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Moundsville Economic Development Council Inc

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

EIN: 550737283 ✦ Moundsville, WV ✦ Designated as a 501(c)(3)

Overview

What is Moundsville Economic Development Council Inc?

The Moundsville Economic Development Council Inc, situated in Moundsville, West Virginia, is a nonprofit organization dedicated to fostering business growth and community development. Their primary mission involves promoting economic progress, and they achieve this through various activities. These include actively encouraging tourism by offering guided tours of the historic, National Landmark, the former West Virginia State Penitentiary. This attraction attracts visitors from around the globe, contributing positively to the local economy. Besides tourism, the council also provides facilities for rental and organizes special events. With a workforce of 62 individuals, they are committed to enhancing Moundsville's economic landscape.


Official website here: www.wvpentours.com

Is Moundsville Economic Development Council Inc legitimate?

Moundsville Economic Development Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moundsville Economic Development Council Inc 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: $316,742

For more financial information, click here


Official website here: www.wvpentours.com

What is the mission statement of Moundsville Economic Development Council Inc?

The Moundsville Economic Development Council Inc was established with a mission to foster business growth and economic development. Their activities encompass the promotion of tourism, organizing special events, and renting out facilities. One of their notable initiatives is operating the closed former West Virginia State Penitentiary for tours, which is a national landmark. These tours not only attract tourists but also contribute to the local economy as visitors come from various parts of the world to explore the historic building.


Official website here: www.wvpentours.com

Who is the CEO of Moundsville Economic Development Council Inc?

Thomas Stiles is the Vice President of Moundsville Economic Development Council Inc.


Official website here: www.wvpentours.com

What is the revenue of Moundsville Economic Development Council Inc?

Moundsville Economic Development Council Inc's revenue in 2022 was $668,828.


Official website here: www.wvpentours.com

Who are the executives of Moundsville Economic Development Council Inc and what are their salaries?

The average compensation at Moundsville Economic Development Council Inc during 2022 was $5,109. There are 62 employees and 18 volunteers at Moundsville Economic Development Council Inc.

Here are 12 key members and their salaries:

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

    • Karen Baker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Grisell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • George Bamberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Logsdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosalyn Rhodes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Coffield (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Cochran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eugene Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carole Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wvpentours.com

    Where can I find the form 990 for Moundsville Economic Development Council Inc?

    The Moundsville Economic Development Council Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wvpentours.com

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

    Mission Statement of Moundsville Economic Development Council Inc

    The Moundsville Economic Development Council Inc, established with a primary purpose, aims to foster business growth and economic development. This nonprofit organization undertakes various activities to accomplish its mission, including the promotion of tourism, facility rentals, and organizing special events. One of its notable initiatives involves operating the closed former West Virginia State Penitentiary as a tourist attraction. This historic building, recognized as a national landmark, draws visitors from around the globe, enhancing the local economy as tourists flock to see its historic charm. The tours not only promote tourism but also contribute to the council's objective of driving economic development.

    Impact

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




    Wednesday, July 24, 2024

    The Moundsville Economic Development Council Inc has had a significant impact in promoting business development and economic growth in the city of Moundsville, West Virginia. One of their key initiatives is operating the closed former West Virginia State Penitentiary for tours, a building listed as a national landmark. These tours not only attract visitors from around the world, boosting tourism in the area, but also contribute to the local economy by generating revenue and creating opportunities for local businesses. Additionally, the Council's efforts in facility rental and organizing special events further enhance community engagement and support economic development. Overall, the Moundsville Economic Development Council Inc plays a crucial role in fostering community improvement and advancing economic prosperity in Moundsville.





    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: $350
  • Program Service Revenue: $559,314
  • Gross Receipts: $746,068

    • Assets and Liabilities:
  • Total Assets: $759,974
  • Total Liabilities: $26,171
  • Net Assets: $733,803
  • Programs

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

    TOURS OF FORMER WV PENITENTIARY

    Revenue

    $559,314

    Organization Details

    Founding Year

    1996

    Principal Officer

    Thomas Stiles

    Main Address

    818 JEFFERSON AVENUE, MOUNDSVILLE, WV, 26041

    NTEE Category

    Code: S20 - Community improvement

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