Spencer-Owen County Economic Development Corporation

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

EIN: 311183771 ✦ Poland, IN ✦ Designated as a 501(c)(3)

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Overview

What is Spencer-Owen County Economic Development Corporation?

The Spencer-Owen County Economic Development Corporation, located in Spencer, Indiana, is a nonprofit organization with a primary mission to stimulate business growth and enhance the value of its membership within the community. This mission is achieved through promoting economic development and encouraging business expansion within the region. With a team of four dedicated individuals, the corporation's activities focus on creating more opportunities for economic growth and development within the local community.


Official website here: www.myowencountychamber.com

What do the Facebook reviews say about Spencer-Owen County Economic Development Corporation?

96% of the 8 reviewers on Facebook recommend the Spencer-Owen County Economic Development Corporation. Here is a summary of their reviews:

The reviews reflect a strong appreciation for the Chamber team, highlighting their creativity, drive, and effectiveness in bringing the community together. Many users emphasize the valuable support provided to local businesses, indicating that membership in the organization is seen as essential for business growth and community involvement.

Overall, there’s a positive sentiment surrounding the organization, with many expressing that its efforts significantly benefit Owen County and its businesses. Users feel that the nonprofit effectively fulfills its mission and plays a crucial role in fostering economic development in the area.


This AI summary has been generated from reviews found on Facebook.

Is Spencer-Owen County Economic Development Corporation legitimate?

Spencer-Owen County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spencer-Owen 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,579

For more financial information, click here


Official website here: www.myowencountychamber.com

What is the mission statement of Spencer-Owen County Economic Development Corporation?

The Spencer-Owen County Economic Development Corporation's mission is centered around fostering economic growth within the community. Their primary objective is to stimulate business activity, continuously enhancing the value of their membership. This organization strives to create more opportunities for economic development, ultimately contributing to the community's prosperity.


Official website here: www.myowencountychamber.com

What is the revenue of Spencer-Owen County Economic Development Corporation?

Spencer-Owen County Economic Development Corporation's revenue in 2023 was $301,254.


Official website here: www.myowencountychamber.com

Who are the executives of Spencer-Owen County Economic Development Corporation and what are their salaries?

The average compensation at Spencer-Owen County Economic Development Corporation during 2023 was $41,860. There are 3 employees at Spencer-Owen County Economic Development Corporation.

Here are 11 key members and their salaries:


Todd Gardner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Conner (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Turnil (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Grandi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Keiser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Hamlin (Edc Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Plunkett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Burger (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Cline (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron La Grange (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danell Witmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myowencountychamber.com

Where can I find the form 990 for Spencer-Owen County Economic Development Corporation?

Spencer-Owen County Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.myowencountychamber.com

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

Mission Statement of Spencer-Owen County Economic Development Corporation

The Spencer-Owen County Economic Development Corporation, as its name suggests, is a nonprofit organization with a mission to foster economic growth within the community. Its primary objective is to stimulate business activities, aiming to enhance the economic value of its membership. The corporation strives to create more opportunities for prosperity within the community, thereby contributing to its overall development. In essence, the Spencer-Owen County Economic Development Corporation serves as a catalyst for business growth and community advancement.

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Impact




October, 2024

The Spencer-Owen County Economic Development Corporation plays a vital role in promoting economic development and stimulating business growth within the community. By focusing on creating opportunities for economic growth, the organization enhances the value of local membership and fosters a thriving business environment. Its efforts contribute to community improvement, ultimately driving prosperity and elevating the quality of life for residents in Spencer, Indiana. Through strategic initiatives, the organization supports local businesses, attracts new investments, and strengthens the overall economic landscape of the area.




This information is meant to be a general summary of Spencer-Owen 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
$301,254 (2023)
Expenses
$260,731 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $460
  • Program Service Revenue: $91,190
  • Gross Receipts: $315,111

Assets and Liabilities:

  • Total Assets: $348,169
  • Total Liabilities: $28,770
  • Net Assets: $319,399

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Programs

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

SPONSORSHIPS

Revenue

$58,650

CHAMBER MEMBERSHIP DUES

Revenue

$31,690

EVENT REVENUE

Revenue

$850

Organization Details

Founding Year

1986

Principal Officer

Todd Gardner

NTEE Category

Code: S30 - Community improvement

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