Divide County Economic Development Council Inc is located in Crosby, ND. The organization was established in 1990. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Divide County Economic Development Council 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, Divide County Economic Development Council Inc generated $95.4k in total revenue. All expenses for the organization totaled $8.4k during the year ending 12/2016. While expenses have increased by 80.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
TO FOSTER ECONOMIC DEVELOPMENT AS A THINK TANK AND BUSINESS INCUBATOR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Simonson President | 5 | $0 | |
Keith Olson Vice President | 5 | $0 | |
Erin Vassen Secretary | 5 | $0 | |
Sue Jacobson Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,720 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $92,700 |
Total Revenue | $95,420 |
Statement of Expenses | |
---|---|
Total expenses | $8,410 |
Balance Sheet | |
---|---|
Total assets | $183,403 |
Total liabilities | $0 |
Net assets or fund balances | $183,403 |
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