Ottumwa Economic Development Corporation

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

EIN: 420866300 ✦ Ottumwa, IA ✦ Designated as a 501(c)(6)

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Overview

What is Ottumwa Economic Development Corporation?

The Ottumwa Economic Development Corporation, located at 217 East Main Street, Ottumwa, Iowa 52501, is a nonprofit organization dedicated to fostering growth and development in Ottumwa and Wapello County. Its primary mission is to attract, maintain, and expand both new and existing businesses and industries in the area, contributing to the region's economic prosperity. The corporation's activities and purpose revolve around this mission, aiming to bolster the local economy and create opportunities for the community.


Official website here: www.ottumwadevelopment.org

Is Ottumwa Economic Development Corporation legitimate?

Ottumwa Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ottumwa Economic Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ottumwadevelopment.org

What is the mission statement of Ottumwa Economic Development Corporation?

The Ottumwa Economic Development Corporation is dedicated to promoting the growth of businesses and industries within its scope. Its primary objective is to attract new enterprises, support the retention of existing ones, and encourage expansion in the sector. This organization plays a crucial role in fostering a thriving business environment, contributing to the economic development of the community it serves.


Official website here: www.ottumwadevelopment.org

Who is the CEO of Ottumwa Economic Development Corporation?

Jill Budde is the Board Member of Ottumwa Economic Development Corporation.


Official website here: www.ottumwadevelopment.org

What is the revenue of Ottumwa Economic Development Corporation?

Ottumwa Economic Development Corporation's revenue in 2020 was $57,766.


Official website here: www.ottumwadevelopment.org

Who are the executives of Ottumwa Economic Development Corporation and what are their salaries?


Here are 11 key members and their salaries:


Lesley Conning (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Gaumer (Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hanshaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Jaeger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kory Mcdonald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Vollmar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Budde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lazio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Noel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Roe (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ottumwadevelopment.org

Where can I find the form 990 for Ottumwa Economic Development Corporation?

Ottumwa Economic Development Corporation's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.ottumwadevelopment.org

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

Mission Statement of Ottumwa Economic Development Corporation

The Ottumwa Economic Development Corporation, in a nutshell, is dedicated to fostering the growth and prosperity of businesses in Ottumwa and Wapello County. Their primary objective is to attract new industries and enterprises, as well as support the expansion and retention of existing ones. By doing so, they aim to contribute to the economic development and vitality of the region.

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Impact




October, 2024

The Ottumwa Economic Development Corporation plays a crucial role in enhancing the local economy by actively recruiting, retaining, and expanding industries and business enterprises in Ottumwa and Wapello County. Its efforts contribute to job creation, a diversified economic base, and increased investment in the region. By focusing on both new and existing businesses, the organization fosters a supportive environment for economic growth, ultimately leading to improved community development and quality of life for residents. This strategic initiative not only strengthens local businesses but also attracts new opportunities that benefit the entire community.




This information is meant to be a general summary of Ottumwa Economic 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.

Revenue
$57,766 (2020)
Expenses
$170,118 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $6,200
  • Gross Receipts: $57,766

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1980

Principal Officer

Jill Budde

Main Address

217 EAST MAIN STREET, OTTUMWA, IA, 52501

NTEE Category

Code: S31 - Community improvement

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