Overview
What is Bowman County Job Development Inc?
Bowman County Job Development Inc is a nonprofit organization located in Bowman, North Dakota. Their primary mission is to foster economic growth and development within the Bowman County area. With a team of 17 dedicated individuals, they actively work towards promoting economic prosperity in their community. While specific details about their programs or initiatives are not provided in the information, it is clear that their goal is to contribute positively to the local economy.
Official website here: www.bowmannd.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 69%, Two-Star out of Four Star Rating
Bowman County Job Development Inc has been rated with a score of 69%, which falls into the "Needs Improvement" category. This rating indicates that while the organization has some strengths, there are significant areas that require attention, particularly in accountability and transparency practices. The organization scores well in having a fully independent board and demonstrates a solid program expense ratio of 79.58%, which suggests that a substantial portion of its resources is dedicated to its programs.
However, the organization faces challenges relating to its financial documentation and governance policies. It lacks essential documents such as financial statements, a conflict of interest policy, and a whistleblower policy, which are critical for ensuring accountability and transparency within the organization. Additionally, the absence of tax forms on its website is a noted limitation, reflecting a need for better communication and accessibility of information to stakeholders.
Overall, while Bowman County Job Development Inc shows commitment through its independent governance and program spending, the gaps in financial transparency and policy frameworks highlight areas for improvement to enhance trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bowman County Job Development Inc legitimate?
Bowman County Job Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowman County Job Development Inc 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: $115,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,318
For more financial information, click here
Official website here: www.bowmannd.com
What is the mission statement of Bowman County Job Development Inc?
Bowman County Job Development Inc's mission is centered around fostering economic growth. Their primary objective is to stimulate economic development within the specified county, in this case, Bowman County, North Dakota. They aim to contribute positively to the local economy, potentially by attracting new businesses, supporting existing ones, or facilitating job creation. The organization's activities likely involve strategic planning, collaboration with local stakeholders, and executing initiatives that promote sustainable economic growth.
Official website here: www.bowmannd.com
What is the revenue of Bowman County Job Development Inc?
Bowman County Job Development Inc's revenue in 2023 was $1,527,795.
Official website here: www.bowmannd.com
Who are the executives of Bowman County Job Development Inc and what are their salaries?
The average compensation at Bowman County Job Development Inc during 2023 was $24,638. There are 14 employees and 5 volunteers at Bowman County Job Development Inc.
Here are 13 key members and their salaries:
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- Compensation: $112,328
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- Other: $3,289
Official website here: www.bowmannd.com
Where can I find the form 990 for Bowman County Job Development Inc?
Bowman County Job Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bowmannd.com
Learn more at the official website: www.bowmannd.com
Mission Statement of Bowman County Job Development Inc
Bowman County Job Development Inc, as its name suggests, is committed to fostering economic growth in its jurisdiction. The organization's mission is to stimulate economic development within Bowman County, North Dakota. Their primary objective is to create an environment that encourages businesses to thrive, thereby contributing to the overall economic prosperity of the region. This mission is carried out through various initiatives aimed at promoting economic growth and development within the Bowman County area.
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Impact
July, 2024
Bowman County Job Development Inc plays a vital role in promoting economic development in the Bowman County area of North Dakota. Through its various initiatives and programs, the organization actively works to create opportunities for local businesses and residents to thrive and grow. Its impact can be seen in the increased employment opportunities, the support provided to budding entrepreneurs, and the overall improvement in the economic vitality of the region. By fostering a conducive environment for economic growth, Bowman County Job Development Inc is a key player in driving the prosperity and success of the community.
This information is meant to be a general summary of Bowman County Job Development Inc. 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: $9,175
- Program Service Revenue: $231,943
- Gross Receipts: $2,079,716
Assets and Liabilities:
- Total Assets: $1,887,705
- Total Liabilities: $139,325
- Net Assets: $1,748,380
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$227,943
MEMBERSHIPS
Revenue
$4,000
Organization Details
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