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Nonprofit · EIN 93-3739902

STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC

Tax-exempt · SALEM, OR 97301

Financials

$177K$37K2025
Revenue Expenses · by fiscal year end
Financials of STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$177,000$36,502$140,498$140,497$0$140,498
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$177,000

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$35,781
Other expenses
$721
Program services (functional)
$35,781

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$140,497
Total liabilities, end of year
$0
Net assets, end of year
$140,498
Cash, savings and investments
$140,497
Gross receipts
$177,000

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ERIK ANDERSSONBOARD CHAIR8$0
PATRICIA CALLIHAN-BOWMANBOARD TREASURER1$0
THERESA HASKINSBOARD SECRETARY1$0

Address and contacts

Address (IRS master file)
440 CHURCH ST SE STE 610, SALEM, OR 97301-4161
In care of
% JENNIFER KISTLER
Mailing address (990-N for 2024)
626 High St NE Suite 200, Salem OR 97301
Principal officer (990-N for 2024)
Erik Andersson, 670 High St NE, Salem OR 97301
Signed the 990-EZ
ERIK ANDERSSON, BOARD CHAIR
Phone
(503) 837-2131
Return prepared by
CEDAR HILLS CAPITAL LLC

Mission

BUSINESS OPERATIONS EDUCATION FOR UNDERSERVED POPULATIONS

990-EZ for the year ended December 31, 2025

Program accomplishments

  • THROUGH OUR REGIONAL INNOVATION HUB ACTIVITIES, 361 PEOPLE ATTENDED OUR 24 NETWORKING EVENTS, 15 COMPANIES RECEIVED DIRECT TECHNICAL SUPPORT - 5 OF WHICH RECEIVED MENTOR NAVIGATION AND OVER 20 HOURS OF TECHNICAL SUPPORT, 2 MENTORS WERE ADDED TO OUR NETWORK AND 3 BUSINESS FIELD TRIALS WERE FUNDED.
    Expenses $35,781

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
93-3739902
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$140,497
Income (IRS master file)
$177,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$177,000$36,502$140,497IRS
990-N for 2024
Officer: Erik Andersson
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Erik Andersson
December 31, 2023≤ $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 93-3739902).

Questions about STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC

What is the EIN of STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC?
The employer identification number (EIN) of STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC is 93-3739902.
Is STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC 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 STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC 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 STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC?
The 990-N for 2024 names Erik Andersson.
Who are the officers and directors of STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does STRATEGIC ECONOMIC DEVELOPMENT FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $177,000, expenses of $36,502 and total assets of $140,497 at year end.

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