Loading organization details...
Loading organization details...
Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$9.6M
Total Contributions
$3.3M
Total Expenses
▼$9.4M
Total Assets
$11.4M
Total Liabilities
▼$3.3M
Net Assets
$8M
Officer Compensation
→$1.1M
Other Salaries
$2.2M
Investment Income
▼$79.8K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$38.9M
Awards Found
25
Department of Commerce
$30M
THIS EDA INVESTMENT FUNDS THE ECONOMIC RECOVERY CORPS PROJECT, A COOPERATIVE AGREEMENT BETWEEN THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL, INC. (IEDC) AND ITS PARTNERS, TO CREATE A NATIONAL RECOVERY CORPS PROGRAM DESIGNED TO HIRE AND EMBED FELLOWS IN A VARIETY OF ECONOMIC DEVELOPMENT ORGANIZATIONS, ECONOMIC DEVELOPMENT DISTRICTS, ENTREPRENEURIAL SUPPORT ORGANIZATIONS, COUNTIES AND CITIES. THE FELLOWS WILL HELP REGIONS RECOVER FROM THE CORONAVIRUS PANDEMIC BY INCREASING CAPACITY OF THEIR HOST REGION TO ENGAGE IN LOCAL AND REGIONAL ECONOMIC DEVELOPMENT AND HOW TO ENGAGE WITH FEDERAL OPPORTUNITIES WITH AN APPROACH CENTERED ON EQUITY, OPPORTUNITY, ACCESS AND INCLUSION. OVER THE THREE-YEAR FELLOWSHIP, FELLOWS WILL ALSO BE TASKED WITH BUILDING RELATIONSHIPS AND CONNECTIONS ACROSS THEIR REGION BETWEEN AND AMONG COMMUNITY STAKEHOLDERS. IEDC AND ITS PARTNERS WILL PROVIDE TRAINING TO A COHORT OF AT LEAST 65 FELLOWS, AS WELL AS THE ORGANIZATIONS THAT WILL HOST THE FELLOWS FOR THREE YEARS. A COLLABORATIVE FOCUS WILL ENHANCE THE QUALITY AND COORDINATION OF THE LOCAL AND REGIONAL WORK AS WELL AS INCREASED KNOWLEDGE OF NATIVE AMERICAN ECONOMIC DEVELOPMENT NEEDS FOR NATIVE AMERICAN FELLOWS BOTH ON AND OFF TRIBAL LANDS. THROUGH THE COLLECTIVE PARTNERS, THE KNOWLEDGE THAT IS GAINED WILL BE INTEGRATED INTO THE PRACTICE OF ECONOMIC DEVELOPMENT AND DISSEMINATED TO A SHARED NETWORK OF OVER 23,000 ORGANIZATIONS ACROSS THE UNITED STATES AND TRIBAL LANDS.
Department of Commerce
$800K
THIS EDA INVESTMENT SUPPORTS THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL (IEDC) WITH PROVIDING TECHNICAL ASSISTANCE VIA A TEAM OF STAFF AND ECONOMIC DEVELOPMENT PROFESSIONALS TO EITHER IMPLEMENT OR COMPLETE AN ECONOMIC RECOVERY PLAN, WITH THE EMPHASIS ON IMPLEMENTATION. THE PLAN WILL IDENTIFY WHERE THE LOCAL COMMUNITY’S ECONOMY IS MOST VULNERABLE AND THEN PRIORITIZE NEEDS AND STRATEGIES TO SPUR ECONOMIC RECOVERIES IN THE ALABAMA REGION. STRATEGIES MAY INCLUDE BUSINESS RETENTION, EXPANSION, AND ATTRACTION; ENTREPRENEURIAL AND SMALL BUSINESS DEVELOPMENT; LAND AND PLANNING AND REAL ESTATE REDEVELOPMENT; NEIGHBORHOOD COMMERCIAL REVITALIZATION; WORKFORCE DEVELOPMENT; TECHNOLOGY-LED DEVELOPMENT; STRATEGIC PLANNING FOR ECONOMIC RECOVERY; ECONOMIC RECOVERY PROGRAM DEVELOPMENT; ECONOMIC DIVERSIFICATION STRATEGIES; AND EXPORT AND SUPPLY CHAIN STRATEGIES. ONCE COMPLETED, THE PROJECT WILL PROVIDE TOOLS FOR SUSTAINING RECOVERY TO HELP STRENGTHEN AND DIVERSIFY THE REGIONAL ECONOMY, WHICH WILL ATTRACT PRIVATE INVESTMENT, CREATE JOBS, AND ADVANCE ECONOMIC RESILIENCY THROUGHOUT THE REGION.
Department of Commerce
$351.2K
RECOVERY AND RESILIENCE STRATEGIES FOR PANDEMICS: WHAT WE'VE LEARNED FROM COVID-19
Department of Commerce
$294.7K
THIS EDA INVESTMENT SUPPORTS THE INTERNATIONAL ECONOMIC DEVELOPMENT COUNCIL (IEDC) WITH ESTABLISHING A PROGRAM TO FOCUS ON SMALL BUSINESS DEVELOPMENT AND ENTREPRENEURSHIP, SUSTAINABLE TOURISM RECOVERY, ECONOMIC DIVERSIFICATION, AND WORKFORCE DEVELOPMENT IN THE COMMONWEALTH OF THE NORTHERN MARIANA ISLANDS (CNMI). THE ISLANDS ARE ECONOMICALLY DEPENDENT ON THE PREDOMINANT TOURISM INDUSTRY AND WERE AFFECTED BY THE COVID-19 PANDEMIC, WHICH CAUSED DISRUPTIONS THAT RESULTED IN CHANGES TO TRAVEL OR OTHER ACCESS TO THE ISLANDS. THE CNMI SMALL BUSINESSES ALSO FACE CHALLENGES RELATED TO CAPITAL ACCESS, MARKET-ENTRY, WORKFORCE RETENTION, AND TECHNOLOGICAL BARRIERS. THE PROGRAM WILL HELP ENHANCE LOCAL CAPACITY TO SUPPORT ECONOMIC RECOVERY AND RESILIENCE THROUGH CUSTOMIZED TRAINING OPPORTUNITIES FOR ECONOMIC DEVELOPMENT PROFESSIONALS AND COMMUNITY LEADERS AND ORGANIZES MUCH-NEEDED SUPPORT FOR PROJECTS THAT PROMOTE ECONOMIC RECOVERY AND RESILIENCE GOALS. ONCE COMPLETED, THE PROJECT WILL ASSIST THE REGION WITH RECOVERY EFFORTS FROM THE COVID-19 PANDEMIC, SUPPORT ENTREPRENEURISM, SPUR JOBS CREATION, ATTRACT PRIVATE INVESTMENT, AND ADVANCE ECONOMIC RESILIENCY THROUGHOUT THE ISLANDS.
Department of Commerce
$285K
LOCAL LEADERS ECONOMIC DEVELOPMENT AND RESILIENCY TRAINING FOR THE MISSISSIPPI DELTA REGION
Department of Commerce
$106.1K
IEDC ECONOMIC RECOVERY RESOURCE DEVELOPMENT
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
5
Clean Audits
5
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $9.5M | Yes | 2025-09-25 |
| 2023 | Clean | Unmodified (Clean) | $2.3M | No | 2024-09-19 |
| 2022 | Clean | Unmodified (Clean) | $962.7K | No | 2023-07-18 |
| 2020 | Clean | Unmodified (Clean) | $1.1M | No | 2021-11-16 |
| 2019 | Clean | Unmodified (Clean) | $861.6K | No | 2020-12-08 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$9.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$962.7K
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$861.6K
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $9.6M | $3.3M | $9.4M | $11.4M | $8M |
| 2022 | $11.3M | $4.6M | $8.5M | $12M | $7.8M |
| 2021 | $8.3M | $1.2M | $7.9M | $9.4M | $5M |
| 2020 | $7.3M | $1.1M | $6.7M | $7.7M | $4.6M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| 2019 | $6.4M | $864.7K | $6.5M | $6.5M | $3.5M |
| 2018 | $6.2M | $2.2M | $6.3M | $6M | $3.6M |
| 2017 | $6.4M | $2.2M | $6.4M | $6M | $3.7M |
| 2016 | $6.3M | $2.1M | $6.1M | $6.1M | $3.7M |
| 2015 | $6.3M | $2.5M | $5.9M | $6M | $3.5M |
| 2014 | $6.1M | $2.1M | $5.9M | $5.4M | $3.2M |
| 2013 | $5.5M | $1.8M | $5.2M | $4.8M | $3M |
| 2012 | $5.4M | $1.6M | $5.2M | $4.3M | $2.7M |
| 2011 | $4.7M | $1.4M | $4.7M | $4M | $2.4M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |