Overview
What is Cedar Rapids Metro Economic Alliance?
The Cedar Rapids Metro Economic Alliance is a nonprofit organization situated in Cedar Rapids, Iowa, with a mission to promote economic, workforce, and population growth strategies. They aim to aid businesses in their success by focusing on strategic goals such as attracting, growing, and retaining interstate commerce businesses in sectors like bio-processing/food ingredients, distribution/logistics, and wind energy, among others. To achieve these goals, they develop and maintain data tools, coordinate projects, maintain relationships with existing companies, and strategize to attract new ones. The alliance has a dedicated economic development team that works towards these objectives, employing a total of 32 individuals.
Official website here: www.cedarrapids.org
Is Cedar Rapids Metro Economic Alliance legitimate?
Cedar Rapids Metro Economic Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cedar Rapids Metro Economic Alliance 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: $200,169
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,567,589
For more financial information, click here
Official website here: www.cedarrapids.org
What is the mission statement of Cedar Rapids Metro Economic Alliance?
The Cedar Rapids Metro Economic Alliance is committed to driving economic, workforce, and population growth strategies. Their mission is to assist businesses in succeeding by focusing on specific sectors such as bio-processing/food ingredients, distribution/logistics, electronic equipment/design, food processing, financial services/insurance, information technology, process manufacturing, and wind energy. The Alliance employs various strategies to achieve these goals, including developing and maintaining data tools for project management, coordinating financial aid programs, strengthening relationships with existing companies, and attracting new businesses. Their efforts aim to improve recruitment, project management, business and workforce development, and overall economic growth in the relevant sectors.
Official website here: www.cedarrapids.org
Who is the CEO of Cedar Rapids Metro Economic Alliance?
Douglas Neumann is the Past Chair of Cedar Rapids Metro Economic Alliance. The CEO's salary of Cedar Rapids Metro Economic Alliance is $195,369 and their total compensation is $214,045.
Official website here: www.cedarrapids.org
What is the revenue of Cedar Rapids Metro Economic Alliance?
Cedar Rapids Metro Economic Alliance's revenue in 2022 was $3,874,891.
Official website here: www.cedarrapids.org
Who are the executives of Cedar Rapids Metro Economic Alliance and what are their salaries?
The average compensation at Cedar Rapids Metro Economic Alliance during 2022 was $55,242. There are 32 employees and 150 volunteers at Cedar Rapids Metro Economic Alliance.
Here are 15 key members and their salaries (Cedar Rapids Metro Economic Alliance's CEO's salary is $195,369 and their total compensation is $214,045):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $195,369
- Related: $0
- Other: $18,676
- Compensation: $110,130
- Related: $0
- Other: $5,643
- Compensation: $188,996
- Related: $0
- Other: $17,400
- Compensation: $115,791
- Related: $0
- Other: $17,158
Official website here: www.cedarrapids.org
Where can I find the form 990 for Cedar Rapids Metro Economic Alliance?
Cedar Rapids Metro Economic Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedarrapids.org
Learn more at the official website: www.cedarrapids.org
Mission Statement of Cedar Rapids Metro Economic Alliance
Cedar Rapids Metro Economic Alliance, a prominent organization, is dedicated to driving economic, workforce, and population growth strategies. Their mission is to aid businesses in succeeding, thereby contributing to the overall prosperity of the economy. The Alliance focuses on specific sectors, including bio-processing/food ingredients, distribution/logistics, electronic equipment/design, food processing, financial services/insurance, information technology, process manufacturing, and wind energy.
To achieve these objectives, the Economic Alliance develops and maintains data reports and tools, facilitating project management and business development. They coordinate projects to utilize financial tools and programs for prospects and clients, ensuring that existing companies identify growth and retention opportunities. The organization also develops and implements strategies to recruit new companies, enhancing the economic landscape.
In essence, Cedar Rapids Metro Economic Alliance serves as a catalyst for economic growth and business success by strategically targeting various industries and utilizing data-driven approaches to foster collaboration, project execution, and business expansion.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cedar Rapids Metro Economic Alliance plays a pivotal role in driving economic, workforce, and population growth in the Cedar Rapids area. Its strategic goals focus on attracting, growing, and retaining interstate commerce businesses, with a particular emphasis on sectors such as bio-processing, food ingredients, distribution, logistics, electronic equipment design, food processing, financial services, insurance, information technology, process manufacturing, and wind energy.
The organization develops and maintains essential data tools and reports that aid in project management, business, and workforce development. By coordinating and facilitating projects, it helps leverage financial tools and programs for prospective companies and existing clients alike. A crucial aspect of its work involves nurturing relationships with local businesses to identify opportunities for growth and retention, ensuring a robust economic ecosystem.
Cedar Rapids Metro Economic Alliance is also committed to enhancing the recruitment of new companies to the region, thereby bolstering the area's economic landscape. Through targeted economic development initiatives, it strives to create an environment where businesses can thrive, contributing significantly to community improvement and overall prosperity in Cedar Rapids.
This information is meant to be a general summary of Cedar Rapids Metro Economic Alliance. 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: $27,146
- Program Service Revenue: $3,683,694
- Gross Receipts: $6,461,294
Assets and Liabilities:
- Total Assets: $6,290,012
- Total Liabilities: $3,425,040
- Net Assets: $2,864,972
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,061,439
SERVICE CONTRACT REVENUE
Revenue
$1,153,251
ACTIVITIES & EVENTS
Revenue
$469,004
Organization Details
Founding Year
1918
Phone
(319) 398-5317Principal Officer
Douglas Neumann
Main Address
501 FIRST ST SE, CEDAR RAPIDS, IA, 52401
Website
www.cedarrapids.orgNTEE Category
Code: S41 - Community improvement
If you are a representative of Cedar Rapids Metro Economic Alliance 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.