Middletown Area Development Enterprises

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

EIN: 316040364 ✦ Middletown, OH ✦ Designated as a 501(c)(6)

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Overview

What is Middletown Area Development Enterprises?

Middletown Area Development Enterprises is a nonprofit organization based in Middletown, Ohio. Their primary mission is to stimulate growth and development within the area by holding industrial land for sale. This strategy aims to attract businesses and foster economic expansion in the community. The organization's activities are centered around the promotion and development of the Middletown area, with a focus on the sale of industrial land.

Is Middletown Area Development Enterprises legitimate?

Middletown Area Development Enterprises is a legitimate nonprofit organization registered as a 501(c)(6) entity. Middletown Area Development Enterprises 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

What is the mission statement of Middletown Area Development Enterprises?

Middletown Area Development Enterprises' mission revolves around holding industrial land for sale, with the primary objective of fostering growth and development in the area. By selling this land, the organization aims to stimulate economic expansion and progress within the specified region. The organization's activities are centered around promoting industrial growth and development, thereby contributing to the overall economic prosperity of the area.

Who is the CEO of Middletown Area Development Enterprises?

Ken Cohen is the President of Middletown Area Development Enterprises.

What is the revenue of Middletown Area Development Enterprises?

Middletown Area Development Enterprises's revenue in 2023 was $15,727.

Who are the executives of Middletown Area Development Enterprises and what are their salaries?

There 7 volunteers at Middletown Area Development Enterprises.


Here are 5 key members and their salaries:


Mike Stautberg (Individual Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Abbott (Individual Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Pearce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bergs (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Cohen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Middletown Area Development Enterprises?

Middletown Area Development Enterprises's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Middletown Area Development Enterprises

Middletown Area Development Enterprises, a nonprofit organization, is dedicated to fostering growth and development within its area of influence. To achieve this objective, the organization holds industrial land, which it sells as a strategic tool. By promoting the sale of this land, Middletown Area Development Enterprises aims to stimulate economic activity and attract businesses that contribute to the overall development of the community. The organization's mission is centered around facilitating growth and development, leveraging its land holdings as a means to drive economic progress in the Middletown area.

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Impact




October, 2024

Middletown Area Development Enterprises plays a crucial role in fostering economic growth and development in the Middletown area by strategically holding and selling industrial land. This initiative promotes the establishment and expansion of businesses, creating job opportunities and revitalizing the local economy. By making industrial sites accessible to new and existing companies, the organization facilitates investments that drive innovation, enhance community resources, and improve the overall quality of life for residents. Its commitment to community improvement not only stimulates economic activity but also supports a vibrant and sustainable future for Middletown.




This information is meant to be a general summary of Middletown Area Development Enterprises. 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
$15,727 (2023)
Expenses
$362 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $15,727
  • Gross Receipts: $15,727

Assets and Liabilities:

  • Total Assets: $558,750
  • Total Liabilities: $0
  • Net Assets: $558,750

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Organization Details

Founding Year

1963

Principal Officer

Ken Cohen

Main Address

1500 CENTRAL AVE, MIDDLETOWN, OH, 45044

NTEE Category

Code: S30 - Community improvement

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