Civic Intelligence

Washington County Economic Development Council

990 • Fiscal year 2024 • EIN 27-1296827

Jul 01, 2023 to Jun 30, 2024 • Filed on May 10, 2025

300 East Main Street 406Johnson City, TN 37601

(423) 202-3510

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

59th percentile

7.3%

Higher net margin than 59% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

1st percentile

-67%

Faster asset growth than 1% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-71%

Faster revenue growth than 1% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$505,026

Down $1,004,600 (-67%) from 2023

Net Assets

Up

$503,374

Up $31,915 (+6.8%) from 2023

Liabilities

Down

$1,652

Down $1,036,515 (-100%) from 2023

Revenue

Down

$439,720

Down $1,066,583 (-71%) from 2023

Expenses

Down

$407,805

Down $748,905 (-65%) from 2023

Net Income

Down

$31,915

Down $317,678 (-91%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $368,268Liabilities 2012: $182,844Net Assets 2012: $185,4242012Assets 2013: $485,228Liabilities 2013: $180,028Net Assets 2013: $305,2002013Assets 2014: $927,786Liabilities 2014: $105,052Net Assets 2014: $822,7342014Assets 2015: $849,438Liabilities 2015: $2,972Net Assets 2015: $846,4662015Assets 2016: $586,096Liabilities 2016: $8,852Net Assets 2016: $577,2442016Assets 2017: $432,115Liabilities 2017: $21,610Net Assets 2017: $410,5052017Assets 2018: $127,976Liabilities 2018: $875Net Assets 2018: $127,1012018Assets 2019: $122,159Liabilities 2019: $0Net Assets 2019: $122,1592019Assets 2020: $118,821Liabilities 2020: $0Net Assets 2020: $118,8212020Assets 2021: $117,048Liabilities 2021: $0Net Assets 2021: $117,0482021Assets 2022: $121,866Liabilities 2022: $0Net Assets 2022: $121,8662022Assets 2023: $1,509,626Liabilities 2023: $1,038,167Net Assets 2023: $471,4592023Assets 2024: $505,026Liabilities 2024: $1,652Net Assets 2024: $503,3742024Assets 2025: $603,242Liabilities 2025: $7,203Net Assets 2025: $596,0392025

Highlighted filing

2024

Assets$505,026
Liabilities$1,652
Net Assets$503,374

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $638,1612012Expenses 2013: $713,4922013Revenue 2014: $1,137,211Expenses 2014: $619,677Net Income 2014: $517,5342014Revenue 2015: $2,840,333Expenses 2015: $2,816,601Net Income 2015: $23,7322015Revenue 2016: $1,555,529Expenses 2016: $1,824,751Net Income 2016: -$269,2222016Revenue 2017: $2,019,279Expenses 2017: $2,192,602Net Income 2017: -$173,3232017Revenue 2018: $350,704Expenses 2018: $634,108Net Income 2018: -$283,4042018Revenue 2019: $164,101Expenses 2019: $169,043Net Income 2019: -$4,9422019Revenue 2020: $32,549Expenses 2020: $35,887Net Income 2020: -$3,3382020Revenue 2021: $2,209,818Expenses 2021: $2,211,591Net Income 2021: -$1,7732021Revenue 2022: $1,275,965Expenses 2022: $1,271,147Net Income 2022: $4,8182022Revenue 2023: $1,506,303Expenses 2023: $1,156,710Net Income 2023: $349,5932023Revenue 2024: $439,720Expenses 2024: $407,805Net Income 2024: $31,9152024Revenue 2025: $294,102Expenses 2025: $201,437Net Income 2025: $92,6652025

Highlighted filing

2024

Revenue$439,720
Expenses$407,805
Net Income$31,915
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 10, 2025
Return Version
2023v6.0
Gross Receipts
$439,720
Mission and Program Overview

Mission

To enhance job growth and increase the tax base of washington county by engaging the community and business leaders through nurturing existing businesses and actively recruiting new industries and commerce.

To foster communication relative to economic and community development between and among governmental entities, industry, and private citizens and is the pulic law 1101 organization for washington county, tennessee.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$800,000--
Cash and Non-Interest-Bearing Accounts$632,296$427,696▼ $204,600
Land, Buildings, and Equipment, Net$77,000$77,000→ $0
Prepaid Expenses and Deferred Charges$330$330→ $0
Total Assets$1,509,626$505,026▼ $1,004,600
Liabilities
Accounts Payable and Accrued Expenses$1,038,167$1,652▼ $1,036,515
Total Liabilities$1,038,167$1,652▼ $1,036,515
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$471,459$503,374▲ $31,915
Total Net Assets Fund Balance$471,459$503,374▲ $31,915
Total Liabilities and Net Assets / Fund Balance$1,509,626$505,026▼ $1,004,600

Asset Categories

AssetBook ValueDepreciationBasis
Land$77,000-$77,000
Equipment$0$47,236$47,236
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cathy BallPresident
Joe GrandyVice President
Freddie MaloneDirector
Glen BerryDirector
Greg MatherlyDirector
Jeff DykesDirector
Jenny BrockDirector
John Abe TeagueDirector
John SperopulosDirector
Lottie RyansDirector
Steve BarnettDirector
Steve DardenDirector
Todd FowlerDirector
Alicia SummersExecutive Director
Chuck VestSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$438,208
Program Service Revenue
$0
Investment Income
$1,512
Other Revenue
$0
All Other Contributions
$225,000
Change in Net Assets
$31,915

Audited Revenue Reconciliation

Revenue per Audited Statements
$439,720
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$439,720
Total Revenue per Form 990
$439,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$262,370
Other Expenses$145,435
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$262,370
Fees for Services Management---$100,000
Fees for Services Other---$40,854
Office Expenses---$2,627
Other Expenses---$1,085
Insurance---$869
Total Functional Expenses$0$0$0$407,805

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$407,805
Total Expenses per Audited Statements$407,805
Total Expenses per Form 990$407,805
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A complete copy of the organization's final form 990 (including all required schedules), as ultimately filed with the irs, was provided to each person who was a voting member of the governing body at the time the form 990 was provided, whether in paper or electronic form, before its filing with the irs.

Form 990, Part VI, Section B, Line 15A

All salaries are approved by the finance committee, executive committee and the board of directors during budget planning.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request under the sunshine law.

Filing and Contact Details

Filer

Filer Name
Washington County Economic Development
EIN
27-1296827
Phone
4232023510
Address
300 EAST MAIN STREET 406, JOHNSON CITY, TN 37601

Signing Officer

Name
Chuck Vest
Title
President
Phone
4232023510
Signed
2025-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Ball
Formed
2009
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
Blackburn Childers & Steagall Plc
Address
801B SUNSET DRIVE, JOHNSON CITY, TN 37604
Preparer
Melissa Steagall Jones
Phone
4232824511
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

OTHER 40,854.

Financial Statement Notes

PART X, LINE 2:

The wdedc did not have unrecognized tax liabilities as of year end and does not expect this to change significantly over the next 12 months. The wcedc will recognize interest nad penalties accrued on any unrecognized tax liabilities as a component of income tax expense. As of year end, the wcedc has not accrued interest or penalties related to uncertain tax positions.

Raw XML AppendixShowing 400 of 430 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01038167
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01652
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FOSTER COMMUNICATION RELATIVE TO ECONOMIC AND COMMUNITY DEVELOPMENT BETWEEN AND AMONG GOVERNMENTAL ENTITIES, INDUSTRY, AND PRIVATE CITIZENS AND IS THE PULIC LAW 1101 ORGANIZATION FOR WASHINGTON COUNTY, TENNESSEE.
IRS990/AllOtherContributionsAmt0225000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0REBECCA DAVIS
IRS990/BooksInCareOfDetail/PhoneNum04232023510
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 EAST MAIN STREET SUITE 406
IRS990/BooksInCareOfDetail/USAddress/CityNm0JOHNSON CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037601
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0632296
IRS990/CashNonInterestBearingGrp/EOYAmt0427696
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0438208
IRS990/CYGrantsAndSimilarPaidAmt0262370
IRS990/CYInvestmentIncomeAmt01512
IRS990/CYOtherExpensesAmt0145435
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt031915
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0407805
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0439720
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ECONOMIC DEVELOPMENT: TO SEEK APPROPRIATE PROPERTIES AVAILABLE IN THE AREA FOR INTERESTED BUSINESSES; FACILITATE THE DEVELOPMENT OF INDUSTRIAL PARKS; FACILITATE THE RESEARCH AND STUDIES FOR THE EXPANSION OF CURRENT UTILITY SERVICES; AND PROVIDE SUPPORT SERVICES FOR CURRENT EXISTING BUSINESSES IN THE AREA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/TotalAmt0100000
IRS990/FeesForServicesOtherGrp/TotalAmt040854
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN ABE TEAGUE
IRS990/Form990PartVIISectionAGrp/PersonNm1JOE GRANDY
IRS990/Form990PartVIISectionAGrp/PersonNm2LOTTIE RYANS
IRS990/Form990PartVIISectionAGrp/PersonNm3GLEN BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm4ALICIA SUMMERS
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNY BROCK
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE BARNETT
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN SPEROPULOS
IRS990/Form990PartVIISectionAGrp/PersonNm8CHUCK VEST
IRS990/Form990PartVIISectionAGrp/PersonNm9CATHY BALL
IRS990/Form990PartVIISectionAGrp/PersonNm10TODD FOWLER
IRS990/Form990PartVIISectionAGrp/PersonNm11GREG MATHERLY
IRS990/Form990PartVIISectionAGrp/PersonNm12FREDDIE MALONE
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE DARDEN
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFF DYKES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0213208
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0262370
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0439720
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0869
IRS990/InvestmentIncomeGrp/ExclusionAmt01512
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01512
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt047236
IRS990/LandBldgEquipBasisNetGrp/BOYAmt077000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt077000
IRS990/LandBldgEquipCostOrOtherBssAmt0124236
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE JOB GROWTH AND INCREASE THE TAX BASE OF WASHINGTON COUNTY BY ENGAGING THE COMMUNITY AND BUSINESS LEADERS THROUGH NURTURING EXISTING BUSINESSES AND ACTIVELY RECRUITING NEW INDUSTRIES AND COMMERCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0471459
IRS990/NetAssetsOrFundBalancesEOYAmt0503374
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0471459
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0503374
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt02627
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0COMMUNICATIONS
IRS990/OtherExpensesGrp/TotalAmt01085
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0800000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0330
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0330
IRS990/PrincipalOfficerNm0CATHY BALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01506292
IRS990/PYGrantsAndSimilarPaidAmt01086292
IRS990/PYInvestmentIncomeAmt011
IRS990/PYOtherExpensesAmt070418
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0349593
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01156710
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01506303
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt031915
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047236
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047236
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0407805
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt077000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt077000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0439720
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE WDEDC DID NOT HAVE UNRECOGNIZED TAX LIABILITIES AS OF YEAR END AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. THE WCEDC WILL RECOGNIZE INTEREST NAD PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX LIABILITIES AS A COMPONENT OF INCOME TAX EXPENSE. AS OF YEAR END, THE WCEDC HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt077000
IRS990ScheduleD/TotalExpensesPerForm990Amt0407805
IRS990ScheduleD/TotalRevenuePerForm990Amt0439720
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0439720
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0407805
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH PERSON WHO WAS A VOTING MEMBER OF THE GOVERNING BODY AT THE TIME THE FORM 990 WAS PROVIDED, WHETHER IN PAPER OR ELECTRONIC FORM, BEFORE ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL SALARIES ARE APPROVED BY THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS DURING BUDGET PLANNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST UNDER THE SUNSHINE LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER 40,854.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF JOHNSON CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1WASHINGTON COUNTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2TOWN OF JONESBOROUGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3JOHNSON CITY POWER BOARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GOVERNMENTAL UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1GOVERNMENTAL UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2GOVERNMENTAL UNIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3GOVERNMENTAL UNIT - UTILITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0601 EAST MAIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1PO BOX 219
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2123 BOONE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3PO BOX 1636
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0JOHNSON CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1JOHNSON CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2JONESBOROUGH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3JOHNSON CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd037601
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd137659
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd237659
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd337601
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0200000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt125000
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WASHINGTON COUNTY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1CITY OF JOHNSON CITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01509626
IRS990/TotalAssetsEOYAmt0505026
IRS990/TotalAssetsGrp/BOYAmt01509626
IRS990/TotalAssetsGrp/EOYAmt0505026
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0438208
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0407805
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01038167
IRS990/TotalLiabilitiesEOYAmt01652
IRS990/TotalLiabilitiesGrp/BOYAmt01038167
IRS990/TotalLiabilitiesGrp/EOYAmt01652
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0471459
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0503374
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01512
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0439720
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01509626
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0505026
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0300 EAST MAIN STREETSUITE 406
IRS990/USAddress/CityNm0JOHNSON CITY
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037601
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0HTTP://WWW.THEWCEDC.COM/
IRS990/WhistleblowerPolicyInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.60$0.29$0.20$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.50$0.44$0.41$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.51$1.04$0.47$1.51$1.16$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$1.28$1.27$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$2.21$2.21$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.03$0.04$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.16$0.17$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.35$0.63$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$2.02$2.19$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$1.56$1.82$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$2.84$2.82$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.11$0.82$1.14$0.62$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.18$0.31$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.18$0.19$0.64