Appanoose Economic Development Corp

Organization Overview

Appanoose Economic Development Corp is located in Centerville, IA. The organization was established in 1987. 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. Appanoose Economic Development Corp 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 12/2020, Appanoose Economic Development Corp generated $90.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $588.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST IN QUALITY JOB CREATION THAT WILL SERVE TO INCREASE BOTH THE ECONOMIC VITALITY OF THE AREA AND THE QUALITY OF LIFE ENJOYED BY THE RESIDENCE OF THE COUNTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

-ASSISTED LOCAL BUSINESSES WITH EXPANSION PLANS. -PROMOTED APPANOOSE COUNTY AND ITS RESOURCES TO BUISNESES LOOKING TO EXPAND. -RECOGNZED LOCAL BUSINESSES FOR THEIR CONTRIBUTIONS TO THE COMMUNITY.


-ASSISTED LOCAL BUSINESSES WITH EXPANSION PLANS. -PROMOTED APPANOOSE COUNTY AND ITS RESOURCES TO BUISNESES LOOKING TO EXPAND. -RECOGNZED LOCAL BUSINESSES FOR THEIR CONTRIBUTIONS TO THE COMMUNITY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jay Dillard
Secretary
$0
Rod Glosser
President
$0
Brett Mihalovich
Treasurer
$0
Noel Gorden
Vice Preside
$0
Doc Sokol
Director
$0
Tom Rubel
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$14,450
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$50,937
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$65,387
Total Program Service Revenue$0
Investment income $24,759
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $90,146

Grants Awarded

Over the last fiscal year, Appanoose Economic Development Corp has awarded $567,893 in support to 2 organizations.

Grant RecipientAmount

CENTERVILLE AREA CHAMBER OF COMMERC

Org PageRecipient Profile

Centerville, IA

PURPOSE: MERGER

$557,893

INDIAN HILLS COMMUNITY COLLEGE

PURPOSE: TECHNOLOGY

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Appanoose Economic Development Corp has recieved totaling $11,000.

Awarding OrganizationAmount
Appanoose Industrial Corporation

Centerville, IA

PURPOSE: DIRECTOR'S WAGES

$11,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or