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Mitchell Area Development Corporation

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

EIN: 460394983 ✦ Mitchell, SD ✦ Designated as a 501(c)(3)

Overview

What is Mitchell Area Development Corporation?

The Mitchell Area Development Corporation is a nonprofit organization situated in Mitchell, South Dakota, with a mission to foster economic growth in the region. They accomplish this by providing financial support to attract various businesses to the Mitchell area. This strategic move aims to generate new employment opportunities and strengthen the local economy. The organization has also acquired land for future prospects and commercial buildings to lease to tenants, contributing to the region's commercial development.


Official website here: www.mitchellsd.org

Is Mitchell Area Development Corporation legitimate?

Mitchell Area Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mitchell Area Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,974

For more financial information, click here


Official website here: www.mitchellsd.org

What is the mission statement of Mitchell Area Development Corporation?

The Mitchell Area Development Corporation is dedicated to fostering economic growth. Their primary objective is to promote economic development within their operational area. To achieve this, they provide financial assistance to attract various businesses, thereby creating new job opportunities and enhancing the local economy. The organization has also acquired land for future prospects and buildings to lease to commercial tenants, further contributing to the economic development of the area.


Official website here: www.mitchellsd.org

Who is the CEO of Mitchell Area Development Corporation?

Geri Beck is the Exec Director of Mitchell Area Development Corporation.


Official website here: www.mitchellsd.org

What is the revenue of Mitchell Area Development Corporation?

Mitchell Area Development Corporation's revenue in 2022 was $530,993.


Official website here: www.mitchellsd.org

Who are the executives of Mitchell Area Development Corporation and what are their salaries?

Here are 18 key members and their salaries:

    Geri Beck (Exec Director)
  • Compensation: $0
  • Related: $76,050
  • Other: $0

    • Ken Schlimgen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Sternhagen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Pitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Glanzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Everson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Graves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Claggett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Austen Iverson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Theresa Kriese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Stoebner (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Bottum (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trevor Dierks (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Echern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mitchellsd.org

    Where can I find the form 990 for Mitchell Area Development Corporation?

    The Mitchell Area Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mitchellsd.org

    Learn more at the official website: www.mitchellsd.org

    Mission Statement of Mitchell Area Development Corporation

    The Mitchell Area Development Corporation, a nonprofit organization, is dedicated to fostering economic growth in its vicinity. Its primary mission is to promote economic development within the Mitchell area. To achieve this goal, the corporation undertakes various program services that aim to attract different businesses to the region. By recruiting businesses, the organization hopes to create new job opportunities and enhance the local economic base. The organization also plays a role in providing funding, securing land for future prospects, and acquiring buildings to lease to commercial tenants. These initiatives contribute to the overall economic development of the Mitchell area, ultimately benefiting the local community.

    Impact

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




    Wednesday, July 24, 2024

    Mitchell Area Development Corporation plays a crucial role in promoting economic development in the Mitchell, SD area. Through its program services, the organization actively works to recruit various businesses to the region with the aim of creating new jobs and enhancing the local economic base. The organization's efforts include acquiring land for future development opportunities and procuring buildings to lease to commercial tenants. By focusing on community improvement and fostering economic growth, Mitchell Area Development Corporation positively impacts the local economy and contributes to the overall prosperity of the region.





    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: $41,805
  • Program Service Revenue: $0
  • Gross Receipts: $676,075

    • Assets and Liabilities:
  • Total Assets: $4,367,187
  • Total Liabilities: $315,262
  • Net Assets: $4,051,925
  • Organization Details

    Founding Year

    1985

    Principal Officer

    Geri Beck

    Main Address

    601 N MAIN ST, MITCHELL, SD, 57301

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Mitchell Area Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.