Cascade Economic Development

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

EIN: 421288934 ✦ Cascade, IA ✦ Designated as a 501(c)(6)

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Overview

What is Cascade Economic Development?

Cascade Economic Development is a nonprofit organization situated in the city of Cascade. Their primary role includes managing rental properties to foster the growth of start-up businesses. Moreover, they hold land for potential business purchases, thereby acting as a catalyst for local economic development. Additionally, this organization plays a significant part in promoting tourism within the city, contributing to its overall growth and appeal.

Is Cascade Economic Development legitimate?

Cascade Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cascade Economic Development 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: $0

For more financial information, click here

What is the mission statement of Cascade Economic Development?

Cascade Economic Development's mission involves two key aspects. Primarily, the organization manages rental properties to facilitate the growth of start-up businesses within its operational area. Secondly, Cascade Economic Development also holds land for potential business purchases and contributes to promoting tourism in the region, offering assistance to the relevant authorities in this regard. The organization's commitment to land holding for business acquisition is a major part of its operations.

Who is the CEO of Cascade Economic Development?

Brad Ludwig is the President of Cascade Economic Development.

What is the revenue of Cascade Economic Development?

Cascade Economic Development's revenue in 2022 was $78,357.

Who are the executives of Cascade Economic Development and what are their salaries?


Here are 8 key members and their salaries:


Brad Ludwig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth J Mcdermott (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Callahan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Besler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Conlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Casey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hosch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cascade Economic Development?

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

Mission Statement of Cascade Economic Development

Cascade Economic Development, a notable entity, is dedicated to two primary objectives. Firstly, it manages rental properties to foster the growth of start-up businesses within the city. Secondly, the organization holds land with the intention of facilitating business purchases. Beyond this, Cascade Economic Development also extends its support to the city's tourism promotion efforts, showcasing its commitment to the city's economic development. One of its programs specifically focuses on holding land for potential business purchases, highlighting its proactive role in the city's economic landscape.

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Impact




October, 2024

Cascade Economic Development plays a vital role in fostering economic growth in the city of Cascade through the management of rental properties specifically designed for start-up businesses. By holding and managing these properties, it creates an accessible environment for new enterprises, helping them establish a foothold in the community.

In addition to property management, Cascade Economic Development holds land for potential business purchase, encouraging long-term investment and development. This strategic initiative not only supports individual businesses but also strengthens the local economy by enhancing job creation and retention.

The organization is also instrumental in promoting tourism within Cascade, contributing to the city’s overall visibility and attractiveness to visitors. This dual focus on supporting businesses and enhancing tourism reflects a commitment to community improvement and sustainable growth. Ultimately, Cascade Economic Development serves as a catalyst for economic vitality, improving the community's landscape while fostering a thriving business ecosystem.




This information is meant to be a general summary of Cascade Economic Development. 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
$78,357 (2022)
Expenses
$34,797 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,750
  • Gross Receipts: $78,357

Assets and Liabilities:

  • Total Assets: $599,433
  • Total Liabilities: $30,844
  • Net Assets: $568,589

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Programs

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

LAND RENTAL

Revenue

$3,750

Organization Details

Founding Year

1997

Principal Officer

Brad Ludwig

Main Address

BOX 695, CASCADE, IA, 52033

NTEE Category

Code: S30 - Community improvement

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