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Castle Rock Economic Development Council

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

EIN: 841445735 ✦ Castle rock, CO ✦ Designated as a 501(c)(6)

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Overview

What is Castle Rock Economic Development Council?

The Castle Rock Economic Development Council is a nonprofit organization dedicated to supporting the Castle Rock business community. Their primary focus is on economic and business development, providing essential information and resources to help local businesses thrive. Through their programs, they aim to foster a prosperous business environment in Castle Rock, contributing to the region's overall economic growth.


Official website here: www.castlerockedc.com

Is Castle Rock Economic Development Council legitimate?

Castle Rock Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Castle Rock Economic Development Council 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: $221,585
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,891

For more financial information, click here


Official website here: www.castlerockedc.com

What is the mission statement of Castle Rock Economic Development Council?

The Castle Rock Economic Development Council is dedicated to promoting economic growth and providing relevant information within the business community. Its mission is centered around fostering economic development, serving as a resource for Castle Rock's businesses. The organization's activities encompass various economic and business development programs.


Official website here: www.castlerockedc.com

Who is the CEO of Castle Rock Economic Development Council?

Frank Gray is the Directors of Castle Rock Economic Development Council.


Official website here: www.castlerockedc.com

What is the revenue of Castle Rock Economic Development Council?

Castle Rock Economic Development Council's revenue in 2022 was $641,490.


Official website here: www.castlerockedc.com

Who are the executives of Castle Rock Economic Development Council and what are their salaries?

The average compensation at Castle Rock Economic Development Council during 2022 was $82,295. There are 5 employees and 87 volunteers at Castle Rock Economic Development Council.


Here are 2 key members and their salaries:


See Attached List (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Gray (President &)
  • Compensation: $185,000
  • Related: $0
  • Other: $36,585


Official website here: www.castlerockedc.com

Where can I find the form 990 for Castle Rock Economic Development Council?

Castle Rock Economic Development Council's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.castlerockedc.com

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

Mission Statement of Castle Rock Economic Development Council

Castle Rock Economic Development Council, in its mission, focuses on fostering economic growth and providing relevant information for the Castle Rock business community. The organization's primary objective is to drive economic development within the business sector, serving as a resourceful and supportive body for the business community. By offering a range of programs and services, Castle Rock Economic Development Council aims to facilitate the growth and success of businesses within its community.

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Impact




October, 2024

Castle Rock Economic Development Council significantly impacts the local business community by fostering economic growth and providing essential resources for entrepreneurs. Through a range of programs focused on economic and business development, it helps businesses thrive by offering guidance, information, and support tailored to the specific needs of the Castle Rock area.

By promoting community improvement initiatives, the council plays a critical role in enhancing the overall economic landscape of Castle Rock, attracting new businesses, and retaining existing ones. Its efforts contribute to a vibrant local economy that benefits not just businesses but also the residents by creating jobs and improving the quality of life in the area.




This information is meant to be a general summary of Castle Rock Economic Development Council. 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
$641,490 (2022)
Expenses
$638,421 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $664
  • Program Service Revenue: $42,809
  • Gross Receipts: $641,490

Assets and Liabilities:

  • Total Assets: $443,208
  • Total Liabilities: $258,148
  • Net Assets: $185,060

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Programs

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

RECRUIT/MARKET/EVENTS

Revenue

$42,809

Organization Details

Founding Year

1997

Principal Officer

Frank Gray

Main Address

18 SOUTH WILCOX STREET 202, CASTLE ROCK, CO, 80104

NTEE Category

Code: S46 - Community improvement

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