Program areas at Montrose Economic Development Corporation
Economic Development in Montrose county, Colorado including assisting in retaining/expanding existing firms and helping businesses relocate into the area. Indirect benefit to all residents of county.
Acquire and develop infrastructure for industrial/commercial use as an aid to retaining/expanding existing firms and helping businesses to relocate into the area. Indirect benefit to all residents of county.
Acquire and develop sites for industrial/commercial use as an aid to retaining/expanding existing firms and helping businesses to relocate into the area. Indirect benefit to all residents of county.
Who funds Montrose Economic Development Corporation
Grants from foundations and other nonprofits
Personnel at Montrose Economic Development Corporation
| Name | Title | Compensation | Date of data |
|---|
| Sandra Head | Executive Director | $80,000 | 2022-08-23 |
| Sandy Head | Board Member | $80,000 | 2023-08-07 |
| Patricia Cummings | Executive Assistant | $45,760 | 2021-12-31 |
| Corri Schmidt | Vice Chair | $0 | 2023-08-07 |
| Mike Kusar | Chair | $0 | 2023-08-07 |
| ...and 6 more key personnel |
Financials for Montrose Economic Development Corporation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $137,045 | $200,615 | -31.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,482 | $2,580 | -3.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $177,635 | -100% |
| Net income from fundraising events | $464 | $-4,839 | 109.6% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $139,991 | $375,991 | -62.8% |
Organizations like Montrose Economic Development Corporation
| Organization | Type | Location | Revenue |
|---|
| River Bend Growth Association | 501(c)(6) | Godfrey, IL | $383,587 |
| One Okaloosa | 501(c)(6) | Fort Walton Beach, FL | $672,279 |
| Waller County Ecomonic Development Partnership | 501(c)(6) | Hempstead, TX | $471,081 |
| Growth Dimensions for Belvidere and Boone County | 501(c)(6) | Belvidere, IL | $360,384 |
| North County | 501(c)(6) | Saint Louis, MO | $287,301 |
| Aransas County Partnership EDC | 501(c)(6) | Rockport, TX | $236,217 |
| Webster City Area ABI | 501(c)(6) | Webster City, IA | $196,634 |
| Forward Janesville | 501(c)(6) | Janesville, WI | $685,760 |
| New Haven Community Development Cor | 501(c)(6) | New Haven, IN | $121,217 |
| Richland Economic Development | 501(c)(6) | Sidney, MT | $144,701 |
Data update history
August 7, 2023
Updated personnel
Identified 1 new personnel
May 21, 2023
Updated personnel
Identified 9 new personnel
May 12, 2023
Used new vendors
Identified 1 new vendor, including
April 14, 2022
Updated personnel
Identified 8 new personnel
April 10, 2022
Posted financials
Added Form 990EZ for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsFundraising eventsState / local level
General information
- Address
- 1601 Oxbow Dr 360b
- Montrose, CO 81401
- County
- Montrose County, CO
- Website URL
- montroseedc.org/Â
- Phone
- (970) 249-9438
IRS details
- EIN
- 74-2041618
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1957
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S40: Business and Industry
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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