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

Yakima County Development Association FY2021 filing

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Boosts local jobs and income by growing and attracting businesses in Yakima County. For fiscal year 2021 it reported $969K in revenue, $1.3M in expenses, and $1.5M in net assets.Pt I

Type
Membership association · Community Development
Location
Yakima, WA
Website
www.ycda.com
Filings
4 on file (2021–2021)
Revenue
$969KFY2021
Expenses
$1.3M
Net assets
$1.5M
People
29
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-0307562 Membership association Yakima, WA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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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. · $140K
Money in and out
$969K revenue, $1.3M expenses
Bottom line
-29% operating surplus
Membership & operating revenue · FY2021
Total revenue
$969K
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$284K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Operating surplus
-29%
revenue over expenses
Earned revenue
2%
of revenue from program services & dues
Payroll share
40%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$969K
FY2021
Expenses
$1.3M
FY2021
Total assets
$1.5M
FY2021
Total liabilities
$52K
FY2021
Total revenue
$969K
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$284K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B89%
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.
$139,980Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Past Chair
$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 $1.1M of program spending, described in the organization's own filed words · FY2021.
01

Ycda supports building local businesses and provides workforce and community leadership. In 2021, ycda administered approximately $500 thousand in cares act grants to 53 local businesses representing over 120 jobs. Ycda held one-on-one meetings with business owners to make applying for these funds as easy as possible.

$1.0Mprogram expense
02

Yakima county development association (ycda) works to recruit new businesses. Our association responded to 41 requests from new businesses seeking information about the yakima valley and hosted 5 of those businesses for site visits.

$55Kprogram expense
03

Enterprise Challenge

An annual business plan competition for new and emerging companies in yakima and kittitas counties.

$31Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$948K · 98%
Program service revenue$20K · 2%
Contributions & grants98%$948K
Program service revenue2%$20K
Investment income$115
— government grantsLn 1e$838K
Total revenueLn 12$969K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program services89%$1.1M
Management & general10%$126K
Fundraising1%$11K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$528K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$52K
Total net assetsLn 32$1.5M
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $528K · Operating expenses (Pt IX) $1.3M · Less non-cash grants $3K · Cash operating expenses/yr $1.2M
5.1 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.3M
89%
Management & General
Management & general $126K · Total expenses $1.3M
10%
Fundraising
Fundraising $11K · Total expenses $1.3M
0.9%
Cost to raise $1
Fundraising expense $11K · Solicited contributions $111K
$0.10 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $948K · Total revenue $969K
98%
Government reliance
Government grants $838K · Total revenue $969K
86%
Earned-income share
Program service revenue $20K · Total revenue $969K
2%
Investment reliance
Investment income $115 · Total revenue $969K
+0.01%
Program self-sufficiency
Program service revenue $20K · Total expenses $1.3M
2%
Growth & trend
Revenue growth (YoY)
This year $969K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $969K · Expenses $1.3M
-29%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Jonathan Smith · Reported title Executive Dir. · Highest reported compensation $140K · Total expenses $1.3M
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $501K · Total expenses $1.3M
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 10%
Fundraising cost ratio 1%
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 · ⤓ 990 PDF
FY2023$864K revenue · ⤓ 990 PDF
FY2022$298K revenue · ⤓ 990 PDF
FY2021$969K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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