Overview
What is Griggs-Steele Empowerment Zone Inc?
Griggs-Steele Empowerment Zone Inc, based in Finley, North Dakota, is a nonprofit organization committed to supporting the growth and expansion of businesses within Griggs and Steele counties. They achieve this by providing loans to existing businesses and grant funds to non-profit organizations. The organization's mission is multifaceted, aiming to increase the population while maintaining sustainable rural values and lifestyles, enhance community facilities and services to support revitalization, and ultimately, end out-migration by invigorating and diversifying the economy. This community-driven nonprofit works towards improving the overall well-being and development of the region, with a total of 3 dedicated employees.
Official website here: www.griggs-steeleez.org
Is Griggs-Steele Empowerment Zone Inc legitimate?
Griggs-Steele Empowerment Zone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Griggs-Steele Empowerment Zone 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: $78,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,912
For more financial information, click here
Official website here: www.griggs-steeleez.org
What is the mission statement of Griggs-Steele Empowerment Zone Inc?
Griggs-Steel Empowerment Zone Inc's mission is centered around enhancing the rural community. The primary goal is to increase the population while maintaining sustainable rural values and lifestyles. They aim to revitalize the community by enhancing facilities and services. Another objective is to end out-migration and invigorate the economy by diversifying its sources. To achieve these goals, they provide loans to support business growth and retain jobs, and grant funds to non-profit organizations for community development programs.
Official website here: www.griggs-steeleez.org
What is the revenue of Griggs-Steele Empowerment Zone Inc?
Griggs-Steele Empowerment Zone Inc's revenue in 2023 was $203,110.
Official website here: www.griggs-steeleez.org
Who are the executives of Griggs-Steele Empowerment Zone Inc and what are their salaries?
The average compensation at Griggs-Steele Empowerment Zone Inc during 2023 was $50,238. There are 3 employees and 12 volunteers at Griggs-Steele Empowerment Zone Inc.
Here are 8 key members and their salaries:
- Compensation: $420
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $60
- Related: $0
- Other: $0
- Compensation: $60
- Related: $0
- Other: $0
- Compensation: $120
- Related: $0
- Other: $0
- Compensation: $60
- Related: $0
- Other: $0
- Compensation: $360
- Related: $0
- Other: $0
- Compensation: $59,506
- Related: $0
- Other: $15,128
Official website here: www.griggs-steeleez.org
Where can I find the form 990 for Griggs-Steele Empowerment Zone Inc?
Griggs-Steele Empowerment Zone Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.griggs-steeleez.org
Learn more at the official website: www.griggs-steeleez.org
Mission Statement of Griggs-Steele Empowerment Zone Inc
Griggs-Steele Empowerment Zone Inc is dedicated to increasing the population while preserving sustainable rural values and lifestyles. The organization's mission is multifaceted, aiming to enhance community facilities and services to support revitalization, end out-migration, and invigorate and diversify the economy. By doing so, Griggs-Steele Empowerment Zone Inc seeks to create a thriving and sustainable rural community.
To achieve this mission, Griggs-Steele Empowerment Zone Inc offers financial assistance to existing businesses through loans. This support helps businesses retain jobs, grow, and expand within the community, thereby boosting the local economy. Additionally, the nonprofit provides grant funds to non-profit organizations, furthering its commitment to community development. One of its significant initiatives is the Community Coordinator Program, which plays a crucial role in the organization's efforts to support community development.
In essence, Griggs-Steele Empowerment Zone Inc works tirelessly to foster a self-sustaining rural community, ensuring its survival and growth by supporting businesses, funding community development programs, and promoting sustainable values and lifestyles.
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Impact
October, 2024
Griggs-Steele Empowerment Zone Inc significantly impacts the rural communities of Griggs and Steele Counties in North Dakota by fostering economic growth and enhancing local lifestyles. By providing loans to existing businesses, it helps retain and create jobs, ensuring these communities remain vibrant and economically viable. The organization supports community development through grants to nonprofits, bolstering initiatives like the Community Coordinator Program that aim to improve facilities and services essential for revitalization.
With a mission focused on increasing the population while preserving rural values, GSEZ addresses critical issues such as out-migration and economic diversification. By enhancing community infrastructure and supporting sustainable practices, it creates an environment that not only attracts new residents but also supports the existing population in maintaining a quality lifestyle. Overall, GSEZ plays a crucial role in invigorating the local economy while fostering a strong sense of community.
This information is meant to be a general summary of Griggs-Steele Empowerment Zone 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: $36,479
- Program Service Revenue: $154,981
- Gross Receipts: $203,110
Assets and Liabilities:
- Total Assets: $4,984,291
- Total Liabilities: $11,073
- Net Assets: $4,973,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$84,127
CONTRACT REVENUE
Revenue
$37,562
COLLECTION OF BAD DEBT
Revenue
$33,000
LOAN ORIGINATION FEE
Revenue
$292
Organization Details
Founding Year
1999
Principal Officer
Elizabeth Berge
Website
www.griggs-steeleez.orgNTEE Category
Code: S32 - Community improvement
If you are a representative of Griggs-Steele Empowerment Zone Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.