Limestone County Economic Development Assn Inc

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

EIN: 630438905 ✦ Athens, AL ✦ Designated as a 501(c)(6)

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Overview

What is Limestone County Economic Development Assn Inc?

Limestone County Economic Development Assn Inc, based in Athens, Alabama, is a nonprofit organization with a primary mission to foster business and industrial growth in the region of Athens and Limestone County. With a modest workforce of four employees, the association is dedicated to driving economic development and improvement within the community. The organization's activities encompass promoting local businesses and industries, working towards creating a thriving economic landscape for the benefit of the residents.


Official website here: www.lceda.com

Is Limestone County Economic Development Assn Inc legitimate?

Limestone County Economic Development Assn Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Limestone County Economic Development Assn 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: $119,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,034

For more financial information, click here


Official website here: www.lceda.com

What is the mission statement of Limestone County Economic Development Assn Inc?

The Limestone County Economic Development Association Inc, as an organization, is dedicated to promoting the growth of businesses and industrial development within Athens and Limestone County, Alabama. Their primary mission is to foster a conducive environment for businesses to thrive, thereby contributing to the economic development of the region. Through various initiatives, they aim to attract new industries and businesses, as well as support the existing ones, thereby driving economic growth and creating job opportunities. They strive to create a business-friendly atmosphere, providing resources and assistance to businesses to help them succeed. Their activities are geared towards enhancing the overall economic vitality of the area.


Official website here: www.lceda.com

Who is the CEO of Limestone County Economic Development Assn Inc?

Bethany Shockney is the CEO of Limestone County Economic Development Assn Inc The CEO's salary of Limestone County Economic Development Assn Inc is $114,520 and their total compensation is $122,550.


Official website here: www.lceda.com

What is the revenue of Limestone County Economic Development Assn Inc?

Limestone County Economic Development Assn Inc's revenue in 2024 was $466,541.


Official website here: www.lceda.com

Who are the executives of Limestone County Economic Development Assn Inc and what are their salaries?

The average compensation at Limestone County Economic Development Assn Inc during 2024 was $73,883. There are 3 employees at Limestone County Economic Development Assn Inc.

Here are 8 key members and their salaries (Limestone County Economic Development Assn Inc's CEO's salary is $114,520 and their total compensation is $122,550):


Bethany Shockney (Ceo)
  • Compensation: $114,520
  • Related: $0
  • Other: $8,030
Amber Turner (Project Manager)
  • Compensation: $61,680
  • Related: $0
  • Other: $4,110
Blake Williams (Public Relations)
  • Compensation: $50,567
  • Related: $0
  • Other: $3,375
Jason Hennessee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Moore (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Whitworth (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Coblentz (Chairman Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Tidwell (Executive Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lceda.com

Where can I find the form 990 for Limestone County Economic Development Assn Inc?

Limestone County Economic Development Assn Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.lceda.com

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

Mission Statement of Limestone County Economic Development Assn Inc

Limestone County Economic Development Association, Inc., in its mission, is dedicated to fostering business and industrial growth in Athens and Limestone County, Alabama. This nonprofit organization's primary objective is to stimulate economic development within the specified region, aiming to create a prosperous and thriving business environment. By promoting business and industrial development, the association seeks to contribute to the overall economic well-being of the community, ultimately benefiting the residents and local businesses.

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Impact




October, 2024

Limestone County Economic Development Association Inc significantly impacts the local economy by fostering business and industrial development in Athens and Limestone County, Alabama. By attracting new businesses and supporting existing ones, the organization helps to create jobs, increase local investment, and enhance the overall economic vitality of the region.

Their efforts contribute to community improvement by facilitating partnerships between local government, businesses, and community stakeholders, ensuring a collaborative approach to economic growth. The initiatives led by the association not only drive economic expansion but also improve the quality of life for residents through increased employment opportunities and better local services. Overall, their commitment to developing a thriving economic landscape is essential for the prosperity of Athens and Limestone County.




This information is meant to be a general summary of Limestone County Economic Development Assn 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
$466,541 (2024)
Expenses
$430,420 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $21,169
  • Gross Receipts: $466,541

Assets and Liabilities:

  • Total Assets: $431,310
  • Total Liabilities: $8,720
  • Net Assets: $422,590

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Organization Details

Founding Year

1954

Principal Officer

Bethany Shockney

NTEE Category

Code: S30 - Community improvement

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