Overview
What is Jobs For Fall River Inc?
Jobs For Fall River Inc, also known as Bristol County EDC, is a nonprofit organization situated at 139 South Main Street 400, Fall River, MA 02721. Their primary mission is to foster prosperity and enhance the well-being of Fall River's citizens by stimulating economic and industrial growth in the area, encompassing the city and neighboring towns of Freetown, Somerset, and Westport. They achieve this through the provision of lending programs, which are funded by federal and private grants or loans. The organization extends these loans to eligible local businesses, thereby contributing to the overall development and expansion of the community. With a workforce of 4 individuals, Jobs For Fall River Inc plays a significant role in promoting economic growth and strengthening the local business sector.
Official website here: www.bristolcountyedc.com
Is Jobs For Fall River Inc legitimate?
Jobs For Fall River Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Jobs For Fall River 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $401,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,893
For more financial information, click here
Official website here: www.bristolcountyedc.com
What is the mission statement of Jobs For Fall River Inc?
Jobs For Fall River Inc's mission is centered around enhancing prosperity and the overall well-being of its community. The organization aims to accomplish this by fostering economic growth and industrial expansion within its region, which encompasses not only the city of Fall River but also the neighboring towns of Freetown, Somerset, and Westport. To achieve this goal, Jobs For Fall River Inc offers lending programs, derived from both federal and private grants or loans, to eligible local businesses.
Official website here: www.bristolcountyedc.com
What is the revenue of Jobs For Fall River Inc?
Jobs For Fall River Inc's revenue in 2024 was $1,120,696.
Official website here: www.bristolcountyedc.com
Who are the executives of Jobs For Fall River Inc and what are their salaries?
The average compensation at Jobs For Fall River Inc during 2024 was $103,643. There are 5 employees and 25 volunteers at Jobs For Fall River Inc.
Here are 27 key members and their salaries:
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- Compensation: $240,440
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- Compensation: $102,872
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- Other: $39,518
Official website here: www.bristolcountyedc.com
Where can I find the form 990 for Jobs For Fall River Inc?
Jobs For Fall River Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bristolcountyedc.com
Learn more at the official website: www.bristolcountyedc.com
Mission Statement of Jobs For Fall River Inc
Jobs For Fall River Inc, a nonprofit organization, is dedicated to promoting prosperity and enhancing the general welfare of its citizens. Its mission encompasses stimulating economic and industrial growth and expansion in the areas including the city of Fall River and the towns of Freetown, Somerset, and Westport. Through lending programs, the organization provides financial assistance to eligible local businesses, contributing to the economic development and expansion of the community.
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Impact
October, 2024
Jobs For Fall River Inc plays a vital role in enhancing the economic landscape of Fall River and its neighboring towns—Freetown, Somerset, and Westport. By facilitating access to lending programs, the organization empowers local businesses with the necessary financial resources to grow and thrive. This, in turn, stimulates economic and industrial development in the region.
The impact of this organization extends beyond mere financial assistance; it fosters community improvement and promotes the overall welfare of residents. By supporting business expansion and innovation, Jobs For Fall River Inc contributes to job creation and economic stability, which are essential for the prosperity of local citizens. As a catalyst for change, it drives sustained growth and development, making a significant difference in the lives of those in the community.
This information is meant to be a general summary of Jobs For Fall River Inc. 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 2024.
- Investment Income: $10,919
- Program Service Revenue: $809,341
- Gross Receipts: $1,120,696
Assets and Liabilities:
- Total Assets: $10,855,631
- Total Liabilities: $3,065,247
- Net Assets: $7,790,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MGMT & CONSULTING FEES
Revenue
$415,418
RENTAL INCOME
Revenue
$250,785
LOAN INTEREST
Revenue
$136,208
LOAN ORIG.& SERV. FEES
Revenue
$6,930
Organization Details
Founding Year
1978
Principal Officer
Frank Marchione
Website
www.bristolcountyedc.comNTEE Category
Code: S30 - Community improvement
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