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Sikeston Area Economic Development Corp

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

EIN: 824824577 ✦ Sikeston, MO ✦ Designated as a 501(c)(6)

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Overview

What is Sikeston Area Economic Development Corp?

Sikeston Area Economic Development Corp is a nonprofit organization situated in Sikeston, Missouri. Their primary mission is to stimulate and maintain economic growth within the local area. By leveraging their resources, they aim to foster a thriving and sustainable economic environment in Sikeston, Missouri. Their activities are geared towards driving and upholding economic development in the region.


Official website here: www.sikeston.net

What do the Facebook reviews say about Sikeston Area Economic Development Corp?

100% of the 12 reviewers on Facebook recommend the Sikeston Area Economic Development Corp. Here’s a summary of their comments:

The community appears to appreciate the active role this nonprofit plays in supporting local businesses. Reviewers express gratitude for the assistance provided during events like the Grand Opening of Cravings LLC, highlighting the positive impact the organization has had in fostering a welcoming atmosphere for new ventures.

Overall, the sentiment is overwhelmingly positive, showcasing a strong community connection and a commitment to economic growth within Sikeston. The nonprofit is recognized for its supportive initiatives that contribute to local development and the success of small businesses.


This AI summary has been generated from reviews found on Facebook.

Is Sikeston Area Economic Development Corp legitimate?

Sikeston Area Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sikeston Area Economic Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sikeston.net

What is the mission statement of Sikeston Area Economic Development Corp?

The Sikeston Area Economic Development Corp's mission is centered around driving and sustaining economic growth within its operational area. This organization is committed to promoting economic development, aiming to foster a thriving and prosperous economic landscape. By carrying out its mission, it contributes to the overall economic well-being of the community, fostering opportunities for local businesses and residents.


Official website here: www.sikeston.net

What is the revenue of Sikeston Area Economic Development Corp?

Sikeston Area Economic Development Corp's revenue in 2023 was $263,571.


Official website here: www.sikeston.net

Who are the executives of Sikeston Area Economic Development Corp and what are their salaries?

Here are 14 key members and their salaries:


Michael Bohannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Caldwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Couch (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Drake (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Foley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Gilmore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Holifield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Keenan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Schrumpf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Turnbow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcie Lawson (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Medley (Exec Vice-Pr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walt Modde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sikeston.net

Where can I find the form 990 for Sikeston Area Economic Development Corp?

Sikeston Area Economic Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sikeston.net

Learn more at the official website: www.sikeston.net

Mission Statement of Sikeston Area Economic Development Corp

The Sikeston Area Economic Development Corp, as its name suggests, is dedicated to driving and sustaining economic development in its specific area. This mission is a proactive initiative aimed at fostering and maintaining economic growth within the Sikeston region. The organization's primary objective is to contribute positively to the local economy, ensuring its resilience and continued progress. By driving and sustaining economic development, the Sikeston Area Economic Development Corp plays a crucial role in promoting job creation, attracting new businesses, and enhancing the overall quality of life for the community.

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Impact




October, 2024

Sikeston Area Economic Development Corp plays a crucial role in fostering economic growth and sustainability in the Sikeston, MO area. By implementing various initiatives and strategies, it drives investment and job creation, benefiting both local businesses and the community at large. Its focus on community improvement enhances the overall quality of life for residents and positions Sikeston as an attractive destination for new enterprises.

The organization actively collaborates with stakeholders to identify and capitalize on economic opportunities, ensuring that local resources are effectively utilized. This commitment to economic development not only supports existing businesses but also incentivizes new companies to establish operations in the region, leading to increased employment and economic diversification.

Through its efforts, Sikeston Area Economic Development Corp contributes to a vibrant local economy, strengthening community ties and boosting regional prosperity. By prioritizing long-term growth and sustainability, it lays the foundation for a thriving economic landscape in Sikeston.




This information is meant to be a general summary of Sikeston Area Economic Development Corp. 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
$263,571 (2023)
Expenses
$222,821 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $259,180
  • Gross Receipts: $263,571

Assets and Liabilities:

  • Total Assets: $284,884
  • Total Liabilities: $0
  • Net Assets: $284,884

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Programs

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

CONTRACT FOR SERVICES

Revenue

$206,250

PROGRESS WITH PARTNERSHIP

Revenue

$44,500

AGRI PARK INCOME

Revenue

$8,430

Organization Details

Founding Year

2016

Principal Officer

Marcie Lawson

NTEE Category

Code: S41 - Community improvement

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