Cape Girardeau Area Industrial Recruitment Association

Organization Overview

Cape Girardeau Area Industrial Recruitment Association, operating under the name Semo Redi, is located in Cape Girardeau, MO. The organization was established in 1994. 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. Semo Redi 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 12/2023, Semo Redi generated $365.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $153.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ECONOMIC AND COMMUNITY DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SERVES THE GREATER CAPE GIRARDEAU, MO AREA. AS THE ORGANIZATION HAS DEVELOPED THE INDUSTRIAL AREA, BETTER JOBS, MORE JOBS, AND COMMUNITY INVOLVEMENT HAVE EVOLVED.


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Board, Officers & Key Employees

Name (title)Compensation
Dwain Hahs
Chair
$0
Tim Goodman
Sec/treasurer
$0
Scott Crader
Officers: Incoming Chair
$0
Adrienne Henry
Partner
$0
Clint Tracy
Partner
$0
Dustin Whitworth
Partner
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $50,000
All other contributions, gifts, grants, and similar amounts not included above$314,880
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$364,880
Total Program Service Revenue$0
Investment income $398
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 $365,379

Grants Awarded

Over the last fiscal year, Cape Girardeau Area Industrial Recruitment Association has awarded $120,000 in support to 2 organizations.

Grant RecipientAmount

CODEFI FOUNDATION ON RURAL INNOVATION

PURPOSE: ASSIST WITH PROGRAM TO HELP NEW BUSINESS DEVELOPMENT.

$50,000

TRANSAMERICA CORRIDOR INC

PURPOSE: FUNDS TO IMPROVE TRANSPORTATION TO AREA

$70,000
View Grant Profile

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