Overview
What is Logan County Economic Development Council?
The Logan County Economic Development Council, located in Guthrie, Oklahoma, is a nonprofit organization with a single employee. Their primary mission is to stimulate economic growth in the region by offering various programs. These initiatives include providing low-interest loans, encouraging new businesses to establish operations in the county, and assisting existing businesses with expansion. Additionally, the council promotes individual leadership in county activities, aiming to foster a thriving economic environment within Logan County.
Official website here: www.logancountyedc.org
Is Logan County Economic Development Council legitimate?
Logan County Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Logan County Economic Development Council 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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Other Salaries and Wages: $71,725
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Official website here: www.logancountyedc.org
What is the mission statement of Logan County Economic Development Council?
The Logan County Economic Development Council's mission is centered around stimulating economic growth in the region. They achieve this through various initiatives such as offering low-interest loans, attracting new businesses, providing expansion assistance, and fostering individual leadership in county activities. The organization aims to encourage both new and existing businesses to establish and expand their operations within the county, thereby contributing to its overall economic development.
Official website here: www.logancountyedc.org
What is the revenue of Logan County Economic Development Council?
Logan County Economic Development Council's revenue in 2024 was $286,200.
Official website here: www.logancountyedc.org
Who are the executives of Logan County Economic Development Council and what are their salaries?
The average compensation at Logan County Economic Development Council during 2024 was $71,725. There is 1 employee and 14 volunteers at Logan County Economic Development Council.
Here are 10 key members and their salaries:
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Official website here: www.logancountyedc.org
Where can I find the form 990 for Logan County Economic Development Council?
Logan County Economic Development Council's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.logancountyedc.org
Learn more at the official website: www.logancountyedc.org
Mission Statement of Logan County Economic Development Council
The Logan County Economic Development Council, a nonprofit organization, has a mission to stimulate economic growth in Logan County, Oklahoma. They accomplish this through various programs, including offering low-interest loans, recruiting new businesses to the county, and providing growth expansion assistance. Furthermore, the Council promotes individual leadership in county activities, aiming to encourage both new and existing businesses to locate and expand within Logan County.
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Impact
October, 2024
The Logan County Economic Development Council plays a crucial role in stimulating economic growth in Logan County, Oklahoma. By offering various programs such as low-interest loans, the Council actively supports both new and existing businesses. This includes recruiting new companies to the area while also encouraging local businesses to expand their operations.
Through initiatives aimed at promoting individual leadership and engagement within community activities, the Council fosters a business-friendly environment. Their efforts not only attract investment but also enhance the overall economic landscape of Logan County, facilitating a thriving community that benefits everyone. The Council's commitment to economic development ensures that the region continues to grow and prosper, making it an attractive place for both entrepreneurs and residents.
This information is meant to be a general summary of Logan County Economic Development Council. 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: $30,277
- Program Service Revenue: $105,827
- Gross Receipts: $286,200
Assets and Liabilities:
- Total Assets: $2,144,978
- Total Liabilities: $946,895
- Net Assets: $1,198,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INT ON PROJECT LOANS
Revenue
$72,077
Membership Dues & Assessments
Revenue
$33,750
Organization Details
Founding Year
1992
Principal Officer
John Thomason
Website
www.logancountyedc.orgNTEE Category
Code: S30Z - Community improvement
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