Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1993.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
28 people listed on the 990; $643K paid to officers and key staff.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Michael Cade | $171,275 | $156,163 | $144,986 | $180,601 | $142,416 |
| Tiffany Scroggs | $127,224 | $116,933 | $105,587 | — | — |
| Heidi McCutcheon | $127,126 | $111,904 | — | — | — |
| Thomas R Meade | $110,206 | — | — | — | — |
| Kathleen Hoy | $106,911 | — | — | — | — |
| Thomas Meade | — | $106,850 | — | — | — |
| Gene Angel | — | $101,148 | — | — | — |
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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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 15aYes
Programs and updates
Promotes sustainable economic growth, investment, and job creation in Thurston County by providing recovery grants to local businesses, particularly child care providers.
Questions for Thurston County Economic Development Council
Your first name shows with your question. Thurston County Economic Development Council answers here, for everyone.
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Apex acceleratorapex accelerator provides comprehensive support to businesses seeking to win government contracts and subcontracts. The one-on-one technical assistance includes bid reviews, marketing assistance, contract performance, small business certifications, and more.
Thurston strongthe thurston strong economic response and recovery initiative is supported by funding from the U.S. Department of the treasury under the coronavirus state and local fiscal recovery funds award as provided by the american rescue plan act. In 2024, over $1,800,000 went to grant awardees specific to child care businesses.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $25K | $186K |
| Land, buildings, equipmentLn 10c | $0 | $5K |
| Total assetsLn 16 | $994K | $1.1M |
| LiabilitiesLn 26 | $636K | $686K |
| Net assetsLn 32 | $358K | $408K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $583K | $583K | ||
| Grants to domestic individualsLn 2 | $1.3M | $1.3M | ||
| Pay of current officers, directors and key staffLn 5 | $171K | $96K | $76K | |
| Other salaries and wagesLn 7 | $1.5M | $851K | $672K | |
| Pension plan contributionsLn 8 | $36K | $11K | $24K | |
| Other employee benefitsLn 9 | $149K | $48K | $101K | |
| Payroll taxesLn 10 | $128K | $41K | $87K | |
| Accounting feesLn 11c | $24K | $8K | $16K | |
| Other fees for servicesLn 11g | $1.3M | $1.2M | $23K | |
| Advertising and promotionLn 12 | $64K | $27K | $37K | |
| Office expensesLn 13 | $23K | $2K | $20K | |
| Information technologyLn 14 | $31K | $10K | $21K | |
| OccupancyLn 16 | $60K | $2K | $58K | |
| TravelLn 17 | $69K | $29K | $40K | |
| Conferences, conventions and meetingsLn 19 | $264K | $264K | ||
| InterestLn 20 | $876 | $876 | ||
| Depreciation, depletion and amortizationLn 22 | $1K | $1K | ||
| InsuranceLn 23 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $122K | $90K | $32K | |
| Total functional expensesLn 25 | $5.8M | $4.6M | $1.2M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $5.9M | $5.8M | $50K | $408K | 990 PDF |
| FY2023 | $4.3M | $4.3M | $46K | $358K | 990 PDF |
| FY2022 | $8.4M | $8.3M | $91K | $313K | 990 PDF |
| FY2021 | $3.4M | $3.4M | −$14K | $222K | 990 PDF |
| FY2020 | $11.4M | $11.1M | $285K | $236K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $5,872,013 revenue, 12 lines filed
Part VI · Governance 23 of 23 board members independent, no flags
Part VIII · Statement of revenue $5,872,013 across 8 lines filed
Part IX · Statement of functional expenses $5,822,485 across 19 lines filed
Part X · Balance sheet $1,094,093 assets, 12 lines filed
Part XI · Reconciliation of net assets $407,998 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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