Erie Economic Development Council

Nonprofit profile at a glance

EIN
861738444
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Erie, CO, USA
Phone
7202779255
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$141,442
Expenses
$126,893
Assets
$84,243

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • Dan Gump (Director)
  • Kaleen Royale (Director)
  • Victoria Meyer (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Erie Economic Development Council (EEDC) performs the following activities in furtherance of its purpose: 1)Hosting and promotion of networking events to promote local businesses and highlight those qualities of Erie that will attract new businesses and employers to the community 2) Provide educational programs for EEDC and local business community members with a focus on sustainable and balanced economic development to encourage growth while supporting current businesses and employers 3) Fundraise through membership drives. Each of the activities will be performed by EEDC members with the assistance and direction of the Board.

What it reported doing in 2025

Hosted eleven networking and educational events to promote local businesses to the community and recruit new businesses to the Town of Erie. Through our social media platforms helped our business members gain exposure to and promotion for their businesses.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 5
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 8.4%; rating input score 8
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 10.3%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 29.3% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 15.9% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 8.4% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.