Overview
What is Maddock Economic Development Corporation?
The Maddock Economic Development Corporation is a nonprofit organization established to foster cooperative partnerships in the growth and development of its city and its surrounding trade area. Acting as an agent or trustee, its primary mission involves facilitating relationships to retain and enhance the city's economic standing, as well as promoting development within the adjacent trade area. Although the specific activities or programs undertaken by the corporation are not detailed in the provided information, it is clear that their work is geared towards fostering cooperative economic growth and development in their community.
Is Maddock Economic Development Corporation legitimate?
Maddock Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maddock Economic Development Corporation submitted a form 990EZ, 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.
What is the mission statement of Maddock Economic Development Corporation?
The Maddock Economic Development Corporation serves as an agent or trustee, fostering cooperative relationships to promote the retention and development of its city and the surrounding trade area. Its mission is twofold: firstly, to retain and develop the city, and secondly, to support the growth of the adjacent trade area. In essence, the corporation acts as a facilitator, working in collaborative partnerships to drive economic advancement in its jurisdiction.
Who is the CEO of Maddock Economic Development Corporation?
Dave Swanson is the President of Maddock Economic Development Corporation.
What is the revenue of Maddock Economic Development Corporation?
Maddock Economic Development Corporation's revenue in 2020 was $25,772.
Who are the executives of Maddock Economic Development Corporation and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990EZ for Maddock Economic Development Corporation?
Maddock Economic Development Corporation's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Maddock Economic Development Corporation
Maddock Economic Development Corporation, as a nonprofit organization, is dedicated to serving as an agent or trustee in cooperative relationships, with the primary goal of retaining and developing the city and its surrounding trade area. The corporation's mission lies in fostering collaborative partnerships that contribute to the growth and enhancement of the city's economic landscape. By acting as a trustee in these relationships, Maddock Economic Development Corporation aims to facilitate development initiatives that benefit both the city and its adjacent trade area. The organization's role is crucial in promoting a sustainable and thriving economic environment, thereby contributing to the overall well-being of the community.
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Impact
August, 2024
The Maddock Economic Development Corporation plays a vital role in fostering economic growth and community improvement in Maddock, North Dakota, and its surrounding trade area. By acting as an agent and trustee in cooperative relationships, the organization actively works towards retaining and developing the city and its adjacent areas. This proactive approach helps stimulate local business activity, attract investments, create employment opportunities, and enhance the overall economic well-being of the community. Through strategic partnerships and initiatives, Maddock Economic Development Corporation has a tangible impact on driving positive change and sustainable growth in the region.
This information is meant to be a general summary of Maddock Economic 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 2020.
- Investment Income: $273
- Program Service Revenue: $25,499
- Gross Receipts: $25,772
Assets and Liabilities:
- Total Assets: $125,158
- Total Liabilities: $2,227
- Net Assets: $122,931
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Organization Details
Phone
(701) 438-2233Principal Officer
Dave Swanson
Main Address
PO BOX 324, MADDOCK, ND, 58348
NTEE Category
Code: S31Z - Community improvement
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