Overview
What is Cumberland Valley Regional Development Corp?
The Cumberland Valley Regional Development Corp is a nonprofit organization situated in Chambersburg, Pennsylvania. Their primary focus is on promoting economic growth in the Cumberland Valley region, achieving this through the purchase, development, and sale of land for industrial purposes. By facilitating economic development, they aim to contribute positively to the local community. Their mission is centered around enhancing the economic landscape of the region, making it an attractive destination for businesses and industries.
Is Cumberland Valley Regional Development Corp legitimate?
Cumberland Valley Regional Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cumberland Valley Regional Development Corp 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 Cumberland Valley Regional Development Corp?
The Cumberland Valley Regional Development Corp's mission is centered around promoting economic growth within the region. Specifically, their primary activity involves facilitating economic development. To accomplish this, they engage in strategic land purchases, development, and subsequent sales, with a focus on industrial development. This strategic approach aims to stimulate economic activity and foster a prosperous environment within the Cumberland Valley.
Who is the CEO of Cumberland Valley Regional Development Corp?
Mickey Nye is the Director of Cumberland Valley Regional Development Corp.
What is the revenue of Cumberland Valley Regional Development Corp?
Cumberland Valley Regional Development Corp's revenue in 2022 was $43,839.
Who are the executives of Cumberland Valley Regional Development Corp and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Cumberland Valley Regional Development Corp?
Cumberland Valley Regional Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cumberland Valley Regional Development Corp
Cumberland Valley Regional Development Corp, a notable entity, is dedicated to promoting economic growth in the Cumberland Valley area. Their primary mission is to facilitate this development by engaging in strategic land transactions. Specifically, the corporation purchases land, develops it for industrial purposes, and subsequently sells it to contribute to the region's economic expansion. By undertaking these activities, Cumberland Valley Regional Development Corp plays a pivotal role in fostering a thriving business environment within the Cumberland Valley.
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Impact
October, 2024
Cumberland Valley Regional Development Corp significantly impacts the local economy by facilitating economic development in the Cumberland Valley. By purchasing, developing, and selling land specifically for industrial development, the organization plays a crucial role in attracting businesses to the area. This not only creates job opportunities but also stimulates local investment and enhances community growth. The focus on community improvement further amplifies the positive effects, as it fosters a more vibrant and sustainable economic landscape for residents and businesses alike in Chambersburg, PA, and the surrounding region.
This information is meant to be a general summary of Cumberland Valley Regional Development Corp. 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: $43,839
- Gross Receipts: $7,000,049
Assets and Liabilities:
- Total Assets: $3,535,329
- Total Liabilities: $3,308,268
- Net Assets: $227,061
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Organization Details
Founding Year
2002
Phone
(717) 264-7101Principal Officer
Mickey Nye
Main Address
100 LINCOLN WAY EAST RM/STE A, CHAMBERSBURG, PA, 17201
NTEE Category
Code: S41 - Community improvement
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