Overview
What is Prairieland Economic Development Corpora?
Prairieland Economic Development Corporation is a nonprofit organization, whose primary objective is to foster economic growth and development in the community. They accomplish this by supporting small businesses and industries, promoting the enhancement of community services, expanding business ownership opportunities, and advocating for the advancement of general and community welfare. Furthermore, they aim to increase the local tax base, contributing to the overall prosperity of the area.
Official website here: www.prairielandedc.com
Is Prairieland Economic Development Corpora legitimate?
Prairieland Economic Development Corpora is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prairieland Economic Development Corpora 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: $32,982
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.prairielandedc.com
What is the mission statement of Prairieland Economic Development Corpora?
The Prairieland Economic Development Corpora, prior to its termination or inactivity, aimed to aid businesses in various ways. Its mission included facilitating the growth and expansion of small businesses and industries, promoting the improvement of community services, expanding business ownership opportunities, and working towards the development of general and community welfare. Furthermore, the corporation aimed to increase the local tax base, thereby contributing positively to the economic development of the community.
Official website here: www.prairielandedc.com
Who is the CEO of Prairieland Economic Development Corpora?
Ann Peterson is the CEO of Prairieland Economic Development Corpora The CEO's salary of Prairieland Economic Development Corpora is $32,982 and their total compensation is $32,982.
Official website here: www.prairielandedc.com
What is the revenue of Prairieland Economic Development Corpora?
Prairieland Economic Development Corpora's revenue in 2022 was $493,241.
Official website here: www.prairielandedc.com
Who are the executives of Prairieland Economic Development Corpora and what are their salaries?
The average compensation at Prairieland Economic Development Corpora during 2022 was $5,497. There are 6 employees at Prairieland Economic Development Corpora.
Here are 11 key members and their salaries (Prairieland Economic Development Corpora's CEO's salary is $32,982 and their total compensation is $32,982):
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- Compensation: $32,982
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Official website here: www.prairielandedc.com
Where can I find the form 990 for Prairieland Economic Development Corpora?
Prairieland Economic Development Corpora's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prairielandedc.com
Learn more at the official website: www.prairielandedc.com
Mission Statement of Prairieland Economic Development Corpora
Prairieland Economic Development Corporation, in its mission, aimed to contribute positively to the community by facilitating the growth and expansion of small businesses and industries. This nonprofit organization played a significant role in promoting the improvement of community services, expanding business ownership opportunities, and fostering the development of general and community welfare. By doing so, the local tax base was also expected to increase, benefiting the community as a whole. Regrettably, this nonprofit organization is no longer active, preventing us from witnessing the full realization of its mission.
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Impact
October, 2024
Prairieland Economic Development Corporation actively contributed to the economic landscape of Slayton, MN, by focusing on the growth and expansion of small businesses and industries. Through its initiatives, it aimed to enhance community services, thereby improving the overall quality of life for residents. The corporation promoted opportunities for business ownership, fostering entrepreneurship and supporting local job creation.
Additionally, by championing general welfare and community development, it played a crucial role in the enrichment of the local economy. One of its key objectives was to increase the local tax base, ensuring that the community could sustain and enhance public services and infrastructure. Overall, Prairieland's efforts had a significant positive impact on the economic vitality and community well-being of the area, striving for long-term sustainability and growth.
This information is meant to be a general summary of Prairieland Economic Development Corpora. 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: $2,407
- Program Service Revenue: $490,834
- Gross Receipts: $493,241
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN SERVICE FEES
Revenue
$325,318
LOAN PROCESSING FEES
Revenue
$105,765
LOAN INTEREST REVENUE
Revenue
$37,832
WELLS FARGO INTEREST S
Revenue
$21,919
Organization Details
Founding Year
1983
Principal Officer
Thomas Saehr
Website
www.prairielandedc.comNTEE Category
Code: S43 - Community improvement
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