Overview
What is Franklin County Community Development Corporation?
The Franklin County Community Development Corporation, located at 324 WELLS STREET, GREENFIELD, MA 01301, is a dedicated nonprofit organization with a mission to foster economic development, encourage entrepreneurship, and promote sustainable local agriculture. By offering wrap-around support, they aid small food entrepreneurs, start-ups, and local farms in launching, scaling, and sustaining their businesses. The corporation, which operates with 22 employees, has been instrumental in supporting over 500 such entities since its establishment in 2001, with 65 utilizing their facility and resources in 2022 alone. The ultimate goal of the corporation is to stimulate a more vibrant rural economy, empower community control over economic destiny, and expand opportunities for low and moderate-income residents in Franklin County.
Official website here: www.fccdc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Stars)
The Franklin County Community Development Corporation (FCCDC) has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has achieved a high accountability score due to features such as a fully independent board and no material diversion of assets. However, it does have some gaps, including missing policies for whistleblower protection and document retention, which could affect its overall governance quality.
User reviews consistently highlight the FCCDC's significant impact on local entrepreneurs and small businesses since its inception in 1979. Many reviewers commend the organization's resources, such as assistance with business plans and access to capital, as invaluable to fostering business growth in the region. The dedication and expertise of the staff are frequently mentioned, with former clients and board members praising the organization's culture of service and efficiency.
Overall, the FCCDC is recognized as an essential resource for small business development in Franklin, Hampshire, and Berkshire Counties, with users describing it as a model of community enterprise. While there are minor areas for improvement in governance policies, the organization's robust support for local economic growth and innovation positions it favorably among similar nonprofits in New England.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Franklin County Community Development Corporation legitimate?
Franklin County Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin County Community 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $111,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $895,816
For more financial information, click here
Official website here: www.fccdc.org
What is the mission statement of Franklin County Community Development Corporation?
The Franklin County Community Development Corporation's mission is geared towards fostering a more vibrant rural economy. By doing so, it aims to empower the community to have a significant influence on their future economic prospects. Additionally, the corporation strives to expand opportunities for low and moderate-income residents in the county.
Official website here: www.fccdc.org
Who is the CEO of Franklin County Community Development Corporation?
John F Waite is the Director of Franklin County Community Development Corporation.
Official website here: www.fccdc.org
What is the revenue of Franklin County Community Development Corporation?
Franklin County Community Development Corporation's revenue in 2022 was $3,713,917.
Official website here: www.fccdc.org
Who are the executives of Franklin County Community Development Corporation and what are their salaries?
The average compensation at Franklin County Community Development Corporation during 2022 was $45,767. There are 22 employees at Franklin County Community Development Corporation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $111,805
- Related: $0
- Other: $5,553
Official website here: www.fccdc.org
Where can I find the form 990 for Franklin County Community Development Corporation?
Franklin County Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fccdc.org
Learn more at the official website: www.fccdc.org
Mission Statement of Franklin County Community Development Corporation
The Franklin County Community Development Corporation, a nonprofit organization, is dedicated to stimulating a more vibrant rural economy in the area. Its primary purpose is to empower local residents, particularly those with low and moderate incomes, by enhancing their control over their future economic destiny. The corporation believes in expanding opportunities within the community and aims to achieve this goal by fostering an environment that encourages growth and development.
In addition to its economic development objectives, the Franklin County Community Development Corporation also seeks to make a positive impact on its community. It accomplishes this by providing resources and support to local businesses and entrepreneurs, with a focus on agriculture and food production. The Western Massachusetts Food Processing Center, a project under the corporation's umbrella, serves as a national model for promoting entrepreneurship and supporting local agriculture. The center offers wrap-around services to help new and existing food businesses launch, grow, and sustain their operations. In 2022 alone, 65 small food entrepreneurs and 15 local farms benefited from the center's resources. Since its inception in 2001, the Western Massachusetts Food Processing Center has assisted over 500 local farmers and entrepreneurs in their endeavors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Franklin County Community Development Corporation's impact includes promoting economic development through entrepreneurship, sustaining local agriculture, and advocating for best practices for food producers. Their Western Massachusetts Food Processing Center is a national model that provides support to help farm and food businesses launch, scale, and sustain their operations. In 2022, 65 small food entrepreneurs, startups, and 15 local farms utilized the facility and its resources. Since its establishment in 2001, over 500 local farms and entrepreneurs have benefited from the support provided by the organization. Their mission is to stimulate a more vital rural economy, enhance community control over economic destiny, and create more opportunities for low and moderate-income residents in Franklin County.
This information is meant to be a general summary of Franklin County Community 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.
- Investment Income: $207
- Program Service Revenue: $816,137
- Gross Receipts: $3,713,917
Assets and Liabilities:
- Total Assets: $8,345,548
- Total Liabilities: $3,914,333
- Net Assets: $4,431,215
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PROCESSING CENTER
Revenue
$385,965
RENTAL REVENUE
Revenue
$212,426
INTEREST & FEES ON LOA
Revenue
$110,044
TUITION
Revenue
$1,000
Organization Details
Founding Year
1979
Phone
(413) 774-7204Principal Officer
John F Waite
Main Address
324 WELLS STREET, GREENFIELD, MA, 01301
Website
www.fccdc.orgNTEE Category
Code: S40Z - Community improvement
If you are a representative of Franklin County Community Development Corporation 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.