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Makivik Corporation

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Details

According to its Sept. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$9.29M (2023)

Expenses
$1.24M (2023)

Total Assets
$690M (2023)

Total Liabilities
$219M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,289,765
Expenses
$1,240,211
Net Income
$8,049,554
Net Assets
$470,900,158
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,469,133
37.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,820,632
62.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $923,748
74.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,531,754
> 100%
Assets/Debt
Total Assets $689,582,408
Total Liabilities $218,682,250
Net Assets $470,900,158
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Adams Peter (Director) $133,645 $0 $0
Berthe George (Director) $133,389 $0 $0
Alaku Adamie Delisle (Director) $109,701 $0 $0
Moorhouse Andy (Director) $78,086 $0 $0
Aragutak Alicia (Director) $69,102 $0 $0
Ninggiuruvik Elijah (Director) $30,247 $0 $0
Paningajaq Charlie (Director) $29,582 $0 $0
Unatweenuk Sammy (Director) $29,582 $0 $0
Berthe Elana (Director) $29,361 $0 $0
Mickpegak Raymond (Director) $26,368 $0 $0
Alaku Adamie Oqitu (Director) $23,264 $0 $0
Baron Vinnie (Director) $22,377 $0 $0
Kokiapik Rhoda (Director) $22,377 $0 $0
Ninggiuruvik Noah (Director) $22,156 $0 $0
Menarick Raymond (Director) $21,491 $0 $0
Quissa Nowya (Director) $21,491 $0 $0
Snowball Joseph (Director) $21,491 $0 $0
Akpahatak Maggie (Director) $21,269 $0 $0
Novalinga Muncy (Director) $21,047 $0 $0
Kauki Etua (Director) $15,194 $0 $0
Annahatak Peter (Director) $14,610 $0 $0
Niviaxie Jack (Director) $14,388 $0 $0
Tookalook Aliva (Director) $13,530 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,137,985
Expenses
$3,915,904
Net Income
$4,222,081
Net Assets
$424,757,812
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,533,471
31.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,604,514
68.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $864,846
22.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,191,253
81.5%
Assets/Debt
Total Assets $595,783,815
Total Liabilities $171,026,003
Net Assets $424,757,812
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Adams Peter (Director) $129,217 $0 $0
Berthe George (Director) $101,666 $0 $0
Alaku Adamie Delisle (Director) $91,360 $0 $0
Moorhouse Andy (Director) $79,958 $0 $0
Aragutak Alicia (Director) $68,870 $0 $0
Akpahatak Maggie (Director) $30,837 $0 $0
Alaku Adamie Oqitu (Director) $30,796 $0 $0
Kokiapik Rhoda (Director) $30,712 $0 $0
Mickpegak Raymond (Director) $24,400 $0 $0
Baron Vinnie (Director) $23,071 $0 $0
Novalinga Muncy (Director) $22,811 $0 $0
Unatweenuk Sammy (Director) $22,811 $0 $0
Berthe Elana (Director) $22,769 $0 $0
Ninggiuruvik Elijah (Director) $22,769 $0 $0
Paningajaq Charlie (Director) $22,560 $0 $0
Quissa Nowya (Director) $22,519 $0 $0
Snowball Joseph (Director) $22,268 $0 $0
Kauki Etua (Director) $22,018 $0 $0
Ninggiuruvik Noah (Director) $21,997 $0 $0
Menarick Raymond (Director) $14,911 $0 $0
Fleming Charlie (Director) $14,675 $0 $0
Tukkaluk Eluscar Kulu (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,515,424
Expenses
$4,319,754
Net Income
$5,195,670
Net Assets
$454,528,913
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,003,665
21.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,511,759
78.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $992,597
23.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,522,585
81.5%
Assets/Debt
Total Assets $576,482,269
Total Liabilities $121,953,356
Net Assets $454,528,913
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Adams Peter (Director) $139,207 $0 $0
Alaku Adamie Delisle (Director) $117,121 $0 $0
Berthe George (Director) $109,165 $0 $0
Emudluk Maggie (Director) $91,359 $0 $0
Novalinga Rita (Director) $91,277 $0 $0
Mickpegak Raymond (Director) $34,631 $0 $0
Baron Vinnie (Director) $33,622 $0 $0
Snowball Joseph (Director) $32,612 $0 $0
Quissa Nowya (Director) $32,360 $0 $0
Alaku Adamie Oqitu (Director) $26,514 $0 $0
Kokiapik Rhoda (Director) $25,757 $0 $0
Ninggiuruvik Elijah (Director) $25,757 $0 $0
Ninggiuruvik Noah (Director) $25,757 $0 $0
Berthe Elana (Director) $25,505 $0 $0
Tookalook Aliva (Director) $25,378 $0 $0
Paningajaq Charlie (Director) $25,252 $0 $0
Unatweenuk Sammy (Director) $24,874 $0 $0
Akpahatak Maggie (Director) $24,747 $0 $0
Kauki Etua (Director) $24,747 $0 $0
Fleming Charlie (Director) $24,243 $0 $0
Tukkaluk Eluscar Kulu (Director) $16,950 $0 $0
Novalinga Muncy (Director) $15,762 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,352,022
Expenses
$4,995,279
Net Income
$3,356,743
Net Assets
$411,351,893
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,627,249
31.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,724,773
68.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $746,373
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $4,443,255
88.9%
Assets/Debt
Total Assets $520,006,258
Total Liabilities $108,654,365
Net Assets $411,351,893
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Watt Sr Charlie (Director) $108,316 $0 $0
Alaku Adamie Delisle (Director) $87,510 $0 $0
Novalinga Rita (Director) $64,446 $0 $0
Emudluk Maggie (Director) $61,907 $0 $0
Berthe George (Director) $55,057 $0 $0
Kauki Etua (Director) $28,638 $0 $0
Ninggiuruvik Elijah (Director) $28,638 $0 $0
Paningajaq Charlie (Director) $28,638 $0 $0
Unatweenuk Sammy (Director) $28,415 $0 $0
Alaku Adamie Oqitu (Director) $21,590 $0 $0
Kokiapik Rhoda (Director) $21,590 $0 $0
Mickpegak Raymond (Director) $21,590 $0 $0
Quissa Nowya (Director) $21,590 $0 $0
Baron Vinnie (Director) $21,456 $0 $0
Akpahatak Maggie (Director) $21,366 $0 $0
Snowball Joseph (Director) $21,366 $0 $0
Tukkaluk Eluscar Kulu (Director) $21,366 $0 $0
Ninggiuruvik Noah (Director) $21,143 $0 $0
Fleming Charlie (Director) $20,695 $0 $0
Angnatuk Willie (Director) $20,528 $0 $0
Anowak Paul (Director) $20,528 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,320,846
Expenses
$4,324,405
Net Income
$2,996,441
Net Assets
$390,646,554
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,648,789
36.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,672,057
63.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $835,349
19.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,529,213
58.5%
Assets/Debt
Total Assets $468,008,853
Total Liabilities $77,362,299
Net Assets $390,646,554
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Watt Sr Charlie (Director) $116,755 $0 $0
Pirti Andy (Director) $76,355 $0 $0
Alaku Adamie Delisle (Director) $72,786 $0 $0
Novalinga Rita (Director) $46,887 $0 $0
Emudluk Maggie (Director) $42,988 $0 $0
Kokiapik Rhoda (Director) $41,846 $0 $0
Akpahatak Maggie (Director) $40,460 $0 $0
Ninggiuruvik Noah (Director) $39,536 $0 $0
Alaku Adamie Oqitu (Director) $34,629 $0 $0
Menarick Raymond (Director) $30,623 $0 $0
Mickpegak Raymond (Director) $25,693 $0 $0
Snowball Joseph (Director) $25,462 $0 $0
Angnatuk Willie (Director) $25,000 $0 $0
Kauki Etua (Director) $25,000 $0 $0
Paningajaq Charlie (Director) $25,000 $0 $0
Quissa Nowya (Director) $25,000 $0 $0
Baron Vinnie (Director) $24,769 $0 $0
Ninggiuruvik Elijah (Director) $24,769 $0 $0
Tukkaluk Eluscar Kulu (Director) $24,769 $0 $0
Anowak Paul (Director) $24,538 $0 $0
Unatweenuk Sammy (Director) $23,383 $0 $0
Fleming Charlie (Director) $11,460 $0 $0
Etidloie Minnie (Director) $7,641 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,069,793
Expenses
$3,994,185
Net Income
$3,075,608
Net Assets
$378,420,305
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,371,557
33.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,698,236
66.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $691,656
17.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,447,667
61.3%
Assets/Debt
Total Assets $453,954,169
Total Liabilities $75,533,864
Net Assets $378,420,305

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$0
Net Income
$0
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,003,667
Expenses
$11,650,194
Net Income
$35,353,473
Net Assets
$323,929,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,802,371
8.1%
Bond Proceeds $0
Royalties $5,780,285
12.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,475,874
15.9%
Net Inventory Sales $0
Other Revenue $29,945,137
63.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,697,673
23.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,414,723
20.7%
Assets/Debt
Total Assets $369,043,988
Total Liabilities $45,114,737
Net Assets $323,929,251

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,342,331
Expenses
$11,524,178
Net Income
$8,818,153
Net Assets
$279,684,187
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,349,948
26.3%
Bond Proceeds $0
Royalties $3,285,053
16.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,381,725
36.3%
Net Inventory Sales $0
Other Revenue $4,325,604
21.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,499,830
21.7%
Professional Fundraising Fees $0
Other Salaries and Wages $2,986,877
25.9%
Assets/Debt
Total Assets $320,571,898
Total Liabilities $40,887,711
Net Assets $279,684,187

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,635,587
Expenses
$14,428,807
Net Income
$1,206,780
Net Assets
$325,462,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,335,800
21.3%
Bond Proceeds $0
Royalties $3,158,016
20.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,870,405
31.1%
Net Inventory Sales $0
Other Revenue $4,271,366
27.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $3,080,775
21.4%
Professional Fundraising Fees $0
Other Salaries and Wages $4,200,534
29.1%
Assets/Debt
Total Assets $369,949,358
Total Liabilities $44,486,736
Net Assets $325,462,622

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,647,614
Expenses
$14,405,380
Net Income
-$10,757,766
Net Assets
$337,818,064
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,651,365
> 100%
Bond Proceeds $0
Royalties $1,447,141
39.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,516
0.2%
Net Inventory Sales $0
Other Revenue -$1,456,408
Notable Expenses Percent of Total Expenses
Executive Compensation $2,251,282
15.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,688,679
18.7%
Assets/Debt
Total Assets $389,962,460
Total Liabilities $52,144,396
Net Assets $337,818,064

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,730,703
Expenses
$6,843,296
Net Income
$4,887,407
Net Assets
$347,182,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,184,074
35.7%
Bond Proceeds $0
Royalties $1,632,186
13.9%
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$847,589
Net Inventory Sales $0
Other Revenue $6,762,032
57.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,649,740
38.7%
Professional Fundraising Fees $0
Other Salaries and Wages $3,327,180
48.6%
Assets/Debt
Total Assets $401,324,497
Total Liabilities $54,142,272
Net Assets $347,182,225

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,026,464
Expenses
$15,474,645
Net Income
$16,551,819
Net Assets
$320,230,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,089,392
12.8%
Bond Proceeds $0
Royalties $798,066
2.5%
Rental Property Income $53,300
0.2%
Net Fundraising $0
Sales of Assets -$4,633
Net Inventory Sales $0
Other Revenue $27,090,340
84.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,357,079
15.2%
Professional Fundraising Fees $0
Other Salaries and Wages $3,176,602
20.5%
Assets/Debt
Total Assets $375,603,936
Total Liabilities $55,373,183
Net Assets $320,230,753

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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