Mission
The West End Economic Development Corporation (WEEDC) is a nonprofit organization founded in 2013. Its purpose is to foster a pro-business environment in the West End of Montrose County, Colorado, which includes towns such as Nucla, Naturita, Paradox, and Redvale. WEEDC supports entrepreneurs and small business owners, while also seeking to recruit industries and create job opportunities in the region. The organization strives to balance economic growth with community identity and cultural compatibility.
Basic Information
Tax-Exempt
Founded in
2014
EIN
90-1017957
Total Assets
$363.4 thousand
At a Glance
Business Opportunities in the West End
Learn about the incentives and low tax rates for businesses in the West End.
Community and Culture
Explore the unique lifestyle and recreational opportunities in the West End.
Sustainability Plan
Discover how WEEDC is dedicated to sustainable growth in the community.
Impact Stats
Small Community of the Year
Award Title
EDIE Award 2021
Awarded Small Community of the Year by the EDCC.
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
55
40
/100
Program Expense Ratio
12.27%
2
/20
Program Revenue Growth
906.94%
20
/20
Leverage Ratio
0.4714
8
/20
Working Capital Ratio
0.7299
8
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 225.3K | 99.94% |
| Program Services | 2.9K | 1.29% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 225.4K | 100.00% |
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