Economic Development Authority Of

Reno, NV · Founded 1982

Private-public partnership driving economic development in western Nevada

Primary audience
Business community
Work area
Economic development
Topic
Job creation
Contact
Taylor Adams
Website Contact

About Organization

Based in Reno, NV, the Economic Development Authority of Western Nevada is a private-public partnership established in 1983 to promote economic growth and diversification in the region. The authority generates $11.3 million in annual revenue while attracting new businesses, supporting existing companies, fostering entrepreneurship, and coordinating workforce development initiatives throughout western Nevada.

What They Focus On

Company Recruitment

Attracting new businesses to western Nevada through marketing regional advantages and coordinating site selection

Business Retention

Supporting existing company growth and expansion through operational assistance and resources

Economic Diversity

Developing sector variety beyond traditional gaming and tourism industries for regional resilience

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2024)

$11.3M

+262.4% vs 2023

Expenses (2024)

$3.5M

+12.8% vs 2023

Assets (2024)

$24.4M

+2312.4% vs 2023

Employees (2024)

18

-18.2% vs 2023

Year Revenue Expenses Assets Employees
2024 $11,339,594 $3,535,648 $24,390,630 18
2023 $3,129,312 $3,134,773 $1,011,061 22
2021 $2,792,474 $2,906,182 $1,155,384 0
2020 $2,951,187 $2,751,472 $1,249,237 18
2019 $2,744,438 $2,648,352 $1,400,297 18
2018 $2,733,509 $2,667,628 $983,690 16

Source: IRS Form 990 filings. All figures in USD.

How They Work

Learn more
  • 01

    Business Attraction

    Market regional advantages and coordinate with companies evaluating greater Reno-Sparks location

  • 02

    Company Support

    Provide existing businesses with expansion resources and operational assistance ensuring success

  • 03

    Startup Facilitation

    Help newly forming companies navigate establishment process and access necessary resources

  • 04

    Partnership Management

    Coordinate public-private collaboration advancing quality job creation and economic prosperity

Programs and Initiatives

Services and programs offered by Economic Development Authority Of

Business Recruitment

Attracting new companies to region through site selection support and economic incentive coordination

Company Retention

Supporting existing business success through expansion assistance and operational resources

Startup Support

Helping newly forming companies establish operations and access capital in western Nevada

Economic Diversification

Advancing sector diversity beyond gaming and tourism to strengthen regional resilience

Team & Leadership

Meet the people behind Economic Development Authority Of.

TA

Taylor Adams

President/CEO
Full-time
Compensation: $362,898
HW

Heather Wessling Grosz

Senior Vice-President
Full-time
Compensation: $229,124
RM

Rae McElroy

COO
Full-time
Compensation: $154,950
NM

Nancy McCormick

Senior Vice-President
Full-time
Compensation: $150,769
DE

Doug Erwin

Senior Vice-President
Full-time
Compensation: $148,166
SI

Sheila Imsdahl

Senior Vice-President
Full-time
Compensation: $130,858
JB

Juston Berg

Vice-President
Full-time
Compensation: $107,680

Milestones

1982

Organization Formed

1982

Established to diversify western Nevada economy and create quality employment

1983

Operations Begin

1983

Launched as public-private partnership recruiting companies to Reno-Sparks region

2024

Record Revenue

2024

Generated $11.3 million in revenue supporting expanded business attraction efforts

Associated People

Board members, advisors, and key contributors

Board of Directors

AW
Abbi Whitaker Trustee
AP
Alise Porto Trustee
AS
Ann Silver Designated Trustee
BN
Bj North Vice Chair/Former Secretar
BT
Bri Thoreson Trustee
BS
Brian Sandoval Designated Trustee
BC
Bryce Clutts Trustee
CI
Caesar Ibarra Trustee
CK
Carli Kinne Trustee
CB
Christopher Beavor Trustee
DM
Dan Morgan Trustee
DP
Dan Pophal Trustee
DB
Danielle Brown Trustee
DG
Daren Griffin Trustee
DB
David Brown Trustee
DS
David Stratton Trustee
DR
Devon Reese Designated Trustee
DT
Don Tatro Trustee
DG
Donald Gilman Designated Trustee
DB
Dr Brian Erling Trustee
DK
Dr Karin Hilgersom Designated Trustee
DK
Dr Kumud Acharya Designated Trustee
EB
Eric Brown Designated Trustee
EG
Eric Gangloff Trustee
ER
Eric Rowen Trustee
FL
Frank Lepori Trustee
JB
Jeff Brigger Designated Trustee
JE
Jim Emme Trustee
JR
Joe Rodriguez Designated Trustee
JZ
John Zimmerman Trustee
JE
Joseph Ernst Designated Trustee
KF
Kate Franko Trustee
LS
Len Savage Designated Trustee
MG
Mariluz Garcia Designated Trustee
MH
Mark Huse Trustee
MR
Matt Reddick Trustee
MA
Matthew Addison Trustee
MB
Michael Buis Trustee
MD
Michael Dermody Trustee
ML
Mike Larragueta Trustee
NM
Neal McIntyre Designated Trustee
NR
Nick Rossi Chair
RH
Randy Holleschau Trustee
RC
Robert Cuillard Trustee
SP
Scott Pruneau Trustee
SA
Stephen Ascuaga Secretary/Trustee
TB
Tom Burns Designated Trustee
VM
Valentin Malaescu Trustee

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2024)

$1.3M

Highest Paid

$363K

Taylor Adams

Compensated Officers

7

Name Title Base Other Total Hrs/Wk
Taylor Adams President/CEO $362,898 — $362,898 40
Heather Wessling Grosz Senior Vice-President $229,124 — $229,124 40
Rae Mcelroy COO $154,950 — $154,950 40
Nancy Mccormick Senior Vice-President $150,769 — $150,769 40
Doug Erwin Senior Vice-President $148,166 — $148,166 40
Sheila Imsdahl Senior Vice-President $130,858 — $130,858 40
Juston Berg Vice-President $107,680 — $107,680 40

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

COVID-19 PPP Loans

Paycheck Protection Program (2020-2021)

Fully Forgiven

Total Approved

$342K

Total Forgiven

$345K

101% forgiven

Jobs Retained

23

Loan Details 1 loan

$341,595
Forgiven
Forgiven: $344,622 100%
Approved Apr 13, 2020
Lender Plumas Bank
Jobs Reported 23
Forgiven On Mar 3, 2021

Source: Small Business Administration • Paycheck Protection Program (2020-2021)

Related Organizations

1 affiliated entity reported on IRS Form 990 Schedule R

1

Tax-Exempt Affiliates

1
Economic Development Foundation Of Greater Reno Tahoe
Reno, NV
To Train The Public About The Positive Impact Of New Business In The Area
501(c) 501(C)

Source: IRS Form 990, Schedule R (Related Organizations and Unrelated Partnerships)

Lobbying Activity

Lobbying Disclosure Act registrations

Self-Lobbying
38 Registrations
35 Clients
Yes Self-Lobbying

Clients 35 total

Bristol Bay Economic Development Corporation
2 filings
Self
Indiana Economic Development Corporation
2 filings
Self
International Economic Development Council
2 filings
Self
Albany-Dougherty Economic Development Commission
1 filing
Self
Alpha Strategies, LLC Obo American Alliance For Economic Development
1 filing
Self
American Alliance For Economic Development
1 filing
Self
American Samoa Economic Development Authority
1 filing
Self
At Government Strategies On Behalf Of The St Louis Economic Development Partners
1 filing
Self
Atlantic Strategies Group Obo Economic Development Commission Of Charles County
1 filing
Self
Bloomington Normal Economic Development Council (Fka Econ Dev Cnsl Of Bloomin)
1 filing
Self
Casper Area Economic Development Alliance, Wy
1 filing
Self
Chambers County Economic Development Authority
1 filing
Self
Colorado Springs Chamber And Economic Development Corporation
1 filing
Self
Economic Development Commission Of Charles County
1 filing
Self
Economic Development Commission Of Florida's Space Coast
1 filing
Self
Economic Development Partnership Of Alabama
1 filing
Self
Floresville Economic Development Corporation
1 filing
Self
Florida Rural Economic Development Association, Inc..
1 filing
Self
Fort Bend County Economic Development Council
1 filing
Self
Governor's Defense Initiative, Georgia Dept. Of Economic Development
1 filing
Self
Greater Omaha Economic Development Partnership
1 filing
Self
Indian Wells Valley Economic Development Corp.
1 filing
Self
Jackson County Economic Development Foundation, Inc..
1 filing
Self
Lycoming County Economic Development & Planning Services
1 filing
Self
Matagorda County Economic Development Corporation
1 filing
Self
Mcallen Economic Development Corporation
1 filing
Self
Mexia Economic Development Corporation
1 filing
Self
Mith-Ih-Kwuh Economic Development Corporation
1 filing
Self
Mith-Th-Kwuh Economic Development Corporation
1 filing
Self
National Association For County Community And Economic Development
1 filing
Self
Northeast Ohio Hispanic Center For Economic Development (Neohced)
1 filing
Self
Norton Sound Economic Development Corporation
1 filing
Self
Skamania County Economic Development Council
1 filing
Self
Somerset-Pulaski Economic Development Authority
1 filing
Self
Wiregrass Economic Development Corporation
1 filing
Self

Source: Senate Office of Public Records — Lobbying Disclosure Act

Contact

Get in touch with Economic Development Authority Of

Phone

(775) 829-3700

Social

Visit Website
50 W Liberty Street Suite 108 Reno, NV 89501