Overview
What is Kirksville Regional Economic Development Inc?
Kirksville Regional Economic Development Inc, located at 407 S Elson, Kirksville, MO 63501, is a nonprofit organization with a mission to support business expansion and relocation within its area. By searching for and aiding businesses seeking to grow or relocate, the organization aims to retain existing jobs and attract new ones to the region. This nonprofit actively works towards fostering economic growth and development within its community.
Official website here: www.k-redi.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Kirksville Regional Economic Development Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. The organization scored 83%, with its rating derived entirely from a single beacon score focused on accountability and finance metrics. This emphasizes a commitment to transparent financial management and governance.
Strengths of the organization include a fully independent board, which scored a perfect 10 out of 10 for member independence, and a notable absence of material asset diversion. Additionally, they maintain a solid program expense ratio of 100%, indicating that all expenditures are directed towards their programs rather than administrative costs. Their website is aligned with transparency standards, listing crucial documents like tax forms and board meeting minutes.
However, some limitations were noted, particularly the absence of a whistleblower policy and document retention and destruction protocols, which both received a score of zero. Despite these gaps, the organization's overall financial health appears robust, with a low liabilities to assets ratio of 7.53%. This suggests that while improvements can still be made in governance policies, the organization is functioning effectively in its financial management and program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Kirksville Regional Economic Development Inc legitimate?
Kirksville Regional Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kirksville Regional Economic Development 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,176
For more financial information, click here
Official website here: www.k-redi.com
What is the mission statement of Kirksville Regional Economic Development Inc?
The Kirksville Regional Economic Development Inc is committed to assisting businesses that aim to expand or relocate to the area. Their mission is primarily focused on retaining existing jobs and attracting new ones to the region. This organization actively seeks to facilitate the growth of businesses, contributing to the overall economic development of the area.
Official website here: www.k-redi.com
Who is the CEO of Kirksville Regional Economic Development Inc?
Corey Eagen is the Treasurer of Kirksville Regional Economic Development Inc.
Official website here: www.k-redi.com
What is the revenue of Kirksville Regional Economic Development Inc?
Kirksville Regional Economic Development Inc's revenue in 2022 was $186,910.
Official website here: www.k-redi.com
Who are the executives of Kirksville Regional Economic Development Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.k-redi.com
Where can I find the form 990 for Kirksville Regional Economic Development Inc?
Kirksville Regional Economic Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.k-redi.com
Learn more at the official website: www.k-redi.com
Mission Statement of Kirksville Regional Economic Development Inc
Kirksville Regional Economic Development Inc is an organization dedicated to assisting businesses with expansion or relocation plans within the area. Their primary objective is to retain existing jobs and attract new ones to the region. In essence, their mission is to serve as a catalyst for business growth, aiding companies seeking to expand or establish operations in the specified location. By doing so, they contribute to the overall economic development and job creation within the community.
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Impact
October, 2024
Kirksville Regional Economic Development Inc has a significant impact on the local economy by actively seeking and supporting businesses that wish to expand or relocate to Kirksville, Missouri. The organization focuses on retaining existing jobs while also facilitating the acquisition of new job opportunities within the area. This dual approach not only enhances the local workforce but also stimulates economic growth by attracting new industries and investments. Through its dedicated efforts in community improvement, Kirksville Regional Economic Development Inc plays a crucial role in fostering a vibrant and sustainable economic environment for residents and businesses alike.
This information is meant to be a general summary of Kirksville Regional Economic Development 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 2022.
- Investment Income: $843
- Program Service Revenue: $173,536
- Gross Receipts: $186,910
Assets and Liabilities:
- Total Assets: $669,506
- Total Liabilities: $50,417
- Net Assets: $619,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIPS
Revenue
$73,536
CITY OF KIRKSVILLE
Revenue
$100,000
Organization Details
Founding Year
1987
Principal Officer
Corey Eagen
Main Address
407 S ELSON, KIRKSVILLE, MO, 63501
Website
www.k-redi.comNTEE Category
Code: S31Z - Community improvement
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