Overview
What is Economic Develop Corp Of Three Rivers?
Economic Develop Corp of Three Rivers is a nonprofit organization dedicated to fostering economic growth in its city. Their primary activities involve providing low-interest loans and leasing real estate to local businesses, thereby supporting the community's commercial sector. This organization plays a crucial role in promoting economic development within Three Rivers.
Is Economic Develop Corp Of Three Rivers legitimate?
Economic Develop Corp Of Three Rivers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Develop Corp Of Three Rivers 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.
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What is the mission statement of Economic Develop Corp Of Three Rivers?
The Economic Develop Corp of Three Rivers, in its mission, focuses on fostering economic growth within the city. They achieve this by providing low-interest loans and leasing real estate to local businesses, thereby contributing to the community's economic development. The corporation's actions are aimed at supporting the growth and sustainability of community businesses, contributing to the city's overall economic health.
Who is the CEO of Economic Develop Corp Of Three Rivers?
Dora Cruz is the Treasurer of Economic Develop Corp Of Three Rivers.
What is the revenue of Economic Develop Corp Of Three Rivers?
Economic Develop Corp Of Three Rivers's revenue in 2022 was -$2,491.
Who are the executives of Economic Develop Corp Of Three Rivers and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Economic Develop Corp Of Three Rivers?
Economic Develop Corp Of Three Rivers's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Economic Develop Corp Of Three Rivers
Economic Develop Corp of Three Rivers is dedicated to fostering the economic growth of its community. This nonprofit organization achieves this goal by providing low-interest loans and leasing real estate to local businesses. By offering these financial resources, Economic Develop Corp of Three Rivers plays a crucial role in supporting the growth and success of community-based enterprises, thereby contributing to the overall economic development of the city. This mission is essential in fostering a thriving and prosperous community, providing opportunities for businesses and individuals alike.
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Impact
October, 2024
The Economic Develop Corp of Three Rivers plays a vital role in enhancing the economic landscape of Three Rivers, Texas. By providing low-interest loans and leasing real estate, it fosters business growth and development within the community. This support not only attracts new businesses but also helps existing ones thrive, creating job opportunities and boosting local employment.
Through its initiatives, the organization promotes a thriving business environment, which is critical for local economic stability and improvement. Its efforts contribute to the overall quality of life in the area, as a stronger economy typically leads to better public services, increased investment in infrastructure, and a more vibrant community. The focused mission of the Economic Develop Corp of Three Rivers ultimately helps to establish a sustainable economic future for the city and its residents.
This information is meant to be a general summary of Economic Develop Corp Of Three Rivers. 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: $643
- Program Service Revenue: $3,331
- Gross Receipts: $33,841
Assets and Liabilities:
- Total Assets: $761,595
- Total Liabilities: $2
- Net Assets: $761,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON OPERAT. NOTES
Revenue
$3,331
Organization Details
Founding Year
1995
Phone
(361) 786-2528Principal Officer
Dora Cruz
Main Address
PO DRAWER 1677, THREE RIVERS, TX, 78071
NTEE Category
Code: S30 - Community improvement
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