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Dewitt County Development Council

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

EIN: 320232345 ✦ Clinton, IL ✦ Designated as a 501(c)(3)

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Overview

What is Dewitt County Development Council?

The Dewitt County Development Council, located in Clinton, Illinois, is a small yet dedicated nonprofit organization with a single employee. Their primary mission is to stimulate and foster economic growth within DeWitt County, Illinois, primarily focusing on the retention, expansion, and attraction of industrial and commercial businesses. They achieve this goal through various means such as organizing conferences, expos, luncheons, and utilizing websites, social media, phone calls, emails, and meetings. Their initiatives aim to support existing businesses and encourage the establishment of new ones, contributing to the overall economic development of the county.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Three Stars (80%)

The Dewitt County Development Council has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 80%. This rating reflects the organization's commitment to transparency and effective management of its resources, which is essential for fostering trust among donors and the community.

Strengths of the organization include a fully independent board with 12 members, ensuring unbiased governance, as well as a strong program expense ratio of 89.27%, demonstrating a focus on utilizing funds for their core mission. Additionally, the council has no material diversion of assets, indicating prudent financial practices and a robust conflict of interest policy that enhances its credibility.

Despite these positive aspects, the overall score suggests there may still be areas for improvement. While the council meets several accountability standards, continued efforts to enhance financial performance and operational efficiency can further strengthen its impact and sustainability in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Dewitt County Development Council legitimate?

Dewitt County Development Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dewitt County Development Council 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: $32,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dewitt County Development Council?

The Dewitt County Development Council's mission is to actively encourage, foster, promote, aid, and stimulate economic growth in DeWitt County, Illinois. This is primarily achieved by facilitating the retention, expansion, and attraction of industrial and commercial businesses within the region. The council accomplishes this through various means, such as organizing conferences, expos, luncheons, and utilizing online platforms like websites, social media, phone calls, emails, and meetings.

Who is the CEO of Dewitt County Development Council?

Dexter Peterson is the President of Dewitt County Development Council.

What is the revenue of Dewitt County Development Council?

Dewitt County Development Council's revenue in 2023 was $32,200.

Who are the executives of Dewitt County Development Council and what are their salaries?

The average compensation at Dewitt County Development Council during 2023 was $32,500. There is 1 employee at Dewitt County Development Council.


Here are 13 key members and their salaries:


Curt Homann (Executive Dir.)
  • Compensation: $32,500
  • Related: $0
  • Other: $0
Rachel Torbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Baum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nan Crang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Witte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Testory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Runyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meinda Guest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Brisard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance White (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dexter Peterson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Skowron (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dewitt County Development Council?

Dewitt County Development Council's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Dewitt County Development Council

The Dewitt County Development Council, as a non-profit organization, is dedicated to stimulating and fostering economic growth in Dewitt County, Illinois. Their primary objective is to retain, expand, and attract industrial and commercial businesses within the region. By doing so, they aim to promote and aid the overall economic development of the county. The council achieves this mission through various means, such as hosting conferences, expos, luncheons, and utilizing social media, websites, phone calls, email communications, and face-to-face meetings to engage with existing businesses and encourage start-ups. The Dewitt County Development Council plays a crucial role in supporting the local economy and contributing to its continued prosperity.

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Impact




August, 2024

The Dewitt County Development Council has significantly contributed to the economic growth and prosperity of Dewitt County, Illinois. By actively engaging with existing businesses and facilitating their retention and expansion, as well as attracting new industrial and commercial enterprises to the area, the council has played a key role in driving economic development. Through a variety of initiatives such as conferences, expos, luncheons, websites, social media outreach, phone calls, emails, and face-to-face meetings, the council has successfully connected businesses with valuable resources and opportunities. Their dedication to fostering a thriving business environment has had a tangible impact on the community, leading to job creation, increased investment, and overall improvements in quality of life.




This information is meant to be a general summary of Dewitt County Development Council. 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
$32,200 (2023)
Expenses
$57,980 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,200
  • Gross Receipts: $32,200

Assets and Liabilities:

  • Total Assets: $223,247
  • Total Liabilities: $626
  • Net Assets: $222,621

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Organization Details

Founding Year

2008

Principal Officer

Dexter Peterson

Main Address

PO BOX 376, CLINTON, IL, 61727

NTEE Category

Code: S30 - Community improvement

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