Alliance 2005
- Assets
- $420.4k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Omak, WA
- Founding
- 02/2002
- Data as of
- 12/2023
- 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 12/2023, Economic Alliance employed 5 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 12/2023, Economic Alliance generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $879.8k during the year ending 12/2023. While expenses have increased by 12.9% per year over the past 9 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 82 individual grants totaling $794,815. 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
2023
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 100 ACTIVE CLIENTS WITH 12 NEW BUSINESS STARTUPS. THESE CLIENTS WERE ABLE TO EITHER CREATE OR RETAIN 83 JOBS IN OKANOGAN COUNTY. THE ECONOMIC ALLIANCE ALSO HELPED TO COORDINATE FORUMS AND INFORMATIONAL MEETINGS WITH ORGANIZATIONS, WHICH HELPS TO EDUCATE AND INFORM THE BUSINESS COMMUNITY. THE ECONOMIC ALLIANCE IS ALSO THE SMALL BUSINESS RESOURCE AND TECHNOLOGY CENTER, WHICH ALLOWS BUSINESSES ACCESS TO TECHNOLOGY NEEDED TO HELP THEM DEVELOP OR EXPAND INTO THE ONLINE MARKETPLACE. 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, AND NCW WORKFORCE DEVELOPMENT COUNCIL. 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 PROVIDE 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 | $85,034 |
Kurt Dansion Chairman | OfficerTrustee | 1 | $0 |
Anna Dalbey 1st Vice Chairman | OfficerTrustee | 1 | $0 |
Maria Lassila 2nd Vice Chairman | OfficerTrustee | 1 | $0 |
Lael Duncan Past Chairman | OfficerTrustee | 1 | $0 |
Chris Branch Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $825,137 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,815 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,029,952 |
| 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 | $1,037,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $531,365 |
| 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. | $97,790 |
| Compensation of current officers, directors, key employees. | $48,895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,899 |
| Payroll taxes | $17,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,139 |
| 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 | $4,872 |
| Advertising and promotion | $4,373 |
| Office expenses | $45,866 |
| Information technology | $1,097 |
| Royalties | $0 |
| Occupancy | $18,801 |
| Travel | $13,606 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,564 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,953 |
| All other expenses | $0 |
| Total functional expenses | $879,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,430 |
| 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 | $100,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $420,430 |
| Accounts payable and accrued expenses | $2,527 |
| 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 | $2,527 |
| Net assets without donor restrictions | $417,903 |
| 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 | $420,430 |
Grants Awarded
Over the last fiscal year, Alliance 2005 has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ED HOVEE & COMPANY LLC PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $20,000 |
ACRS PURPOSE: TO ASSIST A SMALL BUSINESS WITH EXPENSES TO KEEP THE BUSINESS OPEN. | $12,000 |