Overview
What is Canadian-Hemphill County Economic Development Corporation?
The Canadian-Hemphill County Economic Development Corporation, situated in Canadian, Texas, serves as a nonprofit organization dedicated to fostering economic growth in the area. Their mission is to attract environmentally responsible industries and support the expansion and retention of existing businesses within the Canadian-Hemphill County region. With a team of four dedicated individuals, they actively work towards promoting economic development in the city of Canadian and Hemphill County, Texas.
Is Canadian-Hemphill County Economic Development Corporation legitimate?
Canadian-Hemphill County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canadian-Hemphill County 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,735
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What is the mission statement of Canadian-Hemphill County Economic Development Corporation?
The Canadian-Hemphill County Economic Development Corporation is established with a mission to foster economic growth within its vicinity. This organization is committed to attracting ecologically sustainable industries, while also supporting the retention and expansion of existing businesses in the area. Its primary objective is to promote economic development, aiming to enhance the region's industrial landscape and overall economic prosperity.
What is the revenue of Canadian-Hemphill County Economic Development Corporation?
Canadian-Hemphill County Economic Development Corporation's revenue in 2023 was $261,579.
Who are the executives of Canadian-Hemphill County Economic Development Corporation and what are their salaries?
The average compensation at Canadian-Hemphill County Economic Development Corporation during 2023 was $39,368. There are 2 employees and 10 volunteers at Canadian-Hemphill County Economic Development Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Canadian-Hemphill County Economic Development Corporation?
Canadian-Hemphill County Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Canadian-Hemphill County Economic Development Corporation
The Canadian-Hemphill County Economic Development Corporation is committed to fostering economic growth in and around the area of Canadian, Texas, and Hemphill County, Texas. Their mission is twofold: firstly, they aim to attract environmentally responsible industries to the region, and secondly, they strive to support the retention and expansion of existing businesses within the Canadian-Hemphill County area. By promoting eco-friendly industries and fostering the growth of local businesses, the Canadian-Hemphill County Economic Development Corporation is dedicated to driving economic development in the region, ultimately contributing to the overall prosperity of the community.
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Impact
October, 2024
The Canadian-Hemphill County Economic Development Corporation (CHCEDC) plays a vital role in fostering economic growth in the Canadian and Hemphill County area. It actively promotes and recruits environmentally sustainable industries to the region, enhancing the local economy and creating job opportunities for residents. By focusing not only on attracting new businesses but also on retaining and expanding existing industries, CHCEDC contributes to a diverse and resilient economic landscape.
Through its initiatives, the organization supports community improvement, ensuring that the needs of the local workforce are met while nurturing an appealing business environment. This holistic approach not only stimulates economic development but also strengthens the community's overall vitality, leading to long-term benefits for the citizens of Canadian and Hemphill County.
This information is meant to be a general summary of Canadian-Hemphill County 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 2023.
- Investment Income: $4,944
- Program Service Revenue: $51,160
- Gross Receipts: $265,340
Assets and Liabilities:
- Total Assets: $655,363
- Total Liabilities: $13,947
- Net Assets: $641,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHAMBER REIMBURSEMENT
Revenue
$50,000
DEVELOPMENT LOAN PAYMENTS
Revenue
$1,160
Organization Details
Founding Year
1996
Principal Officer
Bryan Bartlett
NTEE Category
Code: S30 - Community improvement
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