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Wayne Economic Development Corporation

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

EIN: 160955314 ✦ Lyons, NY ✦ Designated as a 501(c)(3)

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Overview

What is Wayne Economic Development Corporation?

The Wayne Economic Development Corporation, based in Lyons, New York, serves as a nonprofit entity with a mission to stimulate economic growth in Wayne County. Their objectives include promoting the establishment and expansion of civic, industrial, and commercial facilities, fostering the creation and enhancement of job opportunities, decreasing unemployment rates, and ultimately improving the overall well-being of its communities and residents. They work towards lessening governmental burdens and act in the public interest to facilitate economic activities in the region.


Official website here: www.wedcny.com

Is Wayne Economic Development Corporation legitimate?

Wayne Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayne 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wedcny.com

What is the mission statement of Wayne Economic Development Corporation?

The Wayne Economic Development Corporation was established with the objective of alleviating governmental burdens and serving the public interest. Its primary mission is to stimulate economic activities across various sectors in Wayne County, New York. This includes facilitating the establishment and expansion of civic, industrial, and commercial facilities. The corporation aims to generate new and improved job opportunities, decrease unemployment, and enhance the overall well-being of its communities and residents.


Official website here: www.wedcny.com

Who is the CEO of Wayne Economic Development Corporation?

Brian Pincelli is the Chairman of Wayne Economic Development Corporation.


Official website here: www.wedcny.com

What is the revenue of Wayne Economic Development Corporation?

Wayne Economic Development Corporation's revenue in 2022 was $1,076,909.


Official website here: www.wedcny.com

Who are the executives of Wayne Economic Development Corporation and what are their salaries?


Here are 10 key members and their salaries:


Scott Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Eygnor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaye Stone-Gansz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Dilella (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Heald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Brockmyre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Debadts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Pincelli (Executive Director)
  • Compensation: $0
  • Related: $115,607
  • Other: $7,097
Jamie Corteville (Cfo)
  • Compensation: $0
  • Related: $64,822
  • Other: $15,747
Kathleen Bronson (Coo)
  • Compensation: $0
  • Related: $79,756
  • Other: $26,918


Official website here: www.wedcny.com

Where can I find the form 990 for Wayne Economic Development Corporation?

Wayne Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wedcny.com

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

Mission Statement of Wayne Economic Development Corporation

Wayne Economic Development Corporation was established with a mission to alleviate governmental responsibilities and act in the public interest. Their primary objective is to stimulate economic activities across Wayne County, New York. This involves facilitating the location and expansion of civic, industrial, and commercial facilities. By doing so, they aim to create new and improved job opportunities, thereby reducing unemployment. Furthermore, their mission is to enhance the well-being of the communities and residents in Wayne County. This multifaceted approach by Wayne Economic Development Corporation is designed to foster economic growth and improve the quality of life for its residents.

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Impact




October, 2024

The Wayne Economic Development Corporation significantly impacts Wayne County, NY, by facilitating vital economic activities that drive growth and prosperity in the region. It actively supports the location and expansion of civic, industrial, and commercial facilities, which helps to create and improve job opportunities for residents. This initiative contributes to a reduction in unemployment rates and enhances the overall well-being of the community.

By acting in the public interest and alleviating governmental burdens, the corporation plays a crucial role in fostering a healthier economy. The strategic development initiatives not only stimulate local business but also improve the quality of life for residents, ensuring that Wayne County remains a vibrant place to live and work. Through these concerted efforts, the Wayne Economic Development Corporation makes a lasting impact on community improvement and regional growth.




This information is meant to be a general summary of Wayne 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.

Revenue
$1,076,909 (2022)
Expenses
$968,408 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52,068
  • Program Service Revenue: $38,890
  • Gross Receipts: $1,076,909

Assets and Liabilities:

  • Total Assets: $7,486,392
  • Total Liabilities: $446,043
  • Net Assets: $7,040,349

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Programs

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

AGENCY FEE INCOME

Revenue

$25,943

OTHER INCOME

Revenue

$12,947

Organization Details

Founding Year

1968

Principal Officer

Brian Pincelli

Main Address

9 PEARL STREET, LYONS, NY, 14489

NTEE Category

Code: S20 - Community improvement

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