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Nonprofit · EIN 91-1183169

THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL

Tax-exempt · LACEY, WA 98503

Financials

$4.3M$4.3M2023$5.9M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,872,013$5,822,485$49,528$1,094,093$686,095$407,998
December 31, 2023990$4,341,072$4,295,565$45,507$994,445$635,975$358,470
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,461,907
of which government grants
$5,285,410
Membership dues
$154,075
Program service revenue
$409,311
Investment income
$795
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,882,598
Compensation of officers, directors and key employees
$171,275
Other salaries and wages
$1,523,403
Salaries, compensation and benefits (total)
$2,007,707
Professional fundraising fees
$0
Accounting fees
$23,644
Occupancy
$59,591
Travel
$69,131
Depreciation
$1,307
Program services (functional)
$4,608,148
Management and general (functional)
$1,214,337

Balance sheet and other

Total assets, start of year
$994,445
Total assets, end of year
$1,094,093
Total liabilities, end of year
$686,095
Net assets, end of year
$407,998
Land, buildings and equipment
$4,575
Net assets without donor restrictions
$407,998
Gross receipts
$5,872,013
Employees
21
Volunteers
24
Year formed
1981
State of legal domicile
WA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL CADEEXECUTIVE DIRECTOR
Trustee or director, Officer
40$171,275$5,352
TIFFANY SCROGGSPROGRAM MANAGER
Highest-paid employee
40$127,224$3,905
HEIDI MCCUTCHEONDEPUTY DIRECTOR
Highest-paid employee
40$127,126$3,814
THOMAS R MEADEDIRECTOR OF STRATEGIC ALLIANCE
Highest-paid employee
40$110,206$3,306
KATHLEEN HOYPROGRAM MANAGER
Highest-paid employee
40$106,911$3,242
BRIAN FLUETSCHDIRECTOR
Trustee or director
0.5$0$0
CARRIE WHISLERDIRECTOR
Trustee or director
0.5$0$0
CECELIA LOVELESSDIRECTOR
Trustee or director
0.5$0$0
CHRIS WOODSDIRECTOR
Trustee or director
0.5$0$0
DAN JONESDIRECTOR
Trustee or director
0.5$0$0
DARYL FOURTNERDIRECTOR
Trustee or director
0.5$0$0
DAVID SCHAFFERTDIRECTOR
Trustee or director
0.5$0$0
DENISE SAWATZKYDIRECTOR
Trustee or director
0.5$0$0
EVAN PARKERDIRECTOR
Trustee or director
0.5$0$0
GRACE KENDALLDIRECTOR
Trustee or director
0.5$0$0
13 more people on this return
NameTitleHours / weekCompensation
HEATHER BURGESSIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
0.5$0
JESSICA JENSENDIRECTOR
Trustee or director
0.5$0
JIM COOPERDIRECTOR
Trustee or director
0.5$0
JOE DEPINTODIRECTOR
Trustee or director
0.5$0
MALCOLM MILLERPRESIDENT-ELECT
Trustee or director, Officer
0.5$0
MARC DAILYDIRECTOR
Trustee or director
0.5$0
MARK STEEPYPRESIDENT
Trustee or director, Officer
0.5$0
MICHAEL MCGAULYSECRETARY/TREASURER
Trustee or director, Officer
0.5$0
NANCY LAPOINTEDIRECTOR
Trustee or director
0.5$0
PETER AGABIDIRECTOR
Trustee or director
0.5$0
TIMOTHY STOKESDIRECTOR
Trustee or director
0.5$0
TONY TAYLORDIRECTOR
Trustee or director
0.5$0
WAYNE FOURNIERDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL CADEEXECUTIVE DIRECTOR
Trustee or director, Officer
45$156,163$4,911
TIFFANY SCROGGSPROGRAM MANAGER
Highest-paid employee
40$116,933$4,727
HEIDI MCCUTCHEONDEPUTY DIRECTOR
Highest-paid employee
40$111,904$3,231
THOMAS MEADEDIRECTOR OF STRATEGIC ALLIANCES
Highest-paid employee
40$106,850$4,406
GENE ANGELDIRECTOR OF RESEARCH & EVALUATION
Highest-paid employee
40$101,148$3,087
MARK STEEPYPRESIDENT
Trustee or director, Officer
0.5$0$0
HEATHER BURGESSIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
0.5$0$0
MICHAEL MCGAULYSECRETARY / TREASURER
Trustee or director, Officer
0.5$0$0
PETER AGABIDIRECTOR
Trustee or director
0.5$0$0
REID BATESDIRECTOR
Trustee or director
0.5$0$0
JOE DEPINTODIRECTOR
Trustee or director
0.5$0$0
JIM COOPERDIRECTOR
Trustee or director
0.5$0$0
MARC DAILYDIRECTOR
Trustee or director
0.5$0$0
JOE DOWNINGDIRECTOR
Trustee or director
0.5$0$0
GARY EDWARDSDIRECTOR
Trustee or director
0.5$0$0
BRIAN FLUETSCHDIRECTOR
Trustee or director
0.5$0$0
WAYNE FOURNIERDIRECTOR
Trustee or director
0.5$0$0
DARYL FOURTNERDIRECTOR
Trustee or director
0.5$0$0
JESSICA JENSENDIRECTOR
Trustee or director
0.5$0$0
DAN JONESDIRECTOR
Trustee or director
0.5$0$0
CECILIA LOVELESSDIRECTOR
Trustee or director
0.5$0$0
MALCOLM MILLERDIRECTOR
Trustee or director
0.5$0$0
EVAN PARKERDIRECTOR
Trustee or director
0.5$0$0
ANNETTE PITTSDIRECTOR
Trustee or director
0.5$0$0
DR TIMOTHY STOKESDIRECTOR
Trustee or director
0.5$0$0
TONY TAYLORDIRECTOR
Trustee or director
0.5$0$0
CARRIE WHISLERVICE PRESIDENT
Trustee or director
0.5$0$0
CHRIS WOODSDIRECTOR
Trustee or director
0.5$0$0
SHINA WYSOCKIDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
4220 6TH AVE SE, LACEY, WA 98503-1024
In care of
% F THURSTON COUNTY
Principal officer (990 for 2024)
MICHAEL CADE, 4220 6TH AVE SE, LACEY, WA 98503
Signed the 990
MICHAEL CADE, EXECUTIVE DIRECTOR
Phone
(360) 754-6320
Return prepared by
JOHNSON STONE & PAGANO PS

Mission

THE MISSION OF THE THE THURSTON EDC IS TO PROMOTE AND INCREASE SUSTAINABLE ECONOMIC, INVESTMENT AND EMPLOYMENT OPPORTUNITIES THROUGHOUT THURSTON COUNTY THAT SUPPORT THE LIVELIHOOD, VALUES OF THE RESIDENTS OF THE COUNTY.

990 for the year ended December 31, 2024

Program accomplishments

  • APEX ACCELERATORAPEX ACCELERATOR PROVIDES COMPREHENSIVE SUPPORT TO BUSINESSES SEEKING TO WIN GOVERNMENT CONTRACTS AND SUBCONTRACTS. THE ONE-ON-ONE TECHNICAL ASSISTANCE INCLUDES BID REVIEWS, MARKETING ASSISTANCE, CONTRACT PERFORMANCE, SMALL BUSINESS CERTIFICATIONS, AND MORE. APEX ACCELERATORS ALSO HOSTS PROCUREMENT TRAINING CLASSES AND SEMINARS, AND HELPS BUSINESSES REGISTER WITH THE CORRECT DATABASES IN ORDER TO COMPETE FOR GOVERNMENT CONTRACTS. WASHINGTON APEX ACCELERATOR'S MISSION IS TO INCREASE THE NUMBER OF GOVERNMENT CONTRACTS AWARDED TO WASHINGTON FIRMS SO THAT THOSE FIRMS CAN GROW.
    Expenses $2,483,203
  • THURSTON STRONGTHE THURSTON STRONG ECONOMIC RESPONSE AND RECOVERY INITIATIVE IS SUPPORTED BY FUNDING FROM THE U.S. DEPARTMENT OF THE TREASURY UNDER THE CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS AWARD AS PROVIDED BY THE AMERICAN RESCUE PLAN ACT. IN 2024, OVER $1,800,000 WENT TO GRANT AWARDEES SPECIFIC TO CHILD CARE BUSINESSES. THE GOAL OF THE THURSTON STRONG GRANTS ARE TO PROVIDE FUNDING FOR BUSINESSES DIRECTLY AFFECT BY COVID-19.
    Expenses $2,124,945 · grants $1,882,598 · revenue $409,311

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1183169
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible (Pub 78)
Organization other than a public charity or private foundation
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,094,093
Income (IRS master file)
$5,872,013

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,872,013$5,822,485$1,094,093IRS
990December 2023$4,341,072$4,295,565$994,445XML
990December 2022$8,399,812$8,308,981$900,230IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 91-1183169).

Questions about THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL

What is the EIN of THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL?
The employer identification number (EIN) of THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL is 91-1183169.
Is THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1993.
Are donations to THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL tax-deductible?
Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
Which annual return does THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL 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 THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended December 31, 2024 names MICHAEL CADE.
Who are the officers and directors of THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended December 31, 2024 lists 28 people; 5 received compensation from the organization, the highest $171,275 (MICHAEL CADE, EXECUTIVE DIRECTOR).
How much revenue does THURSTON COUNTY ECONOMIC DEVELOPMENT COUNCIL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,872,013, expenses of $5,822,485 and total assets of $1,094,093 at year end.

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