Sandy Valley Transportation Services Inc
- Assets
- $8.8m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 84
- Location
- Prestonsburg, KY
- Founding
- 09/1979
- Data as of
- 06/2021
- EIN
- 61-0898928
Organization Overview
Sandy Valley Transportation Services Inc is located in Prestonsburg, KY. The organization was established in 1979. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 06/2021, Sandy Valley Transportation Services Inc employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sandy Valley Transportation Services Inc 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 06/2021, Sandy Valley Transportation Services Inc generated $10.5m 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 $9.0m during the year ending 06/2021. While expenses have increased by 3.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NON-EMERGENCY MEDICAL TRANSPORTATION AND RURAL PUBLIC TRANSPORTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANDY VALLEY TRANSPORTATION SERVICES, INC. PROVIDED OVER 4,200,000 CLIENT MILES FOR NON-EMERGENCY MEDICAL RIDES FOR BIG SANDY REGION MEDICAID RECIPIENTS AND PUBLIC TRANSPORTATION FOR SENIOR CITIZEN CENTERS, ADULT DAY CARE CENTERS, HOUSING AUTHORITIES, AND OTHER ENTITIES AND INDIVIDUALS. IT ALSO SERVED AS A BROKER PROVIDER OF THOSE SERVICES FOR THE KENTUCKY TRANSPORTATION CABINET-MULTIMODAL DIVISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Hinkle Director | Trustee | 40 | $102,666 |
Earlena Duncan Boardmember | Trustee | 0 | $0 |
Linda Haywood Secretary | Trustee | 0 | $0 |
Michael Howell Boardmember | Trustee | 0 | $0 |
Arbadella Reed Board Member | Trustee | 0 | $0 |
Diana Thacker Board Member | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wolf County Cab Inc Transportation | 6/29/21 | $1,096,991 |
Appalachian Transportation Transportation | 6/29/21 | $761,398 |
Baileys Cab Co Inc Dba Williams Cab Transportation | 6/29/21 | $452,973 |
J&m Transportation Llc Transportation | 6/29/21 | $367,214 |
C&c Cab Inc Transportation | 6/29/21 | $485,033 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,416,402 |
| Investment income | $14,025 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $51,098 |
| Net Gain/Loss on Asset Sales | $17,307 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,534,380 |
| Statement of Expenses | |
|---|---|
| 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. | $102,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,170,326 |
| Pension plan accruals and contributions | $521,435 |
| Other employee benefits | $738,416 |
| Payroll taxes | $179,824 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $161,594 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $780 |
| Office expenses | $25,366 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,283 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $781,155 |
| Insurance | $257,778 |
| All other expenses | $0 |
| Total functional expenses | $8,999,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,121,782 |
| Pledges and grants receivable | $211,358 |
| Accounts receivable, net | $794,993 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,570 |
| Prepaid expenses and deferred charges | $1,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,772,616 |
| Accounts payable and accrued expenses | $302,366 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $302,366 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $8,470,250 |