Overview
What is Indian Wells Economic Development Corporation?
The Indian Wells Economic Development Corporation (IWV EDC) is a nonprofit organization with a mission to boost the local economy and improve the quality of life in the Indian Wells Valley. They are collaborating with The News Review in 2021 to preserve and continue the annual Parade of 1,000 Flags event, commemorating September 11, 2001. This event involves 1,000 flag bearers parading down China Lake Blvd to Freedom Park, followed by a brief program. The IWV EDC's involvement in this community-centric event is a testament to their commitment to fostering unity and remembrance within their community.
Official website here: www.iwv-edc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The Indian Wells Economic Development Corporation has received a solid rating of 84%, reflecting a commendable performance in accountability and finance. With a score of 93% in this area, the organization shows strong governance practices, including a fully independent board and a commitment to minimizing conflicts of interest. Notably, there have been no material diversions of assets, indicating sound financial management.
The organization excels in its culture and community engagement, achieving a perfect score of 100%. This highlights its effective feedback collection and usage practices, ensuring that it remains responsive to the needs of its constituents. Additionally, its proactive stance on maintaining and documenting board meeting minutes underscores its dedication to transparency and organizational integrity.
However, there are some areas for improvement, particularly concerning the absence of a whistleblower policy and other documentation policies. While these omissions do not significantly detract from the overall performance, addressing them could further enhance the organization's governance and accountability framework. Overall, the Indian Wells Economic Development Corporation demonstrates a strong commitment to its mission and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Indian Wells Economic Development Corporation legitimate?
Indian Wells Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indian Wells Economic Development Corporation submitted a form 990EZ, 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:
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Other Salaries and Wages: $0
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Official website here: www.iwv-edc.com
What is the mission statement of Indian Wells Economic Development Corporation?
The Indian Wells Economic Development Corporation's mission is focused on improving both the economy and the quality of life in its community. One of their initiatives is the annual Parade of 1000 Flags, which commemorates September 11, 2001, in partnership with The News Review. On this day, 1000 flag bearers march down China Lake Blvd to Freedom Park, where the flags are posted, followed by a short program. Beyond this event, the corporation's objectives include enhancing the local economy and improving the overall living standards for the community. They aim to achieve this through various means, although specific details are not provided in the given information.
Official website here: www.iwv-edc.com
What is the revenue of Indian Wells Economic Development Corporation?
Indian Wells Economic Development Corporation's revenue in 2024 was $88,170.
Official website here: www.iwv-edc.com
Who are the executives of Indian Wells Economic Development Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.iwv-edc.com
Where can I find the form 990EZ for Indian Wells Economic Development Corporation?
Indian Wells Economic Development Corporation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.iwv-edc.com
Learn more at the official website: www.iwv-edc.com
Mission Statement of Indian Wells Economic Development Corporation
The Indian Wells Economic Development Corporation, in its mission, works towards enhancing the local economy and improving the quality of life in the Indian Wells Valley. One of their significant initiatives is their partnership with The News Review in 2021 to continue the Parade of 1000 Flags, a community-focused event commemorating the September 11, 2001, attacks. On the 20th anniversary of the attacks, 1,000 flag bearers will parade down China Lake Blvd to Freedom Park, where the flags will be posted, followed by a short program. This event serves as a testament to the organization's dedication to honoring significant historical moments and fostering a sense of unity within the community.
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Impact
August, 2024
Indian Wells Economic Development Corporation's impact is focused on enhancing the local economy and quality of life in the Indian Wells Valley. One of their notable initiatives is the Parade of 1000 Flags, a commemoration of September 11, 2001. The organization partners with The News Review to ensure the continuation of this community-centric event that was started by the Ridgecrest Exchange Club in 2008. On the 20th anniversary of the attacks, 1,000 flag bearers parade down China Lake Blvd to Freedom Park where the flags are posted, followed by a short program. This initiative aims to not only commemorate an important event but also to contribute to community improvement and enhance the overall economic and social well-being of the Indian Wells Valley.
This information is meant to be a general summary of Indian Wells Economic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $80,920
- Gross Receipts: $88,170
Assets and Liabilities:
- Total Assets: $124,007
- Total Liabilities: $0
- Net Assets: $124,007
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Organization Details
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