Gretna Economic Development Assn Ltd

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

EIN: 721231534 ✦ Gretna, LA ✦ Designated as a 501(c)(3)

Overview

What is Gretna Economic Development Assn Ltd?

Gretna Economic Development Association Limited, located at 327 Huey P Long Avenue, Gretna, Louisiana 70053, is a nonprofit organization dedicated to enhancing the business environment within the City of Gretna. Their primary mission is to foster business growth and facilitate the establishment of new enterprises within the city. As part of their activities, they organize the Gretna Heritage Festival in the city's historic downtown area, offering a variety of food from local non-profits and restaurants, as well as selling crafts created by local artisans. The festival features entertainment from both local and renowned bands and performers. With a team of 28 employees, Gretna Economic Development Association Limited plays a significant role in promoting and supporting the local business community.


Is Gretna Economic Development Assn Ltd legitimate?

Gretna Economic Development Assn Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gretna Economic Development Assn Ltd 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: $79,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Gretna Economic Development Assn Ltd?
Who is the CEO of Gretna Economic Development Assn Ltd?
What is the revenue of Gretna Economic Development Assn Ltd?
Who are the executives of Gretna Economic Development Assn Ltd and what are their salaries?
Where can I find the form 990 for Gretna Economic Development Assn Ltd?

Mission Statement of Gretna Economic Development Assn Ltd

Gretna Economic Development Association Ltd, as a nonprofit organization, is dedicated to enhancing the business climate within the City of Gretna. Its primary objective is to serve as a catalyst for the growth of new businesses within the city. By undertaking this mission, the association aims to contribute to the overall development and prosperity of the city's business sector.

To achieve its goals, Gretna Economic Development Association Ltd organizes events and initiatives that promote local businesses. One such event is the annual Gretna Heritage Festival, which takes place in the city's historic downtown area. During this festival, food is sold by various non-profit organizations and local restaurants in Gretna. Additionally, crafts made by local artisans are available for purchase, providing an opportunity for both visitors and residents to support local businesses. Entertainment at the festival is provided by both local and nationally recognized bands and performers, attracting a wide audience and boosting the city's business environment.

By organizing events like the Gretna Heritage Festival, Gretna Economic Development Association Ltd plays an essential role in promoting the city's business climate and assisting in the development of new businesses. Through its activities, the association helps to create a vibrant and thriving business environment, ultimately contributing to the overall growth and prosperity of the City of Gretna.

Impact

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




Saturday, July 20, 2024

Gretna Economic Development Assn Ltd's impact is significant in the City of Gretna, Louisiana. Through its efforts to improve the business climate and support the development of new businesses, the organization plays a vital role in fostering economic growth and prosperity within the community. One notable initiative is the Gretna Heritage Festival held in Historic Downtown Gretna, which not only showcases local and national talent but also provides a platform for other nonprofits and businesses to promote their offerings. By organizing events like these and supporting local businesses, the association contributes to the overall community improvement and vibrancy of Gretna.





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: $4,553
  • Program Service Revenue: $2,268,380
  • Gross Receipts: $5,174,158

    • Assets and Liabilities:
  • Total Assets: $362,600
  • Total Liabilities: $526,556
  • Net Assets: -$163,956
  • Programs

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

    Lundi Gras Income

    Revenue

    $3,042

    Farmers Market Income

    Revenue

    $61,288

    Art Walk Income

    Revenue

    $3,970

    Gretna Fest Income

    Revenue

    $2,200,080

    Organization Details

    Founding Year

    1992

    Principal Officer

    Kevin Avery

    Main Address

    327 Huey P Long Avenue, Gretna, LA, 70053

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Gretna Economic Development Assn Ltd 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.