El Dorado Inc

Organization Overview

El Dorado Inc is located in El Dorado, KS. The organization was established in 1985. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. El Dorado Inc 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 12/2023, El Dorado Inc generated $148.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $194.7k 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

EL DORADO, INC. SERVES AS A CATALYST TO STIMULATE ECONOMIC OPPORTUNITIES IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FURTHERING COMMUNITY ECONOMIC DEVELOPMENT, AND PROMOTING AND ASSISTING THE GROWTH, RETENTION, AND DEVELOPMENT OF BUSINESS CONCERNS THROUGH INCREASED EMPLOYMENT, PAYROLL, BUSINESS VOLUME, HOUSING STARTS, AND SIMILAR FACTORS FOR THE EL DORADO AREA AND ITS ENVIRONMENTS


INVESTING ASSETS IN EL DORADO, KANSAS, WITH THE INTENTION TO SELL PROPERTY TO A PROSPECT OR PROSPECTS INTERESTED IN INDUSTRIAL DEVELOPMENT OR OTHER SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
Shannon Beal
President
$0
Ben Whiteside
Vice President
$0
Vince Haines
Secretary
$0
Ryan Liess
Treasurer
$0
Joe Goedert
Past President
$0
Mark Utech
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$51,050
Fundraising events$0
Related organizations$0
Government grants $89,150
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$140,200
Total Program Service Revenue$0
Investment income $8,522
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 $148,722

Peer Organizations

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St Louis Association Of Realtors
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Wichita Regional Chamber Of Commerce Inc
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Builders Association Of Metropolitan Tulsa Inc
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Denver South Economic Development Partnership
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National Elevator Industry Inc
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St Joseph Area Chamber Of Commerce
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$1,976,740
Oklahoma Association Of Realtors
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Colorado Technology Association
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$2,131,092
Ypo Inc
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$1,718,154
League Of Nebraska Municipalities
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$2,445,681
Hutchinson Chamber Of Commerce Inc
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