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EIN 86-2359494

Economic Development Corporation of Utah Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Salt Lake City
State
Utah
Year formed
2021
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
The Economic Development Corporation of Utah Foundation serves as a catalyst for quality job growth and increased capital investment in the state. The Center for Economic Opportunity and Belonging, located in Salt Lake City, UT, leads the private sector commitment to advance Utah Compact's principles on racial equity, diversity, and inclusion by working alongside government and communities of color. The Center focuses on promoting economic opportunity and belonging in the state.
Related structure
Economic Development Corporation of Utah Foundation is a subordinate organization under Economic Development Corporation of Utah (EDCU).
Total revenues
$465,280
2023
Total expenses
$498,099
2023
Total assets
$20,413
2023
Num. employees
2
2023

Program areas at Economic Development Corporation of Utah Foundation

The center for Economic opportunity and belonging serves as the private sector commitment to work alongside government and communities of color to advance the principles outlined in the Utah compact on racial equity, diversity, and inclusion. The center focuses on advancing Economic equity and strengthening community cohesiveness by fostering an environment of belonging for all utahns.

Grants made by Economic Development Corporation of Utah Foundation

GranteeGrant descriptionAmount
The Center for Equity Opportunity and BelongingDei Initiatives$144,401

Who funds Economic Development Corporation of Utah Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Walton Family FoundationTo Advance Community-Driven Change Through A Targeted Strategic Planning Process and the Creation of A Community-Driven Equity Fund To Impact Opportunity for Youth in Utah.$216,391

Personnel at Economic Development Corporation of Utah Foundation

NameTitleCompensation
Scott CuthbertsonBoard Member$0
Ze Min XiaoDirector$92,592

Financials for Economic Development Corporation of Utah Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$465,280
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$465,280

Form 990s for Economic Development Corporation of Utah Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-12990View PDF
2022-062023-05-09990EZView PDF
2021-062023-04-06990EZView PDF
2020-122021-11-06990EZView PDF

Organizations like Economic Development Corporation of Utah Foundation

OrganizationLocationRevenue
Thurston Economic Development Council Center for Business and InnovationLacey, WA$1,866,030
Bridgeport Economic Development CorporationBridgeport, CT$347,886
Greater Waukegan Development CoalitionWaukegan, IL$746,640
Cherokee Farm Development CorporationKnoxville, TN$1,152,870
Eden Economic Development CorporationEden, TX$144,094
Lincoln County Economic Development FoundationLincoln, KS$189,950
White Earth Investment InitiativeOgema, MN$2,160,272
Marshall Area Economic Development Alliance (MAEDA)Marshall, MI$1,562,359
Heartland Lakes Development CommissionPark Rapids, MN$379,772
Haines Economic Development CorporationHaines, AK$185,782
Data update history
May 22, 2024
Updated personnel
Identified 1 new personnel
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $216,391 from Walton Family Foundation
July 6, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
June 30, 2023
Updated personnel
Identified 2 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donations
General information
Address
201 S Main St Ste 425
Salt Lake City, UT 84111
Metro area
Salt Lake City, UT
County
Salt Lake County, UT
Phone
(801) 328-8824
IRS details
EIN
86-2359494
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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