Overview
What is Valley Transit?
Valley Transit is a nonprofit organization situated in Wasilla, Alaska, specifically at 225 W Riley Ave. Their primary mission involves providing public transportation services, bridging the gap between Anchorage and the Mat-Su Valley for numerous individuals. This commuter service is dedicated to catering to the transportation needs of the Matanuska-Susitna community, ensuring seamless mobility within the region. With a workforce of 35 employees, Valley Transit plays a significant role in enhancing the daily lives of the local population.
Official website here: www.valleytransitak.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Valley Transit has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity's score is based entirely on the Accountability & Finance beacon, indicating a robust focus on maintaining high standards in these areas. This level of transparency is essential for fostering trust with donors and the community it serves.
The organization has demonstrated exceptional governance, with a fully independent board and strong financial oversight practices. Notably, it received perfect scores for its conflict of interest policy, whistleblower policy, and financial documentation practices. With a program expense ratio of 75.15%, a significant majority of its expenditures are directed towards its mission-driven activities, highlighting its commitment to effective resource allocation.
Despite the positive ratings, it is important for potential donors to consider that the rating is solely focused on accountability and financial metrics. While Valley Transit excels in these areas, there may be other qualitative aspects of its operations that are not reflected in this score. Overall, the charity stands out for its financial integrity and governance, making it a reliable choice for those looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Transit legitimate?
Valley Transit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Transit submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $104,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $777,507
For more financial information, click here
Official website here: www.valleytransitak.org
What is the mission statement of Valley Transit?
Valley Transit's mission is centered around providing public transportation to the Matanuska-Susitna community. In essence, their primary goal is to offer commuting services, facilitating transportation between Anchorage and the Mat-Su Valley for individuals. This service is instrumental in ensuring seamless mobility within the community, thereby promoting connectivity and accessibility for its residents.
Official website here: www.valleytransitak.org
Who is the CEO of Valley Transit?
Paul Beer is the President of Valley Transit.
Official website here: www.valleytransitak.org
What is the revenue of Valley Transit?
Valley Transit's revenue in 2022 was $2,143,235.
Official website here: www.valleytransitak.org
Who are the executives of Valley Transit and what are their salaries?
The average compensation at Valley Transit during 2022 was $25,191. There are 35 employees at Valley Transit.
Here are 8 key members and their salaries:
- Compensation: $101,469
- Related: $0
- Other: $26,469
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.valleytransitak.org
Where can I find the form 990 for Valley Transit?
Valley Transit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valleytransitak.org
Learn more at the official website: www.valleytransitak.org
Mission Statement of Valley Transit
Valley Transit, a notable entity, is committed to providing public transportation to the Matanuska-Susitna community. In simpler terms, its mission is to serve as a reliable transportation solution for individuals living in this community. More specifically, Valley Transit offers commuter services, ensuring seamless transport between Anchorage and the Mat-Su Valley. This service is instrumental in connecting people, fostering a sense of community, and enhancing the overall mobility of the region.
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Impact
July, 2024
Valley Transit's impact is significant in providing public transportation services to the Matanuska-Susitna community. By offering commuter services between Anchorage and the Mat-Su Valley, Valley Transit plays a crucial role in connecting individuals and enhancing transportation accessibility in the region. Their mission to provide public transportation directly benefits the community by offering a reliable and convenient mode of transportation for residents.
This information is meant to be a general summary of Valley Transit. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $95
- Program Service Revenue: $172,094
- Gross Receipts: $2,143,235
Assets and Liabilities:
- Total Assets: $1,983,601
- Total Liabilities: $449,477
- Net Assets: $1,534,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSPORTATION REVENUE
Revenue
$172,094
Organization Details
Founding Year
1999
Phone
(907) 376-5000Principal Officer
Paul Beer
Main Address
225 W RILEY AVE, WASILLA, AK, 99654
Website
www.valleytransitak.orgNTEE Category
Code: W40 - Public benefit
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