Franklin County Development Assn

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

EIN: 421177043 ✦ Hampton, IA ✦ Designated as a 501(c)(6)

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Overview

What is Franklin County Development Assn?

Franklin County Development Assn, based in Hampton, Iowa, is a small-scale nonprofit organization with a mission to attract business and industry to Franklin County. Their primary goal is to stimulate economic growth by attracting new ventures and industries to the region, ultimately benefiting the local community. The association operates with a team of one dedicated professional, working tirelessly to achieve this objective.

Is Franklin County Development Assn legitimate?

Franklin County Development Assn is a legitimate nonprofit organization registered as a 501(c)(6) entity. Franklin County Development Assn 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: $85,000

For more financial information, click here

What is the mission statement of Franklin County Development Assn?

The Franklin County Development Association's mission is centered around attracting businesses and industries to expand their operations. This mission is aimed at fostering economic growth and development within the organization's scope. By attracting businesses, the association aims to create job opportunities and stimulate local economic activity, ultimately contributing to the overall prosperity of the community. The association's activities focus on promoting Franklin County as an attractive location for businesses and industries, with the intent of increasing its industrial and economic potential.

Who is the CEO of Franklin County Development Assn?

Brian Buresh is the Director of Franklin County Development Assn.

What is the revenue of Franklin County Development Assn?

Franklin County Development Assn's revenue in 2023 was $165,437.

Who are the executives of Franklin County Development Assn and what are their salaries?

The average compensation at Franklin County Development Assn during 2023 was $85,000. There is 1 employee at Franklin County Development Assn.


Here are 4 key members and their salaries:


Board Members Per Attached (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Buresh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Lettow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Westaby (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Franklin County Development Assn?

Franklin County Development Assn's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Franklin County Development Assn

The Franklin County Development Association, a notable organization, is committed to a mission that aims to entice businesses and industries to establish a presence in Franklin County. This mission is instrumental in attracting economic growth and development to the area, fostering a thriving and prosperous community. By attracting businesses and industries, the Association seeks to bolster the local economy and create opportunities for employment and sustainable development. The Association's efforts are geared towards making Franklin County an attractive destination for businesses and industries, thereby contributing to its overall economic growth and development.

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Impact




October, 2024

Franklin County Development Association focuses on attracting business and industry to Franklin County, Iowa, significantly impacting the local economy. By bringing new businesses to the area, the association enhances job opportunities and stimulates economic growth, fostering a thriving community. Their mission not only contributes to immediate employment prospects but also encourages long-term sustainability and development within the county. The promotion of economic activity aids in community improvement, benefiting residents and overall quality of life in Hampton and surrounding areas.




This information is meant to be a general summary of Franklin County Development Assn. 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
$165,437 (2023)
Expenses
$144,637 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $38,715
  • Gross Receipts: $873,541

Assets and Liabilities:

  • Total Assets: $1,173,696
  • Total Liabilities: $14,380
  • Net Assets: $1,159,316

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Organization Details

Founding Year

1981

Principal Officer

Brian Buresh

Main Address

5 1ST ST SW, HAMPTON, IA, 50441

NTEE Category

Code: S30 - Community improvement

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