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Summit Area Economic Growth Inc

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

EIN: 201541314 ✦ Summit, SD ✦ Designated as a 501(c)(3)

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Overview

What is Summit Area Economic Growth Inc?

Summit Area Economic Growth Inc, based in Summit, South Dakota, is an economic development organization with a primary goal of fostering growth in the local area. Their mission is focused on stimulating and advancing the economic well-being of the community they serve. The organization operates with a vision to promote development and improvement in various sectors, ensuring the overall prosperity of Summit.

Is Summit Area Economic Growth Inc legitimate?

Summit Area Economic Growth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Area Economic Growth Inc 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 Summit Area Economic Growth Inc?

The mission of Summit Area Economic Growth Inc. is centered around promoting growth. As an economic development organization, its primary objective is to foster expansion and progress in the relevant area. The organization does not provide specific details about the nature or scope of this growth, but its mission implies a commitment to stimulating economic development and enhancing overall prosperity.

Who is the CEO of Summit Area Economic Growth Inc?

Laurie Kneeland is the President of Summit Area Economic Growth Inc.

What is the revenue of Summit Area Economic Growth Inc?

Summit Area Economic Growth Inc's revenue in 2022 was $20,478.

Who are the executives of Summit Area Economic Growth Inc and what are their salaries?


Here are 3 key members and their salaries:


Laurie Kneeland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Gapp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Quale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Summit Area Economic Growth Inc?

Summit Area Economic Growth Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Summit Area Economic Growth Inc

Summit Area Economic Growth, as a distinguished economic development organization, is committed to fostering growth in its area of operation. Its mission, in simple terms, is to stimulate development and progress within the community. By promoting growth, this nonprofit aims to enhance the economic well-being and vitality of the region, contributing to a prosperous and thriving community.

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Impact




August, 2024

Summit Area Economic Growth Inc's impact is evident through its initiatives and efforts to promote growth in the Summit area. Through its economic development endeavors, Summit Area Economic Growth Inc plays a significant role in driving community improvement, fostering economic opportunities, and enhancing the overall prosperity of Summit, SD. By focusing on promoting growth, this organization contributes to the vitality and sustainability of the Summit area, ultimately creating a more prosperous environment for residents and businesses alike.




This information is meant to be a general summary of Summit Area Economic Growth Inc. 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
$20,478 (2022)
Expenses
$14,003 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $94,574

Assets and Liabilities:

  • Total Assets: $79,671
  • Total Liabilities: $0
  • Net Assets: $79,671

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Organization Details

Principal Officer

Laurie Kneeland

Main Address

PO BOX 885, SUMMIT, SD, 57266

NTEE Category

Code: S99 - Community improvement

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