Overview
What is Wakarusa Valley Development Inc?
Wakarusa Valley Development Inc, based in Lawrence, Kansas, is a small nonprofit organization with three employees. Their primary mission is to aid small businesses in their quest for financing, particularly for expansion projects, with the ultimate goal of generating new job opportunities in the local community. By providing this assistance, the organization contributes to the creation and retention of jobs within its community.
Official website here: www.wakarusavalley.org
Is Wakarusa Valley Development Inc legitimate?
Wakarusa Valley Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wakarusa Valley Development 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: $187,582
Professional Fundraising Fees: $0
Other Salaries and Wages: $136,532
For more financial information, click here
Official website here: www.wakarusavalley.org
What is the mission statement of Wakarusa Valley Development Inc?
Wakarusa Valley Development Inc's mission is centered around assisting in the creation and retention of jobs within a community. They achieve this by providing assistance to small businesses in their quest for financing, specifically for expansion activities that result in the creation of new employment opportunities within the community. This organization plays a significant role in fostering economic growth and job stability within the community it serves.
Official website here: www.wakarusavalley.org
Who is the CEO of Wakarusa Valley Development Inc?
David Clark is the President of Wakarusa Valley Development Inc.
Official website here: www.wakarusavalley.org
What is the revenue of Wakarusa Valley Development Inc?
Wakarusa Valley Development Inc's revenue in 2022 was $523,545.
Official website here: www.wakarusavalley.org
Who are the executives of Wakarusa Valley Development Inc and what are their salaries?
The average compensation at Wakarusa Valley Development Inc during 2022 was $108,038. There are 3 employees and 9 volunteers at Wakarusa Valley Development Inc.
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- Compensation: $187,582
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Official website here: www.wakarusavalley.org
Where can I find the form 990 for Wakarusa Valley Development Inc?
Wakarusa Valley Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wakarusavalley.org
Learn more at the official website: www.wakarusavalley.org
Mission Statement of Wakarusa Valley Development Inc
Wakarusa Valley Development Inc, a nonprofit organization, is dedicated to supporting the creation and retention of jobs within the community. Their mission is to provide assistance to small businesses in need of financing for expansion activities. These expansion projects aim to generate new employment opportunities within the community, thereby contributing to its economic growth and development. By offering financial aid to these businesses, Wakarusa Valley Development Inc plays a crucial role in fostering a thriving local economy and providing employment opportunities for community members.
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Impact
October, 2024
Wakarusa Valley Development Inc significantly contributes to the economic growth of the Lawrence, KS area by focusing on job creation and retention. By providing assistance to small businesses seeking financing for expansion, the organization plays a critical role in fostering a supportive environment for local entrepreneurship. This support not only helps businesses grow but also leads to the creation of new job opportunities within the community. The emphasis on community improvement enhances the overall quality of life for residents, making Wakarusa Valley Development Inc a vital player in the local economy.
This information is meant to be a general summary of Wakarusa Valley Development 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: $1,534
- Program Service Revenue: $467,865
- Gross Receipts: $523,545
Assets and Liabilities:
- Total Assets: $694,582
- Total Liabilities: $36,902
- Net Assets: $657,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PACKAGING AND CLOSING FEES
Revenue
$264,671
SERVICING FEES
Revenue
$203,194
Organization Details
Founding Year
1986
Phone
(785) 749-7600Principal Officer
David Clark
Main Address
4824 QUAIL CREST PL STE D, LAWRENCE, KS, 66049
Website
www.wakarusavalley.orgNTEE Category
Code: S30 - Community improvement
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