Columbia River Economic Development
The Columbia River Economic Development Council (CREDC) is a nonprofit civic organization headquartered in Vancouver, Washington, serving as Washington State's recognized Associate Development Organization for Clark County. Founded in 1982, CREDC operates as a 501(c)(4) organization and functions as a regional economic development agency rather than a traditional grantmaker.
Key facts about Columbia River Economic Development
- EIN
- 91-1186305
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $1,122,377
Data from IRS Form 990-PF, 2024; updated June 2026.
How Columbia River Economic Development gives
- Giving fell 88% from 2020 to 2023. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Columbia River Economic Development
- How to evaluate Columbia River Economic Development as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+4.7% YoY
Revenue
$1.1M
-22.1% YoY
Net Investment Income
$10K
+23.2% YoY
Expenses
$1.1M
-21.3% YoY
Mission & Focus Areas
CREDC's core mission centers on promoting job creation and capital investment in Clark County and the greater Portland region through:
- Business Retention and Recruitment: Identifying and supporting opportunities to retain existing businesses and attract new companies to the region
- Entrepreneurial Support: Assisting startups and growing enterprises with resources and connections
- Consultative Services: Providing free advisory services to help companies reduce costs, save time, optimize talent, and grow sales
- Community Partnerships: Leveraging connections at local, state, and federal levels to connect businesses with resources
The organization conducts over 100 business visits annually, taking a consultative approach to support company growth and expansion.
Grantmaking
CREDC is not primarily a grantmaking organization. However, the organization does provide service contracts, consulting studies, and research and reports for various private and municipal entities within Clark County and the greater Portland region.
Ready to take the next step with Columbia River Economic Development?
Geographic Focus
Where this funder awards grants
CREDC's service area encompasses:
- Clark County, Washington (primary focus as the designated Associate Development Organization)
- Greater Portland region
- Southwest Washington
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Assets: $1,122,377
- Annual Revenue: $1.13 million
- Annual Expenses: $1.09 million
- Total Liabilities: $64,200
Organizational Scale:
- Staff: 10 employees
- Annual Operating Budget: Approximately $10 million (based on company profile data)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,122,377 | $1,071,598 | $999,095 |
| Revenue | $1,133,115 | $1,454,222 | $999,460 |
| Expenses | $1,086,410 | $1,381,189 | $970,434 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $9,856 | $8,003 | $3 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
193 grants across all recorded years
Open Grants
3 open opportunities from Columbia River Economic Development
Additional COVID-19 Relief Grants for Clark County Businesses
Columbia River Economic Development
Amount
Up to $30,000
Deadline
Rolling / Open
Clark County Main Street Support Program
Columbia River Economic Development
Amount
Up to $10,000
Deadline
Rolling / Open
Washington APEX Accelerator (Business Accelerator Program)
Columbia River Economic Development
Amount
$500 per participant (subsidized cost); scholarships available
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
- Alan Hwang: Board Chair
- Nelson Holmberg: Principal Officer
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jennifer Baker | President & Board Member | 40 | $174,000 |
| Alan Hwang | Chair & Board Member | — | — |
| Sarah Laughlin | Vice Chair & Board Member | — | — |
| Terry Wollam | Secretary & Board Member | — | — |
| Bryce Davidson | Treasurer & Board Member | — | — |
| Mei Wu | Past Chair & Board Member | — | — |
| Nancy Barnes | Exec Comm & Board Member | — | — |
| Narek Daniyelyan | Exec Comm & Board Member | — | — |
| Billy Henry | Exec Comm & Board Member | — | — |
| Steve Hogan | Exec Comm & Board Member | — | — |
| Brian Knight | Exec Comm & Board Member | — | — |
| Nicole Leon | Exec Comm & Board Member | — | — |
| Julianna Marler | Exec Comm & Board Member | — | — |
| John Michael | Exec Comm & Board Member | — | — |
| Randy Mueller | Exec Comm & Board Member | — | — |
| Erik Paulsen | Exec Comm & Board Member | — | — |
| David Ripp | Exec Comm & Board Member | — | — |
| Lindsey Salverstrin | Exec Comm & Board Member | — | — |
| Blake Seabaugh | Exec Comm & Board Member | — | — |
| Ryan Weston | Exec Comm & Board Member | — | — |
| Shara Wokal | Exec Comm & Board Member | — | — |
| Glen Yung | Exec Comm & Board Member | — | — |
| Gil Amundsen | Board Member | — | — |
| Jake Bigby | Board Member | — | — |
| Allyssa Bromley | Board Member | — | — |
| John Burgoyne | Board Member | — | — |
| Judy Chipman | Board Member | — | — |
| Phil Czajka | Board Member | — | — |
| Helen Devery | Board Member | — | — |
| Karin Edwards | Board Member | — | — |
| Josh Engelbrecht | Board Member | — | — |
| Sarah Fox | Board Member | — | — |
| Kara Fox-Larose | Board Member | — | — |
| David Fritz | Board Member | — | — |
| Miriam Halliday | Board Member | — | — |
| Jon Herson | Board Member | — | — |
| Nelson Holmberg | Board Member | — | — |
| Jeff Kapp | Board Member | — | — |
| Lisa Keohokalole Schauer | Board Member | — | — |
| Eric Labrant | Board Member | — | — |
| Kelly Love | Board Member | — | — |
| Alexandra Mather | Board Member | — | — |
| Troy McCoy | Board Member | — | — |
| John McDonagh | Board Member | — | — |
| Kathleen Rienhardt-Waring | Board Member | — | — |
| Abbi Russell | Board Member | — | — |
| Marty Snell | Board Member | — | — |
| Tod Tapani | Board Member | — | — |
| Mark Tishenko | Board Member | — | — |
| Matthew Woodburn | Board Member | — | — |
| Clinten Hendricks | VP Business Devolopment | 40 | $115,375 |
Recent News & Activity
Recent developments and announcements
**2024 Project Impact:**
CREDC achieved 9 recruitment and expansion wins resulting in $338 million in capital investment and approximately 445 new and retained jobs in Clark County.
**Semiconductor Manufacturing Support:**
CREDC secured state support for semiconductor manufacturing initiatives in the region, including a $300,000 grant to expand operations of chipmaker Analog Devices in Camas.
CREDC Secures State Support for Semiconductor Manufacturing**Federal Economic Development Support:**
June 13 - 27, 2024 | U.S. Economic Development AdministrationThe organization received an $81,000 grant from the U.S. Department of Agriculture for economic development activities.
June 13 - 27, 2024 | U.S. Economic Development AdministrationFrequently Asked Questions
What does Columbia River Economic Development fund?
CREDC's core mission centers on promoting job creation and capital investment in Clark County and the greater Portland region through: • **Business Retention and Recruitment**: Identifying and supporting opportunities to retain existing businesses and attract new companies to the region • **Entrepreneurial Support**: Assisting startups and growing enterprises with resources and connections • **Consultative Services**: Providing free advisory services to help companies reduce costs, save time, o…
How do I apply for a grant from Columbia River Economic Development?
CREDC is not primarily a grantmaking organization. However, the organization does provide service contracts, consulting studies, and research and reports for various private and municipal entities within Clark County and the greater Portland region.
Where does Columbia River Economic Development make grants?
CREDC's service area encompasses: • Clark County, Washington (primary focus as the designated Associate Development Organization) • Greater Portland region • Southwest Washington
What is Columbia River Economic Development's EIN?
Columbia River Economic Development's EIN (Employer Identification Number) is 91-1186305. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.