Overview
What is Park Falls Area Community Development Corporation?
Park Falls Area Community Development Corporation is a nonprofit organization situated in Park Falls, Wisconsin. Their primary role is to foster local economic growth and development by distributing grant and loan funds to support businesses in the area. This organization plays a significant role in stimulating the local economy, contributing to the betterment of the community and its enterprises.
Is Park Falls Area Community Development Corporation legitimate?
Park Falls Area Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Park Falls Area Community Development Corporation submitted a form 990EZ, 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.
What is the mission statement of Park Falls Area Community Development Corporation?
The Park Falls Area Community Development Corporation serves a mission to distribute grant and loan funds, fostering business development within its sphere. This organization is dedicated to promoting local economic growth and development in an unspecified location. By allocating these financial resources, they aim to stimulate business expansion and contribute to the overall economic prosperity of the community. The corporation's activities primarily focus on supporting local businesses and encouraging sustainable growth.
Who is the CEO of Park Falls Area Community Development Corporation?
Unavailable
What is the revenue of Park Falls Area Community Development Corporation?
Park Falls Area Community Development Corporation's revenue in 2022 was $36,613.
Who are the executives of Park Falls Area Community Development Corporation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $642
- Related: $0
- Other: $0
Where can I find the form 990EZ for Park Falls Area Community Development Corporation?
Park Falls Area Community Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Park Falls Area Community Development Corporation
The Park Falls Area Community Development Corporation, as the name suggests, is an organization that plays a crucial role in promoting economic growth and development within its local community in Park Falls, Wisconsin. Its mission is twofold: it allocates grant and loan funds to support the development of area businesses, and it actively works towards fostering local economic growth. By providing financial assistance to businesses, this nonprofit organization contributes to the creation of new opportunities, facilitates job growth, and ultimately, strengthens the local economy. Its commitment to local economic development ensures a vibrant and thriving community for all its residents.
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Impact
October, 2024
The Park Falls Area Community Development Corporation significantly contributes to the economic vitality of Park Falls, WI. By allocating grant and loan funds, it supports local business development, fostering a conducive environment for entrepreneurship and job creation. Its efforts in promoting local economic development enhance community well-being and improve overall quality of life for residents. Through these initiatives, the organization plays a crucial role in driving community improvement and ensuring sustainable growth in the region.
This information is meant to be a general summary of Park Falls Area Community 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: $8,916
- Program Service Revenue: $22,480
- Gross Receipts: $36,613
Assets and Liabilities:
- Total Assets: $333,908
- Total Liabilities: $229,217
- Net Assets: $104,691
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Organization Details
Phone
(715) 744-4700Main Address
PO Box 408, Park Falls, WI, 54552
NTEE Category
Code: S31 - Community improvement
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