philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Tri-City Development Council INC

Not tax-deductible

Kennewick, WA501(c)(6)EIN 91-6053966Revenue $1.6M in FY2024

On file with the IRStridec.org7130 W Grandridge Blvd Ste A, 99336-7725 · Kennewick, WATax-exempt since Sep 1964

This page gets seen. Tell your story. Claim this org.

It is the mission of TRIDEC to improve the economic health of the Tri-Cities area.To achieve this mission, TRIDEC promotes economic diversification, facilitates job creation and retention, pursues new federal missions to support stability in federally funded operations and advocates and leads the Tri-Cities community on issues of economic importance.

Run by 145 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $93K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 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
$209K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
17 mo
of spending, in cash
Looks good: 17.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$187K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
39
of 39 voting members
Looks good: 39 of 39 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-35% vs prior year
Spent
$1.5M
To programs
0%
Net assets
$2.7M
By yearFY2020–FY2024
Revenue
$1.6M
FY2024▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.1M
FY2022$1.2M
FY2023$2.5M
FY2024$1.6M
Expenses
$1.5M
FY2024▼ -46%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$1.2M
FY2022$1.3M
FY2023$2.8M
FY2024$1.5M
Net assets
$2.7M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.2M
FY2021$3.1M
FY2022$3.0M
FY2023$2.6M
FY2024$2.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1964.

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

Who runs it and what they're paid

40 people listed on the 990; $209K paid to officers and key staff.

Part VII, Section A · reportable compensation
Karl Dye
President & CEO
$209,255Pt VII · Sec A
$0Pt VII · Sec A
Steven Ashby
Director
$0Pt VII · Sec A
Eric Pearson
Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Luis Ojeda
Secretary
$0Pt VII · Sec A
Emily McCann
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Karl Dye$209,255$205,876$179,226$174,948$119,565
Carl Adrian————$50,319

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 Tri-City Development Council INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 economic growth in southeastern Washington by recruiting new industries, diversifying the local economy, creating jobs, and advocating for regional business opportunities.

Questions for Tri-City Development Council INC

Tap to ask. Tri-City Development Council INC sees how many people are interested.

Your first name shows with your question. Tri-City Development Council INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2024
01

Economic development of the tri-cities (pasco, kennewick, richland, & west richland) and the surrounding areas of southeastern washington state through promotion, recruitment, and diversification of the economic base. Improvement of economic conditions and business opportunities to almost 300 members.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 18 grants · $2.4M · 2020–2024
Prosser Economic Development AssociationWA · FY2024$25,000
Benton City RevitalizationFY2024$15,000
Ultra Safe Nuclear CorpFY2023$625,030
Darigold INCFY2023$250,000
Ati Specialty Alloys & ComponFY2023$250,000
Oco INCFY2023$180,037
Individual RecipientFY2023$150,000
Chica Dorada Fashion LLCFY2023$56,952
Individual RecipientFY2023$50,000
Prosser Economic Development AssociationWA · FY2023$15,000
Benton City RevitalationFY2023$9,000
Stitch a Logo Custom EmbroideFY2023$5,052
Prosser Economic Development AssociationWA · FY2022$20,000
Benton City RevitalationFY2022$12,000
Prosser Economic Development AssociationWA · FY2021$20,000
69 Local Business in Benton CFY2020$501,588
Preferred Freezer Service LLCFY2020$150,000
Prosser Economic Development AssociationWA · FY2020$25,000

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.2M
Gifts and grantsLn 1h$329K
Investment incomeLn 3$72K
Money outPt IX
$1.5M
Ln 25
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$2.9M
LiabilitiesLn 26$187K
PeoplePt VI, VII
40
listed · VII A
PaidVII A1
Voting boardVI 1a39
IndependentVI 1b39
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$329K
Government grantsLn 1e$320K
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$72K
Gains on assetsLn 7$0
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$330K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$663K
Total assetsLn 16$2.9M
LiabilitiesLn 26$187K
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 55
VolunteersI 6145
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.3M$2.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3K$3K
Total assetsLn 16$3.0M$2.9M
LiabilitiesLn 26$394K$187K
Net assetsLn 32$2.6M$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$40K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$216K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$613K
Pension plan contributionsLn 8$41K
Other employee benefitsLn 9$89K
Payroll taxesLn 10$110K
Management feesLn 11a$15K
Legal feesLn 11b$1K
Accounting feesLn 11c$3K
Lobbying feesLn 11d$104K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$8K
Advertising and promotionLn 12$2K
Office expensesLn 13$9K
Information technologyLn 14$35K
RoyaltiesLn 15$0
OccupancyLn 16$75K
TravelLn 17$65K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$70K
InterestLn 20$616
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$11K
Other expenses (24a–d)Ln 24$25K
All other expensesLn 24e$0
Total functional expensesLn 25$1.5M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.6M$1.5M$70K$2.7M 990 PDF
FY2023 $2.5M$2.8M−$356K$2.6M 990 PDF
FY2022 $1.2M$1.3M−$148K$3.0M 990 PDF
FY2021 $1.1M$1.2M−$60K$3.1M 990 PDF
FY2020 $1.8M$1.8M$30K$3.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,603,460 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,478,074$329,165
I-9 Program service revenuePrior year $946,084$1,202,076
I-10 Investment incomePrior year $42,651$72,219
I-11 Other revenue$0
I-12 Total revenuePrior year $2,466,809$1,603,460
I-13 Grants and similar amounts paidPrior year $1,591,071$40,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $824,058$1,069,708
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $407,645$423,719
I-18 Total expensesPrior year $2,822,774$1,533,427
I-19 Revenue less expensesPrior year −$355,965$70,033
Part VI · Governance 39 of 39 board members independent, 1 to look at
VI-1a Voting members of the governing body39
VI-1b Independent voting members39
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,603,460 across 10 lines filed
Lines not itemized here account for $18,000 of total revenue; see the IRS return.
VIII-1e Government grants$320,115
VIII-1f All other contributions, gifts and grants$9,050
VIII-1h Total contributions, gifts and grants$329,165
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,184,076$1,184,076
VIII-3 Investment incomeExcluded from tax $72,219$72,219
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,202,076 · Excluded from tax $72,219$1,603,460
Part IX · Statement of functional expenses $1,533,427 across 31 lines filed
IX-1 Grants to domestic organizations$40,000
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$215,739
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$613,271
IX-8 Pension plan contributions$41,451
IX-9 Other employee benefits$89,249
IX-10 Payroll taxes$109,998
IX-11a Management fees$14,602
IX-11b Legal fees$1,416
IX-11c Accounting fees$2,574
IX-11d Lobbying fees$103,928
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$8,000
IX-12 Advertising and promotion$1,825
IX-13 Office expenses$9,082
IX-14 Information technology$35,481
IX-15 Royalties$0
IX-16 Occupancy$75,174
IX-17 Travel$65,415
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$69,635
IX-20 Interest$616
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$10,882
IX-24 Other expenses (24a–d)$25,089
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,533,427
Part X · Balance sheet $2,864,237 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $370,642$330,181
X-2 Savings and temporary cash investmentsStart of year $1,941,984$1,867,370
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $3,445$3,445
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $684,541$663,241
X-16 Total assetsStart of year $3,000,612$2,864,237
X-17 Accounts payable and accrued expensesStart of year $393,535$187,127
X-26 Total liabilitiesStart of year $393,535$187,127
X-27 Net assets without donor restrictionsStart of year $1,779,494$1,802,533
X-28 Net assets with donor restrictionsStart of year $827,583$874,577
X-32 Total net assets or fund balancesStart of year $2,607,077$2,677,110
X-33 Total liabilities and net assetsStart of year $3,000,612$2,864,237
Part XI · Reconciliation of net assets $2,677,110 net assets at year end
XI-1 Total revenue$1,603,460
XI-2 Total expenses$1,533,427
XI-3 Revenue less expenses$70,033
XI-4 Net assets at start of year$2,607,077
XI-10 Net assets at end of year$2,677,110

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.