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Burt County Economic Development Corporation

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

EIN: 202742265 ✦ Tekamah, NE ✦ Designated as a 501(c)(6)

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Overview

What is Burt County Economic Development Corporation?

The Burt County Economic Development Corporation is a nonprofit organization committed to fostering economic growth within the county. Their primary objective is to enhance the income levels and generate employment opportunities for local residents. They achieve this by offering low-interest loans and grants to local businesses, facilitating improvements in their infrastructure. This support aims to bolster the financial stability and competitiveness of these enterprises, ultimately contributing to the county's overall economic prosperity. The organization's mission encompasses providing essential economic development services to both businesses and individuals in the community.


Official website here: www.burtcoedc.com

Is Burt County Economic Development Corporation legitimate?

Burt County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Burt County 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: $45,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.burtcoedc.com

What is the mission statement of Burt County Economic Development Corporation?

The Burt County Economic Development Corporation's primary mission is to offer economic development services to businesses and individuals within the county. This organization aims to enhance average income levels and generate job opportunities. A significant part of their activities involves providing low-interest loans to local businesses for necessary building improvements. Additionally, they offer low-interest grants to help businesses improve their operations, thereby contributing to the county's economic growth. In essence, the Burt County Economic Development Corporation is committed to fostering economic growth and development in the county by offering financial assistance to local businesses.


Official website here: www.burtcoedc.com

Who is the CEO of Burt County Economic Development Corporation?

Cynthia S Chatt is the Executive Director of Burt County Economic Development Corporation.


Official website here: www.burtcoedc.com

What is the revenue of Burt County Economic Development Corporation?

Burt County Economic Development Corporation's revenue in 2022 was $69,235.


Official website here: www.burtcoedc.com

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

The average compensation at Burt County Economic Development Corporation during 2022 was $45,689. There is 1 employee at Burt County Economic Development Corporation.


Here are 4 key members and their salaries:


Patty Plugge (Executive Director)
  • Compensation: $45,689
  • Related: $0
  • Other: $0
Gary Swanson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Chatt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Zink (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.burtcoedc.com

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

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


Official website here: www.burtcoedc.com

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

Mission Statement of Burt County Economic Development Corporation

The Burt County Economic Development Corporation's primary mission is geared towards providing economic development services to businesses and individuals within the county. This organization plays a crucial role in boosting the average income and creating job opportunities by offering low-interest loans and grants. The core activity of Burt County Economic Development Corporation revolves around improving local businesses, specifically by providing financial assistance in the form of low-interest loans for building improvements. This initiative aims to stimulate economic growth and foster a prosperous business environment within the county.

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Impact




October, 2024

The Burt County Economic Development Corporation actively enhances the local economy by offering critical support to businesses and individuals. By providing low-interest loans and grants, they facilitate building improvements that help local businesses thrive. This approach not only aids in job creation but also plays a vital role in increasing the average income within the county. Their commitment to economic development services directly contributes to community improvement, making a lasting impact on the economic landscape of Burt County and its residents. Through their initiatives, they foster a robust environment for business growth and sustainability in Tekamah, Nebraska, ultimately benefiting the entire community.




This information is meant to be a general summary of Burt County 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
$69,235 (2022)
Expenses
$110,129 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85
  • Gross Receipts: $69,235

Assets and Liabilities:

  • Total Assets: $191,536
  • Total Liabilities: $631
  • Net Assets: $190,905

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Organization Details

Principal Officer

Cynthia S Chatt

Main Address

111 N 13TH ST, TEKAMAH, NE, 68061

NTEE Category

Code: S41 - Community improvement

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