INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL

EIN: 520887806 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$9,637,488
Total Expenses
$9,391,207
Total Assets
$11,377,086
Net Assets
$8,037,529
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WI
Principal Officer
NATHAN OHLE
Phone
2022234735
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL, founded in 2001, is a community nonprofit in the International Affairs sector that reported $9.6M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,257,710
Program Service Revenue $6,299,983
Investment Income $79,795
Other Revenue $0
TOTAL REVENUE $9,637,488

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,414,018
Fundraising Expenses $0
Program Expenses $5,522,132
Other Expenses $4,977,189
TOTAL EXPENSES $9,391,207

Year-over-Year Comparison

2023 2022 Change
Revenue $9,637,488 $11,311,787 -0.1%
Expenses $9,391,207 $8,478,687 +0.1%
Net Income $246,281 $2,833,100 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
54
Independent Members
54
Employees
47
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$712,410
Total Directors
54
$0
Key Employees
1
$173,307
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELOISA KLEMENTICH BOARD CHAIR 4.00
Director
$0 $0 $0
BRYAN DANIELS BOARD VICE CHAIR 4.00
Director
$0 $0 $0
DANIELLE CASEY BOARD SECRETARY/TREASURER 4.00
Director
$0 $0 $0
JUAN PABLO ALCANTAR BOARD MEMBER 2.00
Director
$0 $0 $0
BETH BOWMAN BOARD MEMBER 2.00
Director
$0 $0 $0
AMY CASE-MADISON BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL CATSI BOARD MEMBER 2.00
Director
$0 $0 $0
BARBRA COFFEE BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES COLLARD BOARD MEMBER 2.00
Director
$0 $0 $0
RODNEY CRIM BOARD MEMBER 2.00
Director
$0 $0 $0
WILLIAM CRONIN BOARD MEMBER 2.00
Director
$0 $0 $0
JOI CUARTERO-AUSTIN BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE CURTIN BOARD MEMBER 2.00
Director
$0 $0 $0
HALDANE DAVIES BOARD MEMBER 2.00
Director
$0 $0 $0
KEVIN DICK BOARD MEMBER 2.00
Director
$0 $0 $0
DENNIS FRAISE BOARD MEMBER 2.00
Director
$0 $0 $0
TODD GREENE BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID GRIGGS BOARD MEMBER 2.00
Director
$0 $0 $0
TRISH HEIDENREICH BOARD MEMBER 2.00
Director
$0 $0 $0
CLYDE HIGGS BOARD MEMBER 2.00
Director
$0 $0 $0
GREGORY HITCHIN BOARD MEMBER 2.00
Director
$0 $0 $0
MIGNONNE HOLLIS BOARD MEMBER 2.00
Director
$0 $0 $0
MOLLY HOWEY BOARD MEMBER 2.00
Director
$0 $0 $0
TAMIKA JENKINS BOARD MEMBER 2.00
Director
$0 $0 $0
EAN JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
SEONAH KENDALL BOARD MEMBER 2.00
Director
$0 $0 $0
LINDSEY KIMBALL BOARD MEMBER 2.00
Director
$0 $0 $0
RONALD KITCHENS BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS KNIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
MAUREEN KRAUSS BOARD MEMBER 2.00
Director
$0 $0 $0
BARB LAMUE BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID LEEZER BOARD MEMBER 2.00
Director
$0 $0 $0
SCOTT MARTINEZ BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS MASINGILL BOARD MEMBER 2.00
Director
$0 $0 $0
HEATHER MCDANIEL BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH MEJIA BOARD MEMBER 2.00
Director
$0 $0 $0
QUENTIN MESSER JR BOARD MEMBER 2.00
Director
$0 $0 $0
ANN MARIE MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
BETHANY MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
JONATHAN MORGAN BOARD MEMBER 2.00
Director
$0 $0 $0
REBECCA MOUDRY BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE NEAL BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA PAOLINI BOARD MEMBER 2.00
Director
$0 $0 $0
JONAS PETERSON BOARD MEMBER 2.00
Director
$0 $0 $0
DON PIERSON BOARD MEMBER 2.00
Director
$0 $0 $0
COURTNEY POGUE BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN SILVA BOARD MEMBER 2.00
Director
$0 $0 $0
DAN SILVERMAN BOARD MEMBER 2.00
Director
$0 $0 $0
LEONARD SLEDGE BOARD MEMBER 2.00
Director
$0 $0 $0
KELLY SMALLRIDGE BOARD MEMBER 2.00
Director
$0 $0 $0
JARED SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER WAKEFIELD BOARD MEMBER 2.00
Director
$0 $0 $0
JOY WILKINS BOARD MEMBER 2.00
Director
$0 $0 $0
ROB WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
NATHAN OHLE PRESIDENT & CEO 40.00
Officer
$491,599 $49,816 $541,415
ALIA IQBAL CFO 40.00
Officer
$155,282 $15,713 $170,995
MATTHEW MULLIN VP OF POLICY AND COMMUNICATION 40.00
Key Emp
$152,291 $21,016 $173,307
RENDELL GINES VP PARTNERSHIPS ADVISORY SERVICES AND THOUGHT LEAD 40.00
Highest
$134,939 $37,130 $172,069
JAMIE RICHARDS BOARD LIAISON AND EXEC ASSISTANT 40.00
Highest
$115,977 $1,723 $117,700
REBECCA THOMAS SR DIRECTOR, PROFESSIONAL DEVELOPMENT 40.00
Highest
$128,768 $13,834 $142,602
TODD LANG DIRECTOR KNOWLEDGE MANAGEMENT 40.00
Highest
$114,636 $19,708 $134,344
EMILY BROWN SR DIRECTOR 40.00
Highest
$110,755 $20,827 $131,582
JASON CHRISTIAN SR DIRECTOR IT 40.00
Highest
$110,621 $37,114 $147,735
JEFFREY FINKLE PRESIDENT & CEO (FORMER) 40.00
$222,520 $13,189 $235,709
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,637,488 $9,391,207 $11,377,086 $246,281
2022 $11,311,787 $8,478,687 $12,005,154 $2,833,100
2021 $8,276,707 $7,948,198 $9,406,621 $328,509
2020 $7,258,490 $6,681,716 $7,664,446 $576,774
2019 $6,362,367 $6,451,943 $6,479,765 $-89,576
2018 $6,217,062 $6,267,062 $6,036,781 $-50,000
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