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Webster Area Development Corporation

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

EIN: 460437892 ✦ Webster, SD ✦ Designated as a 501(c)(3)

Overview

What is Webster Area Development Corporation?

The Webster Area Development Corporation, situated in Webster, South Dakota (PO Box 6), is a dedicated nonprofit organization with a mission to stimulate and foster economic growth in Day County. With a modest workforce of one individual, this corporation focuses on promoting and developing economic activities within the region. By doing so, they aim to contribute positively to the local community and its overall development.


Is Webster Area Development Corporation legitimate?

Webster Area Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Webster 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: $24,373

For more financial information, click here


What is the mission statement of Webster Area Development Corporation?
Who is the CEO of Webster Area Development Corporation?
What is the revenue of Webster Area Development Corporation?
Who are the executives of Webster Area Development Corporation and what are their salaries?
Where can I find the form 990 for Webster Area Development Corporation?

Mission Statement of Webster Area Development Corporation

The Webster Area Development Corporation, as its name suggests, is committed to fostering economic growth and activities within Day County. Its mission is geared towards promoting and developing economic ventures in the region, aiming to drive progress and prosperity for the community at large. By taking an active role in this endeavor, the corporation serves as a catalyst for economic development, contributing to a stronger and more vibrant economic landscape in Day County.

Impact

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




Sunday, August 4, 2024

Webster Area Development Corporation's impact is focused on promoting and developing economic activities in Day County, South Dakota. Through its initiatives and programs, the organization plays a crucial role in driving economic growth and improving the overall well-being of the community. By supporting and fostering economic development in the region, Webster Area Development Corporation contributes to creating job opportunities, attracting investments, and enhancing the quality of life for residents in Day County.





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: $958
  • Program Service Revenue: $34,409
  • Gross Receipts: $80,317

    • Assets and Liabilities:
  • Total Assets: $1,663,097
  • Total Liabilities: $446
  • Net Assets: $1,662,651
  • Programs

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

    BUILDING RENT

    Revenue

    $28,850

    LAND RENT

    Revenue

    $5,035

    INTEREST ON RLF

    Revenue

    $524

    Organization Details

    Principal Officer

    Kelly Hanson

    Main Address

    PO BOX 6, WEBSTER, SD, 57274

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Webster 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.