MONTROSE ECONOMIC DEVELOPMENT CORPORATIONPub 78
Pub 78
AI Summary
The Montrose Economic Development Corporation (EIN: 74-2041618) is a nonprofit organization focused on economic development in Montrose County. Its mission is to strengthen the local economic base and enhance the standard of living for residents through job retention, expansion, attraction, and capital investment, while also promoting workforce enhancement and agricultural advancement. With an operating budget of $244.4K and total revenue of $135.9K for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.montroseedc.org.
Mission Statement
THE MISSION OF MEDC IS TO STRENGTHEN MONTROSE COUNTY'S ECONOMIC BASE AND INCREASE THE STANDARD OF LIVING FOR ALL OF ITS RESIDENTS THROUGH THE RETENTION, EXPANSION, ATTRACTION, AND DEVELOPMENT OF PRIMARY JOBS AND CAPITAL INVESTMENTS. THIS MISSION INCLUDES THE PROMOTION OF WORKFORCE ENHANCEMENT, AGRICULTURE ADVANCEMENT, AND OTHER BUSINESS DEVELOPMENT THAT PROVIDES ECONOMIC DIVERSIFICATION AND STABILIZATION.
Cause Areas
1
Economic development
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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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Funder
Total Funding
Funding Share
MONTROSE MEMORIAL HOSPITAL INC
Montrose, CO, US
$5.8K
42%
Frequently Asked Questions
What is MONTROSE ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, MONTROSE ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $244 thousand. More detailed financial information is available to registered users.
What causes does MONTROSE ECONOMIC DEVELOPMENT CORPORATION support?
MONTROSE ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does MONTROSE ECONOMIC DEVELOPMENT CORPORATION operate?
MONTROSE ECONOMIC DEVELOPMENT CORPORATION is headquartered in Montrose, CO.
Who funded MONTROSE ECONOMIC DEVELOPMENT CORPORATION recently?
In 2022, MONTROSE ECONOMIC DEVELOPMENT CORPORATION received grants from MONTROSE MEMORIAL HOSPITAL INC. More information on this organization’s funders is available to registered users.
What is the largest grant MONTROSE ECONOMIC DEVELOPMENT CORPORATION received in 2022?
The largest grant to MONTROSE ECONOMIC DEVELOPMENT CORPORATION in 2022 exceeds $5,750.