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Worthing Economic Development Corporation

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

EIN: 201503707 ✦ Worthing, SD ✦ Designated as a 501(c)(4)

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Overview

What is Worthing Economic Development Corporation?

The Worthing Economic Development Corporation, situated in Worthing, South Dakota, is a dedicated nonprofit organization committed to fostering economic growth. Their primary objective is to entice new businesses into the city by spearheading an economic development program. This mission is a testament to their devotion towards improving Worthing's economic landscape. The organization serves as a vital catalyst in stimulating local business development and contributing to the overall economic prosperity of the community.

Is Worthing Economic Development Corporation legitimate?

Worthing Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Worthing Economic Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Worthing Economic Development Corporation?

The Worthing Economic Development Corporation is committed to its mission of attracting new businesses to the economic landscape. Serving as a dedicated organization for economic development, it utilizes various strategies to achieve this objective. By focusing on economic development programs, the corporation plays a significant role in fostering business growth and expansion, thereby contributing to the overall economic well-being of the community.

Who is the CEO of Worthing Economic Development Corporation?

Lisa Zens is the Executive Director of Worthing Economic Development Corporation.

What is the revenue of Worthing Economic Development Corporation?

Worthing Economic Development Corporation's revenue in 2022 was $3,125.

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


Here are 8 key members and their salaries:


Doug Johansen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Jacobson (City Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Dewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Stubbe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Jacobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Overweg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bullert (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Zens (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Worthing Economic Development Corporation?

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

Mission Statement of Worthing Economic Development Corporation

The Worthing Economic Development Corporation, as an organization dedicated to economic development, strives to attract new businesses to its realm. Its mission is to serve as a catalyst for growth and prosperity, working tirelessly to foster a business-friendly environment that attracts entrepreneurs and companies looking to expand their operations. By focusing on economic development, this corporation aims to contribute to the overall well-being and vitality of the community it serves.

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Impact




October, 2024

The Worthing Economic Development Corporation plays a significant role in enhancing the local economy of Worthing, SD. By focusing on attracting new businesses, the organization fosters economic growth and diversification within the community. This initiative not only creates job opportunities for residents but also stimulates local spending, leading to improved quality of life.

Through its economic development programs, the corporation actively engages with potential investors and businesses, showcasing the benefits of establishing operations in Worthing. This effort not only increases the town's competitiveness but also enhances community ties as new businesses often collaborate with existing local enterprises.

Additionally, the corporation’s focus on community improvement signifies its commitment to not just attracting businesses but also ensuring that the overall infrastructure and quality of services in Worthing are conducive to sustainable growth. By prioritizing economic development, the Worthing Economic Development Corporation helps lay the foundation for a robust and resilient local economy.




This information is meant to be a general summary of Worthing 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
$3,125 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,125
  • Gross Receipts: $3,125

Assets and Liabilities:

  • Total Assets: $19,569
  • Total Liabilities: $0
  • Net Assets: $19,569

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Organization Details

Principal Officer

Lisa Zens

Main Address

PO Box 277, Worthing, SD, 57077

NTEE Category

Code: S30 - Community improvement

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