Essex County Industrial Development Agency Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141630643 ✦ Elizabethtown, NY ✦ Designated as a 501(c)(4)

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Overview

What is Essex County Industrial Development Agency Inc?

The Essex County Industrial Development Agency Inc, located in Elizabethtown, New York, serves as a catalyst for economic growth within the county. Their primary objective is to promote business expansion, retention, and creation of employment opportunities, ultimately enhancing the county's industrial and commercial tax base. Their mission is to foster a conducive business environment that encourages diverse, sustainable economic development opportunities. With a team of three dedicated individuals, they play a crucial role in attracting compatible businesses to the region, contributing to the county's overall economic prosperity.


Official website here: www.essexcountyida.com

Is Essex County Industrial Development Agency Inc legitimate?

Essex County Industrial Development Agency Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Essex County Industrial Development Agency 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: $74,983
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,701

For more financial information, click here


Official website here: www.essexcountyida.com

What is the mission statement of Essex County Industrial Development Agency Inc?

The Essex County Industrial Development Agency Inc's mission is centered around establishing a conducive business environment. This mission aims to attract compatible and diverse sustainable economic development opportunities. The primary objective of their activities is to facilitate business expansion and retention, create employment opportunities, and enhance the county's industrial and commercial tax base. By achieving these goals, the agency contributes to the overall economic vitality of the area.


Official website here: www.essexcountyida.com

Who is the CEO of Essex County Industrial Development Agency Inc?

Darren Darrah is the Chairman of Essex County Industrial Development Agency Inc.


Official website here: www.essexcountyida.com

What is the revenue of Essex County Industrial Development Agency Inc?

Essex County Industrial Development Agency Inc's revenue in 2022 was $977,916.


Official website here: www.essexcountyida.com

Who are the executives of Essex County Industrial Development Agency Inc and what are their salaries?

The average compensation at Essex County Industrial Development Agency Inc during 2022 was $61,228. There are 3 employees at Essex County Industrial Development Agency Inc.


Here are 7 key members and their salaries:


James Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Boyea (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Courtright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Darrah (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Holzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mounty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.essexcountyida.com

Where can I find the form 990 for Essex County Industrial Development Agency Inc?

Essex County Industrial Development Agency Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.essexcountyida.com

Learn more at the official website: www.essexcountyida.com

Mission Statement of Essex County Industrial Development Agency Inc

Essex County Industrial Development Agency Inc's mission is centered around establishing a conducive business environment that attracts a variety of sustainable economic development opportunities. This organization strives to draw in compatible and diverse businesses, aiming to foster an atmosphere that encourages growth and expansion. Their primary objective is twofold: to facilitate the retention and expansion of existing business activities, and to create new employment opportunities. Furthermore, their mission aims to expand the county's industrial and commercial tax base, contributing to the overall economic development of the region.

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Impact




October, 2024

Essex County Industrial Development Agency Inc plays a crucial role in fostering economic growth within the region by creating a viable business atmosphere that supports diverse and sustainable development opportunities. Its primary objectives include facilitating the expansion and retention of businesses, which in turn leads to the creation of employment opportunities and the expansion of the county's industrial and commercial tax base. Operating from Elizabethtown, NY, the agency actively seeks to attract compatible businesses that can enhance community improvement and contribute to the local economy. Through its initiatives, the agency helps ensure a robust economic environment that benefits residents and businesses alike.




This information is meant to be a general summary of Essex County Industrial Development Agency 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.

Revenue
$977,916 (2022)
Expenses
$423,992 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $111,881
  • Program Service Revenue: $504,473
  • Gross Receipts: $1,008,767

Assets and Liabilities:

  • Total Assets: $7,551,695
  • Total Liabilities: $229,386
  • Net Assets: $7,322,309

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REVENUE BOND FEES

Revenue

$463,955

LOAN INTEREST INCOME

Revenue

$25,718

INDUSTRIAL PARK RENTS

Revenue

$12,800

APPLICATION & ADMIN FEES

Revenue

$2,000

Organization Details

Founding Year

1973

Principal Officer

Darren Darrah

Main Address

7655 COURT STREET PO BOX 217, ELIZABETHTOWN, NY, 12932

NTEE Category

Code: S31 - Community improvement

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