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Nonprofit · EIN 91-1724682

ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION

Tax-exempt · MOUNT VERNON, WA 98273

Financials

$1.3M$1.3M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,245,037$1,221,194$23,843$1,057,768$420,348$637,420
December 31, 2023990$1,274,475$1,310,566-$36,091$1,060,049$446,472$613,577
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$457,650
of which government grants
$138,103
Program service revenue
$761,363
Investment income
$17,397
Net income from fundraising events
-$1,079
Other revenue
$8,627

Expenses

Grants and similar amounts paid
$6,685
Compensation of officers, directors and key employees
$366,936
Other salaries and wages
$335,264
Salaries, compensation and benefits (total)
$822,080
Professional fundraising fees
$22,400
Accounting fees
$12,706
Occupancy
$58,484
Travel
$21,570
Depreciation
$2,776
Program services (functional)
$912,712
Management and general (functional)
$214,883
Fundraising (functional)
$93,599

Balance sheet and other

Total assets, start of year
$1,060,049
Total assets, end of year
$1,057,768
Total liabilities, end of year
$420,348
Net assets, end of year
$637,420
Land, buildings and equipment
$8,514
Net assets without donor restrictions
$615,428
Net assets with donor restrictions
$21,992
Gross receipts
$1,250,566
Employees
9
Volunteers
83
Year formed
1996
State of legal domicile
WA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
John SternlichtCEO
Officer
40$212,548$24,377
Audra RamermanDirector, Finance & Admin.
Officer
40$104,542$25,469
Amelia CookChair
Trustee or director, Officer
1$0$0
Nikki WegnerVice Chair
Trustee or director, Officer
1$0$0
Christopher JohnstonPast Chair
Trustee or director, Officer
1$0$0
Nathan WolfeSecretary
Trustee or director, Officer
1$0$0
Matt RoetcisoenderTreasurer
Trustee or director, Officer
1$0$0
JJ WilburMember
Trustee or director
1$0$0
Elizabeth StoutMember
Trustee or director
1$0$0
Amy HongMember
Trustee or director
1$0$0
Margaret RojasMember
Trustee or director
1$0$0
Viry DelgadoMember
Trustee or director
1$0$0
Dr Paul PitreMember
Trustee or director
1$0$0
Ryan SakumaMember
Trustee or director
1$0$0
Mandi RothmanMember
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
Steve LangMember
Trustee or director
1$0
Rod CannMember
Trustee or director
1$0
Brian GentryMember
Trustee or director
1$0
Brett GreenwoodEx Officio
Trustee or director
1$0
Peter BrowningEx Officio
Trustee or director
1$0
Sara YoungEx Officio
Trustee or director
1$0
Kristen KeltzEx Officio
Trustee or director
1$0
Peter DonovanEx Officio
Trustee or director
1$0
Dr Chris VillaEx Officio
Trustee or director
1$0
Matthew PaxtonOf-Council
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
John SternlichtCEO
Officer
40$180,701$24,424
Audra RamermanDirector of Finance & Admi
Officer
40$99,369$21,951
Christopher JohnstonChair
Trustee or director, Officer
1$0$0
Nate WolfeSecretary
Trustee or director, Officer
1$0$0
Matthew RoetciscoenderTreasurer
Trustee or director, Officer
1$0$0
Matt PaxtonOf Counsel
Trustee or director
1$0$0
Amelia CookMember
Trustee or director
1$0$0
Amy HongMember
Trustee or director
1$0$0
Brian GentryMember
Trustee or director
1$0$0
Dan WorraMember
Trustee or director
1$0$0
Dr Chris VillaMember
Trustee or director
1$0$0
Elizabeth StoutMember
Trustee or director
1$0$0
Jake BuganskiMember
Trustee or director
1$0$0
Jeremny JJ WilburMember
Trustee or director
1$0$0
Margaret RojasMember
Trustee or director
1$0$0
Mandi RothmanMember
Trustee or director
1$0$0
Nikki WegnerMember
Trustee or director
1$0$0
Paul PitreMember
Trustee or director
1$0$0
Peter BrowningMember
Trustee or director
1$0$0
Rod CannMember
Trustee or director
1$0$0
Ryan SakumaMember
Trustee or director
1$0$0
Sara YoungMember
Trustee or director
1$0$0
Steve LangMember
Trustee or director
1$0$0
Steve SextonMember
Trustee or director
1$0$0
Viry DelgadoMember
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1932 E COLLEGE WAY STE B, MOUNT VERNON, WA 98273-2300
In care of
% EDASC
Principal officer (990 for 2024)
John Sternlicht, 1932 E College Way B, Mount Vernon, WA 98273
Signed the 990
John Sternlicht, CEO
Phone
(360) 336-6114
Return prepared by
WERSEN NONPROFIT CPAS LLC

Mission

To promote a growing and balanced economy for Skagit County, WA.

990 for the year ended December 31, 2024

Program accomplishments

  • The Economic Development Alliance of Skagit County (EDASC) carries out business attraction, retention and expansion and collaborative engagement to achieve a prosperous, sustainable, and equitable community while maintaining Skagit County's natural beauty and quality of life. EDASC supports existing Skagit companies, and works with prospective companies on site location, workforce training, identifying resources, accessing capital, permitting, research, and other forms of assistance. EDASC initiatives create and support a favorable business climate with strategies that focus on improving assets and amenities within Skagit County. EDASC convenes and connects stakeholders to work on improving local assets on critical issues such as workforce, housing, childcare, and power supply.
    Expenses $598,074 · revenue $438,127
  • Leadership Skagit, in partnership with Skagit Valley College, is a 9-month experiential learning course, developing leadership skills in nearly 600 community members over the past 20+ years. Participants gain a deeper insight into the region and learn concepts and techniques for effective leadership. All programming is delivered through a lens of equity and sustainability. Graduates are shaping Skagit County as leaders of non-profits, businesses, and governmental bodies.
    Expenses $95,162 · grants $6,685 · revenue $90,736
  • EDASC works to catalyze grass-roots economic development and foster an inclusive entrepreneurial ecosystem by reducing barriers to entrepreneurship and innovation for all Skagit residents with particular emphasis on under-represented populations and communities. EDASC aims to ensure that entrepreneurs and business owners from across Skagit County have access to resources to create more equitable opportunities, build new generational wealth, and improve quality of life. EDASC works to make Skagit County more prosperous, diversified, and sustainable by removing barriers to success.
    Expenses $219,476 · revenue $232,500

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1724682
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B61Z)
Assets (IRS master file)
$1,057,768
Income (IRS master file)
$1,250,566

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,245,037$1,221,194$1,057,768XML
990December 2023$1,274,475$1,310,566$1,060,049XML
990December 2022$924,732$822,732$1,097,473IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 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 91-1724682).

Questions about ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION

What is the EIN of ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION?
The employer identification number (EIN) of ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION is 91-1724682.
Is ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION 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 ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION?
The 990 for the year ended December 31, 2024 names John Sternlicht.
Who are the officers and directors of ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 25 people; 2 received compensation from the organization, the highest $212,548 (John Sternlicht, CEO).
How much revenue does ECONOMIC DEVELOPMENT ALLIANCE OF SKAGIT COUNTY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,245,037, expenses of $1,221,194 and total assets of $1,057,768 at year end.

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