Overview
What is Sigourney Area Development Corporation?
Sigourney Area Development Corporation is a nonprofit organization situated in Sigourney, Iowa. Their primary goal is to advance community welfare and industrial development. They have been instrumental in attracting and retaining businesses within the community by purchasing land for an industrial park and marketing it. Currently, two lots have been filled, while the remaining acres are either in the Conservation Reserve Program (CRP) or being rented out until they are filled. Additionally, the organization has also contributed to the development of a retirement community to help alleviate housing pressure for families employed in local businesses. In essence, Sigourney Area Development Corporation is dedicated to fostering a prosperous community by promoting employment opportunities and driving economic growth in the area, ultimately enhancing the quality of life for the local population and Keokuk County as a whole.
Official website here: www.sigourney.com
Is Sigourney Area Development Corporation legitimate?
Sigourney Area Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sigourney Area 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: $10,151
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,658
For more financial information, click here
Official website here: www.sigourney.com
What is the mission statement of Sigourney Area Development Corporation?
The Sigourney Area Development Corporation's mission is centered around promoting community welfare and industrial development. They aim to foster a robust community by encouraging employment opportunities, which in turn stimulates economic growth in the area. This ultimately contributes to providing a high quality of life, not only locally but also throughout the surrounding Keokuk County. To achieve this, the corporation plays a leading role in industrial, tourism, and community development activities.
Official website here: www.sigourney.com
Who is the CEO of Sigourney Area Development Corporation?
Jeff Graff is the Treasurer of Sigourney Area Development Corporation.
Official website here: www.sigourney.com
What is the revenue of Sigourney Area Development Corporation?
Sigourney Area Development Corporation's revenue in 2022 was $46,488.
Official website here: www.sigourney.com
Who are the executives of Sigourney Area Development Corporation and what are their salaries?
The average compensation at Sigourney Area Development Corporation during 2022 was $3,202. There are 4 employees and 11 volunteers at Sigourney Area Development Corporation.
Here are 9 key members and their salaries:
- Compensation: $10,151
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- Other: $0
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- Other: $0
Official website here: www.sigourney.com
Where can I find the form 990 for Sigourney Area Development Corporation?
Sigourney Area Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sigourney.com
Learn more at the official website: www.sigourney.com
Mission Statement of Sigourney Area Development Corporation
The Sigourney Area Development Corporation is committed to fostering community welfare and promoting industrial development. Their mission is twofold: firstly, they strive to enhance employment opportunities within the area, which in turn drives economic growth and ultimately contributes to a higher quality of life for the local community and beyond. Secondly, they play a significant role in various development activities, encompassing industry, tourism, and community development. By taking on a leading role in these initiatives, the Sigourney Area Development Corporation aims to create a robust and thriving community.
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Impact
October, 2024
The Sigourney Area Development Corporation plays a crucial role in enhancing community welfare and driving industrial development in Sigourney, Iowa. By actively promoting employment opportunities, the organization fosters economic growth, which in turn bolsters the quality of life for residents.
One of its significant initiatives includes the establishment of an industrial park, where land has been purchased and marketed to attract and maintain businesses. To date, two lots have already been filled, while the remaining land is strategically managed, either in Conservation Reserve Program (CRP) or leased, ensuring readiness for future development.
Additionally, the organization has engaged in creating a retirement community, contributing to local housing availability. This not only supports families employed in nearby businesses but also enriches the community by offering diverse living options.
Through its leadership in industrial, tourism, and community development, the Sigourney Area Development Corporation is instrumental in creating a robust and thriving environment, ultimately benefiting the entire Keokuk County area.
This information is meant to be a general summary of Sigourney Area 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,744
- Program Service Revenue: $6,526
- Gross Receipts: $86,965
Assets and Liabilities:
- Total Assets: $759,196
- Total Liabilities: $5,001
- Net Assets: $754,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RLF - INCOME:5052 INCOME K
Revenue
$3,766
INCOME KCRL FUND
Revenue
$2,760
Organization Details
Founding Year
1970
Phone
(641) 622-2288Principal Officer
Jeff Graff
Main Address
112 E WASHINGTON ST, SIGOURNEY, IA, 52591
Website
www.sigourney.comNTEE Category
Code: S31 - Community improvement
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