Overview

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Est.

1955

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Mills County Economic Development Foundation Inc (EIN: 42-1301658) is a nonprofit organization focused on community improvement in Mills County, Iowa. With an operating budget of $179.2K and total revenue of $220.8K for the filing year 2024, the foundation aims to enhance the local business climate and economic conditions through strategic collaboration with public and private partners. Its mission is to promote economic growth by supporting the retention and expansion of existing businesses, as well as attracting high-value firms to the area.

Mission Statement

THE MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION, INC. (MCEDF) WILL CONDUCT ITS ACTIVITIES TO PROMOTE THE PURPOSES FOR WHICH IT WAS ORGANIZED AS SET FORTH IN THE ARTICLES OF INCORPORATION. THE ORGANIZATION WILL BE UNDER THE GUIDANCE OF THE MILLS COUNTY BOARD OF SUPERVISORS (MCBOS). ADDITIONALLY, THE PURPOSE OF THE FOUNDATION IS TO EFFECTIVELY ADVANCE A FOCUSED ECONOMIC DEVELOPMENT GROWTH AGENDA TO ENHANCE, POSITION AND MARKET MILLS COUNTY AS A PREFERRED BUSINESS LOCATION. OUR GOAL IS TO ADVANCE THE INTEREST OF MILLS COUNTY AND IMPROVE BUSINESS CLIMATE AND ECONOMIC CONDITIONS. OUR AGENDA FOR GROWTH WILL LEAD TO THE RETENTION AND EXPANSION OF EXISTING FIRMS, THE ATTRACTION AND STARTUP OF HIGH VALUE FIRMS AND LONG TERM GROWTH AND VITALITY OF THE COUNTY. THIS WILL BE ACCOMPLISHED IN COLLABORATION AND COOPERATION WITH OUR PUBLIC AND PRIVATE PARTNERS WITHIN THE COUNTY, REGION, AND STATE. NO PART OF THE NET EARNINGS OF THE FOUNDATION SHALL INURE TO THE BENEFIT OF OR BE DISTRIBUTABLE TO ITS DI
Revenues
$220.8K
Expenses
$179.2K
Net Income:
+$41.6K
Assets
$501.7K
Liabilities
$0
Net Assets:
+$501.7K
Operating Budget
$179.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Jodi Evans
Board Member
J
Jodi Hilsabeck
Board Member
A
Alan Debolt
Board Member

Frequently Asked Questions

What is MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC’s budget?
In 2024, MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC reported an annual operating budget of around $179 thousand. More detailed financial information is available to registered users.
What causes does MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC support?
MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC supports work in Community improvement.
Where does MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC operate?
MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC is headquartered in Glenwood, IA.
What is MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC’s reliance on government grants?
MILLS COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC relied on government grants for more than 95% of their total revenue in 2024.