Form 990 for tax year 2023
Filed by COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL.
Totals
- Total revenue
- $1,454,222
- Total expenses
- $1,381,189
- Contributions and grants received
- $1,073,035
- Grants paid
- $400,185
- Program service revenue
- $372,284
- Investment income
- $8,003
- Other revenue
- $900
- Total assets, end of year
- $1,071,598
- Total liabilities, end of year
- $60,111
- Net assets or fund balances, end of year
- $1,011,487
- Program services expenses (Part IX)
- $870,917
- Management and general expenses
- $510,272
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $870,917
Program services were 63.1% 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.
-
1b · Membership dues
$643,650
-
1c · Fundraising events
$29,200
-
1e · Government grants (contributions)
$400,185
-
2a · Program service revenue: CONTRACT REVENUE
total $260,574 · related or exempt $260,574
-
2b · Program service revenue: PROCUREMENT ASSISTANCE
total $50,086 · related or exempt $50,086
-
2c · Program service revenue: SPECIAL PROJECTS
total $32,511 · related or exempt $32,511
-
2d · Program service revenue: PROGRAM EVENTS
total $29,113 · related or exempt $29,113
-
3 · Investment income
total $8,003 · excluded $8,003
-
8a · Fundraising events: gross income
$37,450
-
8a · Fundraising events: contributions included on line 1c
$29,200
-
8b · Fundraising events: direct expenses
$36,550
-
8c · Net income from fundraising events
total $900 · excluded $900
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $400,185 · program services $400,185
-
5 · Compensation of officers, directors and key employees
total $181,943 · management and general $181,943
-
7 · Other salaries and wages
total $409,092 · program services $315,039 · management and general $94,053
-
8 · Pension plan contributions
total $15,392 · program services $9,478 · management and general $5,914
-
9 · Other employee benefits
total $38,270 · program services $23,510 · management and general $14,760
-
10 · Payroll taxes
total $45,795 · program services $26,911 · management and general $18,884
-
11b · Fees: legal
total $655 · management and general $655
-
11c · Fees: accounting
total $13,125 · management and general $13,125
-
11g · Fees: other
total $3,620 · program services $1,239 · management and general $2,381
-
12 · Advertising and promotion
total $19,551 · program services $15,051 · management and general $4,500
-
13 · Office expenses
total $13,768 · program services $3,918 · management and general $9,850
-
14 · Information technology
total $53,065 · program services $25,579 · management and general $27,486
-
16 · Occupancy
total $59,103 · management and general $59,103
-
17 · Travel
total $16,319 · program services $10,795 · management and general $5,524
-
19 · Conferences, conventions and meetings
total $13,040 · program services $7,519 · management and general $5,521
-
22 · Depreciation, depletion and amortization
total $11,280 · management and general $11,280
-
23 · Insurance
total $2,306 · management and general $2,306
-
24a · Other expenses: PROJECT & EVENT COSTS
total $53,880 · program services $19,813 · management and general $34,067
-
24b · Other expenses: MEMBERSHIPS & SUBSCRIPT
total $27,872 · program services $11,185 · management and general $16,687
-
24c · Other expenses: AWARDS & GIFTS
total $1,450 · program services $304 · management and general $1,146
-
24d · Other expenses: TRAINING
total $978 · program services $391 · management and general $587
-
24e · All other expenses
total $500 · management and general $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $891,884 · end of year $681,895
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $203,300
-
4 · Accounts receivable
beginning of year $70,480 · end of year $151,767
-
9 · Prepaid expenses and deferred charges
beginning of year $15,835 · end of year $14,793
-
10a · Land, buildings and equipment: cost or other basis
$76,026
-
10b · Land, buildings and equipment: accumulated depreciation
$56,183
-
10c · Land, buildings and equipment, net
beginning of year $20,896 · end of year $19,843
-
17 · Accounts payable and accrued expenses
beginning of year $35,093 · end of year $38,563
-
19 · Deferred revenue
beginning of year $25,548 · end of year $21,548
-
27 · Net assets without donor restrictions
beginning of year $938,454 · end of year $1,011,487
Mission and programs · 2023
Mission
THE COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL IS ESTABLISHED TO COORDINATE THE USE OF PUBLIC AND PRIVATE RESOURCES TO ACHIEVE A DIVERSIFIED, BALANCED, AND HEALTHY ECONOMIC ENVIRONMENT. ITS PURPOSE WILL BE TO DEFINE, SUPPORT, AND PROMOTE POLICIES AND ACTIVITIES, AND TO UNDERTAKE AND PARTICIPATE IN PROJECTS WHICH CONTRIBUTE TO THE ECONOMIC STABILITY AND GROWTH OF CLARK COUNTY, THEREBY INCREASING EMPLOYMENT AND INVESTMENT OPPORTUNITIES.
Activities or mission (Part I)
TO PROMOTE THE CREATION OF JOBS AND THE STIMULATION OF CAPITAL INVESTMENT IN SOUTHWEST WASHINGTON.
-
IN 2023, COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL (CREDC) CONTINUED TO PROVIDE SERVICE CONTRACTS, CONSULTING STUDIES, AND RESEARCH AND REPORTS FOR VARIOUS PRIVATE AND MUNICIPAL ENTITIES LOCATED WITHIN CLARK COUNTY, WASHINGTON AND THE GREATER PORTLAND REGION. THROUGH BUSINESS RETENTION, RECRUITMENT AND ENTREPRENEURIAL SUPPORT, CREDC PROMOTES JOB CREATION AND CAPITAL INVESTMENT IN THE LOCAL AREA. PROJECT IMPACT INCLUDED 9 RECRUITMENT AND EXPANSION WINS RESULTING IN $458 MILLION IN CAPITAL INVESTMENT AND APPROXIMATELY 509 NEW AND RETAINED JOBS IN CLARK COUNTY.
Expenses $870,917 · Grants $400,185 · Revenue $372,284
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jennifer BakerJENNIFER BAKER
PRESIDENT & BOARD MEMBER
- Total calculated
- $181,943
- From this org
- $168,000
- From related orgs
- $0
- Other
- $13,943
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $12,000
- Other
- $6,000
- Deferred
- $7,500
- Nontaxable benefits
- $6,443
- Filer's total
- $181,943
-
Mei WuMEI WU
CHAIR & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Alan HwangALAN HWANG
VICE CHAIR & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ken TseKEN TSE
TREASURER & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Alan GarciaALAN GARCIA
SECRETARY & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Lisa LoweLISA LOWE
PAST CHAIR & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
John MichaelJOHN MICHAEL
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Carmen CastroCARMEN CASTRO
EXEC COMM & BOARD MEMBER (PART-YEAR)
- Total calculated
- $0
- Hours/week
- 0
-
Helen DeveryHELEN DEVERY
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Steve HoganSTEVE HOGAN
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Julianna MarlerJULIANNA MARLER
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Randy MuellerRANDY MUELLER
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mel NetzhammerMEL NETZHAMMER
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
David RippDAVID RIPP
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Brian KnightBRIAN KNIGHT
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Erik PaulsenERIK PAULSEN
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jane Van DykeJANE VAN DYKE
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tim SchauerTIM SCHAUER
EXEC COMM & BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Ryan WestonRYAN WESTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Blake SeabaughBLAKE SEABAUGH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Kathleen Rienhardt-WaringKATHLEEN RIENHARDT-WARING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Lisa SchauerLISA SCHAUER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Augusto BassaniniAUGUSTO BASSANINI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Gil AmundsenGIL AMUNDSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Mark TishenkoMARK TISHENKO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Shawn DonaghySHAWN DONAGHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Karin EdwardsKARIN EDWARDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jake BigbyJAKE BIGBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Rebecca BirenbaumREBECCA BIRENBAUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Kara Fox-LaroseKARA FOX-LAROSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Eric LabrantERIC LABRANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Josh EngelbrechtJOSH ENGELBRECHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Sarah FoxSARAH FOX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Martina FetterMARTINA FETTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jon HersenJON HERSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Philip JohnsonPHILIP JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Billy HenryBILLY HENRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Shara WokalSHARA WOKAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Stephanie PhillipsSTEPHANIE PHILLIPS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Abe OttABE OTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Nathan McCannNATHAN MCCANN
BOARD MEMBER (PART-YEAR)
- Total calculated
- $0
- Hours/week
- 0
-
Miriam HallidayMIRIAM HALLIDAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Sarah LaughlinSARAH LAUGHLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer LindsayJENNIFER LINDSAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
David StuebeDAVID STUEBE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Tod TapaniTOD TAPANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Clinten HendricksCLINTEN HENDRICKS
VP BUSINESS DEVELOPMENT
- Total calculated
- $130,634
- From this org
- $112,000
- From related orgs
- $0
- Other
- $18,634
- 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
- 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
-
CHURCH & DWIGHT
$150,000
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
-
FATHERS HOUSE CHRISTIAN CENTER
$106,681
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
-
$75,000
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
-
FLYIT ACADEMY
$28,749
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
-
MR CONSTRUCTION
$15,851
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
-
ACE LINEUP ATHLETICS
$11,901
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
-
THE IVORY TRUNK
$6,831
2023 STATEWIDE DISASTER RELIEF GRANT CONTRACT #23-732C0-027
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349301500
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