Heppner Economic Development Corporation EIN 93-0821168 Form 990 (PDF) Claim this org

Heppner Economic Development Corporation

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Supports local businesses and promotes economic growth through housing initiatives. For fiscal year 2025 it reported $627K in revenue, $1.1M in expenses, and $816K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Heppner, OR
Website
www.heppnerchamber.com/economic-dev
Filings
6 on file (2020–2025)
Revenue
$627KFY2025
Expenses
$1.1M
Net assets
$816K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  93-0821168 Public charity (501(c)(3)) Heppner, OR
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports local businesses and promotes economic growth through housing initiatives.
Leadership
Kim Coil · President
Money in and out
$627K revenue, $1.1M expenses
Bottom line
96% program efficiency
Where the money goes · FY2025
Total revenue
$627K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$816K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$481K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
8.7mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
-77%
revenue over expenses, this year▼ -922% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$627K
FY2025▼ -54%
Expenses
$1.1M
FY2025▼ -25%
Total assets
$816K
FY2025▼ -37%
Total liabilities
$0
FY2025
Total revenue
$627K
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$816K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$481K
Total assetsPt X · Ln 16$816K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHeppner Economic Development Corporation
EINHdr · item D93-0821168
Principal addressHdr · item CHeppner, OR
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S300)
Ruling yearIRS BMFOct 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Heppner Economic Development Corporation executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $1.1M of program spending, described in the organization's own filed words · FY2025.
01

Separate grants to individuals to rehabilitate housing and provide more livable housing in the service area. Stimulate home purchases and economic growth in the service area.

$703Kprogram expense
02

Community enhancement grants of various amounts to a variety of groups, organizations and municipalities to better the environment of the service area.

$365Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$626K
Investment income$595
Total revenueLn 12$627K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$1.1M
Management & general4%$41K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$805K
Total assetsLn 16$816K
Total liabilitiesLn 26$0
Total net assetsLn 32$816K
Months of cash on handcomputed8.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $805K · Operating expenses/yr $1.1M
8.7 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.1M
96%
Management & General
Management & general $41K · Total expenses $1.1M
4%
Fundraising
Fundraising $0 · Total expenses $1.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $209K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $626K · Total revenue $627K
100%
Government reliance
Government grants — · Total revenue $627K
Earned-income share
Program service revenue $0 · Total revenue $627K
0%
Investment reliance
Investment income $595 · Total revenue $627K
+0.09%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $627K · Prior year $1.4M
-54%
Revenue CAGR
FY2020 $1.3M · FY2025 $627K
-14%
Net-asset trend (YoY)
End of year $816K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $627K · Expenses $1.1M
-77%
Liabilities-to-Assets
Total liabilities — · Total assets $816K
Net-asset ratio
Net assets $816K · Total assets $816K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $816K
0%
People & payroll
Highest Reported Total Compensation
Individual Kim Coil · Reported title President · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $1.1M
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -54%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.4%
Fundraising fee ratio 0%

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 · this organization's grantmaking
Grants paid · 155 grants · $4.6M · 2020–2025
Columbia Basin Gen ConstructFY2025$338,234
Heppner Day Care INCOR · FY2025$57,470
Neighborhood Center South McFY2025$50,250
Willow Creek Park DistrictFY2025$50,000
Allred LandworxFY2025$46,591
Cabinets Floors & More INCFY2025$43,720
Heppner Little LeagueFY2025$40,530
Heppner Housing AuthorityFY2025$40,000
Heppner Community FoundationOR · FY2025$34,337
Willow Creek Assisted LivingFY2025$30,000
Clyde Marie Estes TrusteeFY2025$30,000
Keith ScottFY2025$25,000
Toni YoungFY2025$24,286
Tate GentryFY2025$20,000
Rod Wilson Construction ServiFY2025$20,000
McKenzie BaileyFY2025$20,000
Lancaster FencingFY2025$17,800
Heppner Chamber of CommerceOR · FY2025$17,700
See all 155 grants →

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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)$627K revenue · viewing · ⤓ 990 PDF
FY2024$1.4M revenue · ⤓ 990 PDF
FY2023$783K revenue · ⤓ 990 PDF
FY2022$597K revenue · ⤓ 990 PDF
FY2021$112K revenue · ⤓ 990 PDF
FY2020$1.3M 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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