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EIN 91-1040355

Economic Development Board for Tacoma Pierce County (EDB)

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Tacoma
State
Washington
Year formed
1978
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
The Economic Development Board for Tacoma Pierce County has a two-prong mission: retention of existing primary businesses and recruitment of new primary businesses in Tacoma-Pierce County.
Total revenues
$2,720,128
2023
Total expenses
$3,338,861
2023
Total assets
$3,017,496
2023
Num. employees
5
2023

Program areas at EDB

The Economic Development Board for tacoma-pierce County (edb) is funded and guided by leaders from the private and public sectors, the investors. Currently, more then 91 investors have committed the resources that enable the edb to deliver cutting edge services to primary businesses looking to create jobs in tacoma-pierce County, Washington state, usa. The bottom line is facilitating primary jobs and wealth creation. As a private not-for-profit corporation, the edb bridges the gap between business and government that is often critical to large and small scale Economic Development projects. Edb has the expertise, connections, and the tools to get the job done.

Personnel at EDB

NameTitleCompensation
Michael CatsiPresident and Chief Executive Officer
Rachel AskewFounder and Senior Partner of Strategy and Innovation, Next
Madalain MertonVice President of Business Retention / Vice President - Retention and Expansion$136,428
Sarah BondsVice President for Business Recruitment$137,285
Tamsin BellVice President of Business Development$107,566
...and 6 more key personnel

Financials for EDB

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,585,632
Program services$122,577
Investment income and dividends$11,919
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$2,720,128

Form 990s for EDB

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s
Data update history
November 20, 2024
Updated personnel
Identified 16 new personnel
January 22, 2024
Updated personnel
Identified 4 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $6,000 from Sound Credit Union
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local level
General information
Address
PO Box 1555
Tacoma, WA 98401
Metro area
Seattle-Tacoma-Bellevue, WA
County
Pierce County, WA
Website URL
choosetacomapierce.org/ 
Phone
(253) 383-4726
Facebook page
Economic-Development-Board-for-Tacoma-Pierce-County 
Twitter profile
@edbtacomapierce 
IRS details
EIN
91-1040355
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1978
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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