Overview

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Est.

1987

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

Redmond Economic Development Inc (EIN: 94-3059506) is a nonprofit organization dedicated to stimulating economic development in the local area. With an operating budget of $297.5K and total revenue of $313.1K for the 2024 filing year, the organization relies significantly on funding, with the top funder contributing $2.1M. More information about their initiatives can be found on their website, REDIINFO.COM.

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Mission Statement

STIMULATE ECONOMIC DEVELOPMENT IN THE LOCAL AREA.

Cause Areas

1
Economic development
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Financials

2024
Revenues
$313.1K
Expenses
$297.5K
Net Income:
+$15.7K
Assets
$326.5K
Liabilities
$3.2K
Net Assets:
+$323.3K

Financial Trends

2024
Operating Budget
$297.5K
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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Top Funders

Funder
Total Funding
Funding Share
THE ANJULICIA FOUNDATION
Bend, OR, US
$2.1M
< 1%

Grants Received

2022
Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K

Board & Team

S
Steve Curley
Board Member
W
Wendy Every
Board Member
J
John Nielson
Board Member

Frequently Asked Questions

What is REDMOND ECONOMIC DEVELOPMENT INC’s budget?
In 2024, REDMOND ECONOMIC DEVELOPMENT INC reported an annual operating budget of around $297 thousand. More detailed financial information is available to registered users.
What causes does REDMOND ECONOMIC DEVELOPMENT INC support?
REDMOND ECONOMIC DEVELOPMENT INC supports work in Economic development.
Where does REDMOND ECONOMIC DEVELOPMENT INC operate?
REDMOND ECONOMIC DEVELOPMENT INC is headquartered in REDMOND, OR.
Who funded REDMOND ECONOMIC DEVELOPMENT INC recently?
In 2022, REDMOND ECONOMIC DEVELOPMENT INC received grants from THE ANJULICIA FOUNDATION and THE ANJULICIA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant REDMOND ECONOMIC DEVELOPMENT INC received in 2022?
The largest grant to REDMOND ECONOMIC DEVELOPMENT INC in 2022 exceeds $10 thousand.
What is REDMOND ECONOMIC DEVELOPMENT INC’s reliance on government grants?
REDMOND ECONOMIC DEVELOPMENT INC relied on government grants for more than 55% of their total revenue in 2024.