Valley County Economic Development Council Inc
- Assets
- $222.9k
- Revenue
- $211.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Mccall, ID
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 61-1730140
Organization Overview
Valley County Economic Development Council Inc is located in Mccall, ID. The organization was established in 2014. According to its NTEE Classification (S32) the organization is classified as: Rural 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. Valley County Economic Development Council 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 12/2021, Valley County Economic Development Council Inc generated $211.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $113.2k during the year ending 12/2021. 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
ECONOMIC DEVELOPMENT FOR THIS REGION
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS RETENTION AND EXPANSION (OUTREACH): THE WCMEDC CONNECTED WITH 85 ORGANIZATIONS. WE WORKD CLOSELY WITH IDAHO DEPTS. OF COMMERCE, LABOR, AND CAREER AND TECHNICAL EDUCATION, AMOUNG OTHERS, TO IDENTIFY OPPORTUNITIES FOR WORKFORCE DEVELOPMENT AND ENHANCEMENT, TAX INCENTIVES, TRAINING PROGRAMS, GRANTS, AND COMMUNITY DEVELOPMENT. THIS FUNCTION IS VITAL TO THE WELL BEING OF OUR BUSINESS AND NONPROFIT COMMUNITIES. OUR OUTREACH AND PROMOTION OF PROGRAMMING ACROSS THE WEST CENTRAL MOUNTAINS HAS RESULTED IN A BETTER TRAINED WORKFORCE, AND GREATER RETENTION OF LOCAL TALENT. MAJOR WINS INCLUDE PROVIDING BUSINESS OWNERS TRAINING ON GRANTS AND FINANCE, DOING BUSINESS WITH THE GOVERNMENT (THROUGH OUR PARTNERS AS THE IDAHO SMALL BUSINESS DEVELOPMENT CENTER); PROMOTING AND ASSEMBLING FEDERAL REGISTEREDAPPRENTICESHIPS IN NUMBEROUS INDUSTRIES; HELPING TO PROMOTE REGIONAL COMMUNITY DEVELOPMENT INITIATIVES LIKE HOUSING, EDUCATION, AND INFRASTRUCTURE; AND SECURING A GRANT FROM THE IDAHO DEPT. OF LABOR TO TRAIN 3 CNA'S AND 2 PARAMEDICS IN CASCADE, ID. THE TOTAL NUMBER OF BENEFICIARIES FROM THIS ACTIVITY IS APPROXIMATELY 10,000- RESIDENTS OF THE REGION.
THE WCMEDC BUILT A WORKFORCE DEVELOPMENT PLATFORM, ALONGSIDE SEVERAL NONPROFIT AND GOVERNMENTAL PARTNERS, THAT IS ENHANCING CAREER AND TECHNICAL EDUCATION (CTE) AND APPRENTICESHIP ENGAGEMENT IN COMMUNITIES. THE WCMEDC ENGAGED THE IDAHO POLICY INSTITUTE TO ASSIST WITH IN DEPTH RESEARCH TO DETERMINE GAPS BETWEEN HIGH SCHOOL STUDENT PLANS AFTER GRADUATION AND INDUSTRY SKILLS NEEDS. FROM THERE THE WCMEDC HAS BEGUN WORKING WITH AREA SCHOOL DISTRICTS TO EXPAND CTE PROGRAMMING AND APPRENTICESHIP OPPORTUNITIES FOR STUDENTS, AS WELL AS NEW TRAINING PROGRAMS, INCLUDING ONE IN THE CULINARY ARTS.
THE WCMEDC REGION IS PRIMARILY A VACATION AND RESORT AREA THAT RELIES ON THE SERVICE INDUCTY. THE WCMEDC ACTIVITIES AND INITIATIVES FOCUS ON IMPROVING THE RECREATIONAL ACTIVITIES AND JOB OPPORTUNITIES IN THE AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Maupin Director | Trustee | 2 | $0 |
Cynda Herrick Director | Trustee | 2 | $0 |
Vonna Torrey Secretary | Trustee | 0 | $0 |
Julie Good Treasurer | Trustee | 1 | $0 |
Belinda Provancher Director | Trustee | 0 | $0 |
Linnea Hall Board Member | Trustee | 1 | $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 | $211,605 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,605 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $211,605 |
| 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 | $64,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $549 |
| Office expenses | $2,338 |
| 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 | $0 |
| All other expenses | $13 |
| Total functional expenses | $113,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,901 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $222,901 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $222,901 |
| 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 | $222,901 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valley County Economic Development Council Inc has recieved totaling $140,000.
| Awarding Organization | Amount |
|---|---|
| $70,000 | |
| $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Organization Of Resource Billings, MT | $7,655,474 | $9,479,621 |
Dubois Community Project Inc Dubois, WY | $25,993 | $2,941 |
New West Community Capital Inc Boise, ID | $45,251,574 | $3,085,847 |
Alliance 2005 Omak, WA | $220,258 | $1,289,298 |
Lemhi County Economic Development Corporation Salmon, ID | $408,880 | $806,548 |
Hopexchange Inc Scio, OR | $468,873 | $942,517 |
The Blessing Projects Moran, WY | $225,465 | $598,592 |
Montana Cooperative Development Center Inc Great Falls, MT | $357,457 | $497,645 |
Food Roots Tillamook, OR | $436,936 | $587,342 |
Strongertowns Port Townsend, WA | $246,235 | $422,479 |
Epicenter Greenriver, UT | $185,562 | $321,200 |
Iaf Northwest Seattle, WA | $144,672 | $327,249 |