Overview
What is North Iowa Corridor Economic Development Corporation?
North Iowa Corridor Economic Development Corporation is a nonprofit organization situated in Mason City, Iowa. Their primary focus is to support and strengthen the local business and industrial sector in the North Iowa area. They achieve this by providing various assistance services, including research, marketing, and promotion, to both new and existing businesses. Their mission is to facilitate retention and expansion projects within Cerro Gordo County, Mason City, and Clear Lake, while also attracting new business and industry to the region. With a team of three dedicated individuals, the corporation plays a vital role in boosting the economic growth of the North Iowa Corridor.
Official website here: www.northiowacorridor.com
Is North Iowa Corridor Economic Development Corporation legitimate?
North Iowa Corridor Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Iowa Corridor 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: $164,314
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,073
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Official website here: www.northiowacorridor.com
What is the mission statement of North Iowa Corridor Economic Development Corporation?
The North Iowa Corridor Economic Development Corporation's mission is centered around supporting the growth and development of businesses and industries. This organization actively engages in retention and expansion projects for existing businesses in the region, while also endeavoring to attract new enterprises. By providing research, marketing, promotion, and other necessary assistance, the corporation aims to foster a thriving business environment, benefiting both new and established businesses within its purview.
Official website here: www.northiowacorridor.com
Who is the CEO of North Iowa Corridor Economic Development Corporation?
Chad Schreck is the Vice Chair of North Iowa Corridor Economic Development Corporation.
Official website here: www.northiowacorridor.com
What is the revenue of North Iowa Corridor Economic Development Corporation?
North Iowa Corridor Economic Development Corporation's revenue in 2023 was $507,544.
Official website here: www.northiowacorridor.com
Who are the executives of North Iowa Corridor Economic Development Corporation and what are their salaries?
The average compensation at North Iowa Corridor Economic Development Corporation during 2023 was $92,129. There are 3 employees and 4 volunteers at North Iowa Corridor Economic Development Corporation.
Here are 12 key members and their salaries:
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- Compensation: $158,314
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- Other: $24,798
Official website here: www.northiowacorridor.com
Where can I find the form 990 for North Iowa Corridor Economic Development Corporation?
North Iowa Corridor Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.northiowacorridor.com
Learn more at the official website: www.northiowacorridor.com
Mission Statement of North Iowa Corridor Economic Development Corporation
North Iowa Corridor Economic Development Corporation, abbreviated as NICEDC, is committed to supporting the growth and development of businesses and industries in the region. This nonprofit organization plays a vital role in retaining and expanding existing businesses and attracting new ones to Cerro Gordo County, Mason City, and Clear Lake. By providing research, marketing, promotion, and various other forms of assistance, NICEDC aids new and established businesses in their endeavors to thrive within the North Iowa area. The organization's mission is to foster a conducive business environment, ultimately contributing to the region's economic growth and prosperity.
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Impact
October, 2024
The North Iowa Corridor Economic Development Corporation plays a crucial role in enhancing the economic landscape of Cerro Gordo County, Mason City, and Clear Lake. By focusing on business retention and expansion, the organization actively supports local industries and promotes sustainable growth in the region.
Through comprehensive research, marketing, and promotional efforts, the North Iowa Corridor provides valuable assistance to both new and existing businesses. Their initiatives are designed to attract new businesses to the area while fostering a conducive environment for current industries to thrive. This not only contributes to job creation but also strengthens the overall economic fabric of the community, ultimately leading to a more vibrant and prosperous region.
In summary, the North Iowa Corridor Economic Development Corporation significantly impacts the local economy by championing business interests, driving investment, and promoting community improvement initiatives.
This information is meant to be a general summary of North Iowa Corridor 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: $14,053
- Gross Receipts: $507,544
Assets and Liabilities:
- Total Assets: $2,035,032
- Total Liabilities: $79,844
- Net Assets: $1,955,188
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Organization Details
Founding Year
2005
Phone
(641) 423-0315Principal Officer
Chad Schreck
Main Address
9 NORTH FEDERAL AVE, MASON CITY, IA, 50401
Website
www.northiowacorridor.comNTEE Category
Code: S20 - Community improvement
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