Overview
What is Economic Development Corporation?
The Economic Development Corporation, established in Glens Falls, New York, serves as a nonprofit organization with a mission to foster economic growth and prosperity in Warren County. Their strategic objectives include encouraging business retention and expansion, offering advisory services to local enterprises, and attracting new businesses to the region. By promptly addressing business challenges, providing financing, and improving infrastructure, they aim to generate public benefits and enhance the overall quality of life for the community's residents. The Corporation's dedicated workforce of ten individuals contributes to these goals, ultimately driving the area's economic development.
Official website here: www.edcwc.org
Is Economic Development Corporation legitimate?
Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $165,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $311,986
For more financial information, click here
Official website here: www.edcwc.org
What is the mission statement of Economic Development Corporation?
The Economic Development Corporation's mission is focused on fostering economic growth and prosperity. It achieves this by addressing business challenges promptly, providing financing, and improving infrastructure that generates public benefits. By leveraging the advantages of doing business, the corporation aims to enhance the quality of life for all residents. In addition, the Economic Development Corporation contributes to charitable objectives and public purposes, such as reducing adult unemployment and promoting quality jobs, while lessening governmental burdens within its region. This is achieved through activities like encouraging business retention and expansion, offering advisory services to local enterprises, and attracting new businesses to the region.
Official website here: www.edcwc.org
Who is the CEO of Economic Development Corporation?
James Siplon is the Board Member of Economic Development Corporation. The CEO's salary of Economic Development Corporation is $126,829 and their total compensation is $165,524.
Official website here: www.edcwc.org
What is the revenue of Economic Development Corporation?
Economic Development Corporation's revenue in 2022 was $576,742.
Official website here: www.edcwc.org
Who are the executives of Economic Development Corporation and what are their salaries?
The average compensation at Economic Development Corporation during 2022 was $47,751. There are 10 employees at Economic Development Corporation.
Here are 12 key members and their salaries (Economic Development Corporation's CEO's salary is $126,829 and their total compensation is $165,524):
- Jim Siplon (President/Ceo)
- Mike Wild (Board Member) [Trustee/Director]
- John Strough (Board Member) [Trustee/Director]
- Susan Corney (Board Member) [Trustee/Director]
- Kristine Duffy (Board Member) [Trustee/Director]
- Michael Pratt (Board Member) [Trustee/Director]
- Libby Coreno (Board Member) [Trustee/Director]
- Judy Calogero (Board Member) [Trustee/Director]
- Matthew Fuller (Past-Chair)
- Kathryn Muncil (Vice Chair)
- Mitch Amado (President)
- Laura Ladu (Secretary)
Official website here: www.edcwc.org
Where can I find the form 990 for Economic Development Corporation?
The Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.edcwc.org
Learn more at the official website: www.edcwc.org
Mission Statement of Economic Development Corporation
The Economic Development Corporation, in its mission, strives to foster economic growth and prosperity in Warren County. It achieves this objective by promptly, accurately, and completely addressing business challenges, offering financing and improving infrastructure that yields public benefits. The organization leverages the advantages of doing business to enhance the quality of life for all residents. In the pursuit of these goals, the Economic Development Corporation aims to alleviate adult unemployment, promote quality jobs for Warren County citizens, and lessen government burdens within the Warren County region of New York. This is accomplished through various activities such as encouraging the retention and expansion of businesses, providing managerial, technical, and administrative advice to local enterprises, and attracting new businesses to the region.
Impact
This information is meant to be a general summary of Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
The Economic Development Corporation plays a crucial role in driving economic opportunity, growth, and prosperity in Warren County. By encouraging the retention and expansion of businesses in the region, providing essential managerial and technical support to local enterprises, and attracting new businesses to Warren County, the EDC contributes to job creation and economic development. This ultimately helps to reduce unemployment, promote quality job opportunities for residents, and lessen the burden on government resources. Additionally, the EDC's focus on responding to business challenges, providing financing, and improving infrastructure further enhances the overall quality of life for all residents in the area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING AND OTH
Revenue
$11,425
Organization Details
Founding Year
1992
Phone
(518) 761-6007
Principal Officer
James Siplon
Main Address
11 SOUTH STREET 201, GLENS FALLS, NY, 12801
Website
www.edcwc.org
NTEE Category
Code: S31Z - Community improvement
If you are a representative of Economic Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.