Sedgwick County Economic Development Corporation
- Assets
- $436.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Julesburg, CO
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 84-1004883
Organization Overview
Sedgwick County Economic Development Corporation is located in Julesburg, CO. The organization was established in 2015. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Sedgwick County Economic Development Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sedgwick County Economic Development Corporation 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, Sedgwick County Economic Development Corporation generated $91.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $176.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY DEVELOPMENT AND ENRICHMENT TO ENHANCE BUSINESS WHILE IMPROVING JOB DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Devie Director | 1 | $0 | |
Frank Hernandez President | 3 | $0 | |
Larry Nail Vice President | 3 | $0 | |
Zach Ruder Sec./treas. | 3 | $0 | |
Wendy Meyers Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,543 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $660 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,124 |
| Total Revenue | $91,340 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,841 |
| Professional fees and other payments to independent contractors | $77,696 |
| Occupancy, rent, utilities, and maintenance | $12,008 |
| Printing, publications, postage, and shipping | $1,405 |
| Other expenses | $30,707 |
| Total expenses | $176,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,540 |
| Other assets | $0 |
| Total assets | $436,648 |
| Total liabilities | $629 |
| Net assets or fund balances | $436,019 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Sedgwick County Economic Development Corporation has recieved totaling $72,732.
| Awarding Organization | Amount |
|---|---|
William Stretesky Foundation Julesburg, CO PURPOSE: PAY-IT-FORWARD UTILITY ASSISTANCE PROGRAM | $25,500 |
William Stretesky Foundation Julesburg, CO PURPOSE: STUDENT LOAN REIMBURSEMENT PROGRAM | $14,484 |
William Stretesky Foundation Julesburg, CO PURPOSE: BUSINESS IMPROVEMENT PROJECT | $9,056 |
William Stretesky Foundation Julesburg, CO PURPOSE: BUSINESS IMPROVEMENT PROJECT | $9,000 |
William Stretesky Foundation Julesburg, CO PURPOSE: BUSINESS IMPROVEMENT PROJECT | $5,022 |
El Pomar Foundation Colorado Springs, CO PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Development Institute Kansas Denver, CO | $25,496,430 | $27,631,308 |
Central Nebraska Community Action Partnership Inc Loup City, NE | $11,182,517 | $15,277,585 |
Urban Land Conservancy Denver, CO | $141,352,888 | $31,846,899 |
Center For People In Need Inc Lincoln, NE | $4,396,742 | $7,753,507 |
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
First Nations Oweesta Corporation Longmont, CO | $63,460,575 | $8,550,611 |
Southwest Oklahoma Community Action Group Inc Altus, OK | $4,395,408 | $6,280,585 |
Telluride Mountain Village Owners Association Mountain Village, CO | $58,036,746 | $18,777,626 |
Cplc New Mexico Inc Phoenix, AZ | $8,008,132 | $5,703,819 |
The Alliance For Economic Development Of Oklahoma City Inc Oklahoma City, OK | $832,261 | $5,568,089 |
Viridian Residential Association Scottsdale, AZ | $3,949,158 | $4,903,376 |
Vistancia Village A Community Association Scottsdale, AZ | $3,845,113 | $4,265,306 |