Nonprofit · EIN 85-0912003
WHITE MOUNTAIN ECONOMIC DEVELOPMENT
Tax-exempt · PHOENIX, AZ 85012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $838,928 | $757,630 | $81,298 | $277,721 | $0 | $277,721 |
| December 31, 2024 | 990 | $410,971 | $312,575 | $98,396 | $173,705 | $0 | $173,705 |
| December 31, 2023 | 990 | $262,959 | $219,066 | $43,893 | $75,309 | $0 | $75,309 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $838,928
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $513,905
- Other salaries and wages
- $108,121
- Salaries, compensation and benefits (total)
- $622,026
- Professional fundraising fees
- $0
- Travel
- $17,477
- Program services (functional)
- $500,678
- Management and general (functional)
- $256,952
Balance sheet and other
- Total assets, start of year
- $196,423
- Total assets, end of year
- $277,721
- Total liabilities, end of year
- $0
- Net assets, end of year
- $277,721
- Net assets without donor restrictions
- $277,721
- Gross receipts
- $838,928
- Employees
- 0
- Year formed
- 2022
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSS YELTON | Executive Dir. Trustee or director, Officer | 30 | $371,705 |
| DONALD D LAUGHLIN | President & CEO Trustee or director, Officer | 30 | $142,200 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSS YELTON | Executive Dir. Trustee or director, Officer | 30 | $87,218 |
| DONALD D LAUGHLIN | President & CEO Trustee or director, Officer | 30 | $85,000 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DONALD D LAUGHLIN | President & CEO Trustee or director, Officer | 30 | $54,000 | $8,702 |
| RUSS YELTON | Executive Dir. Trustee or director, Officer | 30 | $57,000 | $2,599 |
Address and contacts
- Address (IRS master file)
- 4750 N CENTRAL AVE UNIT 1A, PHOENIX, AZ 85012-1756
- Principal officer (990 for 2025)
- DONALD D LAUGHLIN, 4750 N Central Ave 1A, PHOENIX, AZ 85012
- Signed the 990
- DONALD D LAUGHLIN, President & CEO
- Phone
- (602) 919-3539
- Website
- www.wmedev.org
- 990-N for 2022 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: RUSSELL YELTON, 4750 N CENTRAL AVE STE UNIT 1, PHOENIX AZ 85012. Mailing address: 4750 N CENTRAL AVE STE UNIT 1, PHOENIX AZ 85012.
- Return prepared by
- RAB CPA PLLC
Mission
IMPROVING WELL BEING OF INDIVIDUALS THROUGH ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, TRAINING AND INCUBATION PROGRAMS.
Program accomplishments
- IMPROVING WELL BEING OF INDIVIDUALS THROUGH ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, TRAINING AND INCUBATION PROGRAMS.Expenses $500,678
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-0912003
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $277,721
- Income (IRS master file)
- $838,928
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $838,928 | $757,630 | $277,721 | IRS |
| 990 | December 2024 | $410,971 | $312,575 | $173,705 | XML |
| 990 | December 2023 | $262,959 | $219,066 | $75,309 | XML |
| 990-N for 2022 Officer: RUSSELL YELTON Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-0912003).
Questions about WHITE MOUNTAIN ECONOMIC DEVELOPMENT
- What is the EIN of WHITE MOUNTAIN ECONOMIC DEVELOPMENT?
- The employer identification number (EIN) of WHITE MOUNTAIN ECONOMIC DEVELOPMENT is 85-0912003.
- Is WHITE MOUNTAIN ECONOMIC DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WHITE MOUNTAIN ECONOMIC DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WHITE MOUNTAIN ECONOMIC DEVELOPMENT 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 WHITE MOUNTAIN ECONOMIC DEVELOPMENT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WHITE MOUNTAIN ECONOMIC DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WHITE MOUNTAIN ECONOMIC DEVELOPMENT?
- The 990 for the year ended December 31, 2025 names DONALD D LAUGHLIN.
- Who are the officers and directors of WHITE MOUNTAIN ECONOMIC DEVELOPMENT?
- The 990 for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $371,705 (RUSS YELTON, Executive Dir.).
- How much revenue does WHITE MOUNTAIN ECONOMIC DEVELOPMENT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $838,928, expenses of $757,630 and total assets of $277,721 at year end.
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