2019-11-14T13:04:45-06:00 2018-12-31 470900880 CALIBRE CPA GROUP PLLC 7501 WISCONSIN AVENUE SUITE 1200 WEST BETHESDA MD 20814 990 2018-01-01 520887806 INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL INTE 2022234735 734 15TH STREET NW NO 900 WASHINGTON DC 20005 SHARON COY VP OF FINANCE & CFO 2022234735 2019-11-14 1 SCOTT E HALLBERG CPA P01081188 2023319880 38.100.43.98 2019-11-14 14:03:08 ES P 099BB351ED5C43DB8E4A0DD96B056B1430213725 AAC600C6407F438ED9881BB94AB08BDC6703F2AD 2018 2020-03-31 21:24:44Z JEFFERY A FINKLE 734 15TH STREET NW NO 900 WASHINGTON DC 20005 6217062 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. 56 55 39 100 125250 106087 2215632 2150441 4100737 4022204 42728 44417 0 0 6359097 6217062 0 0 0 0 3246026 3141658 0 0 0 3150361 3125404 6396387 6267062 -37290 -50000 6007295 6036781 2349072 2428558 3658223 3608223 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 3345563 3896954 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. 3345563 1 1 0 0 0 0 0 0 0 0 1 1 0 0 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 57 0 1 39 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 56 55 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 WI OH X SHARON COY 2022234735 734 15TH STREET NW NO 900 WASHINGTON DC 20005 CRAIG RICHARD BOARD CHAIR 25.00 X X 0 0 0 TRACYE MCDANIEL BOARD VICE CHAIR 20.00 X X 0 0 0 KENNY MCDONALD BOARD SECRETARY/ TREASURER 15.00 X X 0 0 0 JONAS PETERSON CHAIR, PLANNING AND BUSINE 15.00 X X 0 0 0 TOM KUCHARSKI CHAIR, EXTERNAL MEMBER REL 15.00 X X 0 0 0 AMY CLICKNER CHAIR, PERFORMANCE OVERSIG 15.00 X X 0 0 0 MICHAEL LANGLEY IMMEDIATE PAST BOARD CHAIR 15.00 X X 0 0 0 DARRELL AUTERSON DIRECTOR 10.00 X 0 0 0 DAVID BERZINA DIRECTOR 10.00 X 0 0 0 MARVA BRYAN DIRECTOR 10.00 X 0 0 0 CHRIS CAMACHO DIRECTOR 10.00 X 0 0 0 ROB CAMOIN 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 BARBARA COFFEE DIRECTOR 10.00 X 0 0 0 JIM COLLARD DIRECTOR 10.00 X 0 0 0 RODNEY CRIM DIRECTOR 10.00 X 0 0 0 CALANDRA CRUICKSHANK DIRECTOR 10.00 X 0 0 0 BRYAN DANIELS DIRECTOR 10.00 X 0 0 0 LINDA DIMARIO DIRECTOR 10.00 X 0 0 0 KRISTEN FISH 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 CECELIA HARRY DIRECTOR 10.00 X 0 0 0 GREGORY HITCHIN DIRECTOR 10.00 X 0 0 0 MOLLY HOWEY DIRECTOR 10.00 X 0 0 0 CLARENCE HULSE DIRECTOR 10.00 X 0 0 0 JEFFREY KACZMARIC DIRECTOR 10.00 X 0 0 0 SEONAH KENDALL DIRECTOR 10.00 X 0 0 0 ELOISA KLEMENTICH DIRECTOR 10.00 X 0 0 0 HEATHER LALONDE DIRECTOR 10.00 X 0 0 0 ALLISON LARESEN DIRECTOR 10.00 X 0 0 0 CAROL LAUFFER DIRECTOR 10.00 X 0 0 0 ANDY LEVINE DIRECTOR 10.00 X 0 0 0 PENNY LEWANDOWSKI DIRECTOR 10.00 X 0 0 0 REGINA LINDSEY DIRECTOR 10.00 X 0 0 0 JEFFREY MALEHORN DIRECTOR 10.00 X 0 0 0 SCOTT MARTINEZ DIRECTOR 10.00 X 0 0 0 BRIAN MCGOWAN 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 DIRECTOR 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 MARL O'CONNELL DIRECTOR 10.00 X 0 0 0 DIANE PALMINTERA DIRECTOR 10.00 X 0 0 0 SUZI PEGG DIRECTOR 10.00 X 0 0 0 LYNEIR RICHARDSON DIRECTOR 10.00 X 0 0 0 JAN ROGERS DIRECTOR 10.00 X 0 0 0 GILBERTO SALINAS DIRECTOR 10.00 X 0 0 0 JOHN STERNLICHT DIRECTOR 10.00 X 0 0 0 MICHAEL TAYLOR DIRECTOR 10.00 X 0 0 0 MARTY VANAGS DIRECTOR 10.00 X 0 0 0 BEN WRIGHT DIRECTOR 10.00 X 0 0 0 JEFF FINKLE PRESIDENT & CEO 40.00 X X 387558 0 73696 SHARON COY VP OF FINANCE AND CFO 40.00 X 157616 0 16795 JESSICA HAMMOND CAO-FORMER 40.00 X 19577 0 15355 LYNN KNIGHT VP OF KMD 40.00 X 152862 0 12536 PHILIP GOODWIN VP OF MEMBER RELATIONS 40.00 X 111547 0 12306 MATHEW MULLIN VP OF POLICY & COMMUNICATIONS 40.00 X 118411 0 11585 JASON CHRISTIAN SR DIRECTOR INFORMATION TECHNOLOGY/WEB 40.00 X 102471 0 11527 1050042 0 153800 6 0 1 0 SHARI NOURICK 13380 NW 11TH LANE FT LAUDERDALE FL 33323 CONSULTANT 218663 THE CHOICE INC 1767 P STREET NW FIRST FLOOR WASHINGTON DC 20036 TEMP AGENCY 201587 2 1491985 656761 1695 2150441 CONFERENCE 900099 2563787 2563787 EDUCATION/CERTIFICATIO 900099 798265 798265 ADVISORY SERVICES 900099 534902 534902 EMPLOYMENT SERVICES 561300 125250 125250 4022204 44417 44417 6217062 3896954 125250 44417 X 655245 240417 414828 1657241 1077577 579664 241750 241750 431227 431227 156195 156195 28221 28221 919352 728562 190790 2046 300 1746 433840 268833 165007 51869 51869 307864 307864 136439 107192 29247 864963 795847 69116 16872 16872 37241 37241 BANK CHARGES 164008 164008 DESIGN 69773 69773 DUES AND SUBSCRIPTIONS 63425 51673 11752 BAD DEBT EXPENSE 21473 21473 8018 5389 2629 6267062 3345563 2921499 0 712871 538378 908662 1497 634045 784364 13432 22242 329598 328655 973962 631785 7700 342177 3000000 3605084 386349 399746 14638 14638 6007295 6036781 450830 346366 1475263 1396287 422979 685905 2349072 2428558 X 3541065 3489370 117158 118853 3658223 3608223 6007295 6036781 -50000 0 X X 0 1 X 1 0 X 2147311 2548973 2105682 2215632 2150441 11168039 2147311 2548973 2105682 2215632 2150441 11168039 11168039 25971 34506 36822 42728 44417 184444 137456 144971 132561 133031 109918 657937 12010420 19073120 0.92990 0.93780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 973962 631785 342177 342177 DEFERRED COMPENSATION INVESTMENT 399746 C 399746 DEFERRED RENT EXPENSE 286159 DEFERRED COMPENSATION LIABILITY 399746 685905 X 6372375 155313 155313 6217062 0 6217062 6422375 155313 155313 6267062 0 6267062 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 2015. 1 X X X X X 0 0 0 0 0 0 0 0 0 JEFF FINKLE PRESIDENT & CEO 314134 0 67424 0 6000 0 36777 0 36919 0 461254 0 0 0 SHARON COY VP OF FINANCE AND CFO 139961 0 14706 0 2949 0 0 0 16795 0 174411 0 0 0 LYNN KNIGHT VP OF KMD 141862 0 11000 0 0 0 0 0 12536 0 165398 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 728,562. MANAGEMENT AND GENERAL EXPENSES 190,790. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 919,352. 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.