Overview
What is Bottineau Economic Development Corp?
Bottineau Economic Development Corp is a nonprofit organization situated in Bottineau, North Dakota. With a mission to foster growth and prosperity in the community, they collaborate with local and state partners to attract jobs, stimulate capital investment, and bolster educational institutions. The organization plays a crucial role in workforce development by offering support and resources to local businesses. They utilize funds such as the Bottineau County Loan Pool and the B-500 Fund to provide loans, grants, and funding for feasibility studies and seminars, ultimately aiding businesses in their expansion and job creation efforts. The organization's commitment to the community is reflected in their modest workforce of two dedicated individuals.
Is Bottineau Economic Development Corp legitimate?
Bottineau Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bottineau Economic 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.
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Other Salaries and Wages: $89,916
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What is the mission statement of Bottineau Economic Development Corp?
The Bottineau Economic Development Corp's mission is to stimulate growth and well-being for the community by collaborating with local and state entities. Their primary focus is on attracting and retaining jobs, encouraging capital investment, and supporting educational establishments. Furthermore, they are committed to fostering workforce development, providing essential services to help businesses start, expand, and create quality employment opportunities. To accomplish these objectives, they utilize loan pools and grants, as well as funding for feasibility studies and workshops.
Who is the CEO of Bottineau Economic Development Corp?
Julie Mears is the President of Bottineau Economic Development Corp.
What is the revenue of Bottineau Economic Development Corp?
Bottineau Economic Development Corp's revenue in 2021 was $244,016.
Who are the executives of Bottineau Economic Development Corp and what are their salaries?
The average compensation at Bottineau Economic Development Corp during 2021 was $44,958. There are 2 employees at Bottineau Economic Development Corp.
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Where can I find the form 990 for Bottineau Economic Development Corp?
Bottineau Economic Development Corp's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Bottineau Economic Development Corp
The Bottineau Economic Development Corp, with a mission deeply rooted in promoting growth and prosperity, works collaboratively with local and state partners to achieve this goal. The primary focus of this organization is to attract and retain jobs, stimulate capital investment, and support educational institutions. Additionally, the corporation plays a significant role in fostering workforce development within Bottineau County. To accomplish these objectives, the Bottineau Economic Development Corp employs various strategies. They provide resources to support business incubation, offering shared and individual services essential for businesses to start, expand, and create quality employment opportunities.
Furthermore, the corporation utilizes funds such as the Bottineau County Loan Pool and the B-500 Fund to assist businesses by offering loans and grants. They also fund feasibility studies and seminars to help local businesses thrive. The Bottineau Economic Development Corp's mission is a testament to its commitment to improving the economic landscape and quality of life in Bottineau County, ultimately benefiting all its residents and businesses.
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Impact
October, 2024
Bottineau Economic Development Corp plays a vital role in fostering economic growth and prosperity in Bottineau County. By collaborating with local and state partners, it focuses on attracting and retaining jobs while cultivating capital investment.
The organization supports business incubation, providing essential shared and individual services that enable companies to start, expand, and create quality jobs. Through initiatives like the Bottineau County Loan Pool and the B-500 Fund, it offers loans and grants to businesses, facilitating feasibility studies and seminars that enhance entrepreneurial success.
Moreover, Bottineau Economic Development Corp emphasizes educational support and workforce development, ensuring that the community has the necessary resources and skills to thrive. Its commitment to community improvement manifests in tangible benefits for all who live and work in the area, thereby contributing significantly to the overall economic landscape of Bottineau County.
This information is meant to be a general summary of Bottineau Economic 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 2021.
- Investment Income: $7,493
- Gross Receipts: $244,016
Assets and Liabilities:
- Total Assets: $2,117,134
- Total Liabilities: $7,876
- Net Assets: $2,109,258
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Organization Details
Founding Year
1994
Phone
(701) 228-3922Principal Officer
Julie Mears
Main Address
519 Main St, Bottineau, ND, 58318
NTEE Category
Code: S43 - Community improvement
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