Elgin Community Betterment Inc

Organization Overview

Elgin Community Betterment Inc is located in Elgin, ND. The organization was established in 1989. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Elgin Community Betterment Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2016, Elgin Community Betterment Inc generated $42.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (28.2%) each year. All expenses for the organization totaled $49.5k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (25.8%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2016

Describe the Organization's Program Activity:

Part 3

PROMOTE THE COMMON ECONOMIC INTEREST OF BUSINESSES IN TRADE AREA BY EXPANSION OR DEVELOPMENT OF BUSINESSES AND ASSISTING IN PROMOTION OF ALL PRODUCTS AND SERVICES IN TRADE AREA


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$12,711
Total Program Service Revenue$21,651
Membership dues$1,850
Investment income $372
Gain or Loss$0
Net Income from Gaming & Fundraising$5,523
Other Revenue$0
Total Revenue$42,297

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