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.
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.
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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 | — | — | — |
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
58 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 .
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 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 AdministrationRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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