Overview
What is Lamoure Community Development Corporation?
The Lamoure Community Development Corporation is a nonprofit organization located within its community. Its primary mission is to empower local businesses and organizations by offering financial aid through grants or low-interest loans. This assistance serves to stimulate economic growth. In the fiscal year 2022, the corporation extended zero-interest loans to the Happy Seniors Club, demonstrating its commitment to supporting various community initiatives. Furthermore, the organization actively encourages business entrepreneurship, promoting a thriving local economy.
Is Lamoure Community Development Corporation legitimate?
Lamoure Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lamoure Community Development Corporation 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: $0
For more financial information, click here
What is the mission statement of Lamoure Community Development Corporation?
The Lamoure Community Development Corporation's mission is to aid in the economic growth of the community by offering grants or low-interest loans to businesses and organizations. In the fiscal year 2022, the corporation provided zero-interest loans to the Happy Seniors Club. Furthermore, the organization is actively involved in promoting business entrepreneurship within the community.
Who is the CEO of Lamoure Community Development Corporation?
Brad Nogosek is the President of Lamoure Community Development Corporation.
What is the revenue of Lamoure Community Development Corporation?
Lamoure Community Development Corporation's revenue in 2022 was $139,112.
Who are the executives of Lamoure Community Development Corporation and what are their salaries?
There 12 volunteers at Lamoure Community Development Corporation.
Here are 8 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
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lamoure Community Development Corporation?
Lamoure Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lamoure Community Development Corporation
The LaMoure Community Development Corporation is dedicated to aiding the growth and development of businesses and organizations within its community. This nonprofit organization achieves this by offering grants or low-interest loans, serving as a catalyst for economic growth. In the fiscal year 2022, the Corporation extended zero-interest loans to the Happy Seniors Club. Beyond financial assistance, the Corporation also actively encourages entrepreneurship in the community, fostering a business-friendly environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lamoure Community Development Corporation plays a crucial role in enhancing economic growth and fostering community engagement in LaMoure, North Dakota. By providing grants and low-interest loans, it directly supports local businesses and organizations, facilitating their development and sustainability.
In FY2022, for instance, the organization issued zero-interest loans to the Happy Seniors Club, demonstrating a commitment to enriching community life and promoting social cohesion. Beyond financial assistance, LaMoure Community Development Corporation actively encourages entrepreneurship, empowering individuals to start and grow their own businesses. This holistic approach not only bolsters the local economy but also cultivates a thriving community atmosphere, paving the way for long-term improvements in quality of life for LaMoure residents.
This information is meant to be a general summary of Lamoure Community Development Corporation. 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: $12,132
- Gross Receipts: $144,512
Assets and Liabilities:
- Total Assets: $1,042,087
- Total Liabilities: $459,286
- Net Assets: $582,801
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1967
Phone
(701) 883-5396Principal Officer
Brad Nogosek
Main Address
PO Box 262, LaMoure, ND, 58458
NTEE Category
Code: S31 - Community improvement
If you are a representative of Lamoure Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.