Regional Economic Development Corporation Ofr East Idaho

Organization Overview

Regional Economic Development Corporation Ofr East Idaho is located in Idaho Falls, ID. The organization was established in 1993. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Regional Economic Development Corporation Ofr East Idaho employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Economic Development Corporation Ofr East Idaho is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Regional Economic Development Corporation Ofr East Idaho generated $258.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $280.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE DIVERSIFICATION OF THE ECONOMY AND ENHANCEMENT OF THE QUALITY OF LIFE FOR THE RESIDENTS OF EASTERN IDAHO COMMUNITIES. PROMOTE PROGRAMS BY COORDINATING, SUPPORTING AND ACTING AS A CATALYST FOR COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES REGION-WIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE DIVERSIFICATION OF THE ECONOMY AND ENHANCEMENT OF THE QUALITY OF LIFE FOR THE RESIDENTS OF EASTERN IDAHO COMMUNITIES. PROMOTE PROGRAMS BY COORDINATING, SUPPORTING AND ACTING AS A CATALYST FOR COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES REGION-WIDE.


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Board, Officers & Key Employees

Name (title)Compensation
Teresa Mcknight
CEO
$135,000
R Scott Reese
Chair
$0
Teri Tengaio
Sec/treas
$0
Cortney Liddiard
Vice Chair
$0
Mark Bair
Director
$0
Rebecca Casper
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $65,929
All other contributions, gifts, grants, and similar amounts not included above$191,490
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$257,419
Total Program Service Revenue$0
Investment income -$3,177
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 $258,295

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