Overview
What is Beaver Dam Area Development Corp?
Beaver Dam Area Development Corp is a nonprofit organization based in Beaver Dam, Wisconsin. Their primary mission is to stimulate economic growth within the city by providing assistance in developing additional business parks, establishing connections with potential businesses looking to expand or relocate, and collaborating with community leaders and local government officials. By undertaking these programs and initiatives, their ultimate goal is to expand the city's tax base and create job opportunities for its residents. The organization currently has a small team of one dedicated individual.
Is Beaver Dam Area Development Corp legitimate?
Beaver Dam Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Beaver Dam Area Development Corp 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: $136,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Beaver Dam Area Development Corp?
The Beaver Dam Area Development Corp aims to stimulate economic growth through various programs and initiatives. The corporation's mission is to expand the city's tax base and create job opportunities for local residents. This is achieved by providing assistance in developing additional business parks, maintaining open lines of communication with potential businesses, and collaborating with community leaders and local government officials to stimulate economic development. The ultimate goal is to foster further economic advancement within the city, thereby promoting job growth.
Who is the CEO of Beaver Dam Area Development Corp?
Karla Chase is the Director of Beaver Dam Area Development Corp.
What is the revenue of Beaver Dam Area Development Corp?
Beaver Dam Area Development Corp's revenue in 2022 was $212,011.
Who are the executives of Beaver Dam Area Development Corp and what are their salaries?
The average compensation at Beaver Dam Area Development Corp during 2022 was $136,350. There is 1 employee at Beaver Dam Area Development Corp.
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- Compensation: $136,350
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- Other: $22,777
Where can I find the form 990 for Beaver Dam Area Development Corp?
Beaver Dam Area Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beaver Dam Area Development Corp
The Beaver Dam Area Development Corp is committed to undertaking programs and initiatives aimed at stimulating economic development within its area. This development corporation strives to expand the city's tax base and create job opportunities for its residents. Its economic development activities include providing assistance to the city of Beaver Dam in the development of additional business parks, actively engaging with prospective businesses investigating business expansion or relocation, and meeting with community business leaders and local government officials to continue efforts towards stimulating economic development within Beaver Dam for the purpose of creating additional tax base and job growth.
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Impact
October, 2024
Beaver Dam Area Development Corp plays a pivotal role in stimulating economic growth within the Beaver Dam, Wisconsin area. Through targeted programs and initiatives, it focuses on expanding the business landscape and enhancing job opportunities for the local population.
Key activities include assisting the city in the development of additional business parks, which fosters an environment conducive to business growth and attraction. By establishing open channels of communication with prospective businesses, the corporation effectively promotes Beaver Dam as a viable option for expansion or relocation. Additionally, it collaborates with community business leaders and local government officials to strategize and implement initiatives aimed at economic renewal.
The impact of these efforts is significant, as they work to create a larger tax base and stimulate job creation, ultimately enhancing the overall economic vitality of Beaver Dam. This commitment to local development underscores the corporation's mission to transform the community and improve the quality of life for its residents.
This information is meant to be a general summary of Beaver Dam Area Development Corp. 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: $8,275
- Program Service Revenue: $203,736
- Gross Receipts: $212,011
Assets and Liabilities:
- Total Assets: $3,907,792
- Total Liabilities: $0
- Net Assets: $3,907,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECONOMIC DEVELOPMENT S
Revenue
$203,736
Organization Details
Founding Year
1997
Phone
(920) 887-4661Principal Officer
Karla Chase
Main Address
P O BOX 492, BEAVER DAM, WI, 539160492
NTEE Category
Code: S31 - Community improvement
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