EIN 91-1040355

Economic Development Board for Tacoma Pierce County (EDB)

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Year formed
1978
Most recent tax filings
2022-12-01
NTEE code, primary
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
$855,027
2022
Total expenses
$1,489,215
2022
Total assets
$3,711,110
2022
Num. employees
5
2022

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.

Who funds Economic Development Board for Tacoma Pierce County (EDB)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Sound Credit UnionAnnual Meeting Sponsor$6,000

Personnel at EDB

NameTitleCompensation
Bruce KendallPresident and Chief Executive Officer$291,753
Rachel AskewFounder and Senior Partner of Strategy and Innovation, Next
Madalain MertonVice President of Business Retention / Vice President - Retention and Expansion$136,428
Maddie MertonVice President, Business Retention and Expansion
Sarah BondsVice President for Business Recruitment$137,285
...and 9 more key personnel

Financials for EDB

RevenuesFYE 12/2022
Total grants, contributions, etc.$731,669
Program services$121,541
Investment income and dividends$1,817
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$855,027

Form 990s for EDB

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
2018-122020-02-03990View PDF
...and 9 more Form 990s
Data update history
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
July 5, 2023
Updated personnel
Identified 7 new personnel
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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