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Assets Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 920076696 ✦ Anchorage, AK ✦ Designated as a 501(c)(3)

Overview

What is Assets Inc?

Assets Inc, a not-for-profit organization based in Anchorage, Alaska, addresses the needs of individuals with cognitive or intellectual disabilities. With a mission to empower community members who require additional support to live and work independently, Assets offers a range of services including vocational training, supported living, and employment opportunities. Their team of approximately 150 employees, consisting mainly of individuals with disabilities, ensures the successful operation of various federal, state, and private contracts. Assets' holistic approach includes assessments and ongoing support services, ultimately contributing to the growth and inclusion of those they serve.


Official website here: www.assetsinc.org

Is Assets Inc legitimate?

Assets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assets Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $390,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,972,139

For more financial information, click here


Official website here: www.assetsinc.org

What is the mission statement of Assets Inc?

Assets Inc is a non-profit organization dedicated to enhancing the independence of individuals in the community who face disabilities that make it challenging for them to live and work on their own. The corporation offers a range of services designed to support these individuals, including vocational training, assisted living, and employment opportunities. The organization's primary goal is to enable those in need to live more autonomous lives, providing them with the necessary resources and ongoing support. Through its assessment, community employment, and ongoing services, Assets Inc strives to empower individuals to reach their full potential and live fulfilling lives.


Official website here: www.assetsinc.org

Who is the CEO of Assets Inc?

Matthew Jones is the Ceo of Assets Inc. The CEO's salary of Assets Inc is $145,610 and their total compensation is $153,360.


Official website here: www.assetsinc.org

What is the revenue of Assets Inc?

Assets Inc's revenue in 2022 was $14,279,627.


Official website here: www.assetsinc.org

Who are the executives of Assets Inc and what are their salaries?

The average compensation at Assets Inc during 2022 was $22,541. There are 371 employees and 7 volunteers at Assets Inc.

Here are 11 key members and their salaries (Assets Inc's CEO's salary is $145,610 and their total compensation is $153,360):

    Matthew Jones (Ceo)
  • Compensation: $145,610
  • Related: $0
  • Other: $7,750

    • Chuck Almasy (Coo)
  • Compensation: $139,362
  • Related: $0
  • Other: $11,405

    • Martha J Romero (Director Of Behavi)
  • Compensation: $121,824
  • Related: $0
  • Other: $9,325

    • Renee Behrendt (Finance Dir)
  • Compensation: $70,732
  • Related: $0
  • Other: $306

    • Travers Gee (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wallace Jenkins (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenda Duty (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Faith Meyers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Micheal Ashmore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Bastian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Clouser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.assetsinc.org

    Where can I find the form 990 for Assets Inc?

    The Assets Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.assetsinc.org

    Learn more at the official website: www.assetsinc.org

    Mission Statement of Assets Inc

    Assets Inc, a not-for-profit corporation, is dedicated to empowering individuals in the community who face disabilities that impede their independence. With a mission to support those who require assistance to live and work, this organization offers a range of services designed to promote self-sufficiency.

    At the heart of Assets Inc's endeavors are vocational training programs and employment services. These offerings enable the individuals served to acquire the necessary skills and knowledge for gainful employment. Through assessment, community employment, and ongoing support services, Assets Inc ensures that each person receives the customized care they need to succeed.

    In addition to vocational training, Assets Inc provides supported living services. These critical offerings help individuals with disabilities navigate their daily lives and participate in their communities. The organization's comprehensive approach to promoting independence ensures that those it serves have the necessary resources and support to thrive.

    Impact

    This information is meant to be a general summary of Assets Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Assets Inc's impact can be seen in the employment of approximately 150 individuals with cognitive or intellectual disabilities. By providing vocational training, supported living, and employment services, Assets Inc promotes the independence of individuals in the Anchorage area who require support to live and work in the community. Through their contract services, Assets Inc directly employs persons with disabilities to operate various federal, state, and private contracts, contributing to the economic empowerment and inclusion of individuals with disabilities in the workforce.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $13,731,212
  • Gross Receipts: $14,279,627

    • Assets and Liabilities:
  • Total Assets: $12,175,098
  • Total Liabilities: $31,269
  • Net Assets: $12,143,829
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Enclave Contracts

    Revenue

    $8,524,591

    Home and Comm. Service

    Revenue

    $5,206,621

    Organization Details

    Founding Year

    1980

    Principal Officer

    Matthew Jones

    Main Address

    2330 Nichols St, Anchorage, AK, 99508

    NTEE Category

    Code: J200 - Employment

    If you are a representative of Assets Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.