2025-02-10T11:48:48-06:00 2024-06-30 930792674 ANTHEM STRATEGISTS PC 285 LIBERTY ST NE SUITE 300 SALEM OR 97301 990 2023-07-01 930810393 STRATEGIC ECONOMIC DEVELOPMENT CORPORATION OF THE MID-WILLAMETTE VALLEY STRA 5035886225 626 HIGH STREET NE 200 200 SALEM OR 97301 RYAN ALBRITTON CHAIR 5035886225 2025-02-10 1 1 ANDREW D BERTZ CPA P00947448 5033629152 2023 2025-03-06 01:10:19Z RYAN ALBRITTON 626 HIGH STREET NE 200 SALEM OR 97301 1216662 0 X WWW.SEDCOR.COM X 1982 OR SEDCOR (STRATEGIC ECONOMIC DEVELOPMENT CORPORATION) IS A NONPROFIT ORGANIZATION WORKING WITH PRIVATE AND PUBLIC PARTNERS TO ENHANCE AND DIVERSIFY THE MID-WILLAMETTE VALLEY ECONOMY. SINCE 1982, SEDCOR HAS BUILT AND STRENGTHENED POSITIVE AND PRODUCTIVE PARTNERSHIPS WITH INDUSTRY LEADERS, NONPROFITS, BUSINESS ADVOCACY GROUPS, COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, STATE AND FEDERAL AGENCIES, LOCAL GOVERNMENTS, AND MORE. SEDCOR'S DRIVE TO GROW AND SHOWCASE ECONOMIC DEVELOPMENT IN MARION, POLK AND YAMHILL COUNTIES IS WITH A SINGULAR FOCUS: BRING TRADED SECTOR JOBS AND WEALTH TO THE LOCAL ECONOMY. SEDCOR'S MISSION IS 'OPPORTUNITY AND IT IS BUILT ON THE FOUNDING VALUES TO: LISTEN FIRST; THINK OUTSIDE THE BOX; ACT WITH AGILITY; AND BUILD TO LAST. THIS IS DONE BY THOUGHTFULLY CULTIVATING RELATIONSHIPS AND COLLABORATING WITH PARTNERS ACROSS SECTORS TO RETAIN AND ATTRACT HIGH VALUE JOBS AND CAPITAL INVESTMENT, WHILE PROVIDING MEMBER SERVICES THAT SUPPORT BUSINESS SUCCESS. 9 9 8 8 0 0 3542389 728243 608526 486609 17308 1629 514 181 4168737 1216662 0 0 0 0 691935 618608 0 0 0 511273 3599927 1203208 4218535 2965529 -3001873 4231471 1002692 366237 139331 3865234 863361 X SEDCOR (STRATEGIC ECONOMIC DEVELOPMENT CORPORATION) IS A NONPROFIT ORGANIZATION WORKING WITH PRIVATE AND PUBLIC PARTNERS TO ENHANCE AND DIVERSIFY THE MID-WILLAMETTE VALLEY ECONOMY. SINCE 1982, SEDCOR HAS BUILT AND STRENGTHENED POSITIVE AND PRODUCTIVE PARTNERSHIPS WITH INDUSTRY LEADERS, NONPROFITS, BUSINESS ADVOCACY GROUPS, COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, STATE AND FEDERAL AGENCIES, LOCAL GOVERNMENTS, AND MORE. SEDCOR'S DRIVE TO GROW AND SHOWCASE ECONOMIC DEVELOPMENT IN MARION, POLK AND YAMHILL COUNTIES IS WITH A SINGULAR FOCUS: BRING TRADED SECTOR JOBS AND WEALTH TO THE LOCAL ECONOMY. SEDCOR'S MISSION IS 'OPPORTUNITY AND IT IS BUILT ON THE FOUNDING VALUES TO: LISTEN FIRST; THINK OUTSIDE THE BOX; ACT WITH AGILITY; AND BUILD TO LAST. THIS IS DONE BY THOUGHTFULLY CULTIVATING RELATIONSHIPS AND COLLABORATING WITH PARTNERS ACROSS SECTORS TO RETAIN AND ATTRACT HIGH VALUE JOBS AND CAPITAL INVESTMENT, WHILE PROVIDING MEMBER SERVICES THAT SUPPORT BUSINESS SUCCESS 0 0 3950067 488419 THE PRIMARY OBJECTIVE OF THE ORGANIZATION IS TO ENHANCE AND DIVERSIFY THE MID-WILLAMETTE VALLEY ECONOMY BY PROVIDING RECRUITMENT, RETENTION, AND OTHER SERVICES TO BUSINESSES AND MUNICIPALITIES IN THE REGION. DURING THE YEAR SEVERAL LARGE AND SMALL EVENTS WERE ORGANIZED AND ATTENDED BY MORE THAN 2,000 PEOPLE. THESE EVENTS PROVIDED OPPORTUNITIES TO MEET, LEARN AND NETWORK WITH SEDCOR MEMBERS AND BUSINESS COMMUNITY LEADERS. 3950067 0 1 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X ERIK ANDERSSON 5035886225 626 HIGH STREET NE SUITE 200 SALEM OR 97301 KATE SCHWARZLER CHAIR 1.00 X X 0 0 0 RYAN ALBRITTON VICE CHAIR 1.00 X X 0 0 0 TIMOTHY MURPHY TREASURER 1.00 X X 0 0 0 J MICHAEL KEANE IMMEDIATE PAST CHAIR 1.00 X 0 0 0 TONY SCHACHER EXECUTIVE COUNCIL - DIRECT 1.00 X 0 0 0 MICHAEL FOWLER EXECUTIVE COUNCIL - DIRECT 1.00 X 0 0 0 SCOTT SNYDER EXECUTIVE COUNCIL - DIRECT 1.00 X 0 0 0 KEITH STAHLEY EXECUTIVE COUNCIL - DIRECT 1.00 X 0 0 0 COLM WILLIS EXECUTIVE COUNCIL - DIRECT 1.00 X 0 0 0 MARIN ARREOLA DIRECTOR 0.25 X 0 0 0 CURT ARTHUR DIRECTOR 0.25 X 0 0 0 RICARDO BAEZ DIRECTOR 0.25 X 0 0 0 ROXANNE BELTZ DIRECTOR 0.25 X 0 0 0 BECKY BERGER DIRECTOR 0.25 X 0 0 0 ALAN BLOOD DIRECTOR 0.25 X 0 0 0 DAVID BRIGGS DIRECTOR 0.25 X 0 0 0 CURT HYLAND DIRECTOR 0.25 X 0 0 0 CATHY CLARK DIRECTOR 0.25 X 0 0 0 JACQUELINE CROSBY DIRECTOR 0.25 X 0 0 0 BRENT DEHART DIRECTOR 0.25 X 0 0 0 TONY EAQUINTO DIRECTOR 0.25 X 0 0 0 STEVE ELZINGA DIRECTOR 0.25 X 0 0 0 JULI FOSCOLI DIRECTOR 0.25 X 0 0 0 NATHAN GOOD DIRECTOR 0.25 X 0 0 0 STEVE HORNING DIRECTOR 0.25 X 0 0 0 JESSICA HOWARD DIRECTOR 0.25 X 0 0 0 CHRIS HOY DIRECTOR 0.25 X 0 0 0 KENT KAUFMAN DIRECTOR 0.25 X 0 0 0 JENNIFER LARSEN MORROW DIRECTOR 0.25 X 0 0 0 RYAN MOSGROVE DIRECTOR 0.25 X 0 0 0 KIM PARKER-LLERENAS DIRECTOR 0.25 X 0 0 0 JAMES PARR DIRECTOR 0.25 X 0 0 0 CRAIG POPE DIRECTOR 0.25 X 0 0 0 RYAN RASMUSSEN DIRECTOR 0.25 X 0 0 0 MARK RAUM DIRECTOR 0.25 X 0 0 0 DAVID RHEINHOLDT DIRECTOR 0.25 X 0 0 0 SAMANTHA RIDDERBUSCH DIRECTOR 0.25 X 0 0 0 SCOTT SALAZAR DIRECTOR 0.25 X 0 0 0 LIZ SCHAECHER DIRECTOR 0.25 X 0 0 0 ZACHARY SIELICKY DIRECTOR 0.25 X 0 0 0 RENATA WAKELEY DIRECTOR 0.25 X 0 0 0 CYRUS WARD DIRECTOR 0.25 X 0 0 0 PATRICIA CALLIHAN BOWMAN EMERITUS COMMITTEE 0.25 X 0 0 0 RICH DUNCAN EMERITUS COMMITTEE 0.25 X 0 0 0 MARK HOYT EMERITUS COMMITTEE 0.25 X 0 0 0 DARYL KNOX EMERITUS COMMITTEE 0.25 X 0 0 0 ERIK ANDERSSON PRESIDENT 40.00 X 149750 0 16862 149750 0 16862 1 0 1 0 0 161088 567155 728243 CONTRACT INCOME 900004 373750 373750 EVENT INCOME 900004 102055 102055 ADVERTISING INCOME 900004 10804 10804 486609 1629 1629 OTHER INCOME 900004 181 181 181 1216662 488419 0 0 X 166611 133289 33322 381551 305241 76310 10552 8442 2110 16355 13084 3271 43539 34831 8708 3322265 3322265 9050 9050 18906 18906 3567 3567 28200 28200 7442 7442 66971 66971 461 461 5656 5656 ANNUAL EVENTS 65206 65206 TAXES - PROPERTY 15446 15446 DUES AND SUBSCRIPTIONS 12048 12048 TELEPHONE 11994 9595 2399 32715 17866 14849 4218535 3950067 268468 0 389815 146604 3484009 735638 41611 41237 835 374 356812 120076 4231471 1002692 366237 139331 366237 139331 X 865234 863361 3000000 0 3865234 863361 4231471 1002692 -3001873 0 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 41611 41237 374 374 OPERATING LEASE- ROU ASSETS 120076 120076 OPERATING LEASE LIABILITY 127413 DEFERRED RENT 11918 139331 1 X X X X 0 0 0 ERIK ANDERSSON PRESIDENT 149750 0 0 0 0 0 0 0 16862 0 166612 0 0 0 PART I, LINE 3 ALL COMPENSATIONS IN SEDCOR INCLUDING PRESIDENT'S COMPENSATION HAVE BEEN REVIEWED BY INDEPENDENT CONTRACTING AGENCY THROUGH A COMPENSATION SURVEY AS WELL AS REVIEWED FOR EQUAL PAY COMPLIANCE. THE EXECUTIVE COMMITTEE SETS THE FINAL SALARY FOR THE PRESIDENT BASED ON THE FINDINGS PROVIDED BY THE AGENCY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION MEMBERS ARE DUES PAYING MEMBERS AND CONSIST OF LOCAL AREA BUSINESSES IN MARION, POLK AND YAMHILL COUNTIES. FORM 990, PART VI, SECTION B, LINE 11B SEDCOR PRESIDENT AND EXECUTIVE BOARD REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C UPON REQUEST FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS OF THE SEDCOR EXECUTIVE COUNCIL PROVIDE PERFORMANCE REVIEWS AND COMPENSATION EVALUATIONS/ADJUSTMENTS FOR THE ORGANIZATION'S PRESIDENT. SEDCOR BYLAWS, ARTICLE 6, SECTION 1 PROVIDES DESIGNATES THE EXECUTIVE COUNCIL AS HAVING "THE OBLIGATION OF ALL PERFORMANCE REVIEWS OF THE CORPORATION'S PRESIDENT." FURTHERMORE, ARTICLE 7, SECTION 2 IDENTIFIES THAT THE PRESIDENT IS THE ONLY OFFICER POSITION HELD WHICH MAY RECEIVE A SALARY. ARTICLE 7, SECTION 4 (TERM OF OFFICE), CLARIFIES THAT THE PRESIDENT'S TERM, "SHALL BE DETERMINED AND TERMINATED AT THE DISCRETION OF THE EXECUTIVE COUNCIL..." WHICH IS FURTHER CLARIFIED IN 7.7 AS THE RESPONSIBILITY OF THE POSITION IS OUTLINED IN DETAIL, INCLUDING THAT THE POSITION SERVES AS AN "AT-WILL EMPLOYEE OF THE CORPORATION" AS HIRED BY THE EXECUTIVE COUNCIL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,567. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,567. FORM 990, PART IX, LINE 24E MILEAGE REIMBURSEMENT: PROGRAM SERVICE EXPENSES 9,896. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,896. MEETINGS: PROGRAM SERVICE EXPENSES 5,715. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,715. BANK CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,287. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,287. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,890. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,890. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,269. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,269. MEALS: PROGRAM SERVICE EXPENSES 2,255. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,255. JANITORIAL AND MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 403. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 403.