Thurston Economic Development Council Center for Business Innovation
Thurston Economic Development Council Center for Business Innovation is a public charity based in Lacey, Washington. Its stated purpose is to develop Thurston County’s entrepreneurial network and support businesses through planning, launch, growth, turnaround, and exit planning.
Thurston Economic Development Council Center for Business Innovation at a glance
- Total assets
- $470,467
- -24.7% vs 2023
- Revenue (2024)
- $3,156,135
- -23.8% vs 2023
- Net investment income (2024)
- $685
- -2.4% vs 2023
- Expenses (2024)
- $3,071,897
- -27.6% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to Thurston Economic Development Council Center for Business Innovation
- How to Apply
-
The available information describes eligibility criteria for these programs but does not specify application materials or a general application process for the organization.
- Contact
Mailing address: 4220 6Th Ave Se, Lacey, WA 98503
Phone: (360) 754-6320
Website: https://thurstonedc.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Thurston Economic Development Council Center for Business Innovation
Ag Labor Program (Agriculture Sector Recovery Program - ASRP)
Thurston Economic Development Council Center for Business Innovation
Amount
Up to $20,000 per producer
Deadline
Deadline not published
Thurston County Target Zone Business Startup Grant
Thurston Economic Development Council Center for Business Innovation
Amount
Varies (approximately $100,000 per awardee based on 2022 awards)
Deadline
Deadline not published
Who Thurston Economic Development Council Center for Business Innovation funds
How this funder distributes its grants
Grant Size Distribution
95 grants across all recorded years
The most common grant size was under $50K: 95 grants of 95 (100%).
Geographic Focus
Where this funder awards grants
The organization’s stated service focus is Thurston County, Washington. The Target Zone Startup Grant is limited to specified target zones within the county, and the Ag Labor Program is for eligible agricultural businesses located in Thurston County.
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $25K (2021) to $898K (2020). In 2021 it reported $25K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Abundant Life Coffee Inc Lacey, WA | Covid 19 Relief | $10,000 |
| All City Cleaning Services LLC Lacey, WA | Covid 19 Relief | $10,000 |
| All Fit LLC Daba Thrive Community Fitness Lacey, WA | Covid 19 Relief | $10,000 |
| All Pro Screen Printing & Embroidery LLC Olympia, WA | Covid 19 Relief | $10,000 |
| Amy L Murryhuman Body Works PLLC Lacey, WA | Covid 19 Relief | $10,000 |
| Auto Tint Northwest Lacey, WA | Covid 19 Relief | $10,000 |
| Blue Sparrow Salon Lacey, WA | Covid 19 Relief | $10,000 |
| Brandon Wayne Sechrist Lacey, WA | Covid 19 Relief | $10,000 |
| Cain Atwell & Associates Inc Lacey, WA | Covid 19 Relief | $10,000 |
| Canine Chateau Olympia, WA | Covid 19 Relief | $10,000 |
Ready to take the next step with Thurston Economic Development Council Center for Business Innovation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $470,467 | $3,156,135 | $3,071,897 | — | — | $685 |
| 2023 | $624,890 | $4,139,814 | $4,242,386 | — | — | $702 |
| 2022 | $630,642 | $1,866,030 | $1,821,992 | — | — | $136 |
| 2021 | $459,422 | $988,794 | $1,206,608 | $24,632 | Total only | $176 |
| 2020 | $773,294 | $2,124,126 | $1,819,085 | $898,400 | 95 | $731 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s 2024 filing states its mission is to provide services that develop Thurston County’s entrepreneurial network and support businesses throughout their lifecycle. The Thurston EDC website describes the broader economic development work as focused on recruiting investment and employment, retaining local businesses through technical assistance and advocacy, and helping employers expand.
The filing describes Lacey Makerspace as an 8,000-square-foot facility offering access to tools, workshops, and classes, with a focus on workforce development and innovation. It describes the Washington Center for Women in Business as providing no-cost, one-on-one business coaching and training. The Southwest Washington Agricultural Business & Innovation Park is described as a planned multi-tenant park for value-added agricultural and food-related businesses, with an event center and business resource hub.
Grantmaking
The 2024, 2023, and 2022 filings each report zero grants. Separately, Thurston EDC and Thurston Strong reported awarding $1 million to ten new businesses in the 2022 Target Zone Startup Grant program. The program was supported by federal ARPA funding awarded through Thurston County, and Thurston EDC oversaw it on behalf of the Thurston Strong partnership. The 2022 awards are a past round.
The listed Target Zone Business Startup Grant program is described as supporting new businesses in specific target zones and prioritizing BIPOC business owners. Its listed award range is $100,000–$100,000. The Ag Labor Program is described as supporting agricultural employers in Thurston County through workforce recruitment and development, wage subsidies, and career-pathway promotion. Its listed award range is $0–$20,000; grants are administered by Thurston County, with Pac Mountain Workforce Development Council handling applications and administration.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Grace Kendall as president, Denise Sawatzky as vice president, and Michael Cade as executive director. It lists Chris Lester, Nancy Lapointe, Jennica Machado, Matthew Kilfman, Kevin Leneker, Trudy Soucoup, and Todd Whitley as directors.
Thurston Economic Development Council Center for Business Innovation is led by Grace Kendall, President since 2024 (on filings since 2020); 1 of 13 officers listed in 2024 is compensated.
Officers on the 2024 filing
Grace Kendall
President
Vice President → President-Elect, 2022
President-Elect → President, 2024
On filings since 2020
0.3 hrs/week
No compensation reported
Michael Cade
Executive Director
On filings since 2020
10 hrs/week
No compensation reported
Sean Moore
Director Cb & I
On filings since 2023
40 hrs/week
$101K (2023) → $115K (2024)
Kevin Leneker
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Nancy Lapointe
Director
President-Elect → President, 2022
President → Director, 2024
On filings since 2020
0.3 hrs/week
No compensation reported
Todd Whitley
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Trudy Soucoup
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Chris Lester
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Jennica Machado
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Matthew Kilfman
Director
New on the 2024 filing
0.3 hrs/week
No compensation reported
Noel Rubadue
Secretary
Director → Secretary, 2021
On filings since 2020
0.3 hrs/week
No compensation reported
Denise Sawatzky
Vice President
Director → Vice President, 2024
On filings since 2022
0.3 hrs/week
No compensation reported
Scott Zylka
Treasurer
On filings since 2022
0.3 hrs/week
No compensation reported
Former officers (8)
- Former: Jessica Jensen (2020–2022) — Director
- Former: Renee Sunde (2020–2022) — Director
- Former: Virgil Clarkson (2020–2022) — Director
- Former: Marc Daily (2021–2022) — Director
- Former: Yen Huynh (2021–2022) — Director
- Former: Brent Robinson (2020) — Director
- Former: Daryl Fourtner (2020) — Director
- Former: Perry Shea (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $115K, to Sean Moore (Director CB&I).
Frequently asked questions about Thurston Economic Development Council Center for Business Innovation
How large is Thurston Economic Development Council Center for Business Innovation?
Thurston Economic Development Council Center for Business Innovation reported $470K in total assets on its 2024 IRS Form 990. Its revenue that year was $3.2M.
What does Thurston Economic Development Council Center for Business Innovation fund?
The organization’s 2024 filing states its mission is to provide services that develop Thurston County’s entrepreneurial network and support businesses throughout their lifecycle. See mission & focus areas ↑
How do I apply for a grant from Thurston Economic Development Council Center for Business Innovation?
The available information describes eligibility criteria for these programs but does not specify application materials or a general application process for the organization. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Thurston Economic Development Council Center for Business Innovation make grants?
The organization’s stated service focus is Thurston County, Washington. The Target Zone Startup Grant is limited to specified target zones within the county, and the Ag Labor Program is for eligible agricultural businesses located in Thurston County.
What is Thurston Economic Development Council Center for Business Innovation's EIN?
Thurston Economic Development Council Center for Business Innovation's EIN (Employer Identification Number) is 91-1561600. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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