Thurston Economic Development Council Center For Business & Innovation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911561600 ✦ Lacey, WA ✦ Designated as a 501(c)(3)

Overview

What is Thurston Economic Development Council Center For Business & Innovation?

Thurston Economic Development Council Center for Business & Innovation, located at 4220 6th Avenue SE, Lacey, WA 98503, is a nonprofit organization dedicated to fostering entrepreneurial growth in Thurston County. Their mission encompasses supporting businesses at various stages of their lifecycle, from planning and launching to growth, turnaround, and exit planning. The organization offers resources and services through their entrepreneurial network, providing a platform for business development. Additionally, they run Lacey Makerspace, a program that grants community access to advanced fabrication tools and training, nurturing innovation and creativity in the South Sound region of Washington. With a team of 16 dedicated individuals, they strive to bolster local businesses and contribute to the economic development of the area.


Official website here: www.thurstonedc.com

Is Thurston Economic Development Council Center For Business & Innovation legitimate?

Thurston Economic Development Council Center For Business & Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thurston Economic Development Council Center For Business & Innovation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $734,179

For more financial information, click here


Official website here: www.thurstonedc.com

What is the mission statement of Thurston Economic Development Council Center For Business & Innovation?

The Thurston Economic Development Council Center for Business & Innovation's mission is centered around fostering an entrepreneurial network in Thurston County. Their primary goal is to support businesses throughout their life cycle, from planning and launching, to growth, turnaround, and even exit planning. They achieve this mission by providing various services that cater to these different stages. The center's activities are not limited to just one aspect of business development; they are comprehensive and holistic in their approach. The Lacey Makerspace, a program under their umbrella, is an example of their commitment to community access to high-tech fabrication tools and training, promoting innovation and creativity in the region.


Official website here: www.thurstonedc.com

Who is the CEO of Thurston Economic Development Council Center For Business & Innovation?

Michael Cade is the Executive Director of Thurston Economic Development Council Center For Business & Innovation.


Official website here: www.thurstonedc.com

What is the revenue of Thurston Economic Development Council Center For Business & Innovation?

Thurston Economic Development Council Center For Business & Innovation's revenue in 2022 was $1,866,030.


Official website here: www.thurstonedc.com

Who are the executives of Thurston Economic Development Council Center For Business & Innovation and what are their salaries?

The average compensation at Thurston Economic Development Council Center For Business & Innovation during 2022 was $45,886. There are 16 employees and 12 volunteers at Thurston Economic Development Council Center For Business & Innovation.

Here are 13 key members and their salaries:

    Michael Cade (Executive Director)
  • Compensation: $0
  • Related: $144,986
  • Other: $26,398

    • Nancy Lapointe (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grace Kendall (President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noel Rubadue (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Zylka (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virgil Clarkson (Director (Thru August 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Daily (Director (Thru May 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Jensen (Director (Thru May 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yen Huynh (Director (Thru May 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Leneker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Sawatzky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Sunde (Director (Thru May 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Whitley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thurstonedc.com

    Where can I find the form 990 for Thurston Economic Development Council Center For Business & Innovation?

    The Thurston Economic Development Council Center For Business & Innovation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thurstonedc.com

    Learn more at the official website: www.thurstonedc.com

    Mission Statement of Thurston Economic Development Council Center For Business & Innovation

    The Thurston Economic Development Council Center for Business & Innovation is committed to nurturing the entrepreneurial ecosystem in Thurston County. Their mission encompasses providing services that foster the development of this network, supporting businesses throughout their entire life cycle, from planning and launching, to growth, turnaround, and exit planning. This nonprofit organization actively works towards strengthening the business community in the region, promoting innovation and creativity.

    A notable initiative undertaken by the Thurston Economic Development Council Center for Business & Innovation is the Lacey Makerspace program. This program grants community access to advanced fabrication tools and training, encouraging innovation and creativity within the South Sound region of Washington. By fostering such an environment, this nonprofit organization is not only supporting existing businesses but also paving the way for the emergence of new ventures.

    Impact

    This information is meant to be a general summary of Thurston Economic Development Council Center For Business & Innovation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Thurston Economic Development Council Center for Business & Innovation has a significant impact on Thurston County by developing the entrepreneurial network and supporting businesses throughout their lifecycle. One notable initiative is the Lacey Makerspace program, which provides community access to high-tech fabrication tools and training, fostering innovation and creativity in the South Sound region of Washington.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $136
  • Program Service Revenue: $38,380
  • Gross Receipts: $1,871,651

    • Assets and Liabilities:
  • Total Assets: $630,642
  • Total Liabilities: $445,009
  • Net Assets: $185,633
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LMS EVENT REVENUE

    Revenue

    $38,380

    Organization Details

    Founding Year

    1992

    Principal Officer

    Michael Cade

    Main Address

    4220 6TH AVE SE, LACEY, WA, 98503

    NTEE Category

    Code: Z99Z - Unknown

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