Cedcorp Inc
- Assets
- $11.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Correctionville, IA
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-1986995
Organization Overview
Cedcorp Inc is located in Correctionville, IA. The organization was established in 2012. According to its NTEE Classification (S32) the organization is classified as: Rural 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. Cedcorp Inc 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, Cedcorp Inc generated $86.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 43.2% each year . All expenses for the organization totaled $130.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Jacobs Secretary | 0 | $0 | |
Sandra Castle Treasurer | 0 | $0 | |
Kevern Koskovich Vice Preside | 0 | $0 | |
William Forbes President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $85,577 |
| Total Revenue | $86,077 |
| 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 | $6,278 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $124,314 |
| Total expenses | $130,592 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,276 |
| Other assets | $0 |
| Total assets | $11,276 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,276 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Dairyland Economic Opportunity Council Incorporated Independence, WI | $9,371,395 | $17,670,947 |
Rural America Initiatives Rapid City, SD | $11,020,564 | $7,975,941 |
Missouri Incutech Foundation Rolla, MO | $1,463,624 | $4,973,546 |
Community And Economic Development Associates Chatfield, MN | $1,658,001 | $2,830,781 |
Pulaski County Growth Alliance Saint Robert, MO | $34,130 | $1,396,256 |
New Covenant Community Development Chicago, IL | $1,571,797 | $1,893,496 |
Sharing Our Roots Northfield, MN | $1,750,092 | $967,957 |
Rural Electric Economic Development Inc Madison, SD | $44,957,084 | $2,458,763 |
Native360 Loan Fund Inc Grand Island, NE | $7,395,095 | $2,498,904 |
Door County Economic Development Corporation Sturgeon Bay, WI | $2,581,699 | $998,049 |
South Eastern Development Foundation Sioux Falls, SD | $22,464,210 | $4,520,935 |
Center For Rural Policy And Development Mankato, MN | $628,188 | $663,588 |