Nonprofit · EIN 82-0403273
SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · WALLACE, ID 83873
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $76,509 | $66,976 | $9,533 | $118,024 | $3,779 | $114,245 |
| December 31, 2024 | 990-EZ | $68,645 | $65,238 | $3,407 | $108,432 | $3,709 | $104,723 |
| December 31, 2023 | 990-EZ | $63,522 | $62,176 | $1,346 | $104,849 | $3,533 | $101,316 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $46,980
- Membership dues
- $27,382
- Program service revenue
- $0
- Investment income
- $2,147
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $40,000
- Salaries, compensation and benefits (total)
- $43,273
- Professional fees and payments to contractors
- $3,275
- Occupancy
- $8,000
- Printing, publications and postage
- $78
- Other expenses
- $12,350
Balance sheet and other
- Total assets, start of year
- $108,421
- Total assets, end of year
- $118,024
- Total liabilities, end of year
- $3,779
- Net assets, end of year
- $114,245
- Cash, savings and investments
- $118,024
- Gross receipts
- $76,509
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAIGE OLSEN | EXECUTIVE DIRECTOR | 40 | $40,000 |
| DAN MARTINSEN | PRESIDENT | 5 | $0 |
| FRANK DURHAM | VICE PRESIDENT | 1 | $0 |
| GINA DOERSCHEL | TREASURER | 1 | $0 |
| JENNA ARTHUN | SECRETARY | 1 | $0 |
| ANDY HELKEY | DIRECTOR | 1 | $0 |
| BEN LITTLE | DIRECTOR | 1 | $0 |
| COLLEN ROSSON | DIRECTOR | 1 | $0 |
| Duane Little | Director | 1 | $0 |
| JEFF COLBURN | DIRECTOR | 1 | $0 |
| PAUL LEWIS | DIRECTOR | 1 | $0 |
| JUSTIN VALLEY | DIRECTOR | 1 | $0 |
| EMILY HASZ | DIRECTOR | 1 | $0 |
| MARK OWSLEY | DIRECTOR | 1 | $0 |
| Jen Reynolds | Director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAIGE OLSEN | EXECUTIVE DIRECTOR | 40 | $40,000 |
| DAN MARTINSEN | PRESIDENT | 1 | $0 |
| FRANK DURHAM | VICE PRESIDENT | 1 | $0 |
| GINA DOERSCHEL | TREASURER | 1 | $0 |
| JENNA ARTHUN | SECRETARY | 1 | $0 |
| ANDY HELKEY | DIRECTOR | 1 | $0 |
| BEN LITTLE | DIRECTOR | 1 | $0 |
| COLLEN ROSSON | DIRECTOR | 1 | $0 |
| JEFF COLBURN | DIRECTOR | 1 | $0 |
| PAUL LEWIS | DIRECTOR | 1 | $0 |
| JUSTIN VALLEY | DIRECTOR | 1 | $0 |
| EMILY HASZ | DIRECTOR | 1 | $0 |
| MARK OWSLEY | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAIGE OLSEN | Executive Dir. | 40 | $40,000 |
| DUANE LITTLE | Vice Chairman | 1 | $0 |
| COLLEEN L ROSSON | Director | 1 | $0 |
| FRANK DURHAM | Director | 1 | $0 |
| DAN MARTINSEN | Chairman | 5 | $0 |
| ANDY HELKEY | Director | 1 | $0 |
| GINA DOERSCHEL | Treasurer | 1 | $0 |
| JEFF COLBURN | Director | 1 | $0 |
| PAUL LEWIS | Director | 1 | $0 |
| MARGIE TODD | Director | 1 | $0 |
| BEN LITTLE | Director | 1 | $0 |
| JENNA GRANT-ARTHUN | Secretary | 1 | $0 |
| AUBREY MILLARD | Director | 1 | $0 |
| SCOTT HANEY | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 703 CEDAR ST, WALLACE, ID 83873-2309
- Signed the 990-EZ
- Gina Doerschel, Treasurer
- Phone
- (208) 752-5511
- Website
- silvervalleyedc.com
- Return prepared by
- Sio Enterprises
Mission
ECONOMIC DEVELOPMENT IN THE NORTH IDAHO COUNTIES
Program accomplishments
- Economic Development in the Northern Counties of Idaho
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-0403273
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $118,024
- Income (IRS master file)
- $76,509
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $76,509 | $66,976 | $118,024 | IRS |
| 990-EZ | December 2024 | $68,645 | $65,238 | $108,432 | XML |
| 990-EZ | December 2023 | $63,522 | $62,176 | $104,849 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-0403273).
Questions about SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION is 82-0403273.
- Is SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1986.
- Are donations to SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $40,000 (PAIGE OLSEN, EXECUTIVE DIRECTOR).
- How much revenue does SILVER VALLEY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $76,509, expenses of $66,976 and total assets of $118,024 at year end.
Other nonprofits in WALLACE
- SIERRA SILVER MINE TOUR INCORPORATED EIN 82-0375909 · last filed 990 for 2023
- SHOSHONE COUNTY WOMENS RESOURCE CENTER INC EIN 82-0374610 · last filed 990 for 2025
- FRANK A MORBECK COMMUNITY FOUNDATION INC EIN 82-0509175 · last filed 990-PF for 2025
- BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA EIN 82-0098725 · last filed 990 for 2026
- PRICHARD-MURRAY VOLUNTEER FIRE DEPARTMENT INC EIN 82-0360212 · last filed 990 for 2026
- WALLACE CHAMBER OF COMMERCE EIN 82-6027101 · last filed 990-EZ for 2025
- NORTHERN PACIFIC DEPOT FOUNDATION INC EIN 82-0401957 · last filed 990-EZ for 2024
- WALLACE DISTRICT MINING MUSEUM INC EIN 82-6009559 · last filed 990-N for 2025