Overview

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Est.

1987

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Economic Development Corp of Utah is a nonprofit organization dedicated to catalyzing quality jobs and capital investment throughout Utah. With an operating budget of $2.9 million and total revenue of $2 million for the 2024 filing year, the organization actively promotes economic development and business growth in the region. Notably, it receives significant funding from various sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.edcutah.com.

Mission Statement

TO CATALYZE QUALITY JOBS AND CAPITAL INVESTMENT THROUGHOUT UTAH.
Revenues
$2M
Expenses
$2.9M
Net Income:
-$812.9K
Assets
$3.5M
Liabilities
$791K
Net Assets:
+$2.7M
Operating Budget
$2.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$25K
Largest grant received
$25K
S
Scott Cuthbertson
Board Member
J
Jill Kirsling
Board Member
C
Christy Alter
Board Member

Frequently Asked Questions

What is ECONOMIC DEVELOPMENT CORP OF UTAH’s budget?
In 2024, ECONOMIC DEVELOPMENT CORP OF UTAH reported an annual operating budget of around $2.9 million. More detailed financial information is available to registered users.
What causes does ECONOMIC DEVELOPMENT CORP OF UTAH support?
ECONOMIC DEVELOPMENT CORP OF UTAH supports work in Economic development and Business promotion.
Where does ECONOMIC DEVELOPMENT CORP OF UTAH operate?
ECONOMIC DEVELOPMENT CORP OF UTAH is headquartered in Salt Lake City, UT.
Who funded ECONOMIC DEVELOPMENT CORP OF UTAH recently?
In 2022, ECONOMIC DEVELOPMENT CORP OF UTAH received grants from IHC HEALTH SERVICES INC and Walton Family Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant ECONOMIC DEVELOPMENT CORP OF UTAH received in 2022?
The largest grant to ECONOMIC DEVELOPMENT CORP OF UTAH in 2022 exceeds $25 thousand.
What is ECONOMIC DEVELOPMENT CORP OF UTAH’s reliance on government grants?
ECONOMIC DEVELOPMENT CORP OF UTAH relied on government grants for more than 35% of their total revenue in 2024.