Overview
What is Hancock Cty Economic Dev Corp?
Hancock Cty Economic Dev Corp is a nonprofit organization dedicated to fostering and encouraging economic development in Hancock County, Iowa. The corporation, led by an executive director and a board of 20 members, focuses on business retention, new business attraction, workforce development, and community investment. In 2017, they conducted annual on-site visits to local businesses, provided resources to four startups, and helped secure a loan for a new small business. Their workforce development efforts included promoting job resources and hosting high school career fairs, while also partnering with local organizations and government entities for funding. The organization's mission is to provide organizational and developmental services to existing businesses and potential new ventures in the county, ultimately contributing to the economic growth of Hancock County.
Official website here: www.hancockcountyiowa.com
Is Hancock Cty Economic Dev Corp legitimate?
Hancock Cty Economic Dev Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hancock Cty Economic Dev 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hancockcountyiowa.com
What is the mission statement of Hancock Cty Economic Dev Corp?
The Hancock Cty Economic Dev Corp's mission is centered around fostering and encouraging economic development within the county. They achieve this by providing organizational and developmental services to existing businesses and potential new ones. Their activities aim to enhance the county's economic landscape, as evidenced by their focus on business retention, new business attraction, workforce development, and community investment. In 2017, they achieved results such as conducting on-site visits for business retention, assisting four startup businesses, and sponsoring internship programs, among other initiatives.
Official website here: www.hancockcountyiowa.com
Who is the CEO of Hancock Cty Economic Dev Corp?
Jill Kramer is the Executive Di of Hancock Cty Economic Dev Corp.
Official website here: www.hancockcountyiowa.com
What is the revenue of Hancock Cty Economic Dev Corp?
Hancock Cty Economic Dev Corp's revenue in 2022 was $139,049.
Official website here: www.hancockcountyiowa.com
Who are the executives of Hancock Cty Economic Dev Corp and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.hancockcountyiowa.com
Where can I find the form 990 for Hancock Cty Economic Dev Corp?
Hancock Cty Economic Dev Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hancockcountyiowa.com
Learn more at the official website: www.hancockcountyiowa.com
Mission Statement of Hancock Cty Economic Dev Corp
Hancock County Economic Development Corporation, often abbreviated as HCEDC, is a nonprofit organization dedicated to fostering and encouraging economic development within Hancock County. Their mission is to provide organizational and developmental services to existing businesses and potential new enterprises in the county. By doing so, HCEDC aims to stimulate economic growth and development, ultimately benefiting the community as a whole.
In pursuing this mission, HCEDC takes a proactive approach, focusing on various key areas. One of these areas is business retention, where they conduct annual on-site visits, analyze housing and employee retention needs, and offer seminars on available resources for local businesses. In addition, HCEDC is actively involved in new business attraction, providing assistance and resources to startups and playing a crucial role in the acquisition of loans for new small businesses.
Furthermore, HCEDC places a strong emphasis on workforce development. They promote job search websites and sponsor career fairs, internship programs, and networking opportunities for local high school students. Additionally, they offer workforce retention training sessions and collaborate with IowaWorks to provide further resources.
HCEDC also strengthens its impact through partnerships with resource partners, local chambers of commerce, schools, foundations, PDI, and government officials. By working closely with these entities, HCEDC ensures that their efforts are aligned with the broader goals of the community.
In summary, Hancock County Economic Development Corporation is a vital force in fostering economic growth and development within Hancock County. Through their mission, they provide essential services to businesses, promote workforce development, and establish collaborative partnerships that ultimately benefit the local community.
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Impact
October, 2024
Hancock County Economic Development Corporation (HCEDC) plays a vital role in enhancing the economic landscape of Hancock County, Iowa. By offering organizational and developmental support to both existing and potential businesses, HCEDC significantly contributes to the region's economic growth.
In recent years, the organization has focused on several key areas that have yielded measurable outcomes. Their efforts in business retention included 40 annual on-site visits to local businesses, conducting housing needs analyses, and facilitating employee retention analyses. Additionally, they organized ten seminars to inform businesses about available resources, thereby strengthening the local business community.
For new business attraction, HCEDC successfully assisted four startups by providing essential resources and guidance, helping to create a more dynamic economic environment. The Hancock County Revolving Loan Fund has proven instrumental in securing loan awards for new small businesses, thereby enhancing local entrepreneurship.
Workforce development is another cornerstone of HCEDC's activities. The promotion of online job resources, sponsorship of high school career fairs, and the implementation of an internship program—which included 21 participants and offered nine valuable training sessions—demonstrate their commitment to preparing individuals for the workforce. Moreover, HCEDC collaborated with IowaWorks to provide workforce retention training, further demonstrating their commitment to workforce stability.
Effective communication and collaboration with regional partners are key to HCEDC’s strategy, as they work closely with seven resource partners, local chambers of commerce, schools, and government officials to create a cohesive support network for economic development.
Community investment is crucial to HCEDC’s operations. They actively raise funds through grants and contributions from businesses, communities, and governmental entities to ensure the sustainability of their initiatives.
Overall, HCEDC's multifaceted approach to fostering and encouraging economic development has made a significant impact on Hancock County, creating a more vibrant and sustainable economy for residents and businesses alike.
This information is meant to be a general summary of Hancock Cty Economic Dev Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $623
- Gross Receipts: $139,049
Assets and Liabilities:
- Total Assets: $118,324
- Total Liabilities: $0
- Net Assets: $118,324
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Organization Details
Phone
(641) 923-9921Principal Officer
Jill Kramer
Main Address
650 W 3RD ST, GARNER, IA, 50438
Website
www.hancockcountyiowa.comNTEE Category
Code: S20 - Community improvement
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