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Nonprofiteer
← COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL

Form 990 for tax year 2025

Filed by COLUMBIA RIVER ECONOMIC DEVELOPMENT COUNCIL.

Totals

Total revenue
$1,185,859
Total expenses
$1,166,425
Contributions and grants received
$777,086
Grants paid
$47,010
Program service revenue
$403,212
Investment income
$6,145
Other revenue
-$584
Total assets, end of year
$1,151,889
Total liabilities, end of year
$74,263
Net assets or fund balances, end of year
$1,077,626
Program services expenses (Part IX)
$613,520
Management and general expenses
$552,905
Fundraising expenses
$0
Program service expenses (Part III)
$613,520

Program services were 52.6% 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

    $604,677

  • 1c · Fundraising events

    $22,300

  • 1e · Government grants (contributions)

    $150,109

  • 2a · Program service revenue: CONTRACT REVENUE

    total $298,168 · related or exempt $298,168

  • 2b · Program service revenue: PROCUREMENT ASSISTANCE

    total $84,144 · related or exempt $84,144

  • 2c · Program service revenue: PROGRAM EVENTS

    total $20,900 · related or exempt $20,900

  • 3 · Investment income

    total $6,145 · excluded $6,145

  • 8a · Fundraising events: gross income

    $36,350

  • 8a · Fundraising events: contributions included on line 1c

    $22,300

  • 8b · Fundraising events: direct expenses

    $36,934

  • 8c · Net income from fundraising events

    total -$584 · excluded -$584

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $47,010 · program services $47,010

  • 5 · Compensation of officers, directors and key employees

    total $124,058 · management and general $124,058

  • 7 · Other salaries and wages

    total $448,688 · program services $295,481 · management and general $153,207

  • 8 · Pension plan contributions

    total $14,490 · program services $9,498 · management and general $4,992

  • 9 · Other employee benefits

    total $39,727 · program services $22,989 · management and general $16,738

  • 10 · Payroll taxes

    total $43,094 · program services $23,692 · management and general $19,402

  • 11a · Fees: management

    total $41,304 · management and general $41,304

  • 11b · Fees: legal

    total $360 · management and general $360

  • 11c · Fees: accounting

    total $22,896 · management and general $22,896

  • 11d · Fees: lobbying

    total $40,000 · program services $40,000

  • 11g · Fees: other

    total $24,864 · program services $1,549 · management and general $23,315

  • 12 · Advertising and promotion

    total $7,013 · program services $4,732 · management and general $2,281

  • 13 · Office expenses

    total $14,500 · program services $1,422 · management and general $13,078

  • 14 · Information technology

    total $40,354 · program services $17,766 · management and general $22,588

  • 16 · Occupancy

    total $64,263 · management and general $64,263

  • 17 · Travel

    total $9,808 · program services $5,746 · management and general $4,062

  • 19 · Conferences, conventions and meetings

    total $18,961 · program services $14,767 · management and general $4,194

  • 22 · Depreciation, depletion and amortization

    total $3,674 · management and general $3,674

  • 23 · Insurance

    total $3,108 · program services $178 · management and general $2,930

  • 24a · Other expenses: EMPLOYMENT LAND STUDY

    total $91,000 · program services $91,000 · management and general $0

  • 24b · Other expenses: GRANT EXPENSE

    total $35,717 · program services $27,760 · management and general $7,957

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $27,302 · program services $8,621 · management and general $18,681

  • 24d · Other expenses: TRAINING & DEVELOPMENT

    total $3,434 · program services $609 · management and general $2,825

  • 24e · All other expenses

    total $800 · program services $700 · management and general $100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $552,425 · end of year $733,161

  • 2 · Savings and temporary cash investments

    beginning of year $213,135 · end of year $155,512

  • 4 · Accounts receivable

    beginning of year $332,070 · end of year $231,375

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,367 · end of year $25,135

  • 10a · Land, buildings and equipment: cost or other basis

    $76,026

  • 10b · Land, buildings and equipment: accumulated depreciation

    $69,320

  • 10c · Land, buildings and equipment, net

    beginning of year $10,380 · end of year $6,706

  • 17 · Accounts payable and accrued expenses

    beginning of year $42,365 · end of year $55,942

  • 19 · Deferred revenue

    beginning of year $21,820 · end of year $18,321

  • 27 · Net assets without donor restrictions

    beginning of year $1,058,192 · end of year $1,077,626

Mission and programs · 2025

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 2025, 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 4 RECRUITMENT AND EXPANSION WINS RESULTING IN $209 MILLION IN CAPITAL INVESTMENT AND APPROXIMATELY 425 NEW AND RETAINED JOBS IN CLARK COUNTY.

    Expenses $613,520 · Grants $47,010 · Revenue $403,212

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jennifer Baker Thru 825

    PRESIDENT & BOARD MEMBER

    Total calculated
    $124,058
    From this org
    $114,205
    From related orgs
    $0
    Other
    $9,853
    Hours/week
    40
  • Alan Hwang

    CHAIR & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sarah Laughlin

    VICE CHAIR & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nelson Holmberg

    SECRETARY & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Blake Seabaugh

    TREASURER & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mei Wu

    PAST CHAIR & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Bomar

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Allyssa Bromley

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Narek Daniyelyan Thru 325

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sherry Erickson

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wil Fuentes

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sandra Hayes June- Dec 2025

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Hogan

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Larry Keister

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nicole Davison

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Michael

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ethan Perry

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Erik Paulsen

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kathleen Rienhardt-Waring

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lindsey Salvestrin

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ryan Weston

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shara Wokal

    EXEC COMM & BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gil Amundsen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrey Bolokhovskiy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Max Booth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Burgoyne

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Judy Chipman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ted Croce

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phil Czajka

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bryce Davidson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cadie Dye

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Karin Edwards

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sarah J Fox

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Fritz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Miriam Halliday

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jon Hersen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Kapp

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eric Labrant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kelly Love

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Troy McCoy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dr Christine Moloney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Patterson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Zachary Pyle Thru 325

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Abbie Russel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Samantha Ridderbusch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marty Snell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Evan Sowers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tod Tapani

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Tishenko

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Woodburn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Trevor Wyckoff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bill Dudley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Horenstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Eric Holmes

    INTERIM PRESIDENT (AUG - DEC)

    Total calculated
    $0
    Hours/week
    40
  • Clinten Hendricks

    VP BUSINESS DEVOLOPMENT

    Total calculated
    $141,563
    From this org
    $123,697
    From related orgs
    $0
    Other
    $17,866
    Hours/week
    40
  • Julia Krivoruk

    DIRECTOR OF OPERATIONS

    Total calculated
    $109,494
    From this org
    $100,100
    From related orgs
    $0
    Other
    $9,394
    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.

Grants on this return

  • ANALOG DEVICES

    $44,409

    THE INTENDED OUTCOME OF THIS PERFORMANCE-BASED GRANT IS TO CREATE 125 NEW JOBS AND RETAIN 474 EXISTING MANUFACTURING JOBS IN WASHINGTON STATE. SPECIFICALLY, GRANT FUNDING WILL ASSIST TRAINING NEW & EXISTING STAFF ON NEW EQUIPMENT FOR BOTH DAILY OPERATIONS & MAINTENANCE.

Provenance

Return type
form_990
Tax year
2025
Filed
17 September 2026
IRS schema version
2025v4.2
Source object
202612649349301526

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