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Oak Ridge Economic Partnership

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

EIN: 030390362 ✦ Oak ridge, TN ✦ Designated as a 501(c)(3)

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Overview

What is Oak Ridge Economic Partnership?

Oak Ridge Economic Partnership is a nonprofit organization dedicated to fostering economic growth in the region. Their primary focus is on promoting industrial development, attracting new businesses, and supporting the retention of existing employers. By implementing strategic recruiting and retention programs, this organization contributes to the economic prosperity of the area, ultimately benefiting the local community.


Official website here: www.oakridgechamber.org

Is Oak Ridge Economic Partnership legitimate?

Oak Ridge Economic Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Ridge Economic Partnership 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,000

For more financial information, click here


Official website here: www.oakridgechamber.org

What is the mission statement of Oak Ridge Economic Partnership?

The Oak Ridge Economic Partnership is dedicated to fostering economic growth. They accomplish this through strategic initiatives, specifically focusing on attracting new industries and supporting the retention of existing businesses. By implementing industrial recruiting and employer retention programs, the organization aims to stimulate economic development and contribute to a thriving business environment.


Official website here: www.oakridgechamber.org

Who is the CEO of Oak Ridge Economic Partnership?

Christine Michaels is the Chairman of Oak Ridge Economic Partnership.


Official website here: www.oakridgechamber.org

What is the revenue of Oak Ridge Economic Partnership?

Oak Ridge Economic Partnership's revenue in 2022 was $151,365.


Official website here: www.oakridgechamber.org

Who are the executives of Oak Ridge Economic Partnership and what are their salaries?

There 4 volunteers at Oak Ridge Economic Partnership.


Here are 5 key members and their salaries:


Colin Anderson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Gooch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Watson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Michaels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Peters (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oakridgechamber.org

Where can I find the form 990 for Oak Ridge Economic Partnership?

Oak Ridge Economic Partnership's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oakridgechamber.org

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

Mission Statement of Oak Ridge Economic Partnership

The Oak Ridge Economic Partnership, as its name suggests, is committed to promoting economic development. This mission is achieved through two key strategies: industrial recruiting and employer retention programs. The organization's activities are geared towards attracting new industries and businesses to the area, while simultaneously working to retain existing ones. By doing so, the Oak Ridge Economic Partnership plays a crucial role in fostering a robust and thriving economic environment.

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Impact




October, 2024

The Oak Ridge Economic Partnership has a significant impact on the local economy by fostering growth and sustainability in Oak Ridge, TN. Through targeted industrial recruiting efforts, the organization attracts new businesses to the area, which helps diversify the economic base and create jobs for residents.

Additionally, their employer retention programs ensure that existing businesses have the support they need to thrive, reducing the risk of job loss and maintaining a stable workforce. By promoting economic development, the partnership also enhances the community's overall quality of life, providing residents with access to improved services and infrastructure.

Their focus on community improvement not only drives economic growth but also strengthens the region's competitiveness in the broader marketplace, ultimately benefiting both businesses and the local community.




This information is meant to be a general summary of Oak Ridge Economic Partnership. 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.

Revenue
$151,365 (2022)
Expenses
$118,738 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $115
  • Program Service Revenue: $151,250
  • Gross Receipts: $151,365

Assets and Liabilities:

  • Total Assets: $127,862
  • Total Liabilities: $0
  • Net Assets: $127,862

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Programs

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

SUPPORT SERVICE CONTR

Revenue

$151,250

Organization Details

Founding Year

2002

Principal Officer

Christine Michaels

Main Address

1400 OAK RIDGE TURNPIKE, OAK RIDGE, TN, 37830

NTEE Category

Code: S40 - Community improvement

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