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Monadnock Economic Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020395538 ✦ Keene, NH ✦ Designated as a 501(c)(3)

Overview

What is Monadnock Economic Development Corp?

Monadnock Economic Development Corp is a nonprofit organization situated in Keene, New Hampshire. Their primary focus is on fostering business growth and attractions within the Monadnock region of New Hampshire. Through their promotion efforts, they aim to encourage business development and relocations, contributing to the region's economic prosperity. The organization's mission is deeply rooted in this objective, striving to enhance the Monadnock region's economic landscape.


Official website here: www.monadnock-development.org

Is Monadnock Economic Development Corp legitimate?

Monadnock Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monadnock Economic Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,963

For more financial information, click here


Official website here: www.monadnock-development.org

What is the mission statement of Monadnock Economic Development Corp?

The Monadnock Economic Development Corp's mission involves promoting business growth and relocations to the Monadnock region of New Hampshire. Their primary objective is to stimulate economic development in this region. By doing so, they aim to attract new businesses and help existing ones expand, thereby contributing to the region's overall economic prosperity. They work tirelessly to create an environment conducive to business growth, providing necessary resources and support to businesses looking to relocate to the Monadnock region.


Official website here: www.monadnock-development.org

Who is the CEO of Monadnock Economic Development Corp?

George Hansel is the President of Monadnock Economic Development Corp.


Official website here: www.monadnock-development.org

What is the revenue of Monadnock Economic Development Corp?

Monadnock Economic Development Corp's revenue in 2022 was $1,917,108.


Official website here: www.monadnock-development.org

Who are the executives of Monadnock Economic Development Corp and what are their salaries?

Here are 10 key members and their salaries:

    Steve Fortier (Executive Director)
  • Compensation: $52,900
  • Related: $0
  • Other: $6,393

    • Arthur Robert (Executive Director)
  • Compensation: $7,554
  • Related: $0
  • Other: $2,793

    • George Hansel (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Bragdon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Faber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juliana Bergeron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Littleton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rik Ekstrom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Silverstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.monadnock-development.org

    Where can I find the form 990 for Monadnock Economic Development Corp?

    The Monadnock Economic Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.monadnock-development.org

    Learn more at the official website: www.monadnock-development.org

    Mission Statement of Monadnock Economic Development Corp

    Monadnock Economic Development Corp, as the name suggests, is dedicated to fostering business growth and facilitating relocations within the Monadnock region of New Hampshire. This nonprofit organization's mission revolves around promoting business development and encouraging businesses to establish their operations in this region. By doing so, Monadnock Economic Development Corp aims to contribute to the economic prosperity of the region and stimulate local economic activity. This mission is carried out through various initiatives and strategies, ultimately leading to a stronger and more vibrant business environment in the Monadnock region.

    Impact

    This information is meant to be a general summary of Monadnock Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Monadnock Economic Development Corp's impact can be seen in the significant increase in business development and relocations to the Monadnock region of New Hampshire. Their focused efforts have contributed to economic growth, job creation, and overall enhancement of the local community. By actively promoting business opportunities and fostering relocation initiatives, Monadnock Economic Development Corp is instrumental in driving positive change and prosperity in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-152,388
  • Program Service Revenue: $1,772,065
  • Gross Receipts: $2,706,996

    • Assets and Liabilities:
  • Total Assets: $42,887,115
  • Total Liabilities: $44,864,717
  • Net Assets: -$1,977,602
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTS

    Revenue

    $1,617,227

    INCOME FROM LOANS

    Revenue

    $149,838

    APPLICATION FEES

    Revenue

    $5,000

    Organization Details

    Founding Year

    1986

    Principal Officer

    George Hansel

    Main Address

    PO BOX 704, KEENE, NH, 03431

    NTEE Category

    Code: S310 - Community improvement

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