Grantmaking public charityEIN 943206648
LINCOLN COUNTY ECONOMIC DEVELOPMENT
NEWPORT, OR 97365
Total Assets
$692K
FY 2023
Annual Giving
$112K
FY 2023
Grants Made
3
FY 2023
Avg Grant
$37K
FY 2023
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
Community and economic development grant review: the board of directors serves as the review committee for the lincoln county community and economic development grant fund. The alliance board reports to the board of commissioners and delivers its recommendations. The criteria are updated and refined periodically and executive director caroline bauman holds train ing seminars for grant applicants to assist in their success.
Program 2
Source of information to the public: we provide information to prospective business owners, current owners/managers, and the public on the business climate. We maintain a list of develop able properties and assist in marketing as needed.
Program 3
$494K4.yaquina bay ocean observing initiative: we support an economic development strategy to make newport a hub for all ocean related science and technology in the pacific northwest. There is now increasing scientific and economic activity in our region. In addition to the marine studies cam pus soon to be underway, ocean observing, marine education, and boat building continue to be strengths. 5.enterprise zone management: we provide information for qualifying companies (certain industries) to take advantage of this tax incentive offered by the state of oregon. Qualified applications are submitted and reviewed locally. 6.active partnerships: the edalc is an active partner with chambers, small business development, and the yaquina bay economic foundation. With usda support, we are focusing on marine related industry in our county to create an industry cluster of supportive economic activity for seafood products, scientific research, and renewable energy. We are serving entrepreneurs and local startups, through working with rain (regional accelerator and innovation network to provide support for them.
Financial Snapshot
2023 filing
Total Revenue
$262K
Total Expenses
$545K
Top Recipients
3 grants
Grant Size Distribution
3 grants
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