Overview
What is Southern Valley Economic Development Aut?
Southern Valley Economic Development Aut is a nonprofit organization based in Wahpeton, North Dakota, with a secondary presence in Breckenridge, Minnesota. Their primary mission is to stimulate economic growth, foster new wealth creation, and generate employment opportunities within the regions of Wahpeton, North Dakota, Breckenridge, Minnesota, Wilkin County, Minnesota, and Richland County, North Dakota. They have achieved this by establishing a Joint Power Authority, creating a collaborative network across these regions, and hosting events and discussions focused on entrepreneurship and business development. Furthermore, they have collaborated with external businesses to attract them to the area. The organization is led by a team of one dedicated individual.
Official website here: www.sveda.biz
Is Southern Valley Economic Development Aut legitimate?
Southern Valley Economic Development Aut is a legitimate nonprofit organization registered as a 501(c)(6) entity. Southern Valley Economic Development Aut 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: $73,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,000
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Official website here: www.sveda.biz
What is the mission statement of Southern Valley Economic Development Aut?
The mission of Southern Valley Economic Development Aut, as stated, is centered around aiding, assisting, and promoting economic development, the creation of new wealth, and job growth within a specific geographic area. This organization strives to accomplish these objectives by establishing collaborative partnerships and networks, hosting training events, and engaging in regional discussions focused on entrepreneurship and business development. Additionally, they actively work with outside businesses to encourage their establishment in the area.
Official website here: www.sveda.biz
What is the revenue of Southern Valley Economic Development Aut?
Southern Valley Economic Development Aut's revenue in 2023 was $207,040.
Official website here: www.sveda.biz
Who are the executives of Southern Valley Economic Development Aut and what are their salaries?
The average compensation at Southern Valley Economic Development Aut during 2023 was $138,000. There is 1 employee at Southern Valley Economic Development Aut.
Here are 9 key members and their salaries:
- Compensation: $73,000
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Official website here: www.sveda.biz
Where can I find the form 990 for Southern Valley Economic Development Aut?
Southern Valley Economic Development Aut's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sveda.biz
Learn more at the official website: www.sveda.biz
Mission Statement of Southern Valley Economic Development Aut
Southern Valley Economic Development Aut, a nonprofit organization, is dedicated to facilitating economic growth, fostering new wealth creation, and promoting job opportunities within its geographical jurisdiction. Specifically, this encompasses the cities of Wahpeton, ND, and Breckenridge, MN, as well as Wilkin County, Minnesota, and Richland County, North Dakota. To accomplish this mission, Southern Valley Economic Development Aut has established a Joint Power Authority, forged a collaborative network across the aforementioned regions, and organized training events and regional discussions on entrepreneurship and business development. Furthermore, the organization collaborates with external businesses to attract them to the area, contributing to the overall economic development and job creation within the designated regions.
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Impact
October, 2024
Southern Valley Economic Development Authority plays a crucial role in fostering economic growth in North Dakota and Minnesota. By promoting wealth creation and job growth, the organization actively supports the local economy through various initiatives. It hosts training events that empower individuals with skills and knowledge essential for the workforce, ensuring communities are prepared for evolving job markets. Additionally, by collaborating with businesses, Southern Valley helps to identify and address local economic needs, drive innovation, and create new employment opportunities. This collaborative approach not only benefits individual businesses but also stimulates regional economic development, ultimately contributing to the overall prosperity of the communities it serves.
This information is meant to be a general summary of Southern Valley Economic Development Aut. 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 2023.
- Investment Income: $13
- Gross Receipts: $207,040
Assets and Liabilities:
- Total Assets: $119,890
- Total Liabilities: $0
- Net Assets: $119,890
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Organization Details
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