Platte County Economic Development Corp
- Assets
- $507.1k
- Revenue
- $79.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Wheatland, WY
- Founding
- 09/1994
- Data as of
- 06/2023
- EIN
- 83-0297024
Organization Overview
Platte County Economic Development Corp is located in Wheatland, WY. The organization was established in 1994. 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. Platte County Economic Development Corp 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 06/2023, Platte County Economic Development Corp generated $79.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $78.0k during the year ending 06/2023. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROMOTE QUALITY GROWTH BY MOBILIZING HUMAN, PHYSICAL, NATURAL AND CAPITAL RESOURCES TO PRODUCE MARKETABLE GOODS AND SERVICES IN A WAY THAT MAKES PLATTE COUNTY A DESIRABLE PLACE TO LIVE. WE ARE THE PRIMARY RESOURCE IN OUR REGION FOR BUSINESS INFORMATION AND FOR THOSE WISHING TO START, EXPAND OR RELOCATE A BUSINESS IN THE PLATTE COUNTY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCING THE QUALITY OF LIFE THROUGH STRENGTHENING BUSINESS & CREATING ADDITIONAL QUALITY EMPLOYMENT OPPORTUNITIES BY ACTIVELY MARKETING OUR RESOURCES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brook Brockman Treasurer | OfficerTrustee | 2 | $0 |
Jeff Brown Board Member | Trustee | 0.5 | $0 |
Robby Cain Board Member | Trustee | 0.5 | $0 |
Becky Condie Board Member | Trustee | 0.5 | $0 |
Justin Gentle Board Member | Trustee | 0.5 | $0 |
Hans Goering Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $47,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,124 |
| Total Program Service Revenue | $5,955 |
| Investment income | $4,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,367 |
| 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 | $78,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,538 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $695 |
| Office expenses | $302 |
| Information technology | $644 |
| Royalties | $0 |
| Occupancy | $8,860 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,282 |
| Interest | $314 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,880 |
| All other expenses | $3,548 |
| Total functional expenses | $78,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,228 |
| Savings and temporary cash investments | $229,921 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $24,700 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $242,292 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $507,141 |
| Accounts payable and accrued expenses | $656 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $656 |
| Net assets without donor restrictions | $383,209 |
| Net assets with donor restrictions | $123,276 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $507,141 |