Overview
What is Worth County Development Authority?
The Worth County Development Authority is a nonprofit organization situated in Northwood, Iowa, specifically at 91 8th Street North, 50459. Its primary mission is to manage and distribute the community's portion of gaming revenue, as stipulated by Iowa Code Section 99F. This revenue is then utilized for the development of Worth County, Iowa. The organization employs a team of three individuals, dedicated to fulfilling this crucial role in their community.
Official website here: www.wcdasite.com
Is Worth County Development Authority legitimate?
Worth County Development Authority is a legitimate nonprofit organization registered as a 501(c)(4) entity. Worth County Development Authority 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: $115,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,241
For more financial information, click here
Official website here: www.wcdasite.com
What is the mission statement of Worth County Development Authority?
The Worth County Development Authority's mission is centered around managing and utilizing gaming revenue for the betterment of its community. In accordance with Iowa Code Section 99F, their primary objective is to administer this revenue for the development of Worth County, Iowa. They establish procedures and oversee a granting process to distribute funds as required under the aforementioned code section. Essentially, their role is to ensure the community benefits from gaming revenues in a structured and effective manner.
Official website here: www.wcdasite.com
Who is the CEO of Worth County Development Authority?
Steve Arnold is the Cfo of Worth County Development Authority.
Official website here: www.wcdasite.com
What is the revenue of Worth County Development Authority?
Worth County Development Authority's revenue in 2022 was $6,157,684.
Official website here: www.wcdasite.com
Who are the executives of Worth County Development Authority and what are their salaries?
The average compensation at Worth County Development Authority during 2022 was $42,894. There are 3 employees at Worth County Development Authority.
Here are 10 key members and their salaries:
- Compensation: $98,642
- Related: $0
- Other: $16,800
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.wcdasite.com
Where can I find the form 990 for Worth County Development Authority?
Worth County Development Authority's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wcdasite.com
Learn more at the official website: www.wcdasite.com
Mission Statement of Worth County Development Authority
The Worth County Development Authority, as stated in Iowa Code Section 99F, is a nonprofit organization with a mission to oversee and manage the community portion of gaming revenue. Their primary objective is to utilize this revenue for the development of Worth County, Iowa, adhering to the guidelines set forth in the aforementioned code section. To accomplish this, the authority establishes procedures and implements a granting process, ensuring that the community benefits efficiently from the gaming revenue. This mission aims to contribute to the overall growth and improvement of Worth County.
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Impact
October, 2024
The Worth County Development Authority plays a crucial role in the economic and community development of Worth County, Iowa, by effectively managing the community portion of gaming revenue. This revenue is vital for funding various projects and initiatives that enhance the quality of life for residents.
By establishing procedures and implementing a clear granting process, the Authority ensures that funds are allocated efficiently and transparently, adhering to Iowa Code Section 99F. This structured approach enables local organizations and initiatives to receive much-needed financial support for projects that foster growth and development within the community.
The impact of the Worth County Development Authority extends to various aspects of community life, including education, public services, infrastructure improvements, and recreational opportunities. By channeling gaming revenues into these essential areas, the Authority contributes significantly to the sustainability and vitality of Worth County, making it a better place for its residents to live and thrive.
This information is meant to be a general summary of Worth County Development Authority. 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: $79,343
- Gross Receipts: $6,157,684
Assets and Liabilities:
- Total Assets: $8,240,749
- Total Liabilities: $3,814
- Net Assets: $8,236,935
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Organization Details
Founding Year
2003
Phone
(641) 324-1618Principal Officer
Steve Arnold
Main Address
91 8TH STREET NORTH, NORTHWOOD, IA, 50459
Website
www.wcdasite.comNTEE Category
Code: T12 - Philanthropy
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