Logan County Economic Development Corporation
Logan County Economic Development Corporation
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About this organization
Mission
The organization is responsible for economic development activities that includes business recruitment, retention and expansion, and related infrastructure development.
About
Strengthens the economy through retention & expansion of existing businesses, newbusiness recruitment, resources point of contact and development of needed infrastructure like housing and workforce. Developed a co-working space in 2019 to provide flexible work space for businesses, freelancers, and remote workers. Hosted 3rd annual MFG/CTE Day connecting 130 high school students with manufacturers and other technical trade businesses. Hosted year 1 of 5 for an entrepreneurship course.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “The organization is responsible for economic development activities that includes business recruitment, retention and expansion, and related infrastructure development.”.
When referring to its actions, they were outlined as: “The organization is responsible for economic development activities that includes business recruitment, retention and expansion, and related infrastructure development.”.
- The non-profit's address in 2020 is noted in the filing as PO BOX 72, STERLING, CO, 80751.
- The non-profit's form for 2020 reports a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $51,373.
- The CEO compensation package within the organization is not established through a review and approval by a neutral party.
- The organization has 14 independent voting members.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $117,983 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
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