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Itasca Economic Development Corpor

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

EIN: 411413301 ✦ Grand rapids, MN ✦ Designated as a 501(c)(3)

Overview

What is Itasca Economic Development Corpor?

Itasca Economic Development Corporation, situated in Grand Rapids, Minnesota, is a dedicated nonprofit organization with a mission to contribute to the economic growth of Itasca County. They achieve this by providing various educational programs and resources to aid small businesses in their start-up and development phases. These initiatives encompass individual counseling sessions and workshops, all aimed at fostering a thriving business environment in the region. The organization's team, consisting of ten members, is committed to conducting research, outreach, and education, thereby creating valuable business opportunities within Itasca County.


Official website here: www.itascadv.org

Is Itasca Economic Development Corpor legitimate?

Itasca Economic Development Corpor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Itasca Economic Development Corpor 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.

Here are some key statistics you may want to consider:

Executive Compensation: $121,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,787

For more financial information, click here


Official website here: www.itascadv.org

What is the mission statement of Itasca Economic Development Corpor?

The Itasca Economic Development Corporation's mission is centered around stimulating economic growth in its domain. They achieve this by employing educational, research, and outreach initiatives. These strategies are designed to generate business opportunities, thereby fostering an economically prosperous environment. The organization extends its assistance to small businesses, aiding them in their start-up and development phases through various educational programs, such as individual counseling and workshops.


Official website here: www.itascadv.org

Who is the CEO of Itasca Economic Development Corpor?

Tamara Lowney is the President of Itasca Economic Development Corpor.


Official website here: www.itascadv.org

What is the revenue of Itasca Economic Development Corpor?

Itasca Economic Development Corpor's revenue in 2022 was $1,261,748.


Official website here: www.itascadv.org

Who are the executives of Itasca Economic Development Corpor and what are their salaries?

The average compensation at Itasca Economic Development Corpor during 2022 was $46,005. There are 10 employees and 20 volunteers at Itasca Economic Development Corpor.

Here are 12 key members and their salaries:

    Tamara Lowney (President)
  • Compensation: $121,267
  • Related: $0
  • Other: $7,031

    • Mike Auger (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Dolinksi (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Gill (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Burl Ives (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bart Johnson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Kellin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Mattei (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Mcdonell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Meyer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jodi Piekarski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Glorvigen Tierney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.itascadv.org

    Where can I find the form 990 for Itasca Economic Development Corpor?

    The Itasca Economic Development Corpor’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.itascadv.org

    Learn more at the official website: www.itascadv.org

    Mission Statement of Itasca Economic Development Corpor

    Itasca Economic Development Corporation, a vital nonprofit entity, is committed to expanding the economic landscape of its community. They achieve this mission through a strategic blend of education, research, and outreach. By providing these resources, the organization fosters business opportunities that contribute to the overall growth of Itasca County's economy.

    To actualize this objective, Itasca Economic Development Corporation offers various educational programs aimed at supporting small businesses. This assistance encompasses start-up and development activities, ensuring that local entrepreneurs have the necessary tools for success. The organization accomplishes this by offering individual counseling and conducting workshops, thus empowering small businesses to thrive and contribute to the economic development of Itasca County.

    Impact

    This information is meant to be a general summary of Itasca Economic Development Corpor. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Itasca Economic Development Corporation's impact is significant in growing the Itasca County economy through education, research, and outreach that creates business opportunities. They focus on small business development by assisting small businesses with start-up and development activities through various educational programs including individual counseling and workshops. Their work directly contributes to the economic growth and improvement of the community in Grand Rapids, MN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-16,060
  • Program Service Revenue: $47,599
  • Gross Receipts: $1,261,793

    • Assets and Liabilities:
  • Total Assets: $3,630,643
  • Total Liabilities: $1,419,230
  • Net Assets: $2,211,413
  • Programs

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

    SMALL BUSINESS DEVEL. REVENUE

    Revenue

    $47,599

    Organization Details

    Founding Year

    1981

    Principal Officer

    Tamara Lowney

    Main Address

    12 NW 3RD STREET, GRAND RAPIDS, MN, 55744

    NTEE Category

    Code: S40Z - Community improvement

    If you are a representative of Itasca Economic Development Corpor and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.