Overview
What is Forward Devils Lake Corp?
Forward Devils Lake Corp, located at 423 6th Street NE, Devils Lake, North Dakota 58301, serves as the economic development promoter for the city of Devils Lake. Its primary mission is to foster and develop both existing and new businesses and industries in the lake region. To achieve this, the organization provides location incentives to attract businesses to Devils Lake, thereby contributing to the economic growth of the area. With a small team of one employee, Forward Devils Lake Corp plays a crucial role in promoting business development and expansion within the lake region.
Is Forward Devils Lake Corp legitimate?
Forward Devils Lake Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Forward Devils Lake 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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What is the mission statement of Forward Devils Lake Corp?
Forward Devils Lake Corp serves as an economic development promoter, with its primary mission being to foster and develop both existing and new businesses and industries. In pursuit of this objective, the corporation markets the city and offers location incentives to attract businesses, aiming to enhance the economic growth and prosperity in the region. By doing so, Forward Devils Lake Corp plays a crucial role in stimulating economic development and creating job opportunities within the specified area.
What is the revenue of Forward Devils Lake Corp?
Forward Devils Lake Corp's revenue in 2024 was $168,037.
Who are the executives of Forward Devils Lake Corp and what are their salaries?
The average compensation at Forward Devils Lake Corp during 2024 was $121,565. There is 1 employee at Forward Devils Lake Corp.
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Where can I find the form 990EZ for Forward Devils Lake Corp?
Forward Devils Lake Corp's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Forward Devils Lake Corp
Forward Devils Lake Corporation, as the economic development promoter for the city of Devils Lake, is dedicated to fostering and developing both existing and new businesses and industries within its region. By marketing the city and offering location incentives, Forward Devils Lake works tirelessly to attract businesses to its area, thereby contributing to its economic growth.
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Impact
October, 2024
Forward Devils Lake Corp significantly impacts the economic landscape of the Lake Region by fostering the growth and development of both existing and new businesses. As the primary economic development promoter for the city of Devils Lake, it actively markets the area to potential businesses and industries, showcasing the benefits and opportunities of operating in the region. By providing location incentives, Forward Devils Lake attracts investments that can enhance job creation and stimulate local economic growth. This initiative not only supports the business community but also contributes to community improvement, making Devils Lake a more vibrant and prosperous place to live and work.
This information is meant to be a general summary of Forward Devils Lake 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.
- Gross Receipts: $168,037
Assets and Liabilities:
- Total Assets: $1,065,786
- Total Liabilities: $810,067
- Net Assets: $255,719
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Organization Details
Founding Year
1992
Principal Officer
Chace Engstrom-Austvold
NTEE Category
Code: S30 - Community improvement
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