Overview
What is Bellows Falls Area Development Corporation?
Bellows Falls Area Development Corporation is a nonprofit organization situated in Bellows Falls, Vermont. Its primary mission is to foster and promote sustainable economic growth within the community. This is achieved by supporting and advocating for policies that encourage collaborative initiatives, leveraging resources to ensure appropriate development that caters to the community's needs. Currently, the organization is engaged in various projects, including archaeological exploration, asbestos remediation, hazardous waste disposal, building demolition, petroleum remediation, soil remediation, and creating marketing opportunities for tenants at a 1.67-acre commercial-industrial property.
Is Bellows Falls Area Development Corporation legitimate?
Bellows Falls Area Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bellows Falls Area 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 Bellows Falls Area Development Corporation?
The Bellows Falls Area Development Corporation's mission is to create and maintain an environment that fosters viable and sustainable economic health throughout the community. This is achieved by supporting and promoting policies that encourage collaborative initiatives, leveraging resources effectively, and ensuring appropriate development that meets the needs of the overall community and region. The corporation's activities aim to foster economic growth and development in a way that benefits the community as a whole. This could involve various projects such as asbestos remediation, hazardous waste disposal, building demolition, and petroleum remediation, among others, all with the goal of revitalizing a 1.67-acre commercial-industrial property.
Who is the CEO of Bellows Falls Area Development Corporation?
Christopher Hackett is the Director of Bellows Falls Area Development Corporation.
What is the revenue of Bellows Falls Area Development Corporation?
Bellows Falls Area Development Corporation's revenue in 2022 was $0.
Who are the executives of Bellows Falls Area Development Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Bellows Falls Area Development Corporation?
Bellows Falls Area Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bellows Falls Area Development Corporation
Bellows Falls Area Development Corporation is dedicated to generating opportunities for and preserving a viable and sustainable economic health throughout the community. Their mission involves promoting and supporting policies that encourage linked and collaborative initiatives. These initiatives aim to utilize resources effectively to ensure appropriate development that caters to the needs of the overall community and region. In essence, Bellows Falls Area Development Corporation strives to foster a thriving economic environment by advocating for collaborative projects and leveraging resources for appropriate development that benefits the community as a whole.
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Impact
October, 2024
The Bellows Falls Area Development Corporation plays a crucial role in fostering economic vitality and community improvement in the region. By focusing on sustainable economic health, it creates opportunities that enhance the quality of life for local residents and businesses. The organization actively promotes policies and collaborative initiatives that leverage resources effectively, ensuring that development aligns with the community's needs.
Their efforts include essential environmental actions such as archaeological investigations, asbestos remediation, and hazardous waste management. These activities not only contribute to a healthier environment but also prepare the local area for sustainable development. The creation of a commercial-industrial zoned property reflects the commitment to careful, appropriate development that benefits the broader community.
Overall, the Bellows Falls Area Development Corporation's impact is multifaceted, encompassing economic growth, environmental stewardship, and community well-being. Their strategic initiatives pave the way for a thriving future, ensuring that Bellows Falls remains a vibrant place for residents and businesses alike.
This information is meant to be a general summary of Bellows Falls Area 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 2022.
Assets and Liabilities:
- Total Assets: $639,369
- Total Liabilities: $140,000
- Net Assets: $499,369
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Organization Details
Founding Year
1965
Phone
(802) 463-4544Principal Officer
Christopher Hackett
Main Address
PO BOX 370 7 SQUARE, BELLOWS FALLS, VT, 05101
NTEE Category
Code: S40Z - Community improvement
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