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Franklin County Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141763507 ✦ Malone, NY ✦ Designated as a 501(c)(3)

Overview

What is Franklin County Economic Development Corporation?

Franklin County Economic Development Corporation is a dedicated nonprofit organization situated in Franklin County. Its primary mission involves serving both new and established businesses and industries, with a focus on fostering job creation and retention. This mission is achieved through direct and collaborative funding of various projects, aiming to promote economic growth within the county. The corporation also offers grants to other entities and provides support to local businesses, thereby contributing to the overall economic prosperity of Franklin County.


Official website here: www.franklinida.org

Is Franklin County Economic Development Corporation legitimate?

Franklin County Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin County 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $187,312

For more financial information, click here


Official website here: www.franklinida.org

What is the mission statement of Franklin County Economic Development Corporation?

The Franklin County Economic Development Corporation is dedicated to supporting both new and established businesses and industries in their mission. Their primary goal is to contribute to the creation and retention of high-quality job opportunities. They achieve this by providing direct and collaborative funding for various projects, aiming to enhance the economic prosperity of Franklin County. The corporation's activities encompass grant distribution, involvement in Industrial Development Authorities, and offering assistance to businesses and fostering overall economic development in the area.


Official website here: www.franklinida.org

Who is the CEO of Franklin County Economic Development Corporation?

Jeremy Evans is the Chairman of Franklin County Economic Development Corporation. The CEO's salary of Franklin County Economic Development Corporation is $0 and their total compensation is $0.


Official website here: www.franklinida.org

What is the revenue of Franklin County Economic Development Corporation?

Franklin County Economic Development Corporation's revenue in 2022 was $888,839.


Official website here: www.franklinida.org

Who are the executives of Franklin County Economic Development Corporation and what are their salaries?

The average compensation at Franklin County Economic Development Corporation during 2022 was $37,462. There are 5 employees and 8 volunteers at Franklin County Economic Development Corporation.

Here are 9 key members and their salaries (Franklin County Economic Development Corporation's CEO's salary is $0 and their total compensation is $0):

    James Ellis (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry Boyea (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Archie Mckee (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Erman (Assistant Se) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Evans (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justus Martin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madelyn Fleury (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nate Monette (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Doran (Assistant Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.franklinida.org

    Where can I find the form 990 for Franklin County Economic Development Corporation?

    The Franklin County Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.franklinida.org

    Learn more at the official website: www.franklinida.org

    Mission Statement of Franklin County Economic Development Corporation

    The Franklin County Economic Development Corporation, as a committed entity, is dedicated to serving both new and existing businesses and industries. Its primary objective is to contribute to the creation and retention of quality jobs within the county by providing direct and collaborative funding for various projects that promote economic growth and prosperity. This nonprofit organization actively works towards enhancing the economic well-being of Franklin County through various initiatives, including grants to other entities, the Industrial Development Authority (IDA), and supporting local businesses in their economic development ventures.

    Impact

    This information is meant to be a general summary of Franklin County Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Franklin County Economic Development Corporation plays a crucial role in the economic well-being of Franklin County. By actively serving both new and existing businesses and industries, the EDC facilitates the creation and retention of quality jobs. Its commitment to direct and collaborative funding of economic projects has a tangible impact on the local community, driving growth and prosperity in Franklin County. This support not only benefits businesses but also contributes to the overall economic development of the area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $304
  • Program Service Revenue: $71,924
  • Gross Receipts: $888,839

    • Assets and Liabilities:
  • Total Assets: $2,712,658
  • Total Liabilities: $169,155
  • Net Assets: $2,543,503
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST INCOME

    Revenue

    $63,171

    CHARGES FOR SERVICES

    Revenue

    $8,753

    Organization Details

    Founding Year

    1995

    Principal Officer

    Jeremy Evans

    Main Address

    355 WEST MAIN STREET SUITE 428, MALONE, NY, 12953

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Franklin County 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.