Kiowa County Economic Development Foundation is located in Eads, CO. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiowa County Economic Development Foundation 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 12/2022, Kiowa County Economic Development Foundation generated $125.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $130.1k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE ECONOMIC DEVELOPMENT IN KIOWA COUNTY, COLORADO
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Hoffman Board Member | 0.5 | $0 | |
Donald Oswald Board Member | 0.5 | $0 | |
Betsy Barnett Treasurer | 0.5 | $0 | |
Craig Kerfoot Chairman | 0.5 | $0 | |
Jerry Weber Vice Chairma | 0.5 | $0 | |
Dennis Pearson Secretary | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $87,567 |
Total Program Service Revenue | $5,705 |
Membership dues | $0 |
Investment income | $16 |
Gain or Loss | $19,546 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $12,538 |
Total Revenue | $125,372 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $53,825 |
Professional fees and other payments to independent contractors | $1,090 |
Occupancy, rent, utilities, and maintenance | $4,437 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $70,714 |
Total expenses | $130,066 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $51,476 |
Other assets | $0 |
Total assets | $215,828 |
Total liabilities | $5,563 |
Net assets or fund balances | $210,265 |