Alaska Heat Smart
Nonprofit profile at a glance
- EIN
- 842399535
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Juneau, AK, USA
- Phone
- 9075005050
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Energy Resources Conservation and Development
Reported finances
- Revenue
- $1,137,412
- Expenses
- $1,127,695
- Assets
- $707,561
- Liabilities
- $660,406
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Paul Voelckers (Vice President)
- Gretchen Kaiser (President)
People named in this filing
- Steve Behnke (VP Program Development)
- Paul Voelckers (Vice President)
- Lori Sowa (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Alaska Heat Smart promotes energy efficiency, renewable energy and the reduction of greenhouse gas emissions. Alaska Heat Smart promotes actions that mitigate the high cost of building heating systems through the adoption of energy efficient systems powered by renewable energy. The corporation is organized exclusively for charitable, educational, and scientific purposes.
What it reported doing in 2024
Congressionally-Directed Spending Program: AHS CHIP (Clean Heat Incentive Program): Awarded to AHS by the Department of Energy via support from Alaska's senior senator Lisa Murkowski, the AHS CHIP serves lower to modest income households in both Juneau and Sitka, offering financial incentives to income-qualified applicants between $1,500 and $3,000 towards the cost of a heat pump installation.
Operating model
- Revenue model
- Grant-funded. 98% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.3%; rating input score 66
- Program expense ratio: 66.8%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.9%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 63.1% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 58.2% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 36.4% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 66.3% of revenue deployed · 66.8% of spending went to programs
- Governance: 9 of 9 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $753K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.