Overview
What is Rotan Economic Development Corporation?
Rotan Economic Development Corporation is a nonprofit organization situated in Rotan, Texas, with a mission to foster, aid, and improve economic growth within the city. Their primary objective is to promote business development, offer assistance, and enhance the overall economic condition of Rotan. The organization operates from 302 W SAMMY BAUGH, providing support to local businesses and initiatives, aiming to boost the city's economic prosperity.
Is Rotan Economic Development Corporation legitimate?
Rotan Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rotan Economic Development Corporation 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 Rotan Economic Development Corporation?
The Rotan Economic Development Corporation's mission is centered around promoting, assisting, and enhancing economic growth within its operational sphere. This organization strives to contribute to the economic development of its designated area, aiming to foster a prosperous and thriving economic landscape. By carrying out these activities, the corporation seeks to stimulate business growth, create job opportunities, and improve the overall economic well-being of the community.
Who is the CEO of Rotan Economic Development Corporation?
Greg Pruitt is the President of Rotan Economic Development Corporation.
What is the revenue of Rotan Economic Development Corporation?
Rotan Economic Development Corporation's revenue in 2022 was $95,627.
Who are the executives of Rotan Economic Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Rotan Economic Development Corporation?
Rotan Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rotan Economic Development Corporation
The Rotan Economic Development Corporation, a notable entity, is committed to fostering, aiding, and enhancing economic growth within the city of Rotan, Texas. Their primary mission is to drive economic development by providing necessary assistance and promoting opportunities that contribute to the city's prosperity. This nonprofit organization serves as a catalyst for economic advancement in the community, striving to create a thriving and sustainable environment for businesses and residents alike.
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Impact
October, 2024
Rotan Economic Development Corporation plays a vital role in fostering growth and prosperity in Rotan, Texas. Its primary focus is on promoting, assisting, and enhancing economic development within the city. This organization actively works to create an environment conducive to business growth, which can lead to job creation and improved local infrastructure. By encouraging investments and supporting local entrepreneurs, it contributes significantly to community improvement and overall quality of life for Rotan residents. Through various initiatives, the Corporation aims to strengthen the economic landscape of the area, ensuring that the community thrives in a competitive environment.
This information is meant to be a general summary of Rotan Economic Development Corporation. 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: $1,397
- Program Service Revenue: $65,972
- Gross Receipts: $95,627
Assets and Liabilities:
- Total Assets: $1,030,514
- Total Liabilities: $0
- Net Assets: $1,030,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON BUSINESS LOAN
Revenue
$468
SALES TAX FOR ECO DEVELOP
Revenue
$65,504
Organization Details
Founding Year
1991
Phone
(325) 735-2224Principal Officer
Greg Pruitt
Main Address
302 W SAMMY BAUGH, ROTAN, TX, 79546
NTEE Category
Code: S30 - Community improvement
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