Longmont Economic Development Partnership

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

EIN: 840840120 ✦ Longmont, CO ✦ Designated as a 501(c)(6)

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Overview

What is Longmont Economic Development Partnership?

The Longmont Economic Development Partnership, established in Longmont, Colorado, serves as a vital resource for both existing and prospective businesses and industries. This nonprofit organization's primary mission is to stimulate economic development within the city, benefiting its citizens, businesses, and overall community. They achieve this by offering comprehensive information and services, thereby fostering a conducive environment for business growth and prosperity. The Longmont Economic Development Partnership is staffed by a team of five dedicated individuals.


Official website here: www.longmont.org

Is Longmont Economic Development Partnership legitimate?

Longmont Economic Development Partnership is a legitimate nonprofit organization registered as a 501(c)(6) entity. Longmont Economic Development Partnership 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: $312,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.longmont.org

What is the mission statement of Longmont Economic Development Partnership?

The Longmont Economic Development Partnership's mission statement is centered around providing essential information and services to both established and potential businesses and industries. Their goal is to stimulate economic development within these sectors, ultimately benefiting the local community, businesses, and city as a whole. By offering this support, they aim to foster a thriving business environment that contributes positively to the broader society.


Official website here: www.longmont.org

Who is the CEO of Longmont Economic Development Partnership?

Erin Fosdick is the Community & Investor Relations of Longmont Economic Development Partnership. The CEO's salary of Longmont Economic Development Partnership is $132,405 and their total compensation is $132,405.


Official website here: www.longmont.org

What is the revenue of Longmont Economic Development Partnership?

Longmont Economic Development Partnership's revenue in 2022 was $771,668.


Official website here: www.longmont.org

Who are the executives of Longmont Economic Development Partnership and what are their salaries?

The average compensation at Longmont Economic Development Partnership during 2022 was $62,437. There are 5 employees at Longmont Economic Development Partnership.


Here are 20 key members and their salaries (Longmont Economic Development Partnership's CEO's salary is $132,405 and their total compensation is $132,405):


Phillip Inzerillo (Community & Investor Relations)
  • Compensation: $54,657
  • Related: $0
  • Other: $0
Stephanie Pitts-Noggle (Economic Development)
  • Compensation: $80,549
  • Related: $0
  • Other: $0
Krista Colehower (Administrative Assistant)
  • Compensation: $8,173
  • Related: $0
  • Other: $0
Marisa Baylon Guillen (Program Coordinator)
  • Compensation: $31,484
  • Related: $0
  • Other: $0
Eric Wallace (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Grant (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Bimson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Creighton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Erickson (Former President/Ceo)
  • Compensation: $132,405
  • Related: $0
  • Other: $0
Bart Raspotnik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Hostetter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Closson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Cramer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Gust (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Dominguez (City Appointed Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Rademacher (City Appointed Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Bimson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Peck (City Appointed Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Waters (City Appointed Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Welch (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.longmont.org

Where can I find the form 990 for Longmont Economic Development Partnership?

Longmont Economic Development Partnership's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.longmont.org

Learn more at the official website: www.longmont.org

Mission Statement of Longmont Economic Development Partnership

The Longmont Economic Development Partnership, as a key entity, is committed to providing valuable information and essential services to both existing and prospective businesses and industries. This nonprofit organization's primary mission is to stimulate economic development within the business sector, ultimately benefiting the citizens, businesses, and the city of Longmont, Colorado. By offering crucial resources and assistance, the Longmont Economic Development Partnership plays a pivotal role in fostering growth and prosperity within the business community.

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Impact




October, 2024

The Longmont Economic Development Partnership significantly impacts the local economy by offering vital information and services to both existing and prospective businesses and industries. By stimulating economic development, it creates a favorable environment for business growth that ultimately benefits citizens, local enterprises, and the broader city of Longmont, Colorado. The partnership fosters community improvement through initiatives aimed at attracting new investments, supporting workforce development, and encouraging collaboration among stakeholders. This proactive engagement helps to enhance the overall economic landscape, leading to increased job creation, innovation, and a strengthened local economy.




This information is meant to be a general summary of Longmont Economic Development Partnership. 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
$771,668 (2022)
Expenses
$809,008 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $266
  • Program Service Revenue: $52,327
  • Gross Receipts: $771,668

Assets and Liabilities:

  • Total Assets: $180,730
  • Total Liabilities: $34,966
  • Net Assets: $145,764

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Programs

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

OTHER PROGRAM REVENUE

Revenue

$52,327

Organization Details

Founding Year

1981

Principal Officer

Erin Fosdick

Main Address

1925 PIKE ROAD SUITE 202, LONGMONT, CO, 80501

NTEE Category

Code: S30 - Community improvement

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