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Crossett Economic Dev Foundation

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

EIN: 710855990 ✦ Crossett, AR ✦ Designated as a 501(c)(3)

Overview

What is Crossett Economic Dev Foundation?

The Crossett Economic Dev Foundation is a nonprofit organization situated in Crossett, Arkansas, at 125 Main Street. With a team of just two dedicated individuals, their primary mission is to foster economic growth for the city of Crossett and its surrounding area. They accomplish this by providing essential development services, aiming to enhance the local economy and create opportunities for the community.


Official website here: www.cityofcrossett.net

Is Crossett Economic Dev Foundation legitimate?

Crossett Economic Dev Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crossett Economic Dev Foundation 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: $137,456

For more financial information, click here


Official website here: www.cityofcrossett.net

What is the mission statement of Crossett Economic Dev Foundation?

The Crossett Economic Development Foundation's mission is to offer economic development services and contribute to the promotion of economic growth within the city of Crossett, Arkansas, and its surrounding area. Their primary goal is to enhance the city's economic development, providing essential services to foster economic growth and prosperity. The foundation's activities aim to stimulate business growth, attract new investments, and create job opportunities, contributing to the overall improvement of the local economy.


Official website here: www.cityofcrossett.net

Who is the CEO of Crossett Economic Dev Foundation?

James Michael Smith is the President of Crossett Economic Dev Foundation.


Official website here: www.cityofcrossett.net

What is the revenue of Crossett Economic Dev Foundation?

Crossett Economic Dev Foundation's revenue in 2022 was $605,801.


Official website here: www.cityofcrossett.net

Who are the executives of Crossett Economic Dev Foundation and what are their salaries?

The average compensation at Crossett Economic Dev Foundation during 2022 was $68,728. There are 2 employees at Crossett Economic Dev Foundation.

Here are 11 key members and their salaries:

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

    • Phil Gilmore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Knight (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal Marshall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toyce Newton (Borad Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Pevy (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Reed (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Rushing (Secretary/ T) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mandy Vicers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Walsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Michael Smith (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cityofcrossett.net

    Where can I find the form 990 for Crossett Economic Dev Foundation?

    The Crossett Economic Dev Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cityofcrossett.net

    Learn more at the official website: www.cityofcrossett.net

    Mission Statement of Crossett Economic Dev Foundation

    The Crossett Economic Development Foundation, as its name suggests, is dedicated to providing economic development services. Its primary mission is to support and promote the economic growth of the city of Crossett, Arkansas, and the surrounding area. This nonprofit organization aims to contribute to the city's economic development in various ways, working tirelessly to enhance its economic landscape.

    Impact

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




    Wednesday, July 24, 2024

    Crossett Economic Dev Foundation's impact is evident in its efforts to provide economic development services to the city of Crossett, Arkansas, and promote the overall economic growth of the city and the surrounding area. Through its dedicated work, the foundation plays a vital role in enhancing the community's economic well-being, fostering local businesses, and creating opportunities for sustainable growth. Its commitment to promoting economic development contributes to the overall improvement of the community and helps to build a stronger and more prosperous future for Crossett and its residents.





    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: $-4,151
  • Program Service Revenue: $428,914
  • Gross Receipts: $636,150

    • Assets and Liabilities:
  • Total Assets: $2,370,204
  • Total Liabilities: $458,704
  • Net Assets: $1,911,500
  • Programs

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

    SALES TAX REVENUES

    Revenue

    $428,914

    Organization Details

    Founding Year

    2000

    Principal Officer

    James Michael Smith

    Main Address

    125 MAIN STREET, CROSSETT, AR, 71635

    NTEE Category

    Code: S30 - Community improvement

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