Overview
What is Borders Development Corporation?
Borders Development Corporation is a nonprofit organization dedicated to fostering the growth and development of small business concerns in the Colebrook, New Hampshire, area. Their mission involves acquiring, constructing, converting, or expanding plant facilities for lease or sale to support these businesses. The organization's primary goal is to create economic opportunities within the region. Although the description does not specify any additional community services or resources, Borders Development Corporation focuses on promoting local business growth and development.
Is Borders Development Corporation legitimate?
Borders Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Borders 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.
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What is the mission statement of Borders Development Corporation?
Borders Development Corporation's mission is centered around fostering economic growth and development for small businesses. Specifically, the corporation aims to acquire, construct, convert, or expand plant facilities for lease or sale. Their primary objective is to create economic opportunities, although the context of this mission statement does not specify a particular location. The corporation's activities primarily focus on supporting small business concerns, contributing to the overall economic development in the field.
Who is the CEO of Borders Development Corporation?
Scott Cooper is the President of Borders Development Corporation.
What is the revenue of Borders Development Corporation?
Borders Development Corporation's revenue in 2020 was $45,708.
Who are the executives of Borders Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Borders Development Corporation?
Borders Development Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Borders Development Corporation
Borders Development Corporation, as a mission-driven organization, is committed to fostering the expansion and prosperity of small business ventures. The corporation aims to accomplish this goal by acquiring, constructing, converting, or expanding industrial facilities, which it subsequently leases or sells. Its primary objective is to generate economic opportunities within its sphere of operation, contributing positively to the local business ecosystem.
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Impact
October, 2024
Borders Development Corporation plays a significant role in fostering economic growth in the Colebrook, NH area by supporting the development of small businesses. By assisting with the acquisition, construction, conversion, or expansion of plant facilities, the organization creates essential infrastructure that allows businesses to thrive. This not only enhances the local economy but also generates job opportunities and supports community improvement initiatives. The focus on nurturing small business concerns contributes to a sustainable economic ecosystem, ultimately benefiting the residents and the overall community in Colebrook.
This information is meant to be a general summary of Borders Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2020.
- Investment Income: $43,706
- Gross Receipts: $67,070
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1989
Phone
(603) 331-3369Principal Officer
Scott Cooper
Main Address
PO BOX 423, COLEBROOK, NH, 03576
NTEE Category
Code: S40 - Community improvement
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