Cowlitz Economic Development Council

Membership association Longview, WA Since 1988 EIN 91-1154753
Revenue
$544K
▲ +37%
FY2025 · Pt VIII · Ln 12
Expenses
$535K
▲ +23%
FY2025 · Pt IX · Ln 25
Net assets
$103K
FY2025 · Pt X · Ln 32
To programs
58%
FY2025 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2025
Revenue
$544K
FY2025▲ +37%
Expenses
$535K
FY2025▲ +23%

a membership association based in Longview, WA, formed in 1988.

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Tax-deductible?
No
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Yes — filed FY2025
Foundation funders?
1 funder — Washington State Microenterprise Association
$5K in the latest grant year. Details →
Spent on programs?
58% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M
↑ +37% vs prior year Details →

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).


Cowlitz Economic Development Council is a membership association based in Longview, WA, formed in 1988.

Founded
1988
Type
Membership association · Nonprofit
Location
Longview, WA
Website
www.cowlitzedc.com
Filings
6 on file (2020–2025)
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Provided by the organization

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Where the money goes · FY2025
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.42
Operating surplus
+2%
revenue over expenses▲ +116% vs prior filing year
Earned revenue
22%
of revenue from program services & dues▼ -20% vs prior filing year
Payroll share
70%
of spending is salaries & benefits▼ -16% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$125K
FY2025▲ +27%
Total liabilities
$22K
FY2025▲ +407%
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 338
Independent voting membersPt I · Ln 438

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CCowlitz Economic Development Council
EINHdr · item D91-1154753
Principal addressHdr · item CLongview, WA
WebsiteHdr · item Jwww.cowlitzedc.com
Year of formationHdr · item L1988
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1982

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a38
Independent voting membersPt VI · Ln 1b38
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$171,074Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Edward Sprague$171,074$167,280$161,649$150,683$142,657$139,657

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

1 program service account for $313K of program spending, described in the organization's own filed words · FY2025.
01

Facilitate job creation and manage growth in the community by recruiting new employers to the area, working with existing employers and overall business and infrastructure development. The CEDC continued to work on a variety of projects and programs involving the public and private sector.

$313Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$424K · 78%
Program service revenue$118K · 22%
Contributions & grants78%$424K
Program service revenue22%$118K
Investment income$2K
— government grantsLn 1e$148K
Total revenueLn 12$544K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.42
Program services58%$313K
Management & general42%$222K
Total functional expensesLn 25$535K

Balance Sheet

Part X · end of year
CashLn 1$124K
Total assetsLn 16$125K
Total liabilitiesLn 26$22K
Total net assetsLn 32$103K
Months of cash on handcomputed2.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $124K · Operating expenses/yr $535K
2.8 months
Where the money goes
Program services
Program services $313K · Total expenses $535K
58%
Management & General
Management & general $222K · Total expenses $535K
42%
Fundraising
Fundraising $0 · Total expenses $535K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $247K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $424K · Total revenue $544K
78%
Government reliance
Government grants $148K · Total revenue $544K
27%
Earned-income share
Program service revenue $118K · Total revenue $544K
22%
Investment reliance
Investment income $2K · Total revenue $544K
+0.4%
Program self-sufficiency
Program service revenue $118K · Total expenses $535K
22%
Growth & trend
Revenue growth (YoY)
This year $544K · Prior year $396K
+37%
Revenue CAGR
FY2020 $458K · FY2025 $544K
+3%
Net-asset trend (YoY)
End of year $103K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $544K · Expenses $535K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
—
Net-asset ratio
Net assets $103K · Total assets $125K
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $125K
0%
People & payroll
Highest Reported Total Compensation
Individual Edward Sprague · Reported title President · Highest reported compensation $171K · Total expenses $535K
32%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $374K · Total expenses $535K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%——
Overhead ratio 42%——
Revenue growth 37%——

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 · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$5K

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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
FY2025 (Latest)$544K revenue · viewing · ⤓ 990 PDF
FY2024$396K revenue · ⤓ 990 PDF
FY2023$386K revenue · ⤓ 990 PDF
FY2022$346K revenue · ⤓ 990 PDF
FY2021$389K revenue · ⤓ 990 PDF
FY2020$458K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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