Leeds Economic Development Corporation

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

EIN: 363719006 ✦ Leeds, ND ✦ Designated as a 501(c)(6)

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Overview

What is Leeds Economic Development Corporation?

Leeds Economic Development Corporation is a nonprofit organization actively engaged in fostering economic growth within its city and surrounding trade area. They serve as a facilitator, working in partnerships to retain and develop local businesses. Their primary mission is to contribute to the local economy, acting as a trustee or agent in various collaborative initiatives. By doing so, they aim to enhance the overall economic health and prosperity of the area.

Is Leeds Economic Development Corporation legitimate?

Leeds Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Leeds 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Leeds Economic Development Corporation?

The Leeds Economic Development Corporation serves to stimulate economic progress within its city and surrounding trade area. Acting as a mediator or fiduciary in collaborative partnerships, the corporation plays a crucial role in retaining and fostering the development of the local economy. Its mission is centered around promoting economic growth, aiming to maintain and enhance the economic vitality of the region.

Who is the CEO of Leeds Economic Development Corporation?

Roger Kenner is the Chairman of Leeds Economic Development Corporation.

What is the revenue of Leeds Economic Development Corporation?

Leeds Economic Development Corporation's revenue in 2022 was $279,437.

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

There 12 volunteers at Leeds Economic Development Corporation.


Here are 12 key members and their salaries:


Robert Bubach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Hoffmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Hofstrand (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Jacobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jorgenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Kenner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Kenner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Kenner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Nelsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Paulson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Streyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Streyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Leeds Economic Development Corporation?

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

Mission Statement of Leeds Economic Development Corporation

The Leeds Economic Development Corporation, in its mission, works towards fostering economic growth in its city and adjacent trade area. This organization serves as a facilitator, acting in collaborative partnerships to retain and develop the local economy. By taking on this role as an agent or trustee, the Leeds Economic Development Corporation plays a significant part in promoting financial advancement within its community.

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Impact




October, 2024

The Leeds Economic Development Corporation significantly impacts the economic landscape of Leeds, North Dakota, and its surrounding trade area. By fostering cooperative relationships among local stakeholders, it plays a critical role in retaining and developing the local economy. This organization actively promotes economic growth by identifying opportunities for business expansion, supporting local entrepreneurs, and attracting new investments to the region.

Through its initiatives, the Leeds Economic Development Corporation enhances community improvement by creating job opportunities and improving the quality of life for residents. Its engagement in strategic economic development efforts contributes to a vibrant local economy, bolstering the overall resilience and sustainability of the Leeds area. By serving as an agent and trustee, it not only nurtures existing businesses but also cultivates an environment conducive to new ventures, ultimately strengthening the community's economic foundation.




This information is meant to be a general summary of Leeds 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
$279,437 (2022)
Expenses
$173,252 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,276
  • Program Service Revenue: $28,200
  • Gross Receipts: $4,335,431

Assets and Liabilities:

  • Total Assets: $913,467
  • Total Liabilities: $0
  • Net Assets: $913,467

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Programs

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

BUIDLING RENTAL

Revenue

$28,200

Organization Details

Founding Year

1996

Principal Officer

Roger Kenner

Main Address

PO BOX 243, LEEDS, ND, 58346

NTEE Category

Code: S30 - Community improvement

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