Civic Intelligence

Strategic Economic Development Corporation of the MID-Willamette Valley

990 • Fiscal year 2018 • EIN 93-0810393

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 05, 2018

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

21st percentile

0.00x

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.00x

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

60th percentile

6.6%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$120,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 17.3% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

62nd percentile

7.7%

Faster asset growth than 62% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

36th percentile

-1.3%

Faster revenue growth than 36% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$647,090

Up $45,998 (+7.7%) from 2017

Net Assets

Up

$647,090

Up $45,998 (+7.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin60th percentile

Revenue

Down

$693,509

Down $9,030 (-1.3%) from 2017

Expenses

Down

$647,514

Down $6,781 (-1.0%) from 2017

Net Income

Down

$45,995

Down $2,249 (-4.7%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth62nd 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

2018

Assets$647,090
Liabilities$0
Net Assets$647,090
Open 2018 Filing

Operations Trend

Revenue Growth36th 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

2018

Revenue$693,509
Expenses$647,514
Net Income$45,995
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 5, 2018
Return Version
2017v2.2
Gross Receipts
$768,941
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$336,208$324,481▼ $11,727
Investments in Publicly Traded Securities$259,266$317,071▲ $57,805
Land, Buildings, and Equipment, Net$4,797$5,538▲ $741
Savings and Temporary Cash Investments-$0-
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$601,095$647,090▲ $45,995
Other Assets Total$824$0▼ $824
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$601,095$647,090▲ $45,995
Total Net Assets Fund Balance$601,095$647,090▲ $45,995
Total Liabilities and Net Assets / Fund Balance$601,095$647,090▲ $45,995

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,538$32,496$38,034
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Chad FreemanPresidentFT$120,000$120,000

Board Members and Trustees

NameTitle
Mark HoytChairman
Rich DuncanPast Chair
Kevin CameronBoard Member
Lesa GoffBoard Member
Michael FowlerBoard Member
Nathan LevinBoard Member
Steve PowersBoard Member
Steve VanarsdaleBoard Member
Daryl KnoxSecretary/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$210,000
Program Service Revenue
$428,221
Investment Income
$7,067
Other Revenue
$48,221
Change in Net Assets
$45,995
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$459,890
Other Expenses$187,624
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$242,776
Current Officers, Directors, Trustees, and Key Employees---$120,000
Other Employee Benefits---$64,893
Occupancy---$59,464
Advertising---$52,198
Payroll Taxes---$32,221
All Other Expenses---$20,858
Other Expenses---$6,800
Conferences and Meetings---$4,975
Office Expenses---$4,911
Insurance---$3,758
Depreciation Depletion---$1,870
Travel---$1,820
Total Functional Expenses$0$0$0$647,514
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$114,989
Fundraising Direct Expenses$75,432
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Forums & Events$114,989$114,989$75,432$39,557
Total Events$114,989$114,989$75,432$39,557
Political and Lobbying Activity
Political campaign 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
Mark Hoyt
Title
Chairman
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
10
Employees
6

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 405 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/TotalAmt052198
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt020858
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/BOYAmt0336208
IRS990/CashNonInterestBearingGrp/EOYAmt0324481
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0120000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt04975
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0210000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07067
IRS990/CYOtherExpensesAmt0187624
IRS990/CYOtherRevenueAmt048221
IRS990/CYProgramServiceRevenueAmt0428221
IRS990/CYRevenuesLessExpensesAmt045995
IRS990/CYSalariesCompEmpBnftPaidAmt0459890
IRS990/CYTotalExpensesAmt0647514
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0693509
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt01870
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/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
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/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0LESA GOFF
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE VANARSDALE
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL FOWLER
IRS990/Form990PartVIISectionAGrp/PersonNm3KEVIN CAMERON
IRS990/Form990PartVIISectionAGrp/PersonNm4DARYL KNOX
IRS990/Form990PartVIISectionAGrp/PersonNm5RICH DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK HOYT
IRS990/Form990PartVIISectionAGrp/PersonNm7NATHAN LEVIN
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVE POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm9CHAD 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/ReportableCompFromOrgAmt9120000
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/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt075432
IRS990/FundraisingGrossIncomeAmt0114989
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0210000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0768941
IRS990/GrossRentsGrp/RealAmt08516
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt03758
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt07067
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07067
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0259266
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0317071
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032496
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04797
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05538
IRS990/LandBldgEquipCostOrOtherBssAmt038034
IRS990/LegalDomicileStateCd0OR
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
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/NetAssetsOrFundBalancesBOYAmt0601095
IRS990/NetAssetsOrFundBalancesEOYAmt0647090
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt039557
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt039557
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08516
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08516
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt059464
IRS990/OfficeExpensesGrp/TotalAmt04911
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0824
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt064893
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1MILEAGE REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/TotalAmt012172
IRS990/OtherExpensesGrp/TotalAmt111313
IRS990/OtherExpensesGrp/TotalAmt27485
IRS990/OtherExpensesGrp/TotalAmt36800
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0148
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0148
IRS990/OtherRevenueTotalAmt0148
IRS990/OtherSalariesAndWagesGrp/TotalAmt0242776
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt032221
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/Desc1MEETINGS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MEMBER ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc3MEMBERSHIP DUES & ASSESSM
IRS990/ProgramServiceRevenueGrp/Desc4OTHER GRANTS & CONTRACTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0200000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12669
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213539
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3162711
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt449302
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0200000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213539
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3162711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt449302
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0207809
IRS990/PYInvestmentIncomeAmt07846
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0201977
IRS990/PYOtherRevenueAmt025781
IRS990/PYProgramServiceRevenueAmt0461103
IRS990/PYRevenuesLessExpensesAmt048244
IRS990/PYSalariesCompEmpBnftPaidAmt0452318
IRS990/PYTotalExpensesAmt0654295
IRS990/PYTotalRevenueAmt0702539
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt045995
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08516
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05538
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032496
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038034
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05538
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt075432
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0VARIOUS FORUMS & EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0114989
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0114989
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0114989
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0114989
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt039557
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt075432
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt075432
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/TotalAssetsBOYAmt0601095
IRS990/TotalAssetsEOYAmt0647090
IRS990/TotalAssetsGrp/BOYAmt0601095
IRS990/TotalAssetsGrp/EOYAmt0647090
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0210000
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0647514
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0601095
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0647090
IRS990/TotalProgramServiceRevenueAmt0428221
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/ExclusionAmt046624
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0436885
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0693509
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0601095
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0647090
IRS990/TravelGrp/TotalAmt01820
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0601095
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0647090
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.sedcor.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK HOYT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930775226
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Porth & Unrein PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0864 Promontory Pl SE / PO 3200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0973020200
ReturnHeader/PreparerPersonGrp/PhoneNum05033709617
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL C PORTH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$647,090
Liabilities
$0
Net assets
$647,090
Revenue
$693,509
Expenses
$647,514
Net income
$45,995
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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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