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Ripley County Economic Development Corporation

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

EIN: 351994940 ✦ Versailles, IN ✦ Designated as a 501(c)(6)

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Overview

What is Ripley County Economic Development Corporation?

The Ripley County Economic Development Corporation, situated in Versailles, Indiana, is a dedicated nonprofit organization. Its primary mission is twofold: to stimulate the growth of new businesses within the county, thereby expanding the job market for locals, and to support the expansion and retention of existing businesses to foster their success. The corporation carries out these objectives through various economic development activities.


Official website here: www.ripleycountyedc.com

Is Ripley County Economic Development Corporation legitimate?

Ripley County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ripley 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,142

For more financial information, click here


Official website here: www.ripleycountyedc.com

What is the mission statement of Ripley County Economic Development Corporation?

The Ripley County Economic Development Corporation (RCEDC) is committed to promoting economic development activities that foster new business development. This mission aims to provide diverse employment opportunities for the county's citizens. In addition, RCEDC facilitates business expansion and retention programs, aiming to enhance the growth and success of existing businesses within the county. The organization's activities are designed to stimulate the local economy and create a conducive business environment.


Official website here: www.ripleycountyedc.com

Who is the CEO of Ripley County Economic Development Corporation?

Gary Norman is the Executive Director of Ripley County Economic Development Corporation.


Official website here: www.ripleycountyedc.com

What is the revenue of Ripley County Economic Development Corporation?

Ripley County Economic Development Corporation's revenue in 2022 was $34,828.


Official website here: www.ripleycountyedc.com

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

The average compensation at Ripley County Economic Development Corporation during 2022 was $43,071. There are 2 employees and 8 volunteers at Ripley County Economic Development Corporation.


Here are 11 key members and their salaries:


Gary Norman (Executive Director)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Deborah Tomkins (Treasurer)
  • Compensation: $11,142
  • Related: $0
  • Other: $0
Jeff Volz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Meisberger (V President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Jenner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Lauber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Stratton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Hildebrand (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Wetzler (Baord Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Fledderman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Vollmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ripleycountyedc.com

Where can I find the form 990 for Ripley County Economic Development Corporation?

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


Official website here: www.ripleycountyedc.com

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

Mission Statement of Ripley County Economic Development Corporation

The Ripley County Economic Development Corporation (RCEDC) is dedicated to pursuing economic development activities that serve two primary objectives. Firstly, RCEDC aims to foster the establishment of new businesses, thereby expanding the scope of employment opportunities available to the county's citizens. Secondly, the organization works towards enhancing the growth and success of existing businesses through facilitation of expansion and retention programs. By undertaking these activities, RCEDC plays a vital role in promoting the overall economic development of the region.

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Impact




October, 2024

Ripley County Economic Development Corporation (RCEDC) plays a crucial role in fostering economic growth in Ripley County by promoting new business development and supporting existing enterprises. By actively seeking and providing economic development activities, RCEDC creates diverse employment opportunities, enhancing the quality of life for local residents.

The organization’s initiatives are focused on attracting new businesses to the area, which stimulates the local economy and provides residents with varied job options. In addition to facilitating new business ventures, RCEDC emphasizes the importance of business expansion and retention programs. These efforts are essential for enhancing the growth and success of established businesses, ensuring their sustainability within the community.

Located in Versailles, IN, RCEDC's commitment to community improvement is evident in its programs designed to bolster both emerging and existing enterprises. Through its comprehensive approach, the organization not only contributes to the economic vitality of Ripley County but also helps create a thriving environment for residents and businesses alike.




This information is meant to be a general summary of Ripley 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
$34,828 (2022)
Expenses
$111,684 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,189
  • Gross Receipts: $51,403

Assets and Liabilities:

  • Total Assets: $453,133
  • Total Liabilities: $79
  • Net Assets: $453,054

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Organization Details

Founding Year

1995

Principal Officer

Gary Norman

Main Address

PO Box 576, Versailles, IN, 47042

NTEE Category

Code: S41 - Community improvement

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