Overview
What is Hempstead Co Econ Develop Corp?
Hempstead Co Econ Develop Corp is a nonprofit organization situated in Hempstead County, Arkansas. Their primary focus is on driving industrial development by proactively attracting, acquiring, maintaining, and expanding various industrial and commercial projects within the county. Their mission revolves around fostering economic growth through their commitment to industrial development.
Is Hempstead Co Econ Develop Corp legitimate?
Hempstead Co Econ Develop Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hempstead Co Econ Develop Corp 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: $89,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,832
For more financial information, click here
What is the mission statement of Hempstead Co Econ Develop Corp?
The Hempstead County Economic Development Corporation is committed to fostering industrial growth. Their mission involves proactively attracting, securing, maintaining, and expanding industrial and commercial development across various sectors. This organization works tirelessly to stimulate industrial development, thereby contributing to the overall economic well-being of the community.
Who is the CEO of Hempstead Co Econ Develop Corp?
Lester Sitzes Iii is the Chairman of Hempstead Co Econ Develop Corp.
What is the revenue of Hempstead Co Econ Develop Corp?
Hempstead Co Econ Develop Corp's revenue in 2022 was $189,552.
Who are the executives of Hempstead Co Econ Develop Corp and what are their salaries?
The average compensation at Hempstead Co Econ Develop Corp during 2022 was $59,978. There are 2 employees and 25 volunteers at Hempstead Co Econ Develop Corp.
Here are 4 key members and their salaries:
- Compensation: $89,124
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hempstead Co Econ Develop Corp?
Hempstead Co Econ Develop Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hempstead Co Econ Develop Corp
Hempstead County Economic Development Corporation, often referred to as Hempstead Co Econ Develop Corp, is dedicated to driving industrial and economic growth. Their mission is to actively recruit, procure, maintain, and expand industrial and commercial development across the region. Their primary goal is to promote industrial development, thereby contributing to the economic well-being of the community. By taking on this role, Hempstead Co Econ Develop Corp aims to stimulate job creation, attract new businesses, and foster a thriving economic climate in the area.
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Impact
October, 2024
Hempstead Co Econ Develop Corp plays a vital role in enhancing the economic landscape of Hempstead County, Arkansas. By focusing on industrial development, the organization actively recruits new businesses, facilitates the procurement of resources, and assists in the maintenance and expansion of existing industrial and commercial operations. This strategic approach not only stimulates local economic growth but also creates job opportunities, fosters community improvement, and attracts investment to the region. Through its efforts, the organization contributes significantly to the vibrancy and sustainability of the local economy, ensuring a prosperous future for the residents of Hempstead County.
This information is meant to be a general summary of Hempstead Co Econ Develop Corp. 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 2022.
- Investment Income: $4,244
- Gross Receipts: $189,552
Assets and Liabilities:
- Total Assets: $648,398
- Total Liabilities: $19,059
- Net Assets: $629,339
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Organization Details
Founding Year
1986
Phone
(870) 777-8485Principal Officer
Lester Sitzes Iii
Main Address
PO BOX 971, HOPE, AR, 71802
NTEE Category
Code: S40 - Community improvement
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