Overview
What is Heppner Economic Development Corp?
Heppner Economic Development Corp Dba Willow Cr Valley Economic Dev Group is a nonprofit organization based in Heppner, Oregon. Their primary mission is to enhance their service area's environment by providing community enhancement grants to various groups, organizations, and municipalities. This organization actively encourages and supports the retention and expansion of existing businesses in Heppner, Lexington, and Ione, Oregon, contributing to economic growth in these local communities. Furthermore, they promote workforce housing as a tool for economic development, offering housing opportunities and engaging in direct rental housing development.
Official website here: www.heppnerchamber.com/economic-dev
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Heppner Economic Development Corp demonstrates a fair level of accountability and financial health, there are areas that could be improved to enhance overall effectiveness and transparency.
The organization scores particularly well in governance aspects, with a fully independent board and strong policies in place, reflected by perfect scores in areas such as conflict of interest policy and documentation of board meeting minutes. Additionally, it maintains a low liabilities to assets ratio, ensuring financial stability, and boasts a high program expense ratio, indicating that a significant portion of its funds is directed towards its programs.
However, despite these strengths, the overall rating suggests that there may be room for improvement in certain operational aspects. A Two-Star rating implies that stakeholders should consider looking for ways the organization can enhance its performance and impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Heppner Economic Development Corp legitimate?
Heppner Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heppner 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: $0
For more financial information, click here
Official website here: www.heppnerchamber.com/economic-dev
What is the mission statement of Heppner Economic Development Corp?
The mission of Heppner Economic Development Corp Dba Willow Cr Valley Economic Dev Group is centered around fostering and strengthening the presence of existing businesses in specific areas, specifically Heppner, Lexington, and Ione, Oregon. Their objective is to stimulate economic growth within these local communities. Additionally, they emphasize the importance of workforce housing as a means to stimulate economic development, implementing both housing opportunities and direct rental housing development strategies. The organization also extends community enhancement grants to various groups, organizations, and municipalities to enhance the overall environment of their service area.
Official website here: www.heppnerchamber.com/economic-dev
Who is the CEO of Heppner Economic Development Corp?
Kim Cutsforth is the Chair of Heppner Economic Development Corp.
Official website here: www.heppnerchamber.com/economic-dev
What is the revenue of Heppner Economic Development Corp?
Heppner Economic Development Corp's revenue in 2022 was $597,359.
Official website here: www.heppnerchamber.com/economic-dev
Who are the executives of Heppner Economic Development Corp and what are their salaries?
There 8 volunteers at Heppner Economic Development Corp.
Here are 5 key members and their salaries:
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Official website here: www.heppnerchamber.com/economic-dev
Where can I find the form 990 for Heppner Economic Development Corp?
Heppner Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heppnerchamber.com/economic-dev
Learn more at the official website: www.heppnerchamber.com/economic-dev
Mission Statement of Heppner Economic Development Corp
Heppner Economic Development Corp Dba Willow Cr Valley Economic Dev Group is a dedicated organization with a mission to encourage and support the retention and expansion of existing businesses in the Heppner, Lexington, and Ione, Oregon areas. This nonprofit also aims to foster economic growth in these local communities. Beyond business, Heppner Economic Development Corp Dba Willow Cr Valley Economic Dev Group promotes workforce housing as a tool for economic development. They achieve this through the provision of housing opportunities and direct rental housing development. This unique approach recognizes the crucial role of adequate housing in attracting and retaining a skilled workforce, thereby boosting the local economy. The organization demonstrates its commitment to community enhancement by granting various amounts to a wide range of groups, organizations, and municipalities, with the ultimate goal of improving the environment within its service area.
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Impact
July, 2024
Heppner Economic Development Corp Dba Willow Cr Valley Economic Dev Group's impact is felt through its efforts to encourage and support the retention and expansion of existing businesses in the Heppner, Lexington, and Ione areas of Oregon. By promoting economic growth in these local communities, the organization plays a crucial role in fostering a vibrant business environment and creating opportunities for sustainable development.
Additionally, the organization's focus on promoting workforce housing as a tool for economic development through housing opportunities and direct rental housing development further contributes to the overall economic well-being of the region. This strategic approach to community enhancement not only supports businesses but also benefits residents by providing access to affordable housing options.
Through initiatives such as community enhancement grants to various groups, organizations, and municipalities, Heppner Economic Development Corp Dba Willow Cr Valley Economic Dev Group actively works to improve the environment and quality of life in its service area. By championing projects that enhance the community, the organization helps create a more conducive and attractive setting for businesses, residents, and visitors alike.
This information is meant to be a general summary of Heppner 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$179,305
- Program Service Revenue: $21,306
- Gross Receipts: $1,762,441
Assets and Liabilities:
- Total Assets: $1,572,419
- Total Liabilities: $2,950
- Net Assets: $1,569,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$21,306
Organization Details
Founding Year
2006
Phone
(541) 676-9228Principal Officer
Kim Cutsforth
Main Address
PO BOX 14, HEPPNER, OR, 97836
NTEE Category
Code: S300 - Community improvement
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