Alliance 2005
- Assets
- $220.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Omak, WA
- Founding
- 02/2002
- Data as of
- 12/2020
- EIN
- 91-2058440
Organization Overview
Alliance 2005, operating under the name Economic Alliance, is located in Omak, WA. The organization was established in 2002. 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. As of 12/2020, Economic Alliance employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Alliance 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 12/2020, Economic Alliance generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2020. While expenses have increased by 27.1% per year over the past 6 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.
Since 2020, Economic Alliance has awarded 80 individual grants totaling $762,815. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PLAN, ORGANIZE, AND PROMOTE AN EDUCATION PROGRAM EXCLUSIVELY FOR PROMOTION OF ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ECONOMIC ALLIANCE PROMOTES AND COORDINATES ECONOMIC DEVELOPMENT ACTIVITIES IN OKANOGAN COUNTY. DURING THE PAST YEAR WE HAVE PROVIDED COUNSELING SERVICES THROUGH THE SMALL BUSINESS DEVELOPMENT CENTER TO OVER 123 ACTIVE CLIENTS. THESE CLIENTS WERE ABLE TO EITHER CREATE OR RETAIN 133 JOBS IN OKANOGAN COUNTY. WE ALSO HELPED TO COORDINATE FORUMS AND INFORMATIONAL MEETINGS WITH ORGANIZATIONS AND THE OKANOGAN COUNTY JOB FAIR, WHICH HELPS TO EDUCATE AND INFORM THE BUSINESS COMMUNITY. THE ECONOMIC ALLIANCE ALSO PROVIDES A HOME-BASE AND CLERICAL SUPPORT FOR THE OKANOGAN COUNTY TOURISM COUNCIL, WHICH HELPS TO SUPPORT THE TOURISM INDUSTRY IN OKANOGAN COUNTY. ECONOMIC ALLIANCE'S EXECUTIVE DIRECTOR SERVED AS BOARD MEMBER ON THE NCW ECONOMIC DEVELOPMENT DISTRICT, FAMILY HEALTH CENTERS BOARD, NCW CAREER CONNECT LEADERSHIP TEAM, NCW WORKFORCE DEVELOPMENT COUNCIL, WRIA 49 ADVISORY COMMITTEE, CAREER CONNECT LEADERSHIP TEAM, CFNCW HELPING HANDS GRANT COMMITTEE. OVER THE PAST YEAR, WE HAVE ALSO CONTINUED TO WORK WITH POSSIBLE NEW BUSINESS LOCATIONS TO OKANOGAN COUNTY AND RESPONDED TO LEADS RECEIVED FROM THE STATE. THE ECONOMIC ALLIANCE HAS ALSO PROVIDED INFORMATION TO COMPANIES LOOKING TO MOVE OR EXPAND TO OUR AREA AND PROVIDED THEM WITH DEMOGRAPHIC INFORMATION INCLUDING POPULATION, MAJOR EMPLOYERS, WORK FORCE, UTILITIES AND FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roni Holder-Diefenbach Executive Director | Officer | 40 | $63,525 |
Kurt Dansion Past Chairman | OfficerTrustee | 1 | $0 |
Lael Duncan Secretary | OfficerTrustee | 1 | $0 |
George Brady Chairman | OfficerTrustee | 1 | $0 |
Chris Branch 1st Vice Chair | OfficerTrustee | 1 | $0 |
Maria Lassila Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,229,799 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,311 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,287,110 |
| 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 | $1,289,298 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,018,987 |
| 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 | $134,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,141 |
| 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 | $254 |
| Advertising and promotion | $366 |
| Office expenses | $42,727 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,492 |
| Travel | $1,479 |
| 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 | $2,410 |
| All other expenses | $0 |
| Total functional expenses | $1,242,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,258 |
| 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 | $220,258 |
| Accounts payable and accrued expenses | $2,186 |
| 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 | $2,186 |
| Net assets without donor restrictions | $218,072 |
| 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 | $220,258 |
Grants Awarded
Over the last fiscal year, Alliance 2005 has awarded $762,815 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
GRILLO ROBECK DENTAL PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $20,000 |
FOUR BEARZ ENGINES LLC PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $19,999 |
NORTH CASCADES PROPANE PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $10,000 |
NORTH CASCADES ATHLETIC CLUB PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $10,000 |
FIDDLER FENCE PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $10,000 |
METHOW VALLEY JEWELERS COLLECTIVE PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alliance 2005 has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Washington State Microenterprise Association Olympia, WA | | $20,000 |
Community Foundation Of North Central Washington Wenatchee, WA PURPOSE: VARIOUS PURPOSES AS APPROVED BY CFNCW BOARD | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cook Inlet Lending Center Inc Anchorage, AK | $29,381,290 | $14,919,049 |
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 |
Food Roots Tillamook, OR | $436,936 | $587,342 |
Strongertowns Port Townsend, WA | $246,235 | $422,479 |
Iaf Northwest Seattle, WA | $144,672 | $327,249 |
Seabrook Community Foundation Pacific Beach, WA | $2,388,358 | $803,551 |
South Willamette Solutions Oakridge, OR | $15,189 | $0 |
Valley County Economic Development Council Inc Mccall, ID | $222,901 | $211,605 |
Rural Peoples Platform Winthrop, WA | $3,681 | $0 |