Overview
What is Hubbard Economic Development Corp?
Hubbard Economic Development Corporation is a nonprofit entity dedicated to fostering economic growth within its community. They accomplish this by providing essential services such as offering discounted property leases to support local businesses and issuing economic development loans. This proactive approach aims to bolster the local economy and stimulate prosperity.
Is Hubbard Economic Development Corp legitimate?
Hubbard Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hubbard Economic Development Corp 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 Hubbard Economic Development Corp?
Hubbard Economic Development Corporation is committed to promoting economic growth within its community. It achieves this by offering programs such as leasing property at reduced rates to support local businesses and providing economic development loans. The organization's primary goal is to stimulate economic activity and contribute to the prosperity of the local businesses it serves. By offering these financial assistance programs, Hubbard Economic Development Corporation aims to foster a thriving economic environment.
Who is the CEO of Hubbard Economic Development Corp?
Unavailable
What is the revenue of Hubbard Economic Development Corp?
Hubbard Economic Development Corp's revenue in 2021 was $14,586.
Who are the executives of Hubbard Economic Development Corp and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Hubbard Economic Development Corp?
Hubbard Economic Development Corp's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Hubbard Economic Development Corp
Hubbard Economic Development Corp is committed to driving economic growth in the community. Its mission is centered around providing support to local businesses through various programs. One of its key initiatives involves leasing property at discounted rates, aiming to make it easier for businesses to establish and thrive. Additionally, the corporation issues economic development loans, offering financial assistance to eligible enterprises. By offering these services, Hubbard Economic Development Corp plays a crucial role in fostering a robust and vibrant local economy.
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Impact
October, 2024
Hubbard Economic Development Corp significantly impacts the local economy by fostering business growth and development in Hubbard, Iowa. By offering programs such as discounted property leases, they provide essential support to local businesses, making it more feasible for them to thrive in a competitive environment. Additionally, issuing economic development loans helps ensure that entrepreneurs have access to necessary capital, encouraging investment and expansion within the community. Through these initiatives, the organization stimulates economic activity, creates jobs, and enhances the overall quality of life for residents by supporting sustainable business practices and local entrepreneurship.
This information is meant to be a general summary of Hubbard Economic Development Corp. 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 2021.
- Investment Income: $186
- Program Service Revenue: $14,400
- Gross Receipts: $14,586
Assets and Liabilities:
- Total Assets: $260,704
- Total Liabilities: $0
- Net Assets: $260,704
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Organization Details
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