Overview
What is Kenova Municipal Economic Development Authority Inc?
Kenova Municipal Economic Development Authority Inc, based in Kenova, West Virginia, at 1501 Pine Street, is a nonprofit organization with a primary mission. They strive to boost property values in their city by actively encouraging businesses and industries to establish or expand their operations in Kenova, West Virginia. This endeavor aims to stimulate economic growth and development within the city. The corporation's activities are focused on attracting and supporting businesses, contributing to the overall prosperity and improvement of the community.
Is Kenova Municipal Economic Development Authority Inc legitimate?
Kenova Municipal Economic Development Authority Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kenova Municipal Economic Development Authority 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.
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What is the mission statement of Kenova Municipal Economic Development Authority Inc?
The Kenova Municipal Economic Development Authority Inc is committed to actively encouraging businesses and industries to establish or expand their operations within their jurisdiction. This initiative aims to boost the local economy by increasing property values. The corporation serves as a catalyst, attracting businesses that contribute to the city's growth and development. By doing so, it enhances the local economy, potentially creating job opportunities and stimulating economic growth.
Who is the CEO of Kenova Municipal Economic Development Authority Inc?
Don Bias is the Director of Kenova Municipal Economic Development Authority Inc.
What is the revenue of Kenova Municipal Economic Development Authority Inc?
Kenova Municipal Economic Development Authority Inc's revenue in 2022 was $508,920.
Who are the executives of Kenova Municipal Economic Development Authority Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Kenova Municipal Economic Development Authority Inc?
Kenova Municipal Economic Development Authority Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kenova Municipal Economic Development Authority Inc
Kenova Municipal Economic Development Authority Inc, as its name suggests, is an organization with a mission to actively encourage businesses and industries to establish or expand their operations within the city. Its primary goal is to boost property values within the city by attracting and retaining businesses, thereby stimulating economic growth and development. By facilitating the location and expansion of businesses, the corporation aims to contribute to the city's overall prosperity and improve its economic landscape.
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Impact
October, 2024
Kenova Municipal Economic Development Authority Inc plays a significant role in fostering economic growth in Kenova, West Virginia. By actively encouraging businesses and industries to locate and expand in the city, the organization contributes to job creation and local economic vitality. The authority implements targeted programs designed to boost property values, enhancing the overall attractiveness of the community for both residents and potential investors. Through its initiatives, the authority not only supports existing businesses but also cultivates an environment conducive to new enterprises, ultimately leading to a more robust and sustainable economic landscape in Kenova.
This information is meant to be a general summary of Kenova Municipal Economic Development Authority 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 2022.
- Investment Income: $501,389
- Program Service Revenue: $7,531
- Gross Receipts: $996,636
Assets and Liabilities:
- Total Assets: $612,084
- Total Liabilities: $0
- Net Assets: $612,084
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$7,531
Organization Details
Phone
(304) 453-1571Principal Officer
Don Bias
Main Address
1501 PINE STREET, KENOVA, WV, 25530
NTEE Category
Code: S40 - Community improvement
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