Overview
What is Searcy Regional Economic Developmen?
Searcy Regional Economic Development is a nonprofit organization situated in Searcy, Arkansas, dedicated to fostering growth in existing industries and attracting new ones for the city's benefit. Their primary mission involves promoting the expansion of existing industries and inviting new industries to establish a presence, aiming to enhance Searcy's economic development. They achieve this goal through various programs designed to encourage business growth.
Is Searcy Regional Economic Developmen legitimate?
Searcy Regional Economic Developmen is a legitimate nonprofit organization registered as a 501(c)(6) entity. Searcy Regional Economic Developmen 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $142,985
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What is the mission statement of Searcy Regional Economic Developmen?
The mission of Searcy Regional Economic Development, as stated, is centered around promoting growth in existing industries and attracting new industries to benefit the overall economy. By doing so, they aim to contribute positively to the community's prosperity. Their activities involve promoting new industries through various programs, thereby fueling economic development.
What is the revenue of Searcy Regional Economic Developmen?
Searcy Regional Economic Developmen's revenue in 2024 was $483,415.
Who are the executives of Searcy Regional Economic Developmen and what are their salaries?
The average compensation at Searcy Regional Economic Developmen during 2024 was $142,985. There is 1 employee at Searcy Regional Economic Developmen.
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Where can I find the form 990 for Searcy Regional Economic Developmen?
Searcy Regional Economic Developmen's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Searcy Regional Economic Developmen
Searcy Regional Economic Development, as an organization, is committed to fostering growth in the existing industries and attracting new industries to benefit the city of Searcy, Arkansas. Their mission is multifaceted, focusing primarily on promoting the expansion of existing businesses and enticing new industries to establish their operations within the city. This mission is carried out through various programs designed to support and encourage business development, ultimately contributing to the economic well-being of the city.
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Impact
October, 2024
Searcy Regional Economic Development plays a vital role in enhancing the economic landscape of Searcy, Arkansas. By focusing on the growth of existing industries and actively recruiting new ones, the organization fosters an environment conducive to economic vitality. Their efforts not only support local businesses but also attract new industries that create jobs and stimulate investment in the area.
Through various targeted programs, Searcy Regional Economic Development works to showcase the city’s strengths, making it an attractive destination for potential businesses. This strategic approach not only benefits the local economy but also contributes to community improvement by enhancing the quality of life for residents. The organization’s commitment to promoting sustainable economic growth helps ensure that Searcy continues to thrive as a competitive and appealing place for both businesses and families.
This information is meant to be a general summary of Searcy Regional Economic Developmen. 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 2024.
- Investment Income: $103,483
- Program Service Revenue: $368,432
- Gross Receipts: $483,415
Assets and Liabilities:
- Total Assets: $3,449,624
- Total Liabilities: $0
- Net Assets: $3,449,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC REVENUE
Revenue
$2,000
MOVING SEARCY FORWARD
Revenue
$48,850
PROJECT - DOWNTOWN HIST
Revenue
$11,293
PROJECT - GROWTH REPORT
Revenue
$20,000
ED SERVICES
Revenue
$286,289
Organization Details
Founding Year
1955
Principal Officer
Darrell Welch
NTEE Category
Code: S30 - Community improvement
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