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:
- Compensation: $42,338
- Related: $0
- Other: $1,270
- Compensation: $15,980
- Related: $0
- Other: $479
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- 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.
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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.
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
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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
Phone
(907) 745-3390Principal Officer
Ben Vanderweele
Main Address
248 E DAHLIA AVE, PALMER, AK, 99645
Website
www.arrc.usNTEE Category
Code: E50 - Health
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