Logan Economic Alliance For Development Inc

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

EIN: 616032977 ✦ Russellville, KY ✦ Designated as a 501(c)(4)

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Overview

What is Logan Economic Alliance For Development Inc?

Logan Economic Alliance for Development Inc. is a nonprofit organization based in Russellville, Kentucky, specifically located at 116 South Main Street, with a single employee. Their primary mission is to enhance the quality of life in Logan County by promoting job opportunities and fostering a conducive environment for both existing industries and potential new ones. They aim to achieve this by encouraging the development of high-quality infrastructure, an exceptional workforce, and a forward-thinking government. The organization strives to retain and expand existing businesses in the area while also attracting new industries to the region.


Official website here: www.loganleads.com

Is Logan Economic Alliance For Development Inc legitimate?

Logan Economic Alliance For Development Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Logan Economic Alliance For 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,944

For more financial information, click here


Official website here: www.loganleads.com

What is the mission statement of Logan Economic Alliance For Development Inc?

The Logan Economic Alliance for Development Inc. is committed to enhancing the quality of life by promoting job opportunities in Logan County. This is achieved through encouraging the development of high-quality infrastructure, fostering a superior workforce, and advocating for a progressive government. Their mission is also focused on retaining and expanding existing industries in the area, as well as recruiting new industries to the region.


Official website here: www.loganleads.com

What is the revenue of Logan Economic Alliance For Development Inc?

Logan Economic Alliance For Development Inc's revenue in 2023 was $199,390.


Official website here: www.loganleads.com

Who are the executives of Logan Economic Alliance For Development Inc and what are their salaries?

The average compensation at Logan Economic Alliance For Development Inc during 2023 was $38,972. There are 2 employees at Logan Economic Alliance For Development Inc.

Here are 15 key members and their salaries:


Donna Blake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Bouldin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Gates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Holloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ross (Attorney)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Vowell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Wilcutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Chick (2Nd Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Hines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Milam (1St Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Stratton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Kent Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.loganleads.com

Where can I find the form 990 for Logan Economic Alliance For Development Inc?

Logan Economic Alliance For Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.loganleads.com

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

Mission Statement of Logan Economic Alliance For Development Inc

Logan Economic Alliance For Development Inc is committed to enhancing the overall living standards in its operational area by fostering the creation and preservation of employment opportunities. This is achieved through encouraging the development of high-quality infrastructure, nurturing a skilled workforce, and advocating for a progressive government policy. The organization's primary goal is to retain and expand existing businesses within Logan County, while simultaneously attracting new industries to the region. By focusing on these areas, Logan Economic Alliance For Development Inc aims to significantly improve the quality of life for the community it serves.

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Impact




October, 2024

Logan Economic Alliance For Development Inc significantly enhances the quality of life in Logan County by focusing on economic growth and job creation. Its efforts center on the retention and expansion of existing industries while actively recruiting new businesses to the region. This dual approach not only fosters a diverse economic landscape but also promotes job stability for the community.

By encouraging the development of quality infrastructure and a skilled workforce, the Alliance creates an environment conducive to business success. Their work facilitates the alignment of local government policies with economic development goals, ensuring a progressive governmental framework that supports business activities. The impact is evident in increased employment opportunities, a boost in local economy, and overall community improvement, which contributes to a thriving Logan County.




This information is meant to be a general summary of Logan Economic Alliance For 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.

Revenue
$199,390 (2023)
Expenses
$155,185 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,384
  • Program Service Revenue: $169,600
  • Gross Receipts: $199,390

Assets and Liabilities:

  • Total Assets: $396,559
  • Total Liabilities: $1,489
  • Net Assets: $395,070

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Programs

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

IDA MGT & MKT FEE

Revenue

$129,000

CONTRIBUTIONS-GENERAL

Revenue

$40,600

Organization Details

Principal Officer

Brooke Waldrup

NTEE Category

Code: S30 - Community improvement

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