Economic Development Corporation Of Utah Foundation
- Assets
- $69.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- Data as of
- 06/2021
- EIN
- 86-2359494
Organization Overview
Economic Development Corporation Of Utah Foundation is located in Salt Lake City, UT. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Development Corporation Of Utah Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CENTER FOR ECONOMIC OPPORTUNITY AND BELONGING SERVES AS THE PRIVATE SECTOR COMMITMENT TO WORK ALONGSIDEGOVERNMENT AND COMMUNITIES OF COLOR TO ADVANCE THE PRINCIPLES OUTLINED IN THE UTAH COMPACT ON RACIAL EQUITY, DIVERSITY, AND INCLUSION.THE CENTER FOCUSES ON ADVANCING ECONOMIC EQUITY AND STRENGTHENING COMMUNITY COHESIVENESS BY FOSTERING AND ENVIRONMENT OF BELONGING FOR ALL UTAHNS.
THE CENTER FOR ECONOMIC OPPORTUNITY AND BELONGING SERVES AS THE PRIVATE SECTOR COMMITMENT TO WORK ALONGSIDEGOVERNMENT AND COMMUNITIES OF COLOR TO ADVANCE THE PRINCIPLES OUTLINED IN THE UTAH COMPACT ON RACIAL EQUITY, DIVERSITY, AND INCLUSION.THE CENTER FOCUSES ON ADVANCING ECONOMIC EQUITY AND STRENGTHENING COMMUNITY COHESIVENESS BY FOSTERING AND ENVIRONMENT OF BELONGING FOR ALL UTAHNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Morgan Board Member | 1 | $0 | |
Michelle Smith Board Member | 1 | $0 | |
Jill Kirsling Board Member | 2 | $0 | |
Theresa Foxley Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,183 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,726 |
| Total expenses | $10,909 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,091 |
| Other assets | $0 |
| Total assets | $69,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,091 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Economic Development Corporation Of Utah Foundation has recieved totaling $75,000.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Partnership For Economic Innovation Tempe, AZ | $1,809,665 | $4,093,737 |
Albuquerque Convention & Visitors Bureau Inc Albuquerque, NM | $3,028,509 | $4,018,411 |
Karis Inc Grand Junction, CO | $4,115,604 | $3,050,096 |
Aurora Economic Development Council Inc Aurora, CO | $1,245,291 | $2,876,706 |
New Mexico Manufacturing Extension Partnership Albuquerque, NM | $3,504,787 | $2,700,614 |
Western Colorado Business Development Corp Grand Junction, CO | $7,096,798 | $2,689,196 |
Native Partnership For Housing Inc Gallup, NM | $6,530,837 | $1,130,197 |
Albuquerque Economic Development Inc Albuquerque, NM | $4,275,718 | $2,101,015 |
Capital Matrix Inc Boise, ID | $3,302,883 | $1,706,997 |