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Phelps County Development Corp

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

EIN: 470814669 ✦ Holdege, NE ✦ Designated as a 501(c)(6)

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Overview

What is Phelps County Development Corp?

Phelps County Development Corp is a nonprofit organization situated in Holdridge, Nebraska. Their primary mission is to foster business retention and stimulate economic growth within Phelps County, all while maintaining a high quality of life for the community's residents. With a team of three dedicated individuals, this organization actively works towards promoting economic development and preserving the well-being of the region.


Official website here: www.phelpscountyne.com

Is Phelps County Development Corp legitimate?

Phelps County Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Phelps County 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: $109,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,791

For more financial information, click here


Official website here: www.phelpscountyne.com

What is the mission statement of Phelps County Development Corp?

The Phelps County Development Corp, as an organization, is dedicated to encouraging business retention and fostering economic development. This mission is carried out with a focus on preserving the quality of life within the County. Essentially, their goal is to maintain a thriving economic landscape while ensuring the community's well-being remains at the forefront. They work towards this by promoting business growth and retention, thereby contributing to the County's overall development.


Official website here: www.phelpscountyne.com

Who is the CEO of Phelps County Development Corp?

Phil Hinrichs is the President of Phelps County Development Corp.


Official website here: www.phelpscountyne.com

What is the revenue of Phelps County Development Corp?

Phelps County Development Corp's revenue in 2022 was $1,104,308.


Official website here: www.phelpscountyne.com

Who are the executives of Phelps County Development Corp and what are their salaries?

The average compensation at Phelps County Development Corp during 2022 was $65,472. There are 3 employees at Phelps County Development Corp.


Here are 19 key members and their salaries:


Ron Tillery (Executive Di)
  • Compensation: $109,626
  • Related: $0
  • Other: $0
Janet Boehler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Bouware (Ex-Officio M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Dewald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Engelbert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Ericksen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Gregg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Hinrichs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Hinze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Ludeke (Ex-Offcio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reed Mcclymont (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mcquillan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Moon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Nutt (Ex-Officio M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mj Pristavec (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Rector (Ex-Offcio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rehm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Westcott (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phelpscountyne.com

Where can I find the form 990 for Phelps County Development Corp?

Phelps County Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.phelpscountyne.com

Learn more at the official website: www.phelpscountyne.com

Mission Statement of Phelps County Development Corp

Phelps County Development Corp, a nonprofit organization, is dedicated to fostering business retention and stimulating economic growth in Phelps County, Nebraska. Their mission is multifaceted, aiming to not only retain existing businesses but also promote economic development. Moreover, they are committed to preserving the quality of life in the county, ensuring a balanced approach between economic growth and community well-being. This mission reflects Phelps County Development Corp's dedication to the long-term success and sustainability of the county's economy and its residents.

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Impact




October, 2024

Phelps County Development Corp plays a crucial role in enhancing the economic landscape of Phelps County, Nebraska. By focusing on business retention and promoting economic development, the organization contributes significantly to the growth of local enterprises and job creation. This, in turn, strengthens the community's economic foundation.

Moreover, the Corp is dedicated to maintaining and improving the quality of life in the region. Its efforts help ensure that residents enjoy a thriving community with sustainable economic opportunities. Through initiatives aimed at encouraging businesses to thrive, Phelps County Development Corp fosters a vibrant environment where both new and existing businesses can succeed while enriching the overall community experience.




This information is meant to be a general summary of Phelps County 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.

Revenue
$1,104,308 (2022)
Expenses
$734,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,321
  • Program Service Revenue: $30,495
  • Gross Receipts: $1,104,308

Assets and Liabilities:

  • Total Assets: $3,831,194
  • Total Liabilities: $212,836
  • Net Assets: $3,618,358

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Programs

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

LEASE INCOME

Revenue

$30,495

Organization Details

Founding Year

1998

Principal Officer

Phil Hinrichs

Main Address

PO BOX 522, HOLDEGE, NE, 68949

NTEE Category

Code: S30 - Community improvement

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