Bannock Development Corporation

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

EIN: 820424124 ✦ Pocatello, ID ✦ Designated as a 501(c)(6)

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Overview

What is Bannock Development Corporation?

Bannock Development Corporation, situated in Pocatello, Idaho, serves as a key player in fostering economic growth within Bannock County. With a team of three dedicated individuals, the organization collaborates with regional economic development partners to establish a thriving local economy. Their primary role includes offering valuable information and resources to prospective businesses, aiming to attract them to set up operations in the Bannock County area. By facilitating a robust economy, Bannock Development Corporation contributes to the overall development and prosperity of the region.

Is Bannock Development Corporation legitimate?

Bannock Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bannock 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: $112,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,550

For more financial information, click here

What is the mission statement of Bannock Development Corporation?

The Bannock Development Corporation, in collaboration with regional economic development partners, works towards fostering a thriving economy within its jurisdiction. Their mission is to facilitate this economic growth by cooperating with development partners. The corporation plays a key role in promoting economic development and provides valuable information to potential businesses, encouraging them to establish operations within the area.

Who is the CEO of Bannock Development Corporation?

Amy Rhoads is the Executive Di of Bannock Development Corporation.

What is the revenue of Bannock Development Corporation?

Bannock Development Corporation's revenue in 2022 was $261,344.

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

The average compensation at Bannock Development Corporation during 2022 was $54,568. There are 3 employees at Bannock Development Corporation.


Here are 7 key members and their salaries:


Miacate Kennedy I (Executive Di)
  • Compensation: $112,154
  • Related: $0
  • Other: $0
Brian Berrett (Treasuer/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Blad (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kory Call (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin England (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hough (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Rhoads (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bannock Development Corporation?

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

Mission Statement of Bannock Development Corporation

Bannock Development Corporation (BDC) is committed to facilitating a thriving economy in its area of focus, Bannock County. Working in collaboration with regional economic development partners, BDC aims to establish a healthy economic environment. The organization's mission is to promote economic development, providing valuable information to attract new businesses to Bannock County. By fostering a conducive economic landscape, BDC contributes to the overall growth and prosperity of the region.

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Impact




October, 2024

Bannock Development Corporation significantly impacts the economic landscape of Bannock County through dedicated efforts to promote development and attract new businesses. By collaborating with regional economic development partners, BDC creates a conducive environment for business growth, ultimately facilitating a healthy economy in the area.

One of the key contributions of BDC is its role in providing essential information and resources to potential businesses considering a move to Bannock County. This support not only enhances the appeal of the county as a business destination but also ensures that new enterprises have the necessary guidance to thrive.

In essence, Bannock Development Corporation is a catalyst for community improvement, driving initiatives that foster economic vitality and support the establishment of sustainable businesses in Pocatello and the surrounding areas.




This information is meant to be a general summary of Bannock 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
$261,344 (2022)
Expenses
$407,362 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $428
  • Program Service Revenue: $239,250
  • Gross Receipts: $261,344

Assets and Liabilities:

  • Total Assets: $257,651
  • Total Liabilities: $7,093
  • Net Assets: $250,558

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Programs

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

PROGRAM SERVICE - INVESTOR FE

Revenue

$239,250

Organization Details

Founding Year

1988

Principal Officer

Amy Rhoads

Main Address

1001 N 7TH AVENUE SUITE 250, POCATELLO, ID, 83201

NTEE Category

Code: S30 - Community improvement

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