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Washington · Nonprofit

ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY

ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY (Washington) receives grants from 2 organizations whose IRS filings report $48,500 to it, the largest being SOUND CREDIT UNION ($42,500). 1 of them have funded it in more than one year.

Revenue FY2024
$1.4M
Funders on record
2
Grants received
$49k
Net assets
$2.6M
1/2 repeat funderspeak grant-dependency 2%
01What it does

What Economic Development Board for Tacoma/Pierce County does

Mission

To promote business development in the tacoma-pierce county region of washington state by helping to retain and attract business in the area and to further economic development.

As stated on its FY2024 Form 990.

Program

  1. The economic development board for tacoma-pierce county (edb) is funded and guided by leaders from the private and public sectors, the investors. Currently, more then 91 investors have committed the resources that enable the edb to deliver cutting edge services to primary businesses looking to create jobs in tacoma-pierce county, washington state, usa. The bottom line is facilitating primary jobs and wealth creation. As a private not-for-profit corporation, the edb bridges the gap between business and government that is often critical to large and small scale economic development projects. Edb has the expertise, connections, and the tools to get the job done.

The program described on its FY2023 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($981k) Expenses 100 ($1.5M) Net assets 100 ($3.9M)2018 Revenue 88 ($859k) Expenses 99 ($1.5M) Net assets 84 ($3.3M)2019 Revenue 89 ($870k) Expenses 98 ($1.4M) Net assets 70 ($2.7M)2020 Revenue 101 ($992k) Expenses 97 ($1.4M) Net assets 58 ($2.3M)2021 Revenue 355 ($3.5M) Expenses 107 ($1.6M) Net assets 108 ($4.2M)2022 Revenue 87 ($855k) Expenses 101 ($1.5M) Net assets 91 ($3.5M)2023 Revenue 277 ($2.7M) Expenses 227 ($3.3M) Net assets 75 ($2.9M)2024 Revenue 138 ($1.4M) Expenses 116 ($1.7M) Net assets 66 ($2.6M)
'17'18'19'20'21'22'23'24
Revenue (138)Expenses (116)Net assets (66)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.3M to $4.3M (+83%).

$3.9M
$3.3M
$2.7M
$2.3M
$4.3M
$3.7M
$3.0M
$2.6M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 18% · 2018 21% · 2019 19%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$490k
’17
−$597k
’18
−$568k
’19
−$440k
’20
$1.9M
’21
−$634k
’22
−$619k
’23
−$344k
’24
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed4445444450465657
Joined·+5+12+6+17+11+15+1
No longer listed·4136111550
03Who funds it

Who funds it, year by year

2017 → 2022: the base held at 1 funder, grant income fell $13k → $6k.

Funder
'17
'19
'20
'21
'22
total
Sound Credit Unionunclassified
$43k
funders
1
2
1
1
1

From the IRS filings of ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY.

88%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 60% · 2020 100% · 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

88% of ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY's grant income comes from Washington funders.

WA
AZ

In-state vs out-of-state, by year

’17
’19
’20
’21
’22
Washington out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

44
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

WA

Screen this organization

A dated, signed PDF of the compliance screen for ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY?
ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY (Washington) receives grants from 2 organizations whose IRS filings report $48,500 to it, the largest being SOUND CREDIT UNION ($42,500). 1 of them have funded it in more than one year.
How many funders does ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY have?
IRS filings report 2 organizations giving $48,500 in grants to ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY, 1 of which have funded it in more than one year.
Who is the largest funder of ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY?
SOUND CREDIT UNION is the largest funder on record, with $42,500 in grants. The full list of funders is on this page.
How can an organization like ECONOMIC DEVELOPMENT BOARD FOR TACOMA/PIERCE COUNTY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing