Adams Community Economic Development Corporation

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

EIN: 421013266 ✦ Corning, IA ✦ Designated as a 501(c)(6)

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Overview

What is Adams Community Economic Development Corporation?

Adams Community Economic Development Corporation is a nonprofit organization situated in Corning, Iowa, specifically at 710 Davis Ave. Their primary focus is on community economic development and industrial development within Adams County, Iowa. With a team of three dedicated individuals, they work tirelessly to stimulate local growth and improve the economic landscape of the region. The organization's mission is to foster a thriving community by promoting business expansion, attracting new industries, and fostering an environment that encourages economic prosperity.

Is Adams Community Economic Development Corporation legitimate?

Adams Community Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Adams Community 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: $82,671

For more financial information, click here

What is the mission statement of Adams Community Economic Development Corporation?

The Adams Community Economic Development Corporation's mission is centered around community economic development and industrial growth. Its primary goal is to foster economic prosperity within Adams County, Iowa. The organization actively works towards this objective by promoting and facilitating industrial development, aiming to enhance the local economy and create opportunities for the community. The corporation serves as a catalyst for economic growth, working towards the betterment of the area by creating an environment conducive to business and industry development.

Who is the CEO of Adams Community Economic Development Corporation?

Donna Hogan is the Director of Adams Community Economic Development Corporation.

What is the revenue of Adams Community Economic Development Corporation?

Adams Community Economic Development Corporation's revenue in 2022 was $208,987.

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

The average compensation at Adams Community Economic Development Corporation during 2022 was $27,557. There are 3 employees at Adams Community Economic Development Corporation.


Here are 7 key members and their salaries:


Joel Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne Templeton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Waddell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Akin (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Hogan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ruppert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Villhauer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Adams Community Economic Development Corporation?

Adams Community Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Adams Community Economic Development Corporation

Adams Community Economic Development Corporation is dedicated to fostering community economic development and industrial growth in Adams County, Iowa. Their mission is multifaceted, encompassing both the promotion of economic development and the enhancement of industrial sectors within the county. By engaging in these activities, the corporation aims to contribute positively to the overall prosperity and well-being of the community.

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Impact




October, 2024

Adams Community Economic Development Corporation plays a pivotal role in fostering economic and industrial growth in Adams County, Iowa. By focusing on community economic development, the organization works to enhance the local economy, create job opportunities, and stimulate industrial development. This commitment to local improvement not only bolsters economic resilience but also invigorates community engagement and cohesion among residents. As a result, the corporation contributes significantly to enhancing the quality of life in Corning and the broader region, ensuring sustainable growth and development for the future.




This information is meant to be a general summary of Adams Community 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
$208,987 (2022)
Expenses
$179,582 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,689
  • Program Service Revenue: $4,523
  • Gross Receipts: $208,987

Assets and Liabilities:

  • Total Assets: $1,057,160
  • Total Liabilities: $0
  • Net Assets: $1,057,160

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Programs

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

MARKETING

Revenue

$4,523

Organization Details

Founding Year

1977

Principal Officer

Donna Hogan

Main Address

710 DAVIS AVE, CORNING, IA, 50841

NTEE Category

Code: S30 - Community improvement

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