Civic Intelligence

Strategic Economic Development Corporation of the MID-Willamette Valley

990 • Fiscal year 2016 • EIN 93-0810393

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 28, 2016

Organization Profilewww.sedcor.com

View Organization Page

626 High Street NESalem, OR 97301

(503) 588-6225

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

69th percentile

9.6%

Higher net margin than 69% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$125,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

54th percentile

4.4%

Faster revenue growth than 54% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$552,848

Up $70,063 (+15%) from 2015

Net Assets

Up

$552,848

Up $70,063 (+15%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin69th percentile

Revenue

Up

$728,248

Up $30,431 (+4.4%) from 2015

Expenses

Down

$658,185

Down $10,917 (-1.6%) from 2015

Net Income

Up

$70,063

Up $41,348 (+144%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $328,167Liabilities 2011: $0Net Assets 2011: $328,1672011Assets 2012: $374,835Liabilities 2012: $0Net Assets 2012: $374,8352012Assets 2013: $436,787Liabilities 2013: $0Net Assets 2013: $436,7872013Assets 2014: $454,070Liabilities 2014: $0Net Assets 2014: $454,0702014Assets 2015: $482,785Liabilities 2015: $0Net Assets 2015: $482,7852015Assets 2016: $552,848Liabilities 2016: $0Net Assets 2016: $552,8482016Assets 2017: $601,092Liabilities 2017: $0Net Assets 2017: $601,0922017Assets 2018: $647,090Liabilities 2018: $0Net Assets 2018: $647,0902018Assets 2019: $701,163Liabilities 2019: $0Net Assets 2019: $701,1632019Assets 2020: $593,297Liabilities 2020: $0Net Assets 2020: $593,2972020Assets 2021: $775,413Liabilities 2021: $0Net Assets 2021: $775,4132021Assets 2022: $899,705Liabilities 2022: $0Net Assets 2022: $899,7052022Assets 2023: $4,231,471Liabilities 2023: $366,237Net Assets 2023: $3,865,2342023Assets 2024: $1,002,692Liabilities 2024: $139,331Net Assets 2024: $863,3612024

Highlighted filing

2016

Assets$552,848
Liabilities$0
Net Assets$552,848
Open 2016 Filing

Operations Trend

Revenue Growth54th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $592,3122011Expenses 2012: $535,8172012Expenses 2013: $551,5252013Revenue 2014: $574,216Expenses 2014: $556,933Net Income 2014: $17,2832014Revenue 2015: $697,817Expenses 2015: $669,102Net Income 2015: $28,7152015Revenue 2016: $728,248Expenses 2016: $658,185Net Income 2016: $70,0632016Revenue 2017: $702,539Expenses 2017: $654,295Net Income 2017: $48,2442017Revenue 2018: $693,509Expenses 2018: $647,514Net Income 2018: $45,9952018Revenue 2019: $810,501Expenses 2019: $756,428Net Income 2019: $54,0732019Revenue 2020: $661,631Expenses 2020: $754,779Net Income 2020: -$93,1482020Revenue 2021: $1,145,012Expenses 2021: $962,895Net Income 2021: $182,1172021Revenue 2022: $1,197,091Expenses 2022: $1,072,799Net Income 2022: $124,2922022Revenue 2023: $4,168,737Expenses 2023: $1,203,208Net Income 2023: $2,965,5292023Revenue 2024: $1,216,662Expenses 2024: $4,218,535Net Income 2024: -$3,001,8732024

Highlighted filing

2016

Revenue$728,248
Expenses$658,185
Net Income$70,063
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 28, 2016
Return Version
2015v2.0
Gross Receipts
$786,998
Mission and Program Overview

Mission

Enhance & diversify the region's economy by bringing employers to the region. This is accomplished by leveraging the strength of our public/private partnerships, aggressively retaining and attracting high value jobs and capital investments while providing member services that support business success in marion and polk counties of oregon.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$240,550$296,621▲ $56,071
Investments in Publicly Traded Securities-$250,043-
Savings and Temporary Cash Investments$239,141$0▼ $239,141
Land, Buildings, and Equipment, Net$3,094$4,238▲ $1,144
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$482,785$552,848▲ $70,063
Other Assets Total-$1,946-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$482,785$552,848▲ $70,063
Total Net Assets Fund Balance$482,785$552,848▲ $70,063
Total Liabilities and Net Assets / Fund Balance$482,785$552,848▲ $70,063

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,238$30,351$34,589
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Chad C FreemanPresidentFT$125,000$125,000

Board Members and Trustees

NameTitle
Rich DuncanChair Elect
Patricia Callihan-bowmanChairman
Theresa HaskinsPast Chair
Brent DehartBoard Member
Kacey DuncanBoard Member
Kevin CameronBoard Member
Mark HoytBoard Member
Nathan LevinBoard Member
Daryl KnoxSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$195,588
Program Service Revenue
$480,853
Investment Income
$2,177
Other Revenue
$49,630
Change in Net Assets
$70,063
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$456,174
Other Expenses$202,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$228,999
Current Officers, Directors, Trustees, and Key Employees---$125,000
Other Employee Benefits---$68,648
Occupancy---$56,540
Payroll Taxes---$33,527
Conferences and Meetings---$27,190
All Other Expenses---$27,069
Other Expenses---$8,114
Office Expenses---$4,580
Depreciation Depletion---$1,235
Travel---$1,202
Total Functional Expenses$0$0$0$658,185
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$100,815
Fundraising Direct Expenses$58,750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$56,849$56,849$38,308$18,541
Golf Tournament$43,966$43,966$20,442$23,524
Total Events$100,815$100,815$58,750$42,065
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Line 6: Explanation of Classes of Members or Shareholder

“The organization members are dues paying members and consist of local area businesses in marion and polk counties.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Sedcor president and executive board review the form 990 prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Strategic Economic Development
EIN
93-0810393
Phone
5035886225
Address
626 HIGH STREET NE, SALEM, OR 97301

Signing Officer

Name
Chad C Freeman
Title
President
Signed
2016-09-28
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Or
Voting Board Members
10
Independent Board Members
9
Employees
5
Volunteers
15

Preparer

Firm
Porth & Unrein PC
Address
864 Promontory Pl SE / PO 3200, Salem, OR 97302-0200
Preparer
Daniel C Porth
Phone
5033709617
Raw XML AppendixShowing 400 of 414 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/AccountantCompileOrReviewInd0true
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ENHANCE & DIVERSIFY THE REGION'S ECONOMY BY BRINGING EMPLOYERS TO THE REGION. THIS IS ACCOMPLISHED BY LEVERAGING THE STRENGTH OF OUR PUBLIC/PRIVATE PARTNERSHIPS, AGGRESSIVELY RETAINING AND ATTRACTING HIGH VALUE JOBS AND CAPITAL INVESTMENTS WHILE PROVIDING MEMBER SERVICES THAT SUPPORT BUSINESS SUCCESS IN MARION AND POLK COUNTIES OF OREGON.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt027069
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CHAD FREEMAN
IRS990/BooksInCareOfDetail/PhoneNum05035886225
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0626 HIGH STREET NE SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097301
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0240550
IRS990/CashNonInterestBearingGrp/EOYAmt0296621
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0125000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt027190
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0195588
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02177
IRS990/CYOtherExpensesAmt0202011
IRS990/CYOtherRevenueAmt049630
IRS990/CYProgramServiceRevenueAmt0480853
IRS990/CYRevenuesLessExpensesAmt070063
IRS990/CYSalariesCompEmpBnftPaidAmt0456174
IRS990/CYTotalExpensesAmt0658185
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0728248
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt01235
IRS990/Desc0THE PRIMARY OBJECTIVE OF THE ORGANIZATION IS TO ENHANCE AND DIVERSIFY THE MID-WILLAMETTE VALLEY ECONOMY BY PROVIDING RECRUITMENT, RETENTION, AND OTHER SERVICES TO CITIES IN THE REGION. DURING THE YEAR SEVERAL LARGE AND SMALL EVENTS WERE ORGANIZED AND ATTENDED BY MORE THAN 1,500 PEOPLE. THESE EVENTS PROVIDED OPPORTUNITIES TO MEET AND NETWORK WITH SEDCOR MEMBERS AND BUSINESS COMMUNITY LEADERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
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/AverageHoursPerWeekRt940.00
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/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/PersonNm0THERESA HASKINS
IRS990/Form990PartVIISectionAGrp/PersonNm1PATRICIA CALLIHAN-BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRENT DEHART
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN CAMERON
IRS990/Form990PartVIISectionAGrp/PersonNm4DARYL KNOX
IRS990/Form990PartVIISectionAGrp/PersonNm5RICH DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm6KACEY DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MARK HOYT
IRS990/Form990PartVIISectionAGrp/PersonNm8NATHAN LEVIN
IRS990/Form990PartVIISectionAGrp/PersonNm9CHAD C FREEMAN
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/ReportableCompFromOrgAmt9125000
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/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SEC/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt058750
IRS990/FundraisingGrossIncomeAmt0100815
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0195588
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0786998
IRS990/GrossRentsGrp/RealAmt07265
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02177
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02177
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0250043
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030351
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03094
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04238
IRS990/LandBldgEquipCostOrOtherBssAmt034589
IRS990/LegalDomicileStateCd0OR
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ENHANCE & DIVERSIFY THE REGION'S ECONOMY BY BRINGING EMPLOYERS TO THE REGION. THIS IS ACCOMPLISHED BY LEVERAGING THE STRENGTH OF OUR PUBLIC/PRIVATE PARTNERSHIPS, AGGRESSIVELY RETAINING AND ATTRACTING HIGH VALUE JOBS AND CAPITAL INVESTMENTS WHILE PROVIDING MEMBER SERVICES THAT SUPPORT BUSINESS SUCCESS IN MARION AND POLK COUNTIES OF OREGON.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0482785
IRS990/NetAssetsOrFundBalancesEOYAmt0552848
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt042065
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt042065
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07265
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt07265
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt056540
IRS990/OfficeExpensesGrp/TotalAmt04580
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt01946
IRS990/OtherEmployeeBenefitsGrp/TotalAmt068648
IRS990/OtherExpensesGrp/Desc0ADVERTISING
IRS990/OtherExpensesGrp/Desc1MILEAGE REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/TotalAmt051027
IRS990/OtherExpensesGrp/TotalAmt113373
IRS990/OtherExpensesGrp/TotalAmt211681
IRS990/OtherExpensesGrp/TotalAmt38114
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0300
IRS990/OtherRevenueTotalAmt0300
IRS990/OtherSalariesAndWagesGrp/TotalAmt0228999
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt033527
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2900004
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0CITY CONTRACT
IRS990/ProgramServiceRevenueGrp/Desc1ECONOMIC FORUMS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP DUES & ASSESSM
IRS990/ProgramServiceRevenueGrp/Desc4OR BUS. DEV. DEPT.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0200000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt126541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28707
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3221912
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt412500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt126541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28707
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3221912
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0228403
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0187
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0224240
IRS990/PYOtherRevenueAmt023422
IRS990/PYProgramServiceRevenueAmt0445805
IRS990/PYRevenuesLessExpensesAmt028715
IRS990/PYSalariesCompEmpBnftPaidAmt0444862
IRS990/PYTotalExpensesAmt0669102
IRS990/PYTotalRevenueAmt0697817
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt070063
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt07265
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0239141
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04238
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030351
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt034589
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04238
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt058750
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt056849
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt043966
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0100815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt056849
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt043966
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0100815
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042065
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt058750
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt038308
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt020442
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MEMBERS ARE DUES PAYING MEMBERS AND CONSIST OF LOCAL AREA BUSINESSES IN MARION AND POLK COUNTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SEDCOR PRESIDENT AND EXECUTIVE BOARD REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0482785
IRS990/TotalAssetsEOYAmt0552848
IRS990/TotalAssetsGrp/BOYAmt0482785
IRS990/TotalAssetsGrp/EOYAmt0552848
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0195588
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0658185
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0482785
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0552848
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt011193
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt011193
IRS990/TotalProgramServiceRevenueAmt0480853
IRS990/TotalReportableCompFromOrgAmt0125000
IRS990/TotalRevenueGrp/ExclusionAmt042065
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0490595
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0728248
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0482785
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0552848
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt01202
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0482785
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0552848
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.sedcor.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHAD C FREEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRATEGIC ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION OF THE MID-WILLAMETTE VALLEY
ReturnHeader/Filer/BusinessNameControlTxt0STRA
ReturnHeader/Filer/EIN0930810393
ReturnHeader/Filer/PhoneNum05035886225
ReturnHeader/Filer/USAddress/AddressLine1Txt0626 HIGH STREET NE
ReturnHeader/Filer/USAddress/CityNm0SALEM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$552,848
Liabilities
$0
Net assets
$552,848
Revenue
$728,248
Expenses
$658,185
Net income
$70,063
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.14$0.86$1.22$4.22$3.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$0.37$3.87$4.17$1.20$2.97
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.00$0.90$1.20$1.07$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.00$0.78$1.15$0.96$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.66$0.75$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.00$0.70$0.81$0.76$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.69$0.65$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.00$0.60$0.70$0.65$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.73$0.66$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.70$0.67$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.57$0.56$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.00$0.33$0.59