Fremont County Economic Development Corp

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

EIN: 742251600 ✦ Canon city, CO ✦ Designated as a 501(c)(6)

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Overview

What is Fremont County Economic Development Corp?

Fremont County Economic Development Corp is a dedicated nonprofit organization situated in Canon City, Colorado. Their primary objective is to stimulate and support the economic growth of Fremont County. Through their activities, they strive to foster a prosperous economic environment within the county. The corporation's mission is clearly defined as promoting and aiding in the economic development of Fremont County, Colorado.


Official website here: www.fedc.co

Is Fremont County Economic Development Corp legitimate?

Fremont County Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fremont County Economic Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fedc.co

What is the mission statement of Fremont County Economic Development Corp?

The Fremont County Economic Development Corp, in its mission, works towards fostering economic growth in Fremont County, Colorado. This is achieved through both promoting and offering assistance in economic development initiatives. The organization's primary goal is to contribute to the economic prosperity of the region. By doing so, it aims to create opportunities, stimulate business growth, and ultimately, improve the overall economic well-being of the community. The Corp's activities may include providing resources, advocating for local businesses, and collaborating with other entities to drive economic development.


Official website here: www.fedc.co

Who is the CEO of Fremont County Economic Development Corp?

David Reynolds is the Executive Director of Fremont County Economic Development Corp.


Official website here: www.fedc.co

What is the revenue of Fremont County Economic Development Corp?

Fremont County Economic Development Corp's revenue in 2022 was $453,759.


Official website here: www.fedc.co

Who are the executives of Fremont County Economic Development Corp and what are their salaries?

There 40 volunteers at Fremont County Economic Development Corp.


Here are 4 key members and their salaries:


Robert V Brown (Executive Director)
  • Compensation: $42,000
  • Related: $0
  • Other: $0
Alex Ewers (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Bellantoni (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Reynolds (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fedc.co

Where can I find the form 990 for Fremont County Economic Development Corp?

Fremont County Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fedc.co

Learn more at the official website: www.fedc.co

Mission Statement of Fremont County Economic Development Corp

The Fremont County Economic Development Corp, as its name suggests, is committed to driving economic growth in Fremont County, Colorado. Its mission is to actively promote and aid in the economic development of the region, working tirelessly to foster a thriving and prosperous community. This organization serves as a catalyst for economic progress, providing assistance and support to various initiatives that contribute to the county's economic development.

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Impact




October, 2024

The Fremont County Economic Development Corp plays a vital role in enhancing the economic landscape of Fremont County, CO. By promoting and assisting with various development initiatives, it contributes significantly to the region's growth and vitality.

The organization focuses on fostering new business opportunities, supporting existing local enterprises, and attracting investment to the area. This leads to job creation and improves the overall economic health of the community. Through strategic partnerships and targeted programs, the Fremont County Economic Development Corp facilitates workforce training, enhances infrastructure, and promotes a positive business climate.

Its commitment to community improvement helps to elevate the quality of life for residents, making Fremont County a more attractive place for families, businesses, and visitors alike. Overall, the impact of the Fremont County Economic Development Corp is a catalyst for sustainable economic growth and community development in the region.




This information is meant to be a general summary of Fremont County Economic Development 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.

Revenue
$453,759 (2022)
Expenses
$354,026 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $28,792
  • Gross Receipts: $453,759

Assets and Liabilities:

  • Total Assets: $281,869
  • Total Liabilities: $0
  • Net Assets: $281,869

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Annual Banquet Income

Revenue

$6,522

Management Fees

Revenue

$18,000

Grant Administration Fees

Revenue

$2,270

Recovery of Previous Year Bad Debt

Revenue

$2,000

Organization Details

Founding Year

1976

Principal Officer

David Reynolds

Main Address

402 Valley Road, Canon City, CO, 81212

NTEE Category

Code: S30 - Community improvement

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