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Centerville Development Corporation

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

EIN: 460315601 ✦ Centerville, SD ✦ Designated as a 501(c)(3)

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Overview

What is Centerville Development Corporation?

Centerville Development Corporation is a dedicated nonprofit organization located in Centerville, South Dakota, with its headquarters at 741 Main Street. Their primary mission involves promoting, supporting, and encouraging the growth and development of businesses in the city. In addition, they strive to enhance the quality of affordable housing for Centerville's citizens. Furthermore, the corporation is committed to identifying, recruiting, and training future community leaders, contributing to Centerville's overall development and prosperity.


Official website here: www.centervillesd.com/economic-develop

Is Centerville Development Corporation legitimate?

Centerville Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centerville Development Corporation 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


Official website here: www.centervillesd.com/economic-develop

What is the mission statement of Centerville Development Corporation?

The Centerville Development Corporation's mission is focused on two primary objectives. Firstly, it aims to foster and stimulate the expansion of businesses within its sphere. Secondly, it aspires to enhance the quality of affordable housing for its community's residents. Moreover, the organization also dedicates resources to identifying, recruiting, and training future leaders. In essence, Centerville Development Corporation is committed to driving business growth, improving housing standards, and nurturing future leaders.


Official website here: www.centervillesd.com/economic-develop

Who is the CEO of Centerville Development Corporation?

Laura Hybertson is the Director of Centerville Development Corporation.


Official website here: www.centervillesd.com/economic-develop

What is the revenue of Centerville Development Corporation?

Centerville Development Corporation's revenue in 2022 was $131,416.


Official website here: www.centervillesd.com/economic-develop

Who are the executives of Centerville Development Corporation and what are their salaries?


Here are 8 key members and their salaries:


Adam Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Krebs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Reif (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Rist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Hybertson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jen Knudson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Limoges (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Preheim (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centervillesd.com/economic-develop

Where can I find the form 990 for Centerville Development Corporation?

Centerville Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centervillesd.com/economic-develop

Learn more at the official website: www.centervillesd.com/economic-develop

Mission Statement of Centerville Development Corporation

Centerville Development Corporation, a dedicated nonprofit organization, is committed to promoting, supporting, and encouraging the growth and development of businesses within its realm. This mission extends beyond merely fostering business growth; it also involves improving the quality of affordable housing for the citizens of the community. Furthermore, the corporation identifies, recruits, and trains future leaders, aiming to nurture a new generation of community advocates and entrepreneurs. By focusing on these three key areas, Centerville Development Corporation strives to contribute positively to the overall development and well-being of the community it serves.

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Impact




October, 2024

Centerville Development Corporation significantly impacts the community by fostering local business growth and enhancing the quality of affordable housing. By actively promoting and supporting economic development, it helps to create a vibrant business environment that attracts new enterprises and nurtures existing ones. This not only boosts the local economy but also provides residents with more employment opportunities.

Additionally, the organization focuses on improving affordable housing, ensuring that community members have access to quality living conditions. This commitment plays a vital role in enhancing the overall quality of life for citizens in Centerville.

Furthermore, by identifying, recruiting, and training future leaders, the corporation is building a pipeline of talent that will drive the community forward. This emphasis on leadership development ensures that the community has the necessary skills and vision to address its challenges and seize opportunities, fostering a strong and sustainable future for Centerville.




This information is meant to be a general summary of Centerville Development Corporation. 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
$131,416 (2022)
Expenses
$186,469 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $90,568
  • Program Service Revenue: $11,636
  • Gross Receipts: $131,416

Assets and Liabilities:

  • Total Assets: $6,946,401
  • Total Liabilities: $1,633,801
  • Net Assets: $5,312,600

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER INCOME

Revenue

$11,636

Organization Details

Founding Year

2010

Principal Officer

Laura Hybertson

Main Address

741 MAIN STREET, CENTERVILLE, SD, 57104

NTEE Category

Code: S20 - Community improvement

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