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Bristol Area Development

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

EIN: 460335549 ✦ Bristol, SD ✦ Designated as a 501(c)(3)

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Overview

What is Bristol Area Development?

Bristol Area Development is a nonprofit organization situated in Bristol, South Dakota, dedicated to fostering economic growth in the town. Their primary mission is to support the local community, and they demonstrate this commitment in various ways. One of their initiatives involves providing a budget-friendly gathering space for the Bristol Community Club, enabling them to host fundraising events like the Stop-n-Shop day at no additional cost. Additionally, the organization offers affordable exercise and walking facilities for community members, accessible through membership dues, without charging them extra. By offering these amenities, Bristol Area Development aims to contribute positively to the well-being and vitality of its hometown.

Is Bristol Area Development legitimate?

Bristol Area Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bristol Area Development submitted a form 990EZ, 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.

What is the mission statement of Bristol Area Development?

Bristol Area Development, as an organization, is committed to fostering economic development in its community. Its mission is to support the growth and prosperity of the town, without specifying a particular location. One of their initiatives involves offering a low-cost gathering space to the Bristol Community Club for their fundraising events, at no additional cost to the club. They also provide a space for community members to engage in exercise and walking activities, accessible through membership dues, without imposing any additional charges. Overall, Bristol Area Development's role is to contribute positively to the economic well-being of its community.

Who is the CEO of Bristol Area Development?

Gerald Anderson is the President of Bristol Area Development.

What is the revenue of Bristol Area Development?

Bristol Area Development's revenue in 2022 was $9,993.

Who are the executives of Bristol Area Development and what are their salaries?


Here are 4 key members and their salaries:


Gerald Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Stolsmark (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Bristol Area Development?

Bristol Area Development's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Bristol Area Development

Bristol Area Development, as a nonprofit organization, is committed to fostering economic growth in the town of Bristol. Its mission is to provide support that enables the local community to thrive. One of the ways Bristol Area Development achieves this is by offering a low-cost gathering space to the Bristol Community Club for their fundraising events, such as the Stop-n-Shop day, at no additional cost to the club.

Beyond this, Bristol Area Development also provides a space for community members to engage in physical activities, including exercise and walking. Access to this facility is made available through membership dues, and the organization ensures that the cost remains affordable for the community members, ensuring that everyone can participate without financial burden. In essence, Bristol Area Development plays a pivotal role in enhancing the community's well-being and fostering a sense of unity and engagement among its residents.

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Impact




August, 2024

Bristol Area Development's impact can be seen in the economic development and community improvement efforts in Bristol, SD. The organization provides a low-cost gathering space for the Bristol Community Club to host events like Stop-n-Shop days, which serve as fundraisers for the community. This support is provided at no cost to the club, helping them raise funds and strengthen community ties.

Additionally, Bristol Area Development offers space for exercise and walking, accessible to community members through membership dues. This provides a valuable resource for residents to stay active and healthy, contributing to the overall well-being of the community. These initiatives showcase the organization's commitment to promoting economic development and enhancing the quality of life in Bristol.




This information is meant to be a general summary of Bristol Area Development. 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
$9,993 (2022)
Expenses
$14,106 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28
  • Gross Receipts: $9,993

Assets and Liabilities:

  • Total Assets: $23,953
  • Total Liabilities: $0
  • Net Assets: $23,953

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Organization Details

Principal Officer

Gerald Anderson

Main Address

P O Box 184, Bristol, SD, 57219

NTEE Category

Code: S20 - Community improvement

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