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Economic Development Properties Inc

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

EIN: 611105122 ✦ Owensboro, KY ✦ Designated as a 501(c)(6)

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Overview

What is Economic Development Properties Inc?

Economic Development Properties Inc is a nonprofit organization that plays a pivotal role in managing properties belonging to the city, county, and an industrial foundation. Their primary objective is to foster economic growth by overseeing these properties. By doing so, they contribute to the overall development of their respective communities. While the information provided does not detail specific programs or initiatives, it is clear that Economic Development Properties Inc serves as a catalyst for economic advancement through property management.


Official website here: www.owensboro.com

Is Economic Development Properties Inc legitimate?

Economic Development Properties Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Properties 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


Official website here: www.owensboro.com

What is the mission statement of Economic Development Properties Inc?

Economic Development Properties Inc, in its mission, manages properties owned by the city, county, and industrial foundation with the primary goal of fostering economic growth. By overseeing these properties, the organization aims to contribute positively to the local economy. The mission of Economic Development Properties Inc is to encourage business development and economic prosperity through the management of its properties. The organization's activities may include attracting new businesses, supporting existing ones, and promoting overall economic growth in the community. By managing these properties effectively, Economic Development Properties Inc plays a crucial role in driving economic development.


Official website here: www.owensboro.com

Who is the CEO of Economic Development Properties Inc?

Brittaney Johnson is the President of Economic Development Properties Inc.


Official website here: www.owensboro.com

What is the revenue of Economic Development Properties Inc?

Economic Development Properties Inc's revenue in 2022 was $32,275.


Official website here: www.owensboro.com

Who are the executives of Economic Development Properties Inc and what are their salaries?


Here are 4 key members and their salaries:


Tom Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Stanley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Mattingly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittaney Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.owensboro.com

Where can I find the form 990 for Economic Development Properties Inc?

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


Official website here: www.owensboro.com

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

Mission Statement of Economic Development Properties Inc

Economic Development Properties Inc, a management organization, is entrusted with overseeing properties that belong to the City, County, and Industrial Foundation. Their mission, in simple terms, is to foster economic growth. By managing these properties effectively, Economic Development Properties Inc aims to stimulate economic development, contributing to the overall prosperity of the communities they serve. Their role is pivotal in ensuring that these properties are utilized in a manner that positively impacts the local economy.

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Impact




October, 2024

Economic Development Properties Inc plays a crucial role in fostering economic growth in Owensboro, KY, by managing properties owned by the city, county, and industrial foundation. Through strategic oversight and management of these properties, the organization creates an environment conducive to business development, attracting new investments, and supporting local enterprises. This, in turn, enhances job creation and boosts the local economy.

By focusing on the effective use of land and properties, Economic Development Properties Inc contributes to community improvement initiatives, ensuring that available resources are utilized efficiently to stimulate economic activity. The organization's efforts help develop infrastructure that supports both current businesses and potential new ventures, reinforcing Owensboro's economic landscape. Overall, Economic Development Properties Inc serves as a catalyst for sustainable economic growth and community revitalization.




This information is meant to be a general summary of Economic Development Properties 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
$32,275 (2022)
Expenses
$44,319 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Gross Receipts: $32,275

Assets and Liabilities:

  • Total Assets: $125,767
  • Total Liabilities: $9,545
  • Net Assets: $116,222

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Organization Details

Founding Year

1986

Principal Officer

Brittaney Johnson

Main Address

200 EAST 3RD STREET, OWENSBORO, KY, 42303

NTEE Category

Code: S31Z - Community improvement

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