Rock Valley Economic Development Co

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

EIN: 421307382 ✦ Rock valley, IA ✦ Designated as a 501(c)(4)

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Overview

What is Rock Valley Economic Development Co?

Rock Valley Economic Development Co is a nonprofit organization situated in Rock Valley, Iowa. Their primary objective is to stimulate economic growth and improve the community within the Rock Valley area. They achieve this by purchasing and developing land, with the ultimate goal of fostering development and progress in the community. This nonprofit is dedicated to the betterment of Rock Valley, Iowa, and is committed to contributing to its economic growth and overall well-being.

Is Rock Valley Economic Development Co legitimate?

Rock Valley Economic Development Co is a legitimate nonprofit organization registered as a 501(c)(4) entity. Rock Valley Economic Development Co 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 Rock Valley Economic Development Co?

The Rock Valley Economic Development Company is dedicated to fostering economic growth and improving the community within its jurisdiction. Their mission encompasses purchasing and developing land with the intent of promoting economic development within the area. They strive to enhance the local economy and better the community as a whole. Their primary goal is to contribute positively to the region's economic landscape.

Who is the CEO of Rock Valley Economic Development Co?

Chad Van Zee is the Director of Rock Valley Economic Development Co.

What is the revenue of Rock Valley Economic Development Co?

Rock Valley Economic Development Co's revenue in 2023 was $641,149.

Who are the executives of Rock Valley Economic Development Co and what are their salaries?


Here are 12 key members and their salaries:


Matt Buley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Les Burggraaf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Van Egdom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Van'T Hul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Van Maanen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Netten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Richter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Westra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Vanden Bosch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Kooima (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Miller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Van Zee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rock Valley Economic Development Co?

Rock Valley Economic Development Co's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rock Valley Economic Development Co

Rock Valley Economic Development Co, as its name suggests, is dedicated to fostering economic growth and promoting community betterment within its area of operation. Their mission is multifaceted, encompassing both economic development and community improvement. Specifically, the organization seeks to purchase and develop land, aiming to stimulate economic growth and development within the community. By undertaking these initiatives, Rock Valley Economic Development Co contributes to the overall well-being of the community, potentially leading to job creation, business expansion, and improved infrastructure. The organization's mission is a testament to its commitment to driving positive change and development within its jurisdiction.

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Impact




October, 2024

Rock Valley Economic Development Co plays a crucial role in fostering economic growth and enhancing community well-being in Rock Valley, Iowa. By purchasing and developing land, the organization creates opportunities for businesses to thrive, which, in turn, stimulates local job creation and economic activity. Their efforts are aimed at improving the overall quality of life in the area, making Rock Valley a more attractive place for residents and potential new businesses. Through targeted initiatives, they contribute to community betterment, ensuring that the local economy remains vibrant and sustainable.




This information is meant to be a general summary of Rock Valley Economic Development Co. 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
$641,149 (2023)
Expenses
$608,335 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $641,149
  • Gross Receipts: $641,149

Assets and Liabilities:

  • Total Assets: $9,599,180
  • Total Liabilities: $5,520,185
  • Net Assets: $4,078,995

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Programs

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

ECONOMIC DEVELOPMENT

Revenue

$627,536

REVOLVING LOAN FUND

Revenue

$7,063

RENT INCOME

Revenue

$6,250

MEMBERSHIP DUES

Revenue

$300

Organization Details

Principal Officer

Chad Van Zee

Main Address

PO BOX 100, ROCK VALLEY, IA, 51247

NTEE Category

Code: S30 - Community improvement

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