Overview
What is Dekalb Economic Development Corporation?
The Dekalb Economic Development Corporation, situated in De Kalb, Texas, serves as a catalyst for business growth within the city. Their primary mission is to actively attract businesses to set up operations in Dekalb, thereby stimulating the local economy. This nonprofit organization is dedicated to promoting business development and expansion within the city, contributing to its overall prosperity.
Is Dekalb Economic Development Corporation legitimate?
Dekalb Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dekalb Economic Development Corporation 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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Other Salaries and Wages: $110,715
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What is the mission statement of Dekalb Economic Development Corporation?
The Dekalb Economic Development Corporation's mission is centered around promoting business growth within its jurisdiction. They actively work towards encouraging businesses to set up operations within the city, with the aim of boosting the local economy. This corporation plays a significant role in fostering a business-friendly environment and contributing to the city's economic development.
What is the revenue of Dekalb Economic Development Corporation?
Dekalb Economic Development Corporation's revenue in 2022 was $315,528.
Who are the executives of Dekalb Economic Development Corporation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Dekalb Economic Development Corporation?
Dekalb Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dekalb Economic Development Corporation
The Dekalb Economic Development Corporation, a prominent organization, is dedicated to promoting business growth within the city of Dekalb. This nonprofit actively pursues its mission by encouraging businesses to set up operations within the city, thereby boosting the local economy. By actively promoting businesses, the corporation aims to contribute to the city's prosperity and development.
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Impact
October, 2024
The Dekalb Economic Development Corporation plays a vital role in fostering economic growth and development in De Kalb, Texas. By actively promoting the establishment of businesses in the city, it creates an environment conducive to investment and job creation.
Through its initiatives, the Corporation works to attract new enterprises to De Kalb, which not only enhances the local economy but also improves the overall quality of life for residents. The influx of new businesses can lead to increased job opportunities, more diverse services, and enhanced community resources.
By focusing on business promotion and supporting new ventures, the Dekalb Economic Development Corporation contributes significantly to the economic vitality and sustainability of the city, ensuring that De Kalb remains an attractive location for potential investors and entrepreneurs.
This information is meant to be a general summary of Dekalb Economic Development Corporation. 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 2022.
- Investment Income: $86,437
- Program Service Revenue: $116,667
- Gross Receipts: $359,091
Assets and Liabilities:
- Total Assets: $715,250
- Total Liabilities: $126,449
- Net Assets: $588,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES TAX
Revenue
$116,667
Organization Details
Founding Year
2020
Principal Officer
Steve Mcmichael
NTEE Category
Code: Z99 - Unknown
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