Strategic Economic Development Corporation Of The Mid-Willamette Valley

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930810393 ✦ Salem, OR ✦ Designated as a 501(c)(6)

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Overview

What is Strategic Economic Development Corporation Of The Mid-Willamette Valley?

Strategic Economic Development Corporation of the Mid-Willamette Valley, often referred to as SEDCOR, is a nonprofit organization situated in Salem, Oregon. Established in 1982, SEDCOR's primary objective is to foster and diversify the economy of the Mid-Willamette Valley region. It achieves this by offering recruitment, retention, and other services to the cities in the area. SEDCOR collaborates with various partners, including private businesses, public agencies, and community organizations, to create a conducive environment for trade sector jobs and economic growth. With a mission centered on opportunity, SEDCOR values listening first, thinking outside the box, acting with agility, and building to last. This is demonstrated through cultivating strategic relationships and collaborations to attract high-value jobs and investments. SEDCOR also provides member services to support business success.


Official website here: www.sedcor.com

Is Strategic Economic Development Corporation Of The Mid-Willamette Valley legitimate?

Strategic Economic Development Corporation Of The Mid-Willamette Valley is a legitimate nonprofit organization registered as a 501(c)(6) entity. Strategic Economic Development Corporation Of The Mid-Willamette Valley submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $148,585
Professional Fundraising Fees: $0
Other Salaries and Wages: $388,161

For more financial information, click here


Official website here: www.sedcor.com

What is the mission statement of Strategic Economic Development Corporation Of The Mid-Willamette Valley?

The Strategic Economic Development Corporation (SEDCOR) is a nonprofit organization committed to enhancing and diversifying the economy. Established in 1982, SEDCOR has forged positive partnerships with various entities such as industry leaders, nonprofits, and local governments. Its primary focus is to bring high-value jobs and capital investment to the economy, focusing on traded sector jobs and wealth accumulation. SEDCOR's mission is centered on the core values of listening first, thinking outside the box, acting with agility, and building to last. By cultivating relationships and collaborating with partners across sectors, SEDCOR works towards growing and showcasing economic development, providing member services that support business success.


Official website here: www.sedcor.com

Who is the CEO of Strategic Economic Development Corporation Of The Mid-Willamette Valley?

J Michael Keane is the Chair of Strategic Economic Development Corporation Of The Mid-Willamette Valley.


Official website here: www.sedcor.com

What is the revenue of Strategic Economic Development Corporation Of The Mid-Willamette Valley?

Strategic Economic Development Corporation Of The Mid-Willamette Valley's revenue in 2022 was $1,197,091.


Official website here: www.sedcor.com

Who are the executives of Strategic Economic Development Corporation Of The Mid-Willamette Valley and what are their salaries?

The average compensation at Strategic Economic Development Corporation Of The Mid-Willamette Valley during 2022 was $89,458. There are 6 employees and 5 volunteers at Strategic Economic Development Corporation Of The Mid-Willamette Valley.


Here are 45 key members and their salaries:


J Michael Keane (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Schwarzler (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Albritton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Fowler (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Knox (Executive Council - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Murphy (Executive Council - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Snyder (Executive Council - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Stahley (Executive Council - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colm Willis (Executive Council - Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Arthur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Baez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne Beltz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Blood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Christensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Day (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Dehart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Eaquinto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juli Foscoli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Heckert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Horning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Johnk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Kohler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Larsen Morrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Lucas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Parker-Llerenas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Parr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Rasmussen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Raum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rheinholdt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Ridderbusch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Schacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Schaecher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Ulven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wynschenk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Callihan Bowman (Emeritus Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Duncan (Emeritus Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Haskins (Emeritus Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hoyt (Emeritus Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Andersson (President)
  • Compensation: $131,667
  • Related: $0
  • Other: $7,819


Official website here: www.sedcor.com

Where can I find the form 990 for Strategic Economic Development Corporation Of The Mid-Willamette Valley?

Strategic Economic Development Corporation Of The Mid-Willamette Valley's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sedcor.com

Learn more at the official website: www.sedcor.com

Mission Statement of Strategic Economic Development Corporation Of The Mid-Willamette Valley

Strategic Economic Development Corporation of the Mid-Willamette Valley, often referred to as SEDCOR, is a nonprofit organization that has been actively working since 1982. Its primary mission is to enhance and diversify the economy of Marion, Polk, and Yamhill counties. SEDCOR achieves this by forging positive and productive partnerships with various entities, including industry leaders, nonprofits, business advocacy groups, community organizations, educational institutions, state and federal agencies, local governments, and more.

The organization's drive is to bring traded sector jobs and wealth to the local economy. SEDCOR's approach is rooted in its founding values: listening first, thinking outside the box, acting with agility, and building to last. By cultivating relationships and collaborating with partners across sectors, SEDCOR works towards retaining and attracting high-value jobs and capital investment. Additionally, SEDCOR provides member services that support business success, thereby contributing to the overall economic growth of the Mid-Willamette Valley.

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Impact



October, 2024

Strategic Economic Development Corporation of the Mid-Willamette Valley (SEDCOR) significantly impacts the local economy by fostering growth and diversification in Marion, Polk, and Yamhill counties. Since its inception in 1982, SEDCOR has established robust partnerships with a wide range of stakeholders, including industry leaders, community organizations, educational institutions, and government agencies. This collaborative approach enables SEDCOR to effectively attract and retain high-value jobs and stimulate capital investment in the region.

The organization prioritizes enhancing the local economy through a focused strategy to bring traded sector jobs that contribute to wealth generation. SEDCOR’s commitment to listening, innovative thinking, agile action, and building enduring relationships underpins its mission to create opportunities. By organizing numerous networking events attended by over 1,500 participants annually, SEDCOR facilitates connections among business community leaders and promotes collaboration that strengthens the regional economy. Overall, SEDCOR's efforts play a crucial role in enhancing economic vitality and improving community well-being in the Mid-Willamette Valley.



This information is meant to be a general summary of Strategic Economic Development Corporation Of The Mid-Willamette Valley. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,197,091 (2022)
Expenses
$1,072,799 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $392
  • Program Service Revenue: $642,954
  • Gross Receipts: $1,197,091

Assets and Liabilities:

  • Total Assets: $899,705
  • Total Liabilities: $0
  • Net Assets: $899,705

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT INCOME

Revenue

$526,808

EVENTS INCOME

Revenue

$107,221

ADVERTISING INCOME

Revenue

$8,925

Organization Details

Founding Year

1982

Phone

(503) 588-6225

Principal Officer

J Michael Keane

Main Address

626 HIGH STREET NE 200, SALEM, OR, 97301

Website

www.sedcor.com

NTEE Category

Code: S30 - Community improvement

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