2023-09-13T08:19:18-05:00 2022-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2022-01-01 520887806 INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL INTE 2022234735 1275 K STREET NW WASHINGTON DC 20005 NATHAN OHLE PRESIDENT & CEO 2022234735 2023-09-13 1 NATHAN OHLE 999009999 0 ERIN CRANMER P01712644 2023319880 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NATHAN OHLE 1275 K STREET NW WASHINGTON DC 20005 11311787 0 X WWW.IEDCONLINE.ORG X 2001 WI IEDC WORKS TO HELP ECONOMIC DEVELOPERS DO THEIR JOBS MORE EFFECTIVELY, AND TO RAISE THE PROFILE OF THE PROFESSION. IF WE SUCCEED, OUR MEMBERS CREATE MORE HIGH-QUALITY JOBS, DEVELOP MORE VIBRANT COMMUNITIES, AND GENERALLY IMPROVE THE QUALITY OF LIFE IN THEIR REGIONS. TO THAT END, WE PROVIDE INFORMATION ON TRENDS AND BEST PRACTICES, NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT COURSES AND NUMEROUS OTHER SERVICES. 55 55 46 0 192905 152689 1170710 4561064 6548593 6712838 44094 37885 513310 0 8276707 11311787 0 0 0 0 3985819 4179960 0 0 0 3962379 4298727 7948198 8478687 328509 2833100 9406539 12005154 4448391 4213906 4958148 7791248 X IEDC WORKS TO HELP ECONOMIC DEVELOPERS DO THEIR JOBS MORE EFFECTIVELY, AND TO RAISE THE PROFILE OF THE PROFESSION. IF WE SUCCEED, OUR MEMBERS CREATE MORE HIGH-QUALITY JOBS, DEVELOP MORE VIBRANT COMMUNITIES, AND GENERALLY IMPROVE THE QUALITY OF LIFE IN THEIR REGIONS. TO THAT END, WE PROVIDE INFORMATION ON TRENDS AND BEST PRACTICES, NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT COURSES AND NUMEROUS OTHER SERVICES. 0 0 4634998 6519933 THE IEDC ADVISORY SERVICES AND RESEARCH (ASR) DEPARTMENT WORKED TO IMPROVE ECONOMIC OPPORTUNITIES FOR COMMUNITIES AND REGIONS PROVIDED TECHNICAL ASSISTANCE AND CUSTOMIZED ANALYSIS THAT HELPED CREATED SUSTAINABLE ECONOMIC DEVELOPMENT SOLUTIONS. WE KEPT ECONOMIC DEVELOPMENT PROFESSIONALS INFORMED ON ISSUES AND TRENDS IN THE FIELD THROUGH RESEARCH, PUBLICATIONS AND INFORMATION DISSEMINATION. 4634998 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45 0 1 46 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 55 55 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI OH X THE ORGANIZATION 2022234735 1275 K STREET NW WASHINGTON DC 20005 TODD GREENE BOARD CHAIR 6.00 X X 0 0 0 JONAS PETERSON DIRECTOR 4.00 X 0 0 0 SCOTT MARTINEZ DIRECTOR 4.00 X 0 0 0 CHRIS MASINGILL DIRECTOR 4.00 X 0 0 0 JUAN PABLO ALCANTAR DIRECTOR 4.00 X 0 0 0 BETH BOWMAN DIRECTOR 4.00 X 0 0 0 DAVID GRIGGS DIRECTOR 4.00 X 0 0 0 DANIELLE CASEY DIRECTOR 4.00 X 0 0 0 MICHAEL CATSI DIRECTOR 4.00 X 0 0 0 BARBRA COFFEE CHAIR, EXTERNAL MEMBER RELATIONS 6.00 X X 0 0 0 JIM COLLARD DIRECTOR 4.00 X 0 0 0 RODNEY CRIM DIRECTOR 4.00 X 0 0 0 WILLIAM CRONIN DIRECTOR 4.00 X 0 0 0 JULIE CURTIN DIRECTOR 4.00 X 0 0 0 BRYAN DANIELS CHAIR, PLANNING AND BUSINESS DEVELOPMENT 4.00 X 0 0 0 HALDANE DAVIES DIRECTOR 4.00 X 0 0 0 JARED SMITH DIRECTOR 4.00 X 0 0 0 DENNIS FRAISE DIRECTOR 4.00 X 0 0 0 JENNIFER WAKEFIELD DIRECTOR 4.00 X 0 0 0 JESSICA PAOLINI DIRECTOR 4.00 X 0 0 0 TRISH HEIDENREICH DIRECTOR 4.00 X 0 0 0 CLYDE HIGGS DIRECTOR 4.00 X 0 0 0 GREGORY HITCHIN DIRECTOR 4.00 X 0 0 0 MIGNONNE HOLLIS DIRECTOR 4.00 X 0 0 0 MOLLY HOWEY CHAIR, PERFORMANCE OVERSIG 6.00 X X 0 0 0 EIAN JOHNSON DIRECTOR 4.00 X 0 0 0 SEONAH KENDALL DIRECTOR 4.00 X 0 0 0 LINDSEY KIMBALL DIRECTOR 4.00 X 0 0 0 RONALD KITCHENS DIRECTOR 4.00 X 0 0 0 ELOISA KLEMENTICH BOARD SECRETARY/ TREASURER 6.00 X X 0 0 0 CHRIS KNIGHT DIRECTOR 4.00 X 0 0 0 MAUREEN KRAUSS DIRECTOR 4.00 X 0 0 0 JOI CUARTERO DIRECTOR 4.00 X 0 0 0 BARB LAMUE DIRECTOR 4.00 X 0 0 0 JOSH MEJIA DIRECTOR 4.00 X 0 0 0 JOY WILKINS DIRECTOR 4.00 X 0 0 0 DAVID LEEZER DIRECTOR 4.00 X 0 0 0 KELLY L SLEDGE DIRECTOR 4.00 X 0 0 0 AMY CASE-MADISON DIRECTOR 4.00 X 0 0 0 SCOTT MARTINEZ DIRECTOR 4.00 X 0 0 0 HEATHER MCDANIEL DIRECTOR 4.00 X 0 0 0 REBECCA MOUDRY DIRECTOR 4.00 X 0 0 0 QUENTIN MESSER DIRECTOR 4.00 X 0 0 0 ANN MARIE MILLER DIRECTOR 4.00 X 0 0 0 BETHANY MILLER DIRECTOR 4.00 X 0 0 0 ROB WILLIAMS DIRECTOR 4.00 X 0 0 0 RYAN M SILVA DIRECTOR 4.00 X 0 0 0 JONATHAN MORGAN DIRECTOR 4.00 X 0 0 0 MIKE NEAL DIRECTOR 4.00 X 0 0 0 TAMIKA JENKINS DIRECTOR 4.00 X 0 0 0 JONAS PETERSON DIRECTOR 4.00 X 0 0 0 DON PIERSON DIRECTOR 4.00 X 0 0 0 COURTNEY POGUE DIRECTOR 4.00 X 0 0 0 DAN SILVERMAN DIRECTOR 4.00 X 0 0 0 LYNEIR RICHARDSON DIRECTOR 4.00 X 0 0 0 JEFFREY FINKLE PRESIDENT & CEO 40.00 X 255413 0 32529 SHARON COY VP OF FINANCE AND CFO 40.00 X 191939 0 26978 NATHANIEL OHLE PRESIDENT & CEO 40.00 X 353592 0 41503 ALIA IQBAL VP OF FINANCE AND CFO 40.00 X 20432 0 0 JUANITA CLOGSTON VP OF KMD 40.00 X 199566 0 11844 MATTHEW MULLIN VP OF POLICY & COMMUNICATI 40.00 X 150525 0 26476 PHILIP GOODWIN VP OF MEMBER RELATIONS 40.00 X 133933 0 24590 CALUDIA BELLONY SENIOR MANAGER OF PROGRA 40.00 X 101294 0 24310 EMILY BROWN SENIOR DIRECTOR OF KMD 40.00 X 104774 0 18743 JASON CHRISTIAN SENIOR DIRECTOR OF IT 40.00 X 108848 0 35785 TODD LANG SENIOR ECONOMIC DEVELOPMENT ASSOCIATE 40.00 X 114479 0 18494 1734795 0 261252 10 0 1 0 PHILANTHROPY DYNAMICS LLC 2930 FESSENDEN STREET NW WHASHINTON DC 20008 CONSULTANT 179730 QUENTIN R LIDE 4710 STRATHMORE AVENUE KENSINGTON MD 20895 CONSULTANT 175285 ERNST & YOUNG LLP P O BOX 640382 PITTSBURG PA 15264 STRATEGIC PLAN 130420 3 962730 3598334 4561064 CONFERENCE 900099 2657186 2657186 MEMBER DUES 900099 1551831 1551831 EDUCATION/CERTIFICATION 900099 1431969 1431969 ADVISORY SERVICES 900099 878947 878947 EMPLOYMENT SERVICES 561300 192905 192905 6712838 37885 37885 11311787 6519933 192905 37885 X 922386 102456 819930 2397102 1196299 1200803 187325 90519 96806 440223 189858 250365 232924 93188 139736 65240 65240 1705007 1266898 438109 16231 12804 3427 353384 263788 89596 75738 75738 217726 217726 192219 133335 58884 1009258 975845 33413 42105 42105 77025 77025 UBI INCOME TAX EXPENSE 86656 86656 BANK CHARGES 245690 245690 DUES AND SUBSCRIPTIONS 91945 60634 31311 DESIGN 81792 81792 38711 167582 -128871 8478687 4634998 3843689 0 2398474 2273405 330660 1373982 1057001 3200845 46572 39011 450141 481494 1189077 936347 282223 252730 3160963 2912593 667488 604252 1013017 866842 9406539 12005154 709478 425198 1755080 1944347 1983833 1844361 4448391 4213906 X 4485101 3985354 473047 3805894 4958148 7791248 9406539 12005154 2833100 0 X X 0 1 X 1 1 1 X 2150441 864726 1087988 1170710 4561064 9834929 3896954 5268826 6010368 6548593 6519933 28244674 6047395 6133552 7098356 7719303 11080997 38079603 0 0 0 38079603 44417 66665 51078 44094 37885 244139 44417 66665 51078 44094 37885 244139 109918 152805 108706 191700 192905 756034 6201730 6353022 7258140 7955097 11311787 39079776 0.97440 0.97230 0.00620 0.00730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1189077 936347 252730 252730 DEFERRED COMPENSATION INVESTMENT 604252 C 604252 SECURITY DEPOSITS 22321 RIGHT OF USE ASSET 844521 866842 DEFERRED COMPENSATION LIABILITY 604252 LEASE LIABILITY 1240109 1844361 X 11464473 152686 152686 11311787 0 11311787 8631373 152686 152686 8478687 0 8478687 PART X, LINE 2: THE COUNCIL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE COUNCIL'S TAX POSITIONS AND HAS CONCLUDED THAT THE COUNCIL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE COUNCIL WOULD BE LIABLE FOR INCOME TAXES IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE COUNCIL IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES BEFORE 2019. 1 X X X X X X 0 0 0 0 0 0 0 0 0 NATHANIEL OHLE PRESIDENT & CEO 353592 0 0 0 0 0 25269 0 16234 0 395095 0 0 0 JEFFREY FINKLE PRESIDENT & CEO 255413 0 0 0 0 0 13249 0 19280 0 287942 0 0 0 SHARON COY VP OF FINANCE AND CFO 191939 0 0 0 0 0 14850 0 12128 0 218917 0 0 0 JUANITA CLOGSTON VP OF KMD 199566 0 0 0 0 0 10360 0 1484 0 211410 0 0 0 MATTHEW MULLIN VP OF POLICY & COMMUNICATI 150525 0 0 0 0 0 17473 0 9003 0 177001 0 0 0 PHILIP GOODWIN VP OF MEMBER RELATIONS 133933 0 0 0 0 0 15740 0 8850 0 158523 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDED A COPY OF THE FORM 990 TO ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C IEDC WILL PERIODICALLY REQUIRE EACH BOARD MEMBER TO COMPLETE A CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD'S COMPENSATION COMMITTEE REVIEWS THE EMPLOYMENT AGREEMENT AND COMPENSATION ANNUALLY. THEY ARE COMPARED AGAINST OTHER NON-PROFITS WITH COMPARABLE SIZE. IEDC HAD AN ORGANIZATIONAL COMPENSATION STUDY COMPLETED BY QUATT ASSOCIATES DURING 2016. STAFF SALARIES WERE ADJUSTED TO THE MEDIAN SALARY FOR ALL POSITIONS ON THE ANNIVERSARY DATE OF EACH EMPLOYEE'S LAST SALARY INCREASE IN 2017. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE CFO. THE CONFLICT OF INTEREST INFORMATION CAN BE REQUESTED FROM THE PRESIDENT & CEO. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 1,266,898. MANAGEMENT AND GENERAL EXPENSES 438,109. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,705,007. FORM 990, PART XII, LINE 2C IEDC'S AUDIT COMMITTEE IS COMPRISED OF 3 BOARD MEMBERS WHO HAVE OVERSIGHT OF THE AUDIT PROCESS. THE ORGANIZATION'S AUDITOR SENDS CORRESPONDENCE DIRECTLY TO THESE INDIVIDUALS INCLUDING REVIEW OF THE AUDIT REPORT AND WRITTEN COMMUNICATIONS.