Economic Development Corporation Of Kansas City Missouri

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

EIN: 431146626 ✦ Kansas city, MO ✦ Designated as a 501(c)(4)

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Overview

What is Economic Development Corporation Of Kansas City Missouri?

The Economic Development Corporation of Kansas City, Missouri, is a nonprofit organization situated at 300 Wyandotte St 400, Kansas City, Missouri 64105. Their primary mission is to foster economic growth and development within the city, creating an environment that encourages prosperity for both businesses and residents. They accomplish this through various initiatives, such as land development, blight remediation, attracting, retaining, and expanding businesses, and implementing strategic projects like the Blue River Valley Corridor and LaunchKC. With a team of 30 dedicated employees, they work tirelessly to drive Kansas City's economic progress.


Official website here: www.edckc.com

Is Economic Development Corporation Of Kansas City Missouri legitimate?

Economic Development Corporation Of Kansas City Missouri is a legitimate nonprofit organization registered as a 501(c)(4) entity. Economic Development Corporation Of Kansas City Missouri 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: $383,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,675,285

For more financial information, click here


Official website here: www.edckc.com

What is the mission statement of Economic Development Corporation Of Kansas City Missouri?

The Economic Development Corporation of Kansas City Missouri's mission is centered around stimulating economic growth. Their primary objective is to create an environment that fosters prosperity for businesses and residents alike. To achieve this, they engage in various activities such as land development and blight remediation, as well as attracting, retaining, and expanding businesses. Additionally, they implement strategic initiatives like the Blue River Valley Corridor and LaunchKC. Overall, their mission is to drive economic development in Kansas City, Missouri, aiming to benefit both businesses and the community.


Official website here: www.edckc.com

Who is the CEO of Economic Development Corporation Of Kansas City Missouri?

Tracey Lewis is the Chairperson of Economic Development Corporation Of Kansas City Missouri. The CEO's salary of Economic Development Corporation Of Kansas City Missouri is $131,739 and their total compensation is $158,016.


Official website here: www.edckc.com

What is the revenue of Economic Development Corporation Of Kansas City Missouri?

Economic Development Corporation Of Kansas City Missouri's revenue in 2022 was $3,918,676.


Official website here: www.edckc.com

Who are the executives of Economic Development Corporation Of Kansas City Missouri and what are their salaries?

The average compensation at Economic Development Corporation Of Kansas City Missouri during 2022 was $68,619. There are 30 employees at Economic Development Corporation Of Kansas City Missouri.


Here are 13 key members and their salaries (Economic Development Corporation Of Kansas City Missouri's CEO's salary is $131,739 and their total compensation is $158,016):


Bridgette Williams (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Councilman Lee Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mcclain Bryant Macklin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makini L King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Quinton Lucas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Shankland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Platt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Quinn (Secretary)
  • Compensation: $68,363
  • Related: $0
  • Other: $11,775
Heather Brown (Interim Pres. & Ceo 10/1/21-4/30/22)
  • Compensation: $131,739
  • Related: $0
  • Other: $26,277
T'Risa L Mccord (President & Ceo 5/1/21-9/30/21)
  • Compensation: $170,825
  • Related: $0
  • Other: $1,649
Lee Brown (Former Controller)
  • Compensation: $152,289
  • Related: $0
  • Other: $0


Official website here: www.edckc.com

Where can I find the form 990 for Economic Development Corporation Of Kansas City Missouri?

Economic Development Corporation Of Kansas City Missouri's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.edckc.com

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

Mission Statement of Economic Development Corporation Of Kansas City Missouri

The Economic Development Corporation of Kansas City, Missouri, is committed to driving economic development and creating an environment that allows businesses and residents to prosper and grow within the city. This mission is achieved through various activities, primarily focusing on land development and blight remediation, as well as attracting, retaining, and expanding businesses within the region. Strategic initiatives, such as the Blue River Valley Corridor and LaunchKC, are also implemented to further stimulate economic growth. The corporation's mission is instrumental in creating a thriving and prosperous Kansas City, Missouri, by fostering a conducive environment for both businesses and residents.

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Impact




October, 2024

The Economic Development Corporation of Kansas City, Missouri, plays a crucial role in fostering economic growth and community improvement within the region. Its primary mission is to enhance the environment for businesses and residents, creating a thriving ecosystem for prosperity.

The EDC actively engages in land development and blight remediation, which revitalizes underutilized areas and prepares them for new opportunities. This commitment to improving the physical landscape not only enhances property values but also attracts new businesses and residents to the area.

Additionally, the corporation focuses on business attraction, retention, and expansion. By implementing strategic initiatives like the Blue River Valley Corridor and LaunchKC, the EDC supports local entrepreneurs and startups while facilitating the expansion of established businesses. This holistic approach not only strengthens the local economy but also encourages innovation and job creation.

Through these efforts, the Economic Development Corporation of Kansas City contributes significantly to the overall economic vitality of the region, making Kansas City a more desirable place to live and work.




This information is meant to be a general summary of Economic Development Corporation Of Kansas City Missouri. 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
$3,918,676 (2022)
Expenses
$4,560,841 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,970
  • Program Service Revenue: $472,756
  • Gross Receipts: $4,039,443

Assets and Liabilities:

  • Total Assets: $4,885,634
  • Total Liabilities: $3,747,980
  • Net Assets: $1,137,654

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Programs

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

ADMINISTRATIVE FEES

Revenue

$251,582

BUSINESS DEVELOPMENT R

Revenue

$221,174

Organization Details

Founding Year

1978

Principal Officer

Tracey Lewis

Main Address

300 WYANDOTTE ST 400, KANSAS CITY, MO, 64105

NTEE Category

Code: S30 - Community improvement

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