Overview
What is Guthrie Center Area Development Corp?
Guthrie Center Area Development Corporation is a community-oriented organization with a focus on economic development. They demonstrate their commitment through financial contributions to Midwest Partnership, a nonprofit organization, to bolster their community development efforts. Furthermore, Guthrie Center Area Development Corporation owns and manages two commercial properties, one of which serves as a base for Schafer Roofing, offering roofing services to the community.
Is Guthrie Center Area Development Corp legitimate?
Guthrie Center Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Guthrie Center Area Development Corp submitted a form 990EZ, 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.
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What is the mission statement of Guthrie Center Area Development Corp?
The Guthrie Center Area Development Corporation is dedicated to promoting economic growth. They accomplish this by contributing financially to Midwest Partnership, a non-profit organization, to aid in their community development activities. Furthermore, the corporation owns and manages two commercial properties, one of which houses Schafer Roofing, providing roofing services as well. The primary focus of the Guthrie Center Area Development Corporation is to stimulate and support economic development within their community.
What is the revenue of Guthrie Center Area Development Corp?
Guthrie Center Area Development Corp's revenue in 2024 was $72,508.
Who are the executives of Guthrie Center Area Development Corp and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Guthrie Center Area Development Corp?
Guthrie Center Area Development Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Guthrie Center Area Development Corp
Guthrie Center Area Development Corporation is an organization dedicated to promoting economic development in its community. To further this mission, the corporation has made a donation to Midwest Partnership, a nonprofit organization specialized in community economic development services. Additionally, Guthrie Center Area Development Corporation owns and manages two commercial buildings, one of which serves as a home for Schafer Roofing, offering roofing services. By supporting Midwest Partnership and providing commercial spaces, Guthrie Center Area Development Corporation aims to contribute to the economic growth and prosperity of its community.
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Impact
October, 2024
Guthrie Center Area Development Corp significantly influences the local economy by promoting development initiatives that enhance community growth. By donating to Midwest Partnership, it strengthens economic development services in the region, fostering collaboration and resource sharing. The ownership of two commercial buildings extends its impact, particularly through hosting businesses like Schafer Roofing, which not only provides employment opportunities but also contributes to the local economy. Overall, the organization plays a vital role in encouraging community improvement and supporting sustainable economic development in Guthrie Center, Iowa.
This information is meant to be a general summary of Guthrie Center 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 2024.
- Investment Income: $44
- Program Service Revenue: $25,400
- Gross Receipts: $245,444
Assets and Liabilities:
- Total Assets: $320,326
- Total Liabilities: $64,747
- Net Assets: $255,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME-DICA BLDG
Revenue
$20,000
RENTAL INCOME-HUGHES BLDG
Revenue
$5,400
Organization Details
Principal Officer
Dennis Flanery
NTEE Category
Code: S31 - Community improvement
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