Overview
What is Concho Valley Economic Development District Incorporated?
Concho Valley Economic Development District Incorporated is a nonprofit organization located in San Angelo, Texas. With an address at 5430 Link Road, this organization's primary mission is to foster economic growth and development within its district. They achieve this by conducting meetings with members to discuss business issues, providing technical assistance to member agencies, and managing a CARES Act Revolving Loan fund for economic assistance. The nonprofit's activities encompass supporting and monitoring projects that enhance economic opportunities and offering technical assistance on matters related to economic development, business development, and local government.
Is Concho Valley Economic Development District Incorporated legitimate?
Concho Valley Economic Development District Incorporated is a legitimate nonprofit organization registered as a 501(c)(6) entity. Concho Valley Economic Development District Incorporated 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 Concho Valley Economic Development District Incorporated?
The Concho Valley Economic Development District Incorporated's mission is centered around providing support to promote economic growth within the district. They achieve this by developing and overseeing projects that enhance economic opportunities. Additionally, they offer technical assistance to member agencies, focusing on topics like economic development, business development, and local government. Their aim is to foster an environment that encourages economic growth and development within the district. They conduct regular meetings with members to discuss business-related issues and manage a CARES Act Revolving Loan fund to provide economic assistance.
Who is the CEO of Concho Valley Economic Development District Incorporated?
Allen Amos is the President of Concho Valley Economic Development District Incorporated.
What is the revenue of Concho Valley Economic Development District Incorporated?
Concho Valley Economic Development District Incorporated's revenue in 2023 was $424,770.
Who are the executives of Concho Valley Economic Development District Incorporated and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Concho Valley Economic Development District Incorporated?
Concho Valley Economic Development District Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Concho Valley Economic Development District Incorporated
Concho Valley Economic Development District Incorporated, a nonprofit organization, is dedicated to supporting the development and monitoring of projects that aim to enhance economic opportunities within the district. This mission extends to providing technical assistance to member agencies, focusing on topics such as economic development, business development, and local government. By doing so, the organization seeks to foster a thriving economic environment within its jurisdiction. Additionally, Concho Valley Economic Development District Incorporated offers technical assistance to its member agencies, addressing various challenges and opportunities in the realm of economic development and business development.
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Impact
October, 2024
Concho Valley Economic Development District Incorporated plays a vital role in enhancing economic opportunities within the region. By supporting the development and monitoring of various projects, it fosters growth and sustainability in the district. The organization conducts meetings that facilitate discussions on pressing business issues, ensuring that local voices are heard and considered in the decision-making process.
It also provides essential technical assistance to member agencies, empowering them with the knowledge and resources necessary to advance economic development, business growth, and local governance. One of its key initiatives includes the administration of the CARES Act Revolving Loan fund, which offers economic assistance to local businesses, helping them navigate challenges and seize growth opportunities.
Through these efforts, the Concho Valley Economic Development District significantly impacts community improvement by creating a robust environment for economic prosperity and collaboration among local stakeholders.
This information is meant to be a general summary of Concho Valley Economic Development District Incorporated. 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 2023.
- Program Service Revenue: $106,380
- Gross Receipts: $424,770
Assets and Liabilities:
- Total Assets: $864,843
- Total Liabilities: $816,762
- Net Assets: $48,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administration of General Economic Programs
Revenue
$71,651
Other General Government Support
Revenue
$34,729
Organization Details
Founding Year
1993
Phone
(325) 944-9666Principal Officer
Allen Amos
Main Address
5430 Link Road, SAN ANGELO, TX, 76904
NTEE Category
Code: S30 - Community improvement
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