Cape Cod Economic Development Council INC: FY2024 Nonprofit Profile & Form 990 (EIN 04-3354621)

Revenue by fiscal year
FY2020	$378K
FY2021	$391K
FY2022	$421K
FY2023	$518K
FY2024	$370K
FY2025	$408K

Expenses by fiscal year
FY2020	$365K
FY2021	$361K
FY2022	$401K
FY2023	$599K
FY2024	$455K
FY2025	$395K

Net assets by fiscal year
FY2020	$142K
FY2021	$172K
FY2022	$192K
FY2023	$111K
FY2024	$26K
FY2025	$39K

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.

98%

Program services 98% · $447K 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

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII

Warren Rutherford

President

$0Pt VII · Sec A

Daniel Wolf

Vice Preside

$0Pt VII · Sec A

Richard W Neitz

Treasurer/Cl

$0Pt VII · Sec A

Mark Forest

Director

$0Pt VII · Sec A

Eliza Cox

Director

$0Pt VII · Sec A

Robert Talerman

Director

$0Pt VII · Sec A

Scott Vandersall

Director

$0Pt VII · Sec A

Eugene Curry

Director

$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

Tap to ask. Cape Cod Economic Development Council INC sees how many people are interested.

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

1 program · $447K · in their own filed words · FY2023

01

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

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 04-3354621) · Dispute this line

$447Kprogram 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

Cape Cod Blue Economy Foundation INCFY2022$135K

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 FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$370K

Ln 12

Gifts and grantsLn 1h$370K

Investment incomeLn 3$29

Money outPt IX

$455K

Ln 25

Programscol B$447K

Managementcol C$8K

Owns and owesPt X

$26K

net assets · Ln 32

Cash and savingsLn 1–2$158K

Total assetsLn 16$185K

LiabilitiesLn 26$159K

PeoplePt VI, VII

8

listed · VII A

PaidVII A0

Voting boardVI 1a8

IndependentVI 1b8

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$370K

Government grantsLn 1e$370K

Investment incomeLn 3$29

Total revenueLn 12$370K

Assets in detailPt X, end of year

CashLn 1$158K

Cash and savings togetherLn 1–2$158K

Accounts receivableLn 4$26K

Prepaid expenses and deferred chargesLn 9$1K

Total assetsLn 16$185K

LiabilitiesLn 26$159K

Net assetsLn 32$26K

OperationsPt I, VI

EmployeesI 50

VolunteersI 62

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$223K	$158K
Total assetsLn 16	$256K	$185K
LiabilitiesLn 26	$145K	$159K
Net assetsLn 32	$111K	$26K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$348K	$348K
Accounting feesLn 11c	$6K		$6K
Other fees for servicesLn 11g	$75K	$75K
Information technologyLn 14	$463		$463
InterestLn 20	$21K	$21K
InsuranceLn 23	$2K		$2K
Other expenses (24a–d)Ln 24	$3K	$3K	$287
Total functional expensesLn 25	$455K	$447K	$8K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Oct 14, 2025	$408K	$395K	$13K	$39K	990 PDF
FY2024 ViewingFiled 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
FY2021Filed 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 FY2024 990

Part I · Summary $370,353 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $82,650$370,324

I-9 Program service revenuePrior year $435,124$0

I-10 Investment incomePrior year $49$29

I-11 Other revenue$0

I-12 Total revenuePrior year $517,823$370,353

I-13 Grants and similar amounts paid$347,594

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $599,147$107,539

I-18 Total expensesPrior year $599,147$455,133

I-19 Revenue less expensesPrior year −$81,324−$84,780

Part VI · Governance 8 of 8 board members independent, 3 to look at

VI-1a Voting members of the governing body8

VI-1b Independent voting members8

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

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $370,353 across 4 lines filed

VIII-1e Government grants$370,324

VIII-1h Total contributions, gifts and grants$370,324

VIII-3 Investment incomeExcluded from tax $29$29

VIII-12 Total revenueExcluded from tax $29$370,353

Part IX · Statement of functional expenses $455,133 across 7 lines filed

IX-1 Grants to domestic organizationsPrograms $347,594$347,594

IX-11c Accounting feesManagement $5,500$5,500

IX-11g Other fees for servicesPrograms $75,000$75,000

IX-14 Information technologyManagement $463$463

IX-20 InterestPrograms $21,391$21,391

IX-23 InsuranceManagement $1,898$1,898

IX-24 Other expenses (24a–d)Programs $3,000 · Management $287$3,287

IX-25 Total functional expensesPrograms $446,985 · Management $8,148 · Fundraising $0$455,133

Part X · Balance sheet $185,376 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $223,107$158,254

X-4 Accounts receivableStart of year $31,934$25,681

X-9 Prepaid expenses and deferred chargesStart of year $1,441$1,441

X-16 Total assetsStart of year $256,482$185,376

X-17 Accounts payable and accrued expenses$9,087

X-23 Secured mortgages and notes payableStart of year $145,413$150,000

X-26 Total liabilitiesStart of year $145,413$159,087

X-27 Net assets without donor restrictionsStart of year $111,069$26,289

X-32 Total net assets or fund balancesStart of year $111,069$26,289

X-33 Total liabilities and net assetsStart of year $256,482$185,376

Part XI · Reconciliation of net assets $26,289 net assets at year end

XI-1 Total revenue$370,353

XI-2 Total expenses$455,133

XI-3 Revenue less expenses−$84,780

XI-4 Net assets at start of year$111,069

XI-10 Net assets at end of year$26,289

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

Cape Cod Economic Development Council INC FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Cape Cod Economic Development Council INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV