2024-02-26T11:57:26-05:00 2022-12-31 223299874 BKC CPAS PC 39 STATE ROUTE 12 STE 2 FLEMINGTON NJ 08822 990 2022-01-01 731137699 UNIVERSITY ECONOMIC DEVELOPMENT ASSOCIATION INC UNIV 7037887713 PO BOX 12546 ARLINGTON VA 22219 JEFF SACHSE AT LARGE 2162008332 2024-02-16 true SACHSE JEFF 888008888 false MICHAEL A HOLK CPA P01315390 9087827900 2024-02-16 2022 2023-04-26 12:10:37Z X JEFF SACHSE PO BOX 12546 ARLINGTON VA 22219 490532 false X WWW.UNIVERSITYEDA.ORG X 1976 OK UEDA SERVES ITS MEMBERS BY PROMOTING KNOWLEDGE AND PRACTICE IN THE REALMS OF TALENT, INNOVATION, AND PLACE AS DRIVERS OF REGIONAL PROSPERITY 17 17 0 0 85978 251425 229259 239001 68 106 0 315305 490532 0 0 0 0 0 308241 545751 308241 545751 7064 -55219 96306 212839 108169 96306 104670 UEDA SERVES ITS MEMBERS BY PROMOTING KNOWLEDGE AND PRACTICE IN THE REALMS OF TALENT, INNOVATION, AND PLACE AS DRIVERS OF REGIONAL PROSPERITY false false 522182 239001 TO HOLD ANNUAL SUMMIT AND OTHER WORKSHOPS REGARDING ECONOMIC DEVELOPMENT 522182 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 0 false false false false false false false false false false false false X 17 17 false true false false false false false true true false false true true true true true true false false false OK X ERMIAS GYESUS 7035224980 PO BOX 12546 ARLINGTON VA 22219 X MARGO FLISS SECRETARY 1.00 X X 0 0 0 DAVID GARD AT LARGE 1.00 X 0 0 0 JULIE GOLEMI AT LARGE 1.00 X 0 0 0 DOMINIQUE HALABY VICE PRESIDE 1.00 X X 0 0 0 MATT HEBB AT LARGE 1.00 X 0 0 0 KEITH MARMER AT LARGE 1.00 X 0 0 0 RODRICK MCSHERRY AT LARGE 1.00 X 0 0 0 TERESA OROK MERRIWEATHER AT LARGE 1.00 X 0 0 0 RUSSELL MILLS PRESIDENT EL 1.00 X X 0 0 0 JENNY MIZUTOWICZ AT LARGE 1.00 X 0 0 0 MARY FRANCES POSTUPACK AT LARGE 1.00 X 0 0 0 JOHN PROVO PAST PRESIDE 1.00 X X 0 0 0 REBECCA ROBINSON PRESIDENT 1.00 X X 0 0 0 JEFF SACHSE AT LARGE 1.00 X 0 0 0 CAROL STEWART AT LARGE 1.00 X 0 0 0 LENORE VANDERZEE AT LARGE 1.00 X 0 0 0 MARCELA ZUCHOVICKI TREASURER 1.00 X X 0 0 0 false false false TRAILBLAZE CREATIVE 350 TOWNE SQUARE WAY PITTSBURGH PA 15227 MARKETING 176254 CENTER FOR REGIONAL ECONOMIC COMPETITIVENESS PO BOX 12546 ARLINGTON VA 22209 MANAGEMENT 161330 2 251425 251425 SUMMIT REVENUE 186966 186966 MEMBERSHIP DUES 50835 50835 MISCELLANEOUS 1200 1200 239001 106 106 490532 239001 106 373363 373363 1050 1050 5622 5271 351 714 683 31 10476 10476 8176 8176 123201 118480 4721 2224 2224 TRAINING EXPENSE 12000 12000 BANK AND PAYROLL FEES 4305 4305 SUPPLIES 2595 2595 FIELD TRIPS AND SPECIAL E 1614 1614 411 411 545751 522182 23569 0 49361 32540 26945 17152 20000 163147 96306 212839 97169 11000 0 108169 X 96306 104670 96306 104670 96306 212839 X -55219 63583 X X false true X true false X 92000 62500 52500 86978 251425 545403 189680 239001 428681 281680 62500 52500 86978 490426 974084 24500 24500 24500 24500 949584 541 150 68 106 865 541 150 68 106 865 282221 62500 52650 87046 490532 974949 0.97400 0.89140 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 490532 490532 490532 545751 545751 545751 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS FURTHER CLASSIFIED AS A ORGANIZATION THAT IS NOT A PRIVATE ORGANIZATION UNDER SECTION 509(A)(3) OF THE CODE. THE MOST SIGNIFICANT TAX POSITIONS OF THE ORGANIZATION ARE ITS ASSERTIONS THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION THAT NO AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). INCOME GENERATED BY ACTIVITIES THAT WOULD BE CONSIDERED UNRELATED TO THE ORGANIZATION MISSION WOULD BE SUBJECT TO INCOME TAX. THE ORGANIZATION FOLLOWS THE GUIDANCE OF ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, ACCOUNTING FOR INCOME TAXES, RELATED TO UNCERTAIN INCOME TAX PROVISIONS, WHICH PRESCRIBES A THRESHOLD OF MORE LIKELY THAN NOT, FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT, THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. FORM 990, PAGE 6, PART VI, LINE 3 MANAGEMENT FUNCTIONS FOR THE ORGANIZATION ARE PERFORMED BY CENTER FOR REGIONAL ECONOMIC COMPETITIVENESS FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED AT THE MONTHLY BOARD MEETING FORM 990, PAGE 6, PART VI, LINE 12C ON AN ANNUAL BASIS, THE BOARD MEMBERS SIGN A CODE OF ETHICS POLICY THAT INCLUDES CONFLICT OF INTEREST. THE POLICY STATES THAT ALL BOARD MEMBERS MUST DISCLOSE, AND SHALL NOT PARTICIPATE IN, ANY SITUATION IN WHICH A TRUSTEE HAS OR MAY HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 PRIOR YEAR ADJUSTMENT 63,583 FORM 990, PAGE 12, PART XII, LINE 1 THE ORGANIZATION'S ACCOUNTING METHOD WAS CHANGED TO THE ACCRUAL BASIS IN 2022 TO BETTER REFLECT FINANCIAL PICTURE OF THE ORGANIZATION BY RECORDING REVENUE WHEN EARNED AND EXPENSES WHEN INCURRED.