Overview
What is Northwest Nebraska Development Corp?
Northwest Nebraska Development Corp is a nonprofit organization situated in Chadron, Nebraska. Their primary mission is to expand and retain businesses within Chadron and the surrounding Dawes County area. To achieve this goal, they administer various loan programs, such as the Rural Business Enterprise Grants Program (RBEG), the Community Development Block Grant Program (CDBG), and the Intermediary Relending Program (IRP). Through these initiatives, they lend funds to numerous local businesses under these programs. Their aim is to foster economic growth and development in the region, ultimately contributing to the community's prosperity.
Official website here: www.nndc.chadron-nebraska.com
Is Northwest Nebraska Development Corp legitimate?
Northwest Nebraska Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Northwest Nebraska Development Corp 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: $51,856
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nndc.chadron-nebraska.com
What is the mission statement of Northwest Nebraska Development Corp?
The Northwest Nebraska Development Corp's mission is centered around expanding and retaining businesses within its operational area. This organization actively seeks to support businesses in the city and surrounding Dawes County, aiming to foster a thriving economic environment. To achieve this goal, they provide financial assistance through various programs such as the Rural Business Enterprise Grants Program (RBEG), Community Development Block Grant Program (CDBG), and Intermediary Relending Program (IRP). By lending funds to numerous businesses under these programs, the Northwest Nebraska Development Corp plays a significant role in promoting economic growth and stability within its operational jurisdiction.
Official website here: www.nndc.chadron-nebraska.com
Who is the CEO of Northwest Nebraska Development Corp?
Deb Cottier is the Executive Di of Northwest Nebraska Development Corp.
Official website here: www.nndc.chadron-nebraska.com
What is the revenue of Northwest Nebraska Development Corp?
Northwest Nebraska Development Corp's revenue in 2022 was $127,120.
Official website here: www.nndc.chadron-nebraska.com
Who are the executives of Northwest Nebraska Development Corp and what are their salaries?
The average compensation at Northwest Nebraska Development Corp during 2022 was $51,856. There is 1 employee at Northwest Nebraska Development Corp.
Here are 13 key members and their salaries:
- Compensation: $51,856
- 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
- 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.nndc.chadron-nebraska.com
Where can I find the form 990 for Northwest Nebraska Development Corp?
Northwest Nebraska Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nndc.chadron-nebraska.com
Learn more at the official website: www.nndc.chadron-nebraska.com
Mission Statement of Northwest Nebraska Development Corp
Northwest Nebraska Development Corp, as its mission statement implies, is dedicated to promoting the growth and sustainability of businesses within the city of Chadron and the surrounding Dawes County area. To achieve this objective, the organization actively engages in various financial assistance programs. It manages several existing loans to businesses through the Rural Business Enterprise Grants Program (RBEG), the Community Development Block Grant Program (CDBG), and the Intermediary Relending Program (IRP). Beyond loan management, the corporation also extends financial aid to businesses under these same programs. By offering such financial support, Northwest Nebraska Development Corp plays a pivotal role in fostering business expansion and retention in its area of operation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Northwest Nebraska Development Corp significantly impacts the economy of Chadron and the surrounding Dawes County area by focusing on the expansion and retention of local businesses. Through the maintenance of existing loans under various funding programs, such as the Rural Business Enterprise Grants (RBEG) and the Community Development Block Grant (CDBG), the organization ensures that businesses have the necessary financial support to thrive.
Additionally, by lending money to multiple businesses through these programs and the Intermediary Relending Program (IRP), they facilitate growth and stability in the local economy. This strategic approach not only fosters entrepreneurship but also enhances community improvement by creating jobs and improving the overall economic landscape of the region. In summary, Northwest Nebraska Development Corp plays a vital role in nurturing and sustaining the business environment in Chadron and Dawes County, driving economic development forward.
This information is meant to be a general summary of Northwest Nebraska Development Corp. 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: $1,045
- Program Service Revenue: $12,908
- Gross Receipts: $151,308
Assets and Liabilities:
- Total Assets: $791,289
- Total Liabilities: $156,235
- Net Assets: $635,054
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INTEREST INCOME
Revenue
$7,066
PROGRAM ADMIN FEES
Revenue
$5,842
Organization Details
Founding Year
1978
Phone
0308432402Principal Officer
Deb Cottier
Main Address
337 MAIN STREET, CHADRON, NE, 69337
NTEE Category
Code: S30 - Community improvement
If you are a representative of Northwest Nebraska Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.