Clark County Ecomomic Development Corporation FY2021 filing

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Clark County economic Development Corporation is the primary agency in Clark County responsible for creating new jobs and investment in the County. Programs are designed to support and promote economic Development with the County. Primarily by attracting new industries, assisting in the Development, retention and expansion of businesses and assisting communities in preparing for economic Development. Ccedc also serves as the county's tourism center.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$59K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $4K a year · 2% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$59K
to officers and key staff · 30% of spending
Worth a look: pay to officers and key staff is 30% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$11K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 33 voting members
Looks good: 33 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$207K
+10% vs prior year
Spent
$196K
To programs
0%
Net assets
$41K
By yearFY2020–FY2025
Revenue
$207K
FY2021▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$189K
FY2021$207K
FY2022$197K
FY2023$183K
FY2024$181K
FY2025$174K
Expenses
$196K
FY2021▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$173K
FY2021$196K
FY2022$211K
FY2023$196K
FY2024$192K
FY2025$189K
Net assets
$41K
FY2021▲ +37%
Tap a bar for its year
Net assets by fiscal year
FY2020$30K
FY2021$41K
FY2022$27K
FY2023$15K
FY2024$4K
FY2025−$928

From the FY2021 Form 990 · see the original

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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 Mar 1991.

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

Who runs it and what they're paid

34 people listed on the 990; $59K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$58,800Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sheila Nyberg$58,800$58,800$58,800$57,036$58,800$60,954

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.

See Clark County Ecomomic Development Corporation executive salaries →

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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

Boosts employment and expands the tax base to create economic vitality for residents, businesses, and municipalities.

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Provided by the organization

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3 programs · in their own filed words · FY2021
01

Economic Development

Assisted with site locations, funding, business planning and packaging for new and expanding businesses in our county. Coordinated with county workforce teams to evaluate county needs for open jobs - including recruitment, company and job retetntion, housing, day care needs, etc.

Pt IX · col B
02

COVID-19 conntinues to place clark county edc into an extensive communication network leadship role as the hub for health and safety and survival funding sourcing during the pandemic emergency. The organization was communicator between RESOURCES/ASSISTANCE opportunities - to all business, community, residents, and tourism.

Pt IX · col B
03

Continued to assist citizens, communities and county development needs, advertising and marketing clark county. Through tourism, we united communities and improved the quality of life. We added special projects that could be held during the pandemic.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$207K
Ln 12
Fees for servicesLn 2g$149K
Gifts and grantsLn 1h$59K
Investment incomeLn 3$37
Money outPt IX
$196K
Ln 25
Owns and owesPt X
$41K
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$52K
LiabilitiesLn 26$11K
PeoplePt VI, VII
34
listed · VII A
PaidVII A1
Voting boardVI 1a33
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$59K
Noncash giftsLn 1g$14K
Fees for servicesLn 2g$149K
Investment incomeLn 3$37
Total revenueLn 12$207K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$8K
Land, buildings, equipmentLn 10c$693
Total assetsLn 16$52K
LiabilitiesLn 26$11K
Net assetsLn 32$41K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6252
Fiscal year endsHeaderDecember
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
LineStart FY21End FY21
Cash and savingsLn 1–2$30K$8K
Land, buildings, equipmentLn 10c$1K$693
Total assetsLn 16$33K$52K
LiabilitiesLn 26$3K$11K
Net assetsLn 32$30K$41K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$103K
Pension plan contributionsLn 8$2K
Payroll taxesLn 10$8K
Accounting feesLn 11c$4K
Other fees for servicesLn 11g$3K
Advertising and promotionLn 12$18K
Office expensesLn 13$25K
Information technologyLn 14$1K
OccupancyLn 16$2K
TravelLn 17$5K
Conferences, conventions and meetingsLn 19$1K
Depreciation, depletion and amortizationLn 22$649
InsuranceLn 23$2K
Other expenses (24a–d)Ln 24$20K
Total functional expensesLn 25$196K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $174K$189K−$15K−$928 990 PDF
FY2024 $181K$192K−$11K$4K 990 PDF
FY2023 $183K$196K−$13K$15K 990 PDF
FY2022 $197K$211K−$14K$27K 990 PDF
FY2021 Viewing $207K$196K$11K$41K 990 PDF
FY2020 $189K$173K$16K$30K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $207,276 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,461$58,514
I-9 Program service revenuePrior year $153,820$148,725
I-10 Investment incomePrior year $34$37
I-11 Other revenuePrior year $19,562$0
I-12 Total revenuePrior year $188,877$207,276
I-13 Grants and similar amounts paidPrior year $500$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $110,343$113,428
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $62,117$82,737
I-18 Total expensesPrior year $172,960$196,165
I-19 Revenue less expensesPrior year $15,917$11,111
Part VI · Governance 33 of 33 board members independent, 3 to look at
VI-1a Voting members of the governing body33
VI-1b Independent voting members33
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 $207,276 across 6 lines filed
VIII-1f All other contributions, gifts and grants$58,514
VIII-1g Noncash contributions (included above)$14,365
VIII-1h Total contributions, gifts and grants$58,514
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $148,725$148,725
VIII-3 Investment incomeExcluded from tax $37$37
VIII-12 Total revenueRelated to mission $148,725 · Excluded from tax $37$207,276
Part IX · Statement of functional expenses $196,165 across 14 lines filed
IX-7 Other salaries and wages$103,329
IX-8 Pension plan contributions$1,764
IX-10 Payroll taxes$8,335
IX-11c Accounting fees$3,850
IX-11g Other fees for services$2,550
IX-12 Advertising and promotion$17,929
IX-13 Office expenses$25,306
IX-14 Information technology$1,450
IX-16 Occupancy$2,400
IX-17 Travel$4,747
IX-19 Conferences, conventions and meetings$1,212
IX-22 Depreciation, depletion and amortization$649
IX-23 Insurance$2,266
IX-24 Other expenses (24a–d)$20,378
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$196,165
Part X · Balance sheet $52,327 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $5,458$3,106
X-2 Savings and temporary cash investmentsStart of year $24,555$4,600
X-3 Pledges and grants receivable$42,198
X-9 Prepaid expenses and deferred chargesStart of year $1,686$1,730
X-10c Land, buildings and equipment, netStart of year $1,342$693
X-16 Total assetsStart of year $33,041$52,327
X-17 Accounts payable and accrued expensesStart of year $12$4,434
X-19 Deferred revenueStart of year $2,800$6,553
X-26 Total liabilitiesStart of year $2,812$10,987
X-27 Net assets without donor restrictionsStart of year $24,436$38,547
X-28 Net assets with donor restrictionsStart of year $5,793$2,793
X-32 Total net assets or fund balancesStart of year $30,229$41,340
X-33 Total liabilities and net assetsStart of year $33,041$52,327
Part XI · Reconciliation of net assets $41,340 net assets at year end
XI-1 Total revenue$207,276
XI-2 Total expenses$196,165
XI-3 Revenue less expenses$11,111
XI-4 Net assets at start of year$30,229
XI-10 Net assets at end of year$41,340

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

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