Overview
What is Wayland Economic Development Corporation?
The Wayland Economic Development Corporation is a nonprofit organization situated in Wayland, Iowa. Their primary mission is to stimulate economic growth within the community by encouraging and facilitating development initiatives. One of their notable projects involves constructing a healthcare facility to cater to approximately 10,000 individuals, thereby enhancing access to essential medical services in the area.
Is Wayland Economic Development Corporation legitimate?
Wayland Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wayland Economic 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.
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What is the mission statement of Wayland Economic Development Corporation?
The Wayland Economic Development Corporation's mission is centered around fostering economic growth. In simpler terms, their primary objective is to stimulate economic development within their community. This organization takes an active role in promoting and facilitating economic development, aiming to create a favorable environment for economic growth. Additionally, the corporation has made provisions for providing a building that serves a health clinic, catering to approximately 10,000 individuals. This underscores their commitment to improving community well-being, as a thriving economy often relies on the health and welfare of its population.
What is the revenue of Wayland Economic Development Corporation?
Wayland Economic Development Corporation's revenue in 2023 was $267,142.
Who are the executives of Wayland Economic Development Corporation and what are their salaries?
There 12 volunteers at Wayland Economic Development Corporation.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Wayland Economic Development Corporation?
Wayland Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Wayland Economic Development Corporation
Wayland Economic Development Corporation, as its name suggests, is an organization with a mission to stimulate economic growth within the Wayland community. Their primary objective is to promote and facilitate economic development in the area, working towards the betterment of their community. One of the ways they contribute to this goal is by providing a building for a health clinic, serving approximately 10,000 individuals. This service not only meets the healthcare needs of the community but also plays a role in overall economic development by improving the health and well-being of its residents. By fostering a healthy and thriving population, the Wayland Economic Development Corporation is helping to create a strong and prosperous community.
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Impact
October, 2024
The Wayland Economic Development Corporation plays a crucial role in enhancing the economic landscape of the Wayland, Iowa community. By promoting and facilitating economic development initiatives, the organization directly contributes to local growth and sustainability. One of its key achievements includes providing a building for a health clinic that services approximately 10,000 individuals, addressing vital health needs and improving quality of life in the area.
Through its activities, the corporation fosters community improvement by attracting new businesses, supporting existing ones, and creating job opportunities. This multifaceted approach not only strengthens the economy but also enhances the overall well-being of residents, ensuring that Wayland remains a vibrant and thriving community.
This information is meant to be a general summary of Wayland Economic 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 2023.
- Investment Income: $1,023
- Gross Receipts: $284,989
Assets and Liabilities:
- Total Assets: $877,736
- Total Liabilities: $252,919
- Net Assets: $624,817
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Organization Details
Founding Year
1988
Principal Officer
Tim Egli
NTEE Category
Code: S41 - Community improvement
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