Civic Intelligence

Redmond Economic Development Inc

EIN 94-3059506 • 501(c)6 • Redmond, OR

Profile

Stimulate economic development in the local area.

411 SW 9th Street 203Redmond, OR 97756

www.rediinfo.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.13x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

81st percentile

0.16x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

40th percentile

-4.1%

Higher net margin than 40% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

9.3%

Faster asset growth than 69% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-6.6%

Faster revenue growth than 36% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$326,499

Down $19,298 (-5.6%) from 2023

Liabilities

Down

$3,175

Down $40,090 (-93%) from 2023

Net Assets

Up

$323,324

Up $20,792 (+6.9%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin40th percentile

Revenue

Up

$313,137

Up $34,527 (+12%) from 2023

Expenses

Up

$297,454

Up $7,314 (+2.5%) from 2023

Net Income

Up

$15,683

Up $27,213 (+236%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2012: $122,061Liabilities 2012: $02012Assets 2013: $143,684Liabilities 2013: $02013Assets 2014: $154,748Liabilities 2014: $02014Assets 2015: $163,860Liabilities 2015: $02015Assets 2016: $166,508Liabilities 2016: $02016Assets 2017: $175,485Liabilities 2017: $6682017Assets 2018: $147,871Liabilities 2018: $02018Assets 2019: $163,194Liabilities 2019: $0Net Assets 2019: $163,1942019Assets 2020: $166,892Liabilities 2020: $0Net Assets 2020: $166,8922020Assets 2021: $231,834Liabilities 2021: $0Net Assets 2021: $231,8342021Assets 2022: $316,379Liabilities 2022: $0Net Assets 2022: $316,3792022Assets 2023: $345,797Liabilities 2023: $43,265Net Assets 2023: $302,5322023Assets 2024: $326,499Liabilities 2024: $3,175Net Assets 2024: $323,3242024

Highlighted filing

2024

Assets$326,499
Liabilities$3,175
Net Assets$323,324
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2012: $78,400Expenses 2012: $101,365Net Income 2012: -$22,9652012Revenue 2013: $155,278Expenses 2013: $128,145Net Income 2013: $27,1332013Revenue 2014: $161,020Expenses 2014: $142,606Net Income 2014: $18,4142014Revenue 2015: $174,555Expenses 2015: $158,534Net Income 2015: $16,0212015Revenue 2016: $177,247Expenses 2016: $172,405Net Income 2016: $4,8422016Revenue 2017: $186,585Expenses 2017: $179,612Net Income 2017: $6,9732017Revenue 2018: $177,811Expenses 2018: $203,406Net Income 2018: -$25,5952018Revenue 2019: $220,540Expenses 2019: $207,060Net Income 2019: $13,4802019Revenue 2020: $216,364Expenses 2020: $212,172Net Income 2020: $4,1922020Revenue 2021: $254,121Expenses 2021: $193,955Net Income 2021: $60,1662021Revenue 2022: $298,380Expenses 2022: $200,297Net Income 2022: $98,0832022Revenue 2023: $278,610Expenses 2023: $290,140Net Income 2023: -$11,5302023Revenue 2024: $313,137Expenses 2024: $297,454Net Income 2024: $15,6832024

Highlighted filing

2024

Revenue$313,137
Expenses$297,454
Net Income$15,683
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$326,499
Liabilities
$3,175
Net assets
$323,324
Revenue
$313,137
Expenses
$297,454
Net income
$15,683
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.26$0.03$3.23$3.13$2.97$0.16
2023Detailed filing. Detailed filing data is available for this year.$3.46$0.43$3.03$2.79$2.90$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$2.98$2.00$0.98
2021Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$2.54$1.94$0.60
2020Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$2.16$2.12$0.04
2019Summary only. Only limited summary data is available for this year.$1.63$0.00$1.63$2.21$2.07$0.13
2018Summary only. Only limited summary data is available for this year.$1.48$0.00$1.78$2.03$0.26
2017Summary only. Only limited summary data is available for this year.$1.75$0.01$1.87$1.80$0.07
2016Summary only. Only limited summary data is available for this year.$1.67$0.00$1.77$1.72$0.05
2015Summary only. Only limited summary data is available for this year.$1.64$0.00$1.75$1.59$0.16
2014Summary only. Only limited summary data is available for this year.$1.55$0.00$1.61$1.43$0.18
2013Summary only. Only limited summary data is available for this year.$1.44$0.00$1.55$1.28$0.27
2012Summary only. Only limited summary data is available for this year.$1.22$0.00$0.78$1.01$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 17, 2025
Return Version
2023v6.0
Gross Receipts
$350,652
Mission and Program Overview

Mission

Stimulate economic development in the local area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$171,355$173,168▲ $1,813
Cash and Non-Interest-Bearing Accounts$169,729$148,617▼ $21,112
Land, Buildings, and Equipment, Net$4,713$4,713→ $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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$345,797$326,499▼ $19,298
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$42,492$2,641▼ $39,851
Other Liabilities$773$534▼ $239
Total Liabilities$43,265$3,175▼ $40,090
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$302,532$323,324▲ $20,792
Total Net Assets Fund Balance$302,532$323,324▲ $20,792
Total Liabilities and Net Assets / Fund Balance$345,797$326,499▼ $19,298

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,713-$4,713
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Steve CurleyExecutive DirectorFT$151,998$151,998

Board Members and Trustees

NameTitle
Chris RitchiePresident
Rick BaileyVice President
Alison HuyckeDirector
Brandy SniderDirector
Bruce BarrettDirector
Charan ClineDirector
Courtney CobbDirector
Craig HuntDirector
Eric SandeDirector
Jill CummingsDirector
John NielsonDirector
Julie HyerDirector
Keith WitcoskyDirector
Kimmie DuncanDirector
LoriAnn KuhnDirector
Matthew ChancellorDirector
Michael BishopDirector
Michael FisherDirector
Nicole RamosDirector
Phil ChangDirector
Wendy EveryDirector
Karen TurnerSecretary
Tim ParkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$255,978
Program Service Revenue
$0
Investment Income
$6,704
Other Revenue
$50,455
All Other Contributions
$81,800
Change in Net Assets
$15,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$235,615
Other Expenses$61,839
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$151,998
Other Salaries and Wages$83,617--$83,617
Information Technology$8,044--$8,044
Fees for Services Accounting-$5,650-$5,650
Advertising$3,953--$3,953
Office Expenses-$2,369-$2,369
Conferences and Meetings$1,725--$1,725
All Other Expenses$587--$587
Other Expenses$675$504-$504
Total Functional Expenses$136,933$8,523$0$297,454
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$87,970
Fundraising Direct Expenses$37,515
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Luncheon$53,550$53,550$28,255$25,295
Made in Redmond Tour$15,630$15,630$2,214$13,416
Total Events$85,220$85,220$36,802$48,418
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$534
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Redmond Economic Development Inc
EIN
94-3059506
Phone
5419235223
Address
411 SW 9TH STREET 203, REDMOND, OR 97756

Signing Officer

Name
Steve Curley
Title
Executive Director
Signed
2025-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Curley
Formed
1987
Legal Domicile
Or
Voting Board Members
24
Independent Board Members
0
Employees
0

Preparer

Firm
Alliance Professionals Llp
Address
439 SW UMATILLA AVE UNIT 110, REDMOND, OR 97756
Preparer
Jennifer J Werner
Phone
5415481735
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