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Community and Economic Development Associates

Community and Economic Development Associates

Chatfield, MN 55923
Tax ID41-1560462

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About this organization

Revenue

$1,482,199

Expenses

$1,660,572

Mission

To help people and communities in rural areas control their own economic destinies.

About

The organization provides rehabilitation grant assistance and business and economic development assistance to 28 communities and 5 counties. It assisted in applications for grants and loans for local businesses and government infrastructure, and coordinated various cooperative efforts between communities and businesses within Minnesota, Iowa, & Wisconsin.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “Ceda is a locally governed support team of community and economic development professionals providing expertise and capacity building for rural economic regeneration and revitalization.”.

When referring to its functions, they were specified as: “To help people and communities in rural areas control their own economic destinies.”.

  • The non-profit has reported their operating state as MN, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was PO BOX 483, CHATFIELD, MN, 55923.
  • The non-profit's form reports a total of 30 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$178,373.
  • The organization has 12 independent voting members.
  • The organization was formed in 1986.
  • The organization pays $1,415,243 in salary, compensation, and benefits to its employees.
  • The organization pays $129,426 in fundraising expenses.

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