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Le Mars Business Initiative Corp

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

EIN: 237043864 ✦ Le mars, IA ✦ Designated as a 501(c)(6)

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Overview

What is Le Mars Business Initiative Corp?

Le Mars Business Initiative Corp, based in Le Mars, Iowa, serves as a catalyst for business and economic growth in the region. Their primary mission is to uplift local businesses and contribute to the development of the Wells Blue Bunny Corporate Campus. Through various activities, they aim to enhance the business environment in Le Mars, Iowa, providing assistance and support to the community.


Official website here: www.growlemars.com/

Is Le Mars Business Initiative Corp legitimate?

Le Mars Business Initiative Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Le Mars Business Initiative 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:

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

For more financial information, click here


Official website here: www.growlemars.com/

What is the mission statement of Le Mars Business Initiative Corp?

The Le Mars Business Initiative Corp's mission is centered around enhancing businesses within its community and assisting in the development of new corporate campuses. Specifically, their activities aim to promote business and economic growth in a broader area. This non-profit organization is dedicated to contributing to the local economy by supporting existing businesses and facilitating the establishment of new ones.


Official website here: www.growlemars.com/

Who is the CEO of Le Mars Business Initiative Corp?

Micah Lang is the Director of Le Mars Business Initiative Corp.


Official website here: www.growlemars.com/

What is the revenue of Le Mars Business Initiative Corp?

Le Mars Business Initiative Corp's revenue in 2022 was $1,111,382.


Official website here: www.growlemars.com/

Who are the executives of Le Mars Business Initiative Corp and what are their salaries?


Here are 19 key members and their salaries:


Jeff Arens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Bixenman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michaela Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bruns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Donlin (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Eekhoff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori French (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gaul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Kneip (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Kovarna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Lang (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Lloyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Schmitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernie Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Vacura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Webner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wells (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.growlemars.com/

Where can I find the form 990 for Le Mars Business Initiative Corp?

Le Mars Business Initiative Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.growlemars.com/

Learn more at the official website: www.growlemars.com/

Mission Statement of Le Mars Business Initiative Corp

Le Mars Business Initiative Corp, as a nonprofit organization, is dedicated to enhancing businesses in its community and aiding in the development of a new corporate campus. Their mission is twofold: firstly, they aim to boost economic growth and business development within the broader Le Mars area. Secondly, they provide assistance in the construction of the new Wells Blue Bunny Corporate Campus. By promoting business development, Le Mars Business Initiative Corp seeks to contribute positively to the community's economic landscape and create opportunities for local businesses to thrive.

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Impact




October, 2024

Le Mars Business Initiative Corp significantly impacts the Le Mars community by fostering economic growth and supporting local businesses. Its activities are centered on enhancing the business landscape and ensuring that enterprises thrive within the region. A key focus is the development of the Wells Blue Bunny Corporate Campus, which is poised to bring new opportunities and resources to the area.

Through targeted initiatives, the organization promotes collaboration among businesses, helping to create a vibrant local economy. This focus on business enhancement not only supports existing companies but also attracts new investments, leading to job creation and community development. By fostering an environment conducive to growth and innovation, the Le Mars Business Initiative Corp plays a crucial role in the overall prosperity of the Greater Le Mars area.




This information is meant to be a general summary of Le Mars Business Initiative 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.

Revenue
$1,111,382 (2022)
Expenses
$168,558 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $40,213
  • Gross Receipts: $2,455,402

Assets and Liabilities:

  • Total Assets: $21,476,625
  • Total Liabilities: $9,254,826
  • Net Assets: $12,221,799

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Programs

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

PASS THROUGH LOAN INTEREST

Revenue

$40,213

Organization Details

Founding Year

1998

Principal Officer

Micah Lang

Main Address

50 CENTRAL AVE SE, LE MARS, IA, 51031

NTEE Category

Code: S40 - Community improvement

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