Civic Intelligence

Teton Valley Business Development

EIN 46-3840777 • 501(c)6 • Driggs, ID

Profile

To develop a stable and diverse economy by retaining, strengthening and recruiting businesses in teton valley.

PO Box 1557Driggs, ID 83422

www.madeintetonvalley.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

1.96x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.11x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

51st percentile

4.1%

Higher net margin than 51% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$50,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

94th percentile

57%

Faster asset growth than 94% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

194%

Faster revenue growth than 99% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$51,144

Up $18,517 (+57%) from 2023

Liabilities

Down

$100,000

Down $20,000 (-17%) from 2023

Net Assets

Up

-$48,856

Up $38,517 (+44%) from 2023

Revenue

Up

$941,045

Up $620,511 (+194%) from 2023

Expenses

Up

$902,528

Up $438,834 (+95%) from 2023

Net Income

Up

$38,517

Up $181,677 (+127%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2015: $10,436Liabilities 2015: $02015Assets 2016: $5,170Net Assets 2016: $5,1702016Assets 2017: $23,472Liabilities 2017: $7682017Assets 2018: $27,830Liabilities 2018: $168Net Assets 2018: $27,6622018Assets 2019: $30,309Liabilities 2019: $0Net Assets 2019: $30,3092019Assets 2020: $39,772Liabilities 2020: $0Net Assets 2020: $39,7722020Assets 2021: $62,069Liabilities 2021: $0Net Assets 2021: $62,0692021Assets 2023: $32,627Liabilities 2023: $120,000Net Assets 2023: -$87,3732023Assets 2024: $51,144Liabilities 2024: $100,000Net Assets 2024: -$48,8562024

Highlighted filing

2024

Assets$51,144
Liabilities$100,000
Net Assets-$48,856

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $64,201Expenses 2015: $74,525Net Income 2015: -$10,3242015Revenue 2016: $82,736Expenses 2016: $88,001Net Income 2016: -$5,2652016Revenue 2017: $121,722Expenses 2017: $104,188Net Income 2017: $17,5342017Revenue 2018: $184,281Expenses 2018: $179,322Net Income 2018: $4,9592018Revenue 2019: $247,959Expenses 2019: $244,048Net Income 2019: $3,9112019Revenue 2020: $210,776Expenses 2020: $201,313Net Income 2020: $9,4632020Revenue 2021: $163,195Expenses 2021: $140,898Net Income 2021: $22,2972021Revenue 2023: $320,534Expenses 2023: $463,694Net Income 2023: -$143,1602023Revenue 2024: $941,045Expenses 2024: $902,528Net Income 2024: $38,5172024

Highlighted filing

2024

Revenue$941,045
Expenses$902,528
Net Income$38,517

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 9, 2025
Return Version
2023v6.0
Gross Receipts
$941,045
Mission and Program Overview

Mission

To develop a stable and diverse economy by retaining, strengthening and recruiting businesses in teton valley.

Our mission is to encourage high-value, low-impact job creation; provide value and service to the business community and enhance the overall prosperity of teton valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,369$50,644▲ $42,275
Land, Buildings, and Equipment, Net$156--
Total Assets$32,627$51,144▲ $18,517
Other Assets Total$24,102$500▼ $23,602
Liabilities
Other Liabilities$120,000$100,000▼ $20,000
Total Liabilities$120,000$100,000▼ $20,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-87,373$-48,856▲ $38,517
Total Net Assets Fund Balance$-87,373$-48,856▲ $38,517
Total Liabilities and Net Assets / Fund Balance$32,627$51,144▲ $18,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,986$2,986
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brian McdermottExecutive DiFT$50,000$50,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$938,571
Program Service Revenue
$1,700
Investment Income
$774
Other Revenue
$0
All Other Contributions
$23,273
Change in Net Assets
$38,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$825,901
Salaries, Compensation, and Employee Benefits$76,627
Total Fundraising Expense$3,706
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$53,479$6,291$3,146$62,916
Other Salaries and Wages$7,733--$7,733
Payroll Taxes$5,180$532$266$5,978
Fees for Services Accounting-$5,441-$5,441
Insurance-$2,451-$2,451
All Other Expenses-$1,644$294$1,938
Other Expenses$2,000$1,608-$1,608
Occupancy-$1,500-$1,500
Advertising$1,274--$1,274
Travel$843--$843
Office Expenses-$759-$759
Depreciation Depletion$156--$156
Total Functional Expenses$876,296$22,526$3,706$902,528
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
N/p Private Donor$100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the board president and finance committee prior to finalization and filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed on an annual basis and enforced by the executive committee of the board of directors. It is a point of order before voting occurs.

Form 990, Page 6, Part VI, Line 15A

The performance of the executive director is reviewed annually by the board's executive committee. Salaries are based on evaluation of comparable market compensation. Evaluations and salary adjustments are discussed with the board of directors and documented.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Teton Regional Economic Coalition
EIN
46-3840777
Phone
2083541008
Address
PO BOX 1557, DRIGGS, ID 83422

Signing Officer

Name
Mark Farmer
Title
Chair
Phone
2063541008
Signed
2025-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andy Epperson
Formed
2013
Legal Domicile
Id
Voting Board Members
12
Independent Board Members
12
Employees
2

Preparer

Firm
Missy Colyer CPA Pllc
Address
2222 STEELHEAD DR, TETONIA, ID 83452-5012
Preparer
Missy Colyer CPA
Phone
2082013091
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

(1) crisis response: 20+ meetings tied to teton pass closure (communications, funding, recovery). (2)startup support: 15+ meetings for new businesses (retail, agriculture, tech). (3)collaboration: 30+ meetings with nonprofits, governments, and businesses to align resources. (4)grant oversight: managed 1.3m+ in grant funding with workforce development council for 1.17m childcare grant (budget tracking, overage resolution. (5)business recovery & new business/expansion: focused on post-teton pass business recovery (e.g., drive messaging for tourism, local retail communication). Collaboration with idaho transportation dept. (itd) for teton pass signage/updates, coordination with teton valley food pantry, mental health coalition, and community resource center for pass closure relief. Funding approved through idaho dept of commerce for businesses impacted due to pass closure.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0(1) CRISIS RESPONSE: 20+ MEETINGS TIED TO TETON PASS CLOSURE (COMMUNICATIONS, FUNDING, RECOVERY). (2)STARTUP SUPPORT: 15+ MEETINGS FOR NEW BUSINESSES (RETAIL, AGRICULTURE, TECH). (3)COLLABORATION: 30+ MEETINGS WITH NONPROFITS, GOVERNMENTS, AND BUSINESSES TO ALIGN RESOURCES. (4)GRANT OVERSIGHT: MANAGED 1.3M+ IN GRANT FUNDING WITH WORKFORCE DEVELOPMENT COUNCIL FOR 1.17M CHILDCARE GRANT (BUDGET TRACKING, OVERAGE RESOLUTION. (5)BUSINESS RECOVERY & NEW BUSINESS/EXPANSION: FOCUSED ON POST-TETON PASS BUSINESS RECOVERY (E.G., DRIVE MESSAGING FOR TOURISM, LOCAL RETAIL COMMUNICATION). COLLABORATION WITH IDAHO TRANSPORTATION DEPT. (ITD) FOR TETON PASS SIGNAGE/UPDATES, COORDINATION WITH TETON VALLEY FOOD PANTRY, MENTAL HEALTH COALITION, AND COMMUNITY RESOURCE CENTER FOR PASS CLOSURE RELIEF. FUNDING APPROVED THROUGH IDAHO DEPT OF COMMERCE FOR BUSINESSES IMPACTED DUE TO PASS CLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND FINANCE COMMITTEE PRIOR TO FINALIZATION AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ON AN ANNUAL BASIS AND ENFORCED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. IT IS A POINT OF ORDER BEFORE VOTING OCCURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE BOARD'S EXECUTIVE COMMITTEE. SALARIES ARE BASED ON EVALUATION OF COMPARABLE MARKET COMPENSATION. EVALUATIONS AND SALARY ADJUSTMENTS ARE DISCUSSED WITH THE BOARD OF DIRECTORS AND DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARK FARMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02063541008
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TETON REGIONAL ECONOMIC COALITION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MISSY COLYER CPA PLLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TETONIA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0834525012
ReturnHeader/PreparerPersonGrp/PhoneNum02082013091
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MISSY COLYER CPA
ReturnHeader/ReturnTs02025-07-16T13:27:21-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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