ECONOMIC DEVELOPMENT FOR CENTRAL O… - Form 990 Financial Data

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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

1980

Legal Domicile

Principal Officer

JON STARK

Phone

5413883236

Tax Period

2024-07-01 to 2025-06-30

ECONOMIC DEVELOPMENT FOR CENTRAL OREGON INC, founded in 1980, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

LEAD THE DIVERSIFICATION OF CENTRAL OREGON'S ECONOMY THROUGH MARKETING, TARGETED RECRUITMENT, BUSINESS EXPANSION, FORMATION OF EFFECTIVE PUBLIC/PRIVATE PARTNERSHIPS AND VENTURE COACHING FOR EARLY STAGE COMPANIES.

Program Service Accomplishments

Program 1

TO MARKET, RESEARCH AND RECRUIT BUSINESS OPPORTUNITIES IN CENTRAL OREGON AND OFFER VENTURE COACHING FOR EARLY STAGE COMPANIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,579,716

Program Service Revenue $321,430

Investment Income $7,665

Other Revenue $104,082

TOTAL REVENUE $2,012,893

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,462,708

Fundraising Expenses $0

Other Expenses $525,443

TOTAL EXPENSES $1,988,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,012,893	$1,749,536	+0.2%
Expenses	$1,988,151	$1,719,217	+0.2%
Net Income	$24,742	$30,319	-0.2%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$146,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON STARK	CEO	40.00	Officer	$137,569	$8,976	$146,545
ERIN CHAIET	COO	40.00	Highest	$113,885	$6,962	$120,847
STEVE CURLEY	REDI DIRECTO	40.00	Highest	$111,818	$2,853	$114,671
MATT SWAFFORD	PRESIDENT	1.00	Officer Director	$0	$0	$0
WENDY MCGRANE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JOSH NEWTON	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN COLE	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN BERGLER	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
JORDAN SMITH	PRESIDENT-EL	1.00	Officer Director	$0	$0	$0
RUSS DEBOODT	DIRECTOR	1.00	Director	$0	$0	$0
ERIK KROPP	DIRECTOR	1.00	Director	$0	$0	$0
GREG LAMBERT	DIRECTOR	1.00	Director	$0	$0	$0
WES PRICE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE WIDMER	DIRECTOR	1.00	Director	$0	$0	$0
AMBER YATES	DIRECTOR	1.00	Director	$0	$0	$0
CORY ALLEN	DIRECTOR	0.50	Director	$0	$0	$0
EUGENE MONTY AXTELL	DIRECTOR	0.50	Director	$0	$0	$0
TOM BARRETT	DIRECTOR	0.50	Director	$0	$0	$0
STEVE BETTIS	DIRECTOR	0.50	Director	$0	$0	$0
SHERMAN BLOOMER	DIRECTOR	0.50	Director	$0	$0	$0
PATTI ADAIR	DIRECTOR	0.50	Director	$0	$0	$0
LAURIE CHESLEY	DIRECTOR	0.50	Director	$0	$0	$0
TRAVIS DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
ALISA DUNLAP	DIRECTOR	0.50	Director	$0	$0	$0
CAROLINE ERVIN	DIRECTOR	0.50	Director	$0	$0	$0
JEREMY GROH	DIRECTOR	0.50	Director	$0	$0	$0
HEATHER HANSEN	DIRECTOR	0.50	Director	$0	$0	$0
ERIC KING	DIRECTOR	0.50	Director	$0	$0	$0
KIM MOLNAR	DIRECTOR	0.50	Director	$0	$0	$0
DON MOORE	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL PREEDIN	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS RICHIE	DIRECTOR	0.50	Director	$0	$0	$0
RON ROSS	DIRECTOR	0.50	Director	$0	$0	$0
ZAK SUNDSTEN	DIRECTOR	0.50	Director	$0	$0	$0
ERWIN SWETNAM	DIRECTOR	0.50	Director	$0	$0	$0
BRENT TEN PAS	DIRECTOR	0.50	Director	$0	$0	$0
WADE UNDERWOOD	DIRECTOR	0.50	Director	$0	$0	$0
JEREMY VANDEHEY	DIRECTOR	0.50	Director	$0	$0	$0
KEITH WITCOSKY	DIRECTOR	0.50	Director	$0	$0	$0
MARK WUNSCH	DIRECTOR	0.50	Director	$0	$0	$0
LAMAR YODER	DIRECTOR	0.50	Director	$0	$0	$0
CAT ZWICKER	DIRECTOR	0.50	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
2025	$2,012,893	$1,988,151	$712,596	$24,742
2024	$1,749,536	$1,719,217	$683,852	$30,319
2023	$1,696,254	$1,789,427	$608,355	$-93,173
2022	$1,756,557	$1,546,065	$682,769	$210,492
2021	$1,514,905	$1,559,486	$768,375	$-44,581
2020	$1,548,152	$1,539,667	$563,090	$8,485
2019	$1,478,218	$1,467,011	$575,674	$11,207
2018	$1,405,849	$1,487,110	$526,618	$-81,261

ECONOMIC DEVELOPMENT FOR CENTRAL OREGON INC