SOUTHEAST WASHINGTON ECONOMIC DEVELOPMENT ASSOCIATION

EIN: 911319496 501(c)(3) Community Improvement

CLARKSTON, WA

Total Revenue
$267,271
Total Expenses
$283,556
Total Assets
$216,880
Net Assets
$216,045
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
WA
Phone
5097519144
Tax Period
2023-07-01 to 2024-06-30

SOUTHEAST WASHINGTON ECONOMIC DEVELOPMENT ASSOCIATION, founded in 1985, is a small nonprofit in the Community Improvement sector that reported $267K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

DRAWING ON THE RICH HERITAGE AND NATURAL RESOURCES OF THE REGION, SEWEDA IS COMMITTED TO ENCHANCING ECONOMIC VITALITY AND AN UNPARRLLELED QUALITY OF LIFE THROUGH PARTNERSHIPS WITH BUSINESS, CIVIC INTEREST, AND GOVERNMENT, FOR THE RESIDENTS OF ASOTIN, GARFIELD, AND WHITMAN COUNTIES OF WASHINGTON STATE.

Program Service Accomplishments

Program 1
Expenses: $261,437 Revenue: $266,908

A PERFORMANCE BASED FUNDING TO ASSIST ECONOMIC DEVELOPMENT ACTIVITIES AND TO DELIVER ECONOMIC DEVELOPMENT SERVICES TO COMMUNITIES, ORGANIZATIONS, AND BUSINESSES FOR ASOTIN, GARFIELD, and WHITMAN...

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A PERFORMANCE BASED FUNDING TO ASSIST ECONOMIC DEVELOPMENT ACTIVITIES AND TO DELIVER ECONOMIC DEVELOPMENT SERVICES TO COMMUNITIES, ORGANIZATIONS, AND BUSINESSES FOR ASOTIN, GARFIELD, and WHITMAN COUNTIES IN WASHINGTON.

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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 $266,908
Program Service Revenue $0
Investment Income $363
Other Revenue $0
TOTAL REVENUE $267,271

Expense Breakdown

Grants Paid $0
Salaries & Benefits $172,873
Fundraising Expenses $0
Program Expenses $261,437
Other Expenses $110,683
TOTAL EXPENSES $283,556

Year-over-Year Comparison

2023 2022 Change
Revenue $267,271 $203,575 +0.3%
Expenses $283,556 $274,717 +0.0%
Net Income $-16,285 $-71,142 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
15

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN SHINN President 0.00
Officer Director
$0 $0 $0
CHAD MILTENBERGER Treasurer 0.00
Officer Director
$0 $0 $0
LARRY SCOGGINS Director 0.00
Director
$0 $0 $0
MIKE CASSETTO Director 0.00
Director
$0 $0 $0
MONIKA LAWRENCE Director 0.00
Director
$0 $0 $0
MEGAN GUIDO Director 0.00
Director
$0 $0 $0
RACHEL ANDERSON Director 0.00
Director
$0 $0 $0
TOM HANDY Director 0.00
Director
$0 $0 $0
KARL WEBBER Director 0.00
Director
$0 $0 $0
AL SORENSON Secretary 0.00
Officer Director
$0 $0 $0
LARRY LEDGERWOOD Vice President 0.00
Officer Director
$0 $0 $0
DIANA RUCHERT Director 0.00
Director
$0 $0 $0
PAUL MILLER Director 0.00
Director
$0 $0 $0
DEBBIE SNELL Director 0.00
Director
$0 $0 $0
WANDA KEEFER Director 0.00
Director
$0 $0 $0
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 $267,271 $283,556 $216,880 $-16,285
2023 $203,575 $274,717 $232,330 $-71,142
2022 $428,256 $368,014 $297,606 $60,242
2021 $3,140,173 $3,092,317 $237,364 $47,856
2020 $704,224 $769,397 $189,508 $-65,173
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