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IRS report: SHEDG operations back in black – sort of, after 6 years

 

February 14, 2018



The Sweet Home Economic Development Group finished in the black for the first time in six years in 2016, ending the year with $99,000 in net revenue, according to its recently released Form 990 for that year.

The IRS requires nonprofit organizations to file a Form 990 each year, which provides the public with financial information about the nonprofit.

SHEDG, which owns and operates the Oregon Jamboree, is in the process of completing its 2017 Form 990. Typically, SHEDG files for an extension and files the form late in the year, as it did last year.

SHEDG had $495,000 in gross revenues in...



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