HUGO BUSINESS ASSOCIATION
Promoting Unity for the Community! Supports local business through mutually beneficial relationships. The Hugo Area Business Association (HBA) exists to support local business through mutually beneficial relationships. Find us on LinkedIn: https://www.linkedin.com/groups/9123341 The members of the Hugo Area Business Association (HBA) believe that together with our voices have the power to positively affect our businesses. Our purpose is to promote and protect ethical businesses and to give back to the community.
HUGO BUSINESS ASSOCIATION
The Hugo Business Association is a nonprofit organization classified as a 501(c)(6) Board of Trade. It operates in Hugo, Minnesota, with the mission of promoting and supporting local businesses, fostering collaboration, education, and community engagement.
Purpose and Activities
- Promotion: The association actively promotes local businesses and attractions, using both digital and traditional approaches to highlight Hugo's community assets.
- Collaboration: By creating a network of businesses, the HBA facilitates partnerships and cooperation among its members, enhancing the overall business environment in the area.
- Education: The organization supports educational initiatives that benefit its member businesses and the broader community.
- Community Events: The HBA organizes and participates in various community events, such as the Kidz n Biz event, which aims to involve and engage the community in business activities.
Financial Overview
Historically, the organization has managed with modest finances. In 2012, it reported revenue of $14.5 thousand and expenses of $14.3 thousand, with total assets valued at $28 thousand and no liabilities[3].
Membership Benefits
Membership in the Hugo Business Association offers a range of benefits, including promotional opportunities, collaboration among members, educational resources, and participation in community events. The association emphasizes giving back to the community and supporting ethical business practices.
Impact on the Community
The HBA's activities contribute to the economic and social vitality of Hugo, promoting a sustainable business environment that supports local growth and community development.
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