NonprofitsPalo Alto County Economic Development Corp

Community Improvement & Capacity Building

Palo Alto County Economic Development Corp

ALGONA, IA

Total revenue

$180K

Total expenses

$168K

Net assets

$423K

Grants received

EIN

371524573

Tax year

2024

Mission

The palo alto county economic development corporation will serve as a facilitator of economic development by encouraging and promoting growth in the areas of existing businesses/expansion, job retention, marketing, tourism, and to provide leadership to help improve the quality of life for all residents in palo alto county.

Programs

1 program

Continue to fund and provide loans to businesses and industries through the palo alto county revolving loan fund. This fund provides a source of financing, which may not otherwise be available within the county for local expanding or start-up businesses.

Expenses: $3K

Financials

FY 2024

Revenue

Contributions & grants$173K
Program service revenue
Investment income$7K
Other revenue
Total revenue$180K

Expenses

Grants paid
Salaries & benefits$117K
Fundraising
Other expenses$50K
Total expenses$168K
Total assets$423K
Net assets$423K

People

13 listed

NameRoleCompensation

LARRY AKRIDGE

DIRECTOR

Board

0.25 hrs/wk

RICK BRENNAN

PAST PRESIDE

Board

0.25 hrs/wk

TONY BRUGMAN

PRESIDENT

Board

0.25 hrs/wk

IVAN DALEN

DIRECTOR

Board

0.25 hrs/wk

BETH ELMAN

DIRECTOR

Board

0.25 hrs/wk

ROGER FAULSTICK

DIRECTOR

Board

0.25 hrs/wk

KIM KIBBIE

SECRETARY

Board

0.25 hrs/wk

BRIAN MALM

DIRECTOR

Board

0.25 hrs/wk

CRAIG MERRILL

DIRECTOR

Board

0.25 hrs/wk

JONATHAN MOE

VICE PRESIDE

Board

0.25 hrs/wk

KEVIN SCHUMACHER

DIRECTOR

Board

0.25 hrs/wk

SCOTT STOKES

TREASURER

Board

0.25 hrs/wk

LINDA THILGES

DIRECTOR

Board

0.25 hrs/wk

Details

EIN371524573
NTEE codeS20
Subsection06
Ruling date2007-07
Formed2006
Employees0
Volunteers2
PALO ALTO COUNTY ECONOMIC DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo