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Caedc Foundation

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

EIN: 831205358 ✦ Custer, SD ✦ Designated as a 501(c)(3)

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Overview

What is Caedc Foundation?

The Caedc Foundation is a nonprofit organization situated in Custer, South Dakota, dedicated to stimulating community and economic growth and development. By accepting contributions, it collaborates with the Custer Area Economic Development Corporation, a 501c6 organization, sharing a common board of directors. The foundation's support has led to the formation of alliances with regional and state economic development organizations, providing access to funds, leadership, and entrepreneurial training. Representatives of the Caedc Foundation actively contribute to this mission from their Custer location.


Official website here: www.custerdevelopment.com

Is Caedc Foundation legitimate?

Caedc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caedc Foundation 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.


Official website here: www.custerdevelopment.com

What is the mission statement of Caedc Foundation?

The Caedc Foundation's mission is centered around promoting and fostering community and economic growth and development. It accomplishes this by accepting donations and collaborating with other economic development organizations at the regional and state levels. The foundation provides access to funds, leadership, and entrepreneurial training, thereby supporting the mission of the Custer Area Economic Development Corporation, with which it shares a common board of directors. Located in an unspecified location, the Caedc Foundation plays a significant role in driving and backing economic growth and development in its community.


Official website here: www.custerdevelopment.com

Who is the CEO of Caedc Foundation?

Jeff Prior is the President of Caedc Foundation.


Official website here: www.custerdevelopment.com

What is the revenue of Caedc Foundation?

Caedc Foundation's revenue in 2022 was $23,550.


Official website here: www.custerdevelopment.com

Who are the executives of Caedc Foundation and what are their salaries?


Here are 6 key members and their salaries:


Jeff Prior (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Olson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Abernathy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monni Karim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Hennessy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.custerdevelopment.com

Where can I find the form 990EZ for Caedc Foundation?

Caedc Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.custerdevelopment.com

Learn more at the official website: www.custerdevelopment.com

Mission Statement of Caedc Foundation

The Caedc Foundation, a nonprofit organization, is committed to fostering and advancing community and economic growth and development. It accomplishes this mission by accepting donations and collaborating with other regional and state economic development organizations. Through its support, the Caedc Foundation aids CAEDC, a 501c6 organization, in gaining access to funds, leadership, and entrepreneurial training. Representatives of the Caedc Foundation are strategically placed to contribute to these endeavors. By driving such growth and development, the Caedc Foundation plays a significant role in supporting the overall well-being and progress of the communities it serves.

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Impact




October, 2024

The Caedc Foundation significantly impacts community and economic growth in Custer, SD, by driving initiatives that enhance local development. Through strategic partnerships with regional and state economic development organizations, the foundation facilitates access to vital resources, funding, and training for local entrepreneurs and leaders. This collaborative approach strengthens community connections and empowers residents, fostering an environment conducive to economic revitalization and innovation. The foundation plays a crucial role in enhancing the area’s appeal for investment and growth, ultimately enriching the quality of life for its community members.




This information is meant to be a general summary of Caedc Foundation. 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
$23,550 (2022)
Expenses
$28,761 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $6,600
  • Gross Receipts: $23,550

Assets and Liabilities:

  • Total Assets: $29,945
  • Total Liabilities: $0
  • Net Assets: $29,945

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Organization Details

Principal Officer

Jeff Prior

Main Address

PO BOX 15, CUSTER, SD, 577300015

NTEE Category

Code: S30 - Community improvement

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