EIN 94-3206648

Economic Alliance of Lincoln County

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Newport
State
Year formed
1995
Most recent tax filings
2024-06-01
NTEE code, primary
Description
Lincoln County EDC facilitates business creation, growth and retention. Supports ocean-related technology hub strategy for Newport. Offers strategic planning and grant review services.
Also known as...
Lincoln County Economic Development Corporation
Total revenues
$262,084
2024
Total expenses
$544,865
2024
Total assets
$692,436
2024
Num. employees
4
2024

Program areas at Economic Alliance of Lincoln County

Strategic planning: the Economic Development Alliance of Lincoln County was created in 1994 and charged with making a road map for Economic Development in the County. Consequently, we consult with Economic Development leaders in the community to set and update the goals of the County, and participate in regional and statewide goal setting such as the ceds and Oregon business plan.
Source of information to the public: we provide information to prospective business owners, current owners/managers, and the public on the business climate. We maintain a list of develop able properties and assist in marketing as needed.
Community and Economic Development grant review: the board of directors serves as the review committee for the Lincoln County community and Economic Development grant fund. The Alliance board reports to the board of commissioners and delivers its recommendations. The criteria are updated and refined periodically and executive director caroline bauman holds train ing seminars for grant applicants to assist in their success.
4.yaquina bay ocean observing initiative: we support an Economic Development strategy to make newport a hub for all ocean related science and technology in the pacific northwest. There is now increasing scientific and Economic activity in our region. In addition to the marine studies cam pus soon to be underway, ocean observing, marine education, and boat building continue to be strengths. 5.enterprise zone management: we provide information for qualifying companies (certain industries) to take advantage of this tax incentive offered by the state of Oregon. Qualified applications are submitted and reviewed locally. 6.active partnerships: the edalc is an active partner with chambers, small business Development, and the yaquina bay Economic foundation. With usda support, we are focusing on marine related industry in our County to create an industry cluster of supportive Economic activity for seafood products, scientific research, and renewable energy. We are serving entrepreneurs and local startups, through working with rain (regional accelerator and innovation network to provide support for them.

Grants made by Economic Alliance of Lincoln County

GranteeGrant descriptionAmount
Oregon Coast Visitors AssociationHigh School Program$54,140
Central Coast Food WebSeafood Program$14,826

Financials for Economic Alliance of Lincoln County

RevenuesFYE 06/2024
Total grants, contributions, etc.$245,387
Program services$16,471
Investment income and dividends$226
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$262,084
Data update history
July 9, 2025
Posted financials
Added Form 990 for fiscal year 2024
July 8, 2025
Updated personnel
Identified 1 new personnel
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelReceives government fundingManagement and technical assistance
General information
Address
PO Box 716
Newport, OR 97365
County
Lincoln County, OR
IRS details
EIN
94-3206648
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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