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Lemhi County Economic Development Association Inc

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

EIN: 810641530 ✦ Salmon, ID ✦ Designated as a 501(c)(3)

Overview

What is Lemhi County Economic Development Association Inc?

Lemhi County Economic Development Association Inc, headquartered at 303 Monroe, Salmon, ID 83467, is a nonprofit organization dedicated to community development and infrastructure improvement. Specifically, they focus on enhancing transportation, broadband, and tourism infrastructure within the region. The association serves as a facilitator and coordinator for local area nonprofits, offering guidance and programs to foster economic growth. Their mission involves promoting new businesses, retaining existing ones, and expanding existing enterprises to enhance the well-being and quality of life for residents in the area. With a team of 10 dedicated individuals, Lemhi County Economic Development Association Inc is committed to improving the local economy and fostering a thriving community.


Is Lemhi County Economic Development Association Inc legitimate?

Lemhi County Economic Development Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lemhi County Economic Development Association Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $229,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Lemhi County Economic Development Association Inc?
Who is the CEO of Lemhi County Economic Development Association Inc?
What is the revenue of Lemhi County Economic Development Association Inc?
Who are the executives of Lemhi County Economic Development Association Inc and what are their salaries?
Where can I find the form 990 for Lemhi County Economic Development Association Inc?

Mission Statement of Lemhi County Economic Development Association Inc

The Lemhi County Economic Development Association Inc is committed to fostering economic growth in the community. Their mission involves supporting the establishment of new businesses, as well as retaining and expanding existing ones. This effort is aimed at enhancing the well-being and improving the quality of life for local residents. To achieve this, the association provides research, guidance, and various programs designed to stimulate economic growth.

In addition to their focus on business development, the Lemhi County Economic Development Association Inc also engages in community development projects. This includes improving infrastructure, such as transportation, broadband, and tourism, which are all essential factors in attracting businesses and promoting economic growth. Furthermore, the association facilitates and coordinates the activities of local non-profit organizations, playing a crucial role in the overall development of the community.

Impact

This information is meant to be a general summary of Lemhi County Economic Development Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Lemhi County Economic Development Association Inc's impact is primarily focused on fostering economic development to enhance the well-being and quality of life for area residents. By supporting the growth and sustainability of businesses in the region, the organization contributes to job creation, economic stability, and overall prosperity. Additionally, their efforts in community development, such as infrastructure improvements in areas like transportation, broadband, and tourism, further contribute to the economic vitality of the region. Through research, guidance, and programs for economic growth, Lemhi County Economic Development Association Inc plays a crucial role in facilitating a thriving local economy and creating a more vibrant community for residents.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $227,671
  • Gross Receipts: $549,157

    • Assets and Liabilities:
  • Total Assets: $475,959
  • Total Liabilities: $21,300
  • Net Assets: $454,659
  • Programs

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

    BUSINESS SERVICES

    Revenue

    $227,671

    Organization Details

    Founding Year

    1979

    Principal Officer

    Tammy L Stringham

    Main Address

    303 MONROE, SALMON, ID, 83467

    NTEE Category

    Code: S32 - Community improvement

    If you are a representative of Lemhi County Economic Development Association Inc 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.