Overview
What is Benton Economic Partnership Inc?
Benton Economic Partnership Inc, located in Foley, Minnesota, serves as a nonprofit organization dedicated to economic development within Benton County. Their primary focus is to revitalize economically distressed communities, alleviating poverty and reducing neighborhood tensions in the economically disadvantaged region of Benton County. They achieve this by implementing membership procurement, workforce development initiatives with five local organizations, and developing comprehensive economic strategies, including Region 7W, for Benton County and neighboring Sherburne, Stearns, and Wright counties. Employing a team of two individuals, Benton Economic Partnership Inc actively contributes to the betterment of its local economy.
Official website here: www.bentonpartnership.org
Is Benton Economic Partnership Inc legitimate?
Benton Economic Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benton Economic Partnership 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $139,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,530
For more financial information, click here
Official website here: www.bentonpartnership.org
What is the mission statement of Benton Economic Partnership Inc?
Benton Economic Partnership Inc's mission is focused on revitalizing economically distressed communities. Specifically, the organization aims to combat community deterioration, provide relief for the less fortunate, and lessen neighborhood tensions in economically disadvantaged areas. Their activities extend beyond this, including procuring memberships for Benton Economic Partnership and initiating workforce development with local organizations in Benton County. Additionally, they have developed a comprehensive economic development strategy for Benton County and surrounding counties of Sherburne, Stearns, and Wright.
Official website here: www.bentonpartnership.org
Who is the CEO of Benton Economic Partnership Inc?
Pat Welty is the Executive Dir. of Benton Economic Partnership Inc.
Official website here: www.bentonpartnership.org
What is the revenue of Benton Economic Partnership Inc?
Benton Economic Partnership Inc's revenue in 2022 was $201,164.
Official website here: www.bentonpartnership.org
Who are the executives of Benton Economic Partnership Inc and what are their salaries?
The average compensation at Benton Economic Partnership Inc during 2022 was $76,216. There are 2 employees at Benton Economic Partnership Inc.
Here are 12 key members and their salaries:
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Official website here: www.bentonpartnership.org
Where can I find the form 990 for Benton Economic Partnership Inc?
Benton Economic Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bentonpartnership.org
Learn more at the official website: www.bentonpartnership.org
Mission Statement of Benton Economic Partnership Inc
Benton Economic Partnership Inc, a nonprofit organization, is dedicated to revitalizing economically distressed communities. Their mission is centered around combating community deterioration, providing relief for the impoverished, and alleviating neighborhood tensions in economically disadvantaged areas. This mission aims to improve the living conditions and economic prospects of these communities, ultimately lessening the challenges faced by its inhabitants. The organization's activities encompass various economic development initiatives, such as Benton Economic Partnership membership procurement, workforce development with local organizations, and the development of a comprehensive economic strategy for Benton County and neighboring counties of Sherburne, Stearns, and Wright County.
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Impact
October, 2024
Benton Economic Partnership Inc. plays a vital role in revitalizing economically distressed communities in Benton County, Minnesota. By focusing on combating community deterioration and providing relief to the poor, it addresses the challenges faced by economically disadvantaged areas. The organization initiates economic development activities that include membership procurement and workforce development, collaborating with five local organizations to strengthen the regional economy.
In addition, Benton Economic Partnership is instrumental in crafting the Region 7W Comprehensive Economic Development Strategy, which encompasses Benton County and its neighboring counties of Sherburne, Stearns, and Wright. This strategic approach not only aims to enhance local economic conditions but also strives to reduce neighborhood tensions and promote community improvement. By fostering collaboration among various stakeholders, Benton Economic Partnership Inc. drives sustainable growth and supports the development of a more equitable and prosperous community for residents.
This information is meant to be a general summary of Benton Economic Partnership Inc. 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.
- Gross Receipts: $201,164
Assets and Liabilities:
- Total Assets: $172,583
- Total Liabilities: $4,683
- Net Assets: $167,900
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Organization Details
Founding Year
2016
Phone
(320) 968-6197Principal Officer
Pat Welty
Main Address
183 CEDAR DR, FOLEY, MN, 56329
Website
www.bentonpartnership.orgNTEE Category
Code: S30 - Community improvement
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