Company Profile: Akeela Inc.
Background
Akeela Inc., established in 1974, is a non-profit organization headquartered in Anchorage, Alaska. It offers a comprehensive array of behavioral health services, including outpatient and residential substance use treatment, mental health services, and prevention programs. Serving communities statewide, Akeela's mission is to enhance the ability of individuals and families to succeed in life.
Key Strategic Focus
Akeela's strategic focus centers on providing a continuum of care for individuals facing substance use and mental health challenges. This includes:
- Core Objectives: Delivering individualized treatment plans that address both primary and secondary issues, ensuring comprehensive support for clients.
- Areas of Specialization: Substance use disorder treatment, mental health services, and prevention programs tailored to the unique needs of Alaskans.
- Key Technologies Utilized: While specific technologies are not detailed, Akeela has invested in rebuilding and improving its IT infrastructure to enhance service delivery.
- Primary Markets Targeted: Individuals and families in Alaska, with a particular emphasis on those in the Southcentral and Southeast regions.
Financials and Funding
In the fiscal year ending June 30, 2024, Akeela reported:
- Total Revenues: $9,518,812
- Total Expenses: $13,802,973
- Net Assets: $11,030,024
The organization experienced a $3.5 million loss on the sale of assets due to the divestiture of its Ketchikan operations. Additionally, a $700,000 reduction in Medicaid revenue occurred following the closure of the Kar House in Ketchikan in October 2023. Despite these challenges, Akeela remains financially resilient, with a clean audit opinion for the fiscal year, indicating accurate and transparent financial reporting.
Pipeline Development
Akeela's service offerings include:
- Substance Use Treatment: Residential and outpatient programs in Anchorage, with services extending to other communities in Alaska.
- Mental Health Services: Outpatient care for adults and families, including general mental health services and emergency psychological services.
- Prevention Programs: Culturally competent, strength-based substance abuse prevention programming for Alaskans of all ages.
Technological Platform and Innovation
Akeela has undertaken significant investments to enhance its technological capabilities, including:
- IT Infrastructure Overhaul: A $160,000 investment in rebuilding and improving IT infrastructure across its facilities to support service delivery.
Leadership Team
Akeela's leadership team comprises:
- Courtney Donovan: Chief Executive Officer
- Shannon Greig, MBA: Chief Financial Officer
- Deanna Hudson: Chief Administrative Officer
- Daniel Gladden: Chief Operating Officer
- Nick Kraska: Chief Operating Officer
- Ron Richardson: Chief Clinical Officer
- Adam Hartzell: Chief Development Officer
- David Rhodes: Director of Human Resources
Market Insights and Competitor Analysis
The behavioral health services market in Alaska is characterized by a growing demand for comprehensive substance use and mental health treatment programs. Akeela's focus on culturally competent and strength-based approaches positions it well to meet the unique needs of Alaskan communities.
Key competitors in the region include:
- Copper River Native Association: Offers behavioral health services with a focus on Native Alaskan populations.
- Tanana Chiefs Conference: Provides health and social services to the Tanana Chiefs Conference region.
- Southcentral Foundation: Delivers comprehensive health and social services to Alaska Native people.
These organizations, along with Akeela, contribute to a collaborative environment aimed at addressing behavioral health challenges in Alaska.
Strategic Collaborations and Partnerships
Akeela collaborates with various state and federal agencies, including the Alaska Mental Health Trust Authority, to enhance service delivery and secure funding for infrastructure improvements.
Operational Insights
Akeela's decision to divest from Southeast Alaska operations reflects a strategic focus on core regions, aiming to strengthen its presence and impact in areas with the highest demand for services.
Strategic Opportunities and Future Directions
Looking ahead, Akeela plans to celebrate its 50th anniversary with a year-long series of events, reflecting on its history and contributions. The organization is also developing a strategic plan for 2024/2025 to guide its future growth and service expansion.
Contact Information
- Website: www.akeela.org
- LinkedIn: Akeela Inc.
- Facebook: Akeela Inc.
- Twitter: @AkeelaInc
- Instagram: @akeelainc
