Thurston County Economic Development Council
Promotes sustainable economic growth, investment, and job creation in Thurston County by providing recovery grants to local businesses, particularly child care providers. For fiscal year 2024 it reported $5.9M in revenue, $5.8M in expenses, and $408K in net assets.Pt I
- Founded
- 1981
- Type
- Membership association · Nonprofit
- Location
- Lacey, WA
- Website
- www.thurstonedc.com
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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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Where the work happens
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 35% | — | — |
| Accounting fee ratio | 0.4% | — | — |
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
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Filings & Schedule Manifest
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Sources
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