Overview
What is Mcminnville Economic Development Partnership?
The McMinnville Economic Development Partnership (MEDP) is a nonprofit organization situated in McMinnville, Oregon, specifically at 231 NE 5th Street. Their primary mission is to foster a conducive business environment in McMinnville and its surrounding areas. To accomplish this, MEDP develops and maintains collaborative relationships with various regional and statewide economic development organizations and resource partners. By doing so, they stay informed about the current state of the economy in other parts of the state and identify the available resources for local businesses, thereby aiding in their expansion and retention plans. In essence, MEDP serves as a comprehensive information, referral, and assistance center for both new and established businesses, aiming to enhance business conditions in the region. The organization currently employs a team of four individuals.
Official website here: www.mcminnvillebusiness.com
Is Mcminnville Economic Development Partnership legitimate?
Mcminnville Economic Development Partnership is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mcminnville Economic Development Partnership 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: $78,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,147
For more financial information, click here
Official website here: www.mcminnvillebusiness.com
What is the mission statement of Mcminnville Economic Development Partnership?
The McMinnville Economic Development Partnership (MEDP) is dedicated to advancing strategies that cater to the needs of traded-sector businesses. Its mission, stated in the third person, is to foster a shared business interest, aiming to enhance business conditions within the local area. Serving as a comprehensive resource center, MEDP provides vital information, referrals, and assistance to both new and established businesses, facilitating their retention and expansion activities. By maintaining relationships with regional and statewide economic development organizations and resource partners, MEDP ensures that local businesses have access to valuable information about opportunities and resources available beyond their immediate surroundings.
Official website here: www.mcminnvillebusiness.com
Who is the CEO of Mcminnville Economic Development Partnership?
Patty Herzog is the Executive Dir. of Mcminnville Economic Development Partnership.
Official website here: www.mcminnvillebusiness.com
What is the revenue of Mcminnville Economic Development Partnership?
Mcminnville Economic Development Partnership's revenue in 2022 was $295,455.
Official website here: www.mcminnvillebusiness.com
Who are the executives of Mcminnville Economic Development Partnership and what are their salaries?
The average compensation at Mcminnville Economic Development Partnership during 2022 was $43,282. There are 4 employees and 5 volunteers at Mcminnville Economic Development Partnership.
Here are 7 key members and their salaries:
- Compensation: $109,485
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.mcminnvillebusiness.com
Where can I find the form 990 for Mcminnville Economic Development Partnership?
Mcminnville Economic Development Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcminnvillebusiness.com
Learn more at the official website: www.mcminnvillebusiness.com
Mission Statement of Mcminnville Economic Development Partnership
The McMinnville Economic Development Partnership (MEDP) is committed to advocating for strategies that cater to the needs of its traded-sector businesses. This nonprofit organization serves as a bridge, promoting a shared business interest to enhance business conditions not only in McMinnville but also in its surrounding areas. MEDP functions as a comprehensive, one-stop resource center, offering vital information, referrals, and assistance to both new and established businesses in the region.
In order to effectively support its local businesses, MEDP cultivates relationships with various economic development organizations and resource partners across the state. By staying informed about developments and resources available in other parts of the state, MEDP can provide valuable insights to businesses in McMinnville, enabling them to make informed decisions regarding expansion and retention activities. This proactive approach ultimately contributes to the overall improvement of the business environment in the area.
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Impact
October, 2024
The McMinnville Economic Development Partnership (MEDP) plays a crucial role in enhancing the economic landscape of McMinnville and its surrounding areas. By actively advancing strategies that cater to the needs of traded-sector businesses, MEDP fosters a thriving business environment. Through the development and maintenance of relationships with regional and statewide economic development organizations, MEDP effectively gathers vital information that informs local businesses about regional opportunities and resources.
This proactive approach aids businesses in their planning for retention and expansion activities, ultimately contributing to their success. MEDP serves as a one-stop information, referral, and assistance hub for both new and existing businesses, promoting a common business interest that focuses on improving overall business conditions. The impact of MEDP is seen in the collaboration it nurtures, which strengthens community ties and drives economic growth in McMinnville.
This information is meant to be a general summary of Mcminnville Economic Development Partnership. 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: $106
- Program Service Revenue: $254,979
- Gross Receipts: $295,455
Assets and Liabilities:
- Total Assets: $283,241
- Total Liabilities: $1,459
- Net Assets: $281,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANTS
Revenue
$233,600
INVESTORS CIRCLE
Revenue
$18,000
PROGRAMS
Revenue
$3,379
Organization Details
Founding Year
2017
Phone
(503) 474-6814Principal Officer
Patty Herzog
Main Address
231 NE 5TH STREET, MCMINNVILLE, OR, 97128
Website
www.mcminnvillebusiness.comNTEE Category
Code: S41 - Community improvement
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