Glacier Valley Transit
- Assets
- $467.6k
- Revenue
- $502.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Girdwood, AK
- Founding
- 12/2011
- Data as of
- 06/2022
- EIN
- 27-4119122
Organization Overview
Glacier Valley Transit is located in Girdwood, AK. The organization was established in 2011. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glacier Valley Transit is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Glacier Valley Transit generated $502.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $444.9k during the year ending 06/2022. While expenses have increased by 4.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GLACIER VALLEY TRANSIT OPERATES A YEAR ROUND PUBLIC TRANSPORTATION SYSTEM WITH A FLEX ROUTE SERVICE IN GIRDWOOD, AK. GVT PROVIDES FREE AND RELIABLE TRANSIT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLACIER VALLEY TRANSIT OPERATES A YEAR-ROUND TRANSPORTATION BUSING SYSTEM WITH A FLEX ROUTE SERVICE IN GIRDWOOD, ALASKA. GVT PROVIDES FREE AND RELIABLE TRANSIT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Bartholomew Secretarytreasurer | OfficerTrustee | 1 | $0 |
Derek Brewer Vice President | OfficerTrustee | 1 | $0 |
Carol Makar President | OfficerTrustee | 1 | $0 |
Dawn Johnson Executive Director | Officer | 30 | $0 |
Tom Cubiz Director | Trustee | 1 | $0 |
Bryan Cothren Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $421,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $81,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $502,689 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $502,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,058 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,739 |
| Payroll taxes | $17,255 |
| Fees for services: Management | $13,805 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,209 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,570 |
| Office expenses | $2,826 |
| Information technology | $8,631 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,462 |
| Insurance | $39,220 |
| All other expenses | $1,041 |
| Total functional expenses | $444,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,891 |
| Savings and temporary cash investments | $100,005 |
| Pledges and grants receivable | $144,855 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,045 |
| Net Land, buildings, and equipment | $90,837 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $467,633 |
| Accounts payable and accrued expenses | $3,332 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,129 |
| Total liabilities | $68,461 |
| Net assets without donor restrictions | $399,172 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $467,633 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Glacier Valley Transit has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paratransit Services Bremerton, WA | $7,178,822 | $33,152,934 |
Central Area Rural Transit System Inc Soldotna, AK | $370,747 | $1,074,625 |
Glacier Valley Transit Girdwood, AK | $467,633 | $502,719 |
Interior Alaska Bus Line Tok, AK | $148,987 | $407,239 |
Trancare Wenatchee, WA | $156,009 | $342,829 |
Protran East Yakima, WA | $9,449 | $221,251 |
Logistics And Transportation Association Of North America Union, WA | $63,586 | $0 |
Giving To Fly Bothell, WA | $9,090 | $0 |