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Passes our checks

Clearwater Economic Development Association Inc

EIN 82-0288410 · Lewiston, ID

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CEDA IS A NON-PROFIT ORGANIZATION CREATED TO ASSIST NORTH CENTRAL IDAHO BUSINESSES AND COMMUNITIES BY ACTING AS A CONDUIT FOR NEEDED RESOURCES. AS THE COLLECTIVE VOICE FOR NORTH CENTRAL IDAHO, CLEARWATER ECONOMIC DEVELOPMENT ASSOCIATION PROVIDES LEADERSHIP AND GUIDANCE IN DEVELOPING COMMUNITIES, DIVERSIFYING THE ECONOMY, AND CREATING PROSPERITY.

Income
$3.9 million
Spending
$1.1 million
Spent on programs
83%
Reserves
29.1 months of spending
Largest source of income
donations and private grants, 83%
Employees
47
Highest pay
$93,829, executive director

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 90% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 29.1 months of spending.

  • Debt

    20 of 20

    It owes 14% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 71% of income.

  • Income trend

    15 of 15

    Income rose 182% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $950,526 spent. CEDA PROVIDED COMMUNITY PLANNING AND DEVELOPMENT SERVICES FOR 68 ORGANIZATIONAL MEMBERS AND PASSED THROUGH $40,236 OF STATE AND GOVERNMENT GRANTS AND CONTRACTS TO AGENCIES IN THE REGION FOR THE SAME ECONOMIC PURPOSE. IN ORDER TO PROMOTE DIVERSIFICATION AND ALLEVIATE UNEMPLOYMENT IN THE NORTH CENTRAL IDAHO AND SOUTHEASTERN WASHINGTON REGIONS, CEDA GRANTED 3 NEW LOANS DURING THE FISCAL YEAR VALUED AT $725,527 TO SMALL BUSINESS CUSTOMERS. AT THE END OF THE FISCAL YEAR, CEDA'S SMALL BUSINESS PROGRAM HAD 45 OUTSTANDING LOANS RECEIVABLE VALUED AT $3.74 MILLION.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.