Ascension Economic Development Corporation

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

EIN: 300340663 ✦ Gonzales, LA ✦ Designated as a 501(c)(6)

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Overview

What is Ascension Economic Development Corporation?

The Ascension Economic Development Corporation, located in Gonzales, Louisiana, is a dedicated nonprofit organization with a mission to bolster economic growth in Ascension Parish. Their primary focus is on diversifying the local economy, aiming to enhance the prosperity of the community's residents. To achieve this, the corporation implements various economic development programs, working tirelessly for the benefit of Ascension Parish's citizens. With a small team of three dedicated individuals, they are committed to fostering the region's economic development and progress.

Is Ascension Economic Development Corporation legitimate?

Ascension Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ascension 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: $142,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,226

For more financial information, click here

What is the mission statement of Ascension Economic Development Corporation?

The Ascension Economic Development Corporation is tasked with implementing economic development programs, benefiting the citizens of Ascension Parish, Louisiana. Their primary mission is to promote economic growth in the region. The corporation is responsible for designing and executing initiatives aimed at diversifying the local economy, thereby improving the overall economic well-being of the community. By implementing these programs, the Ascension Economic Development Corporation aims to create opportunities for job growth, community development, and overall prosperity.

Who is the CEO of Ascension Economic Development Corporation?

Unavailable The CEO's salary of Ascension Economic Development Corporation is $142,161 and their total compensation is $142,161.

What is the revenue of Ascension Economic Development Corporation?

Ascension Economic Development Corporation's revenue in 2022 was $624,778.

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

The average compensation at Ascension Economic Development Corporation during 2022 was $84,129. There are 3 employees at Ascension Economic Development Corporation.


Here are 15 key members and their salaries (Ascension Economic Development Corporation's CEO's salary is $142,161 and their total compensation is $142,161):


Kate Macarthur (President & Ceo)
  • Compensation: $142,161
  • Related: $0
  • Other: $0
Janet Britton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Burgess (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Dawson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Lawler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cagnolatti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Boudreaux (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Coco (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauthaught Delaney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Keese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Clouatre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Leblanc (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Schexnaydre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Poirrier (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Schexnayder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ascension Economic Development Corporation?

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

Mission Statement of Ascension Economic Development Corporation

Ascension Economic Development Corporation, or AEDC, is a nonprofit organization with a mission to drive economic growth in Ascension Parish, Louisiana. Its primary responsibility involves implementing various economic development programs aimed at benefiting the local community. The corporation's objective is to promote economic development within the region, working tirelessly to foster a prosperous environment for its citizens. By implementing these programs, AEDC strives to contribute positively to the overall economic well-being of Ascension Parish.

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Impact




October, 2024

Ascension Economic Development Corporation (AEDC) plays a crucial role in diversifying and strengthening the economy of Ascension Parish, Louisiana. By implementing targeted economic development programs, AEDC fosters an environment conducive to growth and investment, directly benefiting the local community.

The organization's efforts focus on promoting various sectors beyond the traditional industries, enhancing job opportunities and economic resilience. Through strategic planning and collaboration with local businesses and stakeholders, AEDC works to attract new investments and support existing enterprises, ultimately driving community improvement.

The impact of AEDC is evident in its commitment to elevating the overall quality of life for residents in Ascension Parish, ensuring sustainable economic development that meets the needs of the population while preparing for future challenges.




This information is meant to be a general summary of Ascension 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
$624,778 (2022)
Expenses
$614,640 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,260
  • Gross Receipts: $624,778

Assets and Liabilities:

  • Total Assets: $1,340,502
  • Total Liabilities: $167,101
  • Net Assets: $1,173,401

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Organization Details

Main Address

1210 E WORTHEY STREET UNIT B, GONZALES, LA, 70737

NTEE Category

Code: S30 - Community improvement

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