Overview
What is Ravalli County Economic Development Authority?
The Ravalli County Economic Development Authority is a nonprofit organization situated in Hamilton, Montana. Its primary mission is to offer economic assistance to local businesses and entrepreneurs, with the goal of aiding in the procurement of financing for infrastructure development, fostering growth in existing companies, supporting new company formations, and expanding early-stage business capital resources for young companies. They operate with a dedicated team of three individuals. The organization's activities revolve around providing essential aid to fuel business growth within the community, ultimately contributing to the local economy.
Official website here: www.rceda.org
What do the Facebook reviews say about Ravalli County Economic Development Authority?
Two reviews highlight positive experiences with the Ravalli County Economic Development Authority. The feedback indicates that it is a well-managed facility, particularly emphasizing the professionalism of the staff. Additionally, there is a suggestion that the space provided is beneficial for establishing a professional office.
Although the nonprofit has not yet accumulated a significant number of ratings, the initial responses paint a favorable picture, suggesting a supportive environment for businesses looking to develop in the area. Overall, the early impressions reflect a strong potential for positive engagement with the community.
This AI summary has been generated from reviews found on Facebook.
Is Ravalli County Economic Development Authority legitimate?
Ravalli County Economic Development Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ravalli County Economic Development Authority 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: $54,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,538
For more financial information, click here
Official website here: www.rceda.org
What is the mission statement of Ravalli County Economic Development Authority?
The Ravalli County Economic Development Authority's mission is centered around providing economic assistance to local businesses and entrepreneurs. They aim to assist businesses in securing financing that can help develop infrastructure, support the growth of existing companies, and nurture new company formation. Additionally, they work to expand early-stage business capital resources for young companies, thereby contributing to the economic growth and development of the business community.
Official website here: www.rceda.org
Who is the CEO of Ravalli County Economic Development Authority?
Julie Foster is the Executive Director of Ravalli County Economic Development Authority.
Official website here: www.rceda.org
What is the revenue of Ravalli County Economic Development Authority?
Ravalli County Economic Development Authority's revenue in 2022 was $263,981.
Official website here: www.rceda.org
Who are the executives of Ravalli County Economic Development Authority and what are their salaries?
The average compensation at Ravalli County Economic Development Authority during 2022 was $29,373. There are 3 employees and 15 volunteers at Ravalli County Economic Development Authority.
Here are 14 key members and their salaries:
- Compensation: $53,373
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rceda.org
Where can I find the form 990 for Ravalli County Economic Development Authority?
Ravalli County Economic Development Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rceda.org
Learn more at the official website: www.rceda.org
Mission Statement of Ravalli County Economic Development Authority
The Ravalli County Economic Development Authority is dedicated to providing economic assistance to local businesses and entrepreneurs in their mission statement. This nonprofit organization works tirelessly to help businesses secure financing that can aid in the development of infrastructure, support the growth of existing companies, nurture new company formation, and expand early-stage business capital resources for young companies. By doing so, they aim to stimulate economic growth and development within the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Ravalli County Economic Development Authority significantly impacts the local economy by providing essential economic assistance to businesses and entrepreneurs. It plays a crucial role in helping businesses secure financing, which is fundamental for developing infrastructure and supporting the growth of existing companies.
By nurturing new company formation, the authority fosters innovation and job creation within the community. Additionally, it works to expand early-stage business capital resources, thereby facilitating the growth of young companies and enhancing their capacity to thrive in a competitive market. This comprehensive support not only strengthens individual businesses but also contributes to the overall economic health and improvement of the community in Hamilton, Montana.
This information is meant to be a general summary of Ravalli County Economic Development Authority. 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: $6,430
- Program Service Revenue: $170,626
- Gross Receipts: $263,981
Assets and Liabilities:
- Total Assets: $5,790,854
- Total Liabilities: $903,503
- Net Assets: $4,887,351
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE REVENUE
Revenue
$92,769
LOAN INTEREST
Revenue
$68,780
FEES FOR SERVICE
Revenue
$9,077
Organization Details
Founding Year
1997
Phone
(406) 375-9416Principal Officer
Julie Foster
Main Address
274 OLD CORVALLIS RD STE A, HAMILTON, MT, 59840
Website
www.rceda.orgNTEE Category
Code: S30 - Community improvement
If you are a representative of Ravalli County Economic Development Authority and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.