Daffy

Clearwater Economic Development Association Inc.

Clearwater Economic Development Association Inc.

Lewiston, ID 83501
Tax ID82-0288410

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About this organization

Revenue

$994,355

Expenses

$887,487

Mission

CEDA is a non-profit organization created to assist North Central Idaho businesses and communities by acting as a conduit for needed resources. As the collective voice for North Central Idaho, Clearwater Economic Development Association provides leadership and guidance in developing communities, diversifying the economy, and creating prosperity.

About

CEDA provided community planning and development services for 61 organizational members and passed through $231,232 of state and government grants and contracts to agencies in the region for the same economic purpose. In order to promote diversification and alleviate unemployment in the North Central Idaho and Southeastern Washington regions, CEDA granted 13 new loans during the fiscal year valued at $1,296,360 to small business customers. At the end of the fiscal year, CEDA's small business program had 44 outstanding loans receivable valued at $2.7 million.

Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “Ceda is a non-profit organization created to assist north central idaho businesses and communities by acting as a conduit for needed resources. as the collective voice for north central idaho, clearwater economic development association provides leadership and guidance in developing communities, diversifying the economy, and creating prosperity.”.

When referring to its actions, they were described as: “Ceda is a non-profit organization created to assist north central idaho businesses and communities by acting as a conduit for needed resources. as the collective voice for north central idaho, clearwater economic development association provides leadership and guidance in developing communities, diversifying the economy, and creating prosperity.”.

  • According to the law, the state of operation reported by the non-profit is ID.
  • As per the filing, the address of the non-profit for 2020 is 1626 6TH AVENUE N, LEWISTON, ID, 83501.
  • According to their form, the non-profit as of 2020 has a total of 9 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $106,868.
  • The CEO compensation plan of the organization is determined by an independent party's review and approval.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 21 independent voting members.
  • The organization was formed in 1967.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $418,947 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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