NonprofitsHomer Foundation

Youth Development

Homer Foundation

HOMER, AK

Total revenue

$2.1M

Total expenses

$1.1M

Net assets

$6.7M

Grants received

$407K

23 grants

EIN

920139183

Tax year

2023

Mission

To enhance the quality of life for the citizens of the greater homer area by promoting philanthropic and charitable activities.

Programs

3 programs

City of homer grants program: the city of homer and the homer foundation have an agreement to allocate general operating dollars to area nonprofits through a competetive grants rpocess. This year, 13 organizations received support through this program with grants between 4,500 and 1,000.

Expenses: $34KGrants: $34K

Scholarships: 19 scholarships to support area students in their post- secondary education. These scholarships varied between 1,000-7,000.

Expenses: $46KGrants: $46K

All other programs.

Expenses: $566KGrants: $116K

Financials

FY 2023

Revenue

Contributions & grants$798K
Program service revenue
Investment income$684K
Other revenue$596K
Total revenue$2.1M

Expenses

Grants paid$425K
Salaries & benefits$165K
Fundraising$4K
Other expenses$540K
Total expenses$1.1M
Total assets$7.1M
Net assets$6.7M

People

11 listed

NameRoleCompensation

MICHAEL MILLER

EXECUTIVE DI

Board

$74K

40 hrs/wk

DENISE PITZMAN

PRESIDENT

Board

2 hrs/wk

PAULA MARTIN

TREASURER, V

Board

2 hrs/wk

KEN TAYLOR

SECRETARY

Board

1 hrs/wk

DOUG BAILY

TRUSTEE

Board

1 hrs/wk

LIZ DOWNING

TRUSTEE

Board

2 hrs/wk

VAN HAWKINS

DIRECTOR

Board

3 hrs/wk

PAUL SEATON

CGC CHAIR

Board

2 hrs/wk

TOM ZITZMANN

TRUSTEE

Board

1 hrs/wk

SARA REINERT

TRUSTEE

Board

1 hrs/wk

WILLIAM BELL

TRUSTEE

Board

1 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$22K
NEW DEVELOPMENT STAFF
2024
$8K
Operational Support
2024
$2K
QUALITY OF LIFE FOR CITIZENS
2024
$56K
DEVELOPMENT AND MARKETING DIRECTOR
2023
$14K
Operational Support
2023
$2K
QUALITY OF LIFE FOR CITIZENS
2023
$1K
GENERAL SUPPORT
2023
$250
OPERATIONAL SUPPORT
2023
$41K
Operational Support
2022
$34K
NEW DEVELOPMENT STAFF
2022
$19K
TECHNOLOGY AND FURNITURE UPGRADES
2022
$10K
GENERAL SUPPORT
2022
$5K
QUALITY OF LIFE FOR CITIZENS
2022
$1K
OPERATIONAL SUPPORT
2022
$131K
UNRESTRICTED CHARITABLE PURPOSES
2021
$15K
Kachemak City Park Revitalization Project
2021
$50
GENERAL SUPPORT
2021
$19K
Operational Support
2020
$11K
Unrestricted
2020
$1K
QUALITY OF LIFE FOR CITIZENS
2020
$1K
QUALITY OF LIFE FOR CITIZENS
2019

Funded by

$407K from 9 funders · 23 grants · 2019–2024

Arthur M James Family Foundation

$131K · 1 grant · 2021

M J Murdock Charitable Trust

$112K · 3 grants · 2022–2024

The Alaska Community Foundation

$82K · 4 grants · 2020–2024

Rasmuson Foundation

$30K · 4 grants · 2021–2023

Donor Advised Charitable Giving Inc

$13K · 2 grants · 2022–2023

Network For Good

$11K · 1 grant · 2020

Helms Foundation Inc

$11K · 5 grants · 2019–2024

Details

EIN920139183
NTEE codeO40Z
Subsection03
Ruling date1992-05
Formed1991
Employees4
Volunteers12
HOMER FOUNDATION — Mission, Financials & Grants Received | Grantivo