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Nonprofiteer
← UNIVERSITY DISTRICT DEVELOPMENT ASSOCIATION

Form 990 for tax year 2024

Filed by UNIVERSITY DISTRICT DEVELOPMENT ASSOCIATION.

Totals

Total revenue
$449,817
Total expenses
$430,113
Contributions and grants received
$196,138
Grants paid
$0
Program service revenue
$251,224
Investment income
$2,455
Other revenue
$0
Total assets, end of year
$283,548
Total liabilities, end of year
$36,333
Net assets or fund balances, end of year
$247,215
Program services expenses (Part IX)
$160,254
Management and general expenses
$269,859
Fundraising expenses
$0
Program service expenses (Part III)
$160,254

Program services were 37.3% 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.

  • 1f · All other contributions, gifts and grants

    $196,138

  • 2a · Program service revenue: MANAGEMENT PROCEEDS

    total $246,924 · related or exempt $246,924

  • 2b · Program service revenue: OTHER

    total $4,300 · related or exempt $4,300

  • 3 · Investment income

    total $2,455 · excluded $2,455

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $226,361 · management and general $226,361

  • 8 · Pension plan contributions

    total $5,209 · management and general $5,209

  • 9 · Other employee benefits

    total $20,151 · management and general $20,151

  • 10 · Payroll taxes

    total $18,138 · management and general $18,138

  • 11b · Fees: legal

    total $8,860 · program services $8,860

  • 12 · Advertising and promotion

    total $6,153 · program services $6,153

  • 13 · Office expenses

    total $9,102 · program services $9,102

  • 14 · Information technology

    total $2,332 · program services $2,332

  • 16 · Occupancy

    total $18,197 · program services $18,197

  • 17 · Travel

    total $2,814 · program services $2,814

  • 19 · Conferences, conventions and meetings

    total $6,265 · program services $6,265

  • 23 · Insurance

    total $6,370 · program services $6,370

  • 24a · Other expenses: MANAGEMENT AND PROFESSI

    total $93,638 · program services $93,638

  • 24b · Other expenses: OUTSIDE SERVICES AND OT

    total $4,299 · program services $4,299

  • 24c · Other expenses: PRINTING AND PUBLICATIO

    total $2,103 · program services $2,103

  • 24d · Other expenses: LICENSES

    total $121 · program services $121

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $222,515 · end of year $205,663

  • 4 · Accounts receivable

    beginning of year $20,000 · end of year $77,103

  • 9 · Prepaid expenses and deferred charges

    end of year $782

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,148 · end of year $36,333

  • 27 · Net assets without donor restrictions

    beginning of year $225,367 · end of year $247,215

Mission and programs · 2024

Mission

THE UNIVERSITY DISTRICT IS A PLACE WHERE BUSINESS AND EDUCATION GROW TOGETHER TO CREATE A COLLABORATIVE, HEALTHY, AND PROSPEROUS REGION. THE UNIVERSITY DISTRICT USES ITS UNIQUE CONNECTIVITY TO CREATE SHARED COMMUNITY WELLNESS AND VIBRANCY BY DEVELOPING THE INFRASTRUCTURE AND PROGRAMMING THAT ENABLE A GLOBALLY RECOGNIZED HUB OF EDUCATION, INNOVATION, RESEARCH, AND HEALTH CARE.

Activities or mission (Part I)

THE UNIVERSITY DISTRICT IS DEDICATED TO SUPPORTING COMMUNITY ECONOMIC PROSPERITY, LIFE SCIENCES RESEARCH AND COMMERCIALIZATION, WORLD-CLASS HEALTH EDUCATION, SMART URBAN GROWTH AND FUTURE CITY DESIGN, HISTORIC PRESERVATION, TRANSPORTATION IMPROVEMENTS, ENVIRONMENTAL SUSTAINABILITY, COMMUNITY BUILDING AND CULTURAL RICHNESS.

  • THE UNIVERSITY DISTRICT IS ONE OF THE FASTEST GROWING URBAN AREAS IN THE INLAND NORTHWEST. PRIVATE AND PUBLIC INVESTMENTS ARE SPURRING ECONOMIC DEVELOPMENT, BRINGING TOGETHER RESEARCH INSTITUTIONS, COMMERCIAL ACTIVITIES AND INTELLECTUAL CAPITAL TO DRIVE DEMAND FOR SPACE, SERVICES AND INFRASTRUCTURE. IN RESPONSE, THE UNIVERSITY DISTRICT OFFERS A DIVERSE MIX OF HIGH-QUALITY DEVELOPMENT OPTIONS AND, TOGETHER WITH THE STATE AND THE CITY OF SPOKANE, PROVIDES ACCESS TO VALUABLE DEVELOPER INCENTIVES SUCH AS PARTNERSHIP ASSISTANCE AND TARGETED AREA REDEVELOPMENT.

    Expenses $160,254 · Revenue $251,224

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Laverne Biel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Catherine Brazil

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Kevin Brockbank

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Daryll Dewald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Emilie Cameron

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Lois Bollenback

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Colleen Fuchs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Teresa Dugger

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Brooke Kiener

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stacia Rasmussen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chuck Murphy

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Greg Repetti

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Rob Sauders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Sklut

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Wagner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amber Waldref

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Teeters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Erin Williams Hueter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bill Bouten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lindsey Myhre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juliet Sinisterra

    CEO - OFFICER

    Total calculated
    $139,201
    From this org
    $139,201
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Betsy Wilkerson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katy Sheehan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
27 October 2025
IRS schema version
2024v5.2
Source object
202513029349300316

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