Overview
What is Region Xii Development Corporation Inc?
Region Xii Development Corporation Inc is a nonprofit organization situated in Carroll, Iowa. Their primary mission is to boost economic growth and opportunities within the west central Iowa region. They achieve this by supporting various business initiatives and approving loans from the EDA revolving loan fund, among other activities. As of July 1, 2022, all assets, liabilities, and net assets were transferred to Region XII Council of Governments, Inc. This transition continues the corporation's commitment to fostering economic development in the area.
Is Region Xii Development Corporation Inc legitimate?
Region Xii Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Region Xii Development Corporation Inc 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 Region Xii Development Corporation Inc?
Region Xii Development Corporation Inc's mission was to stimulate and promote economic growth in west central Iowa. The organization aimed to facilitate business opportunities and approve loans through the Economic Development Administration's revolving loan fund. As of July 1, 2022, all its assets, liabilities, and net assets were transferred to Region XII Council of Governments, Inc. The corporation's role was to contribute to the economic enhancement of the Region XII area.
Who is the CEO of Region Xii Development Corporation Inc?
Richard Hunsaker is the Executive Director of Region Xii Development Corporation Inc.
What is the revenue of Region Xii Development Corporation Inc?
Region Xii Development Corporation Inc's revenue in 2023 was $0.
Who are the executives of Region Xii Development Corporation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Region Xii Development Corporation Inc?
Region Xii Development Corporation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Region Xii Development Corporation Inc
Region Xii Development Corporation Inc, a nonprofit organization, is committed to fostering increased economic activity in west central Iowa. Their mission is to facilitate business opportunities and development within the Region XII area. The corporation plays a crucial role in approving loans from the Economic Development Administration's (EDA) revolving loan fund and engaging in various other activities that promote economic growth. As of July 1, 2022, all assets, liabilities, and net assets of Region Xii Development Corporation Inc have been transferred to Region XII Council of Governments, Inc. Despite this transition, the organization's primary goal of stimulating business growth and development in west central Iowa remains unchanged.
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Impact
October, 2024
Region Xii Development Corporation Inc plays a vital role in fostering economic growth in west central Iowa. By aiding, promoting, and stimulating business opportunities within the Region XII area, the organization facilitates increased economic activity that benefits the local community. It supports entrepreneurs and businesses through the approval of loans from the EDA revolving loan fund, allowing them to pursue new ventures and innovations.
The impact of Region Xii Development Corporation extends beyond financial assistance; it actively contributes to community improvement by creating a healthier business environment that attracts investment and enhances job creation. By focusing on development initiatives, the organization helps to build a sustainable economic foundation for the region, ensuring long-term prosperity for its residents and businesses.
This information is meant to be a general summary of Region Xii Development Corporation Inc. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1983
Phone
(712) 792-9914Principal Officer
Richard Hunsaker
Main Address
1009 E Anthony St PO Box 768, Carroll, IA, 51401
NTEE Category
Code: S320 - Community improvement
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