Idaho Economic Development Association Inc

Organization Overview

Idaho Economic Development Association Inc is located in Blackfoot, ID. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Economic Development Association Inc 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, Idaho Economic Development Association Inc generated $15.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $29.2k 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

STATEWIDE PROMOTION OF ECONOMIC DEVELOPMENT INITIATIVES: (A) DETERMINE TRAINING NEEDS OF MEMBERSHIP, DEVELOP CURRICULUM AND PROVIDE APPROPRIATE TRAINING, (B) ASSIST IN DEVELOPING AND REFINING A COMPREHENSIVE MARKETING STRATEGY FOR THE STATE OF IDAHO, AND (C) CREATE A COHESIVE, STATEWIDE ECONOMIC DEVELOPMENT STRUCTURE THAT PROVIDES SUPPORT AND OPPORTUNITY FOR BOTH RURAL AND URBAN COMMUNITIES IN IDAHO. THE ORGANIZATION'S STATED MISSION IS: THE IDAHO ECONOMIC DEVELOPMENT ASSOCIATION (IEDA) IS A TRADE ASSOCIATION OF ECONOMIC DEVELOPMENT PROFESSIONALS AND AFFILIATED ENTITIES WHOSE PURPOSE IS TO ENHANCE AND ELEVATE THE PRACTICE OF ECONOMIC DEVELOPMENT IN IDAHO, TO INFLUENCE PUBLIC POLICY RELATED TO ECONOMIC DEVELOPMENT, AND TO PROMOTE SUSTAINABLE BUSINESS GROWTH FOR IDAHO'S ECONOMIC VITALITY AND INCREASED STANDARD OF LIVING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPRING AND FALL IEDA EDUCATIONAL CONFERENCES


GEM STATE PROSPECTOR WEBSITE LAUNCH


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Board, Officers & Key Employees

Name (title)Compensation
Beth Ineck
President (2
$0
Connie Stopher
Director
$0
Nathan Murray
Director
$0
Steve Fultz
Past Preside
$0
Doug Manning
Director
$0
Gynii Gilliam
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$15,606
Fundraising events$0
Related organizations$0
Government grants $0
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$15,606
Total Program Service Revenue$0
Investment income $8
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 $15,614

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