Economic Development Professionals Association

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

EIN: 854250311 ✦ Aberdeen, SD ✦ Designated as a 501(c)(6)

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Overview

What is Economic Development Professionals Association?

The Economic Development Professionals Association is a nonprofit organization based in Aberdeen, South Dakota, located at 506 S MAIN ST. Its primary mission is to stimulate and diversify the economic growth of South Dakota. To achieve this, they emphasize professional development, networking, and advocacy. Through weekly legislative updates and other communications with members, they aim to keep communities informed about economic opportunities in the state. Their inaugural conference features speakers, networking opportunities, and presentations from founding sponsors and the board of directors. The association's ultimate goal is to uplift South Dakota's economy, ensuring its continued vitality and awareness for all its residents.

Is Economic Development Professionals Association legitimate?

Economic Development Professionals Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Development Professionals Association 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: $59,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Economic Development Professionals Association?

The Economic Development Professionals Association aims to drive the expansion and diversification of South Dakota's economy. This is achieved through three primary methods: professional development, networking, and advocacy. By fostering professional growth, facilitating connections, and advocating for economic policies, the association strives to create a thriving economic landscape in South Dakota, ensuring opportunities for all its communities. Regular communication with members, such as weekly legislative updates, is also a part of their strategy to keep communities informed and engaged in economic developments.

Who is the CEO of Economic Development Professionals Association?

Mike Bockorny is the Principal Officer of Economic Development Professionals Association.

What is the revenue of Economic Development Professionals Association?

Economic Development Professionals Association's revenue in 2022 was $37,950.

Who are the executives of Economic Development Professionals Association and what are their salaries?

There 7 volunteers at Economic Development Professionals Association.


Here are 18 key members and their salaries:


Maxwell Strategies Llc (Director)
  • Compensation: $57,510
  • Related: $0
  • Other: $0
David Lambert (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Wenande (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Mundt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Schilken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Johnson (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bokorny (Chairman)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Brooke Rollag (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caleb Finck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Crabtree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Protexter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Haeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geri Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Economic Development Professionals Association?

Economic Development Professionals Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Economic Development Professionals Association

The Economic Development Professionals Association, a notable organization, is committed to fostering the expansion and diversification of South Dakota's economy. They accomplish this goal through three primary strategies: professional development, networking, and advocacy. By offering these resources, the association aims to empower individuals and communities in South Dakota, keeping them informed about potential economic opportunities.

To fulfill its mission, the Economic Development Professionals Association hosts events such as conferences, featuring prominent speakers and providing ample networking opportunities. Additionally, the association regularly communicates with its members, providing weekly legislative updates and other relevant information to ensure that communities remain vibrant and aware of economic developments. The Association's Board of Directors and founding sponsors also contribute to these efforts during the inaugural conference. Overall, the Economic Development Professionals Association strives to advocate for and facilitate South Dakota's economic growth and diversification.

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Impact




October, 2024

The Economic Development Professionals Association significantly impacts South Dakota's economy by fostering growth and diversification through a robust framework of professional development, networking, and advocacy. By hosting an inaugural conference, the association brings together experts and stakeholders, providing valuable insights and facilitating connections that are essential for economic advancement.

Through weekly legislative updates, it keeps members informed about vital economic opportunities, promoting an engaged community that is responsive to changes and innovations. The association's commitment to maintaining vibrant communities ensures that all South Dakotans are aware of and can participate in economic developments, ultimately leading to a more resilient and thriving state economy.




This information is meant to be a general summary of Economic Development Professionals Association. 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
$37,950 (2022)
Expenses
$159,335 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $37,950

Assets and Liabilities:

  • Total Assets: $127,750
  • Total Liabilities: $250
  • Net Assets: $127,500

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Organization Details

Founding Year

2021

Principal Officer

Mike Bockorny

Main Address

506 S MAIN ST, ABERDEEN, SD, 57401

NTEE Category

Code: S30 - Community improvement

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