Yakima County Development Association EIN 20-0307562 Form 990 (PDF) Claim this org

Yakima County Development Association

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Boosts local jobs and income by growing and attracting businesses in Yakima County. For fiscal year 2024 it reported $2.3M in revenue, $923K in expenses, and $2.2M in net assets.Pt I

Type
Membership association · Community Development
Location
Yakima, WA
Website
www.ycda.com
Filings
4 on file (2021–2024)
Revenue
$2.3MFY2024
Expenses
$923K
Net assets
$2.2M
People
30
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-0307562 Membership association Yakima, WA
Form 990 (PDF)
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Figures match the IRS filing checked 9/3/26 · see original: IRS
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Size
$1–10M
What they do
Boosts local jobs and income by growing and attracting businesses in Yakima County.
Leadership
Jonathan Smith · Executive Dir. · $168K
Money in and out
$2.3M revenue, $923K expenses
Bottom line
+60% operating surplus
Membership & operating revenue · FY2024
Total revenue
$2.3M
Pt VIII · Ln 12
Total expenses
$923K
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.4M
Where spending went · Part IX cols B–D
Program services $0.55 Management & general $0.32 Fundraising $0.13
Operating surplus
+60%
revenue over expenses▲ +497% vs prior filing year
Earned revenue
0.4%
of revenue from program services & dues▲ +130% vs prior filing year
Payroll share
71%
of spending is salaries & benefits▲ +7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.3M
FY2024▲ +166%
Expenses
$923K
FY2024▼ -7%
Total assets
$3.1M
FY2024▲ +95%
Total liabilities
$903K
FY2024▲ +20%
Total revenue
$2.3M
Pt VIII · Ln 12
Total expenses
$923K
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.4M
Total assetsPt X · Ln 16$3.1M
Program-expense ratioPt IX · col B55%
Voting members of governing bodyPt I · Ln 329
Independent voting membersPt I · Ln 429

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYakima County Development Association
EINHdr · item D20-0307562
Principal addressHdr · item CYakima, WA
WebsiteHdr · item Jwww.ycda.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S02)
Ruling yearIRS BMFAug 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a29
Independent voting membersPt VI · Ln 1b29
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$168,477Pt VII · Sec A
Past President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jonathan Smith’s $168K as Executive Dir. is at the 55th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Jonathan Smith$169,181
Jonathan Smith$168,477$139,980
John Smith$161,162

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $509K of program spending, described in the organization's own filed words · FY2024.
01

Yakima county development association (ycda) works to recruit new businesses. Our association responded to 45 requests from new businesses seeking information about the yakima valley and engaged 23 site selectors with information about sites and businesses in the county.

$448Kprogram expense
02

Ycda supports building local businesses and provides workforce and community leadership. In 2024, ycda performed 94 local company outreach visits and supported 10 local business retention AND/OR expansion projects.

$42Kprogram expense
03

Ycda helps the yakima valley prepare for economic opportunities by advocating for and driving investments in workforce development and public infrastructure. In 2024, the association administered $2.9 million in sied funding and helped 3 municipalities secure dollars for public work projects that led to new business development.

$19Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants99%$2.3M
Program service revenue$10K
Investment income$2K
— government grantsLn 1e$270K
Total revenueLn 12$2.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.55 Management & general $0.32 Fundraising $0.13
Program services55%$509K
Management & general32%$294K
Fundraising13%$120K
Total functional expensesLn 25$923K

Balance Sheet

Part X · end of year
CashLn 1$917K
Total assetsLn 16$3.1M
Total liabilitiesLn 26$903K
Total net assetsLn 32$2.2M
Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $917K · Operating expenses/yr $923K
11.9 months
Where the money goes
Program services
Program services $509K · Total expenses $923K
55%
Management & General
Management & general $294K · Total expenses $923K
32%
Fundraising
Fundraising $120K · Total expenses $923K
13%
Cost to raise $1
Fundraising expense (3-yr avg) $78K · Solicited contributions (3-yr avg) $881K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.3M · Total revenue $2.3M
99%
Government reliance
Government grants $270K · Total revenue $2.3M
12%
Earned-income share
Program service revenue $10K · Total revenue $2.3M
0.4%
Investment reliance
Investment income $2K · Total revenue $2.3M
+0.09%
Program self-sufficiency
Program service revenue $10K · Total expenses $923K
1%
Growth & trend
Revenue growth (YoY)
This year $2.3M · Prior year $864K
+166%
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.3M · Expenses $923K
+60%
Liabilities-to-Assets
Total liabilities — · Total assets $3.1M
Net-asset ratio
Net assets $2.2M · Total assets $3.1M
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $3.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Jonathan Smith · Reported title Executive Dir. · Highest reported compensation $168K · Total expenses $923K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $654K · Total expenses $923K
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 55%
Overhead ratio 32%
Fundraising cost ratio 5%
Revenue growth 166%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$338K
Grants paid · 9 grants · $129K · 2021–2021
Unitemized GrantFY2021$49,372
Revive Wellness and TanningFY2021$10,000
Lash and Makeup StudioFY2021$10,000
Fonda El Habanero LLCFY2021$10,000
Estradas Auto Body and SalesFY2021$10,000
El Ray TacosFY2021$10,000
Drinkn GamesFY2021$10,000
Divine Performance & TechniquFY2021$10,000
Casa Vittore CoffeeFY2021$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.3M revenue · viewing · ⤓ 990 PDF
FY2023$864K revenue · ⤓ 990 PDF
FY2022$298K revenue · ⤓ 990 PDF
FY2021$969K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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