Overview
What is Charles City Area Development Corp?
Charles City Area Development Corp is a nonprofit organization located at 401 North Main Street, Charles City, Iowa 50616. Their primary mission is to stimulate economic growth and community development by creating and retaining quality job opportunities within the community. The corporation, with a small workforce of two individuals, seeks to enhance the local economy by actively participating in development projects.
Official website here: www.charlescityia.com
Is Charles City Area Development Corp legitimate?
Charles City Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Charles City Area Development Corp 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: $139,041
For more financial information, click here
Official website here: www.charlescityia.com
What is the mission statement of Charles City Area Development Corp?
The Charles City Area Development Corporation strives to generate income and wealth within the community by fostering the development and retention of high-quality job opportunities this year. By focusing on economic and community development, this development corporation aims to contribute positively to the well-being of the community. Their primary objective is to stimulate local economic growth and improve the standard of living for the community members.
Official website here: www.charlescityia.com
Who is the CEO of Charles City Area Development Corp?
Ron Litterer is the Director of Charles City Area Development Corp. The CEO's salary of Charles City Area Development Corp is $0 and their total compensation is $0.
Official website here: www.charlescityia.com
What is the revenue of Charles City Area Development Corp?
Charles City Area Development Corp's revenue in 2023 was $247,131.
Official website here: www.charlescityia.com
Who are the executives of Charles City Area Development Corp and what are their salaries?
The average compensation at Charles City Area Development Corp during 2023 was $69,520. There are 2 employees at Charles City Area Development Corp.
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Official website here: www.charlescityia.com
Where can I find the form 990 for Charles City Area Development Corp?
Charles City Area Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.charlescityia.com
Learn more at the official website: www.charlescityia.com
Mission Statement of Charles City Area Development Corp
The Charles City Area Development Corporation is dedicated to fostering income and wealth within its community by promoting and sustaining high-quality job opportunities. This mission-driven organization works tirelessly to contribute to the economic and community development of the area, striving to make a positive impact on its residents. By focusing on job creation and retention, the Charles City Area Development Corporation aims to enhance the overall well-being and prosperity of the community.
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Impact
October, 2024
Charles City Area Development Corp significantly influences the local economy by focusing on the creation and retention of quality jobs, which directly contributes to income and wealth generation within the community. Through its dedicated efforts in economic and community development, the organization works to enhance the overall quality of life for residents in Charles City, Iowa. By prioritizing job development, the organization fosters a more robust economic environment, empowering individuals and families to thrive while ensuring the sustainability of local businesses. This commitment to community improvement not only bolsters financial stability but also fosters a sense of pride and engagement among residents, ultimately leading to a more vibrant and resilient community.
This information is meant to be a general summary of Charles City Area Development Corp. 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 2023.
- Investment Income: $2,896
- Program Service Revenue: $4,382
- Gross Receipts: $247,131
Assets and Liabilities:
- Total Assets: $3,032,701
- Total Liabilities: $10,049
- Net Assets: $3,022,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT INTEREST
Revenue
$4,382
Organization Details
Founding Year
1973
Phone
(641) 228-3020Principal Officer
Ron Litterer
Main Address
401 NORTH MAIN STREET, CHARLES CITY, IA, 50616
Website
www.charlescityia.comNTEE Category
Code: S31 - Community improvement
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