Nonprofit · EIN 20-1133191
ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY
Tax-exempt · SARASOTA, FL 34232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,421,169 | $1,460,718 | -$39,549 | $1,116,483 | $426,950 | $689,533 |
| September 30, 2024 | 990 | $1,529,311 | $1,423,831 | $105,480 | $1,028,310 | $299,103 | $729,207 |
| September 30, 2023 | 990 | $1,429,822 | $1,419,814 | $10,008 | $960,710 | $336,983 | $623,727 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,340,192
- of which government grants
- $799,069
- Membership dues
- $517,790
- Program service revenue
- $51,045
- Investment income
- $27,194
- Other revenue
- $2,738
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $147,760
- Other salaries and wages
- $588,755
- Salaries, compensation and benefits (total)
- $904,895
- Professional fundraising fees
- $0
- Legal fees
- $20,913
- Accounting fees
- $88,831
- Occupancy
- $74,938
- Program services (functional)
- $1,197,812
- Management and general (functional)
- $262,906
Balance sheet and other
- Total assets, start of year
- $1,028,310
- Total assets, end of year
- $1,116,483
- Total liabilities, end of year
- $426,950
- Net assets, end of year
- $689,533
- Net assets without donor restrictions
- $689,533
- Gross receipts
- $1,421,169
- Employees
- 8
- Volunteers
- 27
- Year formed
- 2004
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIN SILK | PRESIDENT/CE Trustee or director, Officer | 40 | $147,760 | $11,468 |
| JOSHUA EWEN | VICE PRESIDE Highest-paid employee | 40 | $115,888 | $6,394 |
| ERIN CIGICH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BILL CLINEBELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DRMICHAEL CROSBY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RON CUTSINGER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CARLO FASSI | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DONN GITHENS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PENNY GOLD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TOMMY GREGORY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICK HOWARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DEVANEY IGLESIAS | CHAIR Trustee or director, Officer | 6 | $0 | $0 |
| MARK IRWIN | PAST CHAIR Trustee or director, Officer | 6 | $0 | $0 |
| DRBRETT KEMKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BARBARA LANGDON | DIRECTOR Trustee or director | 2 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PHILIP LANHAM | DIRECTOR Trustee or director | 2 | $0 |
| JEFF LIMBOCKER | DIRECTOR Trustee or director | 2 | $0 |
| ALAN MAIO | DIRECTOR Trustee or director | 2 | $0 |
| TYLER MCCALLISTER | VICE CHAIR Trustee or director, Officer | 6 | $0 |
| JOSEPH MCKENNA | DIRECTOR Trustee or director | 2 | $0 |
| JASON METNICK | DIRECTOR Trustee or director | 2 | $0 |
| STEVE MOREHART | TREASURER Trustee or director, Officer | 6 | $0 |
| CHARLES MURPHY | DIRECTOR Trustee or director | 2 | $0 |
| CHARLIE MURPHY | DIRECTOR Trustee or director | 2 | $0 |
| KATHY KELLEY OHLRICH | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS PERKINS | DIRECTOR Trustee or director | 2 | $0 |
| GARRETT SHINN | SECRETARY Trustee or director, Officer | 6 | $0 |
| CHRISTA SULLIVAN | DIRECTOR Trustee or director | 2 | $0 |
| HEATHER WILLIAMS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Erin Silk | President/CEO Trustee or director, Officer | 40 | $122,145 | $16,242 |
| Joshua Ewen | Vice President, Economic Development Highest-paid employee | 40 | $104,850 | $11,256 |
| Devaney Iglesias | Chair Trustee or director, Officer | 6 | $0 | $0 |
| Brett Henson | Vice Chair Trustee or director, Officer | 6 | $0 | $0 |
| Steve Morehart | Treasurer Trustee or director, Officer | 6 | $0 | $0 |
| Erin Cigich | Secretary Trustee or director, Officer | 6 | $0 | $0 |
| Mark Irwin | Past Chair Trustee or director, Officer | 6 | $0 | $0 |
| Michael Crosby | Director Trustee or director | 2 | $0 | $0 |
| Charles Murphy | Director Trustee or director | 2 | $0 | $0 |
| Todd Fritch | Director Trustee or director | 2 | $0 | $0 |
| Phillip Lanham | Director Trustee or director | 2 | $0 | $0 |
| Karen Holbrook | Director Trustee or director | 2 | $0 | $0 |
| Chris Perkins | Director Trustee or director | 2 | $0 | $0 |
| Art Lambert | Director Trustee or director | 2 | $0 | $0 |
| Joseph McKenna | Director Trustee or director | 2 | $0 | $0 |
| Tyler McCallister | Director Trustee or director | 2 | $0 | $0 |
| Charles Murphy | Director Trustee or director | 2 | $0 | $0 |
| Scott Sensenbrenner | Director Trustee or director | 2 | $0 | $0 |
| Rick Severance | Director Trustee or director | 2 | $0 | $0 |
| Garrett Shinn | Director Trustee or director | 2 | $0 | $0 |
| Heather Williams | Director Trustee or director | 2 | $0 | $0 |
| Erik Arroyo | Director Trustee or director | 2 | $0 | $0 |
| Ron Cutsinger | Director Trustee or director | 2 | $0 | $0 |
| Rick Howard | Director Trustee or director | 2 | $0 | $0 |
| Penny Gold | Director Trustee or director | 2 | $0 | $0 |
| Barbara Langdon | Director Trustee or director | 2 | $0 | $0 |
| Eric Kowalewski | Director Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lisa Krouse | President/CEO (Oct 2022 - June 2023) Officer | 40 | $206,954 | $33,497 |
| Erin Silk | President/CEO (June 2023 - Sept 2023) Officer | 40 | $121,404 | $12,156 |
| Mark Irwin | Chair Trustee or director, Officer | 6 | $0 | $0 |
| Devaney Iglesias | Vice Chair Trustee or director, Officer | 6 | $0 | $0 |
| Steve Morehart | Treasurer Trustee or director, Officer | 6 | $0 | $0 |
| Erin Cigich | Secretary Trustee or director, Officer | 6 | $0 | $0 |
| Joe Hembree | Past Chair Trustee or director, Officer | 6 | $0 | $0 |
| Eric Kowalewski | Director Trustee or director | 2 | $0 | $0 |
| Charlie Murphy | Director Trustee or director | 2 | $0 | $0 |
| Todd Fritch | Director Trustee or director | 2 | $0 | $0 |
| Brett Henson | Director Trustee or director | 2 | $0 | $0 |
| Karen Holbrook | Director Trustee or director | 2 | $0 | $0 |
| Chris Perkins | Director Trustee or director | 2 | $0 | $0 |
| Art Lambert | Director Trustee or director | 2 | $0 | $0 |
| Joseph McKenna | Director Trustee or director | 2 | $0 | $0 |
| Mark Pritchett | Director Trustee or director | 2 | $0 | $0 |
| Charles Murphy | Director Trustee or director | 2 | $0 | $0 |
| Scott Sensenbrenner | Director Trustee or director | 2 | $0 | $0 |
| Rick Severance | Director Trustee or director | 2 | $0 | $0 |
| Byron Shinn | Director Trustee or director | 2 | $0 | $0 |
| Heather Williams | Director Trustee or director | 2 | $0 | $0 |
| Erik Arroyo | Director Trustee or director | 2 | $0 | $0 |
| Nancy Detert | Director Trustee or director | 2 | $0 | $0 |
| Nick Pachota | Director Trustee or director | 2 | $0 | $0 |
| Penny Gold | Director Trustee or director | 2 | $0 | $0 |
| Jill Luke | Director Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 301 N CATTLEMEN RD, SARASOTA, FL 34232-6427
- In care of
- % KATHLEEN D BAYLIS
- Principal officer (990 for 2024)
- ERIN SILK, 301 N CATTLEMEN ROAD 203, SARASOTA, FL 34232
- Signed the 990
- ERIN SILK, PRESIDENT/CEO
- Phone
- (941) 309-1200
- Website
- EDCSARASOTACOUNTY.COM
- Return prepared by
- MKA ADVISORY LLC
Mission
TO CREATE AND FOSTER ECONOMIC OPPORTUNITIES IN COLLABORATION WITH COMMUNITY AND REGIONAL PARTNERS TO DIVERSIFY, GROW AND SUSTAIN OUR ECONOMY WHILE ENHANCING OUR UNIQUE, NATURAL AND CULTURAL ENVIRONMENT.
Program accomplishments
- TO ASSIST EXPANSION OF EXISTING COMPANIES, ATTRACT AND RETAIN QUALITY JOBS, SOLICIT NEW BUSINESS, PROMOTE SARARSOTA COUNTYS' BUSINESS IMAGE, AND ENHANCE SARASOTA COUNTYS' OVERALL QUALITY OF LIFE.Expenses $1,197,812
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 20-1133191
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,116,483
- Income (IRS master file)
- $1,421,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,421,169 | $1,460,718 | $1,116,483 | IRS |
| 990 | September 2024 | $1,529,311 | $1,423,831 | $1,028,310 | XML |
| 990 | September 2023 | $1,429,822 | $1,419,814 | $960,710 | XML |
| 990 | September 2022 | $1,469,712 | $1,384,300 | $858,365 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1133191).
Questions about ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY
- What is the EIN of ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY?
- The employer identification number (EIN) of ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY is 20-1133191.
- Is ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY?
- The 990 for the year ended September 30, 2025 names ERIN SILK.
- Who are the officers and directors of ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY?
- The 990 for the year ended September 30, 2025 lists 29 people; 2 received compensation from the organization, the highest $147,760 (ERIN SILK, PRESIDENT/CE).
- How much revenue does ECONOMIC DEVELOPMENT CORPORATION OF SARASOTA COUNTY have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,421,169, expenses of $1,460,718 and total assets of $1,116,483 at year end.
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