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Alice-Jim Wells County Economic Development Corp

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

EIN: 450476097 ✦ Alice, TX ✦ Designated as a 501(c)(6)

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Overview

What is Alice-Jim Wells County Economic Development Corp?

Alice-Jim Wells County Economic Development Corp is a nonprofit organization situated in Alice, Texas, specifically at PO Box 1609, with the postal code 78333. Their primary purpose is to foster and promote economic development opportunities in the Alice, Jim Wells County area of Texas. This entails identifying potential business prospects and facilitating their growth within the community. The organization's mission is deeply rooted in uplifting the local economy and improving the overall quality of life for residents.

Is Alice-Jim Wells County Economic Development Corp legitimate?

Alice-Jim Wells County Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alice-Jim Wells County Economic Development 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Alice-Jim Wells County Economic Development Corp?

The Alice-Jim Wells County Economic Development Corp's mission is centered around identifying and facilitating economic development opportunities within their specified area. Their primary goal is to stimulate growth and prosperity within the local economy, providing a conducive environment for businesses and community development. By actively seeking out potential economic ventures, they aim to foster a thriving and sustainable community. This organization plays a crucial role in attracting investments, creating jobs, and promoting business expansion, thereby enhancing the overall economic well-being of the community.

What is the revenue of Alice-Jim Wells County Economic Development Corp?

Alice-Jim Wells County Economic Development Corp's revenue in 2022 was $42,434.

Who are the executives of Alice-Jim Wells County Economic Development Corp and what are their salaries?

There 2 volunteers at Alice-Jim Wells County Economic Development Corp.

Here are 6 key members and their salaries:


Kevin Downs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Joslin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jolene Vanover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Martinez (Executive Director)
  • Compensation: $37,092
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alice-Jim Wells County Economic Development Corp?

Alice-Jim Wells County Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alice-Jim Wells County Economic Development Corp

Alice-Jim Wells County Economic Development Corp is dedicated to identifying and facilitating economic development opportunities within the Alice, Jim Wells County, Texas area. This nonprofit organization's mission is to actively seek out potential economic growth prospects and work towards their realization, thereby contributing to the overall prosperity of the region. By taking on this role, Alice-Jim Wells County Economic Development Corp plays a crucial part in stimulating local business development and fostering a thriving economic landscape.

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Impact




October, 2024

The Alice-Jim Wells County Economic Development Corp plays a vital role in fostering economic growth and community improvement in the Alice and Jim Wells County area of Texas. By identifying and facilitating various economic development opportunities, the organization contributes to enhancing the local economy, attracting new businesses, and supporting existing ones. Their efforts help create jobs, improve infrastructure, and stimulate investment in the region, ultimately leading to a more vibrant and sustainable community. This strategic focus on economic development empowers local residents and businesses, ensuring a stronger future for the Alice and Jim Wells County area.




This information is meant to be a general summary of Alice-Jim Wells County Economic Development 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.

Revenue
$42,434 (2022)
Expenses
$51,584 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34
  • Gross Receipts: $42,434

Assets and Liabilities:

  • Total Assets: $106,578
  • Total Liabilities: $0
  • Net Assets: $106,578

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Organization Details

Founding Year

2000

Principal Officer

Richard Joslin

NTEE Category

Code: S41 - Community improvement

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