Overview
What is Ellis Development Corporation?
Ellis Development Corporation is a nonprofit organization that focuses on investing in property within local communities. They specialize in constructing buildings according to the specifications of their tenants, thereby providing ample opportunities for local residents to secure employment. By facilitating the establishment of businesses within the community, Ellis Development Corporation contributes to the local economy and fosters community development.
Is Ellis Development Corporation legitimate?
Ellis Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ellis Development Corporation submitted a form 990EZ, 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.
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What is the mission statement of Ellis Development Corporation?
Ellis Development Corporation's primary mission involves acquiring property within local communities and constructing buildings according to the specifications of their tenants. The main objective of this process is to facilitate the establishment of businesses within the community. These businesses, in turn, provide employment opportunities for local residents, thereby contributing to the economic growth and development of the community.
What is the revenue of Ellis Development Corporation?
Ellis Development Corporation's revenue in 2024 was $6,740.
Who are the executives of Ellis Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990EZ for Ellis Development Corporation?
Ellis Development Corporation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Mission Statement of Ellis Development Corporation
Ellis Development Corporation, a notable entity, is dedicated to serving its local community by pursuing property acquisitions within the region. Once a property is secured, the corporation proceeds to construct a building tailored to the specifications of its tenants. The primary objective of this process is to facilitate the establishment of businesses within the community. These businesses, housed in the newly constructed building, serve as a vital source of employment opportunities for local residents. By fostering job growth and economic development within the community, Ellis Development Corporation plays a significant role in enhancing the overall well-being of its local populace.
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Impact
October, 2024
Ellis Development Corporation plays a vital role in fostering economic growth within the local community of Ellis, Kansas. By purchasing property and constructing buildings tailored to the specific needs of tenants, the corporation actively contributes to the development of businesses that provide employment opportunities for residents. This initiative not only stimulates job creation but also enhances the overall economic landscape of the community, promoting stability and growth.
Through its commitment to supporting local businesses, Ellis Development Corporation helps to retain talent within the area and encourages community engagement. The presence of new businesses contributes to a vibrant local economy, creating a ripple effect that benefits a wide array of services and sectors. Ultimately, the impact of Ellis Development Corporation extends beyond mere property development; it strengthens the community, uplifts residents, and fosters a thriving environment for local entrepreneurship.
This information is meant to be a general summary of Ellis Development Corporation. 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 2024.
- Investment Income: $6,740
- Gross Receipts: $6,740
Assets and Liabilities:
- Total Assets: $267,272
- Total Liabilities: $10,000
- Net Assets: $257,272
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Organization Details
Principal Officer
Travis Kohlrus
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