THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS & INNO: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS & INNO (EIN 91-1561600)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202203189349318365
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-14T17:41:22-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110700 NORTHUP WAY SUITE 200AddressLine1Txt
CityBELLEVUECityNm
State AbbreviationWAStateAbbreviationCd
ZIP98004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN911561600EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THURSTON ECONOMIC DEVELOPMENT COUNCILBusinessNameLine1Txt
Business Name Line2CENTER FOR BUSINESS & INNOVATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTHURBusinessNameControlTxt
Phone3604646037PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14220 6TH AVE SEAddressLine1Txt
CityLACEYCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98503ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL CADEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3604646037PhoneNum
Signature2022-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastCADEPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALLEN GILBERT CPAPreparerPersonNm
PTINP01380103PTIN
Phone4252506100PhoneNum
Preparation2022-11-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL CADEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14220 6TH AVE SEAddressLine1Txt
CityLACEYCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98503ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$992,079GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THURSTONEDC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionDEVELOP THE ENTREPRENEURIAL NETWORK OF THURSTON COUNTY AND SUPPORT BUSINESS LIFE-CYCLE.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee14TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,094,459PYContributionsGrantsAmt
CY Contributions Grants$863,107CYContributionsGrantsAmt
PY Program Service Revenue$14,316PYProgramServiceRevenueAmt
CY Program Service Revenue$43,422CYProgramServiceRevenueAmt
PY Investment Income$731PYInvestmentIncomeAmt
CY Investment Income$176CYInvestmentIncomeAmt
PY Other Revenue$14,620PYOtherRevenueAmt
CY Other Revenue$82,089CYOtherRevenueAmt
PY Total Revenue$2,124,126PYTotalRevenueAmt
CY Total Revenue$988,794CYTotalRevenueAmt
PY Grants And Similar Paid$1,018,945PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$24,632CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$545,781PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$607,627CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$254,359PYOtherExpensesAmt
CY Other Expenses$574,349CYOtherExpensesAmt
PY Total Expenses$1,819,085PYTotalExpensesAmt
CY Total Expenses$1,206,608CYTotalExpensesAmt
PY Revenues Less Expenses$305,041PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$217,814CYRevenuesLessExpensesAmt
Total Assets BOY$773,294TotalAssetsBOYAmt
Total Assets EOY$459,422TotalAssetsEOYAmt
Total Liabilities BOY$413,885TotalLiabilitiesBOYAmt
Total Liabilities EOY$317,827TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$359,409NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$141,595NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPROVIDE SERVICES THAT DEVELOP THE ENTREPRENEURIAL NETWORK OF THURSTON COUNTY AND SUPPORT THE ENTIRE BUSINESS LIFE-CYCLE FROM PLANNING, LAUNCHING, GROWING, TURN-AROUND & EXIT PLANNING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$185,516ExpenseAmt
Grant$12,133GrantAmt
Revenue$47,615RevenueAmt
DescLACEY MAKERSPACE: LACEY MAKERSPACE PROGRAM PROVIDED COMMUNITY ACCESS TO HIGH TECH FABRICATION TOOLS AND TRAINING. THE PROGRAM FOSTERS INNOVATION AND CREATIVITY IN THE SOUTH SOUND REGION OF WASHINGTON.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$245,667ExpenseAmt
Grant$0GrantAmt
Revenue$77,896RevenueAmt
DescWASHINGTON CENTER FOR WOMEN IN BUSINESS: PROVIDED TRAINING AND ASSISTANCE TO WOMEN LIVING IN THE STATE OF WASHINGTON TO START AND GROW SUCCESSFUL BUSINESSES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$67,595ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescSCALEUP TRAINING IS A 3-PART PROGRAM FOR BUSINESSES THAT WANT GREATER PROFITABILITY AND GROWTH. CBI PROVIDED TRAINING, TECHNICAL ASSISTANCE, REFERRAL AND OTHER RESOURCES TO GROWTH-ORIENTED BUSINESSES TO PROMOTE EXPANSION AND JOB CREATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$433,499ExpenseAmt
Grant$12,500GrantAmt
Revenue$0RevenueAmt
DescECONOMIC RECOVERY AND OTHER PROGRAM SERVICESDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$433,499TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$12,500TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$932,277TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee14EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL CADEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3604646320PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14220 6TH AVE SEAddressLine1Txt
CityLACEYCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98503ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MICHAEL CADE
EXECUTIVE DIRECTOR10.0045.00Yes (X)$0$180,601$21,755
JESSICA JENSEN
PRESIDENT0.250.50Yes (X)$0$0$0Yes (X)
GRACE KENDALL
VICE PRESIDENT0.250.00Yes (X)$0$0$0Yes (X)
VIRGIL CLARKSON
TREASURER0.250.00Yes (X)$0$0$0Yes (X)
NOEL RUBADUE
SECRETARY0.250.00Yes (X)$0$0$0Yes (X)
MARC DAILY
DIRECTOR0.250.50$0$0$0Yes (X)
YEN HUYNH
DIRECTOR0.250.50$0$0$0Yes (X)
NANCY LAPOINTE
PRESIDENT-ELECT0.250.00$0$0$0Yes (X)
KEVIN LENEKER
DIRECTOR0.250.00$0$0$0Yes (X)
RENEE SUNDE
DIRECTOR0.250.00$0$0$0Yes (X)
TODD WHITLEY
DIRECTOR0.250.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$180,601TotReportableCompRltdOrgAmt
Total Other Compensation$21,755TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Federated Campaigns$2,000FederatedCampaignsAmt
Government Grants$840,654GovernmentGrantsAmt
All Other Contributions$20,453AllOtherContributionsAmt
Total Contributions$863,107TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLACEY MAKER-SPACEDesc
Business812900BusinessCd
Total Revenue Column$43,422TotalRevenueColumnAmt
Related Or Exempt Func Income$43,422RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$43,422TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$176TotalRevenueColumnAmt
Exclusion$176ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$7,478GrossSalesOfInventoryAmt
Cost Of Goods Sold$3,285CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,193TotalRevenueColumnAmt
Related Or Exempt Func Income$4,193RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREIMBURSED EXPENSESDesc
Business812900BusinessCd
Total Revenue Column$77,896TotalRevenueColumnAmt
Related Or Exempt Func Income$77,896RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$77,896OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$988,794TotalRevenueColumnAmt
Related Or Exempt Func Income$125,511RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$176ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$24,632TotalAmt
Program Services$24,632ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$538,976TotalAmt
Program Services$346,145ProgramServicesAmt
Management And General$192,831ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$4,227TotalAmt
Program Services$2,556ProgramServicesAmt
Management And General$1,671ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$33,278TotalAmt
Program Services$19,668ProgramServicesAmt
Management And General$13,610ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$31,146TotalAmt
Program Services$37,920ProgramServicesAmt
Management And General-$6,774ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,907TotalAmt
Management And General$5,907ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$439,993TotalAmt
Program Services$412,157ProgramServicesAmt
Management And General$27,836ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,431TotalAmt
Management And General$18,431ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$52,805TotalAmt
Program Services$48,399ProgramServicesAmt
Management And General$4,406ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$16,746TotalAmt
Program Services$2,946ProgramServicesAmt
Management And General$13,800ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$25,318TotalAmt
Program Services$24,685ProgramServicesAmt
Management And General$633ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,416TotalAmt
Program Services$4,416ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OTHER EXPENSES$5,082$5,082
DUES & SUBSCRIPTIONS$3,352$2,392$960
EVENT EXPENSE$2,299$1,279$1,020

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,206,608TotalAmt
Program Services$932,277ProgramServicesAmt
Management And General$274,331ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$344,838BOYAmt
EOY$219,411EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$62,037BOYAmt
EOY$1,316EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$366,419BOYAmt
EOY$238,695EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$773,294BOYAmt
EOY$459,422EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$217,789BOYAmt
EOY$314,107EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$135,000BOYAmt
EOY$3,720EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$61,096BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$413,885BOYAmt
EOY$317,827EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$359,409BOYAmt
EOY$13,039EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$128,556EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$359,409BOYAmt
EOY$141,595EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$773,294BOYAmt
EOY$459,422EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$217,814ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$699,902CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$612,316CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$494,267CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,094,459CurrentTaxYearMinus1YearAmt
Current Tax Year$863,107CurrentTaxYearAmt
Total$4,764,051TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$699,902CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$612,316CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$494,267CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,094,459CurrentTaxYearMinus1YearAmt
Current Tax Year$863,107CurrentTaxYearAmt
Total$4,764,051TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$4,764,051PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$731CurrentTaxYearMinus1YearAmt
Current Tax Year$176CurrentTaxYearAmt
Total$954TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$36,370CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,620CurrentTaxYearMinus1YearAmt
Current Tax Year$77,896CurrentTaxYearAmt
Total$128,886TotalAmt
FieldValueIRS element (for citing)
Total Support$4,893,891TotalSupportAmt
Gross Receipts Rltd Activities$77,437GrossReceiptsRltdActivitiesAmt
Public Support CY1700.97350PublicSupportCY170Pct
Public Support PY1700.98890PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,006,079TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$14,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$14,000RevenueNotReportedAmt
Revenue Subtotal$992,079RevenueSubtotalAmt
Other Revenues Not Included-$3,285OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$3,285RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$988,794TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,223,893TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$14,000DonatedServicesUseFcltsAmt
Other Expenses Included$3,285OtherExpensesIncludedAmt
Expenses Not Reported$17,285ExpensesNotReportedAmt
Expenses Subtotal$1,206,608ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,206,608TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE ARE NO TAX POSITIONS FOR WHICH THE DEDUCTIBILITY IS CERTAIN BUT FOR WHICH THERE IS UNCERTAINTY REGARDING THE TIMING OF SUCH DEDUCTIBILITY.
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD INCLUDED IN REVENUE -3,285.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD INCLUDED IN REVENUE 3,285.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMICHAEL CADEPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$159,601CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$21,000BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$4,875DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$16,880NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$202,356TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE EXECUTIVE DIRECTOR'S PAYROLL IS PAID BY A RELATED PARTY. THE EXECUTIVE COMMITTEE PROVIDES THE REVIEW OF THE EXECUTIVE DIRECTOR. THE PRESIDENT AND PRESIDENT ELECT DELIVERS THE REVIEW AND HAS FINAL APPROVAL OF THE REVIEW. THE EXECUTIVE COMMITTEE REVIEWS DATA (COMPENSATION PACKAGES) OF EXECUTIVE DIRECTORS FROM SURROUNDING AND LIKE-SIZED ECONOMIC DEVELOPMENT ORGANIZATIONS. ALL REVIEWS AND COMPENSATION MEMORANDUMS ARE INSERTED INTO THE EMPLOYEE FILE OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR HAS A FORMAL AND INDEPTH REVIEW ANNUALLY. A FORMAL REVIEW OCCURRED IN 2021.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE PRESIDENT, PRESIDENT-ELECT AND VICE PRESIDENTS. THE EXECUTIVE COMMITTEE SHALL EXERCISE THOSE POWERS AND DUTIES DEEMED BY IT TO BE NECESSARY IN THE PRUDENT MANAGEMENT OF THE AFFAIRS OF THE COUNCIL WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, NOT INCONSISTENT WITH THE ACTIONS TAKEN OR POLICIES ESTABLISHED BY THE BOARD OF DIRECTORS. ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE SUBJECT TO REVIEW, APPROVAL OR OVERRULE, BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA WITH INFORMATION PROVIDED BY MANAGEMENT. THE BOARD PRESIDENT AND TREASURER REVIEW FORM 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN OUR PERSONNEL POLICIES AND OUR BYLAWS. IT COVERS BOARD MEMBERS AND EMPLOYEES. WE MONITOR IT THROUGH THE BOARD ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE DIRECTOR'S PAYROLL IS PAID BY A RELATED PARTY. THE EXECUTIVE COMMITTEE PROVIDES THE REVIEW OF THE EXECUTIVE DIRECTOR. THE PRESIDENT AND PRESIDENT ELECT DELIVERS THE REVIEW AND HAS FINAL APPROVAL OF THE REVIEW. THE EXECUTIVE COMMITTEE REVIEWS DATA (COMPENSATION PACKAGES) OF EXECUTIVE DIRECTORS FROM SURROUNDING AND LIKE-SIZED ECONOMIC DEVELOPMENT ORGANIZATIONS. ALL REVIEWS AND COMPENSATION MEMORANDUMS ARE INSERTED INTO THE EMPLOYEE FILE OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR HAS A FORMAL AND INDEPTH REVIEW ANNUALLY. A FORMAL REVIEW OCCURRED IN 2021.
FORM 990, PART VI, SECTION C, LINE 19POLICIES, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GPROFESSIONAL & CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 412,157. MANAGEMENT AND GENERAL EXPENSES 27,836. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 439,993.
FORM 990, PART XII, LINE 2CTHE PROCESS FOR SELECTING THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCILBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14220 6TH AVE SEAddressLine1Txt
CityLACEYCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98503ZIPCd
FieldValueIRS element (for citing)
EIN911183169EIN
Primary ActivitiesTO PROMOTE AND INCREASE SUSTAINABLE ECONOMIC, INVESTMENT AND EMPLOYMENTPrimaryActivitiesTxt
Legal Domicile StateWALegalDomicileStateCd
Exempt Code Section501(C)(4)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCILBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypePTransactionTypeTxt
Involved$197,597InvolvedAmt
Method Of Amount DeterminationSHARED COSTSMethodOfAmountDeterminationTxt

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