2026-02-17T10:03:53-08:00 2025-06-30 920143182 ALTMAN ROGERS & CO 3000 C ST STE 201 ANCHORAGE AK 99503 990 2024-07-01 920076696 Assets Inc ASSE 9073348622 2330 Nichols St Anchorage AK 99508 Amber Campbell Finance Director 2026-02-17 true true Sterling Gillon CPA P02428406 9072742992 2024 2025-03-06 01:10:19Z Matthew Jones 2330 Nichols St Anchorage AK 99508 15471382 false X www.assetsinc.org X 1980 AK Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services. 7 7 388 7 0 95423 60861 12552113 13628795 204868 357366 591005 457467 13443409 14504489 0 0 11957705 12705133 0 0 2760764 2760264 14718469 15465397 -1275060 -960908 10662988 9353254 1670487 1359223 8992501 7994031 Assets, Inc. (the Organization) is a not-for-profit corporation organized for the purpose of providing services that promote the independence of Anchorage area individuals who, due to the nature and severity of their disabilities, need support to live and work in the community. The company provides vocational training, supported living, and employment services conductive to this purpose, including assessment, community employment, and ongoing support services. false false 7386351 9112927 Contract Services - Assets has achieved the employment of approximately 150 individuals with cognitive or intellectual disabilities by directly employing persons with disabilities to provide the operations of several federal, state, and private contracts the organization operates within the community. 4662008 4973335 Supported Employment - assists individuals to obtain and retain employment within local businesses. Currently works with over 40 local employers.Supported Living Services - skill building, coaching, and resource coordination to assist individuals to live in their own homes. 12048359 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 26 0 true 388 true false false false false false false false 0 false false false false false false false false false false X 7 7 false false false false false false false true true false false false true false true true true true true false X Amber Campbell 9073348686 2330 Nichols St Anchorage AK 99508 Matthew Jones CEO 40.00 0.00 X 148141 0 0 Chuck Almasy COO 40.00 0.00 X 133014 0 0 Martha J Romero Director of Behavi 40.00 0.00 121737 0 0 Amber Campbell Finance Dir 40.00 0.00 X 101741 0 0 Brenda Duty Chairman 2.00 0.00 X X 0 0 0 Wallace Jenkins Treasurer 2.00 0.00 X X 0 0 0 Lisa Pinkston Secretary 2.00 0.00 X X 0 0 0 Michael Ashmore Board Member 2.00 0.00 X 0 0 0 Kelley Clouser Board Member 2.00 0.00 X 0 0 0 Devon Rust Board Member 2.00 0.00 X 0 0 0 Krystal Blair Board Member 2.00 0.00 X 0 0 0 504633 4 false false false Brooks Advanced Technology 7680 E Timber Way Palmer AK 99645 IT services 105310 1 51386 9475 60861 Assisted Living 623990 126838 126838 Enclave Contracts 721000 8063894 8063894 Home and Comm. Service 621400 1830534 1830534 Mental Health Medicaid 623000 3015963 3015963 Printing 323100 591566 591566 13628795 324259 324259 0 0 0 1000000 966893 33107 33107 33107 0 0 0 Other Revenue 900099 457467 457467 457467 14504489 14086262 357366 0 0 0 0 406576 317129 89447 0 9060382 7067098 1993284 32753 25547 7206 2177196 1698213 478983 1028226 802016 226210 0 1885 1470 415 83343 65008 18335 0 0 0 436625 340568 96057 0 489532 381835 107697 0 0 478096 372915 105181 112094 87433 24661 0 0 0 0 156039 121710 34329 201746 201746 Foster Care 423672 423672 Printing and Publications 232384 230764 1620 Recruiting 42563 33199 9364 Dues and Subscriptions 38817 30277 8540 63468 49505 13963 15465397 12048359 3417038 0 1296296 50005 304261 1332625 5255 0 1868327 1458339 0 0 0 98598 181981 50554 0 2015862 1098461 868687 917401 5870673 5187192 0 0 0 300337 225711 10662988 9353254 1543817 1289366 126670 69857 1670487 1359223 X 8992501 7994031 8992501 7994031 10662988 9353254 -960908 -37562 X false true X true false X 769905 223004 54249 95423 60861 1203442 14591637 13731212 13813829 12552113 13628795 68317586 0 0 0 15361542 13954216 13868078 12647536 13689656 69521028 0 0 69521028 545971 376120 324259 1246350 0 545971 376120 324259 1246350 0 76004 160908 157725 591005 457467 1443109 15983517 14115124 14025803 13614661 14471382 72210487 0.96280 0.96890 0.01730 0.01680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 179765 179765 727862 186822 541040 1034850 838254 196596 73385 73385 917401 Operating lease liability 58407 Security Deposits 11450 69857 X 14466927 -37562 -37562 14504489 14504489 15465397 15465397 15465397 Part X : FIN48 Footnote Assets, Inc. is a nonprofit corporation exempt from income taxation under Section 501(c)(3) of the Internal Revenue Code.Although the Organization is exempt from federal income taxes, any income derived from unrelated business activities is subject to the requirement of filing Federal Income Tax Form 990-T and a tax liability may be determined on these activities. The Organization had no income derived from unrelated business activities as of June 30, 2025.The Organization believes it is in compliance with all applicable laws; however upon audit by a taxing authority, if amounts are found due, the Organization may be liable for such taxes. Management has analyzed the Organizations tax positions taken on federal income tax returns for all open tax years and has concluded that, as of June 30, 2025, no liabilities are required to be recorded in connection with such tax positions in the Organizations financial statements. The fiscal 2022 through 2025 tax years remain open for examination by the taxing authorities. The Organization is not under examination by the internal revenue service for any open tax years. Form 990, Part VI, Section B, Line 11b The finance director reconciles the numbers on the form 990 to the audited financial statements and reviews the narrative for accuracy. Form 990, Part VI, Section B, Line 12c When an item comes before the board of directors in which a director, a member of a director's immediate family, the director's employer, and/or any organization with which the director is associated has a direct private or business interest, the affected director shall so state and shall refrain from voting and participating in the board of director's discussion on the matter. The director's abstention from voting and the stated reason shall be recorded in the minutes. A director who knowingly fails to state a conflict of interest and fails to abstain from voting shall be subject to removal from the board in accordance with the provisions of the conflict of interest policy. A director unsure of a conflict of interest may state his or her apparent conflict and ask for a discussion and a vote on the question of the conflict by the other members of the board of directors. If the vote is unanimous, the director may proceed to participate in the discussion and vote on the matter in question. Form 990, Part VI, Section B, Line 15a Assets utilizes a 360 degree evaluation of employees and peers, reviews strategic plan objective accomplishments, and utilizes a compensation plan developed by a consultant and based on state and national benchmarks. Compensation levels were evaluated for all positions within the company utilizing these tools. The executive Director's compensation was last evaluated in 2014. In 2008 assets hired a compensation consultant to review all job descriptions and create a pay range structure based on job description and market survey data. All employees are compensated within the range which was established for their position. The executive director determines compensation for key employees within the ranges based on performance and company budget. The executive director consults with the HR director (performance) and the finance director (budget) to help decide the appropriateness of increases. The most recent reviews and changes in compensation based on merit were in 2014. Form 990, Part VI, Section B, Line 15b Assets utilizes a 360 degree evaluation of employees and peers, reviews strategic plan objective accomplishments, and utilizes a compensation plan developed by a consultant and based on state and national benchmarks. Compensation levels were evaluated for all positions within the company utilizing these tools. The executive Director's compensation was last evaluated in 2014. In 2008 assets hired a compensation consultant to review all job descriptions and create a pay range structure based on job description and market survey data. All employees are compensated within the range which was established for their position. The executive director determines compensation for key employees within the ranges based on performance and company budget. The executive director consults with the HR director (performance) and the finance director (budget) to help decide the appropriateness of increases. The most recent reviews and changes in compensation based on merit were in 2014. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents available upon request.