Hermann Regional Economic Development Corporation

Organization Overview

Hermann Regional Economic Development Corporation is located in Hermann, MO. The organization was established in 2013. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Hermann Regional Economic Development Corporation 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 06/2018, Hermann Regional Economic Development Corporation generated $1.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $419.0 during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (64.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.