Tompkins County Area Development Inc

Ithaca Area Economic Development

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

EIN: 166058339 ✦ Ithaca, NY ✦ Designated as a 501(c)(6)

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Overview

What is Tompkins County Area Development Inc?

Tompkins County Area Development Inc, operating under the name Ithaca Area Economic Development, is a nonprofit organization based in Ithaca, New York. Its primary mission is to stimulate business growth, create job opportunities, and enhance the overall prosperity within Tompkins County. By fostering the expansion of local businesses, this organization aims to build a sustainable and thriving economy that ultimately improves the quality of life for the community. With a dedicated workforce of six individuals, Tompkins County Area Development Inc is committed to its vision of promoting economic growth and employment within the region.


Official website here: www.ithacaareaed.org

What do the Facebook reviews say about Tompkins County Area Development Inc?

90% of the 8 reviewers on Facebook recommend Tompkins County Area Development Inc. Here is a summary of their reviews:

Many users appreciate the organization for providing valuable information and resources related to community development. The calendars and updates shared by the nonprofit are particularly noted for being helpful in keeping the public informed about local events and opportunities.

Overall, the sentiment is positive, with reviewers expressing satisfaction with the services and support offered by Tompkins County Area Development Inc. Its commitment to community engagement seems to resonate well with those who have interacted with the organization.


This AI summary has been generated from reviews found on Facebook.

Is Tompkins County Area Development Inc legitimate?

Tompkins County Area Development Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tompkins County Area Development 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: $197,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,590

For more financial information, click here


Official website here: www.ithacaareaed.org

What is the mission statement of Tompkins County Area Development Inc?

Tompkins County Area Development Inc is committed to fostering a thriving and sustainable economy that enhances the quality of life in the area. Their mission is achieved by promoting the growth of businesses and employment within the county. The organization encourages the location and expansion of local businesses, thereby creating job opportunities and contributing to the overall prosperity of the community. In essence, Tompkins County Area Development Inc aims to stimulate economic growth and improve the livelihoods of its residents.


Official website here: www.ithacaareaed.org

Who is the CEO of Tompkins County Area Development Inc?

Heather Mcdaniel is the Director of Tompkins County Area Development Inc.


Official website here: www.ithacaareaed.org

What is the revenue of Tompkins County Area Development Inc?

Tompkins County Area Development Inc's revenue in 2022 was $830,075.


Official website here: www.ithacaareaed.org

Who are the executives of Tompkins County Area Development Inc and what are their salaries?

The average compensation at Tompkins County Area Development Inc during 2022 was $81,911. There are 6 employees and 25 volunteers at Tompkins County Area Development Inc.


Here are 26 key members and their salaries:


Anne Korman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Noteboom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Hart (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Malcom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Mohlenhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Lavigne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Galvin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Illa Burbank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Gorsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Matteson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Goodenough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Malina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Collett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Baum (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Linn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary George Opperman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Wilczynski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawna Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Darling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Mcdaniel (President)
  • Compensation: $157,616
  • Related: $0
  • Other: $40,261


Official website here: www.ithacaareaed.org

Where can I find the form 990 for Tompkins County Area Development Inc?

Tompkins County Area Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ithacaareaed.org

Learn more at the official website: www.ithacaareaed.org

Mission Statement of Tompkins County Area Development Inc

Tompkins County Area Development, a dedicated nonprofit organization, is committed to building a thriving and sustainable economy in Tompkins County. Their mission is to enhance the quality of life in the area by fostering the growth of businesses and creating employment opportunities. They achieve this by encouraging the location and expansion of local businesses, thereby contributing to individual and community prosperity within Tompkins County, New York. In essence, Tompkins County Area Development is working towards a vibrant and sustainable economic landscape that benefits the local community as a whole.

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Impact




October, 2024

Tompkins County Area Development Inc plays a vital role in enhancing the economic landscape of Tompkins County through its commitment to fostering business growth and creating job opportunities. By actively encouraging the location and expansion of local businesses, the organization contributes to a sustainable economy that directly improves the quality of life for residents.

Their efforts lead to the betterment of both individual and community prosperity, making a significant impact on the local workforce and overall economic health. This dedication not only supports existing businesses but also attracts new enterprises to the region, thereby creating a diverse and resilient economic environment. Through these initiatives, Tompkins County Area Development Inc is instrumental in building a thriving community that benefits everyone who lives and works in Tompkins County.




This information is meant to be a general summary of Tompkins County Area Development 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
$830,075 (2022)
Expenses
$991,200 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $609
  • Program Service Revenue: $778,509
  • Gross Receipts: $830,075

Assets and Liabilities:

  • Total Assets: $4,216,406
  • Total Liabilities: $745,181
  • Net Assets: $3,471,225

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Programs

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

MANAGEMENT FEES

Revenue

$732,983

LOAN INCOME

Revenue

$22,751

MEMBERSHIP INCOME

Revenue

$14,274

ECONOMIC DEVELOPMENT G

Revenue

$8,000

MISCELLANEOUS

Revenue

$501

Organization Details

Founding Year

1965

Principal Officer

Heather Mcdaniel

Main Address

119 EAST SENECA STREET 200, ITHACA, NY, 14850

NTEE Category

Code: S30 - Community improvement

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