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Madison County Economic Development Corp

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

EIN: 742859317 ✦ Madisonville, TX ✦ Designated as a 501(c)(6)

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Overview

What is Madison County Economic Development Corp?

The Madison County Economic Development Corp, situated in Madisonville, Texas, serves as a dedicated entity aimed at fostering economic growth within the region. Their primary mission is to stimulate economic development in Madison County, working tirelessly to promote prosperity and progress in the local community. Their activities are centered around this objective, contributing significantly to the area's economic landscape.

Is Madison County Economic Development Corp legitimate?

Madison County Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Madison 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

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

The Madison County Economic Development Corp, as an economic development organization, is committed to fostering economic growth within its jurisdiction. Its mission, in essence, revolves around promoting economic development across various sectors. This organization strives to create an environment that attracts businesses, encourages investment, and ultimately, boosts the overall economic vitality of the community. By doing so, it aims to improve the livelihoods and prospects of the local population. The corporation's activities are geared towards fostering a conducive business environment, thereby stimulating economic growth and development.

Who is the CEO of Madison County Economic Development Corp?

Dave Ward is the President of Madison County Economic Development Corp.

What is the revenue of Madison County Economic Development Corp?

Madison County Economic Development Corp's revenue in 2022 was $26,372.

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

There is 1 employee at Madison County Economic Development Corp.


Here are 18 key members and their salaries:


Dave Ward (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camilla Viator (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Cain (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Osborne (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pohorelsky (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Radde (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Ford (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Parten (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Clark (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Hoke (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Mcbee (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hardy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Andrus (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mcgilbra (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kolby Wells (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabrice Kabona (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Hardy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madison County Economic Development Corp?

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

Mission Statement of Madison County Economic Development Corp

Madison County Economic Development Corp, as an economic development organization, is committed to fostering growth and prosperity within Madison County. Their primary mission is to actively promote economic development within the region, aiming to enhance the local economy and improve the overall quality of life for its residents. By pursuing this mission, the corporation strives to attract new businesses, support existing ones, and create job opportunities, ultimately contributing to the overall economic vitality of the community.

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Impact




October, 2024

Madison County Economic Development Corp plays a crucial role in fostering economic growth in Madison County, Texas. By focusing on the promotion of economic development, it enhances opportunities for local businesses and attracts new investments to the area. The organization actively supports community improvement initiatives, which contribute to a healthier, more vibrant local economy.

Through its efforts, the Madison County Economic Development Corp helps create a conducive environment for job creation, business expansion, and increased quality of life for residents. This not only benefits existing businesses but also encourages new enterprises to establish roots in the region. Ultimately, the organization’s work enhances the overall economic landscape of Madison County, leading to sustainable growth and prosperity for all stakeholders involved.




This information is meant to be a general summary of Madison 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
$26,372 (2022)
Expenses
$32,073 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $372
  • Gross Receipts: $26,372

Assets and Liabilities:

  • Total Assets: $342,996
  • Total Liabilities: $510
  • Net Assets: $342,486

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Organization Details

Founding Year

1997

Principal Officer

Dave Ward

Main Address

PO BOX 1392, MADISONVILLE, TX, 77864

NTEE Category

Code: S41 - Community improvement

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