2022-11-14T18:18:36-06:00 2021-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2021-01-01 520887806 INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL INTE 2022234735 1275 K STREET NW WASHINGTON DC 20005 NATHAN OHLE PRESIDENT & CEO 2022234735 2022-11-14 1 NATHAN OHLE 999009999 KRISTIN A JACQUELIN CPA P01325865 2023319880 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z NATHAN OHLE 1275 K STREET NW WASHINGTON DC 20005 8276707 0 X WWW.IEDCONLINE.ORG X 2001 WI EDC WORKS TO HELP ECONOMIC DEVELOPERS DO THEIR JOBS MORE EFFECTIVELY, AND TO RAISE THE PROFILE OF THE PROFESSION. IF WE SUCCEED, OUR MEMBERS CREATE MORE HIGH-QUALITY JOBS, DEVELOP MORE VIBRANT COMMUNITIES, AND GENERALLY IMPROVE THE QUALITY OF LIFE IN THEIR REGIONS. TO THAT END, WE PROVIDE INFORMATION ON TRENDS AND BEST PRACTICES, NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT COURSES AND NUMEROUS OTHER SERVICES. 60 59 44 100 191700 160787 1088338 1170710 6119074 6548593 51078 44094 0 513310 7258490 8276707 0 0 0 0 3885372 3985819 0 0 0 2796344 3962379 6681716 7948198 576774 328509 7664446 9406621 3034725 4448391 4629721 4958230 X IEDC WORKS TO HELP ECONOMIC DEVELOPERS DO THEIR JOBS MORE EFFECTIVELY, AND TO RAISE THE PROFILE OF THE PROFESSION. IF WE SUCCEED, OUR MEMBERS CREATE MORE HIGH-QUALITY JOBS, DEVELOP MORE VIBRANT COMMUNITIES, AND GENERALLY IMPROVE THE QUALITY OF LIFE IN THEIR REGIONS. TO THAT END, WE PROVIDE INFORMATION ON TRENDS AND BEST PRACTICES, NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT COURSES AND NUMEROUS OTHER SERVICES. 0 0 4086095 6356893 THE IEDC ADVISORY SERVICES AND RESEARCH (ASR) DEPARTMENT WORKED TO IMPROVE ECONOMIC OPPORTUNITIES FOR COMMUNITIES AND REGIONS PROVIDED TECHNICAL ASSISTANCE AND CUSTOMIZED ANALYSIS THAT HELPED CREATED SUSTAINABLE ECONOMIC DEVELOPMENT SOLUTIONS. WE KEPT ECONOMIC DEVELOPMENT PROFESSIONALS INFORMED ON ISSUES AND TRENDS IN THE FIELD THROUGH RESEARCH, PUBLICATIONS AND INFORMATION DISSEMINATION. 4086095 1 1 0 0 0 0 0 0 0 0 1 1 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 49 0 1 44 1 1 1 0 0 0 0 0 0 0 0 0 X 60 59 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 WI OH X THE ORGANIZATION 2022234735 1275 K STREET NW WASHINGTON DC 20005 TOM KUCHARSKI BOARD CHAIR 25.00 X X 0 0 0 TODD GREENE BOARD VICE CHAIR 20.00 X X 0 0 0 JONAS PETERSON BOARD SECRETARY/ TREASURER 20.00 X X 0 0 0 SCOTT MARTINEZ CHAIR, PERFORMANCE OVERSIGHT 15.00 X X 0 0 0 KENNY MCDONALD IMMEDIATE PAST BOARD CHAIR 15.00 X X 0 0 0 MARVA BRYAN DIRECTOR 15.00 X 0 0 0 JUAN PABLO ALCANTAR DIRECTOR 15.00 X 0 0 0 BETH BOWMAN DIRECTOR 15.00 X 0 0 0 CHRIS CAMACHO DIRECTOR 10.00 X 0 0 0 DANIELLE CASEY DIRECTOR 10.00 X 0 0 0 MICHAEL CATSI DIRECTOR 10.00 X 0 0 0 BARBRA COFFEE DIRECTOR 10.00 X 0 0 0 JIM COLLARD DIRECTOR 15.00 X 0 0 0 RODNEY CRIM DIRECTOR 10.00 X 0 0 0 WILLIAM CRONIN DIRECTOR 10.00 X 0 0 0 JULIE CURTIN DIRECTOR 10.00 X 0 0 0 BRYAN DANIELS DIRECTOR 10.00 X 0 0 0 HALDANE DAVIES DIRECTOR 10.00 X 0 0 0 LINDA DIMARIO DIRECTOR 10.00 X 0 0 0 DENNIS FRAISE DIRECTOR 10.00 X 0 0 0 LARA FRITTS DIRECTOR 10.00 X 0 0 0 GYNII GILLIAM DIRECTOR 10.00 X 0 0 0 TRISH HEIDENREICH DIRECTOR 10.00 X 0 0 0 CLYDE HIGGS DIRECTOR 10.00 X 0 0 0 GREGORY HITCHIN DIRECTOR 10.00 X 0 0 0 MIGNONNE HOLLIS DIRECTOR 10.00 X 0 0 0 MOLLY HOWEY DIRECTOR 10.00 X 0 0 0 EIAN JOHNSON DIRECTOR 10.00 X 0 0 0 SEONAH KENDALL DIRECTOR 10.00 X 0 0 0 LINDSEY KIMBALL DIRECTOR 10.00 X 0 0 0 RONALD KITCHENS DIRECTOR 10.00 X 0 0 0 ELOISA KLEMENTICH CHAIR, PLANNING AND BUSINESS DEVELOPMENT 15.00 X X 0 0 0 CHRIS KNIGHT DIRECTOR 10.00 X 0 0 0 MAUREEN KRAUSS DIRECTOR 10.00 X 0 0 0 THOMAS KUCHARSKI DIRECTOR 10.00 X 0 0 0 BARB LAMUE DIRECTOR 10.00 X 0 0 0 ALLISON LARSEN DIRECTOR 10.00 X 0 0 0 TODD LARSON DIRECTOR 10.00 X 0 0 0 DAVID LEEZER DIRECTOR 10.00 X 0 0 0 PENNY LEWANDOWSKI DIRECTOR 10.00 X 0 0 0 AMY CASE-MADISON DIRECTOR 10.00 X 0 0 0 SCOTT MARTINEZ DIRECTOR 10.00 X 0 0 0 HEATHER MCDANIEL DIRECTOR 10.00 X 0 0 0 KENNY MCDONALD DIRECTOR 10.00 X 0 0 0 QUENTIN MESSER DIRECTOR 10.00 X 0 0 0 ANN MARIE MILLER DIRECTOR 10.00 X 0 0 0 BETHANY MILLER DIRECTOR 10.00 X 0 0 0 RODRICK MILLER DIRECTOR 10.00 X 0 0 0 MARY ANN MOON CHAIR, EXTERNAL MEMBER RELATIONS 10.00 X 0 0 0 JONATHAN MORGAN DIRECTOR 10.00 X 0 0 0 MIKE NEAL DIRECTOR 10.00 X 0 0 0 TRACEY NICHOLS DIRECTOR 10.00 X 0 0 0 JONAS PETERSON DIRECTOR 10.00 X 0 0 0 SUZI PEGG DIRECTOR 10.00 X 0 0 0 DON PIERSON DIRECTOR 10.00 X 0 0 0 COURTNEY POGUE DIRECTOR 10.00 X 0 0 0 LYNEIR RICHARDSON DIRECTOR 10.00 X 0 0 0 GILBERTO SALINAS DIRECTOR 10.00 X 0 0 0 DAN SILVERMAN DIRECTOR 10.00 X 0 0 0 JEFFREY FINKLE PRESIDENT & CEO 40.00 X X 425221 0 78699 SHARON COY VP OF FINANCE AND CFO 40.00 X 165278 0 34118 JUANITA CLOGSTON VP OF KMD 40.00 X 164331 0 12449 PHILIP GOODWIN VP OF MEMBER RELATIONS 40.00 X 133789 0 22750 MATTHEW MULLIN VP OF POLICY & COMMUNICATI 40.00 X 137172 0 25037 1025791 0 173053 5 0 1 0 THE CHOICE 1767 P STREET NW WHASHINTON DC 20036 TEMP AGENCY 222616 PHILANTHROPY DYNAMICS LLC FESSENDEN STREET NW WHASHINTON DC 20008 CONSULTANT 219645 QUENTIN R LIDE 4710 STRATHMORE AVENUE KENSINGTON MD 20895 CONSULTANT 217470 NOURICK & ASSOCIATES LLC 13380 NW 11TH LANE FT LAUDERDALE FL 33323 CONSULTANT 213325 4 667465 503245 1170710 CONFERENCE 900099 2340017 2340017 EDUCATION/CERTIFICATIO 900099 1408036 1408036 MEMBER DUES 900099 1362158 1362158 ADVISORY SERVICES 900099 1246682 1246682 EMPLOYMENT SERVICES 561300 191700 191700 6548593 44094 44094 GAIN FROM EARLY TERMIN 900099 513310 513310 513310 8276707 6356893 191700 557404 X 703316 75588 627728 2356012 1186349 1169663 299817 123671 176146 426624 175977 250647 200050 82518 117532 37251 37251 1666336 1452265 214071 26872 24562 2310 459758 154190 305568 51976 51976 248474 248474 55626 40697 14929 669795 642069 27726 236526 236526 41229 41229 BANK CHARGES 234262 234262 DESIGN 73622 73622 BAD DEBT EXPENSE 68294 68294 DUES AND SUBSCRIPTIONS 55607 40565 15042 36751 14022 22729 7948198 4086095 3862103 0 1147264 2398474 799910 330660 1932942 1057083 27446 46572 374162 450141 1133001 850778 252963 282223 2559277 3160963 555844 667488 14638 1013017 7664446 9406621 485413 709478 1684580 1755080 864732 1983833 3034725 4448391 X 4507407 4332671 122314 625559 4629721 4958230 7664446 9406621 328509 0 X X 0 1 X 1 0 X 2215632 2150441 864726 1087988 1170710 7489497 3967706 3896954 5268826 6010368 6548593 25692447 6183338 6047395 6133552 7098356 7719303 33181944 0 0 0 33181944 42728 44417 66665 51078 44094 248982 42728 44417 66665 51078 44094 248982 133031 109918 152805 108706 191700 696160 6359097 6201730 6353022 7258140 7955097 34127086 0.97230 0.97290 0.00730 0.00750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1133001 850778 282223 282223 DEFERRED COMPENSATION INVESTMENT 667488 C 667488 SECURITY DEPOSITS 22321 RIGHT OF USE ASSET 990696 1013017 DEFERRED COMPENSATION LIABILITY 667488 LEASE LIABILITY 1316345 1983833 X 8368943 92236 92236 8276707 0 8276707 8040434 92236 92236 7948198 0 7948198 PART X, LINE 2: THE COUNCIL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE COUNCIL'S TAX POSITIONS AND HAS CONCLUDED THAT THE COUNCIL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE COUNCIL WOULD BE LIABLE FOR INCOME TAXES IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE COUNCIL IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONTRIBUTION FROM PPP LOAN 1 X X X X X 0 0 0 0 0 0 0 0 0 JEFFREY FINKLE PRESIDENT & CEO 425221 0 0 0 0 0 40004 0 38695 0 503920 0 0 0 SHARON COY VP OF FINANCE AND CFO 155897 0 9381 0 0 0 18087 0 16031 0 199396 0 0 0 JUANITA CLOGSTON VP OF KMD 156415 0 7916 0 0 0 12449 0 0 0 176780 0 0 0 MATTHEW MULLIN VP OF POLICY & COMMUNICATI 131293 0 5879 0 0 0 15733 0 9304 0 162209 0 0 0 PHILIP GOODWIN VP OF MEMBER RELATIONS 130005 0 3784 0 0 0 15255 0 7495 0 156539 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDED A COPY OF THE FORM 990 TO ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C IEDC WILL PERIODICALLY REQUIRE EACH BOARD MEMBER TO COMPLETE A CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD'S COMPENSATION COMMITTEE REVIEWS THE EMPLOYMENT AGREEMENT AND COMPENSATION ANNUALLY. THEY ARE COMPARED AGAINST OTHER NON-PROFITS WITH COMPARABLE SIZE. IEDC HAD AN ORGANIZATIONAL COMPENSATION STUDY COMPLETED BY QUATT ASSOCIATES DURING 2016. STAFF SALARIES WERE ADJUSTED TO THE MEDIAN SALARY FOR ALL POSITIONS ON THE ANNIVERSARY DATE OF EACH EMPLOYEE'S LAST SALARY INCREASE IN 2017. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE CFO. THE CONFLICT OF INTEREST INFORMATION CAN BE REQUESTED FROM THE PRESIDENT & CEO. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 1,452,265. MANAGEMENT AND GENERAL EXPENSES 214,071. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,666,336. FORM 990, PART XII, LINE 2C IEDC'S AUDIT COMMITTEE IS COMPRISED OF 3 BOARD MEMBERS WHO HAVE OVERSIGHT OF THE AUDIT PROCESS. THE ORGANIZATION'S AUDITOR SENDS CORRESPONDENCE DIRECTLY TO THESE INDIVIDUALS INCLUDING REVIEW OF THE AUDIT REPORT AND WRITTEN COMMUNICATIONS.