Overview
What is Cibola Communities Economic Development Foundation Inc?
Cibola Communities Economic Development Foundation Inc is a nonprofit organization primarily focused on stimulating economic growth in Cibola County, New Mexico. They collaborate with local entities, such as the city of Grants and the village of Milan, to foster business expansion and creation. Their mission is to generate employment opportunities and expand the tax base by attracting and recruiting new businesses and industries, as well as retaining and expanding existing ones. This foundation serves as a catalyst for economic development in the region, working towards a more prosperous Cibola County.
Official website here: www.cibolaedc.com
Is Cibola Communities Economic Development Foundation Inc legitimate?
Cibola Communities Economic Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cibola Communities Economic Development Foundation Inc 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.
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Executive Compensation: $0
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Other Salaries and Wages: $132,889
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Official website here: www.cibolaedc.com
What is the mission statement of Cibola Communities Economic Development Foundation Inc?
The mission of Cibola Communities Economic Development Foundation Inc is centered around fostering economic development. This is achieved through diversifying the economic base and encouraging the growth of the tax base. They accomplish this by attracting and recruiting new businesses and industries, as well as retaining and expanding existing ones. The organization's primary goal is to create job opportunities, thereby contributing to the overall economic development of the community. They collaborate with local entities such as cities and counties to facilitate this process.
Official website here: www.cibolaedc.com
Who is the CEO of Cibola Communities Economic Development Foundation Inc?
Robert Castillo is the President of Cibola Communities Economic Development Foundation Inc.
Official website here: www.cibolaedc.com
What is the revenue of Cibola Communities Economic Development Foundation Inc?
Cibola Communities Economic Development Foundation Inc's revenue in 2020 was $260,688.
Official website here: www.cibolaedc.com
Who are the executives of Cibola Communities Economic Development Foundation Inc and what are their salaries?
The average compensation at Cibola Communities Economic Development Foundation Inc during 2020 was $44,296. There are 3 employees and 4 volunteers at Cibola Communities Economic Development Foundation Inc.
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Official website here: www.cibolaedc.com
Where can I find the form 990 for Cibola Communities Economic Development Foundation Inc?
Cibola Communities Economic Development Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.cibolaedc.com
Learn more at the official website: www.cibolaedc.com
Mission Statement of Cibola Communities Economic Development Foundation Inc
Cibola Communities Economic Development Foundation Inc is committed to promoting economic development in its community. The organization's mission is to create job opportunities and stimulate economic growth by attracting and recruiting new businesses and industries, as well as retaining and expanding existing ones. This strategy aims to diversify the tax base and boost the overall economic well-being of Cibola County. The foundation collaborates closely with local entities such as the city of Grants, the village of Milan, and Cibola County to achieve these goals, working together to support business expansion and contribute to the economic development of the area.
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Impact
October, 2024
Cibola Communities Economic Development Foundation Inc plays a vital role in enhancing the economic landscape of Cibola County. By focusing on the attraction and recruitment of new businesses and industries, along with the retention and expansion of existing businesses, the foundation aims to create economically sustainable jobs, thereby diversifying the local economy.
Through collaborative efforts with the City of Grants, the Village of Milan, and Cibola County, the foundation actively promotes economic development initiatives that stimulate growth in the area. By expanding the local tax base, it supports community improvement and aims to enhance the overall quality of life for residents. The foundation's efforts are pivotal in fostering a robust economic environment that not only attracts new investments but also nurtures existing enterprises, leading to a more resilient community.
This information is meant to be a general summary of Cibola Communities Economic Development Foundation Inc. 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 2020.
- Investment Income: $241
- Program Service Revenue: $242,947
- Gross Receipts: $260,688
Assets and Liabilities:
- Total Assets: $198,960
- Total Liabilities: $0
- Net Assets: $198,960
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Organization Details
Founding Year
1982
Phone
(505) 287-6685Principal Officer
Robert Castillo
Main Address
PO BOX 277, GRANTS, NM, 87020
Website
www.cibolaedc.comNTEE Category
Code: S00 - Community improvement
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