Overview
What is Gwinner Community Development Corp?
Gwinner Community Development Corp is a nonprofit organization based in Gwinner, North Dakota. Its primary objective is to stimulate industrial and commercial growth and development within a 5-mile radius of the city, as well as in the adjacent trade territory. To accomplish this mission, the corporation offers favorable lease terms and aiding in financing for new and expanding businesses, with the goal of promoting economic growth and development in the community. The organization's mission is to revitalize and strengthen the local economy by supporting new and existing businesses, ultimately contributing to the overall prosperity of the area.
Is Gwinner Community Development Corp legitimate?
Gwinner Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gwinner Community Development Corp 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:
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What is the mission statement of Gwinner Community Development Corp?
The Gwinner Community Development Corp's mission is centered around fostering industrial and commercial growth within its designated territory. This territory encompasses the city it resides in and the surrounding area within a 5-mile radius from the city limits. The organization's primary objective is to develop property for rent or sale to new and expanding businesses in an economically depressed community. Additionally, it encourages both new and existing businesses to establish or expand their facilities in the area by offering favorable lease terms or assistance with purchase financing.
What is the revenue of Gwinner Community Development Corp?
Gwinner Community Development Corp's revenue in 2024 was $86,759.
Who are the executives of Gwinner Community Development Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Gwinner Community Development Corp?
Gwinner Community Development Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Gwinner Community Development Corp
Gwinner Community Development Corp is an organization dedicated to fostering the industrial and commercial growth and development within its designated trade territory. This territory extends beyond the city limits of Gwinner, North Dakota, and includes an area within a radius of 5 miles from the city's boundaries. The corporation's mission is to contribute to this growth by developing property for rent or sale to new and expanding businesses. It also encourages existing businesses to expand their facilities by offering favorable lease terms or aiding in the purchase financing process. This nonprofit organization aims to revitalize an economically depressed community by attracting and supporting new and thriving businesses.
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Impact
October, 2024
Gwinner Community Development Corp plays a crucial role in fostering industrial and commercial growth within Gwinner, ND, and its surrounding area. By focusing on the development of properties to rent or sell, the organization addresses the unique challenges faced by an economically depressed community. Its mission supports new and existing businesses by offering favorable lease terms and aiding in purchase financing, effectively creating an environment conducive to expansion and innovation.
Through its efforts, the organization not only attracts new businesses but also encourages existing ones to grow, which stimulates local employment opportunities and enhances economic stability. The commitment to encouraging growth within a 5-mile radius of Gwinner fosters a vibrant trade territory that benefits the entire region. By prioritizing community improvement, Gwinner Community Development Corp actively contributes to the revitalization and sustainability of the local economy, ensuring a more prosperous future for its residents.
This information is meant to be a general summary of Gwinner 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $17,309
- Program Service Revenue: $67,875
- Gross Receipts: $86,759
Assets and Liabilities:
- Total Assets: $1,119,603
- Total Liabilities: $0
- Net Assets: $1,119,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$67,875
Organization Details
Founding Year
2010
Principal Officer
Terrance Euscher
NTEE Category
Code: S20 - Community improvement
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