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Allen Economic Development Group

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

EIN: 341833790 ✦ Lima, OH ✦ Designated as a 501(c)(6)

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Overview

What is Allen Economic Development Group?

Allen Economic Development Group is a nonprofit organization situated in Lima, Allen County, dedicated to fostering and propelling economic growth within the region. They accomplish this by offering specialized economic development services to various local government entities. Their mission lies in stimulating and promoting economic development, contributing to the betterment of the Lima and Allen County community.


Official website here: www.aedg.org

Is Allen Economic Development Group legitimate?

Allen Economic Development Group is a legitimate nonprofit organization registered as a 501(c)(6) entity. Allen Economic Development Group 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: $119,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,900

For more financial information, click here


Official website here: www.aedg.org

What is the mission statement of Allen Economic Development Group?

The Allen Economic Development Group is dedicated to fostering economic growth and advancement in a specific region. They achieve this by offering economic development services to various government entities, thereby stimulating economic growth and development in the area. The group's primary aim is to promote economic prosperity and development, carrying out its mission by providing essential services to relevant authorities. Their activities are focused on stimulating economic growth and development, thereby contributing to the overall economic well-being of the region.


Official website here: www.aedg.org

Who is the CEO of Allen Economic Development Group?

David Stratton is the Chair Person of Allen Economic Development Group. The CEO's salary of Allen Economic Development Group is $119,175 and their total compensation is $126,271.


Official website here: www.aedg.org

What is the revenue of Allen Economic Development Group?

Allen Economic Development Group's revenue in 2022 was $529,875.


Official website here: www.aedg.org

Who are the executives of Allen Economic Development Group and what are their salaries?

The average compensation at Allen Economic Development Group during 2022 was $75,519. There are 4 employees and 13 volunteers at Allen Economic Development Group.


Here are 14 key members and their salaries (Allen Economic Development Group's CEO's salary is $119,175 and their total compensation is $126,271):


Eric Pohjala (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Alexander (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad King (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Seibert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Buell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Cynthia Spiers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Rush (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharetta Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Whitlow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Turnwald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Recker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Horner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Violet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stratton (Ceo)
  • Compensation: $119,175
  • Related: $0
  • Other: $7,096


Official website here: www.aedg.org

Where can I find the form 990 for Allen Economic Development Group?

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


Official website here: www.aedg.org

Learn more at the official website: www.aedg.org

Mission Statement of Allen Economic Development Group

Allen Economic Development Group, as its name suggests, is dedicated to fostering economic growth and development in the Lima and Allen County region. This nonprofit organization undertakes economic development tasks for various government entities, aiming to stimulate economic progress in the area. By performing these services, Allen Economic Development Group contributes to the region's overall prosperity and development, creating opportunities for businesses and the community as a whole.

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Impact




October, 2024

The Allen Economic Development Group plays a crucial role in fostering economic growth and development in the Lima and Allen County region. By providing essential economic development services to various government entities, it enhances the local economy, stimulates job creation, and encourages investment. The organization's efforts not only support the establishment of new businesses but also promote existing ones, contributing to a vibrant and sustainable economic environment. Through its initiatives, the Allen Economic Development Group helps to improve the quality of life for residents by facilitating educational opportunities and workforce development, ensuring that the community remains competitive and dynamic.




This information is meant to be a general summary of Allen Economic Development Group. 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
$529,875 (2022)
Expenses
$523,621 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $57,087
  • Gross Receipts: $529,875

Assets and Liabilities:

  • Total Assets: $377,096
  • Total Liabilities: $18,724
  • Net Assets: $358,372

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Programs

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

ADMINISTRATIVE INCOME

Revenue

$40,000

OTHER INCOME

Revenue

$17,087

Organization Details

Founding Year

1993

Principal Officer

David Stratton

Main Address

144 SOUTH MAIN STREET 200, LIMA, OH, 45801

NTEE Category

Code: B60 - Education

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