Grenora Regional Economic Development
- Assets
- $7.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grenora, ND
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 45-0432603
Organization Overview
Grenora Regional Economic Development is located in Grenora, ND. The organization was established in 1994. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grenora Regional Economic Development is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Grenora Regional Economic Development generated $12.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $8.8k during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
ECONOMIC DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Enander President | 0 | $0 | |
Trevor Swenson Vice-President | 0 | $0 | |
Stacy Nelson Director | 0 | $0 | |
Scott Kueffler Director | 0 | $0 | |
Jennifer Mcnamara Manager | 1 | $0 | |
Erin Lundby Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,439 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,939 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,900 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,467 |
| Other expenses | $0 |
| Total expenses | $8,817 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,194 |
| Other assets | $0 |
| Total assets | $7,194 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,194 |