Mills County Economic Development Foundation Inc

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

EIN: 421301658 ✦ Glenwood, IA ✦ Designated as a 501(c)(4)

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Overview

What is Mills County Economic Development Foundation Inc?

Mills County Economic Development Foundation Inc, based in Glenwood, Iowa, is a nonprofit organization dedicated to promoting economic growth in the county. Guided by the Mills County Board of Supervisors, their mission is to create a favorable business environment and enhance the county's economic conditions. They aim to achieve this by collaborating with public and private partners, fostering the retention and expansion of existing businesses, attracting high-value firms, and contributing to the county's long-term growth and vitality. To achieve these goals, the foundation has launched a campaign to develop and launch a website and social media platforms to effectively market Mills County as a preferred business location.


Official website here: www.millscountyiowa.com

Is Mills County Economic Development Foundation Inc legitimate?

Mills County Economic Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mills County Economic Development Foundation Inc 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: $101,873

For more financial information, click here


Official website here: www.millscountyiowa.com

What is the mission statement of Mills County Economic Development Foundation Inc?

The Mills County Economic Development Foundation Inc, guided by its board of supervisors, aims to promote its established objectives as outlined in its articles of incorporation. The primary purpose of the organization is to advance a focused economic development growth agenda. This agenda is designed to enhance, position, and market Mills County as an attractive business location. The foundation's goal is to improve the business climate and economic conditions in the county. By doing so, it aims to retain and expand existing businesses, attract high-value firms, and foster long-term growth and vitality. This mission is achieved through collaboration and cooperation with public and private partners within the county, region, and state. The foundation ensures that no part of its earnings benefits or is distributable to its directors.


Official website here: www.millscountyiowa.com

Who is the CEO of Mills County Economic Development Foundation Inc?

Alan Debolt is the President of Mills County Economic Development Foundation Inc.


Official website here: www.millscountyiowa.com

What is the revenue of Mills County Economic Development Foundation Inc?

Mills County Economic Development Foundation Inc's revenue in 2020 was $338,058.


Official website here: www.millscountyiowa.com

Who are the executives of Mills County Economic Development Foundation Inc and what are their salaries?

The average compensation at Mills County Economic Development Foundation Inc during 2020 was $50,936. There are 2 employees at Mills County Economic Development Foundation Inc.


Here are 5 key members and their salaries:


Alan Debolt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Embray (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ford (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lincoln (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katelyn Mcgann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.millscountyiowa.com

Where can I find the form 990 for Mills County Economic Development Foundation Inc?

Mills County Economic Development Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.millscountyiowa.com

Learn more at the official website: www.millscountyiowa.com

Mission Statement of Mills County Economic Development Foundation Inc

The Mills County Economic Development Foundation Inc, guided by the Mills County Board of Supervisors, is dedicated to promoting a focused economic development growth agenda. Their primary objective is to enhance, position, and market Mills County as an attractive business location. The foundation aims to advance the interests of Mills County and improve its business climate and economic conditions. Their growth agenda encompasses retaining and expanding existing businesses, attracting high-value firms, and fostering long-term growth and vitality in the county. This is achieved through collaboration and cooperation with public and private partners within the county, region, and state. The foundation ensures that no part of its net earnings benefits or is distributable to its directors.

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Impact




October, 2024

The Mills County Economic Development Foundation, Inc. plays a pivotal role in enhancing the economic landscape of Mills County. By advancing a focused economic development growth agenda, the foundation works to position Mills County as a preferred business location. This contributes to a vibrant business climate and improved economic conditions for the community.

Key impacts include the retention and expansion of existing firms, which are vital for maintaining local employment and fostering economic stability. Additionally, the foundation actively facilitates the attraction and startup of high-value firms, promoting long-term growth and vitality within the county.

Through collaboration with public and private partners at various levels, the foundation ensures a united effort toward economic development, marketing Mills County effectively to potential businesses. The launch of digital platforms, including a dedicated website and social media outlets, further enhances visibility and engagement, connecting the community with resources and opportunities. Overall, the foundation’s initiatives are crucial in driving economic progress and fostering a thriving environment for businesses and residents alike.




This information is meant to be a general summary of Mills County Economic Development Foundation Inc. 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
$338,058 (2020)
Expenses
$210,535 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $5
  • Gross Receipts: $338,058

Assets and Liabilities:

  • Total Assets: $337,038
  • Total Liabilities: $10,053
  • Net Assets: $326,985

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Organization Details

Founding Year

1955

Principal Officer

Alan Debolt

Main Address

402 RAILROAD AVENUE, GLENWOOD, IA, 51534

NTEE Category

Code: S31 - Community improvement

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