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Custer Economic Development Corporation

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

EIN: 200422241 ✦ Broken bow, NE ✦ Designated as a 501(c)(3)

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Overview

What is Custer Economic Development Corporation?

The Custer Economic Development Corporation, situated in Broken Bow, NE, is a dedicated urban community organization focusing on economic development within the Custer County area. Their primary objective is to foster economic growth through various programs specifically designed for this region. This nonprofit organization is committed to improving the local economy and contributing positively to the community's development.


Official website here: www.custercountyne.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The Custer Economic Development Corporation has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance practices. The organization scored well across various metrics, particularly in board independence and financial health, with 100% of its board members being independent and a strong program expense ratio of 83.34%, which reflects a focus on its mission-oriented activities.

However, the nonprofit was noted for missing several key governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps could raise concerns about the organization's governance practices, even though it demonstrates strong financial metrics and board independence.

Overall, while the Custer Economic Development Corporation exhibits strengths in financial transparency and governance structure, addressing the identified policy deficiencies would enhance its overall accountability. This would further solidify its reputation and effectiveness in pursuing its economic development goals.


This AI summary has been generated from information found on Charity Navigator.

Is Custer Economic Development Corporation legitimate?

Custer Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Custer Economic Development Corporation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,792

For more financial information, click here


Official website here: www.custercountyne.com

What is the mission statement of Custer Economic Development Corporation?

The Custer Economic Development Corporation, serving as an urban, community-focused organization, is committed to promoting economic growth within the Custer County area. Their primary mission revolves around fostering economic development through various programs. Located in an unspecified location, this organization is dedicated to driving economic improvement and development within its designated region.


Official website here: www.custercountyne.com

Who is the CEO of Custer Economic Development Corporation?

Keith Ellis is the Execuitive D of Custer Economic Development Corporation.


Official website here: www.custercountyne.com

What is the revenue of Custer Economic Development Corporation?

Custer Economic Development Corporation's revenue in 2022 was $812,085.


Official website here: www.custercountyne.com

Who are the executives of Custer Economic Development Corporation and what are their salaries?

The average compensation at Custer Economic Development Corporation during 2022 was $31,896. There are 2 employees at Custer Economic Development Corporation.


Here are 12 key members and their salaries:


Keith Ellis (Execuitive D)
  • Compensation: $62,292
  • Related: $0
  • Other: $0
Jerry Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jami Anderson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Fox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Lindstrom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scotti Ross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sennett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Vonderohe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.custercountyne.com

Where can I find the form 990 for Custer Economic Development Corporation?

Custer Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.custercountyne.com

Learn more at the official website: www.custercountyne.com

Mission Statement of Custer Economic Development Corporation

Custer Economic Development Corporation, as an urban, community-focused organization, is dedicated to driving economic growth within the Custer County area. Their mission is centered around fostering economic development, aiming to foster a thriving and prosperous community. This nonprofit organization employs various programs to achieve this mission, with a primary focus on economic development. Located in Broken Bow, NE, Custer Economic Development Corporation plays a significant role in shaping the economic landscape of its region.

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Impact




October, 2024

Custer Economic Development Corporation significantly impacts the Custer County area by driving comprehensive economic development initiatives. Situated in Broken Bow, NE, it focuses on fostering growth and enhancing the local community's economic landscape. Through targeted programs, the organization promotes business development, job creation, and improved economic conditions, ultimately contributing to a more vibrant and sustainable community. Its efforts not only support existing businesses but also attract new investment, facilitating community improvement and ensuring a resilient local economy.




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


Financials

This financial information is from Propublica.

Revenue
$812,085 (2022)
Expenses
$149,715 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35
  • Program Service Revenue: $208,736
  • Gross Receipts: $812,085

Assets and Liabilities:

  • Total Assets: $2,149,126
  • Total Liabilities: $74,547
  • Net Assets: $2,074,579

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Programs

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

SALE OF DEVELOPED HOUSES

Revenue

$208,736

Organization Details

Founding Year

2004

Principal Officer

Keith Ellis

Main Address

PO BOX 2, BROKEN BOW, NE, 68822

NTEE Category

Code: S31 - Community improvement

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