Silver Valley Economic Development Corporation

Nonprofit profile at a glance

EIN
820403273
IRS 990-EZ coverage
2012–2025
Forms available
Form 990-EZ 2025
Location
Wallace, ID, USA
Phone
2087525511
Rating
38
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$76,509
Expenses
$66,976
Assets
$118,024
Liabilities
$3,779

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • DAN MARTINSEN (PRESIDENT)
  • FRANK DURHAM (VICE PRESIDENT)
  • PAIGE OLSEN (EXECUTIVE DIRECTOR)

People named in this filing

  • DAN MARTINSEN (PRESIDENT)
  • FRANK DURHAM (VICE PRESIDENT)
  • GINA DOERSCHEL (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Economic development in the north Idaho counties

What it reported doing in 2025

Economic Development in the Northern Counties of Idaho

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 12.5%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 1.76; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 59.7%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -8.9% per year; rating input score 0; 30th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.