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Montgomery County Development Corporation

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

EIN: 421421917 ✦ Red oak, IA ✦ Designated as a 501(c)(4)

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Overview

What is Montgomery County Development Corporation?

The Montgomery County Development Corporation is a nonprofit organization committed to fostering economic growth within Montgomery County. Their primary mission involves engaging in county-wide initiatives, specifically focusing on attracting businesses and creating job opportunities. This nonprofit organization plays a significant role in driving the local economy forward, contributing to the community's prosperity and development.

Is Montgomery County Development Corporation legitimate?

Montgomery County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Montgomery County Development Corporation submitted a form 990EZ, 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.

What is the mission statement of Montgomery County Development Corporation?

The Montgomery County Development Corporation is dedicated to promoting economic growth within the county by implementing various county-wide programs. One of their primary focuses is the recruitment of businesses and job opportunities, aiming to stimulate the local economy. Their activities are geared towards fostering a prosperous and thriving community.

Who is the CEO of Montgomery County Development Corporation?

Steven Adams is the Executive Director of Montgomery County Development Corporation.

What is the revenue of Montgomery County Development Corporation?

Montgomery County Development Corporation's revenue in 2023 was $114,907.

Who are the executives of Montgomery County Development Corporation and what are their salaries?


Here are 14 key members and their salaries:


Ann Carder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Olson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krystalle Fada (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Bloom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Haidsiack (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Lorenz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Landess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Vial (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Adams (Executive Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Tim Fridolph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanice Lester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janna Ramsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Montgomery County Development Corporation?

Montgomery County Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Montgomery County Development Corporation

Montgomery County Development Corporation, in its mission, is dedicated to driving economic growth across the county. This is achieved through the implementation of comprehensive programs aimed at attracting businesses and job opportunities on a county-wide scale. By engaging in these activities, the corporation plays a pivotal role in fostering a prosperous economic environment within the community.

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Impact




October, 2024

Montgomery County Development Corporation significantly impacts the local economy by spearheading initiatives aimed at recruiting businesses and creating jobs throughout the county. Based in Red Oak, Iowa, the organization implements a variety of economic development programs designed to stimulate growth and enhance the community's overall prosperity. By attracting new businesses, they not only boost the local job market but also foster a vibrant environment for recreation and community engagement. This holistic approach to development supports sustainable economic vitality and improves the quality of life for residents in Montgomery County.




This information is meant to be a general summary of Montgomery County 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.

Revenue
$114,907 (2023)
Expenses
$100,678 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $164
  • Gross Receipts: $114,907

Assets and Liabilities:

  • Total Assets: $197,745
  • Total Liabilities: $1,492
  • Net Assets: $196,253

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Organization Details

Principal Officer

Steven Adams

Main Address

307 REED STREET, RED OAK, IA, 51566

NTEE Category

Code: N20 - Recreation

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