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O'Brien County Economic Development

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

EIN: 421375644 ✦ Primghar, IA ✦ Designated as a 501(c)(6)

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Overview

What is O'Brien County Economic Development?

O'Brien County Economic Development (OCEDC) is a nonprofit organization situated in Primghar, Iowa. Their primary purpose is to support and promote the growth and expansion of local businesses in O'Brien County, offering low-interest loans to aid in this mission. By doing so, OCEDC aims to preserve and enhance existing industrial, commercial, and professional enterprises, contributing to the overall development of the county's economy. The organization, with a team of two dedicated individuals, is committed to creating and preserving jobs in the area.


Official website here: www.obriencounty.com

Is O'Brien County Economic Development legitimate?

O'Brien County Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. O'Brien County 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: $88,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,818

For more financial information, click here


Official website here: www.obriencounty.com

What is the mission statement of O'Brien County Economic Development?

O'Brien County Economic Development (OCEDC) is committed to preserving, enhancing, and expanding existing industrial, commercial, and professional enterprises within the county. Their mission is focused on fostering the growth of local businesses and creating or preserving jobs within the area. To achieve this, OCEDC offers low-interest rate loans to businesses based in O'Brien County, Iowa, to support their expansion and development. This strategic approach aims to contribute positively to the county's economic landscape and foster a thriving business environment.


Official website here: www.obriencounty.com

Who is the CEO of O'Brien County Economic Development?

Kiana Johnson is the Exec Directo of O'Brien County Economic Development.


Official website here: www.obriencounty.com

What is the revenue of O'Brien County Economic Development?

O'Brien County Economic Development's revenue in 2022 was $333,120.


Official website here: www.obriencounty.com

Who are the executives of O'Brien County Economic Development and what are their salaries?

The average compensation at O'Brien County Economic Development during 2022 was $55,100. There are 2 employees at O'Brien County Economic Development.


Here are 10 key members and their salaries:


Kiana Johnson (Exec Directo)
  • Compensation: $87,837
  • Related: $0
  • Other: $0
Sharon Flinders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodd Holtkamp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Horstman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Leng (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Mueller (County Super)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Overmier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Strouth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Weber (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Zeutenhorst (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.obriencounty.com

Where can I find the form 990 for O'Brien County Economic Development?

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


Official website here: www.obriencounty.com

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

Mission Statement of O'Brien County Economic Development

O'Brien County Economic Development, often abbreviated as OCEDC, is dedicated to preserving, improving, developing, and expanding existing industrial, commercial, and professional enterprises within its jurisdiction. In simpler terms, the organization's mission is to foster growth and sustainability for businesses operating within O'Brien County, Iowa. To achieve this goal, they offer low-interest rate loans to local businesses, aiding in their expansion and job creation efforts. This proactive approach to economic development aims to strengthen the overall economic landscape of O'Brien County, ensuring a thriving business environment for its residents.

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Impact




October, 2024

O'Brien County Economic Development plays a vital role in enhancing the economic landscape of O'Brien County, Iowa. By focusing on the conservation, improvement, development, and expansion of industrial, commercial, and professional enterprises, it fosters a conducive environment for businesses to thrive.

The organization offers low-interest loans to local businesses, facilitating their expansion and growth. This financial support not only helps individual enterprises but also contributes to job creation and preservation within the community. Through these initiatives, O'Brien County Economic Development significantly impacts local employment rates and overall economic vitality, making it a key player in the region's sustainable growth and community improvement.




This information is meant to be a general summary of O'Brien County 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
$333,120 (2022)
Expenses
$209,126 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,060
  • Program Service Revenue: $96,314
  • Gross Receipts: $333,120

Assets and Liabilities:

  • Total Assets: $2,646,404
  • Total Liabilities: $1,112,069
  • Net Assets: $1,534,335

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Programs

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

INTEREST INCOME - EC DEV LOAN

Revenue

$88,574

RLF & IRP APPLICATION FEES

Revenue

$7,740

Organization Details

Founding Year

2001

Principal Officer

Kiana Johnson

Main Address

PO BOX 616, PRIMGHAR, IA, 51245

NTEE Category

Code: S41 - Community improvement

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