2024-08-21T08:56:49-05:00 2023-12-31 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2023-01-01 541968125 CENTER FOR REGIONAL ECONOMIC COMPETITIVENESS CENT 7035224980 1550 WILSON BLVD 600 ARLINGTON VA 22209 KENNETH POOLE PRESIDENT & CEO 7035224980 2024-08-15 1 1 JENNIFER R FILES CPA P01275752 5406623417 2024-07-31 2023 2024-08-08 14:25:15Z KENNETH POOLE 1550 WILSON BLVD 600 ARLINGTON VA 22209 5182427 0 X WWW.CREC.NET X 2000 VA TO FOSTER ECONOMIC DEVELOPMENT. 3 0 41 0 0 0 1270237 808275 3549772 4374152 0 0 0 0 4820009 5182427 0 0 0 0 3438195 3792790 0 0 0 2047961 1933498 5486156 5726288 -666147 -543861 3764563 2967965 2502043 2249306 1262520 718659 TO FOSTER ECONOMIC DEVELOPMENT. 0 0 4604561 4374152 PROVIDED TECHNICAL ASSISTANCE TO IMPLEMENT STRATEGIC DEVELOPMENT FOR REGIONAL COUNCILS OF GOVERNMENT AND COMMUNITIES. 4604561 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 41 1 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 X THE ORGANIZATION 7035224980 1550 WILSON BLVD 600 ARLINGTON VA 22209 KENNETH POOLE PRESIDENT & CEO 40.00 X X 254049 0 0 SEAN MCNAMARA EXECUTIVE VP/COO 40.00 X X 268425 0 0 EROL YILDIRIM SENIOR VP, NEW PRODUCTS 40.00 X 211036 0 0 ALLISON FORBES VICE PRESIDENT OF RESEARCH 40.00 X 163667 0 0 MARTIN ROMITTI SENIOR VP FOR RESEARCH AND 40.00 X 177956 0 0 ERMIAS GYESUS VICE PRESIDENT OF FINANCE 40.00 X 145610 0 0 PHILLIP GROFF VP, IT AND BUSINESS SOLUTI 40.00 X 155042 0 0 ROBERT ISAACSON SENIOR VICE PRESIDENT 40.00 X 184625 0 0 1560410 0 0 6 0 1 0 BUSINESS DEVELOPMENT ADVISORS 2610 N KEY BLVD ARLINGTON VA 22201 CONSULTING 118750 MICHAEL P GILROY 9372 SWAN LAKE DRIVE GRANITE BAY CA 95746 CONSULTING 111600 2 769119 39156 808275 OTHER PROGRAM REVENUE 541900 2736005 2736005 MANAGEMENT FEES 561499 1638147 1638147 4374152 5182427 4374152 0 0 X 522474 417979 104495 2680037 1967135 712902 80541 60411 20130 283797 212868 70929 225941 169472 56469 27230 20424 6806 1088639 1070206 18433 118387 95699 22688 7691 5769 1922 301652 226260 75392 164730 157590 7140 143382 143382 31936 23954 7982 11917 8939 2978 MISCELLANEOUS 37934 24473 13461 5726288 4604561 1121727 0 308503 490930 376974 778501 483442 91566 69309 161935 93391 94235 68544 2114784 1855740 3764563 2967965 303415 250408 19546 62677 2179082 1936221 2502043 2249306 X 696414 718659 566106 0 1262520 718659 3764563 2967965 -543861 0 X 0 1 X 0 1 1 X 908405 565651 2412340 1270237 808275 5964908 2079492 2224950 2272540 3549772 4374152 14500906 2987897 2790601 4684880 4820009 5182427 20465814 0 266949 1406698 1817088 3490735 266949 1406698 1817088 3490735 16975079 255 231 14 500 255 231 14 500 2236 2500 7006 11742 2990388 2793332 4691900 4820009 5182427 20478056 0.82890 0.90860 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72095 55567 16528 43978 13950 30028 45862 23874 21988 68544 SECURITY DEPOSIT 42162 RIGHT OF USE ASSET 1813578 1855740 LEASE LIABILITY 1936221 1936221 X 5182427 0 5182427 0 5182427 5726288 0 5726288 0 5726288 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CENTER AND RECOGNIZE AN ADJUSTMENT TO NET ASSETS IF THE CENTER HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS EVALUATED THE CENTER'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE AN ADJUSTMENT TO NET ASSETS OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X 0 0 0 0 0 0 0 0 0 SEAN MCNAMARA EXECUTIVE VP/COO 268425 0 0 0 0 0 0 0 0 0 268425 0 0 0 KENNETH POOLE PRESIDENT & CEO 254049 0 0 0 0 0 0 0 0 0 254049 0 0 0 EROL YILDIRIM SENIOR VP, NEW PRODUCTS 211036 0 0 0 0 0 0 0 0 0 211036 0 0 0 ROBERT ISAACSON SENIOR VICE PRESIDENT 184625 0 0 0 0 0 0 0 0 0 184625 0 0 0 MARTIN ROMITTI SENIOR VP FOR RESEARCH AND 177956 0 0 0 0 0 0 0 0 0 177956 0 0 0 ALLISON FORBES VICE PRESIDENT OF RESEARCH 163667 0 0 0 0 0 0 0 0 0 163667 0 0 0 PHILLIP GROFF VP, IT AND BUSINESS SOLUTI 155042 0 0 0 0 0 0 0 0 0 155042 0 0 0 FORM 990, PART VI, SECTION A, LINE 8A THE BOARD MEETS WEEKLY THROUGHOUT THE YEAR AND ALTHOUGH ITS MEETINGS ARE NOT DOCUMENTED, ANY ACTIONS OR ITEMS DISCUSSED ARE IMPLEMENTED BY THE CENTER IMMEDIATELY. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD MEETS WEEKLY THROUGHOUT THE YEAR AND ALTHOUGH ITS MEETINGS ARE NOT DOCUMENTED, ANY ACTIONS OR ITEMS DISCUSSED ARE IMPLEMENTED BY THE CENTER IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE TAX RETURN PRIOR TO ITS FILING. FORM 990, PART VI, SECTION C, LINE 19 THE CENTER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,070,206. MANAGEMENT AND GENERAL EXPENSES 18,433. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,088,639.