Civic Intelligence

Lincoln County Economic Development Corporation

990EZ • Fiscal year 2016 • EIN 94-3206648

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 18, 2017

PO Box 716Newport, OR 97365

(541) 961-3837

Siviq Scores

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

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.01x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

57th percentile

5.5%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

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

Assets

Up

$67,927

Up $3,524 (+5.5%) from 2015

Net Assets

Up

$66,638

Up $3,387 (+5.4%) from 2015

Liabilities

Up

$1,289

Up $137 (+12%) from 2015

Revenue

Up

$124,301

Up $17,846 (+17%) from 2015

Expenses

Down

$120,445

Down $5,095 (-4.1%) from 2015

Net Income

Up

$3,856

Up $22,941 (+120%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $87,508Liabilities 2012: $1,173Net Assets 2012: $86,3352012Assets 2013: $88,366Liabilities 2013: $1,354Net Assets 2013: $87,0122013Assets 2014: $83,640Liabilities 2014: $1,304Net Assets 2014: $82,3362014Assets 2015: $64,403Liabilities 2015: $1,152Net Assets 2015: $63,2512015Assets 2016: $67,927Liabilities 2016: $1,289Net Assets 2016: $66,6382016Assets 2017: $91,497Liabilities 2017: $1,376Net Assets 2017: $90,1212017Assets 2018: $99,803Liabilities 2018: $1,508Net Assets 2018: $98,2952018Assets 2019: $109,347Liabilities 2019: $2,994Net Assets 2019: $106,3532019Assets 2020: $192,529Liabilities 2020: $1,891Net Assets 2020: $190,6382020Assets 2021: $148,695Net Assets 2021: $148,6952021Assets 2022: $87,543Net Assets 2022: $87,5432022Assets 2023: $945,218Liabilities 2023: $1Net Assets 2023: $945,2172023Assets 2024: $692,436Liabilities 2024: $0Net Assets 2024: $692,4362024

Highlighted filing

2016

Assets$67,927
Liabilities$1,289
Net Assets$66,638

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $170,5492012Expenses 2013: $156,3212013Revenue 2014: $105,229Expenses 2014: $110,642Net Income 2014: -$5,4132014Revenue 2015: $106,455Expenses 2015: $125,540Net Income 2015: -$19,0852015Revenue 2016: $124,301Expenses 2016: $120,445Net Income 2016: $3,8562016Revenue 2017: $192,674Expenses 2017: $169,191Net Income 2017: $23,4832017Revenue 2018: $138,087Expenses 2018: $130,076Net Income 2018: $8,0112018Revenue 2019: $178,803Expenses 2019: $169,940Net Income 2019: $8,8632019Revenue 2020: $199,948Expenses 2020: $116,205Net Income 2020: $83,7432020Revenue 2021: $105,485Expenses 2021: $147,478Net Income 2021: -$41,9932021Revenue 2022: $91,195Expenses 2022: $152,347Net Income 2022: -$61,1522022Revenue 2023: $1,160,682Expenses 2023: $303,008Net Income 2023: $857,6742023Revenue 2024: $262,084Expenses 2024: $544,865Net Income 2024: -$282,7812024

Highlighted filing

2016

Revenue$124,301
Expenses$120,445
Net Income$3,856
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 18, 2017
Return Version
2015v3.0
Gross Receipts
$124,301
Mission and Program Overview

Mission

To deliver economic development services to facilitate creation, growth and retention of lincoln county businesses.

Program Services

DescriptionGrantsExpenses
4.YAQUINA BAY OCEAN OBSERVING INITIATIVE: WE SUPPORT AN ECONOMIC DEVELOPMENT STRATEGY TO MAKE NEWPORT A HUB FOR ALL OCEAN RELATED SCIENCE AND TECHNOLOGY IN THE PACIFIC NORTHWEST. THERE IS NOW INCREASING SCIENTIFIC AND ECONOMIC ACTIVITY IN OUR REGION. IN ADDITION TO THE MARINE STUDIES CAM PUS SOON TO BE UNDERWAY, OCEAN OBSERVING, MARINE EDUCATION, AND BOAT BUILDING CONTINUE TO BE STRENGTHS. 5.ENTERPRISE ZONE MANAGEMENT: WE PROVIDE INFORMATION FOR QUALIFYING COMPANIES (CERTAIN INDUSTRIES) TO TAKE ADVANTAGE OF THIS TAX INCENTIVE OFFERED BY THE STATE OF OREGON. QUALIFIED APPLICATIONS ARE SUBMITTED AND REVIEWED LOCALLY. 6.ACTIVE PARTNERSHIPS: THE EDALC IS AN ACTIVE PARTNER WITH CHAMBERS, SMALL BUSINESS DEVELOPMENT, AND THE YAQUINA BAY ECONOMIC FOUNDATION. WITH USDA SUPPORT, WE ARE FOCUSING ON MARINE RELATED INDUSTRY IN OUR COUNTY TO CREATE AN INDUSTRY CLUSTER OF SUPPORTIVE ECONOMIC ACTIVITY FOR SEAFOOD PRODUCTS, SCIENTIFIC RESEARCH, AND RENEWABLE ENERGY. WE ARE SERVING ENTREPRENEURS AND LOCAL STARTUPS, THROUGH WORKING WITH RAIN (REGIONAL ACCELERATOR AND INNOVATION NETWORK TO PROVIDE SUPPORT FOR THEM.-$42,121
STRATEGIC PLANNING: THE ECONOMIC DEVELOPMENT ALLIANCE OF LINCOLN COUNTY WAS CREATED IN 1994 AND CHARGED WITH MAKING A ROAD MAP FOR ECONOMIC DEVELOPMENT IN THE COUNTY. CONSEQUENTLY, WE CONSULT WITH ECONOMIC DEVELOPMENT LEADERS IN THE COMMUNITY TO SET AND UPDATE THE GOALS OF THE COUNTY, AND PARTICIPATE IN REGIONAL AND STATEWIDE GOAL SETTING SUCH AS THE CEDS AND OREGON BUSINESS PLAN.--
COMMUNITY AND ECONOMIC DEVELOPMENT GRANT REVIEW: THE BOARD OF DIRECTORS SERVES AS THE REVIEW COMMITTEE FOR THE LINCOLN COUNTY COMMUNITY AND ECONOMIC DEVELOPMENT GRANT FUND. THE ALLIANCE BOARD REPORTS TO THE BOARD OF COMMISSIONERS AND DELIVERS ITS RECOMMENDATIONS. THE CRITERIA ARE UPDATED AND REFINED PERIODICALLY AND EXECUTIVE DIRECTOR CAROLINE BAUMAN HOLDS TRAIN ING SEMINARS FOR GRANT APPLICANTS TO ASSIST IN THEIR SUCCESS.--
SOURCE OF INFORMATION TO THE PUBLIC: WE PROVIDE INFORMATION TO PROSPECTIVE BUSINESS OWNERS, CURRENT OWNERS/MANAGERS, AND THE PUBLIC ON THE BUSINESS CLIMATE. WE MAINTAIN A LIST OF DEVELOP ABLE PROPERTIES AND ASSIST IN MARKETING AS NEEDED.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KERRY KEMPTreasurer-$0--
STEVE BOYNTONBoard Member-$0--
CJ DRAKEBoard Member-$0--
BRYAN FITZSIMMONSBoard Member-$0--
KEVIN GREENWOODBoard Member-$0--
CURT ABBOTTChair-$0--
JILL LYONVice Chair-$0--
DOUG HUNTBoard Member-$0--
LESLEY OGDENBoard Member-$0--
TRACY ANTHONY BAILEYBoard Member-$0--
CAROLINE BAUMANDirectorFT$0--
CARRIE LEWISBoard Member-$0--
GREGG HARPERBoard Member-$0--
ROBERT COWENBoard Member-$0--
BIRGITTE RYSLINGEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lincoln County Economic Development
EIN
94-3206648
Address
PO BOX 716, NEWPORT, OR 97365

Signing Officer

Name
Caroline Bauman
Title
Director
Phone
5419643837
Signed
2017-01-18

Preparer

Firm
Bryan P Fitzsimmons CPA
Address
2015 NW 39TH STREET SUITE 200, LINCOLN CITY, OR 97367
Preparer
Bryan P Fitzsimmons
Phone
5419943333
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing & promotion 3,497 office supplies 1,578 fees 121 web services 1,435 office 209 travel 3,021 mileage reimburse 1,157 meals 1,723 conference 450 professional devel 2,551 work comp 242 liability d&o 1,363 organizational affiliatio 1,047 usda 6,575 non-investment depreciation 191 total 25,160

Form 990-ez, Part I, Line 20

PY ADJUSTMENTS -468

Form 990-ez, Part II, Line 24

Accounts receivable 468 0 prepaid expenses and deferred charges 710 500 5,538 5,538 less accumulated depreciation 5,014 5,205 total 1,702 833

Form 990-ez, Part II, Line 26

Payroll liabilities 1,152 1,289

Form 990-ez, Part III

To deliver economic development services to facilitate creation, growth and retention of lincoln county businesses.

Form 990-ez, Part III, Line 28

Strategic planning: the economic development alliance of lincoln county was created in 1994 and charged with making a road map for economic development in the county. Consequently, we consult with economic development leaders in the community to set and update the goals of the county, and participate in regional and statewide goal setting such as the ceds and oregon business plan.

Form 990-ez, Part III, Line 29

Community and economic development grant review: the board of directors serves as the review committee for the lincoln county community and economic development grant fund. The alliance board reports to the board of commissioners and delivers its recommendations. The criteria are updated and refined periodically and executive director caroline bauman holds train ing seminars for grant applicants to assist in their success.

Form 990-ez, Part III, Line 30

Source of information to the public: we provide information to prospective business owners, current owners/managers, and the public on the business climate. We maintain a list of develop able properties and assist in marketing as needed.

Form 990-ez, Part III, Line 31

4.yaquina bay ocean observing initiative: we support an economic development strategy to make newport a hub for all ocean related science and technology in the pacific northwest. There is now increasing scientific and economic activity in our region. In addition to the marine studies cam pus soon to be underway, ocean observing, marine education, and boat building continue to be strengths. 5.enterprise zone management: we provide information for qualifying companies (certain industries) to take advantage of this tax incentive offered by the state of oregon. Qualified applications are submitted and reviewed locally. 6.active partnerships: the edalc is an active partner with chambers, small business development, and the yaquina bay economic foundation. With usda support, we are focusing on marine related industry in our county to create an industry cluster of supportive economic activity for seafood products, scientific research, and renewable energy. We are serving entrepreneurs and local startups, through working with rain (regional accelerator and innovation network to provide support for them.

Raw XML Appendix165 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LINCOLN CO ECONOMIC DEVEL ALLIANCE
IRS990EZ/BooksInCareOfDetail/PhoneNum05419613837
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 716
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd097365
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt062700
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt067094
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0124235
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03856
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01840
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt064402
IRS990EZ/Form990TotalAssetsGrp/EOYAmt067927
IRS990EZ/GrossReceiptsAmt0124301
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt066
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt063250
IRS990EZ/NetAssetsOrFundBalancesEOYAmt066638
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt063250
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt066638
IRS990EZ/OccupancyRentUtltsAndMaintAmt08138
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt111.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt121.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt131.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt141.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KERRY KEMP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVE BOYNTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CJ DRAKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRYAN FITZSIMMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEVIN GREENWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CURT ABBOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JILL LYON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DOUG HUNT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LESLEY OGDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9TRACY ANTHONY BAILEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10CAROLINE BAUMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11CARRIE LEWIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12GREGG HARPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13ROBERT COWEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14BIRGITTE RYSLINGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01702
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0833
IRS990EZ/OtherChangesInNetAssetsAmt0-468
IRS990EZ/OtherExpensesTotalAmt025160
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO DELIVER ECONOMIC DEVELOPMENT SERVICES TO FACILITATE CREATION, GROWTH AND RETENTION OF LINCOLN COUNTY BUSINESSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STRATEGIC PLANNING: THE ECONOMIC DEVELOPMENT ALLIANCE OF LINCOLN COUNTY WAS CREATED IN 1994 AND CHARGED WITH MAKING A ROAD MAP FOR ECONOMIC DEVELOPMENT IN THE COUNTY. CONSEQUENTLY, WE CONSULT WITH ECONOMIC DEVELOPMENT LEADERS IN THE COMMUNITY TO SET AND UPDATE THE GOALS OF THE COUNTY, AND PARTICIPATE IN REGIONAL AND STATEWIDE GOAL SETTING SUCH AS THE CEDS AND OREGON BUSINESS PLAN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COMMUNITY AND ECONOMIC DEVELOPMENT GRANT REVIEW: THE BOARD OF DIRECTORS SERVES AS THE REVIEW COMMITTEE FOR THE LINCOLN COUNTY COMMUNITY AND ECONOMIC DEVELOPMENT GRANT FUND. THE ALLIANCE BOARD REPORTS TO THE BOARD OF COMMISSIONERS AND DELIVERS ITS RECOMMENDATIONS. THE CRITERIA ARE UPDATED AND REFINED PERIODICALLY AND EXECUTIVE DIRECTOR CAROLINE BAUMAN HOLDS TRAIN ING SEMINARS FOR GRANT APPLICANTS TO ASSIST IN THEIR SUCCESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SOURCE OF INFORMATION TO THE PUBLIC: WE PROVIDE INFORMATION TO PROSPECTIVE BUSINESS OWNERS, CURRENT OWNERS/MANAGERS, AND THE PUBLIC ON THE BUSINESS CLIMATE. WE MAINTAIN A LIST OF DEVELOP ABLE PROPERTIES AND ASSIST IN MARKETING AS NEEDED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt34.YAQUINA BAY OCEAN OBSERVING INITIATIVE: WE SUPPORT AN ECONOMIC DEVELOPMENT STRATEGY TO MAKE NEWPORT A HUB FOR ALL OCEAN RELATED SCIENCE AND TECHNOLOGY IN THE PACIFIC NORTHWEST. THERE IS NOW INCREASING SCIENTIFIC AND ECONOMIC ACTIVITY IN OUR REGION. IN ADDITION TO THE MARINE STUDIES CAM PUS SOON TO BE UNDERWAY, OCEAN OBSERVING, MARINE EDUCATION, AND BOAT BUILDING CONTINUE TO BE STRENGTHS. 5.ENTERPRISE ZONE MANAGEMENT: WE PROVIDE INFORMATION FOR QUALIFYING COMPANIES (CERTAIN INDUSTRIES) TO TAKE ADVANTAGE OF THIS TAX INCENTIVE OFFERED BY THE STATE OF OREGON. QUALIFIED APPLICATIONS ARE SUBMITTED AND REVIEWED LOCALLY. 6.ACTIVE PARTNERSHIPS: THE EDALC IS AN ACTIVE PARTNER WITH CHAMBERS, SMALL BUSINESS DEVELOPMENT, AND THE YAQUINA BAY ECONOMIC FOUNDATION. WITH USDA SUPPORT, WE ARE FOCUSING ON MARINE RELATED INDUSTRY IN OUR COUNTY TO CREATE AN INDUSTRY CLUSTER OF SUPPORTIVE ECONOMIC ACTIVITY FOR SEAFOOD PRODUCTS, SCIENTIFIC RESEARCH, AND RENEWABLE ENERGY. WE ARE SERVING ENTREPRENEURS AND LOCAL STARTUPS, THROUGH WORKING WITH RAIN (REGIONAL ACCELERATOR AND INNOVATION NETWORK TO PROVIDE SUPPORT FOR THEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042121
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt085307
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01152
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01289
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0120445
IRS990EZ/TotalProgramServiceExpensesAmt042121
IRS990EZ/TotalRevenueAmt0124301
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING & PROMOTION 3,497 OFFICE SUPPLIES 1,578 FEES 121 WEB SERVICES 1,435 OFFICE 209 TRAVEL 3,021 MILEAGE REIMBURSE 1,157 MEALS 1,723 CONFERENCE 450 PROFESSIONAL DEVEL 2,551 WORK COMP 242 LIABILITY D&O 1,363 ORGANIZATIONAL AFFILIATIO 1,047 USDA 6,575 NON-INVESTMENT DEPRECIATION 191 TOTAL 25,160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PY ADJUSTMENTS -468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 468 0 PREPAID EXPENSES AND DEFERRED CHARGES 710 500 5,538 5,538 LESS ACCUMULATED DEPRECIATION 5,014 5,205 TOTAL 1,702 833
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL LIABILITIES 1,152 1,289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO DELIVER ECONOMIC DEVELOPMENT SERVICES TO FACILITATE CREATION, GROWTH AND RETENTION OF LINCOLN COUNTY BUSINESSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5STRATEGIC PLANNING: THE ECONOMIC DEVELOPMENT ALLIANCE OF LINCOLN COUNTY WAS CREATED IN 1994 AND CHARGED WITH MAKING A ROAD MAP FOR ECONOMIC DEVELOPMENT IN THE COUNTY. CONSEQUENTLY, WE CONSULT WITH ECONOMIC DEVELOPMENT LEADERS IN THE COMMUNITY TO SET AND UPDATE THE GOALS OF THE COUNTY, AND PARTICIPATE IN REGIONAL AND STATEWIDE GOAL SETTING SUCH AS THE CEDS AND OREGON BUSINESS PLAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMMUNITY AND ECONOMIC DEVELOPMENT GRANT REVIEW: THE BOARD OF DIRECTORS SERVES AS THE REVIEW COMMITTEE FOR THE LINCOLN COUNTY COMMUNITY AND ECONOMIC DEVELOPMENT GRANT FUND. THE ALLIANCE BOARD REPORTS TO THE BOARD OF COMMISSIONERS AND DELIVERS ITS RECOMMENDATIONS. THE CRITERIA ARE UPDATED AND REFINED PERIODICALLY AND EXECUTIVE DIRECTOR CAROLINE BAUMAN HOLDS TRAIN ING SEMINARS FOR GRANT APPLICANTS TO ASSIST IN THEIR SUCCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SOURCE OF INFORMATION TO THE PUBLIC: WE PROVIDE INFORMATION TO PROSPECTIVE BUSINESS OWNERS, CURRENT OWNERS/MANAGERS, AND THE PUBLIC ON THE BUSINESS CLIMATE. WE MAINTAIN A LIST OF DEVELOP ABLE PROPERTIES AND ASSIST IN MARKETING AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt84.YAQUINA BAY OCEAN OBSERVING INITIATIVE: WE SUPPORT AN ECONOMIC DEVELOPMENT STRATEGY TO MAKE NEWPORT A HUB FOR ALL OCEAN RELATED SCIENCE AND TECHNOLOGY IN THE PACIFIC NORTHWEST. THERE IS NOW INCREASING SCIENTIFIC AND ECONOMIC ACTIVITY IN OUR REGION. IN ADDITION TO THE MARINE STUDIES CAM PUS SOON TO BE UNDERWAY, OCEAN OBSERVING, MARINE EDUCATION, AND BOAT BUILDING CONTINUE TO BE STRENGTHS. 5.ENTERPRISE ZONE MANAGEMENT: WE PROVIDE INFORMATION FOR QUALIFYING COMPANIES (CERTAIN INDUSTRIES) TO TAKE ADVANTAGE OF THIS TAX INCENTIVE OFFERED BY THE STATE OF OREGON. QUALIFIED APPLICATIONS ARE SUBMITTED AND REVIEWED LOCALLY. 6.ACTIVE PARTNERSHIPS: THE EDALC IS AN ACTIVE PARTNER WITH CHAMBERS, SMALL BUSINESS DEVELOPMENT, AND THE YAQUINA BAY ECONOMIC FOUNDATION. WITH USDA SUPPORT, WE ARE FOCUSING ON MARINE RELATED INDUSTRY IN OUR COUNTY TO CREATE AN INDUSTRY CLUSTER OF SUPPORTIVE ECONOMIC ACTIVITY FOR SEAFOOD PRODUCTS, SCIENTIFIC RESEARCH, AND RENEWABLE ENERGY. WE ARE SERVING ENTREPRENEURS AND LOCAL STARTUPS, THROUGH WORKING WITH RAIN (REGIONAL ACCELERATOR AND INNOVATION NETWORK TO PROVIDE SUPPORT FOR THEM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLINE BAUMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05419643837
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LINCOLN COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LINC
ReturnHeader/Filer/EIN0943206648
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 716
ReturnHeader/Filer/USAddress/CityNm0NEWPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRYAN P FITZSIMMONS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02015 NW 39TH STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097367
ReturnHeader/PreparerPersonGrp/PhoneNum05419943333
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYAN P FITZSIMMONS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-01-24T15:51:04-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings