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Anaconda Local Development Corporation

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

EIN: 810380448 ✦ Anaconda, MT ✦ Designated as a 501(c)(3)

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Overview

What is Anaconda Local Development Corporation?

Anaconda Local Development Corporation is a nonprofit organization situated in the city and county, dedicated to fostering job growth and preservation. By engaging in economic expansion activities, the corporation plays a crucial role in creating and retaining employment opportunities within the region. To achieve this mission, they offer various programs, such as Discover Anaconda, which supports chamber of commerce activities and local economic development initiatives. By doing so, Anaconda Local Development Corporation contributes significantly to the local community's economic well-being.


Official website here: www.anaconadevelopment.org

Is Anaconda Local Development Corporation legitimate?

Anaconda Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anaconda Local 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: $73,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,491

For more financial information, click here


Official website here: www.anaconadevelopment.org

What is the mission statement of Anaconda Local Development Corporation?

The Anaconda Local Development Corporation's mission is centered around promoting job creation and retention by fostering economic growth within a city and its surrounding county. The corporation accomplishes this by providing assistance and resources, thereby contributing to the expansion of local businesses and industries. Their efforts encompass various programs, such as Discover Anaconda, which focuses on chamber of commerce activities and local economic development initiatives.


Official website here: www.anaconadevelopment.org

Who is the CEO of Anaconda Local Development Corporation?

Mike Hale is the Executive Dir. of Anaconda Local Development Corporation.


Official website here: www.anaconadevelopment.org

What is the revenue of Anaconda Local Development Corporation?

Anaconda Local Development Corporation's revenue in 2022 was $209,907.


Official website here: www.anaconadevelopment.org

Who are the executives of Anaconda Local Development Corporation and what are their salaries?

The average compensation at Anaconda Local Development Corporation during 2022 was $11,868. There are 16 employees and 20 volunteers at Anaconda Local Development Corporation.


Here are 19 key members and their salaries:


Adam Vauthier (Executive Dir.)
  • Compensation: $72,000
  • Related: $0
  • Other: $0
Bekah Esquibel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Johns (Director 2022-3)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Hoiland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Kovacich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaitlin Leary (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristy Mckay (Sec-Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Shelton (Director 2022-3)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Volberding (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikal Harpster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sammi Lorello (Director 2022-3)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Krum (Director 2022-3)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Davison (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bandi Sparks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Wolfe (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.anaconadevelopment.org

Where can I find the form 990 for Anaconda Local Development Corporation?

Anaconda Local Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.anaconadevelopment.org

Learn more at the official website: www.anaconadevelopment.org

Mission Statement of Anaconda Local Development Corporation

Anaconda Local Development Corporation, in its mission, aims to facilitate the creation and retention of job opportunities within the city and county. This nonprofit organization accomplishes this objective by spearheading economic expansion efforts. To achieve its goals, Anaconda Local Development Corporation offers a variety of programs, such as Discover Anaconda, which encompasses chamber of commerce activities and local economic development initiatives. By engaging in these activities, the corporation contributes to the overall job market and economic growth in the area.

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Impact




October, 2024

Anaconda Local Development Corporation plays a vital role in enhancing the economic landscape of Anaconda, Montana, by focusing on job creation and retention. Through its various initiatives, the organization fosters economic expansion within the city and county, contributing to a thriving local economy.

One of the key programs, Discover Anaconda, serves to promote chamber of commerce activities and local development efforts, driving engagement and collaboration among businesses and community members. By providing support and resources for economic initiatives, the corporation helps to attract new businesses while also ensuring that existing ones can thrive and grow.

The impact of Anaconda Local Development Corporation is profound; it not only improves job opportunities for residents but also enhances the overall quality of life in the community. By focusing on sustainable economic practices and community improvement, the organization is instrumental in building a robust and resilient economic foundation for Anaconda.




This information is meant to be a general summary of Anaconda Local 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.

Revenue
$209,907 (2022)
Expenses
$409,232 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $71,232
  • Program Service Revenue: $59,327
  • Gross Receipts: $454,814

Assets and Liabilities:

  • Total Assets: $2,710,107
  • Total Liabilities: $1,221,321
  • Net Assets: $1,488,786

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHAMBER BANQUET

Revenue

$1,913

CHAMBER MEMBERSHIPS

Revenue

$33,455

LOAN FEES

Revenue

$1,800

PROPERTY MANAGEMENT FEES

Revenue

$19,135

REIMBURSED EXPENSES

Revenue

$3,024

Organization Details

Founding Year

1979

Principal Officer

Mike Hale

Main Address

118 E 7TH ST, ANACONDA, MT, 59711

NTEE Category

Code: S31Z - Community improvement

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