Lincoln County Economic Developmentcouncil is located in Davenport, WA. The organization was established in 2008. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Lincoln County Economic Developmentcouncil employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln County Economic Developmentcouncil is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Lincoln County Economic Developmentcouncil generated $271.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $149.0k during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lincoln County Economic Developmentcouncil has awarded 65 individual grants totaling $478,172. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES, SPECIFICALLY RELATED TO ECONOMIC DEVELOPMENT FOR LINCOLN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT OF ACCOMPLISHMENTS FOR OUR THREE LARGEST PROGRAM SERVICES FOR 2020.2021 KEY PROGRAM 1: BROADBAND EXPANSION AND IMPROVEMENTTHE EDC DOES BROADBAND PLANNING AND SERVICE TRACKING FOR RURAL LINCOLN COUNTY. WE BELIEVE THAT FASTER, MORE RELIABLE INTERNET SERVICE IS CRITICAL TO OUR ECONOMY AND ASSURING THAT LINCOLN COUNTY'S BUSINESSES AND CITIZENS HAVE ACCESS IS A PRIORITY FOR US. LINCOLN COUNTY'S COMMISSIONERS AGREE AND PARTNERED WITH THE EDC ON A GRANT APPLICATION TO FUND A DESIGN-COST ANALYSIS OF A COUNTY-WIDE MIDDLE-MILE BROADBAND NETWORK. THE FEASIBILITY STUDY WAS COMPLETED. LINCOLN COUNTY IN PARTNERSHIP WITH THE EDC APPLIED FOR AND WAS AWARDED A CERB BROADBAND CONSTRUCTION GRANT IN THE AMOUNT OF $1,963,920.00 FOR A PHASE 1 BUILD (FTTX IN ALMIRA, CRESTON AND HARRINGTON). INTERNET SERVICE PROVIDERS ARE FEW AND MOST SERVE ONLY SMALL PORTIONS OF LINCOLN COUNTY. THE EDC MAINTAINS AND PUBLISHES A LIST OF INTERNET SERVICE PROVIDERS TO HELP BUSINESSES AND RESIDENTS FIND THE BEST POSSIBLE PROVIDER FOR THEIR LOCATION AND BANDWIDTH NEEDS. THE EDC WORKS CLOSELY WITH PROVIDERS TO ASSURE THAT THEY DON'T EXPERIENCE BARRIERS TO EXPANSION.2021 KEY PROGRAM 2: MUNICIPAL WATER SYSTEMSBUSINESSES CANNOT THRIVE IN A COMMUNITY THAT DOES NOT DELIVER CLEAN WATER AND SANITARY SEWER SERVICES, BUT MEETING THAT GOAL IS DIFFICULT. OUR SMALL COMMUNITIES MUST COMPLY WITH THE SAME EXPENSIVE STATE REGULATIONS AS LARGE CITIES. ADDITIONALLY, OUR SMALL COMMUNITIES FACE THE SAME ISSUE OTHER ENTITIES FACE - TRAINING AND CERTIFYING STAFF ONLY TO SEE THEM MOVE ON TO LARGER COMMUNITIES WITH LARGER BUDGETS. REGIONALIZATION IS ABOUT COLLABORATION, NOT CONSOLIDATION, AND THE COLLABORATION HAS ALREADY RESULTED IN A MUTUAL AID AGREEMENT AMONG SIX COMMUNITIES AND UTILITY ASSET MANAGEMENT TRAINING FOR SYSTEM OPERATORS AND ELECTED OFFICIALS. THIS PROJECT IS ONGOING AND HAS GARNERED STATEWIDE ATTENTION FROM AGENCIES AND FROM OTHER RURAL COUNTIES STRUGGLING WITH THE SAME ISSUES.2021 KEY PROGRAM 3: BUSINESS CREATION, RETENTION, AND EXPANSIONMANY ACTIVITIES PERFORMED BY THE EDC DIRECTLY OR INDIRECTLY BENEFIT THE LOCAL ECONOMY. A LARGE PORTION OF LINCOLN COUNTY IS NOW A FEDERAL OPPORTUNITY ZONE AND OFFERS TAX BENEFITS TO NEW BUSINESSES THAT OPEN THERE. THE EDC CONTRACTS WITH LINCOLN COUNTY TO PROMOTE OUR RECREATIONAL OPPORTUNITIES TO TOURISTS OUTSIDE OF THE COUNTY AND ENCOURAGE CAMPERS, BOATERS, FISHING ENTHUSIASTS, AND HOUSEBOAT VACATIONERS TO SPEND THEIR LEISURE TIME AND DISCRETIONARY INCOME HERE IN LINCOLN COUNTY. THE EDC USES SOCIAL MEDIA TO PROMOTE LOCAL BUSINESSES THROUGH PROJECTS LIKE OUR SHOP LOCAL FOR THE HOLIDAYS FACEBOOK EVENT. THE EDC MAINTAINS AVAILABLE COMMERCIAL PROPERTIES LISTS ON OUR WEBSITE AND ON THE WASHINGTON STATE DEPARTMENT OF COMMERCE WEBSITE TO HELP PLACE BUSINESSES IN EMPTY STOREFRONTS. THE EDC ALSO PROVIDES ONE-ON-ONE ASSISTANCE TO LINCOLN COUNTY BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janice Meats Executive Dir. | Trustee | 40 | $55,907 |
Jan Hoogstad Vice President | OfficerTrustee | 0 | $0 |
Dale Swant President | OfficerTrustee | 0 | $0 |
Jamie Manchester Secretary | OfficerTrustee | 0 | $0 |
Don Phillips Treasurer | OfficerTrustee | 0 | $0 |
Scott Hutsell Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $177,500 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $177,500 |
Total Program Service Revenue | $19,770 |
Investment income | $15 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,800 |
Net Gain/Loss on Asset Sales | $63,490 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $271,575 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $37,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $55,907 |
Compensation of current officers, directors, key employees. | $55,907 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,715 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,575 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $27,918 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,522 |
Travel | $742 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47 |
Insurance | $2,992 |
All other expenses | $1,434 |
Total functional expenses | $148,974 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $225,615 |
Savings and temporary cash investments | $79,386 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,043 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $88,217 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12 |
Total assets | $428,273 |
Accounts payable and accrued expenses | $4,096 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $32,505 |
Total liabilities | $36,601 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $391,672 |
Total liabilities and net assets/fund balances | $428,273 |
Over the last fiscal year, Lincoln County Economic Developmentcouncil has awarded $445,304 in support to 60 organizations.
Grant Recipient | Amount |
---|---|
MANNTIQUES & UPHOLSTRY | | | $10,000 |
MANN MADE DESIGNS LLC | | | $10,000 |
NORTH RIDGE NURSERY | | | $10,000 |
NORTH RIDGE NURSERY | | | $10,000 |
TWIN SPRUCE BIRD RANCH | | | $10,000 |
TWIN SPRUCE BIRD RANCH | | | $10,000 |
Over the last fiscal year, we have identified 1 grants that Lincoln County Economic Developmentcouncil has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Norton Sound Economic Development Corporation Anchorage, AK | $393,228,467 | $59,416,266 |
Bristol Bay Economic Development Corporation Dillingham, AK | $306,219,768 | $32,445,568 |
Juneau Economic Development Council Juneau, AK | $7,391,243 | $19,704,575 |
Alaska Cabaret Hotel Restaurant & Retailers Association Anchorage, AK | $1,951,463 | $11,915,981 |
Spokane Area Workforce Development Council Spokane, WA | $1,735,015 | $9,993,306 |
South Central Workforce Development Council Union Gap, WA | $4,276,195 | $7,715,275 |
Bend Visitor & Convention Bureau Bend, OR | $2,809,916 | $4,392,853 |
Visit Spokane Spokane, WA | $4,256,594 | $5,130,887 |
Spruce Root Inc Juneau, AK | $2,965,503 | $3,464,933 |
Angels For Angels Seattle, WA | $2,495,465 | $5,448,539 |
Columbia Pacific Economic Development District Of Oregon St Helens, OR | $1,194,782 | $2,960,651 |
Koyuk Native Store Koyuk, AK | $1,287,215 | $2,898,870 |