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Taos County Economic Development Corp

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

EIN: 850355163 ✦ Taos, NM ✦ Designated as a 501(c)(3)

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Overview

What is Taos County Economic Development Corp?

Taos County Economic Development Corp (TCEDC) is a nonprofit organization established in 1987, dedicated to supporting the people of northern New Mexico. Their mission encompasses preserving the region's land, food, water, and culture. The organization provides various programs to achieve this goal, including technical and marketing assistance, specialty training, and business plan guidance for local entrepreneurs. They offer training to youth in sustainable agriculture and environmental food production through their Garden and Greenhouse program. In addition, TCEDC operates a business park, housing organizations and offering food processing facilities, job training, and business skills education. They also provide education and training pursuant to the Food and Modernization Act to assist food businesses with compliance. The organization's Mobile Livestock Slaughter Unit helps limited resource ranchers create new opportunities and access new markets. TCEDC also hosts community forums, workshops, and offers specialized education and training to food entrepreneurs. Their Food Sector Opportunity Program (FSOP) and community-driven workshops were attended by over 100 participants in 2022. The nonprofit employs nine individuals and provides employment opportunities for others through the businesses housed in its facilities.


Official website here: www.tcedc.org

Is Taos County Economic Development Corp legitimate?

Taos County Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taos County Economic Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,564

For more financial information, click here


Official website here: www.tcedc.org

What is the mission statement of Taos County Economic Development Corp?

The Taos County Economic Development Corp, established in 1987, is dedicated to supporting the well-being of the people in northern New Mexico. This is achieved by designing and implementing community and economic development programs and projects, with a focus on preserving the land, food, and cultural heritage of the region. The organization provides various services, including technical and marketing assistance, guidance in business plan preparation, and specialized training. They offer educational programs to food entrepreneurs and the community, as well as a food center that provides food processing facilities and support to local food processors. The organization also operates a mobile livestock slaughter unit to assist limited resource ranchers.


Official website here: www.tcedc.org

Who is the CEO of Taos County Economic Development Corp?

Pascualito Maestas is the President of Taos County Economic Development Corp.


Official website here: www.tcedc.org

What is the revenue of Taos County Economic Development Corp?

Taos County Economic Development Corp's revenue in 2022 was $309,481.


Official website here: www.tcedc.org

Who are the executives of Taos County Economic Development Corp and what are their salaries?

The average compensation at Taos County Economic Development Corp during 2022 was $12,285. There are 9 employees at Taos County Economic Development Corp.


Here are 5 key members and their salaries:


Darlene Vigil (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trinidad Arguello Phd (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pascualito Maestas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiana Suazo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Amado Valdez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tcedc.org

Where can I find the form 990 for Taos County Economic Development Corp?

Taos County Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tcedc.org

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

Mission Statement of Taos County Economic Development Corp

Taos County Economic Development Corp, established in 1987, is committed to supporting the well-being of the people in northern New Mexico. This nonprofit organization aims to preserve and enhance the land, food, water, and cultures of the region by designing and implementing community and economic development programs and projects. Through its activities, it strives to uplift the local community by providing technical and marketing assistance, specialty training, and guidance in business plan preparation. The organization also extends its support to other organizations and nonprofits working on grassroots community development and food system development, both locally and nationally.

In addition to its assistance programs, Taos County Economic Development Corp operates a business park and a food center. The business park provides a cooperative facility for various businesses and organizations, creating employment opportunities and offering skill training to local residents. The food center, a 5,000 square foot commercial kitchen, offers food processing facilities and support to local food processors, contributing to the employment of over 10 individuals in 2022. The organization's Food Sector Opportunity Program (FSOP) provides specialized education and training to food entrepreneurs, and it also offers nutrition and food preparation courses to the community.

In summary, Taos County Economic Development Corp serves as a catalyst for community and economic development in northern New Mexico. By preserving and supporting the land, food, water, and cultures of the region, it aims to empower local communities and individuals, creating opportunities for employment, skill development, and sustainable food production.

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Impact




October, 2024

Taos County Economic Development Corp (TCEDC) has made a significant impact on the local economy and community well-being in northern New Mexico since its establishment in 1987. By providing essential support in land, food, water, and cultural initiatives, TCEDC has effectively fostered sustainable economic growth and community resilience.

The organization has directly assisted approximately 278 clients, which has led to the creation or retention of 16 jobs, demonstrating its commitment to workforce development. TCEDC’s programs offer critical technical and marketing assistance, specialty training, and guidance in business plan preparation, enabling entrepreneurs and small businesses to thrive.

The Business Park/Taos Food Center is a core component of TCEDC's operations, serving as a hub for local businesses, including a Native American service company, and offering a community classroom. This facility not only provides food processing resources but also supports local entrepreneurs through no-cost training in marketing and basic business skills. The food center has played a pivotal role in assisting 45 food businesses achieve compliance with the Food Safety Modernization Act, contributing to enhanced food safety standards in the region. Furthermore, the center’s commercial kitchen has employed over 10 people while supporting multiple processors and food caterers in their growth.

TCEDC emphasizes community involvement through its workshops and forums, with over 100 participants attending specialized courses in 2022. This focus on education extends to nutrition and food preparation courses, which have also attracted substantial community participation.

The Mobile Livestock Slaughter Unit (MLSU) program illustrates TCEDC’s innovative approach to creating job opportunities for limited-resource ranchers and gaining access to new markets, highlighting its commitment to sustainable practices and economic viability.

Overall, TCEDC’s multifaceted approach not only promotes economic development but also nurtures the cultural and environmental interests of the community, making it a vital entity in the region's growth and sustainability efforts.




This information is meant to be a general summary of Taos County Economic Development Corp. 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
$309,481 (2022)
Expenses
$347,257 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $9,674
  • Gross Receipts: $309,481

Assets and Liabilities:

  • Total Assets: $699,873
  • Total Liabilities: $55,993
  • Net Assets: $643,880

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Programs

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

Kitchen Program Revenue

Revenue

$9,674

Organization Details

Founding Year

1987

Principal Officer

Pascualito Maestas

Main Address

PO Box 1389, Taos, NM, 87571

NTEE Category

Code: S32Z - Community improvement

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