Silver Valley Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820403273 ✦ Wallace, ID ✦ Designated as a 501(c)(6)

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Overview

What is Silver Valley Economic Development Corporation?

The Silver Valley Economic Development Corporation, situated in Wallace, ID, serves as a driving force for economic growth in North Idaho's counties. Acting as a regional economic development entity, the corporation employs various programs to foster development within the area. Their primary objective is to stimulate economic growth and prosperity, contributing positively to the local community.


Official website here: www.silvervalleyedc.com

Is Silver Valley Economic Development Corporation legitimate?

Silver Valley Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Silver Valley Economic Development Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.silvervalleyedc.com

What is the mission statement of Silver Valley Economic Development Corporation?

The Silver Valley Economic Development Corporation, serving North Idaho counties, is dedicated to fostering economic growth. Acting as a local economic development entity, it pursues this goal through diverse programs. Its mission is to stimulate economic development, contributing to the region's prosperity and improvement. The organization does not provide a specific, detailed mission statement, but its activities clearly indicate a commitment to promoting economic growth and development within the North Idaho area.


Official website here: www.silvervalleyedc.com

Who is the CEO of Silver Valley Economic Development Corporation?

Gina Doerschel is the Treasurer of Silver Valley Economic Development Corporation.


Official website here: www.silvervalleyedc.com

What is the revenue of Silver Valley Economic Development Corporation?

Silver Valley Economic Development Corporation's revenue in 2022 was $45,681.


Official website here: www.silvervalleyedc.com

Who are the executives of Silver Valley Economic Development Corporation and what are their salaries?


Here are 14 key members and their salaries:


Duane Little (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen L Rosson (Director)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Frank Durham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Martinsen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Olsen (Executive Dir.)
  • Compensation: $29,167
  • Related: $0
  • Other: $0
Andy Helkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Doerschel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Colburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Todd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenna Grant-Arthun (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanna Hensley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Haney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.silvervalleyedc.com

Where can I find the form 990EZ for Silver Valley Economic Development Corporation?

Silver Valley Economic Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.silvervalleyedc.com

Learn more at the official website: www.silvervalleyedc.com

Mission Statement of Silver Valley Economic Development Corporation

Silver Valley Economic Development Corporation, abbreviated as SVEDC, is dedicated to fostering economic growth in North Idaho counties. This nonprofit organization serves as a catalyst for development, implementing a variety of programs tailored to the region's needs. Acting as an economic development entity, SVEDC works tirelessly to stimulate the local economy and improve the overall well-being of the communities it serves.

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Impact




October, 2024

The Silver Valley Economic Development Corporation plays a crucial role in promoting economic development across North Idaho counties. By implementing various programs and initiatives, the organization focuses on enhancing the local economy, fostering business growth, and supporting community improvement. Its strategic location in Wallace, ID, allows it to effectively serve the region, ensuring that economic opportunities are accessible to businesses and residents alike. The efforts of the Silver Valley Economic Development Corporation contribute to a more vibrant and sustainable economy, driving positive change and improving the overall quality of life in the area.




This information is meant to be a general summary of Silver Valley Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$45,681 (2022)
Expenses
$46,067 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9
  • Gross Receipts: $45,681

Assets and Liabilities:

  • Total Assets: $103,915
  • Total Liabilities: $3,945
  • Net Assets: $99,970

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Organization Details

Principal Officer

Gina Doerschel

Main Address

703 CEDAR STREET, WALLACE, ID, 83873

NTEE Category

Code: S30 - Community improvement

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