Overview
What is Economic Development Council Of Buffalo County Inc?
The Economic Development Council of Buffalo County Inc, located in Kearney, Nebraska, serves as a vital nonprofit organization dedicated to fostering prosperity in the region. Their primary mission is to stimulate economic growth by providing financial assistance, primarily through direct grants and short-term loans, to local organizations. These organizations then utilize these resources for projects that create employment opportunities, provide job training, and enhance education within the community. By encouraging business revenue circulation within the area, the council contributes to the overall development and prosperity of Buffalo County, particularly in Kearney, Nebraska. The council has a small team of three dedicated professionals working towards this mission.
Official website here: www.edcbc.com
Is Economic Development Council Of Buffalo County Inc legitimate?
Economic Development Council Of Buffalo County Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Council Of Buffalo County 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: $105,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,766
For more financial information, click here
Official website here: www.edcbc.com
What is the mission statement of Economic Development Council Of Buffalo County Inc?
The Economic Development Council of Buffalo County Inc's primary mission is centered around promoting prosperous development for a broader community. This organization aims to foster meaningful growth, not just for a specific city, but for the entire Buffalo County in Nebraska. To achieve this, they provide financial assistance in the form of grants and short-term loans to organizations that contribute to the region's development. This support leads to the creation of job opportunities, job training, and education. Additionally, the council's activities help circulate business revenues within the area, thereby stimulating the local economy.
Official website here: www.edcbc.com
Who is the CEO of Economic Development Council Of Buffalo County Inc?
Trevor Lee is the President of Economic Development Council Of Buffalo County Inc.
Official website here: www.edcbc.com
What is the revenue of Economic Development Council Of Buffalo County Inc?
Economic Development Council Of Buffalo County Inc's revenue in 2022 was $766,326.
Official website here: www.edcbc.com
Who are the executives of Economic Development Council Of Buffalo County Inc and what are their salaries?
The average compensation at Economic Development Council Of Buffalo County Inc during 2022 was $48,073. There are 3 employees at Economic Development Council Of Buffalo County Inc.
Here are 15 key members and their salaries:
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Official website here: www.edcbc.com
Where can I find the form 990 for Economic Development Council Of Buffalo County Inc?
Economic Development Council Of Buffalo County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edcbc.com
Learn more at the official website: www.edcbc.com
Mission Statement of Economic Development Council Of Buffalo County Inc
The Economic Development Council of Buffalo County Inc is committed to fostering meaningful and prosperous development for its community. Their primary mission is to promote economic growth in the region, achieving this goal by providing funding, primarily in the form of direct grants and short-term loans, to organizations that contribute to the creation of jobs, job training, and education. This, in turn, helps circulate business revenues within the area, ultimately benefiting the community as a whole.
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Impact
October, 2024
The Economic Development Council of Buffalo County Inc. plays a vital role in fostering growth and prosperity in Kearney and the broader Buffalo County area. By focusing on meaningful and sustainable development, the Council aims to enhance the economic landscape through strategic initiatives.
One of the key impacts of the Council is its provision of funding, primarily through direct grants and short-term loans. This financial support empowers local organizations to undertake development projects that create jobs and enhance job training and education opportunities. As a result, the community sees an influx of business revenues, stimulating economic activity and reinforcing the local economy.
Through its efforts, the Council helps strengthen the region’s workforce and encourages entrepreneurship, which are essential for long-term economic health. By promoting collaboration among stakeholders—businesses, educational institutions, and government entities—the Economic Development Council fosters an environment conducive to growth and innovation. Overall, its influence is felt through improved job prospects, increased educational opportunities, and the enhancement of the quality of life in Buffalo County.
This information is meant to be a general summary of Economic Development Council Of Buffalo County 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: $2,913
- Program Service Revenue: $4,323
- Gross Receipts: $766,326
Assets and Liabilities:
- Total Assets: $2,798,712
- Total Liabilities: $20,773
- Net Assets: $2,777,939
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING LOANS INT
Revenue
$3,600
NDO INT
Revenue
$683
INVESTOR LOAN INT
Revenue
$33
CDBG REPAY INT
Revenue
$7
Organization Details
Founding Year
1986
Phone
(308) 237-9346Principal Officer
Trevor Lee
Main Address
PO BOX 607, KEARNEY, NE, 68848
Website
www.edcbc.comNTEE Category
Code: S20 - Community improvement
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