Form 990 for tax year 2024
Filed by INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL INC.
Totals
- Total revenue
- $16,117,938
- Total expenses
- $16,839,439
- Contributions and grants received
- $9,535,041
- Grants paid
- $0
- Program service revenue
- $6,466,630
- Investment income
- $74,637
- Other revenue
- $41,630
- Total assets, end of year
- $9,660,631
- Total liabilities, end of year
- $2,344,603
- Net assets or fund balances, end of year
- $7,316,028
- Program services expenses (Part IX)
- $12,492,918
- Management and general expenses
- $4,346,521
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $12,492,918
Program services were 74.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$9,535,041
-
2a · Program service revenue: CONFERENCE
total $4,602,623 · related or exempt $4,447,173 · unrelated business $155,450
-
2b · Program service revenue: EDUCATION/CERTIFICATION
total $1,422,664 · related or exempt $1,422,664
-
2c · Program service revenue: ADVISORY SERVICES
total $441,343 · related or exempt $441,343
-
3 · Investment income
total $74,637 · excluded $74,637
-
6a · Gross rents
real property $41,630
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $41,630
-
6d · Net rental income or loss
total $41,630 · related or exempt $41,630
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,127,466 · program services $395,261 · management and general $732,205
-
7 · Other salaries and wages
total $2,906,827 · program services $1,459,746 · management and general $1,447,081
-
8 · Pension plan contributions
total $214,794 · program services $100,018 · management and general $114,776
-
9 · Other employee benefits
total $989,903 · program services $452,218 · management and general $537,685
-
10 · Payroll taxes
total $296,350 · program services $136,169 · management and general $160,181
-
11c · Fees: accounting
total $40,512 · management and general $40,512
-
11g · Fees: other
total $7,160,881 · program services $6,655,095 · management and general $505,786
-
12 · Advertising and promotion
total $1,138,369 · program services $1,138,369
-
13 · Office expenses
total $395,661 · program services $217,831 · management and general $177,830
-
14 · Information technology
total $132,155 · management and general $132,155
-
16 · Occupancy
total $269,941 · management and general $269,941
-
17 · Travel
total $286,866 · program services $216,870 · management and general $69,996
-
19 · Conferences, conventions and meetings
total $1,375,191 · program services $1,337,446 · management and general $37,745
-
22 · Depreciation, depletion and amortization
total $27,870 · management and general $27,870
-
23 · Insurance
total $76,746 · management and general $76,746
-
24a · Other expenses: BANK CHARGES
total $182,030 · management and general $182,030
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $134,557 · program services $109,784 · management and general $24,773
-
24c · Other expenses: BAD DEBT EXPENSE
total $42,036 · management and general $42,036
-
24d · Other expenses: DESIGN
total $39,492 · program services $39,492
-
24e · All other expenses
total $1,792 · program services $234,619 · management and general -$232,827
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $821,197 · end of year $1,364,384
-
2 · Savings and temporary cash investments
beginning of year $1,038,205
-
4 · Accounts receivable
beginning of year $4,063,933 · end of year $4,082,718
-
8 · Inventories for sale or use
beginning of year $39,011 · end of year $39,011
-
9 · Prepaid expenses and deferred charges
beginning of year $526,237 · end of year $492,562
-
10a · Land, buildings and equipment: cost or other basis
$1,189,203
-
10b · Land, buildings and equipment: accumulated depreciation
$1,057,591
-
10c · Land, buildings and equipment, net
beginning of year $175,280 · end of year $131,612
-
11 · Investments: publicly traded securities
beginning of year $3,614,094 · end of year $3,065,142
-
12 · Investments: other securities
beginning of year $432,106
-
15 · Other assets
beginning of year $667,023 · end of year $485,202
-
17 · Accounts payable and accrued expenses
beginning of year $674,588 · end of year $682,126
-
19 · Deferred revenue
beginning of year $1,262,933 · end of year $963,076
-
25 · Other liabilities
beginning of year $1,402,036 · end of year $699,401
-
27 · Net assets without donor restrictions
beginning of year $3,579,586 · end of year $3,726,914
-
28 · Net assets with donor restrictions
beginning of year $4,457,943 · end of year $3,589,114
Mission and programs · 2024
Mission
THROUGH BOLD LEADERSHIP, COLLABORATIVE PARTNERSHIPS, AND INNOVATIVE PROGRAMS AND SOLUTIONS, IEDC EQUIPS ECONOMIC DEVELOPERS TO DRIVE EQUITABLE AND SUSTAINABLE OUTCOMES FOR THE COMMUNITIES THEY SERVE AS: THE BEST PLACE TO WORK THE BEST PLACE FOR ECONOMIC DEVELOPERS TO LEARN AND CONNECT THE PREMIER PROFESSIONAL ASSOCIATION FOR ECONOMIC DEVELOPMENT WORLDWIDE
-
THE IEDC ADVISORY SERVICES AND RESEARCH (ASR) DEPARTMENT WORKED TO IMPROVE ECONOMIC OPPORTUNITIES FOR COMMUNITIES AND REGIONS PROVIDED TECHNICAL ASSISTANCE AND CUSTOMIZED ANALYSIS THAT HELPED CREATED SUSTAINABLE ECONOMIC DEVELOPMENT SOLUTIONS. WE KEPT ECONOMIC DEVELOPMENT PROFESSIONALS INFORMED ON ISSUES AND TRENDS IN THE FIELD THROUGH RESEARCH, PUBLICATIONS AND INFORMATION DISSEMINATION.
Expenses $12,492,918 · Revenue $6,352,810
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Eloisa KlementichELOISA KLEMENTICH
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Bryan DanielsBRYAN DANIELS
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Danielle CaseyDANIELLE CASEY
BOARD SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Scott MarquardtSCOTT MARQUARDT
BOARD MEMBER (EFFECTIVE 9/15/2024)
- Total calculated
- $0
- Hours/week
- 2
-
Juan Pablo AlcantarJUAN PABLO ALCANTAR
BOARD MEMBER (UNTIL 9/15/2024)
- Total calculated
- $0
- Hours/week
- 2
-
Beth BowmanBETH BOWMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amy Case-MadisonAMY CASE-MADISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael CatsiMICHAEL CATSI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Stephen CheungSTEPHEN CHEUNG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Barbra CoffeeBARBRA COFFEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rodney CrimRODNEY CRIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
William CroninWILLIAM CRONIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joi Cuartero-AustinJOI CUARTERO-AUSTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Julie CurtinJULIE CURTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Haldane DaviesHALDANE DAVIES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kevin DickKEVIN DICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dennis FraiseDENNIS FRAISE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ron FriersonRON FRIERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Philip GaskinPHILIP GASKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David GriggsDAVID GRIGGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Trish HeidenreichTRISH HEIDENREICH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Clyde HiggsCLYDE HIGGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mignonne HollisMIGNONNE HOLLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Molly HoweyMOLLY HOWEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tamika JenkinsTAMIKA JENKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Seonah KendallSEONAH KENDALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chris KnightCHRIS KNIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Maureen KraussMAUREEN KRAUSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Barb LamueBARB LAMUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David LeezerDAVID LEEZER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chris MasingillCHRIS MASINGILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Heather McDanielHEATHER MCDANIEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Josh MejiaJOSH MEJIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Quentin Messer JrQUENTIN MESSER JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ann Marie MillerANN MARIE MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bethany MillerBETHANY MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mandi MitchellMANDI MITCHELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan MorganJONATHAN MORGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rebecca MoudryREBECCA MOUDRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mike NealMIKE NEAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jessica PaoliniJESSICA PAOLINI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jonas PetersonJONAS PETERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Courtney PogueCOURTNEY POGUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Henry SilentmanHENRY SILENTMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ryan SilvaRYAN SILVA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dan SilvermanDAN SILVERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Leonard SledgeLEONARD SLEDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kelly SmallridgeKELLY SMALLRIDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jared SmithJARED SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Robert Van GeonsROBERT VAN GEONS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer WakefieldJENNIFER WAKEFIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joy WilkinsJOY WILKINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rob WilliamsROB WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ella WogerELLA WOGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nathan OhleNATHAN OHLE
PRESIDENT & CEO
- Total calculated
- $531,707
- From this org
- $468,779
- From related orgs
- $0
- Other
- $62,928
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $367,010
- Bonus
- $87,500
- Other
- $14,269
- Deferred
- $31,761
- Nontaxable benefits
- $31,167
- Filer's total
- $531,707
-
Blaine DunnBLAINE DUNN
DIRECTOR OF FINANCE
- Total calculated
- $122,997
- From this org
- $121,614
- From related orgs
- $0
- Other
- $1,383
- Hours/week
- 40
-
Rendell GinesRENDELL GINES
CHIEF INNOVATION OFFICER
- Total calculated
- $257,570
- From this org
- $204,947
- From related orgs
- $0
- Other
- $52,623
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $197,197
- Bonus
- $7,750
- Other
- $0
- Deferred
- $14,533
- Nontaxable benefits
- $38,090
- Filer's total
- $257,570
-
Julia KraegerJULIA KRAEGER
COO
- Total calculated
- $215,192
- From this org
- $196,683
- From related orgs
- $0
- Other
- $18,509
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,183
- Bonus
- $2,500
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $18,509
- Filer's total
- $215,192
-
Nicole ManapolNICOLE MANAPOL
SR PROGRAM DIRECTOR, ERC
- Total calculated
- $146,179
- From this org
- $135,710
- From related orgs
- $0
- Other
- $10,469
- Hours/week
- 40
-
Yesilernis PenaYESILERNIS PENA
SR DIRECTOR OF RESEARCH
- Total calculated
- $148,895
- From this org
- $130,681
- From related orgs
- $0
- Other
- $18,214
- Hours/week
- 40
-
Jamie RichardsJAMIE RICHARDS
BOARD LIAISON AND EXECUTIVE ASSISTANT
- Total calculated
- $136,933
- From this org
- $123,825
- From related orgs
- $0
- Other
- $13,108
- Hours/week
- 40
-
Todd LangTODD LANG
DIRECTOR
- Total calculated
- $145,737
- From this org
- $122,477
- From related orgs
- $0
- Other
- $23,260
- Hours/week
- 40
-
Rebecca ThomasREBECCA THOMAS
SR DIRECTOR OF PROFESSIONAL DEVELOPMENT
- Total calculated
- $134,706
- From this org
- $120,544
- From related orgs
- $0
- Other
- $14,162
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523149349302917
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