Overview
What is Nevada Economic Development Council?
The Nevada Economic Development Council (NEDC) is a nonprofit organization situated in Nevada, Iowa. Its primary focus is on the development and management of business and industrial parks, specifically the East and West Industrial/Development Parks. By doing so, NEDC contributes significantly to the city's revenue through property taxes, amounting to more than 1.8 million dollars. Furthermore, this organization has been instrumental in attracting and retaining over 1,000 new job opportunities in the Nevada region. Their services encompass property taxes, maintenance and repairs, engineering and surveying, insurance, and marketing, contributing to the growth of these industrial parks.
Official website here: www.nevadaiowaedc.com/
Is Nevada Economic Development Council legitimate?
Nevada Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Nevada Economic Development Council 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
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Official website here: www.nevadaiowaedc.com/
What is the mission statement of Nevada Economic Development Council?
The Nevada Economic Development Council (NEDC) is committed to driving economic growth in the region by developing and managing three business and industrial parks. These parks have significantly contributed to the city's revenue, generating over 1.8 million dollars in property taxes. Moreover, the NEDC has played a significant role in creating and retaining over a thousand new job opportunities in the Nevada region. The council's activities encompass various aspects such as repairs, maintenance, engineering, surveying, insurance, and marketing, ensuring the smooth operation and continuous development of the industrial parks.
Official website here: www.nevadaiowaedc.com/
Who is the CEO of Nevada Economic Development Council?
Jon Augustus is the Treasurer of Nevada Economic Development Council.
Official website here: www.nevadaiowaedc.com/
What is the revenue of Nevada Economic Development Council?
Nevada Economic Development Council's revenue in 2022 was $172,746.
Official website here: www.nevadaiowaedc.com/
Who are the executives of Nevada Economic Development Council and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nevadaiowaedc.com/
Where can I find the form 990 for Nevada Economic Development Council?
Nevada Economic Development Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nevadaiowaedc.com/
Learn more at the official website: www.nevadaiowaedc.com/
Mission Statement of Nevada Economic Development Council
Nevada Economic Development Council, abbreviated as NEDC, has dedicated its mission towards fostering economic growth in the Nevada region. This nonprofit organization has successfully developed three business and industrial parks, contributing significantly to the city's revenue by generating over 1.8 million dollars in property taxes annually. Beyond this financial impact, NEDC has also played a crucial role in employment opportunities. By providing and retaining over 1,000 new jobs, it has contributed to the region's economic stability and development. The council's activities encompass various aspects such as repairs, maintenance, engineering, surveying, insurance, and marketing, ensuring the efficient operation and upkeep of the industrial parks.
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Impact
October, 2024
The Nevada Economic Development Council (NEDC) has made a significant impact in the Nevada region by developing three business and industrial parks. These parks have generated over $1.8 million in property taxes for the city, contributing to local revenue and municipal services. Additionally, the NEDC has played a crucial role in creating and retaining over 1,000 new jobs, enhancing economic stability and opportunities for the community. Their efforts in property tax management, maintenance, engineering, surveying, insurance, and marketing for the industrial parks further support ongoing economic growth and community improvement in Nevada, Iowa.
This information is meant to be a general summary of Nevada Economic Development Council. 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 2022.
- Investment Income: $1,740
- Gross Receipts: $172,746
Assets and Liabilities:
- Total Assets: $1,155,069
- Total Liabilities: $0
- Net Assets: $1,155,069
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Organization Details
Phone
(515) 382-6538Principal Officer
Jon Augustus
Main Address
1110 6TH STREET, NEVADA, IA, 50201
Website
www.nevadaiowaedc.com/NTEE Category
Code: S31Z - Community improvement
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