Moore County Development Inc

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

EIN: 751489595 ✦ Dumas, TX ✦ Designated as a 501(c)(6)

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Overview

What is Moore County Development Inc?

Moore County Development Inc, situated in Dumas, Texas, serves as an economic development organization. Their primary goal is to stimulate and enhance the local economy. By focusing on economic development, the organization aims to foster growth and prosperity within the community, ultimately contributing to the betterment of Dumas and its residents.

Is Moore County Development Inc legitimate?

Moore County Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Moore County 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: $48,802

For more financial information, click here

What is the mission statement of Moore County Development Inc?

Moore County Development, as an economic development organization, is committed to promoting economic growth and development. Their mission is centered around driving economic progress, with the aim of creating opportunities and fostering a thriving community. They work towards attracting new businesses, supporting existing ones, and improving the overall economic landscape. Their activities may include providing resources, offering guidance, and facilitating partnerships to stimulate economic growth.

Who is the CEO of Moore County Development Inc?

Leona Satterfield is the Director of Moore County Development Inc.

What is the revenue of Moore County Development Inc?

Moore County Development Inc's revenue in 2023 was $123,576.

Who are the executives of Moore County Development Inc and what are their salaries?

The average compensation at Moore County Development Inc during 2023 was $48,802. There is 1 employee at Moore County Development Inc.


Here are 6 key members and their salaries:


Larry Appel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Chastain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aldo Gallegos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Riggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leona Satterfield (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Vaughan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Moore County Development Inc?

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

Mission Statement of Moore County Development Inc

Moore County Development, as an economic development organization, is committed to fostering economic growth and development in its capacity. Their mission, in simple terms, is to stimulate economic activity and prosperity within their sphere of influence. By pursuing economic development, this organization aims to create opportunities for businesses, improve the local economy, and ultimately, enhance the overall quality of life for the community.

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Impact




October, 2024

Moore County Development Inc. significantly impacts the local economy in Dumas, Texas, by focusing on economic development initiatives aimed at fostering growth and enhancing community welfare. Its mission to stimulate economic growth translates into job creation, infrastructure improvements, and support for local businesses. Through various projects and programs, the organization plays a crucial role in improving the overall quality of life for residents by attracting new investments, promoting community improvement efforts, and facilitating collaboration among stakeholders. This concerted focus on economic development not only strengthens the local economy but also creates a more vibrant and sustainable community.




This information is meant to be a general summary of Moore County 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
$123,576 (2023)
Expenses
$94,837 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $123,576
  • Gross Receipts: $123,576

Assets and Liabilities:

  • Total Assets: $4,038,909
  • Total Liabilities: $2,841
  • Net Assets: $4,036,068

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Organization Details

Principal Officer

Leona Satterfield

Main Address

PO BOX 324, DUMAS, TX, 79029

NTEE Category

Code: S30 - Community improvement

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