Overview
What is Greeleyweld Economic Development?
Greeleyweld Economic Development, operating under the DBA "Upstate Colorado Economic Development," is a nonprofit organization situated in Greeley, Colorado. Their primary mission is to stimulate economic growth within the area by facilitating investment, creating new job opportunities, and boosting income through business expansion. They accomplish this by administering two funds: the Greeley Community Development Fund (GCDF) and the Weld/Larimer Revolving Loan Fund (RLF). These funds are utilized to provide loans for new businesses and business expansions, thereby fostering local economic development. The organization, with a team of five dedicated employees, plays a crucial role in expanding the local community tax base.
Official website here: www.upstatecolorado.org
Is Greeleyweld Economic Development legitimate?
Greeleyweld Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greeleyweld Economic Development 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: $198,449
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,093
For more financial information, click here
Official website here: www.upstatecolorado.org
What is the mission statement of Greeleyweld Economic Development?
Greeleyweld Economic Development's mission is centered around facilitating and attracting investments, creating new job opportunities, stimulating income growth, and expanding the local community's tax base. Their activities primarily involve managing funds such as the Greeley Community Development Fund and the Weld/Larimer Revolving Loan Fund, which are utilized to stimulate economic growth through providing loans for new businesses and their expansions. This organization plays a significant role in fostering economic development in the community, ultimately aiming to enhance its overall financial health.
Official website here: www.upstatecolorado.org
What is the revenue of Greeleyweld Economic Development?
Greeleyweld Economic Development's revenue in 2023 was $1,074,424.
Official website here: www.upstatecolorado.org
Who are the executives of Greeleyweld Economic Development and what are their salaries?
The average compensation at Greeleyweld Economic Development during 2023 was $102,908. There are 5 employees at Greeleyweld Economic Development.
Here are 12 key members and their salaries:
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Official website here: www.upstatecolorado.org
Where can I find the form 990 for Greeleyweld Economic Development?
Greeleyweld Economic Development's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.upstatecolorado.org
Learn more at the official website: www.upstatecolorado.org
Mission Statement of Greeleyweld Economic Development
Greeleyweld Economic Development, as a nonprofit organization, is dedicated to facilitating and attracting investment, creating new job opportunities, stimulating income growth, and expanding the local community tax base. Its mission is centered around promoting economic development within the community. To achieve this, Greeleyweld Economic Development administers two primary funds: the Greeley Community Development Fund (GCDF) and the Weld/Larimer Revolving Loan Fund (RLF). These funds are strategically utilized to stimulate economic growth by providing loans to support the establishment of new businesses and the expansion of existing ones. By doing so, Greeleyweld Economic Development contributes to the creation of new job opportunities, income growth, and ultimately, the expansion of the local community tax base.
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Impact
October, 2024
Greeleyweld Economic Development significantly impacts the local community by facilitating and attracting investments, which leads to the creation of new job opportunities. This organization plays a crucial role in stimulating income growth and expanding the local tax base, thereby enhancing overall economic vitality. By administering the Greeley Community Development Fund and the Weld/Larimer Revolving Loan Fund, Greeleyweld Economic Development provides vital financial resources that support both new businesses and the expansion of existing ones. This proactive approach not only fosters economic growth but also contributes to the community's long-term sustainability and improvement.
This information is meant to be a general summary of Greeleyweld Economic Development. 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: $59,518
- Program Service Revenue: $448,176
- Gross Receipts: $1,074,424
Assets and Liabilities:
- Total Assets: $5,495,975
- Total Liabilities: $97,504
- Net Assets: $5,398,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT GRANTS
Revenue
$265,000
ALLOWANCE RECOVERY
Revenue
$164,509
INTEREST ON DEV LOANS
Revenue
$17,747
OTHER INCOME
Revenue
$920
Organization Details
Founding Year
1987
Principal Officer
Richard Werner
Website
www.upstatecolorado.orgNTEE Category
Code: S30 - Community improvement
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