYear
Total	1575784	Total

Field	Value	IRS element (for citing)
Public Support Total170	1575784	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	290	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	29	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	278	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	159198	CurrentTaxYearMinus1Year
Total	159795	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	14296	CurrentTaxYearMinus2Years
Total	14296	Total

Field	Value	IRS element (for citing)
Total Support	1749875	TotalSupport
Gross Receipts From Admissions Etc	28190	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.90050	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.91280	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6220	OtherCostOrOtherBasis
Depreciation	3850	Depreciation
Book Value	2370	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	2370	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
DUE FROM AKHI - ACCESS	1594903
DUE FROM AKHI - HILLPOINT	379916

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1974819	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	PAYROLL TAXES	Description
Amount	$1,917	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	1917	TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	BOARD OF DIRECTORS HAVE AN OPPORTUNITY TO REVIEW THE TAX RETURN BEFORE IT IS FILED WITH THE IRS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC