Overview
What is Grafton Regional Development Corporation?
The Grafton Regional Development Corporation, situated in Plymouth, New Hampshire, serves as a nonprofit organization with a mission to enhance the regional business climate and foster employment opportunities. By offering financial and technical assistance for economic development and capital projects, they aim to support the creation and retention of job opportunities for low- to moderate-income individuals. Additionally, they contribute to community development, promoting a higher standard of living in Grafton County, New Hampshire. With a team of seven dedicated individuals, the Grafton Regional Development Corporation plays a significant role in driving local economic growth and bettering the lives of its residents.
Official website here: www.graftonrdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Grafton Regional Development Corporation has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial integrity. The organization's overall score is based solely on its Accountability & Finance metrics, which it has excelled in, scoring 96%. This high rating indicates a robust operational framework that prioritizes responsible management of funds.
The nonprofit boasts several strengths, including a fully independent board of directors, which consists of 12 members, and high scores in various governance practices such as conflict of interest and whistleblower policies. Additionally, the organization has demonstrated excellent financial oversight, with an outstanding program expense ratio of 77.13%, suggesting that a substantial portion of its funds are directed towards its mission rather than administrative costs.
While there are no significant limitations noted in the data provided, the organization should continue to maintain its high standards and transparency to retain donor trust and support. The absence of any material diversion of assets and its adherence to best practices in financial reporting further solidifies its reputation as a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Grafton Regional Development Corporation legitimate?
Grafton Regional Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grafton Regional 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: $91,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $152,083
For more financial information, click here
Official website here: www.graftonrdc.org
What is the mission statement of Grafton Regional Development Corporation?
The Grafton Regional Development Corporation is dedicated to enhancing the living standards in its unspecified region by fostering and retaining employment opportunities. This organization provides financial and technical assistance to promote economic development, improve the regional business climate, and create additional job opportunities, particularly for individuals with lower to moderate incomes. Furthermore, the corporation supports community development initiatives to contribute to overall regional growth.
Official website here: www.graftonrdc.org
Who is the CEO of Grafton Regional Development Corporation?
Bruce Wiggett Sr is the Ceo of Grafton Regional Development Corporation. The CEO's salary of Grafton Regional Development Corporation is $0 and their total compensation is $91,079.
Official website here: www.graftonrdc.org
What is the revenue of Grafton Regional Development Corporation?
Grafton Regional Development Corporation's revenue in 2022 was $573,300.
Official website here: www.graftonrdc.org
Who are the executives of Grafton Regional Development Corporation and what are their salaries?
The average compensation at Grafton Regional Development Corporation during 2022 was $34,737. There are 7 employees and 15 volunteers at Grafton Regional Development Corporation.
Here are 14 key members and their salaries (Grafton Regional Development Corporation's CEO's salary is $0 and their total compensation is $91,079):
- Compensation: $0
- Related: $91,079
- 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: $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
Official website here: www.graftonrdc.org
Where can I find the form 990 for Grafton Regional Development Corporation?
Grafton Regional Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.graftonrdc.org
Learn more at the official website: www.graftonrdc.org
Mission Statement of Grafton Regional Development Corporation
The Grafton Regional Development Corporation is committed to enhancing the living standards in Grafton County, New Hampshire. Their mission is twofold: firstly, they aim to create and retain employment opportunities throughout the region, thereby contributing to the overall economic growth. Secondly, they provide financial and technical assistance for various development projects, striving to improve the regional business climate. This, in turn, fosters the creation of additional job opportunities, particularly for individuals with lower to moderate incomes. Moreover, the corporation supports community development, playing a crucial role in fostering a prosperous and thriving community.
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
Grafton Regional Development Corporation plays a vital role in improving the standard of living in Grafton County, NH. By focusing on creating and retaining employment opportunities throughout the region, this organization has a direct impact on the local economy. Through providing financial and technical assistance for economic development and capital projects, Grafton Regional Development Corporation enhances the regional business climate, leading to the development of additional job opportunities, particularly for low and moderate-income individuals. Overall, their efforts support community development and contribute to the overall well-being of Grafton County residents.
This information is meant to be a general summary of Grafton Regional 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: $193
- Program Service Revenue: $259,937
- Gross Receipts: $573,300
Assets and Liabilities:
- Total Assets: $4,974,864
- Total Liabilities: $728,972
- Net Assets: $4,245,892
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.
REVOLVING LOAN FUND INTEREST
Revenue
$133,360
1 BRIDGE STREET
Revenue
$111,527
PROGRAM SERVICE FEES
Revenue
$15,050
Organization Details
Founding Year
1998
Phone
(603) 536-2011Principal Officer
Bruce Wiggett Sr
Main Address
PO BOX 178, PLYMOUTH, NH, 03264
Website
www.graftonrdc.orgNTEE Category
Code: S30 - Community improvement
If you are a representative of Grafton Regional 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.