Park River Community Development Corp

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

EIN: 450390369 ✦ Park river, ND ✦ Designated as a 501(c)(3)

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Overview

What is Park River Community Development Corp?

Park River Community Development Corporation is a nonprofit organization committed to fostering economic growth within its community. They achieve this by constructing, selling, and leasing commercial properties, thereby contributing to the local business sector. Additionally, they operate a local theater, serving as a cultural hub and further boosting the community's commercial appeal. The theater's presence enriches the area, enhancing the overall charm and allure of Park River's business district.

Is Park River Community Development Corp legitimate?

Park River Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park River Community Development Corp 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 Park River Community Development Corp?

The Park River Community Development Corporation's mission is centered around fostering economic growth within its community. It accomplishes this by constructing, selling, and renting commercial properties. Furthermore, the corporation operates a local theater as a means to bolster the local business sector. This theater serves as an additional tool to enhance the overall economic vibrancy of the community.

Who is the CEO of Park River Community Development Corp?

Allison Olimb is the President of Park River Community Development Corp.

What is the revenue of Park River Community Development Corp?

Park River Community Development Corp's revenue in 2022 was $98,004.

Who are the executives of Park River Community Development Corp and what are their salaries?


Here are 4 key members and their salaries:


Laurelyn Larson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Olimb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rehovsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Park River Community Development Corp?

Park River Community Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Park River Community Development Corp

Park River Community Development Corporation, as a nonprofit organization, is committed to fostering economic growth within its community. This is achieved through the development, sale, and rental of commercial properties. Additionally, the corporation takes an active role in enhancing the local business sector by operating a local theater. This theater serves as a catalyst for community engagement and business development, further strengthening the commercial landscape of the area.

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Impact




October, 2024

Park River Community Development Corp significantly contributes to the economic vitality of Park River, North Dakota. By focusing on the development, sale, and rental of commercial buildings, it plays a crucial role in creating spaces that facilitate business growth and entrepreneurship within the community. Additionally, the operation of a local theater not only enhances the cultural landscape but also attracts visitors, supports local businesses, and fosters community engagement. Through these efforts, Park River Community Development Corp strengthens the overall economic infrastructure, benefiting both residents and business owners alike.




This information is meant to be a general summary of Park River Community Development Corp. 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
$98,004 (2022)
Expenses
$95,502 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $52,255
  • Gross Receipts: $110,779

Assets and Liabilities:

  • Total Assets: $273,699
  • Total Liabilities: $2,483
  • Net Assets: $271,216

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Organization Details

Principal Officer

Allison Olimb

Main Address

PO BOX C, PARK RIVER, ND, 58270

NTEE Category

Code: Z99 - Unknown

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