UNIVERSITY DISTRICT DEVELOPMENT ASSOCIATION

SPOKANE, WA, 99201-0119 (509) 255-8038 Est. 1999 EIN 91-1973749

S31— Community Improvement Form 990 501(c)(3)

WWW.SPOKANEUDISTRICT.ORG

Mission

THE UNIVERSITY DISTRICT IS A PLACE WHERE BUSINESS AND EDUCATION GROW TOGETHER TO CREATE A COLLABORATIVE, HEALTHY, AND PROSPEROUS REGION. THE UNIVERSITY DISTRICT USES ITS UNIQUE CONNECTIVITY TO CREATE SHARED COMMUNITY WELLNESS AND VIBRANCY BY DEVELOPING THE INFRASTRUCTURE AND PROGRAMMING THAT ENABLE A GLOBALLY RECOGNIZED HUB OF EDUCATION, INNOVATION, RESEARCH, AND HEALTH CARE.

Financials

Total Revenue

$449,817

Total Expenses

$430,113

Net Assets

$247,215

4 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

6.9 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 6.7%

Expenses ↑ 2.3%

Revenue Sources

Contributions 43.6% Earned revenue 55.9% Investment 0.5%

Expense Breakdown

Program 37.3% Management 62.7%

Officers & Key Employees (24)

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Grants Received (15)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$449,817 ↑	$430,113	$247,215
2023 Form 990	$421,738 ↑	$420,455	$225,367
2022 Form 990	$377,624 ↓	$358,139	$224,084
2020 Form 990	$398,348 ↑	$341,342	$186,957
2019 Form 990	$260,474 ↓	$266,019	$129,951
2018 Form 990	$338,054	$332,406	$143,146