Winfield Economic Development Inc

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

EIN: 742821409 ✦ Winfield, KS ✦ Designated as a 501(c)(6)

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Overview

What is Winfield Economic Development Inc?

Winfield Economic Development Inc is a nonprofit organization situated in Winfield, Kansas. Their primary mission is to aid local organizations in fostering economic growth within their community. They own commercial land and utilize investment income to enhance economic development in the Winfield area, specifically by supporting local industries. The organization's activities are geared towards promoting economic prosperity in the region.

Is Winfield Economic Development Inc legitimate?

Winfield Economic Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Winfield Economic Development Inc 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

What is the mission statement of Winfield Economic Development Inc?

Winfield Economic Development Inc, as an organization, owns commercial land with the primary objective of supporting local industry. Their mission is to utilize the income generated from investments to foster economic growth within the Winfield area. They actively assist various local organizations in their efforts to promote economic development within their community.

What is the revenue of Winfield Economic Development Inc?

Winfield Economic Development Inc's revenue in 2023 was $229,760.

Who are the executives of Winfield Economic Development Inc and what are their salaries?

Here are 4 key members and their salaries:


Craig Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodger Steffen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Long (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Winfield Economic Development Inc?

Winfield Economic Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Winfield Economic Development Inc

Winfield Economic Development Inc, as a nonprofit organization, is dedicated to supporting local industry by owning commercial land. Its primary mission is to generate investment income, which is then utilized to foster further economic development within the Winfield community. The organization serves as a catalyst, assisting local organizations in their endeavors to advance the economic landscape of the community. By investing in local industry and utilizing the resulting income, Winfield Economic Development Inc seeks to contribute to the overall growth and prosperity of the area.

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Impact




October, 2024

Winfield Economic Development Inc significantly contributes to the local economy by owning commercial land and facilitating industrial growth in Winfield, Kansas. By leveraging investment income, the organization actively supports various initiatives aimed at fostering economic development in the community. This assistance helps local organizations enhance their operations and initiatives, ultimately leading to a more vibrant and thriving local economy. The commitment to improving community resources and opportunities not only bolsters local businesses but also attracts new industries, creating a sustainable economic environment for residents and businesses alike.




This information is meant to be a general summary of Winfield Economic Development Inc. 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
$229,760 (2023)
Expenses
$235,062 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $229,760
  • Gross Receipts: $229,760

Assets and Liabilities:

  • Total Assets: $5,814,352
  • Total Liabilities: $0
  • Net Assets: $5,814,352

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Organization Details

Founding Year

1997

Principal Officer

Rodger Steffen

NTEE Category

Code: S30 - Community improvement

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