Quest For Economic Development

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

EIN: 910747855 ✦ Wenatchee, WA ✦ Designated as a 501(c)(6)

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Overview

What is Quest For Economic Development?

Quest for Economic Development is a nonprofit organization situated in Wenatchee, Washington (WA 98801). Their primary mission is to foster economic growth and cultural enrichment in North Central Washington, while maintaining environmental sustainability. They achieve this through the management of a Revolving Loan Fund, providing financial and administrative assistance to both established and emerging businesses in Chelan and Douglas Counties. This fund aims to empower local enterprises, contributing to the overall prosperity and development of the region.

Is Quest For Economic Development legitimate?

Quest For Economic Development is a legitimate nonprofit organization registered as a 501(c)(6) entity. Quest For Economic Development 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: $0

For more financial information, click here

What is the mission statement of Quest For Economic Development?

Quest For Economic Development's mission is centered around promoting economic and cultural growth while preserving the environment. They accomplish this by managing a Revolving Loan Fund, providing financial and management assistance to both existing and potential businesses in their region. This initiative aims to support local businesses in North Central Washington, fostering growth and development within the community.

Who is the CEO of Quest For Economic Development?

Garry Sparks is the Chairman of Quest For Economic Development.

What is the revenue of Quest For Economic Development?

Quest For Economic Development's revenue in 2021 was $9,106.

Who are the executives of Quest For Economic Development and what are their salaries?


Here are 6 key members and their salaries:


Garry Sparks (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Huffman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Griffiths (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jc Baldwin (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Knutsen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Vitulli (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Quest For Economic Development?

Quest For Economic Development's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Quest For Economic Development

Quest For Economic Development, a nonprofit organization, is dedicated to fostering economic growth and cultural enrichment in North Central Washington. Their mission is to achieve this goal by managing a Revolving Loan Fund. This fund provides financial and management assistance to both established and emerging businesses in Chelan and Douglas Counties. The primary objective of Quest For Economic Development is to promote sustainable development while preserving and enhancing the environmental resources of the region. By supporting local businesses, they aim to contribute to the overall economic well-being of the community.

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Impact




October, 2024

Quest For Economic Development significantly boosts local economies in Chelan and Douglas Counties, Washington, through its management of a Revolving Loan Fund. By providing crucial financial and management assistance to both existing and prospective businesses, it promotes sustainable growth and fosters job creation within the region.

The organization plays a vital role in ensuring that local businesses have access to the resources they need to thrive. This not only strengthens the economic landscape of the area but also contributes to cultural development and environmental protection. By supporting entrepreneurs and established enterprises, Quest For Economic Development enhances the overall community experience, leading to improved quality of life for residents.

In addition, its focus on local businesses ensures that economic benefits stay within the community, creating a ripple effect that can lead to broader economic stability and growth. The organization's emphasis on managing its resources responsibly highlights a commitment to sustainability and responsible development, aligning economic growth with environmental stewardship. Overall, Quest For Economic Development serves as a catalyst for ongoing economic improvement in North Central Washington.




This information is meant to be a general summary of Quest For Economic Development. 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
$9,106 (2021)
Expenses
$333,870 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $9,106

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1987

Principal Officer

Garry Sparks

Main Address

4 Kittitas St Ste 301, Wenatchee, WA, 98801

NTEE Category

Code: S31 - Community improvement

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