Daffy

Cass County Economic Development Corporation

Cass County Economic Development Corporation

Walker, MN 56484
Tax ID41-1873815

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About this organization

Revenue

$281,023

Expenses

$186,233

Mission

To work cooperatively with Cass County government, businesses and community resources to improve the economy by creating new job opportunities, retaining current employment opportunities, and increasing capital investment in Cass County.

About

The Cass County Economic Development Corporation provided 699 hours of assistance to about 73 businesses in the 2018 calendar year. Each business received assistance to start, improve or expand their business. Most often the EDC helped the owners write a business plan, select a site, or access financing. As a satellite small business development center, we help these businesses recognize the benefits and risks of their business idea. The Cass County EDC administers a small revolving loan fund to help encourage new and expanding manufacturing businesses. All activities undertaken by the EDC are intended to create new jobs, retain existing employment, and increase capital investment in Cass County to strengthen the business environment.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “To work cooperatively with cass county government, businesses and community resources to improve the economy by creating new job opportunities, retaining current employment opportunities, and increasing capital investment in cass county.”.

When explaining its purpose, the activities were described as: “To work cooperatively with cass county government, businesses and community resources to improve the economy by creating new job opportunities, retaining current employment opportunities, and increasing capital investment in cass county.”.

  • The non-profit is legally allowed to operate in the state of MN, as reported.
  • The filing provides the non-profit's address in 2020 as PO BOX 1606, WALKER, MN, 56484.
  • The non-profit has a total of 2 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $94,790.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 11 independent voting members.
  • The organization was formed in 1997.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization pays $150,200 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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