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Alamance County Economic Development Foundation

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

EIN: 202384314 ✦ Burlington, NC ✦ Designated as a 501(c)(3)

Overview

What is Alamance County Economic Development Foundation?

The Alamance County Economic Development Foundation is a nonprofit organization situated in Burlington, North Carolina. Their primary goal is to enhance business prosperity and stimulate economic growth in the Alamance County area. They achieve this by engaging in various activities, such as marketing, research, and public/media relations. These efforts aim to attract new investments and create job opportunities within the area, as well as support and facilitate the expansion of existing industries. The foundation's mission is deeply rooted in benefiting its members and the wider community by promoting economic vitality within Alamance County.


Official website here: www.alamancechamber.com

Is Alamance County Economic Development Foundation legitimate?

Alamance County Economic Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alamance County Economic Development Foundation 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: $88,744

For more financial information, click here


Official website here: www.alamancechamber.com

What is the mission statement of Alamance County Economic Development Foundation?

The Alamance County Economic Development Foundation's mission is centered around enhancing the well-being of businesses and stimulating economic vitality in its area. The primary objective is to benefit both its members and the community. To accomplish this, the foundation engages in activities aimed at increasing job opportunities and attracting new investments. This is achieved through various strategies such as marketing, research, and public relations. The foundation also facilitates the growth of existing industries in the area by providing assistance. In essence, the Alamance County Economic Development Foundation is committed to promoting economic growth and development for the betterment of its community.


Official website here: www.alamancechamber.com

Who is the CEO of Alamance County Economic Development Foundation?

Reagan C Gural is the President of Alamance County Economic Development Foundation.


Official website here: www.alamancechamber.com

What is the revenue of Alamance County Economic Development Foundation?

Alamance County Economic Development Foundation's revenue in 2022 was $569,833.


Official website here: www.alamancechamber.com

Who are the executives of Alamance County Economic Development Foundation and what are their salaries?

Here are 10 key members and their salaries:

    Reagan Gural (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Ratliff (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Rhodes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Hyman (Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Hooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Griffin Mcclure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Lunsford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reed Laplante (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mcgowen (Director - Non-Voting)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.alamancechamber.com

    Where can I find the form 990 for Alamance County Economic Development Foundation?

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


    Official website here: www.alamancechamber.com

    Learn more at the official website: www.alamancechamber.com

    Mission Statement of Alamance County Economic Development Foundation

    The Alamance County Economic Development Foundation's mission is centered around enhancing the well-being of businesses and stimulating economic vitality in the local area. This nonprofit organization aims to benefit its members and the community at large by promoting and fostering economic growth. To achieve this goal, the foundation engages in various activities that aim to increase job opportunities and attract new investment. This is accomplished through marketing, research, and public/media relations, which help facilitate the expansion of existing industries and attract new businesses to the area. The ultimate aim of the Alamance County Economic Development Foundation is to contribute to the economic prosperity of the region, thereby improving the livelihoods of its residents.

    Impact

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




    Wednesday, July 24, 2024

    The Alamance County Economic Development Foundation plays a crucial role in enhancing business welfare and promoting economic vitality in the Alamance County area. Its key activities focus on increasing job opportunities and attracting new investments to the region. Through strategic marketing, research, and public relations efforts, the foundation facilitates the growth of jobs and investments in existing industries, ultimately fostering economic development and prosperity in the community.





    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: $433
  • Program Service Revenue: $0
  • Gross Receipts: $569,833

    • Assets and Liabilities:
  • Total Assets: $1,452,224
  • Total Liabilities: $0
  • Net Assets: $1,452,224
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Reagan C Gural

    Main Address

    PO BOX 450, BURLINGTON, NC, 272160450

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Alamance County Economic Development Foundation 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.