Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Thurston County Economic Development Council
990 • Fiscal year 2021 • EIN 91-1183169
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.69x
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 5.9% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Up$705,199
Up $26,218 (+3.9%) from 2020
Net Assets
Down$222,132
Down $13,603 (-5.8%) from 2020
Liabilities
Up$483,067
Up $39,821 (+9.0%) from 2020
Revenue And Expenses
Revenue
Down$3,432,826
Down $7,924,197 (-70%) from 2020
Expenses
Down$3,446,429
Down $7,625,355 (-69%) from 2020
Net Income
Down-$13,603
Down $298,842 (-105%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 10, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $3,432,826
Mission and Program Overview
Mission
The mission of the Thurston EDC is to promote and increase sustainable economic, investment and employment opportunities throughout Thurston County that support the livelihood, values of the residents of the County.
Promote sustainable economic, investment and employment opportunities throughout thurston county.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $488,398 | $552,944 | ▲ $64,546 |
| Cash and Non-Interest-Bearing Accounts | $190,583 | $152,255 | ▼ $38,328 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $678,981 | $705,199 | ▲ $26,218 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $245,933 | $373,035 | ▲ $127,102 |
| Mortgage Notes Payable Secured by Investment Property | $197,313 | $110,032 | ▼ $87,281 |
| Total Liabilities | $443,246 | $483,067 | ▲ $39,821 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $235,735 | $222,132 | ▼ $13,603 |
| Total Net Assets Fund Balance | $235,735 | $222,132 | ▼ $13,603 |
| Total Liabilities and Net Assets / Fund Balance | $678,981 | $705,199 | ▲ $26,218 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $10,461 | $10,461 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Cade | Executive Director | FT | $159,601 | $42,755 | $202,356 |
Board Members and Trustees
| Name | Title |
|---|---|
| Carrie Whisler | Immediate Past President |
| Heather Burgess | President |
| Mark Steepy | President-elect |
| Ann Freeman-manzanares | Director |
| Bill Mcgregor | Director |
| Brian Fluetsch | Director |
| Charlie Schneider | Director |
| Dan Jones | Director |
| Daryl Fourtner | Director |
| David Burnett | Director |
| Dr Roy Heynderickx | Director |
| Dr Timothy Stokes | Director |
| Ed Kunkel | Director |
| Evan Parker | Director |
| Gary Edwards | Director |
| Jace Munson | Director |
| Jessica Jensen | Director |
| Marc Daily | Director |
| Perry Shea | Director |
| Reid Bates | Director |
| Wayne Fournier | Director |
| Yen Huynh | Director |
| Michael Mcgauly | Secretary / Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $2,758,761
- Program Service Revenue
- $514,241
- Investment Income
- $86
- Other Revenue
- $159,738
- All Other Contributions
- $287,400
- Change in Net Assets
- $-13,603
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,412,255 |
| Salaries, Compensation, and Employee Benefits | $1,396,266 |
| Grants and Similar Amounts Paid | $637,908 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $964,314 | $62,897 | - | $1,027,211 |
| Other Salaries and Wages | $515,542 | $478,970 | - | $994,512 |
| Grants to Domestic Orgs | $607,908 | - | - | $607,908 |
| Current Officers, Directors, Trustees, and Key Employees | $144,566 | $48,189 | - | $192,755 |
| Payroll Taxes | $57,739 | $54,190 | - | $111,929 |
| Other Employee Benefits | $36,026 | $41,474 | - | $77,500 |
| Occupancy | $1,039 | $65,303 | - | $66,342 |
| Advertising | - | $54,573 | - | $54,573 |
| Travel | $19,024 | $18,880 | - | $37,904 |
| Grants to Domestic Individuals | $30,000 | - | - | $30,000 |
| Fees for Services Accounting | - | $27,365 | - | $27,365 |
| Pension Plan Contributions | $8,954 | $10,616 | - | $19,570 |
| Office Expenses | $3,520 | $13,699 | - | $17,219 |
| Insurance | - | $7,172 | - | $7,172 |
| Interest | $374 | $5,149 | - | $5,523 |
| Other Expenses | $2,913 | $646 | - | $3,559 |
| Total Functional Expenses | $2,542,290 | $904,139 | $0 | $3,446,429 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Arbutus Folk School | Olympia, WA | - | Covid 19 Relief | $20,000 |
| Ballet North West | Olympia, WA | - | Covid 19 Relief | $20,000 |
| Big Brothers & Big Sisters of Southwest Washington | Olympia, WA | - | Covid 19 Relief | $20,000 |
| Family Education and Support Services | Tumwater, WA | - | Covid 19 Relief | $20,000 |
| HANDS ON CHILDREN'S MUSEUM | Olympia, WA | - | Covid 19 Relief | $20,000 |
| Harlequin Productions | Olympia, WA | - | Covid 19 Relief | $20,000 |
| Olympia Family Theater | Olympia, WA | - | Covid 19 Relief | $20,000 |
| Olympia School District Education Foundation | Olympia, WA | - | Covid 19 Relief | $20,000 |
| South Sound Community Farm Land Trust | Tumwater, WA | - | Covid 19 Relief | $20,000 |
| Tenino Community Service Center | Tenino, WA | - | Covid 19 Relief | $20,000 |
| The Bridge Music Project | Olympia, WA | - | Covid 19 Relief | $20,000 |
| A Rightway Painting LLC | Tenino, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Abu-ana LLC (adam Market) | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| BERTOGLIO'S PIZZA | Yelm, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Balsley Sign Company | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Contessa the Bakery | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Danger Room Comics LLC | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Dingeys LLC | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Drip Espresso Bar | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Dryex | Olympia, WA | - | Covid 19 Relief | $10,000 |
| EZ Foods Olympia 1 Inc | Lacey, WA | - | Covid 19 Relief | $10,000 |
| Ellis Creek Farm | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Hotstone 2017 Inc | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Integrate Oly Hellerwork Structural Integration | Olympia, WA | - | Covid 19 Relief | $10,000 |
| J Linder Painting LLC | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Mediaroom | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Mill Lane Winery | Tenino, WA | - | Covid 19 Relief | $10,000 |
| New World Cleaners | Tumwater, WA | - | Covid 19 Relief | $10,000 |
| Old School Pizzeria | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Olympia Dance Center | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Olympia Hospitality LLC | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Olympia Inn | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Purdy Fun Climbing Corpwarehouse Rock Gym LLC Dba Cirque Climbing | Lacey, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Rumors Wine Bar | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Skep & Skein LLC | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Skystaf LLC (luckys) | Lacey, WA | - | Covid 19 Relief | $10,000 |
| Spidermonkey Tattoo | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| The Mark Restaurant LLC | Olympia, WA | - | Covid 19 Relief | $10,000 |
| The Olson Bros LLC | Olympia, WA | - | Covid 19 Relief | $10,000 |
| The Wayside Cafe | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Three Magnets Brewing Company | Olympia, WA | 501(c)(3) | Covid 19 Relief | $10,000 |
| Top Rung Brewing Company LLC | Lacey, WA | - | Covid 19 Relief | $10,000 |
| Van Tuinen Art | Olympia, WA | - | Covid 19 Relief | $10,000 |
| Le Voyeur | Olympia, WA | - | Covid 19 Relief | $8,000 |
| Empowerment for Girls | Olympia, WA | - | Covid 19 Relief | $7,500 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Political Expenditures | $0 |
| Section 527 Activity Spending | $0 |
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
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 1A
“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 A, Line 6
“The organization is supported by private memberships dues. The classes of members are as follows: primary $500, associate $1,000, participant $2,500, corporate $5,000, major $7,500, principal $10,000.”
Form 990, Part VI, Section A, Line 7A
“Board of directors are elected by a vote of the edc membership.”
Form 990, Part VI, Section A, Line 7B
“Members of the organization must approve any amendments to the bylaws in an action by the board. The member may amend, alter or repeal the bylaws at any annual or special meeting of the membership if notice of the proposed alteration or amendment is contained in the notice of the meeting.”
Form 990, Part VI, Section B, Line 11B
“The organization's treasurer and president review the form 990 prior to filing.”
Form 990, Part VI, Section B, Line 12
“The conflict of interest policy is monitored and enforced through the executive committee of the board of directors, as per the personnel policies and bylaws annually. It covers board members and employees.”
Form 990, Part VI, Section B, Line 15A
“There is a formal review process. The executive committee provides the review of the executive director. The president and president elect deliver the review and have 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 in depth review annually. A formal review occurred in 2021.”
Form 990, Part VI, Section C, Line 19
“The organization's financial statements, governing documents, conflict of interest policy and annual tax returns are available for public inspection upon request.”
Filing and Contact Details
Filer
- Filer Name
- Thurston County Economic Development
- EIN
- 91-1183169
- Phone
- 3604646320
- Address
- 4220 6TH AVE SE, LACEY, WA 98503
Signing Officer
- Name
- Michael Cade
- Title
- Executive Director
- Phone
- 3604646320
- Signed
- 2022-11-10
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Michael Cade
- Formed
- 1981
- Legal Domicile
- Wa
- Voting Board Members
- 23
- Independent Board Members
- 23
- Employees
- 21
- Volunteers
- 23
Preparer
- Firm
- Cliftonlarsonallen Llp
- Address
- 10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
- Preparer
- Allen Gilbert CPA
- Phone
- 4252506100
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G
“Contracted services: program service expenses 964,314. Management and general expenses 62,897. Fundraising expenses 0. Total expenses 1,027,211.”
Form 990, Part XII, Line 2C
“The process for oversight and selection of an independent accountant has not changed from the prior year.”
Financial Statement Notes
PART X, LINE 2:
“The organization is exempt from federal income tax under section 501(c)(4) 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.”
Raw XML AppendixShowing 400 of 1,141 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.
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 552944 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTE SUSTAINABLE ECONOMIC, INVESTMENT AND EMPLOYMENT OPPORTUNITIES THROUGHOUT THURSTON COUNTY. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 54573 |
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| IRS990/Desc | 0 | PROCUREMENT TECHNICAL ASSISTANCE (PTAC). EDC'S PTAC DIRECTOR IS A MEMBER OF PTAC NATIONAL BOARD, AND MAINTAINS AN OFFICER POSITION ON THE ADVOCACY BOARD. ASSOCIATION OF PROCUREMENT TECHNICAL ASSISTANCE CENTERS (APTAC) IS COMPRISED OF MEMBERSHIP FROM PTAC CENTERS FROM AROUND THE COUNTRY AND IS FOCUSED ON THE INCREASED RESOURCES FOR LOCAL BUSINESS TO ACCESS AND GAIN FEDERAL CONTRACTING OPPORTUNITIES. |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 21755 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MICHAEL CADE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HEATHER BURGESS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARK STEEPY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MICHAEL MCGAULY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | REID BATES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DAVID BURNETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARC DAILY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | GARY EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | BRIAN FLUETSCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | WAYNE FOURNIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DARYL FOURTNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ANN FREEMAN-MANZANARES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | DR ROY HEYNDERICKX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | YEN HUYNH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | JESSICA JENSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | DAN JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | ED KUNKEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | BILL MCGREGOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | JACE MUNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | EVAN PARKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | CHARLIE SCHNEIDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | PERRY SHEA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | DR TIMOTHY STOKES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | CARRIE WHISLER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 180601 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT-ELECT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY / TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | IMMEDIATE PAST PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1981 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 23 |
| IRS990/GovernmentGrantsAmt | 0 | 2322411 |
| IRS990/GrantAmt | 0 | 637908 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 30000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 30000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 607908 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 607908 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 3432826 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 23 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 7172 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 7172 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 5149 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 374 |
| IRS990/InterestGrp/TotalAmt | 0 | 5523 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 86 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 86 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 50 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 10461 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 10461 |
| IRS990/LegalDomicileStateCd | 0 | WA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 148950 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF THE THE THURSTON EDC IS TO PROMOTE AND INCREASE SUSTAINABLE ECONOMIC, INVESTMENT AND EMPLOYMENT OPPORTUNITIES THROUGHOUT THURSTON COUNTY THAT SUPPORT THE LIVELIHOOD, VALUES OF THE RESIDENTS OF THE COUNTY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 197313 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 110032 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 235735 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 222132 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 235735 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 222132 |
| IRS990/NondeductibleContributionsInd | 0 | 1 |
| IRS990/NondeductibleContriDisclInd | 0 | 1 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 65303 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 1039 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 66342 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 13699 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3520 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 17219 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 41474 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 36026 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 77500 |
| IRS990/OtherExpensesGrp/Desc | 0 | EVENT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | BAD DEBT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6516 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 8500 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 646 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 77163 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 64633 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 8575 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2913 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 83679 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 64633 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17075 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3559 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 812900 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER MISC |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 159738 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 159738 |
| IRS990/OtherRevenueTotalAmt | 0 | 159738 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 478970 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 515542 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 994512 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 54190 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 57739 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 111929 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 10616 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 8954 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 19570 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL CADE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 812900 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 812900 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PTAC REIMBURSED EXPENS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | NORTHWEST ALLIANCE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | EXPO |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | REAL ESTATE FORUM |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | HOOTENANNY |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 318512 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 70807 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 43900 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 34610 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 24650 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 318512 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 70807 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 43900 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 34610 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 24650 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | PROVIDED ASSISTANCE TO FOSTER ECONOMIC DEVELOPMENT IN THURSTON COUNTY BY HOSTING VARIOUS EVENTS. WE ARE COMMITTED TO EXPANDING PRIVATE ENTERPRISES THAT DIVERSIFY AND STRENGTHEN THE ECONOMIC BASE AND CREATE NEW OPPORTUNITIES FOR LIVING-WAGE JOBS IN THURSTON COUNTY. |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $705,199
- Liabilities
- $483,067
- Net assets
- $222,132
- Revenue
- $3,432,826
- Expenses
- $3,446,429
- Net income
- -$13,603