Lincoln County Economic Development Corporation
NEWPORT, OR
Total revenue
$262K
Total expenses
$545K
Net assets
$692K
Grants received
$95K
1 grants
EIN
943206648
Tax year
2023
Mission
To deliver economic development services to facilitate creation, growth and retention of lincoln county businesses.
Programs
3 programs
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.
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.
4.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.
Financials
FY 2023
Revenue
Expenses
People
13 listed
TRACY ANTHONY BAILEY
BOARD MEMBER
—
1 hrs/wk
ROBERT COWEN
PRESIDENT
—
1 hrs/wk
BRYAN FITZSIMMONS
BOARD MEMBER
—
1 hrs/wk
DOUG HOLBROOK
BOARD MEMBER
—
1 hrs/wk
JASON HOLLAND
BOARD MEMBER
—
1 hrs/wk
KAETY JACOBSON
EX OFFICIO
—
1 hrs/wk
CARRIE LEWIS
VICE PRESIDE
—
1 hrs/wk
LESLEY OGDEN
SECRETARY
—
1 hrs/wk
GREGORY PRICE
BOARD MEMBER
—
1 hrs/wk
LINDA ROY
BOARD MEMBER
—
1 hrs/wk
BIRGITTE RYSLINGE
PAST PRESIDE
—
1 hrs/wk
MICHAEL SMITH
TREASURER
—
1 hrs/wk
DR MAJALISE TOLAN
DIRECTOR AT
—
1 hrs/wk
Grants received
Showing 1 of 1
Funded by
$95K from 1 funder · 1 grant · 2024
$95K · 1 grant · 2024