Ncwedd
- Assets
- $50.8k
- Revenue
- $371.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Wenatchee, WA
- Founding
- 07/2008
- Data as of
- 12/2021
- EIN
- 20-4998283
Organization Overview
Ncwedd, operating under the name Ncw Edd, is located in Wenatchee, 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 12/2021, Ncw Edd employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncw Edd 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 12/2021, Ncw Edd generated $371.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $438.4k during the year ending 12/2021. While expenses have increased by 21.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AN INNOVATIVE AND RESILIENT ECOMOMY FOR NORTH CENTRAL WASHINGTON'S BUSINESSES, WORKERS AND FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
NCWEDD BRINGS TOGETHER THE PRIVATE AND PUBLIC SECTORS IN PARTNERSHIP TO PROVIDE A COORDINATED STRATEGY AND ONGOING ECONOMIC DEVELOPMENT PROGRAM IN THE REGION. THIS INCLUDED HOSTING INDUSTRY CONVENINGS, MANAGING A REGIONAL PARTNERSHIP WITH THE THOMPSON OKANOGAN TOURISM ASSOCIATION FOR THE ROUTE 97 ROAD TRIP TOURING PROGRAM, IDENTIFYING AND SUPPORTING REIGIONAL PRIORITY PROJECTS AND CONVENING BOARD MEMBERS AT MONTHLY MEETINGS AND THE ANNUAL PLANNING RETREAT.
PLUG-IN NCW ENGAGED IN PUBLIC EDUCATION AND OUTREACH ABOUT ELECTRIC VEHICLES ADOPTION, EV TOURISM, AND THE GROWING NEED FOR CAREER AND TECHNICAL EDUCATION TRAINING FOR EV MAINTENANCE. THEY HOSTED INTERACTIVE DISPLAYS AND TEST DRIVES AT CHELAN AND LEAVENWORTH EARTH DAY FAIRS, AND BEGAN PRODUCTION OF A VIDEO ABOUT THEIR 2017 CHARGE ACROSS WASHINGTON DEMONSTARTION DRIVE ACROSS HIGHWAY 2.
THE NCWEDD WAS A CRITICAL PARTNER IN THE SUCCESSFUL LAUNCH OF THE NCW STARTUP 365 GRANT, A STATE-FUNDED INITIATIVE THAT SUPPORTS THE DEVELOPMENT AND LAUNCH OF SMALL BUSINESSES ACROSS NORTH CENTRAL WASHINGTON.
TOTAL AND CHELAN DOUGLAS TRENDS. WE SUPPORTED REGIONAL TOURISM INDUSTRY DEVELOPMENT THROUGH OUR PARTNERSHIP WITH THE THOMPSON OKANOGAN TOURISM ASSOCIATION. WE CONTINUED TO INSURE REGIONAL ACCESS TO THE CHELAN DOUGLAS TRENDS COMMUNINTY INDICATORS PLATFORM. WE HOSTED THE 4TH ANNUAL NCW REGIONAL ECOMOMIC FORUM TO HIGHLIGHT EXAMPLES OF INNOVATION AND EFFECTIVE PARTNERSHIPS THAT ARE SOLVING CHALLENGES THAT IMPACT THE REGIONAL ECOMONIC OUTCOMES. WE HAVE LAUNCHED THE SUPERNOVA BUSINESS LAUNCH COMPETITION TO HELP CREATE AND EXPAND SMALL BUSINESSES THROUGOUT NORTH CENTRAL WASHINGTON WITH A FOCUS ON BARRIERS TO EMPLOYMENT AND SOCIAL DETERMINANTS OF HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Luckensmeyer Treasurer | OfficerTrustee | $0 | |
Kurt Danison Chair | Officer | $0 | |
Roni Holder-Diefenbach Secretary | Officer | $0 | |
Mark Botello Board Member | Trustee | $0 | |
Mima Cole Board Member | Trustee | $0 | |
Chris Branch Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,215 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $283,712 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,684 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,611 |
| Total Program Service Revenue | $9,406 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $371,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,424 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,120 |
| Payroll taxes | $31,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,377 |
| Office expenses | $1,646 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,561 |
| Travel | $13,400 |
| 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 | $0 |
| Insurance | $1,474 |
| All other expenses | $28,233 |
| Total functional expenses | $438,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,771 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,000 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,771 |
| Accounts payable and accrued expenses | $3,059 |
| 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 | $0 |
| Total liabilities | $3,059 |
| Net assets without donor restrictions | $47,712 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $50,771 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ncwedd has recieved totaling $186.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $186 |
Peer Organizations
| 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 |