Overview
What is Beadle & Spink Enterprise Community?
Beadle & Spink Enterprise Community (BASEC) is a nonprofit organization dedicated to enhancing the economic, educational, and social well-being of its local residents. Established to accept both public and private funds, BASEC operates by employing a diverse range of programs and initiatives. Their primary goal is to stimulate the revitalization of their area, focusing on business development, farm income development, housing development, and housing preservation. To achieve this, BASEC manages a revolving loan fund, funded through grant and loan programs, which serves as a crucial tool in promoting growth and development within their community.
Official website here: www.basec.org
Is Beadle & Spink Enterprise Community legitimate?
Beadle & Spink Enterprise Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beadle & Spink Enterprise Community 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: $66,883
For more financial information, click here
Official website here: www.basec.org
What is the mission statement of Beadle & Spink Enterprise Community?
The Beadle & Spink Enterprise Community, established to accept both public and private funds, is dedicated to improving the economic, educational, and social well-being of its community members. Its primary operation involves utilizing a variety of programs and initiatives to revitalize the area. This is accomplished under the program areas of business development, farm income development, housing development, and housing preservation. The organization maintains a revolving loan fund, funded through grant and loan programs, to support these initiatives.
Official website here: www.basec.org
Who is the CEO of Beadle & Spink Enterprise Community?
Leanne Bawek is the Director of Beadle & Spink Enterprise Community.
Official website here: www.basec.org
What is the revenue of Beadle & Spink Enterprise Community?
Beadle & Spink Enterprise Community's revenue in 2022 was $291,439.
Official website here: www.basec.org
Who are the executives of Beadle & Spink Enterprise Community and what are their salaries?
The average compensation at Beadle & Spink Enterprise Community during 2022 was $16,721. There are 4 employees at Beadle & Spink Enterprise Community.
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Official website here: www.basec.org
Where can I find the form 990 for Beadle & Spink Enterprise Community?
Beadle & Spink Enterprise Community's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.basec.org
Learn more at the official website: www.basec.org
Mission Statement of Beadle & Spink Enterprise Community
Beadle & Spink Enterprise Community, a nonprofit organization, was established with a mission to drive rural economic and community development. Their primary goal is to enhance the economic well-being, educational levels, and social standards of the community's residents. To achieve this, they utilize a broad range of programs and initiatives under the program areas of business development, farm income development, housing development, and housing preservation. One of their key strategies is maintaining a revolving loan fund, funded through grant and loan programs. This fund is instrumental in supporting the revitalization of the community, ultimately contributing to its overall growth and development.
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Impact
October, 2024
Beadle & Spink Enterprise Community (BASEC) significantly enhances the economic landscape and quality of life for residents in its area. Through a comprehensive approach to rural economic and community development,(BASEC) focuses on revitalizing the community by addressing key areas such as business development, farm income development, housing development, and housing preservation.
By accepting both public and private funds, BASEC raises the economic welfare of the region. Their initiatives prioritize education, ensuring that residents have access to resources that elevate educational attainment and social well-being. The organization supports local entrepreneurs and small businesses, fostering a robust environment where economic opportunities can flourish.
BASEC's commitment to housing development and preservation not only enhances living conditions but also promotes community stability and growth. The revolving loan fund serves as a vital resource, allowing access to financial support for various development projects. Overall, BASEC's multifaceted programs and initiatives play a transformative role in uplifting the community, making it a thriving place for residents to live, work, and grow.
This information is meant to be a general summary of Beadle & Spink Enterprise Community. 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: $1,590
- Program Service Revenue: $253,939
- Gross Receipts: $300,314
Assets and Liabilities:
- Total Assets: $6,239,975
- Total Liabilities: $1,028,287
- Net Assets: $5,211,688
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM LOAN
Revenue
$234,364
MISCELLANEOUS INCOME
Revenue
$10,131
MANAGEMENT FEE
Revenue
$9,444
Organization Details
Founding Year
1995
Phone
(605) 635-6165Principal Officer
Leanne Bawek
Main Address
PO BOX 45, DOLAND, SD, 574360405
Website
www.basec.orgNTEE Category
Code: S320 - Community improvement
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