Overview
What is Emerald Corporate Center Economic Development Corporation?
The Emerald Corporate Center Economic Development Corporation serves as the manager and developer of the Emerald Corporate Park, located in Monticello, NY. Their primary mission is to foster employment opportunities within the region by overseeing and managing the corporate park's operations. By promoting and providing employment opportunities, this nonprofit organization plays a crucial role in supporting the local economy.
Official website here: www.sullivanny.us/departments/emeraldcorp
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Emerald Corporate Center Economic Development Corporation has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization boasts a perfect score for having a majority independent board members and an excellent liabilities to assets ratio, showcasing strong financial management and governance.
However, there are notable weaknesses in the organization's policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, which are essential for transparency and accountability. Additionally, it has not posted its tax form on its website, which limits public access to important financial information.
Despite these limitations, the organization demonstrates a high program expense ratio of 96.53%, reflecting that a significant portion of its funds is being utilized for its programs rather than administrative costs. Overall, while Emerald Corporate Center has strengths in governance, it could improve its policies to enhance transparency and build greater trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Emerald Corporate Center Economic Development Corporation legitimate?
Emerald Corporate Center Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Corporate Center Economic 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.
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Official website here: www.sullivanny.us/departments/emeraldcorp
What is the mission statement of Emerald Corporate Center Economic Development Corporation?
The Emerald Corporate Center Economic Development Corporation is tasked with managing and developing the Emerald Corporate Park. Their primary objective is to promote and facilitate employment opportunities in their capacity, working towards the betterment of the local workforce. By overseeing the expenses related to the corporate park, they contribute to creating a conducive environment for businesses, ultimately fostering employment prospects.
Official website here: www.sullivanny.us/departments/emeraldcorp
Who is the CEO of Emerald Corporate Center Economic Development Corporation?
Heather Brown is the Director of Emerald Corporate Center Economic Development Corporation.
Official website here: www.sullivanny.us/departments/emeraldcorp
What is the revenue of Emerald Corporate Center Economic Development Corporation?
Emerald Corporate Center Economic Development Corporation's revenue in 2022 was $65,000.
Official website here: www.sullivanny.us/departments/emeraldcorp
Who are the executives of Emerald Corporate Center Economic Development Corporation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.sullivanny.us/departments/emeraldcorp
Where can I find the form 990 for Emerald Corporate Center Economic Development Corporation?
Emerald Corporate Center Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sullivanny.us/departments/emeraldcorp
Learn more at the official website: www.sullivanny.us/departments/emeraldcorp
Mission Statement of Emerald Corporate Center Economic Development Corporation
Emerald Corporate Center Economic Development Corporation is dedicated to overseeing, managing, and developing the Emerald Corporate Park. Its primary mission is to promote and provide employment opportunities in various capacities. This nonprofit organization plays a crucial role in the Monticello area by ensuring the proper functioning and growth of the corporate park, thereby creating job opportunities for the local community.
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Impact
August, 2024
Emerald Corporate Center Economic Development Corporation's impact is significant in promoting economic development and providing employment opportunities in Monticello, NY. By overseeing, managing, and developing the Emerald Corporate Park, it contributes to the growth of the local economy and supports the community by creating job opportunities. The corporation plays a vital role in enhancing the business environment and facilitating the growth of businesses within the corporate park, ultimately leading to increased economic prosperity and community improvement in Monticello.
This information is meant to be a general summary of Emerald Corporate Center Economic 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.
- Gross Receipts: $65,000
Assets and Liabilities:
- Total Assets: $1,476,132
- Total Liabilities: $58
- Net Assets: $1,476,074
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Organization Details
Founding Year
2000
Phone
(845) 807-0527Principal Officer
Heather Brown
Main Address
100 NORTH STREET, MONTICELLO, NY, 12701
NTEE Category
Code: S20 - Community improvement
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