Overview
What is Garrison Area Improvement Association?
The Garrison Area Improvement Association is a nonprofit organization situated in Garrison, North Dakota. Their primary mission is to stimulate and expand economic development and tourism within the region. To achieve this goal, they proactively aid, assist, encourage, and promote the development and expansion of business concerns. This is accomplished by making necessary facilities, such as plants, available. Moreover, the association offers financial assistance in the form of grants and loans to both new and existing businesses. With a dedicated workforce of 12 individuals, the Garrison Area Improvement Association is committed to enhancing the local economy and fostering growth in the community.
Is Garrison Area Improvement Association legitimate?
Garrison Area Improvement Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Garrison Area Improvement Association 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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Other Salaries and Wages: $45,055
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What is the mission statement of Garrison Area Improvement Association?
The Garrison Area Improvement Association's mission is centered around supporting and fostering the growth of businesses within its sphere. It aims to facilitate development and expansion by making necessary facilities available. Additionally, the organization extends financial aid through grants and loans to both new and existing businesses within its jurisdiction. The ultimate goal is to boost economic development and tourism in the area.
What is the revenue of Garrison Area Improvement Association?
Garrison Area Improvement Association's revenue in 2023 was $695,960.
Who are the executives of Garrison Area Improvement Association and what are their salaries?
The average compensation at Garrison Area Improvement Association during 2023 was $2,253. There are 20 employees at Garrison Area Improvement Association.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Garrison Area Improvement Association?
Garrison Area Improvement Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Garrison Area Improvement Association
The Garrison Area Improvement Association is dedicated to aiding, assisting, encouraging, and promoting the development and expansion of business concerns in its area. This nonprofit organization achieves this by making plant or other facilities available for use. Furthermore, it extends financial aid in the form of grants and loans to both new and existing businesses within the community. Its primary mission is to foster economic development and tourism in the area.
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Impact
October, 2024
The Garrison Area Improvement Association significantly enhances the local economy by facilitating the growth and expansion of businesses in Garrison, North Dakota. By providing access to essential facilities and resources, the organization plays a pivotal role in creating an environment conducive to economic development and tourism.
Through its targeted programs, which include grants and loans, the association empowers both new and existing businesses, fostering innovation and entrepreneurship. This support not only helps sustain local enterprises but also contributes to job creation and community vitality. The strategic focus on promoting development serves to attract visitors and stimulate local commerce, ultimately transforming Garrison into a thriving hub for business and tourism. The efforts of the Garrison Area Improvement Association emphasize collaboration and investment in the community, leading to a more robust economic landscape for residents and businesses alike.
This information is meant to be a general summary of Garrison Area Improvement Association. 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 2023.
- Investment Income: $4,331
- Gross Receipts: $13,356,590
Assets and Liabilities:
- Total Assets: $1,597,195
- Total Liabilities: $266,953
- Net Assets: $1,330,242
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Organization Details
Founding Year
1991
Principal Officer
Michael Matteson
NTEE Category
Code: S31 - Community improvement
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