Overview
What is El Dorado Inc?
El Dorado Inc, based in El Dorado, Kansas, is a nonprofit organization with a mission to catalyze economic opportunities in the community. They strive to promote and assist the growth, retention, and development of businesses in the area, leading to increased employment, payroll, business volume, and housing starts. The organization serves as a catalyst, fostering an environment that improves the quality of life for the residents of El Dorado. With a small team of two dedicated individuals, El Dorado Inc actively works towards stimulating economic growth and development in their community.
Official website here: www.eldoks.com/298/el-dorado-inc
Is El Dorado Inc legitimate?
El Dorado Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. El Dorado 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: $83,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,000
For more financial information, click here
Official website here: www.eldoks.com/298/el-dorado-inc
What is the mission statement of El Dorado Inc?
El Dorado Inc serves as a catalyst to stimulate economic opportunities for both new and existing businesses and industries in the community. Their mission is to promote ventures and activities that enhance the quality of life in the community. The organization works towards furthering community economic development by assisting in the growth, retention, and development of business concerns, leading to increased employment, payroll, business volume, housing starts, and similar factors.
Official website here: www.eldoks.com/298/el-dorado-inc
Who is the CEO of El Dorado Inc?
Sarah Hoefgen is the Principal Officer of El Dorado Inc.
Official website here: www.eldoks.com/298/el-dorado-inc
What is the revenue of El Dorado Inc?
El Dorado Inc's revenue in 2022 was $281,941.
Official website here: www.eldoks.com/298/el-dorado-inc
Who are the executives of El Dorado Inc and what are their salaries?
The average compensation at El Dorado Inc during 2022 was $66,500. There are 2 employees and 33 volunteers at El Dorado Inc.
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Official website here: www.eldoks.com/298/el-dorado-inc
Where can I find the form 990 for El Dorado Inc?
El Dorado Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eldoks.com/298/el-dorado-inc
Learn more at the official website: www.eldoks.com/298/el-dorado-inc
Mission Statement of El Dorado Inc
El Dorado Inc, as a catalyst, stimulates economic opportunities within its community. Its mission is to foster economic growth for both new and established businesses and industries in the area. By promoting ventures and activities, El Dorado Inc aims to enhance the quality of life in the community. The organization actively works towards increasing employment, payroll, business volume, and housing starts, among other factors, to drive economic development within the El Dorado area and its surroundings.
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Impact
October, 2024
El Dorado Inc plays a pivotal role in stimulating economic opportunities within the El Dorado community. By focusing on community economic development, it actively promotes the growth, retention, and development of businesses, which leads to increased employment and payroll within the area. This focus not only helps to elevate business volume but also encourages housing starts, ultimately contributing to a thriving community.
The organization's efforts to serve as a catalyst for new and existing businesses foster a vibrant economic landscape, enhancing the quality of life for residents. Through various initiatives, El Dorado Inc supports ventures that lead to sustainable economic growth, creating a ripple effect that benefits the entire community. Its work ensures that both small and large enterprises have the resources and support they need to flourish, thereby strengthening the local economy and improving the overall well-being of its residents.
This information is meant to be a general summary of El Dorado 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: $885
- Gross Receipts: $281,941
Assets and Liabilities:
- Total Assets: $502,374
- Total Liabilities: $3,700
- Net Assets: $498,674
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Organization Details
Founding Year
1984
Phone
(316) 321-1485Principal Officer
Sarah Hoefgen
Main Address
PO BOX 350, EL DORADO, KS, 67042
NTEE Category
Code: S31 - Community improvement
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