SANTA YNEZ VALLEY AIRPORT AUTHORITY

EIN: 770321025 501(c)(3) Public & Societal Benefit

SANTA YNEZ, CA

Total Revenue
$741,234
Total Expenses
$639,190
Total Assets
$2,856,822
Net Assets
$2,720,834
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
JOURDI DE WERD
Phone
8056888390
Tax Period
2023-07-01 to 2024-06-30

SANTA YNEZ VALLEY AIRPORT AUTHORITY, founded in 1993, is a small nonprofit in the Public & Societal Benefit sector that reported $741K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $639K left a modest 14% surplus.

Mission

SYVAA LEASES, MANAGES, AND OPERATES THE SANTA YNEZ VALLEY AIRPORT FOR THE BENEFIT OF SANTA BARBARA COUNTY, THE COMMUNITY IN WHICH THE AIRPORT IS LOCATED, AND THE AIRPORT USERS. THE AIRPORT IS OWNED BY SANTA BARBARA COUNTY AND IS OPERATED BY 9 ELECTED VOLUNTEERS KNOWN AS THE SANTA YNEZ VALLEY AIRPORT AUTHORITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $98,350
Program Service Revenue $24,224
Investment Income $23,704
Other Revenue $594,956
TOTAL REVENUE $741,234

Expense Breakdown

Grants Paid $0
Salaries & Benefits $157,224
Fundraising Expenses $1,175
Program Expenses $456,189
Other Expenses $481,966
TOTAL EXPENSES $639,190

Year-over-Year Comparison

2023 2022 Change
Revenue $741,234 $669,796 +0.1%
Expenses $639,190 $545,786 +0.2%
Net Income $102,044 $124,010 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
24

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOURDI DE WERD PRESIDENT 6.00
Officer Director
$0 $0 $0
WILLIAM KRAUCH TREASURER 5.00
Officer Director
$0 $0 $0
BRUCE MCGOWAN SECRETARY 4.00
Officer Director
$0 $0 $0
GARTH CARRIER DIRECTOR 1.00
Director
$0 $0 $0
JAMES CLELAND DIRECTOR 1.00
Director
$0 $0 $0
PATTY HAMMEL DIRECTOR 1.00
Director
$0 $0 $0
ALLAN JONES DIRECTOR 1.00
Director
$0 $0 $0
CAREY KENDALL DIRECTOR 1.00
Director
$0 $0 $0
RYAN MCGILL DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $741,234 $639,190 $2,856,822 $102,044
2023 $669,796 $545,786 $2,753,208 $124,010
2022 $658,337 $457,530 $2,711,993 $200,807
2021 $579,613 $415,974 $2,402,682 $163,639
2020 $476,028 $431,979 $2,489,613 $44,049
2019 $607,919 $474,768 $2,461,253 $133,151
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