2023-11-15T12:29:04-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-01-01 910647005 ECONOMIC ALLIANCE SNOHOMISH COUNTY ECON 4257434567 808 134TH ST SW 101 EVERETT WA 98204 GARRY CLARK JR PRESIDENT 4257434567 2023-11-14 1 GARRY CLARK JR 999009999 0 ALLEN GILBERT CPA P01380103 4252506100 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GARRY CLARK JR 808 134TH ST SW 101 EVERETT WA 98204 2163952 0 X WWW.ECONOMICALLIANCESC.ORG X 1955 WA GROWING AND NURTURING A VITAL REGIONAL ECONOMY THAT IS GLOBALLY COMPETITIVE. 55 55 22 49 6480 0 1833053 1758277 397758 381343 5673 1364 29917 22968 2266401 2163952 0 0 0 0 1211594 1620414 0 0 29551 760318 797612 1971912 2418026 294489 -254074 2270851 2710036 314996 1008255 1955855 1701781 X THE ALLIANCE IS COMMITED TO GROWING AND NURTURING A VITAL REGIONALECONOMY THAT IS GLOBALLY COMPETITIVE BY EXPANDING PARTNERSHIPS, DEVELOPING KEY RESOURCES, AND BUILDING THE INFRASTRUCTURE SYSTEMS THAT CREATE LOCAL AND REGIONAL EMPLOYMENT CENTERS. 0 0 1687162 0 397831 THE ORGANIZATION WAS A CATALYST FOR ECONOMIC VITALITY, RESULTING IN STRONGER COMMUNITIES, INCREASED JOB CREATION, EXPANDED EDUCATIONAL OPPORTUNITIES, AND IMPROVED INFRASTRUCTURE. 1687162 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 18 0 1 22 1 1 1 0 0 0 0 0 0 0 X 55 55 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X JENNIFER KAMMEYER 4252484220 808 134TH ST SW 101 EVERETT WA 98204 GARRY CLARK JR PRESIDENT AND CEO 40.00 1.00 X 244806 0 12143 ANADELIA TORRES DIRECTOR OF FINANCE 40.00 1.00 X 101041 0 22539 WENDY POISCHBEG VP OF ECONOMIC DEVELOPMENT 40.00 X 100853 0 20973 RICH WHITE CHAIR 1.00 1.00 X X 0 0 0 PAUL DOLAN IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 DAN GAFFNEY VICE CHAIR 1.00 1.00 X X 0 0 0 SCOTT STRAND SECRETARY 1.00 1.00 X X 0 0 0 NANCY EKREM TREASURER 1.00 1.00 X X 0 0 0 BILL AKERS BOARD MEMBER 1.00 X 0 0 0 RUDI ALCOTT BOARD MEMBER 1.00 X 0 0 0 GUSTAVO BALDERAS BOARD MEMBER 1.00 X 0 0 0 ALISON BRYNELSON BOARD MEMBER 1.00 X 0 0 0 ANDY BUCHAN BOARD MEMBER 1.00 X 0 0 0 DARRELL CAIN BOARD MEMBER 1.00 X 0 0 0 JOHN CHELMINIAK BOARD MEMBER 1.00 X 0 0 0 TERRY COX BOARD MEMBER 1.00 X 0 0 0 JOHN DICKSON BOARD MEMBER 1.00 X 0 0 0 CRYSTAL DONNER BOARD MEMBER 1.00 X 0 0 0 AMY DREWEL BOARD MEMBER 1.00 X 0 0 0 MARK DUFFY BOARD MEMBER 1.00 X 0 0 0 SARAH DUNCAN BOARD MEMBER 1.00 X 0 0 0 JOY EMORY BOARD MEMBER 1.00 X 0 0 0 KRISTIN ESTERBERG BOARD MEMBER 1.00 X 0 0 0 CASSIE FRANKLIN BOARD MEMBER 1.00 X 0 0 0 CHRISTINE FRIZZELL BOARD MEMBER 1.00 X 0 0 0 JOHN HAARLOW BOARD MEMBER 1.00 X 0 0 0 SHUBERT HO BOARD MEMBER 1.00 X 0 0 0 RIC IILGENFRITZ BOARD MEMBER 1.00 X 0 0 0 SCOTT KENNEDY BOARD MEMBER 1.00 X 0 0 0 ROBERT KNOLL BOARD MEMBER 1.00 X 0 0 0 TOM LANE BOARD MEMBER 1.00 X 0 0 0 LISA LEFEBER BOARD MEMBER 1.00 X 0 0 0 MARK LEWINSKI BOARD MEMBER 1.00 X 0 0 0 BRYAN MCDONALD BOARD MEMBER 1.00 X 0 0 0 JOSHUA MENZEL BOARD MEMBER 1.00 X 0 0 0 JON NEHRING BOARD MEMBER 1.00 X 0 0 0 NATE NEHRING BOARD MEMBER 1.00 X 0 0 0 MIKE NELSON BOARD MEMBER 1.00 X 0 0 0 PAUL PITRE BOARD MEMBER 1.00 X 0 0 0 DAVID PRESTON BOARD MEMBER 1.00 X 0 0 0 SABAH RANDHAWA BOARD MEMBER 1.00 X 0 0 0 DARREN REDICK BOARD MEMBER 1.00 X 0 0 0 PETER ROGOFF BOARD MEMBER 1.00 X 0 0 0 IAN SALTZMAN BOARD MEMBER 1.00 X 0 0 0 MEL SHELDON BOARD MEMBER 1.00 X 0 0 0 AMIT SINGH BOARD MEMBER 1.00 X 0 0 0 DAVE SOMERS BOARD MEMBER 1.00 X 0 0 0 LOIS LANGER THOMPSON BOARD MEMBER 1.00 X 0 0 0 BARB TOLBERT BOOARD MEMBER 1.00 X 0 0 0 EDUARDO TORRES BOARD MEMBER 1.00 X 0 0 0 BILL TSOUKALAS BOARD MEMBER 1.00 X 0 0 0 PEYTON TUNE BOARD MEMBER 1.00 X 0 0 0 DOUG PURCELL BOARD MEMBER 1.00 X 0 0 0 WENDY WEIKER BOARD MEMBER 1.00 X 0 0 0 SCOTT WOERMAN BOARD MEMBER 1.00 X 0 0 0 A NEEPAPORN BOARD MEMBER 1.00 X 0 0 0 446700 0 55655 3 0 1 0 SCG I-5 QUADRANT LLC 8201 164TH AVE NE 105 REDMOND WA 98052 115719 1 902513 563510 292254 1758277 EVENT AND SPONSORSHIP 541610 200263 200263 REIMBURSED EXPENSES 900099 174600 174600 MANAGEMENT SERVICES 541200 6480 6480 381343 1364 1364 MISCELLANEOUS INCOME 900099 22968 22968 22968 2163952 397831 6480 1364 360489 92245 268244 1066054 890750 153084 22220 12817 12006 498 313 65276 48549 15581 1146 115778 80299 33657 1822 15524 15524 89318 89318 166037 136548 29489 24501 22524 1977 48687 33767 14154 766 8210 8210 130975 90839 38075 2061 39644 37666 1978 34535 23952 10040 543 924 924 7597 7597 EVENT EXPENSES 155120 155120 DUES & SUBSCRIPTIONS 43250 29997 12573 680 STEM EXPENSES 32900 32900 OTHER 390 390 2418026 1687162 701313 29551 181366 149942 1167517 894083 82603 90318 798240 922600 30456 33853 39882 31479 5590 8403 5079 610837 2270851 2710036 138375 170526 21589 68773 155032 768956 314996 1008255 X 1706980 1534376 248875 167405 1955855 1701781 2270851 2710036 -254074 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 29827 21424 8403 10055 10055 0 8403 SECURITY DEPOSIT 5079 EMPLOYEE ADVANCES 1584 RIGHT OF USE ASSET, NET 604174 610837 AMBASSADOR FUNDS 1341 PASSTHROUGH LIABILITY 105446 LEASE LIABILITY 662169 768956 X PART X, LINE 2: THE ALLIANCE, AS A TAX-EXEMPT ORGANIZATION, FILES AN ANNUAL FEDERAL INFORMATION RETURN (FORM 990). THE ALLIANCE FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION TOPIC 740, INCOME TAXES (TOPIC 740). TOPIC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ALLIANCE'S TAX POSITIONS AND CONCLUDED THAT THE ALLIANCE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X X X 0 0 0 1 0 0 0 0 0 GARRY CLARK JR PRESIDENT AND CEO 202200 0 42606 0 0 0 11121 0 1022 0 256949 0 0 0 PART I, LINE 5 THE CEO MAY RECEIVE AN ANNUAL BONUS THAT IS BASED ON MEASUREMENT CRITERIA IN HIS EMPLOYMENT AGREEMENT. FORM 990, PART III, LINE 1: THE ALLIANCE IS COMMITTED TO GROWING AND NURTURING A VITAL REGIONAL ECONOMY THAT IS GLOBALLY COMPETITIVE. THE ALLIANCE WILL ACHIEVE THIS BY EXPANDING PARTNERSHIPS, DEVELOPING KEY RESOURCES, AND BUILDING THE INFRASTRUCTURE SYSTEMS THAT CREATE LOCAL AND REGIONAL EMPLOYMENT CENTERS. FORM 990, PART VI, SECTION A, LINE 1A EASC'S EXECUTIVE COMMITTEE CONSISTS OF FIVE BOARD OFFICERS AND SIX AT-LARGE MEMBERS, TWO OF WHICH SHALL BE SELECTED FROM THE CHAIRS OF ANY SUB-BOARDS OR STANDING COMMITTEES ESTABLISHED BY EASC'S BOARD. THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ALL OF THE POWERS AND FUNCTIONS OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND DIRECTION OF EASC, EXCEPT AS NOTED IN SECTION 4.11 OF THE EASC BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 DUE TO THE NATURE OF THE ORGANIZATION, MANY BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS WITH OTHER BOARD MEMBERS. THESE ARE ALL ARMS-LENGTH TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE EASC TO PROHIBIT ITS EMPLOYEES FROM ENGAGING IN ANY ACTIVITY, PRACTICE, OUTSIDE EMPLOYMENT OR ACTS WHICH CONFLICT WITH, OR APPEAR TO CONFLICT WITH, THE PERFORMANCE OF THEIR JOB THE INTEREST OF THE EASC, ITS CONTRACTORS, OR ITS FUNDING AGENCIES. EMPLOYEES ARE EXPECTED TO REPRESENT THE EASC IN A POSITIVE AND ETHICAL MANNER. EMPLOYEES WILL AVOID SITUATIONS THAT GIVE RISE TO A SUGGESTION THAT ANY DECISION WAS INFLUENCED BY PREJUDICE, BIAS, SPECIAL INTEREST, OR PERSONAL GAIN. EMPLOYEES HAVE AN OBLIGATION TO AVOID CONFLICT OF INTEREST AND TO REFER QUESTIONS AND CONCERNS ABOUT CONFLICT TO THEIR SUPERVISOR. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS REVIEWED AND APPROVED BY AN INDEPENDENT EXECUTIVE COMMITTEE USING COMPARABLE SALARY INFORMATION ACROSS THE NON-FOR-PROFIT SECTOR. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION DOES MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: EASC HAS AN INTERNAL DIRECTOR OF FINANCE WHO IS POINT OF CONTACT DURING THE ANNUAL AUDIT OF EASC'S CONSOLIDATED BASIS FINANCIAL STATEMENTS, EASC'S FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS BEFORE THEY ARE FINALIZED FOR DISTRIBUTION. EASC'S EXECUTIVE COMMITTEE AND FINANCE COMMITTEE TOGETHER ASSUME RESPONSIBILITY FOR SELECTION OF AN INDEPENDENT AUDIT FIRM, THIS AUDIT FIRM SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEARS EASC CENTER FOR BUSINESS AND EMPLOYMENT DEVELOPMENT 808 134TH STREET 101 EVERETT WA 98204 911267752 ECONOMIC DEVELOPMENT WA 501(C)(3) LINE 7 ECONOMIC ALLIANCE SNOHOMISH COUNTY 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ECONOMIC ALLIANCE SNOHOMISH COUNTY CENTER FOR BUSINESS AND EMPLOYMENT Q 179600 CASH RECEIVED ECONOMIC ALLIANCE SNOHOMISH COUNTY CENTER FOR BUSINESS AND EMPLOYMENT D 846560 BALANCE DUE