Overview
What is Desoto County Economic Development Council Inc?
Desoto County Economic Development Council Inc is a nonprofit organization situated in Southaven, Mississippi, with an address at 4716 Pepper Chase Drive, 38671. Their primary mission is to foster growth and development in Desoto County by attracting and supporting new businesses and industries. They achieved significant success, contributing to the addition of 7 new companies and the expansion of 10 existing industries in the county. The council also collaborated with local educational institutions to establish a Career Tech Center in Olive Branch, aimed at promoting job creation and providing training programs tailored to the county's evolving needs. With a dedicated workforce of six employees, the Desoto County Economic Development Council plays a crucial role in driving economic progress in the area.
Official website here: www.desotocounty.com
Is Desoto County Economic Development Council Inc legitimate?
Desoto County Economic Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Desoto County Economic Development Council 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: $489,816
For more financial information, click here
Official website here: www.desotocounty.com
What is the mission statement of Desoto County Economic Development Council Inc?
The Desoto County Economic Development Council's primary mission is to foster the growth and expansion of industry, businesses, and trade within the county. They achieve this by developing, coordinating, and recruiting new and existing entities. Additionally, the council played a significant role in an education-industry partnership that established a Career Tech Center in Olive Branch. This center was designed to stimulate job creation and offer training programs to cater to the county's evolving needs.
Official website here: www.desotocounty.com
What is the revenue of Desoto County Economic Development Council Inc?
Desoto County Economic Development Council Inc's revenue in 2023 was $972,815.
Official website here: www.desotocounty.com
Who are the executives of Desoto County Economic Development Council Inc and what are their salaries?
The average compensation at Desoto County Economic Development Council Inc during 2023 was $81,636. There are 6 employees at Desoto County Economic Development Council Inc.
Here are 48 key members and their salaries:
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- Compensation: $299,050
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Official website here: www.desotocounty.com
Where can I find the form 990 for Desoto County Economic Development Council Inc?
Desoto County Economic Development Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.desotocounty.com
Learn more at the official website: www.desotocounty.com
Mission Statement of Desoto County Economic Development Council Inc
The Desoto County Economic Development Council Inc's primary mission is centered around promoting growth in the county's industrial, business, and trade sectors. This nonprofit organization is dedicated to developing, coordinating, and recruiting new and expanding industries, businesses, and trade within Desoto County. In addition to its primary role, Desoto County Economic Development Council Inc was also involved in an education-industry partnership that led to the creation of a new Career Tech Center in Olive Branch. This center was established to foster job creation and offer training programs tailored to meet the evolving needs of the county. By doing so, the council aims to contribute to the county's economic development and improve its overall prosperity.
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Impact
October, 2024
Desoto County Economic Development Council Inc plays a crucial role in fostering economic growth and sustainability in Desoto County. By developing, coordinating, and recruiting new and expanded industry, business, and trade, the Council has significantly contributed to the region's economic landscape.
In recent years, the Council has been instrumental in attracting seven new companies to Desoto County and facilitating the expansion of ten existing industries, which not only boosts local employment but also enhances the community’s economic vitality.
Additionally, the Council's involvement in a partnership between education and industry led to the establishment of a new career tech center in Olive Branch. This initiative addresses the growing needs of the workforce by promoting job creation and providing training programs that equip individuals with the skills necessary for emerging job opportunities.
Overall, the ongoing efforts of the Desoto County Economic Development Council Inc contribute to a more thriving economy and improved quality of life for residents in the area.
This information is meant to be a general summary of Desoto County Economic Development Council 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $5,269
- Program Service Revenue: $167,152
- Gross Receipts: $972,815
Assets and Liabilities:
- Total Assets: $674,247
- Total Liabilities: $14,871
- Net Assets: $659,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VAR. WK/SHOPS & MEETING
Revenue
$69,802
CAREER EXPO
Revenue
$66,500
GOLF TOURNAMENT
Revenue
$30,850
Organization Details
Founding Year
1978
Principal Officer
James B Flanagan
Website
www.desotocounty.comNTEE Category
Code: S30 - Community improvement
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