Nonprofit · EIN 92-0166625
VALLEY TRANSIT
Also known as MASCOT
Tax-exempt · WASILLA, AK 99654
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,599,454 | $2,996,211 | -$396,757 | $4,771,264 | $138,873 | $4,632,391 |
| June 30, 2024 | 990 | $2,300,424 | $2,952,966 | -$652,542 | $5,256,162 | $143,104 | $5,113,058 |
| June 30, 2023 | 990 | $6,749,692 | $2,228,404 | $4,521,288 | $6,083,927 | $112,424 | $5,971,503 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,358,072
- of which government grants
- $2,355,612
- Program service revenue
- $241,308
- Investment income
- $74
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $134,696
- Other salaries and wages
- $914,501
- Salaries, compensation and benefits (total)
- $1,333,718
- Professional fundraising fees
- $0
- Accounting fees
- $36,227
- Occupancy
- $187,250
- Depreciation
- $760,782
- Program services (functional)
- $2,455,251
- Management and general (functional)
- $540,960
Balance sheet and other
- Total assets, start of year
- $5,256,162
- Total assets, end of year
- $4,771,264
- Total liabilities, end of year
- $138,873
- Net assets, end of year
- $4,632,391
- Land, buildings and equipment
- $3,200,441
- Net assets without donor restrictions
- $4,548,482
- Net assets with donor restrictions
- $83,909
- Gross receipts
- $2,599,454
- Employees
- 33
- Volunteers
- 7
- Year formed
- 1999
- State of legal domicile
- AK
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER BUSCH | EXECUTIVE DI Officer | 40 | $130,545 | $23,366 |
| PAUL BEER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARGARET BILLINGER | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| BENJAMIN COLEMAN | TREASURER/SE Trustee or director | 2 | $0 | $0 |
| ROBERT WALDEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NORMAN BOUCHARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRYAN GEARY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| F STEVEN MAHONEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER BUSCH | EXECUTIVE DI Officer | 40 | $118,174 | $25,248 |
| PAUL BEER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARGARET BILLINGER | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| NORMAN BOUCHARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BENJAMIN COLEMAN | TREASURER/SE Trustee or director | 2 | $0 | $0 |
| BRYAN GEARY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| F STEVEN MAHONEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT WALDEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER BUSCH | EXECUTIVE DI Officer | 40 | $105,328 | $22,650 |
| PAUL BEER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| MARGARET BILLINGER | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| NORMAN BOUCHARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BENJAMIN COLEMAN | TREASURER/SE Trustee or director | 2 | $0 | $0 |
| BRYAN GEARY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| F STEVEN MAHONEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT WALDEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 225 W RILEY AVE, WASILLA, AK 99654-8020
- Principal officer (990 for 2024)
- PAUL BEER, 225 W RILEY AVE, WASILLA, AK 99654
- Signed the 990
- JENNIFER BUSCH, EXECUTIVE DIRECTOR
- Phone
- (907) 864-5000
- Return prepared by
- PORTER & ALLISON INC
Mission
PROVIDE PUBLIC TRANSPORTATION TO THE MATANUSKA-SUSITNA COMMUNITY.
Program accomplishments
- DEMAND SERVICES - PROVIDE PUBLIC TRANSPORTATION AND MOBILITY TO MATANUSKA- SUSITNA COMMUNITY WITH PRIMARY EMPHASIS ON LOW-INCOME RIDERSHIP.Expenses $1,351,111 · revenue $75,411
- COMMUTER SERVICES - PROVIDE TRANSPORTATION SERVICES BETWEEN ANCHORAGE AND THE MAT-SU VALLEY FOR INDVIDUALS.Expenses $1,104,140 · revenue $165,897
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0166625
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W40)
- Assets (IRS master file)
- $4,771,264
- Income (IRS master file)
- $2,599,454
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,599,454 | $2,996,211 | $4,771,264 | IRS |
| 990 | June 2024 | $2,300,424 | $2,952,966 | $5,256,162 | XML |
| 990 | June 2023 | $6,749,692 | $2,228,404 | $6,083,927 | XML |
| 990 | June 2022 | $2,143,235 | $1,935,529 | $1,983,601 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 92-0166625).
Questions about VALLEY TRANSIT
- What is the EIN of VALLEY TRANSIT?
- The employer identification number (EIN) of VALLEY TRANSIT is 92-0166625.
- Is VALLEY TRANSIT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to VALLEY TRANSIT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY TRANSIT 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 VALLEY TRANSIT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY TRANSIT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VALLEY TRANSIT?
- The 990 for the year ended June 30, 2025 names PAUL BEER.
- Who are the officers and directors of VALLEY TRANSIT?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $130,545 (JENNIFER BUSCH, EXECUTIVE DI).
- How much revenue does VALLEY TRANSIT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,599,454, expenses of $2,996,211 and total assets of $4,771,264 at year end.
Other nonprofits in WASILLA
- SUSITNA POST NO 9365 VETERANS OF FOREIGN WARS OF THE UNITED STATES EIN 92-6002956 · last filed 990 for 2025
- AMVETS EIN 90-0121480 · last filed 990 for 2025
- LAST FRONTIER HONOR FLIGHT INC EIN 46-2295581 · last filed 990 for 2025
- MAT SU VETERANS FOUNDATION INC EIN 73-1728378 · last filed 990-EZ for 2025
- SOUTH LAKES COMMUNITY COUNCIL EIN 99-3165445 · last filed 990-N for 2025
- AMVETS CH 9 RIDERS EIN 33-1538510 · last filed 990-N for 2025
- ALASKA VETERAN SPORTS INC EIN 45-4877372 · last filed 990-N for 2025
- WASILLA CHAMBER FOUNDATION INC EIN 99-2454754 · last filed 990-N for 2025
All nonprofits in WASILLA · Alaska · Public and societal benefit