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Nonprofit · EIN 27-1296827

WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL

Tax-exempt · JOHNSON CITY, TN 37601

Financials

$1.5M$1.2M2022$440K$408K2023$294K$201K2024
Revenue Expenses · by fiscal year end
Financials of WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$294,102$201,437$92,665$603,242$7,203$596,039
June 30, 2024990$439,720$407,805$31,915$505,026$1,652$503,374
June 30, 2023990$1,506,303$1,156,710$349,593$1,509,626$1,038,167$471,459
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$278,000
of which government grants
$53,000
Program service revenue
$0
Investment income
$12,302
Other revenue
$3,800

Expenses

Grants and similar amounts paid
$53,151
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,427
Accounting fees
$13,830

Balance sheet and other

Total assets, start of year
$505,026
Total assets, end of year
$603,242
Total liabilities, end of year
$7,203
Net assets, end of year
$596,039
Land, buildings and equipment
$77,000
Net assets without donor restrictions
$596,039
Gross receipts
$294,102
Employees
0
Volunteers
0
Year formed
2009
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN ABE TEAGUEDIRECTOR
Trustee or director
1$0
JOE GRANDYCHAIR
Trustee or director, Officer
1$0
LOTTIE RYANSDIRECTOR
Trustee or director
1$0
GLENN BERRYDIRECTOR
Trustee or director
1$0
ALICIA SUMMERSEXECUTIVE DIRECTOR
Trustee or director, Officer
1$0
JENNY BROCKDIRECTOR
Trustee or director
1$0
STEVE BARNETTDIRECTOR
Trustee or director
1$0
JOHN SPEROPULOSDIRECTOR
Trustee or director
1$0
CHUCK VESTVICE CHAIR
Trustee or director, Officer
1$0
CATHY BALLSECRETARY/TREASURER
Trustee or director, Officer
1$0
GREG MATHERLYDIRECTOR
Trustee or director
1$0
FREDDIE MALONEDIRECTOR
Trustee or director
1$0
STEVE DARDENDIRECTOR
Trustee or director
1$0
JEFF DYKESDIRECTOR
Trustee or director
1$0
JOHN HUNTERDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
JOHN ABE TEAGUEDIRECTOR
Trustee or director
1$0
JOE GRANDYVICE PRESIDENT
Trustee or director, Officer
1$0
LOTTIE RYANSDIRECTOR
Trustee or director
1$0
GLEN BERRYDIRECTOR
Trustee or director
1$0
ALICIA SUMMERSEXECUTIVE DIRECTOR
Trustee or director
1$0
JENNY BROCKDIRECTOR
Trustee or director
1$0
STEVE BARNETTDIRECTOR
Trustee or director
1$0
JOHN SPEROPULOSDIRECTOR
Trustee or director
1$0
CHUCK VESTSECRETARY/TREASURER
Trustee or director, Officer
1$0
CATHY BALLPRESIDENT
Trustee or director, Officer
1$0
TODD FOWLERDIRECTOR
Trustee or director
1$0
GREG MATHERLYDIRECTOR
Trustee or director
1$0
FREDDIE MALONEDIRECTOR
Trustee or director
1$0
STEVE DARDENDIRECTOR
Trustee or director
1$0
JEFF DYKESDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensation
JOHN ABE TEAGUEDIRECTOR
Trustee or director
1$0
JOE GRANDYVICE PRESIDENT
Trustee or director, Officer
1$0
LOTTIE RYANSDIRECTOR
Trustee or director
1$0
GLEN BERRYDIRECTOR
Trustee or director
1$0
LARRY MULLINSDIRECTOR
Trustee or director
1$0
JENNY BROCKDIRECTOR
Trustee or director
1$0
STEVE BARNETTDIRECTOR
Trustee or director
1$0
JOHN SPEROPULOSDIRECTOR
Trustee or director
1$0
CHUCK VESTSECRETARY/TREASURER
Trustee or director, Officer
1$0
CATHY BALLPRESIDENT
Trustee or director, Officer
1$0
TODD FOWLERDIRECTOR
Trustee or director
1$0
JOSH EDENSDIRECTOR
Trustee or director
1$0
MARTY JOHNSONDIRECTOR
Trustee or director
1$0
STEVE DARDENDIRECTOR
Trustee or director
1$0
JEFF DYKESDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
300 E MAIN ST STE 406, JOHNSON CITY, TN 37601-5708
In care of
% CITY OF JOHNSON CITY TENNESSEE GE
Principal officer (990 for 2024)
JOE GRANDY, 300 EAST MAIN STREETSUITE 406, JOHNSON CITY, TN 37601
Signed the 990
JOE GRANDY, CHAIR
Phone
(423) 202-3510
Return prepared by
BLACKBURN CHILDERS & STEAGALL PLC

Mission

TO ENHANCE JOB GROWTH AND INCREASE THE TAX BASE OF WASHINGTON COUNTY BY ENGAGING THE COMMUNITY AND BUSINESS LEADERS THROUGH NURTURING EXISTING BUSINESSES AND ACTIVELY RECRUITING NEW INDUSTRIES AND COMMERCE.

990 for the year ended June 30, 2025

Program accomplishments

  • ECONOMIC DEVELOPMENT: TO SEEK APPROPRIATE PROPERTIES AVAILABLE IN THE AREA FOR INTERESTED BUSINESSES; FACILITATE THE DEVELOPMENT OF INDUSTRIAL PARKS; FACILITATE THE RESEARCH AND STUDIES FOR THE EXPANSION OF CURRENT UTILITY SERVICES; AND PROVIDE SUPPORT SERVICES FOR CURRENT EXISTING BUSINESSES IN THE AREA.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-1296827
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$603,242
Income (IRS master file)
$294,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$294,102$201,437$603,242XML
990June 2024$439,720$407,805$505,026IRS
990June 2023$1,506,303$1,156,710$1,509,626XML
990June 2022$1,275,965$1,271,147$121,866IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1296827).

Questions about WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL

What is the EIN of WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL?
The employer identification number (EIN) of WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL is 27-1296827.
Is WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2012.
Are donations to WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL?
The 990 for the year ended June 30, 2025 names JOE GRANDY.
Who are the officers and directors of WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL?
The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does WASHINGTON COUNTY ECONOMIC DEVELOMPENT COUNCIL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $294,102, expenses of $201,437 and total assets of $603,242 at year end.

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