Form 990 for tax year 2022
Filed by INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL INC.
Totals
- Total revenue
- $11,311,787
- Total expenses
- $8,478,687
- Contributions and grants received
- $4,561,064
- Grants paid
- $0
- Program service revenue
- $6,712,838
- Investment income
- $37,885
- Other revenue
- $0
- Total assets, end of year
- $12,005,154
- Total liabilities, end of year
- $4,213,906
- Net assets or fund balances, end of year
- $7,791,248
- Program services expenses (Part IX)
- $4,634,998
- Management and general expenses
- $3,843,689
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,634,998
Program services were 54.7% 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)
$962,730
-
1f · All other contributions, gifts and grants
$3,598,334
-
2a · Program service revenue: CONFERENCE
total $2,657,186 · related or exempt $2,657,186
-
2b · Program service revenue: MEMBER DUES
total $1,551,831 · related or exempt $1,551,831
-
2c · Program service revenue: EDUCATION/CERTIFICATION
total $1,431,969 · related or exempt $1,431,969
-
2d · Program service revenue: ADVISORY SERVICES
total $878,947 · related or exempt $878,947
-
2e · Program service revenue: EMPLOYMENT SERVICES
total $192,905 · unrelated business $192,905
-
3 · Investment income
total $37,885 · excluded $37,885
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $922,386 · program services $102,456 · management and general $819,930
-
7 · Other salaries and wages
total $2,397,102 · program services $1,196,299 · management and general $1,200,803
-
8 · Pension plan contributions
total $187,325 · program services $90,519 · management and general $96,806
-
9 · Other employee benefits
total $440,223 · program services $189,858 · management and general $250,365
-
10 · Payroll taxes
total $232,924 · program services $93,188 · management and general $139,736
-
11c · Fees: accounting
total $65,240 · management and general $65,240
-
11g · Fees: other
total $1,705,007 · program services $1,266,898 · management and general $438,109
-
12 · Advertising and promotion
total $16,231 · program services $12,804 · management and general $3,427
-
13 · Office expenses
total $353,384 · program services $263,788 · management and general $89,596
-
14 · Information technology
total $75,738 · management and general $75,738
-
16 · Occupancy
total $217,726 · management and general $217,726
-
17 · Travel
total $192,219 · program services $133,335 · management and general $58,884
-
19 · Conferences, conventions and meetings
total $1,009,258 · program services $975,845 · management and general $33,413
-
22 · Depreciation, depletion and amortization
total $42,105 · management and general $42,105
-
23 · Insurance
total $77,025 · management and general $77,025
-
24a · Other expenses: UBI INCOME TAX EXPENSE
total $86,656 · management and general $86,656
-
24b · Other expenses: BANK CHARGES
total $245,690 · management and general $245,690
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $91,945 · program services $60,634 · management and general $31,311
-
24d · Other expenses: DESIGN
total $81,792 · program services $81,792
-
24e · All other expenses
total $38,711 · program services $167,582 · management and general -$128,871
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,398,474 · end of year $2,273,405
-
2 · Savings and temporary cash investments
beginning of year $330,660 · end of year $1,373,982
-
4 · Accounts receivable
beginning of year $1,057,001 · end of year $3,200,845
-
8 · Inventories for sale or use
beginning of year $46,572 · end of year $39,011
-
9 · Prepaid expenses and deferred charges
beginning of year $450,141 · end of year $481,494
-
10a · Land, buildings and equipment: cost or other basis
$1,189,077
-
10b · Land, buildings and equipment: accumulated depreciation
$936,347
-
10c · Land, buildings and equipment, net
beginning of year $282,223 · end of year $252,730
-
11 · Investments: publicly traded securities
beginning of year $3,160,963 · end of year $2,912,593
-
12 · Investments: other securities
beginning of year $667,488 · end of year $604,252
-
15 · Other assets
beginning of year $1,013,017 · end of year $866,842
-
17 · Accounts payable and accrued expenses
beginning of year $709,478 · end of year $425,198
-
19 · Deferred revenue
beginning of year $1,755,080 · end of year $1,944,347
-
25 · Other liabilities
beginning of year $1,983,833 · end of year $1,844,361
-
27 · Net assets without donor restrictions
beginning of year $4,485,101 · end of year $3,985,354
-
28 · Net assets with donor restrictions
beginning of year $473,047 · end of year $3,805,894
Mission and programs · 2022
Mission
IEDC WORKS TO HELP ECONOMIC DEVELOPERS DO THEIR JOBS MORE EFFECTIVELY, AND TO RAISE THE PROFILE OF THE PROFESSION. IF WE SUCCEED, OUR MEMBERS CREATE MORE HIGH-QUALITY JOBS, DEVELOP MORE VIBRANT COMMUNITIES, AND GENERALLY IMPROVE THE QUALITY OF LIFE IN THEIR REGIONS. TO THAT END, WE PROVIDE INFORMATION ON TRENDS AND BEST PRACTICES, NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT COURSES AND NUMEROUS OTHER SERVICES.
-
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 $4,634,998 · Revenue $6,519,933
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Todd GreeneTODD GREENE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 6
-
Jonas PetersonJONAS PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Scott MartinezSCOTT MARTINEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Chris MasingillCHRIS MASINGILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Juan Pablo AlcantarJUAN PABLO ALCANTAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Beth BowmanBETH BOWMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
David GriggsDAVID GRIGGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Danielle CaseyDANIELLE CASEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Michael CatsiMICHAEL CATSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Barbra CoffeeBARBRA COFFEE
CHAIR, EXTERNAL MEMBER RELATIONS
- Total calculated
- $0
- Hours/week
- 6
-
Jim CollardJIM COLLARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Rodney CrimRODNEY CRIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
William CroninWILLIAM CRONIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Julie CurtinJULIE CURTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Bryan DanielsBRYAN DANIELS
CHAIR, PLANNING AND BUSINESS DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 4
-
Haldane DaviesHALDANE DAVIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jared SmithJARED SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Dennis FraiseDENNIS FRAISE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jennifer WakefieldJENNIFER WAKEFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jessica PaoliniJESSICA PAOLINI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Trish HeidenreichTRISH HEIDENREICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Clyde HiggsCLYDE HIGGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Gregory HitchinGREGORY HITCHIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Mignonne HollisMIGNONNE HOLLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Molly HoweyMOLLY HOWEY
CHAIR, PERFORMANCE OVERSIG
- Total calculated
- $0
- Hours/week
- 6
-
Eian JohnsonEIAN JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Seonah KendallSEONAH KENDALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Lindsey KimballLINDSEY KIMBALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ronald KitchensRONALD KITCHENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Eloisa KlementichELOISA KLEMENTICH
BOARD SECRETARY/ TREASURER
- Total calculated
- $0
- Hours/week
- 6
-
Chris KnightCHRIS KNIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Maureen KraussMAUREEN KRAUSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Joi CuarteroJOI CUARTERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Barb LamueBARB LAMUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Josh MejiaJOSH MEJIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Joy WilkinsJOY WILKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
David LeezerDAVID LEEZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Kelly L SledgeKELLY L SLEDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Amy Case-MadisonAMY CASE-MADISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Scott MartinezSCOTT MARTINEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Heather McDanielHEATHER MCDANIEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Rebecca MoudryREBECCA MOUDRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Quentin MesserQUENTIN MESSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ann Marie MillerANN MARIE MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Bethany MillerBETHANY MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Rob WilliamsROB WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Ryan M SilvaRYAN M SILVA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jonathan MorganJONATHAN MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Mike NealMIKE NEAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Tamika JenkinsTAMIKA JENKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jonas PetersonJONAS PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Don PiersonDON PIERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Courtney PogueCOURTNEY POGUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Dan SilvermanDAN SILVERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Lyneir RichardsonLYNEIR RICHARDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Jeffrey FinkleJEFFREY FINKLE
PRESIDENT & CEO
- Total calculated
- $287,942
- From this org
- $255,413
- From related orgs
- $0
- Other
- $32,529
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $255,413
- Bonus
- $0
- Other
- $0
- Deferred
- $13,249
- Nontaxable benefits
- $19,280
- Filer's total
- $287,942
-
Sharon CoySHARON COY
VP OF FINANCE AND CFO
- Total calculated
- $218,917
- From this org
- $191,939
- From related orgs
- $0
- Other
- $26,978
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,939
- Bonus
- $0
- Other
- $0
- Deferred
- $14,850
- Nontaxable benefits
- $12,128
- Filer's total
- $218,917
-
Nathaniel OhleNATHANIEL OHLE
PRESIDENT & CEO
- Total calculated
- $395,095
- From this org
- $353,592
- From related orgs
- $0
- Other
- $41,503
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $353,592
- Bonus
- $0
- Other
- $0
- Deferred
- $25,269
- Nontaxable benefits
- $16,234
- Filer's total
- $395,095
-
Alia IqbalALIA IQBAL
VP OF FINANCE AND CFO
- Total calculated
- $20,432
- From this org
- $20,432
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Juanita ClogstonJUANITA CLOGSTON
VP OF KMD
- Total calculated
- $211,410
- From this org
- $199,566
- From related orgs
- $0
- Other
- $11,844
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,566
- Bonus
- $0
- Other
- $0
- Deferred
- $10,360
- Nontaxable benefits
- $1,484
- Filer's total
- $211,410
-
Matthew MullinMATTHEW MULLIN
VP OF POLICY & COMMUNICATI
- Total calculated
- $177,001
- From this org
- $150,525
- From related orgs
- $0
- Other
- $26,476
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,525
- Bonus
- $0
- Other
- $0
- Deferred
- $17,473
- Nontaxable benefits
- $9,003
- Filer's total
- $177,001
-
Philip GoodwinPHILIP GOODWIN
VP OF MEMBER RELATIONS
- Total calculated
- $158,523
- From this org
- $133,933
- From related orgs
- $0
- Other
- $24,590
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,933
- Bonus
- $0
- Other
- $0
- Deferred
- $15,740
- Nontaxable benefits
- $8,850
- Filer's total
- $158,523
-
Caludia BellonyCALUDIA BELLONY
SENIOR MANAGER OF PROGRA
- Total calculated
- $125,604
- From this org
- $101,294
- From related orgs
- $0
- Other
- $24,310
- Hours/week
- 40
-
Emily BrownEMILY BROWN
SENIOR DIRECTOR OF KMD
- Total calculated
- $123,517
- From this org
- $104,774
- From related orgs
- $0
- Other
- $18,743
- Hours/week
- 40
-
Jason ChristianJASON CHRISTIAN
SENIOR DIRECTOR OF IT
- Total calculated
- $144,633
- From this org
- $108,848
- From related orgs
- $0
- Other
- $35,785
- Hours/week
- 40
-
Todd LangTODD LANG
SENIOR ECONOMIC DEVELOPMENT ASSOCIATE
- Total calculated
- $132,973
- From this org
- $114,479
- From related orgs
- $0
- Other
- $18,494
- 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
- 2022
- Filed
- 13 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322569349301112
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