Cape Cod Economic Development Council INC FY2021 filing

Not tax-deductible

Centerville, MA501(c)(4) EIN 04-3354621Revenue $391K in FY2021Latest return filed Oct 14, 2025

On file with the IRSCenterville, MATax-exempt since May 1998

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Sustain, support and stimulate existing Cape Cod businesses; increase employment opportunities by attracting desirable businesses to Cape Cod; foster and promote communication between the community, local government, and the business community. DO long range planning, promote education and job training, and facilitate and coordinate site selection opportunities for Economic growth; and encourage the Development of self-sustaining not-for-profit organizations.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-3354621) · Dispute this line
501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
98¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $15K a year · 4% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
98% of spending went to programs.
Pt IX · Ln 25 · col B
10.9 mo
of spending, in cash
10.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $135K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$198K
53% of total assets
Liabilities are 53% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$391K
+3% vs prior year
Spent
$361K
To programs
98%
Net assets
$172K
By yearFY2020–FY2025
Revenue
$391K
FY2021▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$378K
FY2021$391K
FY2022$421K
FY2023$518K
FY2024$370K
FY2025$408K
Expenses
$361K
FY2021▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$365K
FY2021$361K
FY2022$401K
FY2023$599K
FY2024$455K
FY2025$395K
Net assets
$172K
FY2021▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$142K
FY2021$172K
FY2022$192K
FY2023$111K
FY2024$26K
FY2025$39K

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $353K Management & general 2% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer/Cl
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Cape Cod Economic Development Council INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps Cape Cod businesses grow, creates jobs, and plans for economic development.

Questions for Cape Cod Economic Development Council INC

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Your first name shows with your question. Cape Cod Economic Development Council INC answers here, for everyone.

1 program · $353K · in their own filed words · FY2020
01

Various small business forums to assist prospective businesses hoping to start or relocate in the community.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-3354621) · Dispute this line
$353Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$135K
Grants paid · 2 grants · $731K · 2023–2024
Cape Cod Chamber of CommerceMA · FY2024$383,395
Cape Cod Chamber of CommerceMA · FY2023$347,594

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$391K
Ln 12
Fees for servicesLn 2g$311K
Gifts and grantsLn 1h$80K
Investment incomeLn 3$322
Money outPt IX
$361K
Ln 25
Programscol B$353K
Managementcol C$8K
Owns and owesPt X
$172K
net assets · Ln 32
Cash and savingsLn 1–2$327K
Total assetsLn 16$370K
LiabilitiesLn 26$198K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$80K
Government grantsLn 1e$80K
Fees for servicesLn 2g$311K
Investment incomeLn 3$322
Total revenueLn 12$391K
Assets in detailPt X, end of year
CashLn 1$47K
SavingsLn 2$280K
Cash and savings togetherLn 1–2$327K
Accounts receivableLn 4$41K
Prepaid expenses and deferred chargesLn 9$1K
Total assetsLn 16$370K
LiabilitiesLn 26$198K
Net assetsLn 32$172K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$293K$327K
Total assetsLn 16$342K$370K
LiabilitiesLn 26$200K$198K
Net assetsLn 32$142K$172K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$4K$4K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$355K$353K$3K
Total functional expensesLn 25$361K$353K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Oct 14, 2025 $408K$395K$13K$39K 990 PDF
FY2024Filed with the IRS Feb 27, 2025 $370K$455K−$85K$26K 990 PDF
FY2023Filed with the IRS Dec 21, 2023 $518K$599K−$81K$111K 990 PDF
FY2022Filed with the IRS Mar 8, 2023 $421K$401K$20K$192K 990 PDF
FY2021 ViewingFiled with the IRS Jan 24, 2022 $391K$361K$30K$172K 990 PDF
FY2020Filed with the IRS Feb 1, 2021 $378K$365K$13K$142K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $391,103 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $71,000$80,000
I-9 Program service revenuePrior year $306,743$310,781
I-10 Investment incomePrior year $362$322
I-11 Other revenue$0
I-12 Total revenuePrior year $378,105$391,103
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $364,670$360,880
I-18 Total expensesPrior year $364,670$360,880
I-19 Revenue less expensesPrior year $13,435$30,223
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $391,103 across 5 lines filed
VIII-1e Government grants$80,000
VIII-1h Total contributions, gifts and grants$80,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $310,781$310,781
VIII-3 Investment incomeExcluded from tax $322$322
VIII-12 Total revenueRelated to mission $310,781 · Excluded from tax $322$391,103
Part IX · Statement of functional expenses $360,880 across 3 lines filed
IX-11c Accounting feesManagement $3,875$3,875
IX-23 InsuranceManagement $1,725$1,725
IX-24 Other expenses (24a–d)Programs $352,600 · Management $2,680$355,280
IX-25 Total functional expensesPrograms $352,600 · Management $8,280 · Fundraising $0$360,880
Part X · Balance sheet $369,920 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $73,673$47,226
X-2 Savings and temporary cash investmentsStart of year $219,703$280,024
X-4 Accounts receivableStart of year $47,341$41,229
X-9 Prepaid expenses and deferred chargesStart of year $1,441$1,441
X-16 Total assetsStart of year $342,158$369,920
X-17 Accounts payable and accrued expensesStart of year $50,300$47,839
X-25 Other liabilitiesStart of year $150,000$150,000
X-26 Total liabilitiesStart of year $200,300$197,839
X-27 Net assets without donor restrictionsStart of year $141,858$172,081
X-32 Total net assets or fund balancesStart of year $141,858$172,081
X-33 Total liabilities and net assetsStart of year $342,158$369,920
Part XI · Reconciliation of net assets $172,081 net assets at year end
XI-1 Total revenue$391,103
XI-2 Total expenses$360,880
XI-3 Revenue less expenses$30,223
XI-4 Net assets at start of year$141,858
XI-10 Net assets at end of year$172,081

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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