Overview
What is Valley City - Barnes County Development Corporation?
Valley City - Barnes County Development Corporation is a nonprofit organization located in Valley City, North Dakota. With a focus on promoting economic development, they aim to support the City of Valley City and the surrounding Barnes County area. To accomplish this mission, they have secured a grant to fund two programs: a Career Work Experience Program and a Career & Technical Education Program, which are being implemented through the Sheyenne Valley Area Career and Technology Center. The corporation operates with a small team of three employees.
Is Valley City - Barnes County Development Corporation legitimate?
Valley City - Barnes County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Valley City - Barnes County 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.
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What is the mission statement of Valley City - Barnes County Development Corporation?
The Valley City - Barnes County Development Corporation's mission is centered around fostering economic growth. In pursuit of this objective, they focus on promoting development within the City of Valley City and its surrounding area. Their activities encompass supporting initiatives such as a Career Work Experience Program and a Career & Technical Education Program, as achieved through a grant to the Sheyenne Valley Area Career and Technology Center. This corporation aims to contribute significantly to the local economy by creating opportunities and fostering a conducive business environment.
Who is the CEO of Valley City - Barnes County Development Corporation?
Mary Lee Nielson is the Director of Valley City - Barnes County Development Corporation.
What is the revenue of Valley City - Barnes County Development Corporation?
Valley City - Barnes County Development Corporation's revenue in 2022 was $677,456.
Who are the executives of Valley City - Barnes County Development Corporation and what are their salaries?
There are 3 employees and 14 volunteers at Valley City - Barnes County Development Corporation.
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Where can I find the form 990 for Valley City - Barnes County Development Corporation?
Valley City - Barnes County Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley City - Barnes County Development Corporation
Valley City - Barnes County Development Corporation, in its mission, actively works towards fostering economic growth in the City of Valley City and its surrounding Barnes County area. This nonprofit organization's primary objective is to promote economic development, which it achieves through various initiatives. One such initiative includes supporting a Career Work Experience Program and a Career & Technical Education Program. This support is provided through a grant awarded to the Sheyenne Valley Area Career and Technology Center. By investing in these programs, Valley City - Barnes County Development Corporation is contributing to the development of a skilled workforce, which is essential for the region's economic growth. The corporation's mission is vital in creating opportunities and fostering a thriving economic landscape in the area it serves.
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Impact
October, 2024
The Valley City - Barnes County Development Corporation significantly impacts the local economy by promoting development initiatives in the City of Valley City and the surrounding Barnes County area. One key area of focus is the support of workforce development through programs such as the Career Work Experience Program and the Career & Technical Education Program, facilitated through a grant to the Sheyenne Valley Area Career and Technology Center.
These initiatives not only enhance the skill sets of the local workforce but also foster economic growth by equipping residents with the education and training needed for in-demand jobs. By investing in career and technical education, the organization contributes to community improvement, making Valley City and its surrounding areas more attractive for businesses and residents alike. The overarching goal is to create a vibrant local economy that supports its inhabitants and addresses the workforce needs of the future.
This information is meant to be a general summary of Valley City - Barnes County 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $25,181
- Program Service Revenue: $61,654
- Gross Receipts: $1,035,441
Assets and Liabilities:
- Total Assets: $6,644,931
- Total Liabilities: $1,428,705
- Net Assets: $5,216,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative Fees
Revenue
$44,264
Event income
Revenue
$11,587
Refunds and Sponsorshi
Revenue
$5,803
Organization Details
Founding Year
1985
Phone
(701) 845-1891Principal Officer
Mary Lee Nielson
Main Address
PO Box 724, Valley City, ND, 58072
NTEE Category
Code: S31 - Community improvement
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