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Community Economic Development Associates

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

EIN: 411560462 ✦ Chatfield, MN ✦ Designated as a 501(c)(3)

Overview

What is Community Economic Development Associates?

Community Economic Development Associates (CEDA) is a nonprofit organization based in Chatfield, Minnesota. With a team of 52 professionals, their mission is to empower people and communities in rural areas to shape their economic futures. They offer rehabilitation grant assistance and business and economic development aid to 40 communities and 7 counties within Minnesota, Iowa, and Wisconsin. This encompasses assisting in grant and loan applications for local businesses and government infrastructure, as well as coordinating cooperative efforts between communities and businesses. CEDA serves as a locally governed support team, providing expertise and capacity building for rural economic regeneration and revitalization.


Official website here: www.cedausa.com

Is Community Economic Development Associates legitimate?

Community Economic Development Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Economic Development Associates 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.

Here are some key statistics you may want to consider:

Executive Compensation: $151,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,043,795

For more financial information, click here


Official website here: www.cedausa.com

What is the mission statement of Community Economic Development Associates?

Community Economic Development Associates (CEDA) is an organization aimed at assisting individuals and communities in rural areas to take charge of their economic futures. Serving 40 communities and seven counties, CEDA functions as a team of community and economic development experts, offering capacity building for economic regeneration and revitalization. The organization provides grant and loan application assistance for local businesses and infrastructure projects, and facilitates cooperative efforts among communities and businesses within Minnesota, Iowa, and Wisconsin. CEDA's mission is to empower rural communities to shape their economic destiny, fostering sustainable growth and development.


Official website here: www.cedausa.com

Who is the CEO of Community Economic Development Associates?

Ron Zeigler is the Director of Community Economic Development Associates.


Official website here: www.cedausa.com

What is the revenue of Community Economic Development Associates?

Community Economic Development Associates's revenue in 2022 was $2,607,909.


Official website here: www.cedausa.com

Who are the executives of Community Economic Development Associates and what are their salaries?

The average compensation at Community Economic Development Associates during 2022 was $42,217. There are 52 employees at Community Economic Development Associates.

Here are 9 key members and their salaries:

    Ron Zeigler (Exectuive Director)
  • Compensation: $138,730
  • Related: $0
  • Other: $12,767

    • Chris Gastner (Key Employee)
  • Compensation: $104,467
  • Related: $0
  • Other: $0

    • Brian Krambeer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dwayne Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Sparks (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmie-John King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becca Sell (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael P Tuohy (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Mccarville (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cedausa.com

    Where can I find the form 990 for Community Economic Development Associates?

    The Community Economic Development Associates’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cedausa.com

    Learn more at the official website: www.cedausa.com

    Mission Statement of Community Economic Development Associates

    Community Economic Development Associates (CEDA) is a locally governed team of community and economic development professionals, committed to aiding people and communities in rural areas in gaining control over their economic destinies. The organization's mission is to offer expertise and capacity building services for the regeneration and revitalization of rural economies. CEDA provides assistance in several capacities, including rehabilitation grant assistance and business and economic development support to 40 communities and 7 counties. The team assists in the application process for grants and loans for local businesses and government infrastructure, and coordinates various cooperative efforts between communities and businesses within Minnesota, Iowa, and Wisconsin. In essence, CEDA works towards empowering rural communities to take charge of their economic growth and development.

    Impact

    This information is meant to be a general summary of Community Economic Development Associates. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Community Economic Development Associates has had a significant impact on rural communities in Minnesota, Iowa, and Wisconsin. By providing rehabilitation grant assistance, business and economic development assistance, and helping with applications for grants and loans, CEDA has empowered 40 communities and 7 counties to control their own economic destinies. Through facilitating cooperative efforts between communities and businesses, CEDA has played a key role in promoting economic regeneration and revitalization in rural areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $7,868
  • Program Service Revenue: $2,400,837
  • Gross Receipts: $2,607,909

    • Assets and Liabilities:
  • Total Assets: $1,428,858
  • Total Liabilities: $180,089
  • Net Assets: $1,248,769
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GRANT ASSISTANCE FEES

    Revenue

    $2,400,837

    Organization Details

    Founding Year

    1986

    Principal Officer

    Ron Zeigler

    Main Address

    PO BOX 483-1500 S HWY 52, CHATFIELD, MN, 55923

    NTEE Category

    Code: S32Z - Community improvement

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