Gladstone Economic Betterment Council
- Assets
- $381.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gladstone, MO
- Founding
- 08/1990
- Data as of
- 12/2021
- EIN
- 43-1550694
Organization Overview
Gladstone Economic Betterment Council is located in Gladstone, MO. The organization was established in 1990. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Gladstone Economic Betterment Council is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Gladstone Economic Betterment Council generated $103.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $146.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GLADSTONE ECONOMIC BETTERMENT COUNCIL (GEBC) WAS FORMED FOR THE PRIMARY PURPOSE OF IDENTIFYING HUMAN NEEDS AND CREATING AND MAINTAINING ECONOMIC STABILITY WITHIN THE GLADSTONE COMMUNITY.
Describe the Organization's Program Activity:
Part 3
THE GLADSTONE AMPHITHEATER PROVIDES FREE THEATER TO THE COMMUNITY AND SURROUNDING AREA SERVING APPROXIMATELY 35,000 PEOPLE INCLUDING A 4TH OF JULY EVENT COMPLETE WITH FIREWORKS AND MUSIC. THESE EVENTS GIVE STUDENTS AND CHILDREN OF ALL AGES AN OPPORTUNITY TO PARTICIPATE IN LIVE THEATER. LOCAL THESPIANS AND VOLUNTEERS GATHER TO PUT ON TWO FULL SCALE PRODUCTIONS EACH SUMMER. THE 2018 PRODUCTIONS WERE OKLAHOMA! AND BIG RIVER. PAST PRODUCTIONS HAVE INCLUDED THE WIZARD OF OZ, MARY POPPINS, AND HAIRSPRAY.
THE GLADSTONE COMMUNITY MAGAZINE IS PUBLISHED TWICE A YEAR AND PROVIDED FREE TO THE COMMUNITY IN ORDER TO INFORM THE COMMUNITY OF CITY-RELATED EVENTS, CLASSES, AND CITY REGULATIONS. IT OFFERS A FULL PARKS AND RECREATION GUIDE THAT INCLUDES REGISTRATION INFORMATION FOR SWIM LESSONS, BASEBALL, AND VOLLEYBALL AS WELL AS EVENT PLANNING, FACILITY RENTAL, AND COMMUNITY SPACE. PROGRAMS INCLUDE BOTH YOUTH AND ADULT LEAGUES. THE MAGAZINE ALSO PROVIDES OVER 13,000 HOUSEHOLDS WITH COMMUNITY AND COUNTY CONTACT PHONE NUMBERS AND WEBSITES.
ATKINS-JOHNSON FARM AND MUSEUM AND THE CITY OF GLADSTONE TO PLAN, PLANT AND MAINTAIN A 60' X 60' HERITAGE GARDEN OF VEGETABLES, HERBS AND FLOWERS, ALL PLANTS GROWN BEFORE 1900. IN ADDITION, THE HERITAGE GARDEN INCLUDES RAISED BEDS FOR HERBS, STRAWBERRIES, ASPARAGUS AND OTHER PERENNIALS. THERE IS A 30' X 40' PUMPKIN PATCH AND AN AREA OF 75 APPLE TREES. BEEHIVES ON THE PROPERTY IMPROVE POLLINATION IN THE GARDENS AND ORCHARD. PRODUCE FROM THE GARDENS IS DONATED TO SAINT CHARLES FOOD PANTRY AND SYNERGY SERVICES. MASTER GARDENERS ALSO TEACH GARDENING CLASSES AT THE ANNUAL CHILDREN'S GARDEN DAY AND THE BIG SHOAL COUNTRY FAIR, A DAYLONG EVENT THAT ATTRACTS OVER 1200 VISITORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Les Smith Chair | 0.25 | $0 | |
A Marie Young Vice-Chair | 0.25 | $0 | |
Amy Harlin Treasurer And Secretary | 0.25 | $0 | |
Matt Fritz Board Member | 0.25 | $0 | |
Bob Baer Board Member | 0.25 | $0 | |
Janet Waddell Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,700 |
| Total Program Service Revenue | $29,720 |
| Membership dues | $0 |
| Investment income | $1,276 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,597 |
| Other Revenue | $0 |
| Total Revenue | $103,293 |
| 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 | $46,756 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $23,165 |
| Other expenses | $33,587 |
| Total expenses | $145,988 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $380,970 |
| Other assets | $0 |
| Total assets | $380,970 |
| Total liabilities | $0 |
| Net assets or fund balances | $380,970 |
Grants Awarded
Over the last fiscal year, Gladstone Economic Betterment Council has awarded $24,233 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: To support the annual Northland Christmas Store which provides food for Christmas dinner, personal care items, and toys to needy Clay County families and individuals at no cost. Eligible families are invited to shop at the Christmas Store during the four-day season, selecting gifts for their family members and a food box containing non-perishable items for Christmas dinner. Holiday care packages are also delivered to homebound individuals. | $10,734 |
GLADSTONE POLICE OFFICER ASSOCIATION PURPOSE: To support Shop with a Cop program. Shop with a Cop helps bridge relationships between children and the police. These children are specifically chosen because their families may have experienced prior law-enforcement activity with police -- creating a significant impact on the child. Witnessing the arrest of a loved one can cause many youngsters to harbor strong negative feelings towards law-enforcement. Shop with a Cop presents an opportunity to identify with those children and pair them together with a law-enforcement officer in a positive situation -- shopping for Christmas presents. | $7,929 |
Kansas City, MO PURPOSE: Unrestricted donation from Mayor's Christmas Tree Program. One in 7 children in the Northland of Kansas City go home hungry everyday. In partnership with Harvesters - The Community Food Network, the organization provides these kids with backpacks full of food that keeps them going. It's food that keeps them growing strong. The goal is that no child in the Northland goes hungry. | $5,570 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gladstone Economic Betterment Council has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Commerce Foundation Kansas City, MO PURPOSE: MAYORS CHRISTMAS TREE PROGRAM | $500 |
Endowment Analysis
| Beg. Balance | $25,688 |
| Earnings | $128 |
| Other Expense | $25,816 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iec Hotel Corporation West Des Moines, IA | $103,529,195 | $16,531,928 |
Black Hawk County Gaming Assoc Waterloo, IA | $18,246,475 | $5,898,126 |
World Business Chicago Chicago, IL | $9,302,792 | $9,942,081 |
Enlace Chicago Chicago, IL | $7,912,354 | $9,016,287 |
Carter Street Corporation Chattanooga, TN | $16,714,346 | $6,596,539 |
Enterprise Center Inc Chattanooga, TN | $3,677,488 | $5,998,300 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Metafund Corporation Edmond, OK | $30,699,805 | $2,775,325 |
Far South Cdc Chicago, IL | $4,303,074 | $2,694,787 |
Sfs Development Inc Oklahoma City, OK | $22,888,253 | $6,807,080 |
Enterprise Center Of Johnson County Overland Park, KS | $1,026,412 | $1,656,304 |
Wepower Saint Louis, MO | $83,554 | $1,807,746 |