Overview
What is Wentzville Economic Development Council?
The Wentzville Economic Development Council is a nonprofit organization situated in Wentzville, Missouri. Their primary focus is on planning, developing, acquiring, and constructing public buildings, facilities, streets, furniture, and equipment for the benefit of the city. This includes constructing essential infrastructure such as water and wastewater systems, roadways, and public buildings like a police headquarters. Additionally, the council actively promotes and markets economic development, expansion, and growth within the city. Their mission encompasses both the improvement of the city's infrastructure and the fostering of economic development and growth.
Official website here: www.wentzvillemo.org
Is Wentzville Economic Development Council legitimate?
Wentzville Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(4) entity. Wentzville Economic Development Council 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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Official website here: www.wentzvillemo.org
What is the mission statement of Wentzville Economic Development Council?
The Wentzville Economic Development Council's mission is centered around facilitating planning, development, acquisition, and construction of public infrastructure for the benefit of the city. Additionally, the council plays a role in promoting and marketing economic growth, expansion, and development. This includes initiatives such as issuing leasehold revenue bonds for the development of business parks, constructing water and wastewater systems, building new police headquarters, expanding wastewater treatment plants, and undertaking stormwater projects.
Official website here: www.wentzvillemo.org
Who is the CEO of Wentzville Economic Development Council?
Jeff Lenk is the President of Wentzville Economic Development Council.
Official website here: www.wentzvillemo.org
What is the revenue of Wentzville Economic Development Council?
Wentzville Economic Development Council's revenue in 2022 was $926,447.
Official website here: www.wentzvillemo.org
Who are the executives of Wentzville Economic Development Council and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.wentzvillemo.org
Where can I find the form 990 for Wentzville Economic Development Council?
Wentzville Economic Development Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wentzvillemo.org
Learn more at the official website: www.wentzvillemo.org
Mission Statement of Wentzville Economic Development Council
The Wentzville Economic Development Council, in its mission, is dedicated to overseeing the planning, development, acquisition, construction, and maintenance of public facilities, buildings, streets, furnishings, and equipment, all for the benefit or use of the city. Additionally, this entity is committed to promoting and marketing economic development, expansion, and growth within the city.
To accomplish its mission, the Wentzville Economic Development Council has issued leasehold revenue bonds to finance various projects. These projects include the acquisition of real estate to be developed into a business park, the construction of water and wastewater systems and roadways for the business park, the purchase and construction of a new police headquarters, the expansion of the city's wastewater treatment plant, the building of water towers, the rebuilding of a wastewater lift station and force main, and the execution of stormwater projects. By undertaking these initiatives, the Wentzville Economic Development Council aims to contribute to the city's economic development and growth, ultimately benefiting its residents.
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Impact
October, 2024
The Wentzville Economic Development Council plays a vital role in shaping the economic landscape of Wentzville, Missouri. By focusing on planning, development, acquisition, and construction of essential public infrastructure, the Council directly contributes to the wellbeing and functionality of the city. Their efforts include the development of public buildings, facilities, and roadways, ensuring that the community is equipped with the necessary resources to thrive.
One significant impact of the Council is the issuance of leasehold revenue bonds, which have facilitated the acquisition of real estate for a new business park. This initiative not only supports local businesses but also attracts new investments, creating job opportunities and stimulating economic growth. Furthermore, the construction of vital water and wastewater systems, along with the expansion of the city's wastewater treatment plant and the building of water towers, addresses critical infrastructure needs, ensuring that Wentzville can accommodate future growth while maintaining public health and safety.
Moreover, the Council’s dedication to stormwater projects underscores its commitment to environmental sustainability, which benefits the community by managing water runoff and preventing flooding. By promoting and marketing economic development, the Wentzville Economic Development Council fosters an environment that supports expansion and growth, vital for the city’s long-term prosperity. Their multifaceted approach not only enhances the quality of life in Wentzville but also positions the city for a resilient economic future.
This information is meant to be a general summary of Wentzville Economic Development Council. 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: $240
- Program Service Revenue: $925,821
- Gross Receipts: $926,447
Assets and Liabilities:
- Total Assets: $6,409,958
- Total Liabilities: $1,111,127
- Net Assets: $5,298,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$925,821
Organization Details
Founding Year
1994
Phone
(636) 327-5101Principal Officer
Jeff Lenk
Main Address
1001 SCHROEDER CREEK BLVD, WENTZVILLE, MO, 63385
Website
www.wentzvillemo.orgNTEE Category
Code: W99 - Public benefit
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