2025-06-24T17:05:25-05:00 2024-12-31 882533599 WERSEN NONPROFIT CPAS LLC 4513 Lakeway Drive Bellingham WA 98229 990 2024-01-01 911724682 Economic Development Alliance of Skagit County ECON 3603366114 1932 E College Way B Mount Vernon WA 98273 John Sternlicht CEO 3603366114 2025-06-24 1 0 Keaton Wersen CPA P01957642 3607709369 X 2024 2025-03-06 01:10:19Z John Sternlicht 1932 E College Way B Mount Vernon WA 98273 1250566 0 X www.skagit.org X 1996 WA To promote a growing and balanced economy for Skagit County, WA. 22 22 9 83 0 0 372340 457650 893617 761363 854 17397 7664 8627 1274475 1245037 6900 6685 0 0 817317 822080 0 22400 93599 486349 370029 1310566 1221194 -36091 23843 1060049 1057768 446472 420348 613577 637420 To promote a growing and balanced economy for Skagit County, WA. 0 0 598074 438127 The Economic Development Alliance of Skagit County (EDASC) carries out business attraction, retention and expansion and collaborative engagement to achieve a prosperous, sustainable, and equitable community while maintaining Skagit County's natural beauty and quality of life. EDASC supports existing Skagit companies, and works with prospective companies on site location, workforce training, identifying resources, accessing capital, permitting, research, and other forms of assistance. EDASC initiatives create and support a favorable business climate with strategies that focus on improving assets and amenities within Skagit County. EDASC convenes and connects stakeholders to work on improving local assets on critical issues such as workforce, housing, childcare, and power supply. 95162 6685 90736 Leadership Skagit, in partnership with Skagit Valley College, is a 9-month experiential learning course, developing leadership skills in nearly 600 community members over the past 20+ years. Participants gain a deeper insight into the region and learn concepts and techniques for effective leadership. All programming is delivered through a lens of equity and sustainability. Graduates are shaping Skagit County as leaders of non-profits, businesses, and governmental bodies. 219476 232500 EDASC works to catalyze grass-roots economic development and foster an inclusive entrepreneurial ecosystem by reducing barriers to entrepreneurship and innovation for all Skagit residents with particular emphasis on under-represented populations and communities. EDASC aims to ensure that entrepreneurs and business owners from across Skagit County have access to resources to create more equitable opportunities, build new generational wealth, and improve quality of life. EDASC works to make Skagit County more prosperous, diversified, and sustainable by removing barriers to success. 912712 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Audra Ramerman 3603366114 1932 E College Way Suite B Mount Vernon WA 98273 Amelia Cook Chair 1.00 X X 0 0 0 Nikki Wegner Vice Chair 1.00 X X 0 0 0 Christopher Johnston Past Chair 1.00 X X 0 0 0 Nathan Wolfe Secretary 1.00 X X 0 0 0 Matt Roetcisoender Treasurer 1.00 X X 0 0 0 JJ Wilbur Member 1.00 X 0 0 0 Elizabeth Stout Member 1.00 X 0 0 0 Amy Hong Member 1.00 X 0 0 0 Margaret Rojas Member 1.00 X 0 0 0 Viry Delgado Member 1.00 X 0 0 0 Dr Paul Pitre Member 1.00 X 0 0 0 Ryan Sakuma Member 1.00 X 0 0 0 Mandi Rothman Member 1.00 X 0 0 0 Steve Lang Member 1.00 X 0 0 0 Rod Cann Member 1.00 X 0 0 0 Brian Gentry Member 1.00 X 0 0 0 Brett Greenwood Ex Officio 1.00 X 0 0 0 Peter Browning Ex Officio 1.00 X 0 0 0 Sara Young Ex Officio 1.00 X 0 0 0 Kristen Keltz Ex Officio 1.00 X 0 0 0 Peter Donovan Ex Officio 1.00 X 0 0 0 Dr Chris Villa Ex Officio 1.00 X 0 0 0 Matthew Paxton Of-Council 1.00 X 0 0 0 John Sternlicht CEO 40.00 X 212548 0 24377 Audra Ramerman Director, Finance & Admin. 40.00 X 104542 0 25469 317090 0 49846 2 0 1 0 0 9945 138103 309602 457650 Government contracts 561499 485025 485025 Municipal investor fee 561499 132865 132865 Leadership Skagit 561499 90736 90736 Econ. forecast night 561499 52737 52737 761363 17397 17397 4450 9945 5529 -1079 -1079 Miscellaneous 900099 9706 9706 9706 1245037 761363 0 26024 X 6685 6685 366936 198092 132151 36693 335264 317453 4942 12869 14999 12938 1726 335 53983 31915 16380 5688 50898 37152 10347 3399 12706 44 12662 22400 22400 128886 127531 980 375 147 147 18978 6320 7057 5601 50116 43230 2627 4259 58484 45307 11615 1562 21570 18919 2233 418 10852 10823 29 2776 1023 1753 5514 5514 Program events 36003 36003 Program supplies 11882 11286 596 Dues and subscriptions 8021 6918 1103 4094 926 3168 1221194 912712 214883 93599 39977 113422 504839 486952 25978 18103 153919 141789 3860 8550 13878 5364 11290 8514 320186 280438 1060049 1057768 36573 57497 59683 43846 20200 25620 330016 293385 446472 420348 X 592333 615428 21244 21992 613577 637420 1060049 1057768 23843 0 X 1 X 0 1 0 X 607576 545406 305131 372340 457650 2288103 607576 545406 305131 372340 457650 2288103 182326 2105777 21 28 12 854 17397 18312 8218 9694 10102 7664 9706 45384 2351799 3178612 0.89540 0.88510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 13878 5364 8514 8514 Right-of-use (ROU) asset 280438 280438 Lease liability 293385 293385 Part IV, Line 2b: The Organization acts as a fiscal agent for Skagit Housing Consortium (SHC). During the year, they collected membership fees and provided staff time to manage monthly meetings. SHC retains control of the funds which can only be spent by the Organization if approved by the SHC board. The year-end liability to SHC was $20,200 at December 31, 2024, Prior to 2024, the Organization served as a fiscal agent for Skagit Tourism Bureau (STB) and did not retain ultimate discretion and control over the use of the funds. The relationship formally ended at 12/31/23 when STB applied for its own nonprofit, exempt status and began operating on its own. In 2024, the Organization acted as a facilitator of a grant for STB while STB continued to await IRS approval of nonprofit, exempt status. The year-end liability to STB was $5,420 at December 31, 2024. X X X X X X X 1 Emma Smith 3028 Cedarwood Ave Bellingham WA 98225 Grant writing 0 118700 0 22400 118700 22400 WA 1 Scholarships 3 6685 Reduction of tuition fees Reduction of tuition fees Part I, Line 2: EDASC grants tuition scholarships to a limited number of students enrolled in the Leadership Skagit Program and tracks tuition payments and scholarship assistance to all students who received an award at the beginning of the nine-month program. X X 0 0 0 0 0 0 0 0 0 John Sternlicht CEO 207162 0 5386 0 0 0 10683 0 13694 0 236925 0 0 0 Part I, Line 3 The Chief Executive Officer (CEO)'s compensation is determined by contract terms which include an annual increase based on June consumer price index (CPI) for Seattle. The board of directors determines criteria, amount and performance for a discretionary bonus. Form 990, Part VI, Section B, line 11b The Director of Finance and Administration reviews the Form 990 in detail, which is then provided to all board members for review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy is presented and reviewed annually during the January board meeting. Form 990, Part VI, Section B, line 15a The Chief Executive Officer (CEO)'s compensation is determined by contract terms which include an annual increase based on June consumer price index (CPI) for Seattle. The board of directors determines criteria, amount and performance for a discretionary bonus. Form 990, Part VI, Section C, line 19 These documents are available upon written request from the organization. Form 990, Part IX, line 11g Consulting: Program service expenses 124,575. Management and general expenses 557. Fundraising expenses 0. Total expenses 125,132. Janitorial: Program service expenses 2,956. Management and general expenses 423. Fundraising expenses 375. Total expenses 3,754.