Bell Co Economic Development Fdtn Inc

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

EIN: 611101518 ✦ Middlesboro, KY ✦ Designated as a 501(c)(4)

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Overview

What is Bell Co Economic Development Fdtn Inc?

Bell Co Economic Development Fdtn Inc is a nonprofit organization situated in Middlesboro, Kentucky. Their primary mission is to stimulate business and economic growth within Bell County, Kentucky. By offering services, they have directly benefited two local businesses. Their ultimate objective is to encourage the establishment of new corporations within the county, thereby contributing to its overall economic development.

Is Bell Co Economic Development Fdtn Inc legitimate?

Bell Co Economic Development Fdtn Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bell Co Economic Development Fdtn 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bell Co Economic Development Fdtn Inc?

The Bell County Economic Development Foundation Inc's mission is centered around fostering business and economic growth. This organization aims to achieve this goal by attracting new corporations to establish facilities within their purview. Their activities are primarily geared towards promoting and facilitating economic development, as evidenced by the direct benefits two businesses have experienced from their services.

Who is the CEO of Bell Co Economic Development Fdtn Inc?

Paul Bryant is the President of Bell Co Economic Development Fdtn Inc.

What is the revenue of Bell Co Economic Development Fdtn Inc?

Bell Co Economic Development Fdtn Inc's revenue in 2022 was $259,303.

Who are the executives of Bell Co Economic Development Fdtn Inc and what are their salaries?


Here are 12 key members and their salaries:


Dr Vic Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bryant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Grandey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Steele (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Gilley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Famer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathon Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Bingham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Harris (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boone Bowling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bell Co Economic Development Fdtn Inc?

Bell Co Economic Development Fdtn Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bell Co Economic Development Fdtn Inc

Bell Co Economic Development Foundation Inc is committed to fostering business and economic growth in Bell County, Kentucky. Their primary objective is to attract new corporations to establish facilities within the county. This nonprofit organization seeks to stimulate economic development and create a conducive environment for businesses to thrive, ultimately benefiting the local community. Two businesses have directly benefited from the services provided by this foundation, underscoring its effectiveness in achieving its mission.

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Impact




October, 2024

Bell Co Economic Development Fdtn Inc plays a pivotal role in enhancing the business landscape and fostering economic growth in Bell County, Kentucky. By promoting business initiatives, the organization aims to attract new corporations to establish facilities within the area, thereby stimulating local employment opportunities and economic vitality.

The foundation directly benefits local businesses by providing resources and support, which can lead to increased competitiveness and sustainability. This strategic focus not only aids existing enterprises but also creates an inviting environment for new investments, contributing to a more robust economic framework in the region.

In summary, the impact of Bell Co Economic Development Fdtn Inc is evident in its commitment to community improvement and the development of a diverse economic base, ultimately elevating the quality of life for residents in Bell County.




This information is meant to be a general summary of Bell Co Economic Development Fdtn 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.

Revenue
$259,303 (2022)
Expenses
$115,663 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $692
  • Program Service Revenue: $255,611
  • Gross Receipts: $259,303

Assets and Liabilities:

  • Total Assets: $2,275,191
  • Total Liabilities: $0
  • Net Assets: $2,275,191

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Programs

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

REIMBURSEMENTS

Revenue

$255,611

Organization Details

Founding Year

1986

Principal Officer

Paul Bryant

Main Address

PO BOX 185, MIDDLESBORO, KY, 409650788

NTEE Category

Code: S30 - Community improvement

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