Overview
What is Stafford County Economic Development Inc?
Stafford County Economic Development Inc, located in St. John, Kansas (67576), functions as a charitable, educational, and literary nonprofit organization. Their primary mission is to foster economic growth and population expansion within the county. They achieve this by supporting local businesses, engaging in community activities, and promoting Stafford County as an attractive location for living, working, and leisure. One of their recent projects includes the construction and maintenance of an affordable and convenient grocery store in St. John, which aims to cater to the needs of the local community and its surroundings. The organization operates with a small workforce of 4 individuals.
Official website here: www.staffordecodevo.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Stafford County Economic Development Inc has received an impressive score of 96%, reflecting strong performance in accountability and finance. This rating signifies that the organization effectively manages its resources and adheres to high standards of transparency. The perfect score of 100% for accountability practices, including independent board members and thorough oversight, further emphasizes its commitment to ethical governance.
The organization boasts a robust financial profile, demonstrated by a program expense ratio of 86.57%, indicating that a significant portion of its budget is allocated toward fulfilling its mission. Additionally, Stafford County Economic Development Inc maintains a commendable liabilities to assets ratio of 37.14%, suggesting a solid financial foundation. The presence of essential policies, such as conflict of interest and whistleblower protections, showcases its dedication to maintaining integrity and trust.
While the organization excels in its financial and governance practices, continuous monitoring of its operational effectiveness and impact on the community would be beneficial. Overall, the high rating and comprehensive policies position Stafford County Economic Development Inc as a well-managed nonprofit dedicated to its economic development objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Stafford County Economic Development Inc legitimate?
Stafford County Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stafford County Economic 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: $54,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,837
For more financial information, click here
Official website here: www.staffordecodevo.com
What is the mission statement of Stafford County Economic Development Inc?
Stafford County Economic Development Inc's mission is primarily focused on promoting economic and population growth within the county. They achieve this by providing assistance to local businesses, engaging in community activities, and advocating for Stafford County as an attractive location for living, working, and leisure. In addition to their direct activities, Stafford County Economic Development Inc operates as a charitable organization, making distributions and grants to other exempt organizations, as per the guidelines set by Section 501(C)(3) of the Internal Revenue Code or its future equivalents.
Official website here: www.staffordecodevo.com
Who is the CEO of Stafford County Economic Development Inc?
Jeff Barney is the Executive Di of Stafford County Economic Development Inc.
Official website here: www.staffordecodevo.com
What is the revenue of Stafford County Economic Development Inc?
Stafford County Economic Development Inc's revenue in 2022 was $1,067,232.
Official website here: www.staffordecodevo.com
Who are the executives of Stafford County Economic Development Inc and what are their salaries?
The average compensation at Stafford County Economic Development Inc during 2022 was $29,584. There are 4 employees and 40 volunteers at Stafford County Economic Development Inc.
Here are 8 key members and their salaries:
- Compensation: $54,500
- Related: $0
- Other: $1,635
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.staffordecodevo.com
Where can I find the form 990 for Stafford County Economic Development Inc?
Stafford County Economic Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.staffordecodevo.com
Learn more at the official website: www.staffordecodevo.com
Mission Statement of Stafford County Economic Development Inc
Stafford County Economic Development Inc, as a charitable organization, is committed to operating solely and exclusively for scientific, literary, and educational purposes, as defined under Section 501(c)(3) of the Internal Revenue Code. This nonprofit organization seeks to fulfill its mission by making distributions and grants to other exempt organizations that fall under the same category, or a corresponding section of any future tax code. In essence, Stafford County Economic Development Inc aims to promote economic growth and population expansion in its local community by providing assistance to businesses, engaging in community activities, and marketing Stafford County as an appealing place for individuals to live, work, and enjoy leisure time.
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Impact
July, 2024
Stafford County Economic Development Inc's impact can be seen through its efforts to promote economic and population growth throughout the county. By assisting local businesses, engaging in community activities, and promoting Stafford County as a great place to live, work, and play, the organization plays a vital role in the development of the region. One notable project undertaken by Stafford County Economic Development Inc is the construction and maintenance of a grocery store in St. John. This initiative aims to provide the local community and surrounding area with a grocery store that is affordable and convenient, meeting the needs of the citizens of Stafford County. Through its focus on community improvement and fostering economic opportunities, Stafford County Economic Development Inc is making a positive impact on the area it serves.
This information is meant to be a general summary of Stafford County Economic 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 2022.
- Investment Income: -$1,922
- Program Service Revenue: $298,955
- Gross Receipts: $1,071,407
Assets and Liabilities:
- Total Assets: $5,447,418
- Total Liabilities: $2,023,357
- Net Assets: $3,424,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROCERY STORE INCOME
Revenue
$242,584
HOUSING RENTS & OTHER INCOME
Revenue
$40,391
BUSINESS INCUBATOR
Revenue
$15,216
PROCESSING INCOME
Revenue
$438
MISC INCOME
Revenue
$326
Organization Details
Founding Year
2011
Phone
(620) 549-3527Principal Officer
Jeff Barney
Main Address
311 N BROADWAY, ST JOHN, KS, 67576
Website
www.staffordecodevo.comNTEE Category
Code: S30 - Community improvement
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