Moberly Area Economic Development C

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

EIN: 431475001 ✦ Moberly, MO ✦ Designated as a 501(c)(4)

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Overview

What is Moberly Area Economic Development C?

Moberly Area Economic Development C, based in Moberly, Missouri, is a dedicated nonprofit organization with a focus on promoting growth within the two-county region. Their primary mission involves supporting existing businesses through retention and expansion, attracting new businesses, and fostering entrepreneurial development. This includes providing resources such as labor reports, cooperative marketing opportunities, and skills training to local major employers. Additionally, they collaborate with various state and regional partners to conduct consultations, familiarization tours, and submit proposals, aiming to attract potential employers to the region. Overall, the organization's activities ultimately lead to the creation of new jobs, an increased tax base, and diversification of the local economy.


Official website here: www.moberly-edc.com

Is Moberly Area Economic Development C legitimate?

Moberly Area Economic Development C is a legitimate nonprofit organization registered as a 501(c)(4) entity. Moberly Area Economic Development C 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: $106,195

For more financial information, click here


Official website here: www.moberly-edc.com

What is the mission statement of Moberly Area Economic Development C?

The Moberly Area Economic Development Corporation's mission is to foster investment within its jurisdiction, specifically Randolph and Howard Counties. This is achieved through the expansion of existing businesses and the attraction of new ones. The primary objectives of these investments include the creation of new employment opportunities, an increased tax base for local taxing jurisdictions and municipalities, and the diversification of the local economy. To promote growth in the two-county region, the organization's staff offers services for business retention and expansion, business attraction, and entrepreneurial development. They regularly engage with major employers, providing resources like labor reports, cooperative marketing opportunities, and skills training. Furthermore, they collaborate with various state and regional partners to conduct consultant briefings, familiarization tours, and submit requests for proposals, with the aim of securing site visits for prospective employers in the region.


Official website here: www.moberly-edc.com

Who is the CEO of Moberly Area Economic Development C?

Randall Asbury is the President of Moberly Area Economic Development C.


Official website here: www.moberly-edc.com

What is the revenue of Moberly Area Economic Development C?

Moberly Area Economic Development C's revenue in 2022 was $551,103.


Official website here: www.moberly-edc.com

Who are the executives of Moberly Area Economic Development C and what are their salaries?

The average compensation at Moberly Area Economic Development C during 2022 was $35,398. There are 3 employees at Moberly Area Economic Development C.


Here are 11 key members and their salaries:


Randall Asbury (President)
  • Compensation: $27,229
  • Related: $0
  • Other: $817
Chuck Mckeown (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzi Mcgarvey (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jb Waggoner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Stewart (Sec/Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Crane (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Adrian (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tracy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Schmitt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Snodgrass (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Goessling (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moberly-edc.com

Where can I find the form 990 for Moberly Area Economic Development C?

Moberly Area Economic Development C's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.moberly-edc.com

Learn more at the official website: www.moberly-edc.com

Mission Statement of Moberly Area Economic Development C

Moberly Area Economic Development C, a dynamic organization, is committed to promoting investment within Randolph and Howard Counties. Its mission is twofold: to expand existing businesses and attract new ones. This strategic approach aims to create new job opportunities, enhance the tax base for taxing jurisdictions and municipalities, and diversify the local economy. By fostering growth in these areas, Moberly Area Economic Development C is instrumental in driving economic development and fostering a thriving community.

The organization's staff takes an active role in this mission. They provide services for business retention and expansion, business attraction, and entrepreneurial development. Regularly visiting with major employers, they offer resources such as labor reports, cooperative marketing opportunities, and skills training. Additionally, Moberly Area Economic Development C collaborates with several state and regional partners, conducting consultant briefings, familiarization tours, and actively submitting requests for proposals to attract prospective employers to the region. Through these initiatives, Moberly Area Economic Development C is a driving force in promoting economic growth and development within Randolph and Howard Counties.

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Impact




October, 2024

Moberly Area Economic Development Corporation (MAEDC) significantly impacts the economic landscape of Randolph and Howard Counties by fostering investment and business growth. Through initiatives aimed at both expanding existing businesses and attracting new ones, MAEDC plays a crucial role in job creation, which stimulates local economies and enhances the tax base for various jurisdictions and municipalities.

The organization actively engages with major employers in the area, offering essential resources such as labor reports, marketing opportunities, and skills training that empower local businesses to thrive. MAEDC's collaboration with state and regional partners allows it to conduct targeted outreach, including consultant briefings and familiarization tours, which attract prospective employers and enhance the area's economic prospects.

Furthermore, MAEDC's commitment to entrepreneurial development nurtures a diverse local economy, creating a resilient community capable of adapting to market changes and fostering innovations. Overall, the organization's efforts contribute to a sustainable economic environment that benefits residents and businesses alike in Randolph and Howard Counties.




This information is meant to be a general summary of Moberly Area Economic Development C. 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
$551,103 (2022)
Expenses
$420,074 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,420
  • Program Service Revenue: $461,750
  • Gross Receipts: $551,103

Assets and Liabilities:

  • Total Assets: $606,314
  • Total Liabilities: $1,587
  • Net Assets: $604,727

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Programs

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

CONTRACT REVENUE

Revenue

$364,750

IFA INCOME

Revenue

$97,000

Organization Details

Founding Year

1988

Principal Officer

Randall Asbury

Main Address

115 NORTH WILLIAMS ST, MOBERLY, MO, 65270

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