Worthing Economic Development Corporation
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worthing, SD
- Founding
- 10/2010
- Data as of
- 12/2022
- EIN
- 20-1503707
Organization Overview
Worthing Economic Development Corporation is located in Worthing, SD. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worthing Economic Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Worthing Economic Development Corporation generated $3.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ECONOMIC DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Johansen Chair | 0 | $0 | |
Crystal Jacobson City Representative | 0 | $0 | |
Scott Dewitt Director | 0 | $0 | |
Tara Stubbe Director | 0 | $0 | |
Jeremy Jacobson Director | 0 | $0 | |
Kent Overweg Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,125 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,569 |
| Other assets | $0 |
| Total assets | $19,569 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,569 |