Alaska Rural Rehabilitation Corporation

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

EIN: 920022244 ✦ Palmer, AK ✦ Designated as a 501(c)(4)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Alaska Rural Rehabilitation Corporation?

Alaska Rural Rehabilitation Corporation, located at 248 E Dahlia Ave, Palmer, AK 99645, is a nonprofit organization dedicated to assisting individuals involved in farming or commercial fishing in Alaska. By offering loans at rates lower than traditional commercial lending institutions, ARRC aims to provide financing support. With a team of 4 employees, this corporation is committed to empowering agricultural and fishing businesses in the rural areas of Alaska, contributing to the growth and sustainability of these industries.


Official website here: www.arrc.us

Is Alaska Rural Rehabilitation Corporation legitimate?

Alaska Rural Rehabilitation Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Alaska Rural Rehabilitation Corporation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $58,263
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,737

For more financial information, click here


Official website here: www.arrc.us

What is the mission statement of Alaska Rural Rehabilitation Corporation?

The Alaska Rural Rehabilitation Corporation (ARRC) is a non-profit organization committed to aiding individuals involved in farming. Its primary mission is to offer affordable loans to these individuals, providing financial assistance that is more reasonable than what is typically available from commercial lending institutions. By offering these loans, ARRC aims to support and strengthen the farming sector, enabling farmers to sustain and grow their businesses.


Official website here: www.arrc.us

Who is the CEO of Alaska Rural Rehabilitation Corporation?

Ben Vanderweele is the Executive Di of Alaska Rural Rehabilitation Corporation.


Official website here: www.arrc.us

What is the revenue of Alaska Rural Rehabilitation Corporation?

Alaska Rural Rehabilitation Corporation's revenue in 2023 was $240,078.


Official website here: www.arrc.us

Who are the executives of Alaska Rural Rehabilitation Corporation and what are their salaries?

The average compensation at Alaska Rural Rehabilitation Corporation during 2023 was $21,500. There are 4 employees at Alaska Rural Rehabilitation Corporation.


Here are 10 key members and their salaries:


Barbara Beckage (Executive Di)
  • Compensation: $42,338
  • Related: $0
  • Other: $1,270
Katie Sunderland (Outgoing Ex)
  • Compensation: $15,980
  • Related: $0
  • Other: $479
Ben Vanderweele (President)
  • Compensation: $300
  • Related: $0
  • Other: $0
Troy Sheldon (Vice Preside)
  • Compensation: $300
  • Related: $0
  • Other: $0
Paul Dombroski (Treasurer)
  • Compensation: $300
  • Related: $0
  • Other: $0
Matthew Beck (Secretary)
  • Compensation: $150
  • Related: $0
  • Other: $0
Pete Probasco (Secretary)
  • Compensation: $300
  • Related: $0
  • Other: $0
Deidre Berberich (Director)
  • Compensation: $150
  • Related: $0
  • Other: $0
Julia Mugrage (Director)
  • Compensation: $150
  • Related: $0
  • Other: $0
John Depriest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arrc.us

Where can I find the form 990 for Alaska Rural Rehabilitation Corporation?

Alaska Rural Rehabilitation Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.arrc.us

Learn more at the official website: www.arrc.us

Mission Statement of Alaska Rural Rehabilitation Corporation

Alaska Rural Rehabilitation Corporation (ARRC) is a non-profit organization committed to assisting individuals involved in farming. Its mission is centered around offering affordable loans to these individuals, providing financial support at interest rates lower than those offered by conventional commercial lending institutions. By doing so, ARRC aims to contribute positively to the agricultural sector within the state of Alaska.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Alaska Rural Rehabilitation Corporation (ARRC) plays a vital role in supporting agriculture and commercial fishing in Alaska by providing accessible financing options. By offering loans at reasonable interest rates, which are often lower than those available from traditional commercial lending institutions, ARRC empowers individuals and businesses in these industries to invest in their livelihoods. This financial support not only fosters economic growth but also enhances food security and sustainability in rural communities throughout the state. Through its efforts, ARRC contributes to the health and vitality of Alaska's agribusiness sector, promoting resilience and fostering a stronger local economy.




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


Financials

This financial information is from Propublica.

Revenue
$240,078 (2023)
Expenses
$167,599 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,519
  • Program Service Revenue: $227,692
  • Gross Receipts: $240,078

Assets and Liabilities:

  • Total Assets: $5,413,866
  • Total Liabilities: $3,258
  • Net Assets: $5,410,608

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST ON LENDING ACTIVITY

Revenue

$222,656

LOAN FEES

Revenue

$4,041

LOAN LATE PAYMENT FEES

Revenue

$995

Organization Details

Founding Year

1935

Principal Officer

Ben Vanderweele

Main Address

248 E DAHLIA AVE, PALMER, AK, 99645

NTEE Category

Code: E50 - Health

If you are a representative of Alaska Rural Rehabilitation Corporation 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.