Overview
What is Cereal City Development Corporation?
The Cereal City Development Corporation, based in Battle Creek, Michigan, is a nonprofit organization with a mission to enhance the community's economy and quality of life. They accomplish this by managing two significant facilities: Kellogg Arena and the Festival Market Square. These venues serve as hosting grounds for a variety of events that contribute positively to the community, fostering economic growth and fostering a vibrant community atmosphere. The corporation employs a workforce of 75 individuals, working diligently to attract events that align with their mission and mission.
Official website here: www.kelloggarena.com
What do the Facebook reviews say about Cereal City Development Corporation?
74% of the 811 reviewers on Facebook recommend Cereal City Development Corporation. Here is a summary of their reviews:
A significant portion of the feedback expresses concern regarding the organization’s involvement in events related to animal entertainment, specifically critiquing events that feature animals in non-natural settings. The sentiment reflects a strong opposition to such practices, with some calling for more humane treatment of animals, indicating a disconnect between their values and the events being hosted.
While not all reviews were positive, the overall sentiment suggests that many supporters appreciate the organization's efforts in community development. However, the controversies surrounding specific events have overshadowed the positive contributions, leaving some individuals reluctant to recommend the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Cereal City Development Corporation legitimate?
Cereal City Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cereal City 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: $89,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,692
For more financial information, click here
Official website here: www.kelloggarena.com
What is the mission statement of Cereal City Development Corporation?
The Cereal City Development Corporation's mission is centered around attracting a variety of events that positively impact the community's economy and quality of life. This organization strives to contribute to the city's prosperity by organizing events that generate economic growth. Additionally, the corporation is responsible for managing facilities such as Kellogg Arena and the Festival Market Square, where these community events take place. Their primary goal is to enhance the city's economic development through these events.
Official website here: www.kelloggarena.com
Who is the CEO of Cereal City Development Corporation?
Theodore Dearing is the Chairman of Cereal City Development Corporation.
Official website here: www.kelloggarena.com
What is the revenue of Cereal City Development Corporation?
Cereal City Development Corporation's revenue in 2022 was $1,378,844.
Official website here: www.kelloggarena.com
Who are the executives of Cereal City Development Corporation and what are their salaries?
The average compensation at Cereal City Development Corporation during 2022 was $8,307. There are 75 employees and 8 volunteers at Cereal City Development Corporation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $111,005
- Other: $27,033
- Compensation: $0
- Related: $116,928
- Other: $24,347
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $76,269
- Related: $0
- Other: $11,321
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kelloggarena.com
Where can I find the form 990 for Cereal City Development Corporation?
Cereal City Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kelloggarena.com
Learn more at the official website: www.kelloggarena.com
Mission Statement of Cereal City Development Corporation
Cereal City Development Corporation, a nonprofit organization, is committed to attracting a variety of events that positively impact the community's economy and quality of life. Its mission is to contribute to the city's prosperity by organizing events that enhance its economic standing and overall well-being. As part of its efforts, the corporation manages and operates venues such as Kellogg Arena and the Festival Market Square, hosting community events that align with its mission. By doing so, Cereal City Development Corporation plays a significant role in promoting economic development within the community.
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Impact
October, 2024
Cereal City Development Corporation plays a pivotal role in enhancing the economy and quality of life in Battle Creek, Michigan. By managing key venues like Kellogg Arena and Festival Market Square, it successfully attracts a diverse array of events that benefit the community. These events not only bring entertainment and cultural enrichment but also stimulate local businesses and create job opportunities. Through its efforts, the Corporation contributes significantly to economic development, fostering a vibrant community atmosphere that enhances the overall well-being of Battle Creek residents.
This information is meant to be a general summary of Cereal City 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.
- Program Service Revenue: $994,670
- Gross Receipts: $1,378,844
Assets and Liabilities:
- Total Assets: $707,399
- Total Liabilities: $152,833
- Net Assets: $554,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM EVENTS
Revenue
$994,670
Organization Details
Founding Year
1984
Phone
(269) 963-4800Principal Officer
Theodore Dearing
Main Address
1 MCCAMLY SQUARE, BATTLE CREEK, MI, 49017
Website
www.kelloggarena.comNTEE Category
Code: S200 - Community improvement
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