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Economic Growth Connection Of Westmoreland

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

EIN: 256076647 ✦ Greensburg, PA ✦ Designated as a 501(c)(3)

Overview

What is Economic Growth Connection Of Westmoreland?

Economic Growth Connection of Westmoreland (EGCW) is a nonprofit organization situated in Greensburg, Pennsylvania. Its primary mission is to foster business leadership and financing, with a goal to generate and maintain high-quality job opportunities in Westmoreland County and the surrounding region. EGCW achieves this by identifying potential funding sources at the local, state, and federal levels and structuring projects to secure low-cost financing. By taking the lead and collaborating with others, EGCW offers support to local businesses, assisting them in growth and prosperity. With a team of eight dedicated individuals, EGCW plays a crucial role in driving economic development in the region.


Is Economic Growth Connection Of Westmoreland legitimate?

Economic Growth Connection Of Westmoreland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Growth Connection Of Westmoreland 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: $215,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,212

For more financial information, click here


What is the mission statement of Economic Growth Connection Of Westmoreland?
Who is the CEO of Economic Growth Connection Of Westmoreland?
What is the revenue of Economic Growth Connection Of Westmoreland?
Who are the executives of Economic Growth Connection Of Westmoreland and what are their salaries?

The average compensation at Economic Growth Connection Of Westmoreland during 2022 was $59,359. There are 8 employees and 32 volunteers at Economic Growth Connection Of Westmoreland.

Here are 35 key members and their salaries (Economic Growth Connection Of Westmoreland's CEO's salary is $158,461 and their total compensation is $188,270):


Where can I find the form 990 for Economic Growth Connection Of Westmoreland?

Mission Statement of Economic Growth Connection Of Westmoreland

The Economic Growth Connection of Westmoreland, abbreviated as EGCW, serves as a leader in the business sector, with a mission to create and retain quality jobs in Westmoreland County and the surrounding region. This nonprofit organization provides business leadership and financing, working in partnership with others to develop business opportunities and secure financing. EGCW supports local companies in their growth and prosperity by identifying potential sources of funding at the local, state, and federal levels. The organization facilitates the funding process, from due diligence to closing, ensuring that projects receive the maximum amount of low-cost financing. In essence, EGCW is dedicated to fostering a thriving business environment in Westmoreland County and beyond, contributing to the creation and retention of quality employment opportunities.

Impact

This information is meant to be a general summary of Economic Growth Connection Of Westmoreland. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Economic Growth Connection Of Westmoreland plays a significant role in fostering economic growth and development in Westmoreland County and the surrounding region. By providing business leadership and financing assistance, EGCW helps to create and retain quality jobs for the local community. Through partnerships with county companies, EGCW supports these businesses in growing and prospering, contributing to the overall economic well-being of the area. EGCW's efforts in identifying sources of funding at various levels and structuring projects to secure low-cost financing are instrumental in facilitating business growth and job creation in Westmoreland County. The organization's mission to provide leadership in developing business opportunities underscores its commitment to driving economic growth and enhancing 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: $25,891
  • Program Service Revenue: $170,750
  • Gross Receipts: $3,572,241

    • Assets and Liabilities:
  • Total Assets: $20,902,241
  • Total Liabilities: $4,161,868
  • Net Assets: $16,740,373
  • Programs

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

    LOAN & APPLICATION FEES

    Revenue

    $63,222

    LOAN PROGRAM REVENUE

    Revenue

    $2,528

    WPPSEF CONTRACT SERVICES

    Revenue

    $105,000

    Organization Details

    Founding Year

    2000

    Principal Officer

    Jason Rigone

    Main Address

    40 NORTH PENNSYLVANIA, GREENSBURG, PA, 15601

    NTEE Category

    Code: S30 - Community improvement

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