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Mitchell Area Development Corporation

Mitchell Area Development Corporation

Mitchell, SD 57301
Tax ID46-0394983

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About this organization

Revenue

$400,137

Expenses

$545,736

Website

mitchellsd.org

Mission

Promote economic development in the Mitchell, SD area

About

Program services include activities to promote economic development in the Mitchell, SD area. The organization provides funding to recruit various businesses to the Mitchell area. With the assistance of the business recruitment approximately 400 jobs have been created and nearly 100 million has been invested in plant and equipment in the Mitchell area over the past 5 years.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “Promote economic development in the mitchell, sd area”.

When referring to its tasks, they were described as: “Promote economic development in the mitchell, sd area”.

  • The non-profit is operating legally in the state of SD.
  • The non-profit's address for the year 2020 is listed as 601 N MAIN, MITCHELL, SD, 57301 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 0 employees.
  • 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 $500,000 and $1,000,000+.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$145,599.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization elects its board members.
  • The organization has 11 independent voting members.
  • The organization was formed in 1985.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $299,834 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

Additional Non-Profits in the area

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