Overview
What is Vernon Economic Development Association Inc?
The Vernon Economic Development Association Inc, situated in Viroqua, Wisconsin, is a diligent nonprofit organization with a mission to stimulate economic growth and uphold the rural lifestyle of Vernon County. They accomplish this by supporting entrepreneurship, fostering the expansion of existing businesses, and recruiting new ventures to the region. The association offers educational forums, technical assistance, and promotes job training and education for the local workforce. They function as a central hub, providing assistance, information, and resources to bolster economic development within the county, aiming to create wealth and prosperity for the community while preserving its unique rural character. The organization's team comprises a modest workforce of two dedicated individuals.
Official website here: www.veda-wi.org
Is Vernon Economic Development Association Inc legitimate?
Vernon Economic Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon Economic Development Association Inc 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: $72,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $960
For more financial information, click here
Official website here: www.veda-wi.org
What is the mission statement of Vernon Economic Development Association Inc?
The Vernon Economic Development Association Inc's mission is centered around fostering economic growth and preserving rural lifestyle. They achieve this by offering educational and technical assistance to both new and existing businesses. This organization plays a significant role in supporting entrepreneurship, promoting the development of new businesses, and aiding in the retention and expansion of existing ones. Additionally, they actively recruit new businesses to the county and organize educational forums, providing technical assistance and job training programs for the local workforce. The association serves as a central resource, offering assistance, information, and resources to aid in economic development efforts.
Official website here: www.veda-wi.org
Who is the CEO of Vernon Economic Development Association Inc?
Mike Breckel is the President of Vernon Economic Development Association Inc.
Official website here: www.veda-wi.org
What is the revenue of Vernon Economic Development Association Inc?
Vernon Economic Development Association Inc's revenue in 2022 was $366,888.
Official website here: www.veda-wi.org
Who are the executives of Vernon Economic Development Association Inc and what are their salaries?
The average compensation at Vernon Economic Development Association Inc during 2022 was $36,880. There are 2 employees and 16 volunteers at Vernon Economic Development Association Inc.
Here are 15 key members and their salaries:
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Official website here: www.veda-wi.org
Where can I find the form 990 for Vernon Economic Development Association Inc?
Vernon Economic Development Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.veda-wi.org
Learn more at the official website: www.veda-wi.org
Mission Statement of Vernon Economic Development Association Inc
The Vernon Economic Development Association Inc is dedicated to fostering economic growth and prosperity while preserving the rural lifestyle of the region. To achieve this mission, the organization provides educational and technical assistance to both new and existing businesses. This support aims to nurture entrepreneurship and the establishment of new ventures, while also working towards the retention and expansion of existing businesses. Additionally, the association actively recruits new companies to the county, providing them with a conducive environment for growth.
Beyond direct business support, the Vernon Economic Development Association Inc also serves as a central hub of assistance, information, and resources for economic development. It organizes educational forums and offers technical assistance, promoting job training and education for the local workforce. By doing so, the association plays a pivotal role in enhancing the skills and capabilities of the labor force, thereby contributing to the overall economic development of the region.
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Impact
October, 2024
Vernon Economic Development Association Inc significantly impacts the local economy by fostering entrepreneurship and supporting both the creation of new businesses and the growth of existing ones. By concentrating on the retention and expansion of local enterprises, the organization enhances job stability and economic resilience in Vernon County.
Their initiatives include providing educational forums and technical assistance, which empower entrepreneurs with the knowledge and skills necessary to succeed. This support not only aids in the establishment of new ventures but also strengthens the overall business community, ensuring that existing businesses can adapt and thrive.
Additionally, the association actively recruits new businesses, diversifying the local economy and creating a more vibrant economic landscape. By promoting job training and education for the labor force, they ensure that the community is equipped with a skilled workforce capable of meeting the demands of evolving industries.
Overall, Vernon Economic Development Association Inc plays a pivotal role in building economic wealth and prosperity while upholding the unique rural lifestyle of Vernon County, making it a central resource for economic development in the region.
This information is meant to be a general summary of Vernon Economic Development Association Inc. 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: $103
- Program Service Revenue: $216,643
- Gross Receipts: $366,888
Assets and Liabilities:
- Total Assets: $4,480,050
- Total Liabilities: $77,338
- Net Assets: $4,402,712
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$216,643
Organization Details
Founding Year
2006
Phone
(608) 638-8332Principal Officer
Mike Breckel
Main Address
1201 N MAIN STREET, VIROQUA, WI, 54665
Website
www.veda-wi.orgNTEE Category
Code: S300 - Community improvement
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