Overview
What is Panhandle Area Council Inc?
Panhandle Area Council Inc, based in Hayden, Idaho, is a nonprofit organization committed to bolstering business growth and development in the region. They offer various services, such as providing loans, business counseling, government procurement assistance, grant writing and administration, economic development planning, and a business incubator for start-up and expanding small businesses. Their mission extends beyond financial aid, as they aim to enhance the welfare of Northern Idaho, improve economic stability in the state, and collaborate with various levels of government and private entities to promote the region's overall development. They accept and utilize federal, state, and private funds to achieve their objectives and have the authority to borrow money and acquire or dispose of real and personal property, among other powers. The organization boasts a team of 15 dedicated individuals working towards these goals.
Official website here: www.pacni.org
Is Panhandle Area Council Inc legitimate?
Panhandle Area Council Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Panhandle Area Council 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: $132,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,999
For more financial information, click here
Official website here: www.pacni.org
What is the mission statement of Panhandle Area Council Inc?
Panhandle Area Council Inc's mission is to enhance the well-being and economic stability of a specific region, which includes Northern Idaho and the state as a whole. The organization seeks to attract new industries and support the expansion of existing ones. It cooperates with various levels of government and private entities to achieve these goals. The council is also authorized to utilize federal, state, and private funds for its purposes, conduct necessary studies and surveys, and engage in activities beneficial to its objectives. The corporation's powers allow it to acquire and dispose of property and perform acts that are commonly exercised by natural persons.
Official website here: www.pacni.org
What is the revenue of Panhandle Area Council Inc?
Panhandle Area Council Inc's revenue in 2023 was $1,102,467.
Official website here: www.pacni.org
Who are the executives of Panhandle Area Council Inc and what are their salaries?
The average compensation at Panhandle Area Council Inc during 2023 was $44,551. There are 12 employees at Panhandle Area Council Inc.
Here are 13 key members and their salaries:
- Compensation: $132,608
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Official website here: www.pacni.org
Where can I find the form 990 for Panhandle Area Council Inc?
Panhandle Area Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pacni.org
Learn more at the official website: www.pacni.org
Mission Statement of Panhandle Area Council Inc
Panhandle Area Council Inc, a nonprofit organization, is dedicated to promoting the welfare of northern Idaho, the state of Idaho, and the region as a whole. Their primary goal is to improve the economic stability of these areas by seeking, accepting, and assisting in the placement of new industries. Additionally, they aim to support the well-being and expansion of existing industries in the region. Panhandle Area Council Inc collaborates with various levels of government, local, state, and federal, as well as interested private individuals and legal entities, to further these purposes. They are also open to utilizing federal or state aid funds and any private funds made available to them. The organization undertakes necessary studies and surveys, can borrow money, and has the power to buy, sell, and acquire property to achieve their objectives. Ultimately, Panhandle Area Council Inc aims to exercise the powers commonly exercised by natural persons and do all acts or things useful or incidental to the purposes for which it was constituted.
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Impact
October, 2024
Panhandle Area Council Inc has a significant impact on the economic development and welfare of Northern Idaho and the broader region. By fostering the growth of local industries and assisting small businesses, it enhances economic stability and prosperity within the community. Through various services, such as providing loans, business counseling, and grant writing assistance, the council empowers entrepreneurs and supports startups, facilitating their expansion and success.
Collaboration is central to its approach, as it works with government entities at all levels and engages with private individuals and organizations to maximize resources and opportunities for development. The council's focus on conducting studies and surveys further aids in identifying needs and shaping effective strategies for industrial placement and growth. By leveraging federal, state, and private funds, it ensures that essential support and resources are accessible to the community.
Ultimately, the work of Panhandle Area Council Inc cultivates a robust business environment, contributing to community improvement and the overall economic vitality of the region.
This information is meant to be a general summary of Panhandle Area Council 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 2023.
- Investment Income: $14,042
- Program Service Revenue: $886,329
- Gross Receipts: $1,102,467
Assets and Liabilities:
- Total Assets: $9,436,909
- Total Liabilities: $3,276,441
- Net Assets: $6,160,468
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT INCOME
Revenue
$116,274
LEASE SERVICING INCOME
Revenue
$164,054
LOAN FUNDS, INTEREST INC
Revenue
$361,937
OTHER
Revenue
$84,549
SERVICING INCOME
Revenue
$159,515
Organization Details
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