THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS & INNO: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THURSTON ECONOMIC DEVELOPMENT COUNCIL CENTER FOR BUSINESS & INNO (EIN 91-1561600)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-05
IRS object ID
202513099349304161
Schema version
2024v5.2
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)
Return2025-11-05T18:06:17-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN911623649PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON STONE & PAGANO PSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11501 REGENTS BLVD SUITE 100AddressLine1Txt
CityFIRCRESTCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98466ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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
Phone3607546320PhoneNum

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
Phone3607546320PhoneNum
Signature2025-11-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARIA A ICHIYAMAPreparerPersonNm
PTINP00705140PTIN
Phone2535667070PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$3,161,167GrossReceiptsAmt
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 Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers48TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,118,143PYContributionsGrantsAmt
CY Contributions Grants$3,081,745CYContributionsGrantsAmt
PY Program Service Revenue$15,879PYProgramServiceRevenueAmt
CY Program Service Revenue$48,083CYProgramServiceRevenueAmt
PY Investment Income$702PYInvestmentIncomeAmt
CY Investment Income$685CYInvestmentIncomeAmt
PY Other Revenue$5,090PYOtherRevenueAmt
CY Other Revenue$25,622CYOtherRevenueAmt
PY Total Revenue$4,139,814PYTotalRevenueAmt
CY Total Revenue$3,156,135CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$726,960PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$942,073CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,515,426PYOtherExpensesAmt
CY Other Expenses$2,129,824CYOtherExpensesAmt
PY Total Expenses$4,242,386PYTotalExpensesAmt
CY Total Expenses$3,071,897CYTotalExpensesAmt
PY Revenues Less Expenses-$102,572PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$84,238CYRevenuesLessExpensesAmt
Total Assets BOY$624,890TotalAssetsBOYAmt
Total Assets EOY$470,467TotalAssetsEOYAmt
Total Liabilities BOY$541,829TotalLiabilitiesBOYAmt
Total Liabilities EOY$303,168TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$83,061NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$167,299NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPROVIDE SERVICES THAT DEVELOP THE ENTREPRENEURIAL NETWORK OF THURSTON COUNTY AND SUPPORT THE ENTIRE BUSINESS LIFECYCLE FROM PLANNING, LAUNCHING, GROWING, TURNAROUND & EXIT PLANNING.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,893,485ExpenseAmt
DescSOUTHWEST WASHINGTON AGRICULTURAL BUSINESS & INNOVATION PARKTHE SW AGRICULTURE BUSINESS & INNOVATION PARK IS AN INTEGRATED MULTI-TENANT BUSINESS PARK FOCUSED ON VALUE-ADDED, AGRICULTURAL/FOOD-RELATED ENTERPRISES. LOCATED WITHIN THE CITY OF TENINO, THE PARK WILL INCLUDE A STATE-OF-THE ART HOSPITALITY EVENT CENTER AND BUSINESS RESOURCE INNOVATION HUB. THE PARK WILL BECOME AN AGRI-TOURISM DESTINATION AND WILL BE A STEP TOWARD ESTABLISHING A LOCAL SUPPLY FOOD CHAIN. FUTURE PHASES OF THE PARK MAY ALSO INCLUDE ESTABLISHING RESEARCH & EDUCATIONAL COMPONENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$529,603ExpenseAmt
Revenue$48,187RevenueAmt
DescLACEY MAKERSPACELACEY MAKERSPACE (LMS) IS AN 8,000-SQUARE-FOOT FACILITY THAT EMPOWERS MAKERS OF ALL AGES BY PROVIDING ACCESS TO ADVANCED TOOLS AND RESOURCES FOR HANDS-ON LEARNING AND CREATIVITY. WITH OVER 300 ACTIVE MEMBERS, INCLUDING HOBBYISTS, ENTREPRENEURS, AND SMALL BUSINESS OWNERS, LMS OFFERS A VARIETY OF WORKSHOPS AND CLASSES, BOTH IN-PERSON AND ONLINE, RANGING FROM BEGINNER TO ADVANCED LEVELS, WITH A STRONG FOCUS ON WORKFORCE DEVELOPMENT AND INNOVATION.IN 2024, LMS CONTINUES TO GROW AS A KEY RESOURCE FOR INDIVIDUALS LOOKING TO ENHANCE THEIR SKILLS OR LAUNCH NEW BUSINESSES. MEMBERS GAIN PROFICIENCY IN USING HIGH-TECH EQUIPMENT, INCLUDING 3D PRINTERS, WOODWORKING TOOLS, METALWORKING EQUIPMENT, AND MORE. LMS PROVIDES TRAINING AND RESOURCES TO HELP MEMBERS BRING THEIR IDEAS TO LIFE, WHETHER FOR PERSONAL PROJECTS OR PROFESSIONAL VENTURES.LMS IS COMMITTED TO EXPANDING ACCESS TO EDUCATION AND SUPPORTING THE CREATIVE ECONOMY BY FOSTERING A COLLABORATIVE ENVIRONMENT FOR NETWORKING AND GROWTH. BY CONNECTING INDIVIDUALS WITH THE TOOLS, SKILLS, AND RESOURCES THEY NEED, LMS IS DRIVING INNOVATION AND CONTRIBUTING TO ECONOMIC DEVELOPMENT ACROSS THE REGION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$235,767ExpenseAmt
Revenue$30,312RevenueAmt
DescWASHINGTON CENTER FOR WOMEN IN BUSINESSTHE WASHINGTON CENTER FOR WOMEN IN BUSINESS OFFERS NO COST, ONE-ON-ONE BUSINESS COACHING WITH PROFESSIONALS EXPERIENCED IN BUSINESS STARTUP, FINANCE, ACCOUNTING, MARKETING, AND OPERATIONS. COACHING CAN BE CONDUCTED OVER THE PHONE, THROUGH WEBINARS, OR IN PERSON. ENTREPRENEURS WILL LEAVE COACHING SESSIONS WITH A LIST OF NEXT STEPS IN THEIR BUSINESS JOURNEY.IN 2024, THIS WCWB HAS LAUNCHED 12 NEW BUSINESSES AND TRACKED 103 NEW MILESTONES. 226 HOURS WERE SPENT HELPING BUSINESSES DIRECTLY WHETHER IN PERSON OR THROUGH VIRTUAL MEETINGS. 10 TRAINING EVENTS WERE COMPLETED WITH 327 ATTENDEES AND 1890.5 HOURS OF TRAINING.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,658,855TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 ContriYes (1)DeductibleNonCashContriInd
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 Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
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
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
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)
Phone3607546320PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14420 6TH AVE SEAddressLine1Txt
CityLACEYCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98053ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CHRIS LESTER
DIRECTOR0.25Yes (X)$0$0$0
NANCY LAPOINTE
DIRECTOR0.25Yes (X)$0$0$0
JENNICA MACHADO
DIRECTOR0.25Yes (X)$0$0$0
MATTHEW KILFMAN
DIRECTOR0.25Yes (X)$0$0$0
KEVIN LENEKER
DIRECTOR0.25Yes (X)$0$0$0
DENISE SAWATZKY
VICE PRESIDENT0.25Yes (X)$0$0$0Yes (X)
TRUDY SOUCOUP
DIRECTOR0.25Yes (X)$0$0$0
TODD WHITLEY
DIRECTOR0.25Yes (X)$0$0$0
MICHAEL CADE
EXECUTIVE DIRECTOR10.00Yes (X)$0$171,275$5,352Yes (X)45.00
GRACE KENDALL
PRESIDENT0.25Yes (X)$0$0$0Yes (X)0.50
NOEL RUBADUE
SECRETARY0.25Yes (X)$0$0$0Yes (X)
SCOTT ZYLKA
TREASURER0.25Yes (X)$0$0$0Yes (X)
SEAN MOORE
DIRECTOR CB&I40.00$115,031$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$115,031TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$171,275TotReportableCompRltdOrgAmt
Total Other Compensation$5,352TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$168,343MembershipDuesAmt
Government Grants$2,895,102GovernmentGrantsAmt
All Other Contributions$18,300AllOtherContributionsAmt
Noncash Contributions$9,300NoncashContributionsAmt
Total Contributions$3,081,745TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
WCWB EVENT REVENUE812900$30,312$30,312
LMS EVENT REVENUE812900$17,771$17,771
FieldValueIRS element (for citing)
Total Program Service Revenue$48,083TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$685TotalRevenueColumnAmt
Exclusion$685ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$30,654GrossSalesOfInventoryAmt
Cost Of Goods Sold$5,032CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,622TotalRevenueColumnAmt
Related Or Exempt Func Income$25,622RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,156,135TotalRevenueColumnAmt
Related Or Exempt Func Income$73,705RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$685ExclusionAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$793,280TotalAmt
Program Services$499,492ProgramServicesAmt
Management And General$293,788ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$8,809TotalAmt
Program Services$5,495ProgramServicesAmt
Management And General$3,314ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$75,478TotalAmt
Program Services$47,084ProgramServicesAmt
Management And General$28,394ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$64,506TotalAmt
Program Services$40,239ProgramServicesAmt
Management And General$24,267ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$75,748TotalAmt
Program Services$51,443ProgramServicesAmt
Management And General$24,305ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$234,390TotalAmt
Program Services$234,390ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,079TotalAmt
Program Services$10,649ProgramServicesAmt
Management And General$7,430ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,836TotalAmt
Program Services$10,350ProgramServicesAmt
Management And General$486ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$68,971TotalAmt
Program Services$49,141ProgramServicesAmt
Management And General$19,830ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,778TotalAmt
Program Services$1,187ProgramServicesAmt
Management And General$5,591ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$25,038TotalAmt
Program Services$24,920ProgramServicesAmt
Management And General$118ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$568TotalAmt
Program Services$4ProgramServicesAmt
Management And General$564ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,227TotalAmt
Program Services$6,227ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,304TotalAmt
Program Services$3,114ProgramServicesAmt
Management And General$1,190ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
JOLT AND AGRICULTURE EX$1,022,734$1,022,734
PASS THROUGH EXPENSE$620,970$620,970
SUBSCRIPTIONS AND MEMBE$20,004$17,739$2,265
IN KIND EXPENSE$9,300$9,300

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,877TotalAmt
Program Services$4,377ProgramServicesAmt
Management And General$1,500ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,071,897TotalAmt
Program Services$2,658,855ProgramServicesAmt
Management And General$413,042ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$348,081BOYAmt
EOY$30,492EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$20,000EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$224,427BOYAmt
EOY$283,784EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$142,418LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,227LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$136,191EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$52,382BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$624,890BOYAmt
EOY$470,467EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$488,296BOYAmt
EOY$237,929EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$37,500EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$53,533BOYAmt
EOY$27,739EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$541,829BOYAmt
EOY$303,168EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$83,061BOYAmt
EOY$92,299EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$75,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$83,061BOYAmt
EOY$167,299EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$624,890BOYAmt
EOY$470,467EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$84,238ReconcilationRevenueExpnssAmt
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$2,094,459CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$863,107CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,722,799CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,169,396CurrentTaxYearMinus1YearAmt
Current Tax Year$2,958,031CurrentTaxYearAmt
Total$11,807,792TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,094,459CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$863,107CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,722,799CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,169,396CurrentTaxYearMinus1YearAmt
Current Tax Year$2,958,031CurrentTaxYearAmt
Total$11,807,792TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$11,807,792PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$731CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$136CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$702CurrentTaxYearMinus1YearAmt
Current Tax Year$933CurrentTaxYearAmt
Total$2,678TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,620CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$77,896CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,810CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,879CurrentTaxYearMinus1YearAmt
Current Tax Year$26,082CurrentTaxYearAmt
Total$167,287TotalAmt
FieldValueIRS element (for citing)
Total Support$11,977,757TotalSupportAmt
Public Support CY1700.98580PublicSupportCY170Pct
Public Support PY1700.98120PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$142,418OtherCostOrOtherBasisAmt
Depreciation$6,227DepreciationAmt
Book Value$136,191BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$136,191TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescNOTE PAYABLE TO THURSTON ECONOMIC DEVELOPMENT COUNCILDesc
Amt$27,739Amt
FieldValueIRS element (for citing)
Total Liability$27,739TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$3,232,510TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$71,343DonatedServicesAndUseFcltsAmt
Revenue Not Reported$71,343RevenueNotReportedAmt
Revenue Subtotal$3,161,167RevenueSubtotalAmt
Other Revenues Not Included-$5,032OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$5,032RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,156,135TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,148,272TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$71,343DonatedServicesUseFcltsAmt
Other Expenses Included$5,032OtherExpensesIncludedAmt
Expenses Not Reported$76,375ExpensesNotReportedAmt
Expenses Subtotal$3,071,897ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,071,897TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD

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$171,275CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$5,352DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$176,627TotalCompensationRltdOrgsAmt
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 LIKESIZED 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 M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990Amt
Yes (X)SPONSORSHIP1$6,000
Yes (X)PHOTOGRAPHY SERVICES1$800
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 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 PRESIDENT. 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 12CTHE 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 LIKESIZED 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 2023.
FORM 990, PART VI, SECTION C, LINE 19POLICIES, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990 PART XII LINE 2CTHE PROCESS 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 Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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