Jamestownstutsman Development Corporation

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

EIN: 450424540 ✦ Jamestown, ND ✦ Designated as a 501(c)(4)

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Overview

What is Jamestownstutsman Development Corporation?

Jamestownstutsman Development Corporation is a nonprofit organization situated in Jamestown, North Dakota. Their primary mission is to stimulate economic growth and development in the area, in collaboration with the city of Jamestown and Stutsman County. Utilizing the provided funding, they are dedicated to fostering economic development growth and diversification, with a specific focus on preserving or increasing primary sector jobs, promoting business and industrial development, encouraging business activities, and offering incentives for entrepreneurs to establish or relocate their businesses within the community. The corporation has a small workforce of five individuals.


Official website here: www.growingjamestown.com

Is Jamestownstutsman Development Corporation legitimate?

Jamestownstutsman Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Jamestownstutsman Development Corporation 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:

Executive Compensation: $111,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,471

For more financial information, click here


Official website here: www.growingjamestown.com

What is the mission statement of Jamestownstutsman Development Corporation?

The Jamestownstutsman Development Corporation, in collaboration with the city and county, is committed to fostering economic development and growth in the specified area. Their primary objective is to preserve or increase primary sector jobs, stimulate business and industrial development, and encourage business entrepreneurship. They aim to support and foster business activities, offering incentives to attract or relocate businesses to the community. The corporation's activities are geared towards maintaining a conducive business environment, thus promoting trade activities within the area.


Official website here: www.growingjamestown.com

Who is the CEO of Jamestownstutsman Development Corporation?

Tory Hart is the Director of Jamestownstutsman Development Corporation.


Official website here: www.growingjamestown.com

What is the revenue of Jamestownstutsman Development Corporation?

Jamestownstutsman Development Corporation's revenue in 2022 was $1,962,069.


Official website here: www.growingjamestown.com

Who are the executives of Jamestownstutsman Development Corporation and what are their salaries?

The average compensation at Jamestownstutsman Development Corporation during 2022 was $51,197. There are 5 employees at Jamestownstutsman Development Corporation.


Here are 13 key members and their salaries:


David Steele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Silbernagel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Chichos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwaine Heinrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Dockter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Klose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Rham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlee Siewert (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tory Hart (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Rachel (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Schauer (Secretary- Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.growingjamestown.com

Where can I find the form 990 for Jamestownstutsman Development Corporation?

Jamestownstutsman Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.growingjamestown.com

Learn more at the official website: www.growingjamestown.com

Mission Statement of Jamestownstutsman Development Corporation

JamestownStutsman Development Corporation, in alignment with the city of Jamestown and Stutsman County, is committed to fostering economic development and growth in the area. Their mission is twofold: first, they aim to preserve and increase primary sector jobs, businesses, and industrial development. Second, they work tirelessly to encourage and provide incentives for entrepreneurs to establish or relocate their businesses within the community. By doing so, they aim to stimulate and sustain business activities, thereby contributing to the overall growth and diversification of the local economy.

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Impact




October, 2024

Jamestownstutsman Development Corporation (JSDC) plays a crucial role in enhancing the economic landscape of Jamestown, North Dakota, and the surrounding Stutsman County. By actively attracting new businesses and industries while supporting existing ones, JSDC fosters a vibrant and diversified local economy. Its mission centers on increasing and preserving primary sector jobs, which are essential for sustainable growth.

Through strategic collaboration with the City of Jamestown and Stutsman County, JSDC utilizes provided funding to initiate various economic development initiatives. These efforts include creating incentives that encourage entrepreneurs to locate or relocate their businesses within the community, thereby generating new job opportunities and stimulating local commerce.

Furthermore, JSDC focuses on maintaining and expanding business and trade activities, ensuring a robust economic environment that benefits residents and businesses alike. The organization's commitment to economic development not only enhances community well-being but also lays the groundwork for long-term prosperity and stability in the region.




This information is meant to be a general summary of Jamestownstutsman 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.

Revenue
$1,962,069 (2022)
Expenses
$1,005,171 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $16,270
  • Gross Receipts: $1,962,069

Assets and Liabilities:

  • Total Assets: $16,492,618
  • Total Liabilities: $7,476,082
  • Net Assets: $9,016,536

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EXPENSE REIMBURSEMENT

Revenue

$16,270

Organization Details

Founding Year

1991

Principal Officer

Tory Hart

Main Address

P O BOX 293, JAMESTOWN, ND, 584020293

NTEE Category

Code: S30 - Community improvement

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