Overview
What is The Golden Leaf Inc?
The Golden Leaf Inc, based in Rocky Mount, North Carolina, is a nonprofit organization dedicated to improving economic conditions in tobacco-dependent regions of the state. Established to provide assistance in response to the decline in tobacco demand and production, the corporation supports various initiatives to help affected communities. These programs include educational assistance, job training and employment aid, scientific research for new uses of tobacco or alternative cash crops, economic hardship relief, public works and industrial recruitment, health and human services, and community assistance. The Golden Leaf's mission is to foster economic opportunity in rural and tobacco-dependent communities of North Carolina through grantsmaking, collaboration, innovation, and stewardship. With a workforce of approximately 28 employees, the organization plays a significant role in uplifting economically challenged and deteriorating tobacco-dependent areas, ensuring their long-term stability.
Official website here: www.goldenleaf.org
Is The Golden Leaf Inc legitimate?
The Golden Leaf Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Golden Leaf Inc 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: $1,563,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $973,035
For more financial information, click here
Official website here: www.goldenleaf.org
What is the mission statement of The Golden Leaf Inc?
The Golden Leaf Inc is a perpetual foundation dedicated to increasing economic opportunity in North Carolina's rural and tobacco-dependent communities. Through grantsmaking, collaboration, innovation, and stewardship, they aim to improve the social welfare and reduce the burdens of government. The organization provides economic impact assistance, engaging in various activities to help affected individuals and regions. These activities include education assistance, job training and employment assistance, scientific research, economic hardship assistance, public works and industrial recruitment, and health and human services. The primary goal is to support the transition of tobacco farmers and other workers to alternative sources of income, while maintaining the stability of tobacco-dependent communities.
Official website here: www.goldenleaf.org
Who is the CEO of The Golden Leaf Inc?
Scott T Hamilton is the President/Ceo of The Golden Leaf Inc. The CEO's salary of The Golden Leaf Inc is $250,618 and their total compensation is $287,405.
Official website here: www.goldenleaf.org
What is the revenue of The Golden Leaf Inc?
Who are the executives of The Golden Leaf Inc and what are their salaries?
The average compensation at The Golden Leaf Inc during 2023 was $90,603. There are 28 employees at The Golden Leaf Inc.
Here are 24 key members and their salaries (The Golden Leaf Inc's CEO's salary is $250,618 and their total compensation is $287,405):
- Scott T Hamilton (President/Ceo)
- Edward P Lord (Svp/General Counsel)
- Erica Smith (Controller)
- Kasey E Ginsberg (Vp/Chief Of Staff)
- Jonathan P Boyd (Director Of Investments)
- Terri Adou-Dy (Dir Of Programs/Programs Admin)
- Marilyn M Chism (Director Of Programs)
- Rhea Barnes Ended Oct 2022 (Senior Director Admin Services)
- Angela Gailliard (Director Of Programs)
- Darryl Moss (Director)
- Ralph Strayhorn Iii (Vice Chair) [Trustee/Director]
- Murchison Biggs (Director)
- Randy Isenhower (Director)
- Jerome Vick (Director)
- S Lawrence Davenport (Director)
- Thomas F Taft Sr (Director)
- David L Rose (Director)
- Bobbie J Richardson (Treasurer/Asst. Secretary) [Trustee/Director]
- Laurence Lilley (Director)
- Donald E Flow (Board Chair) [Trustee/Director]
- Johnathan Rhyne Jr (Secretary) [Trustee/Director]
- Charles P Brown (Director)
- Barry Z Dodson (Director)
- Brian Raynor (Director)
Official website here: www.goldenleaf.org
Where can I find the form 990 for The Golden Leaf Inc?
The The Golden Leaf Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.goldenleaf.org
Learn more at the official website: www.goldenleaf.org
Mission Statement of The Golden Leaf Inc
The Golden Leaf Inc is a North Carolina-based foundation committed to increasing economic opportunities in rural and tobacco-dependent communities through grantsmaking, collaboration, innovation, and stewardship. As an independent and perpetual organization, it aims to alleviate the burdens of government and promote social welfare by distributing funds to provide economic impact assistance.
Established as per the Consent Decree and Final Judgment in State of North Carolina v. Philip Morris Incoredated, et al., The Golden Leaf Inc engages in various activities to support the economic wellbeing of affected regions. A primary focus lies in education assistance, providing funds for educational programs for tobacco farmers and related workers. Additionally, the organization offers job training and employment assistance through loans and grants to help tobacco farming communities transition to alternative sources of income.
Moreover, The Golden Leaf Inc supports scientific research aimed at developing new uses for tobacco or alternative cash crops. It also offers economic hardship assistance through grants, loans, and other programs to alleviate poverty or need experienced due to the decline in tobacco production. Further, the foundation provides funding for improved healthcare and other social services to maintain the stability of tobacco-dependent communities.
In essence, The Golden Leaf Inc serves as a vital resource for rural and tobacco-dependent communities in North Carolina, offering assistance in various sectors to promote sustainable economic growth and improve living conditions.
Impact
This information is meant to be a general summary of The Golden Leaf Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Golden Leaf Inc's impact is significant in promoting social welfare and lessening the burdens of government in North Carolina. They provide economic impact assistance to economically affected or tobacco-dependent regions of the state, particularly focusing on rural and tobacco-dependent communities. Their activities include funding educational programs, job training, scientific research for new uses of tobacco or alternative cash crops, economic hardship assistance, public works and industrial recruitment, health and human services, and community assistance. Through their grants and programs, The Golden Leaf Inc works towards increasing economic opportunity and sustainability in these communities, contributing to their overall development and well-being.
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 2023.
- Assets and Liabilities:
Organization Details
Founding Year
1999
Phone
(252) 442-7474
Principal Officer
Scott T Hamilton
Main Address
301 N Winstead Avenue, Rocky Mount, NC, 27804
Website
www.goldenleaf.org
NTEE Category
Code: S30 - Community improvement
If you are a representative of The Golden Leaf Inc 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.