Minden Economic Development Corporation

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

EIN: 720652542 ✦ Minden, LA ✦ Designated as a 501(c)(4)

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Overview

What is Minden Economic Development Corporation?

The Minden Economic Development Corporation is a nonprofit organization based in Minden, presumably, with a mission to foster local economic and industrial growth. They offer land sites and provide information about incentives available to encourage development within the community. By doing so, they aim to stimulate business expansion and job creation, ultimately contributing to the overall prosperity of the local economy.

Is Minden Economic Development Corporation legitimate?

Minden Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Minden Economic Development Corporation submitted a form 990EZ, 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: $0

For more financial information, click here

What is the mission statement of Minden Economic Development Corporation?

The Minden Economic Development Corporation's mission is centered around fostering local economic growth and industrial development. They aim to achieve this by offering land sites and providing information on available incentives. The corporation's primary objective is to promote and support local businesses, thereby contributing to the overall economic development of the community. Their activities are geared towards attracting and retaining businesses, thereby creating employment opportunities and stimulating economic growth. The corporation also provides funding to eligible projects, furthering their commitment to local economic development.

What is the revenue of Minden Economic Development Corporation?

Minden Economic Development Corporation's revenue in 2023 was $0.

Who are the executives of Minden Economic Development Corporation and what are their salaries?

Here are 2 key members and their salaries:


Kent Gibson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael W Wise (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Minden Economic Development Corporation?

Minden Economic Development Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Minden Economic Development Corporation

The Minden Economic Development Corporation, abbreviated as MEDC, is dedicated to fostering local economic and industrial growth. Its primary objective is to offer suitable land sites and provide information about various incentives, aiming to stimulate development within the community. By providing these resources, MEDC contributes to the promotion of a thriving local economy.

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Impact




October, 2024

The Minden Economic Development Corporation plays a crucial role in enhancing the economic landscape of Minden, Louisiana. By providing essential resources such as land sites, funding, and information on available incentives, the organization fosters local economic and industrial development. These efforts not only attract new businesses but also support existing ones, creating a more robust job market and contributing to the overall prosperity of the community. Through its strategic initiatives, the Minden Economic Development Corporation actively promotes community improvement, ensuring that Minden remains an attractive destination for both investment and growth.




This information is meant to be a general summary of Minden Economic Development Corporation. 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
$0 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $35
  • Gross Receipts: $35

Assets and Liabilities:

  • Total Assets: $39,143
  • Total Liabilities: $0
  • Net Assets: $39,143

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Organization Details

Principal Officer

Kent Gibson

NTEE Category

Code: S30 - Community improvement

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