Fly Sun Valley Alliance Inc
- Assets
- $3.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Ketchum, ID
- Founding
- 05/2008
- Data as of
- 09/2021
- EIN
- 39-2070791
Organization Overview
Fly Sun Valley Alliance Inc is located in Ketchum, ID. The organization was established in 2008. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fly Sun Valley Alliance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2021, Fly Sun Valley Alliance Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.0m during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AIR SERVICE TO THE WOOD RIVER VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF FLY SUN VALLEY ALLIANCE IS TO IMPROVE AIR SERVICE TO THE WOOD RIVER VALLEY. A MAJOR PART OF THIS EFFORT INVOLVES PROVIDING AIR SERVICE CONTRACT FEES TO AIRLINES TO SERVE THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Waller Executive Di | Officer | 40 | $118,800 |
John Curnow President | OfficerTrustee | 2 | $0 |
Tim Silva Vice Preside | OfficerTrustee | 2 | $0 |
Walt Denekas Treasurer | OfficerTrustee | 2 | $0 |
Jack Hand Secretary | OfficerTrustee | 2 | $0 |
Wally Huffman Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $657,831 |
| Noncash contributions included in lines 1a–1f | $260,151 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $657,831 |
| Total Program Service Revenue | $1,000,000 |
| Investment income | $2,466 |
| 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 | $1,660,297 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $118,800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,651 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,110 |
| Advertising and promotion | $26,741 |
| Office expenses | $2,044 |
| Information technology | $0 |
| 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 | $0 |
| Insurance | $1,902 |
| All other expenses | $0 |
| Total functional expenses | $2,003,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,161,561 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,125 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,221,686 |
| Accounts payable and accrued expenses | $171,967 |
| Grants payable | $0 |
| Deferred revenue | $375,283 |
| 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 | $0 |
| Total liabilities | $547,250 |
| Net assets without donor restrictions | $2,674,436 |
| 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 | $3,221,686 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rocky Mountain Community Reinvestment Corporation Salt Lake City, UT | $241,166,960 | $12,007,635 |
Southeast Idaho Council Of Governments Pocatello, ID | $3,930,475 | $5,896,264 |
Polk Community Development Corporation Dallas, OR | $22,075,845 | $5,307,917 |
Linn Economic Development Group Albany, OR | $31,589,789 | $17,862,142 |
Fly Sun Valley Alliance Inc Ketchum, ID | $3,221,686 | $1,660,297 |
Rainier Valley Community Development Fund Seattle, WA | $31,147,402 | $2,128,403 |
Lifting Generations Inc Sandy, UT | $0 | $1,447,141 |
Idaho Freedom Foundation Inc Boise, ID | $1,060,200 | $895,196 |
Northern Nv Development Authority Carson City, NV | $502,457 | $853,531 |
Albina Vision Inc Portland, OR | $1,749,846 | $2,276,354 |
Malheur Watershed Council Ontario, OR | $174,381 | $754,956 |
Northwest Minority Supplier Development Council Tukwila, WA | $1,329,089 | $1,211,694 |